Elon Musk Predicts Tesla’s Robot-Making Effort Could Dwarf Car Business

Elon Musk, the visionary CEO of Tesla Inc. and SpaceX, is once again making headlines with his ambitious plans for the future. After investors approved his massive compensation plan, Musk is now setting his sights on a new venture that he believes could revolutionize the robotics industry.

During Tesla’s annual meeting, Musk revealed that the company is working on humanoid robots, with prototypes already in production. The robot, named Optimus, is designed to assist with tasks such as assembling battery cells and could potentially be used in Tesla’s factories in the near future.

Musk boldly predicted that Tesla’s robot-making efforts could one day generate around $1 trillion in profit annually, leading to a market cap of $20 trillion for the company. This ambitious projection has sparked excitement among investors and industry experts, who are eager to see how Tesla’s foray into robotics will unfold.

While Musk’s track record for meeting his ambitious goals has been mixed, his determination and vision have earned him a reputation as a trailblazer in the tech world. With his latest project, Musk is once again pushing the boundaries of innovation and challenging the status quo.

As Tesla continues to expand its presence in the electric vehicle market, Musk remains focused on driving the company forward and revolutionizing the way we think about transportation and technology. With his eye on the future, Musk is poised to once again change the game and reshape the industry in ways we never thought possible.