Yeah that's mostly a justification for layoffs. They're not competitive robotics manufacturing AI that cuts down the need for enormous chunks of capital for factory floor space + varied equipment + switching things up to change what you're producing. They're not competitive on the large computational engineering models important for R&D (which they're not doing either) and iterating new rocket engines. It's a giant grift, but people need to be careful not to universalize the values of Silicon Valley AI companies.