Tesla Highlights Ambitious Plans for Optimus Humanoid Robots at Annual Meeting

During Tesla's annual meeting, CEO Elon Musk highlighted ambitious plans for the company, predicting a potential $30 trillion market cap and a significant future market for humanoid robots. Tesla's Optimus robots, which are designed to perform factory tasks, have already been deployed and are working autonomously in Tesla's factories. Musk envisions a future where there will be at least one humanoid robot per person, estimating a trillion-dollar profit if Tesla captures a 10% market share. The company faces competition from other automakers and robotics firms. Tesla plans to ramp up production and potentially start selling Optimus robots by the end of 2025, with an expected price point of around $20,000.