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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.

Tesla to be worth around US$8tril after Optimus robots launch, says Errol Musk

Tesla founder Elon Musk's father, Errol Musk, predicts the company's valuation could reach an estimated US$8 trillion after the launch of Optimus robots, according to RIA Novosti. Currently, Tesla's market capitalization stands at around US$1.23 trillion. Errol Musk emphasized that Tesla is shifting its focus towards Optimus robots and other innovative developments, moving away from automotive production.

The South African businessman stated that Tesla's humanoid Optimus robots, designed to handle complex tasks and operate beyond industrial environments, are expected to be available by the end of 2027.

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