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. Read more: https://indiaobservers.com/elon-musk-tesla-optimus-robot-pricing-profit-updates/ 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 pr...