On the Dash:
- Elon Musk predicts that Optimus humanoid robots will eventually make up over 75% of Tesla’s value, with the company’s long-term growth tied heavily to AI and robotics.
- Optimus is still in development, undergoing internal testing, and industry analysts remain skeptical about Musk’s $25 trillion valuation claims.
- Tesla’s core automotive business faces challenges, including global sales slowdowns, increased competition from Chinese EV makers, an aging vehicle lineup, and leadership departures in the Optimus program.
Tesla CEO Elon Musk predicts that Optimus, a humanoid robot, will make up more than three-quarters of Tesla’s overall value. On Monday, Tesla released its Master Plan Part IV, a document outlining the company’s future ambitions and goals to develop tools that “advance human prosperity.”
“80% of Tesla’s value will be Optimus,” Musk wrote in a post on X shortly after the plan was published.
Optimus, which has not yet reached the consumer market, is designed to automate tasks or jobs that are monotonous or dangerous for humans. It was first unveiled in 2021 at Tesla’s AI Day and the robot has since progressed to internal testing with multiple prototypes at Tesla facilities.
In 2024, Musk projected that Optimus would transform Tesla into a $25 trillion company, a staggering figure worth more than half of the S&P 500 market value at the time. While Tesla has demonstrated technical progress with the robot, industry analysts and investors remain skeptical about the feasibility of Musk’s claims.
Despite Musk’s ambitious vision, Tesla’s primary revenue driver—the automotive business—is struggling. The company is experiencing a global sales slowdown amid cutthroat competition from lower-cost Chinese EV makers, an aging lineup and Musk’s controversial political activity in the U.S. and Europe, creating an uncertain outlook.
Adding to the company’s challenges, Milan Kovac, the vice president of the Optimus humanoid robot program, resigned in June after nearly a decade of service.
