Tesla (TSLA, Financial) saw its stock climb over 4% and re-enter the trillion-dollar market cap club. CEO Elon Musk announced improvements in the design of the Optimus robot to address key production bottlenecks. Musk is highly confident in Optimus, predicting it will become one of the most popular innovative products due to its exceptional performance.
During the recent "We, Robot" event in Los Angeles, Musk revealed the estimated price range for Optimus, set between $20,000 and $30,000, further fueling market anticipation. He emphasized that the robot will be a valuable companion in everyday life, capable of tasks like walking pets, watching over children, and serving drinks at social gatherings.
Optimus is already being integrated into factory operations, and its capabilities are rapidly expanding.