Tesla Will Derive 80% of Its Value From Optimus Robot, Musk Says

Elon Musk, the CEO of Tesla, has stated that the company's humanoid robot, Optimus, will account for 80% of the company's future value. This represents a significant shift in focus from Tesla's core electric vehicle business. The Optimus robot is still in the development stage and is not expected to generate revenue anytime soon. Musk believes that the potential of the humanoid robot technology is far greater than the current automotive business. The announcement comes as Tesla faces challenges in its car production and delivery, with recent reports of production cuts and delivery delays. Musk's emphasis on the Optimus robot suggests that he sees the long-term potential of the technology as a more significant driver of the company's future growth. While the Optimus robot represents an intriguing technological development, it remains to be seen whether it can live up to Musk's lofty expectations and become the primary source of value for Tesla in the years to come.