Industry Notes / Robots: Tesla and Unitree / Chapter 8 of 10 · Timeline

Profit migration: 2026 / 2028 / 2030

From bottleneck screws to modules, then brain and services

1. 2026–2027
   Money in roller screws, 6-axis/tactile, harmonics, hollow-cup—gap still open
2. 2028–2030
   Money in joint modules and yield engineering; single-part differentiation erodes
3. 2030+
   Money in brain, chips, services—if the real-world data loop closes

Near-term certainty in screws and sensors; then joint modules and yield; only later models, chips, and services.

Source：调研正文第 9 章利润迁移三段论

Research notes, not investment advice.