Musk looks past Tesla sales slump, says 80% of value will come from Optimus
Summary
Elon Musk says Optimus robots could eventually represent about 80% of Tesla’s value. He uses that vision to shift attention away from Tesla’s recent EV sales slump and toward robotaxis and humanoid robotics. Tesla is still early in both markets and faces strong competition from Waymo, Baidu, Unitree, Boston Dynamics, Agility Robotics, Apptronik, 1X, and Figure. The company says it plans to build 5,000 Optimus robots this year and expand pilot production in 2025, but it recently lost the executive who led the division.
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industries
Manufacturing Industry
applications
Accounting and Taxes
AskAI Classifications
Labels
Robotics Software
Industrial Automation Software
Fleet Management Software
Linked Companies
Boston Dynamics
$50M to $100M
Baidu
$1B+
Agility Robotics, Inc.
$1M to $5M
Unitree Robotics
$10M to $25M