According to Tesla CEO Elon Musk, US-based electric-car maker intends to launch humanoid robots for internal company use in the coming year, with the goal of expanding production by 2026. In his latest post on X, Musk mentioned that the robots will initially be produced in limited quantities at Tesla’s factories, with the hope of scaling up production for other companies in two years.
Humanoid robots are designed to mimic the appearance and behavior of humans, replicating facial expressions and gestures.
With a valuation of $1.8 billion in 2023, the worldwide market for humanoid robots is anticipated to exceed $13 billion within the next five years.
The declaration follows the CEO’s statement in April that the Tesla robot Optimus would have the capability to carry out factory duties by the conclusion of this year and might be prepared for purchase by the conclusion of 2025.
In 2021, Tesla initially announced its intention to develop humanoid robots during an AI Day event. Fast forward a year, the company introduced Optimus, also known as Bumblebee, revealing that it is projected to be priced lower than a Tesla vehicle and will be produced in significant quantities.
Musk stated that numerous robots preceding the Tesla bot lacked the necessary intelligence to function independently, emphasizing the importance of having a “brain.” He highlighted that Optimus, on the other hand, will be a highly capable robot offered at an affordable price point of under $20,000.
Number of corporations, such as Honda from Japan and Boston Dynamics from Hyundai Motor, are investing in humanoid robots to address possible labor shortages in specific sectors by carrying out monotonous or hazardous tasks.
Musk has previously stated that sales of robots could potentially make up a greater portion of Tesla’s business compared to its other divisions, such as car production.