Elon Musk Says His 'Running Robot' Will 'Actually Eliminate Poverty' As He Shares Video Of Tesla Optimus Jogging
TeslaTesla(US:TSLA) Yahoo Finance·2025-12-04 21:31

Group 1: Optimus Robot Development - Tesla's CEO Elon Musk shared a video of the Optimus humanoid robot running in a lab, marking a new milestone for the project [2] - Musk indicated that Optimus could significantly impact the global economy by reducing the need for human labor and potentially eliminating poverty [3] - The expected price for the Optimus robot is projected to be between $20,000 and $30,000 once mass production begins [4] Group 2: Leadership Changes and Project Progress - In September, there was a leadership change in Tesla's Optimus project, with Ashish Kumar leaving to join Meta Platforms, Inc. [5] - Tesla is preparing for mass production of the Optimus robot, although it is still in development [3] Group 3: Financial Performance - Tesla reported third-quarter revenue of $28.095 billion, which is a 12% increase from the previous year and exceeds the consensus estimate of $26.239 billion [6] - The company's stock shows positive trends in medium and long-term price performance, despite negative short-term momentum [6]