The Rundown

Tesla's Optimus Project Falls Behind, Intel Cuts Staff by 15%

10 snips
Jul 25, 2025
In a humorous twist, President Trump's visit to the Federal Reserve leads to a lighthearted confrontation over renovation costs. The podcast then dives into Tesla's struggles with the Optimus robot's development, particularly its human-like hands. Meanwhile, Intel faces financial troubles and significant staff cuts amid fierce competition. The conversation shifts to the tech and media sectors, highlighting winners like Decker and losers like Charter Communications. Lastly, the hosts tackle the shifting landscape of college sports due to new restrictions on athlete compensation.
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ANECDOTE

Trump's Viral Fed Visit

  • President Trump's visit to the Federal Reserve turned into a viral comedic moment resembling a scene from The Office.
  • Trump criticized Fed renovations costs and pressed Jerome Powell for interest rate cuts with humorous interactions.
INSIGHT

Tesla's Optimus Delays

  • Tesla's Optimus robot project is significantly behind schedule with only a few hundred built versus the projected 5,000.
  • Achieving human-like robot hands poses a tough technical barrier, and the head of engineering recently quit amid lawsuits.
INSIGHT

Intel's Competitive Struggles

  • Intel is struggling financially with six consecutive quarterly losses and increasing competition in AI and chip manufacturing.
  • Despite cutting 15% of staff and canceling new factories, Intel lacks competitive AI chips and leading-edge manufacturing tech.
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