Tesla's Vision for a Robotic Future: Optimus Robots and Trillion-Dollar Profits

 During the Annual Shareholders Meeting, Tesla CEO Elon Musk unveiled his ambitious vision for the company's Optimus humanoid robots. Musk expressed his belief that everyone will eventually want one of these versatile robots, which he foresees being used extensively across various industries to manufacture products.

Tesla aims to produce an astounding one billion robots per year, targeting at least a 10 percent share of the global market. To achieve this goal, Musk provided insight into the company's strategy. He revealed that the estimated cost of producing each robot could be around $10,000. If Tesla sells each robot at $20,000, it could potentially earn a trillion dollars in annual profit.

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Musk elaborated on this during his speech: “Let’s say the production rate is probably something like a billion humanoid robots a year. If Tesla captures 10 percent of that market, it could mean producing around 100 million Optimus units annually. For comparison, the auto industry produces roughly 100 million vehicles per year, so it’s a similar scale.” He added, “We could make one for maybe $10,000 at really high scale. It’s smaller and would be less expensive than a car. If we sold it for $20,000 at large-scale volume, Tesla would essentially make about a trillion dollars in profit each year.”

Musk's vision extends to a future where humanoid robots outnumber humans, predicting a ratio of at least 2 to 1. This could translate to an estimated 10 to 30 billion robots worldwide, revolutionizing industries and everyday life.

In a significant win for Musk, Tesla shareholders approved his record pay package during the meeting. Despite institutional investors being divided, Musk managed to secure majority support, largely thanks to strong backing from retail investors. This support is also evident on social media, where Musk actively engages with his followers.

However, Musk's journey is not without challenges. He continues to face legal scrutiny in Delaware, where a judge recently criticized the independence of Tesla's board. Despite these hurdles, Musk's vision for a robotic future remains bold and unwavering.