Tesla's Humanoid Robot, Optimus to Hit Market by 2025 - Elon Musk

Tesla CEO Elon Musk, says that the company's humanoid robot, Optimus, could hit the market as early as the end of next year, although it is still in the developmental phase. 

During an investor conference call, Musk mentioned that Optimus, Tesla's humanoid robot, might be capable of performing factory tasks by the end of 2024. 

The concept of humanoid robots has gained traction across industries such as logistics, warehousing, retail, and manufacturing, with companies exploring their potential to address labour shortages and handle repetitive or hazardous tasks. 

Other companies, including Honda and Hyundai Motor's Boston Dynamics, have been developing humanoid robots for years.

Additionally, Microsoft and Nvidia-backed startup Figure recently announced a partnership with BMW to deploy humanoid robots in the automaker's U.S. facility. 

Musk has expressed optimism about the potential of robot sales becoming a significant part of Tesla's business, surpassing even car manufacturing.

He highlighted Tesla's advantageous position in achieving volume production efficiently, thanks to the robot's artificial intelligence capabilities. 

While Musk's projections are ambitious, he has a track record of not always meeting his bold promises to investors. For instance, in 2019, he predicted that Tesla would operate a network of autonomous "robotaxi" cars by 2020. 

Tesla introduced the first generation of its humanoid robot, Bumblebee, in September 2022. 

This year, the company showcased a video of the second generation of the robot folding a T-shirt at its facility. 

Similarly, Figure released a video in February demonstrating its 01 robots making coffee, while Boston Dynamics recently unveiled an electric platform for its Atlas humanoid robot, showcasing its capabilities to transition from a lying down position to standing and walking.