Elon Musk claims Optimus robots could make Tesla a $25 trillion company — more than half the value of the S&P 500 today
The S&P 500's total value currently stands at $45.5 trillion, according to FactSet. On Thursday, Tesla CEO Elon Musk claimed that his company’s Optimus humanoid robots could eventually push Tesla's worth to more than half of that amount.At the 2024 annual shareholder meeting in Austin, Texas, Musk described himself as “pathologically optimistic” and said Tesla is not only beginning a “new chapter” but is about to write an entirely “new book.” The Optimus robots appear to be central to this vision.Tesla first announced its humanoid robot plans in 2021 during an AI Day ev