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Elon Musk Predicts a Tenfold Increase in Humanoid Robot Production, But Major Investors Slash Guangyu Holdings

Elon Musk Predicts a Tenfold Increase in Humanoid Robot Production, But Major Investors Slash Guangyu Holdings

The Taiwanese stock market saw a slight increase on April 30, with Tesla CEO Elon Musk announcing that the production of humanoid robots under his leadership would increase tenfold next year. This news led to multiple robot-related stocks hitting their daily limits. Despite the ongoing tariff battle in the U.S., Guangyu (2328) has received increased inquiries from customers in Malaysia and Thailand, expecting a 20% growth in revenue this year. However, on the same day, major investors sold off nearly ten thousand shares, resulting in a modest 0.8% increase, closing at 37.6 TWD. Investors voiced their doubts, suggesting that there might be hidden motives behind the sale.