Industry Notes / Robots: Tesla and Unitree / Chapter 4 of 10 · Pie
Where the money in one robot goes
Upstream parts take about 75–80% of BOM
- Actuators (mid)50% · 50%
- Sensing18% · 18%
- Structure22% · 22%
- Control & other10% · 10%
Actuators (including hands) at ~40–60% are the densest value block; sensing, structure, and control split the rest. China vs non-China bill-of-materials can differ by nearly 3× per unit.
Source：中国信通院 2026Q1 监测与券商 BOM 拆解（量级）
Research notes, not investment advice.