Tesla CEO Elon Musk Eyes $25 Trillion Market Cap With Optimus Bot, Admits To Being 'Pathologically Optimistic'
Portfolio Pulse from Anan Ashraf
Tesla CEO Elon Musk announced ambitious plans for the Optimus humanoid robot, predicting a significant market share and potential $25 trillion market cap. Tesla aims to start limited production by early next year and deploy thousands of bots in its factories by 2025. Musk's optimistic projections include selling each bot for $10,000 to $20,000.
June 14, 2024 | 8:40 am
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Tesla's CEO Elon Musk announced plans for the Optimus humanoid robot, predicting a significant market share and a potential $25 trillion market cap. Limited production is expected to start by early next year, with external sales by 2025.
Musk's announcement of the Optimus robot and its potential market impact is likely to boost investor confidence in Tesla's future growth prospects, leading to a positive short-term impact on TSLA stock.
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