Tesla is a leading manufacturer of electric vehicles (EVs), whereas Meta Platforms is the parent company of social networks Facebook and Instagram. Both Tesla stock and Meta stock soared by more than 60% during 2024,

Facebook parent Meta is entering the competitive field of humanoid robotics, joining rivals such as Nvidia-backed Figure AI and Tesla, as the emergence of advanced AI models drive

The Harvard Management Company increased its exposure to Big Tech in its directly held stock portfolio during the final months of 2024, adding new positions in Apple, Amazon, Tesla, and Microsoft while reinforcing its already substantial investment in Meta.

Meta Platforms is establishing a new division within its Reality Labs unit to develop AI-powered humanoid robots that can assist with physical tasks, according to an internal company memo viewed by Reuters on Friday.

According to sources quoted by Bloomberg's Mark Gurman, Meta does not intend to develop a branded robot like Tesla's Optimus. Instead, the company is looking at

It’s a tribute to American tech dominance that the companies — Amazon, Apple, Google, Meta, Microsoft, Nvidia and Tesla — have a combined net worth greater than that of all the companies in Europe.

Tesla and Meta are entirely different companies. The former manufactures electric vehicles (EVs), whereas the latter is the social media giant behind Facebook and Instagram. Despite its incredible run last year,

Tesla bears disagree, of course, pointing out the vast majority of its profit comes from selling EVs. Based on Tesla’s growing list of competitors, the bulls are winning. That doesn’t mean it’s clear sailing for Tesla stock,

Facebook kickstarted the modern social media age in the early 2000s. But its parent company Meta’s ambitions to expand over the last decade haven’t been nearly as impactful, highlighting the challenges that loom over the tech giant as it reportedly prepares for its next big thing: humanoid robots.

Meta is entering the AI humanoid robot race, focusing on AI, sensors, and software rather than building robots.

Dan Ives sees Meta's AI-driven growth adding $100 per share, while despite Tesla's EV struggles, he remains bullish on Musk's long-term robotics and AI vision, emphasizing that the software era is now taking center stage in AI investments.

Meta Platforms Inc., after pushing into augmented reality and artificial intelligence, has identified its next big bet: AI-powered humanoid robots.