Beautiful Virgin Islands

Tuesday, Jun 24, 2025

Elon Musk reveals Tesla’s top priority, and it is not cars

Elon Musk reveals Tesla’s top priority, and it is not cars

The high-tech company is seeking to develop a humanoid robot prototype within the year 2022
Speaking during an earnings call on Wednesday, Tesla’s co-founder and CEO, Elon Musk, announced that the company is prioritizing the development of its humanoid robot — tentatively dubbed ‘Optimus’ – in 2022. He described the project as “very important.”

First unveiled in August last year, the 5-foot-8-inch, 125-pound machine, that also goes under the name Tesla Bot, is based on the same artificial intelligence technology that is used in Tesla’s driver-assistance software. Its intended uses would include performing dangerous, repetitive, physical tasks in place of humans.

So important is the project in Elon Musk’s eyes that it could have the “potential to be more significant than the vehicle business over time.” During initial trials, the machine will likely be put to good use at Tesla’s own plants, “moving parts around the factory or something like that,” Tesla’s CEO explained on Wednesday.

A prototype can be expected as soon as this year.

The introduction of this kind of robot could have a profound impact on the global economy, Musk argued. According to the entrepreneur, machines could eventually eliminate labor shortages.

Meanwhile, Tesla’s much-awaited Cybertruck is having to take a back seat, with the production date being further postponed until 2023. On top of that, Tesla is not going to introduce any “new vehicle models this year,” as that would not make “any sense because we’ll still be parts constrained,” Musk said.

The announcement comes at a time when competition in the electric vehicle market is tightening, with the likes of Ford Motor Co and Rivian Automotive having already launched electric pickup trucks of their own.

However, judging by its quarterly profits, Tesla is doing just fine so far, chalking up a record-breaking net income of $2.88 billion in the last three months of 2021.
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Airlines Evaluate Flight Cancellations Amid Escalating US-Iran Tensions
Starmer Invites Innovators to Join Government Talent Scheme
UK Economy’s Strong Opening Quarter Shows Signs of Cooling
Harrods Seeks Court Order to Secure Al Fayed Estate for Victims
BA and Singapore Airlines Cancel Dubai Flights Amid Middle East Tensions
Trump Faces Backlash from MAGA Base Over Iran Strikes
Meta Bets $14 B on Alexandr Wang to Drive AI Ambitions
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
FedEx Founder Fred Smith, ‘Heart and Soul’ of the Company, Dies at 80
Chinese Factories Shift Away from U.S. Amid Trump‑Era Tariffs
Pimco Seizes Opportunity in Japan’s Dislocated Bond Market
Labubu Doll Drives Pop Mart to Status as China’s Most Valuable Toy Maker
Global Coal Demand Defies Paris Accord Goals
We have new information and breaking details to share about what is shaping up to be a historic air campaign tonight
Six Massive Bombs Dropped on Fordow; Trump: 'A Historic Moment for the U.S., Israel, and the World'
Fordow: Deeply Buried Iranian Enrichment Site in U.S.–Israel Crosshairs
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Pakistan to nominate Trump for Nobel Peace Prize.
BBC Demands Perplexity AI Immediately Stop Using Its Content
Telegram Founder: I Will Leave My Fortune to Over 100 of My Children
Political Turmoil Resurfaces in Belgium Amid Economic Concerns
Fed policymakers divided on timing of interest rate cuts
Trump signals imminent agreement with Harvard University
Inheritance tax referendum alarms Swiss billionaire community
Japan cancels bilateral security meeting amid US defence demands
AI skeptic Emily Bender warns that ‘the emperor has no clothes’
Israel Confirms Assassination of Quds Force Commander in Tehran
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
FBI and Senate Investigate Allegations of Chinese Plot to Influence the 2020 Election in Biden’s Favor Using Fake U.S. Driver’s Licenses
Vietnam Emerges as Luxury Yacht Destination for Ultra‑Rich
Plans to Sell Dutch Embassy in Bangkok Face Local Opposition
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump's $5 Million 'Trump Card' Visa Program Draws Nearly 70,000 Applicants
DGCA Finds No Major Safety Concerns in Air India's Boeing 787 Fleet
Airlines Reroute Flights Amid Expanding Middle East Conflict Zones
Elon Musk's xAI Seeks $9.3 Billion in Funding Amid AI Expansion
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Taiwan Imposes Export Ban on Chips to Huawei and SMIC
Israel has just announced plans to strike Tehran again, and in response, Trump has urged people to evacuate
Netanyahu Signals Potential Regime Change in Iran
Juncker Criticizes EU Inaction on Trump Tariffs
EU Proposes Ban on New Russian Gas Contracts
Analysts Warn Iran May Resort to Unconventional Warfare
Iranian Regime Faces Existential Threat Amid Conflict
×