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Elon Musk: Optimus robots will bring Tesla's capitalization to $25 trillion

Forklog / 14.06.2024 / 08:37
Elon Musk: Optimus robots will bring Tesla's capitalization to $25 trillion

Optimus humanoid robots will bring Tesla's capitalization to $25 trillion, which is more than half of the current capitalization of all companies in the S&P 500 index. This was stated by the head of the company, Elon Musk, writes CNBC.

He did not name the time frame for achieving such a target.

At the annual shareholders meeting in Austin, Texas, the billionaire noted that Tesla "is not just starting a new chapter, but is going to write a completely new book with Optimus as the main character." 

"Someday robots will function like R2-D2 and C-3PO from Star Wars. They will cook for you or clean, work in a factory or even teach children," Musk suggested.

In 2025, Tesla will launch limited production of Optimus and begin testing them at its factories. According to the entrepreneur's forecasts, next year the company will have 1,000 or several thousand robots.

The billionaire announced these plans after the shareholders voted to approve a $56 billion payment package for him. 

Tesla introduced a humanoid robot in 2021. In December 2023, the company showed the Optimus Gen 1 model, which can walk forward, calibrate body parts and move them in 11 axes, as well as take different poses.

Recall that in 2022, Musk said that Tesla's robobusiness would become more profitable than the automotive one.

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