“Tesla will have genuinely useful humanoid robots in low production for Tesla internal use next year and, hopefully, high production for other companies in 2026,” Tesla CEO Elon Musk recently stated in a post on social media platform X.
Earlier this year, Musk said that the humanoid robots would roll out by the end of 2024. In April, the CEO stated that the Tesla robot, Optimus, will be able to perform tasks in factory by the end of 2024 and could be ready for sale as soon as late 2025. Musk previously said that Tesla aimed for the robots to be mass-produced and cost less than $20,000 each.
In 2019, he said he felt “very confident” that Tesla would have self-driving taxis on the road by 2020. Earlier this year, however, he stated that the long-awaited robotaxi would be unveiled on August 8.
Musk’s announcement came a day before Tesla was due to release its latest financial results. The company’s shares ended Monday’s trading session up by over 5 percent.
Optimus folds a shirt pic.twitter.com/3F5o3jVLq1
— Elon Musk (@elonmusk) January 15, 2024
In September 2022, Tesla launched its first humanoid Optimus robot named Bumblebee. This year, the company showcased the second-generation robot performing everyday tasks in a social media post.
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In recent months, Musk shifted his focus away from electric vehicles (EVs), which contribute over 80 percent of Tesla’s quarterly revenue, to artificial intelligence, autonomous driving software, robotaxis, and the Optimus robot amid a decline in EV demand.
Tesla is set to report its second-quarter results on Tuesday. Wall Street is expecting the company’s margins to hit over a five-year low. However, the focus will also be on Musk’s ambitious plans for robotaxis and AI products.
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