After launching Android Studio 4.0.1 for the first time, you’ll see the dialog.

He fired up the IDE. The interface was a nostalgic blend of the old IntelliJ style and the "new" UI experiments of the time. He hit "Sync Project with Gradle Files." For a moment, it hung—a common occurrence for developers with slower connections or 4GB of RAM. Android Studio Panda 4 - Android Developers

Unpack the .tar.gz archive to an appropriate location (e.g., /opt/ ).