Elon Musk Says Optimus Is Tesla's Most Important Product. These 3 Suppliers Get Paid Before Tesla Does.
Some of the EV maker's technology partners will reap the rewards of Optimus production.
Elon Musk, the CEO of Tesla (TSLA), envisions the company's humanoid robot, Optimus, as its most significant product. This vision encompasses a wide range of applications, from factory work to household chores. However, achieving this goal will necessitate substantial investments in computing power, memory, and batteries. Tesla is actively pursuing commercial production of Optimus, and industry analysts like Cathie Wood at Ark Invest are optimistic about the potential of this product.
Several suppliers stand to gain financially from Tesla's pursuit of Optimus, even before the first robot is manufactured.
Among the most promising suppliers are Taiwan Semiconductor Manufacturing Company (TSMC), Micron Technology (MU), and Panasonic. TSMC, the world's largest chip manufacturer, is a key partner for Tesla, supplying advanced semiconductors. As Optimus requires powerful processors for interpreting visual information, making decisions, and controlling movements, TSMC's role in this venture could become increasingly valuable.
Micron Technology, known for its dynamic random-access memory (DRAM), high-bandwidth memory (HBM), and storage products, has reportedly provided Tesla with substantial memory allocations. With humanoid robots potentially requiring similar memory capacities, Micron's memory products could be essential to Optimus's functionality. Lastly, Panasonic, a long-standing Tesla battery supplier, could benefit from Optimus's need for rechargeable batteries.
Their experience in producing high-performance battery cells makes them a potential beneficiary of Tesla's robotics efforts.
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