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: AAPL, NVDA, MSFT, TSLA,
Keywords: autos, tesla inc, business, nvidia corp, technology, microsoft corp, business news, markets, breaking news: markets, breaking news: technology, social media, apple inc, elon musk,