Pretty much. They banked on "if we can solve FSD, we can partially solve humanoid robot autonomy, because both are robots operating in poorly structured real world environments".

They started working on humanoid robots because Musk always has to have the next moonshot, trillion-dollar idea to promise "in 3 years" to keep the stock price high.

As soon as Waymo's massive robotaxi lead became undeniable, he pivoted to from robotaxis to humanoid robots.

I don't want a humanoid robot. I want a purpose built robot.

It's so they can stick a Tesla logo on a bunch of chinese tech and call it innovation.