HomeAbout

TL;DR CNBC


Elon Musk claims Optimus robots could make Tesla a $25 trillion company — more than half the value of the S&P 500 today - TL;DR CNBC

Elon Musk claims Optimus robots could make Tesla a $25 trillion company — more than half the value of the S&P 500 today

Publishing timestamp: 2024-06-14 09:28:31


Summary

Elon Musk claims that Tesla's humanoid robots could potentially lift the company's market cap to $25 trillion in the future. Musk also discussed the potential of autonomous vehicles and the future of Tesla at the annual shareholder meeting. Despite ambitious promises, Tesla's stock has dropped this year due to sales decline and increased competition. Musk also mentioned advancements in silicon development surpassing Nvidia and discussed competition in the humanoid robot market.


Sentiment: MIXED

Tickers: AAPLNVDAMSFTTSLA

Keywords: autostesla incbusinessnvidia corptechnologymicrosoft corpbusiness newsmarketsbreaking news: marketsbreaking news: technologysocial mediaapple incelon musk

Source: https://www.cnbc.com/2024/06/13/elon-musk-says-optimus-robots-could-make-tesla-25-trillion-company-.html


Developed by Leo Phan