Key Points
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Tesla is developing AI-controlled humanoid robots named Optimus, set for public release by the end of 2027, according to CEO Elon Musk.
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The anticipated price for these robots is between $20,000 and $30,000.
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Morgan Stanley estimates the global humanoid robot market could reach $5 trillion by 2050, with over 1 billion robots in use.
Tesla’s Optimus robots will feature human-like capabilities, designed to perform tasks that are boring or dangerous for humans. Major companies like Hyundai and Amazon are also investing in humanoid robotics, indicating a growing interest in the technology. For context, Amazon has deployed over 1 million self-driving robots in its warehouses.
Elon Musk envisions a future where one humanoid robot could be available for every person on the planet. This ambitious outlook could bolster investment interest in Tesla, especially as the company makes developmental progress leading up to 2026.
