27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
Tesla CEO Elon Musk is seemingly in agreement with venture capitalist Vinod Khosla that robots will take over undesirable jobs from humans sometime between 2035 and 2049.
What Happened: Khosla on Tuesday made several predictions for the future including AI doctors and tutors, bipedal robots taking over undesirable jobs, diverse content, increased creativity, green fertilizers, replacement of cars with robotaxis, and faster flights. These predictions will occur if we allow them to happen, the Khosla Ventures founder said.
“Labor will be near free,” Khosla said while envisioning billions of bipedal and other robots taking undesirable jobs from humans. Nvidia Senior Research Manager Jim Fan, too, agrees.
“Humanoid robots will exceed the supply of iPhones in the next decade,” Fan wrote. “Gradually, then suddenly.”
Musk responded to Fan with a short, “Yeah.”
Why It Matters: Musk’s Tesla makes its own bi-pedal, autonomous humanoid robot nicknamed Optimus.
During Tesla’s fourth-quarter earnings call in January, Musk expressed optimism about delivering some units of its Optimus humanoid robot next year.
“I think we’ve got a good chance of shipping some number of Optimus units next year,” Musk said. However, the CEO also warned that there is a lot of uncertainty and it is impossible to make a precise prediction. “I do think it has the potential to be the most valuable product of any kind ever by far,” he added.
Late last month, Musk confirmed to an X user that the Optimus will be priced between $25,000 and $30,000 initially and less as time passes. Tesla introduced its humanoid bot in 2021 with the initial goal of handling unsafe, repetitive, or tedious tasks.
Check out more of Benzinga’s Future Of Mobility coverage by following this link.
Photo via Shutterstock
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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