Tesla's Optimus Gen 2 Unveiled, Boosts Robot Stocks

Reported about 1 year ago

On July 4, 2024, Tesla unveiled its humanoid robot, Optimus Gen 2, at the 2024 World Artificial Intelligence Conference in Shanghai, causing a surge in robot concept stocks on the A-share market despite a 0.83% overall decline. The new Optimus model showcases advancements in human-like movements and capabilities, with improved walking speed and finger dexterity. Tesla plans to begin limited production of these robots in 2025, with ambitions to have over 1,000 Optimus units assisting in their factories, aiming to capture a significant portion of the estimated 10-20 billion future robot market, potentially generating billions in revenue for the company. Tesla CEO Elon Musk envisions a future where robots become an industrial mainstay, outnumbering humans in quantity.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis