Musk: ~80% of Tesla [future] value will be Optimus Robots

[Zoidz]

Lest anyone question why I posted this, I'll remind you that this forum is "Rivian vs. Competitors"

Full Article - Axios

"Elon Musk says Tesla will eventually derive 80% of its value from Optimus humanoid robots, another sign that he's moving past the electric car business.

Why it matters: Tesla's vehicle deliveries have been falling worldwide, but Musk has been pointing investors to the company's shift to AI and automation, including humanoids and self-driving taxis.

What they're saying: Master Plan Part 4 is "nothing more than a smorgasbord of AI promises about its humanoid robot, which can't even serve popcorn," wrote Fred Lambert, editor-in-chief of Electrek, a popular EV website.

"Tesla is lost as a company," he wrote. "This is a bunch of utopic nonsense, complete with AI 'abundance' buzzwords that Grok could have easily written," a reference to Musk's AI chatbot.

The intrigue: Not everyone's so negative on Tesla's roadmap. Musk's prediction came a few days after longtime Tesla bulls at Ark Invest said the robotaxi business alone could represent 90% of Tesla's enterprise value by 2029."

Sponsored

 

[CharonPDX]

So he's saying the value of Tesla from its cars will drop 99% from its peak. Got it.

(Because no way Optimus will ever be worth even 1% of what their value in cars was at its peak a couple years ago.)

 

[Great Gatsby]

I hope that the car arm branches out then. If Elon is so obsessed with anything but, he should focus on that and let the Tesla employees who want to build vehicles do that. I cannot believe they keep him around as CEO. What a odd choice to be a leader in a space and then lose interest.

 

[Budman]

Robots are very useful and have been in use for decades. Humanoid robots are a parlor trick with little practical application.

 

[Riviot]

 

[UnsungZero_OldTimeAdMan]

 

[COdogman]

Tesla's Robots Were Just Remotely Controlled Dummies, Analyst Confirms
https://futurism.com/the-byte/tesla-robots-remotely-controlled-analyst

 

[Zoidz]

Humanoid robots are a parlor trick with little practical application.

I mostly agree with you, but that is changing. Whether it happens practically, effectively, and quickly enough for Tesla to be relevant remains to be seen. There are many more competitors in the space.

The most likely use cases in the short term are converting existing repetitive factory and hospital "pick and place" jobs done by humans to specialized humanoid robots, and home health care "assistants". Although, I think a robodog form factor might be just as applicable to home health care.

Humanoid Robots at BMW demo video and home assistant video. Both certainly need refining but illustrate the concept.

 

[Donald Stanfield]

Tesla's business decisions regarding its vehicles indeed appear to be from a company that doesn't care about them. It's a big gamble to make those robots, and if I were Tesla, I'd be running my auto division properly until my robot game was self-sustaining. Letting your auto business go to shit through a series of bad decisions and putting your future success on AI and Robots seems like a stupid move to me.

 

[NY_Rob]

Humanoid robots are a parlor trick with little practical application.

I'd find a "practical application" for them if they looked like Alicia Vikander

 

[sacramentoelectric]

I'd find a "practical application" for them if they looked like Alicia Vikander

 

[UnsungZero_OldTimeAdMan]

I'd find a "practical application" for them if they looked like Alicia Vikander

And TIL @COdogman has a wee thing for Scarlett Johansson

 

[COdogman]

And TIL @COdogman has a wee thing for Scarlett Johansson

She probably* wants a robot version of me too

 

[lefkonj]

Musk really needs to go he is not a leader anymore just a buzz word machine. The company would be so much better off without him as CEO or on the board.

 

[Budman]

And TIL @COdogman has a wee thing for Scarlett Johansson

My thing for Scarlett Johansson has surpassed wee by a wee bit.

Sponsored