Source: Wall Street View, author: Zhao Yuhe.
At the shareholder meeting held last month, Musk said he believes Optimus will bring huge profits to the company. He said Tesla has the ability to produce approximately 100 million Optimus robots per year, and if Tesla has a 10% market share and each robot sells for $20,000, Tesla can make $1 trillion in profits per year when it is in large-scale production.
Tesla officially announced through Weibo on Wednesday night that its second-generation humanoid robot Optimus will make its debut at the 2024 World Artificial Intelligence Conference in Shanghai from July 4th to 7th and witness the further evolution of humanoid robots.
Although Cybertruck is not new to China, it has been touring the country since early this year. Tesla will showcase its second-generation Optimus humanoid robot at its booth, which is expected to attract more visitors.
It is reported that the second-generation Optimus, released in December last year, has made significant progress in mobility and functionality. It is equipped with Tesla's own-designed actuators and sensors, including a neck with a 2-degree-of-freedom (2-DoF) drive, and its walking speed is 30% faster than its predecessor.
Although Tesla began developing Optimus just over two years ago, the company has already begun integrating humanoid robots into its manufacturing process. Last month, Tesla announced the deployment and integration of two Optimus robots in one of its factories.
The news boosted Tesla's US stocks, which continued their six-day rally on Wednesday, with the highest intraday gain approaching 7.5% and closing up 6.54% at $246.39. Tesla has risen for seven consecutive trading days and has risen more than 38% in the past month.
At the shareholder meeting held last month, Musk said he believed Optimus would bring huge profits to the company. He said the valuation of Optimus may be overlooked because Tesla has the ability to produce about 100 million Optimus robots per year. Musk said Optimus would be priced lower than cars, and if Tesla had a 10% market share and each robot sold for $20,000, Tesla could earn $1 trillion in profits annually when mass-producing.
Two Optimus robots are already in use at the Fremont factory, and starting next year, Tesla will have over 1,000 or several thousand Optimus robots working at their factories. Based on these indicators, Musk said that Tesla could become a company worth ten times more than the current most valuable companies. Currently, Apple and Microsoft have a market cap of about $3.3 trillion, which means Musk hinted that Tesla's future value could exceed $33 trillion.
He said that in the future "almost everyone" will have robots that can do household chores such as taking care of children and working in factories. "I think the ratio of robots to people will probably be at least two to one...one to one is certain," he said.
On Tuesday, Musk went even further, saying that once Tesla fully solved the self-driving problem and mass-produced the Optimus robot, anyone still holding short positions would be eliminated, even Bill Gates.
In addition, Morgan Stanley said in a recent report that the robotics industry is undergoing a major transformation and that it is expected that 8 million humanoid robots will be created by 2040, and Tesla will drive and benefit from this transformation.
Morgan Stanley pointed out that this shift to robots is faster than the adoption of self-driving cars, and is expected to see larger capital inflows into the development of humanoid robots. "We believe the opportunity for humanoid robots is bigger, the adoption rate is faster and we will see larger amounts of capital being put behind it than autonomous driving. Tesla is at the center of this theme," Morgan Stanley said in its report.
Based on the global labor market of $30 trillion, Morgan Stanley's model predicts that humanoid robots will reach 8 million units by 2040 (with a wage impact of $357 billion) and 63 million units by 2050 ($3 trillion wage impact). Morgan Stanley said the staggering numbers will have a significant impact on global wage levels.
Editor/Lambor