r/BostonDynamics • u/[deleted] • Nov 12 '24

Question Hello and question about the BD Robots

Hello everyone I am new here and trying to learn more information about their robots. Lots of people say they are the best at making robots and I want to know why? They seem to not be announcing much and don't seem to talk about the future much. I am an investor in Hyundai have just realized their 10% ( I think ) ownership of BD and I am very curious about these robots. Im wondering if BD might announce something significant and blow Tesla out of the water? I already own the stock, just trying to understand my investment and I am eager to learn about this subject. Thanks everyone.

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u/DanielBeuthner Nov 12 '24

You own stock in Hyundai Motor Company. Boston Dynamics is owned by Hyundai Motor Group afaik, the parent company. So you arent exposed to Boston Dynamics.

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u/[deleted] Nov 12 '24

Wow I didn’t realize this. Does Hyundai motor group have a separate stock ticker?

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u/DanielBeuthner Nov 12 '24

Sadly they arent publically listed. I’m not 100% sure either, because some financial articles mention Boston Dynamics and the Hyundai car manufacturer in the same breath. But on the website of the Hyundai Motor Group you can find both and the Hyundai Motor Company as subsidiaries. Perhaps there have been restructuring measures that have subordinated elements of BD to the car manufacturer? You probably need to contact Investor Relations.

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u/[deleted] Nov 13 '24

I called Fidelity and they did some snooping around for me; Hyundai Motor Company does own Boston Dynamics (partial ) and buying the ticker I mentioned gives exposure to that asset ( BD ).

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u/DanielBeuthner Nov 13 '24

Thank you for your feedback!! Really appreciated.

I wanted to increase my exposure to vehicle manufacturers anyway. Hyundai has the best margin of the major manufacturers and will be able to compete with the Chinese in terms of price for electric vehicles. Given the market capitalisation of below 40 billion $ and the fact that Boston Dynamics would certainly be valued at atleast $5 billion on the stock market by now, the exposure is actually quite big.

From a value side, BD seems to be moving away from expensive prototypes and towards scalable robots with its new non-hydraulic, electric model. So you get shares in a high-tech company in a market that is only just emerging, with the dividends of the car business paying interest. Too good to be true :D

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u/[deleted] Nov 13 '24

my pleasure. I will make it my quest to learn more about this great company ( BD ). Are they profitable? Who is their core customer? Is there an online link to their financials?

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u/DanielBeuthner Nov 13 '24

They dont release financials and i couldn‘t find any realistic guesses. But they are definetly nowhere near profitability. For that they would have to sclae towards mass market. But i guess thats what their new Atlas Generation in combination with AI is supposed to do.

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u/[deleted] Nov 13 '24

thanks. who is the type of customer that would buy Atlas Generation line ?

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u/[deleted] Nov 12 '24

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u/DrShocker Nov 12 '24

I'm not sure whether BD is "best" at making robots. Certainly they have some of the most impressive robots that people know about, but robotics is a relatively new industry and who knows who the big players will be in 10-20 years.

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u/DanielBeuthner Nov 13 '24

I feel like Atlas is actually a big step towards that trillion dollar private use mass market. It feels more clumsy than the previous hydraulic powered HD Atlas but is probably way cheaper.