Tesla CEO Elon Musk Eyes $25 Trillion Market Cap With Optimus Bot, Admits To Being 'Pathologically Optimistic'

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Tesla CEO Elon Musk Eyes $25 Trillion Market Cap With Optimus Bot, Admits To Being 'Pathologically Optimistic' - Benzinga

Quick Summary:

Following a major hardware revision by the end of this year or early next year, Tesla expects to commence limited production of the Optimus to work in its factories and test its capabilities, Musk said at Tesla’s annual shareholder meeting on Thursday.

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk said on Thursday that there will be at least one humanoid robot for every person in the world in the future and the EV company will have a significant share of that market.

What Happened: Optimus is a humanoid robot designed and manufactured by Tesla, among its several non-EV tech initiatives.