Humans got a rare win last week. That's because Elon Musk admitted that his state-of-the-art Tesla (TSLA) factory might have too many robots. The revelation came during a televised interview with "CBS This Morning" co-host Gayle King. It's a big change of heart for Musk, who in the past has talked about completely automated factories. Investors should use the news to buy robotics stocks. According to Musk, the Tesla factory in Fremont, Calif., should be making 5,000 cars per week. In March, the plant could muster no more than a paltry 2,070 Model 3s. Blame the Robots Musk says the robots are ridiculously complex. They have been over-engineered. They are too fussy, and prone to weird failures. In March, the entire line had to shut down because one of the conveyors that moved parts in ...To read the rest of Jon Markman’s article, click here...
Failure Makes This Ingenious Consulting Firm Tick
Odds are, you don't know Exponent Inc. (EXPO). That's fine. You're not supposed to. The Silicon Valley company does not make cool ...Read more
