True, but humanoid robots have little to do with industrial applications. I'm not bashing Tesla or Musk in any way, but this seems more of a mix of PR and research. Robotics is indeed the future, there will be huge demand in a few years, and of course they want to keep a foot in that door, so they need a project which today allows them to say "we're doing robotics too", tomorrow could evolve in big "ooohhh!" and in the meantime let them build experience in the field. In due time all money spent in this field is going to return. In my opinion this robot will probably evolve either into a companion aid for lonely/ill people or maybe a future Tesla luxury car chaffeur, rather than doing any serious mechanical work. For most uses, today a wheeled/tracked platform with grabbers is still cheaper, stronger, better. The knowledge accumulated during the journey to get there however will represent the most valuable asset.