“Elon, what are you doing?”: Joe Rogan was furious

“Elon, what are you doing?”: Joe Rogan was furious

Joe Rogan and Elon Musk's

Comedian and podcaster Joe Rogan is no stranger to Tesla — he owns a Tesla Model S and has interviewed the company’s CEO Elon Musk multiple times. But when Rogan saw the company’s latest creation — the Optimus Gen 2 robot — he was awe-struck. And concerned.

“God damn it Elon, what are you doing?” Rogan said as he viewed Tesla’s Optimus video during a recent episode of “The Joe Rogan Experience” podcast.



This is I, Robot,” he remarked, referencing the 2004 science fiction film starring Will Smith.

Tesla’s presentation of the humanoid robot highlighted its ability to move its fingers, walk, perform squats, and delicately manipulate an egg.

Rogan expressed his fascination, noting, “Wow! This is nuts… I love the fact that it can extend its fingers, it’s moving its hands exactly like a person does.”

However, his admiration was tinged with a darker foresight.

Following the video’s conclusion, which teased “Stay tuned to see what Optimus will do next,” Rogan commented, “I’ll tell you what Optimus will do next — it’s going to come out of an aircraft carrier, thousands of them, with machine guns.”



As the podcast host contemplates a future where robots dramatically change the landscape of modern warfare, investors might also want to turn their attention to the burgeoning field of robotics and automation. Wall Street already sees massive upsides in some key players in the sector.

Tesla

For the most part, Tesla (TSLA) is recognized as an electric vehicle manufacturer. However, as evidenced by Rogan’s reaction, the company is also making significant strides in the robotics arena.

In fact, Musk recently tweeted “Tesla is an AI/robotics company that appears to many to be a car company.”

Tesla’s shares have experienced considerable volatility as one of the market’s most dynamic mega-cap names. They doubled in value in 2023 but have seen a decline of almost 20% so far in 2024.



Wedbush analyst Dan Ives sees a revival on the horizon. He has an “overweight” rating on Tesla and a price target of $315, implying a potential upside of nearly 60%.

Read more: Rich young Americans have lost confidence in the stock market — and are betting on these 3 assets instead. Get in now for strong long-term tailwinds

UiPath

Founded in Bucharest, Romania, UiPath (PATH) is a robotic process automation software company. Its solutions help organizations automate their business processes.

The stock has drawn considerable attention in recent years, partly because it was one of the top holdings of Cathie Wood’s Ark Invest.



While Ark Invest has made portfolio adjustments, UiPath continues to be a prominent holding. It currently ranks as the fifth-largest holding in Wood’s flagship fund, the Ark Innovation ETF (ARKK), and the third largest holding in the Ark Autonomous Technology Robotics ETF (ARKQ).

Over the last 12 months, UiPath shares have climbed 63%.

Rockwell Automation

With the rise in labor costs, an increasing number of companies are opting for automation. And that means a significant tailwind for Rockwell Automation (ROK), which focuses on industrial and warehouse automation.

The company operates through three segments: Intelligent Devices, Software and Control, and Lifecycle Services. It generated $9.1 billion in sales in fiscal 2023. In September, it bought Clearpath, a Canadian company “dedicated to automating the world’s dullest, dirtiest, and deadliest jobs.”



Rockwell also pays quarterly dividends and has been raising its payout every year.

The stock, however, has had a choppy ride and is down about 6% over the last 12 months.

Citigroup analyst Andrew Kaplowitz has a “buy” rating on Rockwell and a price target of $330 — 19% above where the stock sits today.

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