Tesla to be worth around US$8tril after Optimus robots launch, says Errol Musk
Elon Musk's father, Errol, says automotive production is currently taking a back seat as the company prioritises robots.
According to Errol Musk, Tesla's market value could soar to around US$8 trillion once the company launches its Optimus robots. Currently, Tesla's market capitalization stands at approximately US$1.23 trillion. Musk emphasized that Tesla's focus is shifting from automotive production to the development of Optimus robots and other innovations.
The South African businessman confirmed that Tesla plans to sell its humanoid Optimus robots by the end of 2027. These general-purpose humanoid robots are designed to handle unsafe, repetitive, and monotonous tasks beyond industrial environments. Tesla debuted a prototype of Optimus in 2022.
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- Tesla to be worth around US$8tril after Optimus robots launch, says Errol Musk freemalaysiatoday.com
