5 Articles
5 Articles

Tesla's founder, Elon Musk, is convinced that 80% of Tesla's profits in just five years will concentrate on the humanoid robot business, centered on the Optimus robot. Tesla's executive director acknowledged that the company will get about "80 percent of its value from Optimus," the robotics initiative that he first promoted four years ago. Musk made this prediction shortly after Tesla published his latest "master plan," a frequently updated cor…
Tesla will derive 80% of its value from Optimus Robot, Musk says
(Bloomberg/Craig Trudell) — Elon Musk is deemphasizing Tesla Inc.’s car business like never before in favor of humanoid robots that are still in development and a ways off from generating revenue. Tesla’s chief executive officer said Monday the company will derive about 80% of its value from Optimus, the robot initiative he first touted four years ago. Musk made the prediction shortly after Tesla published its latest “master plan,” an oft update…
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