3 October 2022 | Technology | CEOs

Tesla's robot waves its arms but can't walk yet

Tesla CEO Elon Musk presented a model of a humanoid robot called Optimus. Musk said the world's largest electric vehicle maker could produce millions of units and sell them for up to $20,000, which would be within a third of the cost of the electric vehicle itself.

Tesla plans to accept orders for the android robot in three to five years, as well as the excess of income from its release over income from the production of Tesla cars, Musk said.

The test robot, created in February, was presented to the public on Friday. The company presented a video showing the robot performing simple tasks, including watering flowers, lifting and transporting boxes, as well as metal beams and structures at the company's production facilities.

As Elon Musk stated, it will take a lot of work to improve the robot, and also added that he expects Optimus to be amazing in 5 or 10 years.

Tesla is unique in its advancement of the robot market opportunity for the mass market.

Elon Musk said the company is looking to find the fastest route to a useful robot that can be produced in large volumes.

Company MarketCheese
Period: 20.12.2024 Expectation: 2470 pips
GBPUSD is targeting 1.2300 level as selling pressure increases
Today at 08:20 AM 4
Alexandra_Belova
Alexandra_Belova

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
2nd in the segment "Currencies"
Period: 29.11.2024 Expectation: 800 pips
Silver buyers get ready to test 31.5 level
Yesterday at 11:27 AM 56
Gold sell
Period: 01.12.2024 Expectation: 8110 pips
Gold loses ground as demand for safe haven assets wanes
Yesterday at 10:04 AM 143
Elena_Dorokhina
Elena_Dorokhina

Listed among the best MarketCheese authors
1st in the segments "Currencies" and "Metals"
2nd in the segment "Oil and gas"
Period: 29.11.2024 Expectation: 700 pips
AUDCAD does not exit downward trend lines
22 November 2024 50
Period: 02.12.2024 Expectation: 560 pips
Brent oil on its way up after exiting bilateral pattern
22 November 2024 165
Alexandra_Belova
Alexandra_Belova

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
2nd in the segment "Currencies"
Period: 26.11.2024 Expectation: 2840 pips
Selling USDJPY with target at 152.00 influenced by BoJ policy
21 November 2024 100
Elena_Dorokhina
Elena_Dorokhina

Listed among the best MarketCheese authors
1st in the segments "Currencies" and "Metals"
2nd in the segment "Oil and gas"
Go to forecasts