Tesla Will Derive 80% of Its Value From Optimus Robot, Musk Says
A Tesla Optimus robot near a display of Tesla electric automobiles in Paris.
Photographer: Nathan Laine/BloombergElon Musk is deemphasizing Tesla Inc.’s car business like never before in favor of humanoid robots that are still in development and a ways off from generating revenue.
Tesla’s chief executive officer said Monday the company will derive about 80% of its value from Optimus, the robot initiative he first touted four years ago. Musk made the prediction shortly after Tesla published its latest “master plan,” an oft updated corporate manifesto that mentioned robots for the first time.