The CEO of Tesla, Elon Musk, said that although the company’s new humanoid robot prototype is still in the lab, it might be on sale by the end of next year.
Elon Musk, the CEO of Tesla (TSLA.O), stated on Tuesday that while the company’s new prototype humanoid robot is still in the lab, it might be available for sale by the end of next year.
A number of businesses have placed their bets on humanoid robots to fill in for possible labor shortages and handle boring or hazardous repetitive jobs in manufacturing, shipping, warehousing, and retail.
During a conference call with investors, Musk estimated that by the end of this year, the Tesla robot, known as Optimus, would be able to carry out jobs at the factory.
For a number of years, Boston Dynamics, Hyundai Motor, and Honda of Japan have been working on humanoid robot development.
This year, the German manufacturer BMW and the Microsoft- and Nvidia-backed firm Figure announced a deal to install humanoid robots at the carmaker’s US factory.
Robot sales could eventually account for a greater portion of Tesla’s revenue than other company sectors, like auto manufacturing, as billionaire Elon Musk has previously stated.
During the Tuesday call, Musk stated, “I think Tesla is best positioned of any humanoid robot maker to be able to reach volume production with efficient inference on the robot itself,” in reference to the AI capabilities.
Musk has a track record of betraying audacious pledges made to Wall Street. He assured investors in 2019 that by 2020, Tesla would run a network of self-driving “robotaxi” vehicles.
Known as Bumblebee, Tesla released the first iteration of its Optimus robot in September 2022. A video of the company’s second-generation bipedal robot folding a T-shirt at its facilities was uploaded this year.
While Boston Dynamics presented an electric platform for its Atlas humanoid robot last week, which was seen twisting and rotating from a lying-down condition to a standing and walking one, Figure released a video of its 01 robot in February that showed it preparing coffee.
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