At a recent shareholder meeting, Elon Musk dropped some major bombshells about Tesla’s future, and it’s all about humanoid robots. Yep, you heard that right. If you’re into tech and Elon Musk’s wild plans, you’re going to love this.
Here are the top 5 things you need to know about Musk’s vision and what it means for Tesla and the world.
Elon Musk is betting big on Tesla’s Optimus humanoid robots. He’s so confident that he says these robots could make Tesla worth $25 trillion someday. That’s more than half of the total value of the S&P 500! Musk believes these robots will be a game-changer, performing everything from factory work to everyday chores like cooking and cleaning. He’s even hinted that Optimus robots could be teaching kids in the future. Talk about ambitious!
Also read: Watch Tesla Optimus robot sorting batteries & strolling through factory
Musk revealed that Tesla plans to start using Optimus robots in its factories by next year. He’s expecting over 1,000 of these robots to be working in Tesla’s factories, helping with various tasks. Imagine walking into a Tesla factory and seeing robots doing a lot of the work. It’s like a scene straight out of a sci-fi movie. This is just the beginning, as Musk sees a future where robots will be manufacturing other robots.
According to Musk, the market demand for humanoid robots could reach 1 billion units per year. Tesla is aiming to capture about 10% of that market. If they manage to sell 100 million robots annually at around $20,000 each, that’s a trillion dollars in profit every year. Musk believes this will add a massive $20 trillion to $25 trillion to Tesla’s market cap. And get this, he predicts that the cost to make these robots will eventually be less than making a car, around $10,000 per unit.
One of the coolest things Musk mentioned is that Optimus robots will be priced between $20,000 and $30,000, making them relatively affordable for such advanced tech. By 2026, he also expects the software running these robots to be fully customizable. That means you could have a robot tailored to your specific needs, whether it’s for personal use at home or specialized tasks at work.
While robots are a huge part of Tesla’s future, Musk hasn’t forgotten about self-driving cars. He envisions a fleet of robotaxis that could operate like a mix of Airbnb and Uber. Owners could let their cars earn money while they sleep by picking up passengers. This self-driving fleet, expected to launch in 2027, could add another $5 trillion to Tesla’s valuation. It’s a long-term plan, but if anyone can pull it off, it’s probably Musk.
In a nutshell, Elon Musk’s vision for Tesla’s future with humanoid robots is nothing short of revolutionary. This means a future where robots could be as common as smartphones, transforming industries and daily life in ways we can only start to imagine. Keep an eye on Tesla, because the next few years are going to be exciting!
Also read: Elon Musk working on driverless Tesla, to invest $10 billion for AI development
