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via finance.yahoo.comBusiness & Companies

Musk: Optimus will be 'the biggest product on earth', but ramp-up takes a year

FROM THE WIRE · FINANCE.YAHOO.COM

Tesla (TSLA) CEO Elon Musk, during the company's third quarter earnings call, discussed the production of its Optimus humanoid robot and reaching full scale will take time, but expects to reach an annualized rate of 20,000 units per week in at least a year and be "the biggest…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralOptimus timing matters for expectations on Tesla shares.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01On the third-quarter earnings call, Musk discussed production of the Optimus humanoid robot.
  2. 02Musk expects an annualized rate of 20,000 units per week in at least a year.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Tesla, Inc.TSLAStock386.47 USDMarket closedtoday +3.41%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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