Elon Musk, the CEO of Tesla, said that the business would be valued at $30 trillion by the year 2030 due to advances in robots and artificial intelligence. He stated Tesla could produce 100 million Optimus humanoid robots each year to assist people.
Elon Musk predicted at the Tesla Annual Meeting 2024 that, given the continuous advancements in robots and artificial intelligence, the EV manufacturing firm may one day be valued at as much as $30 trillion. The wealthy internet entrepreneur said that Tesla could produce 100 million Optimus robots annually, with a price tag of between $10,000 and $20,000. Elon Musk said that these robots may operate in industries and as babysitters. Elon Musk’s $56 billion compensation plan (now estimated to be worth around $44.9 billion) was adopted by Tesla shareholders at the 2024 Annual Meeting. The development of Optimus robots and their ability to do jobs accurately and kindly were previously disclosed by the CEO of Tesla. Elon Musk also discussed Tesla Robotaxi in detail, comparing it to a hybrid of Uber and Airbnb. Voters approve Elon Musk’s USD 56 billion pay package. Tesla stockholders approve the tech billionaire’s pay package.