Elon Musk Says Optimus Robots Are Coming Your Way. That Has Tesla Stock on the Rise.

Core Insights - Tesla's CEO Elon Musk announced that the company's Optimus robots will be available to the public as early as 2027, with expectations to start selling humanoid robots by the end of next year [1][2] - The anticipated rollout of these robots has led to a nearly 4% increase in Tesla's stock price, reflecting investor optimism [2][5] - Currently, Optimus robots are performing simple tasks in Tesla's factories, with plans for them to take on more complex tasks by the end of this year [3] Company Developments - Musk indicated that by the end of 2024, Tesla aims to have "thousands" of Optimus robots operational in its factories [3] - The company is also progressing towards other performance milestones, including the widespread deployment of robotaxis in the U.S. by the end of this year, with potential approvals in Europe and China soon [4] Market Impact - The announcement regarding the Optimus robots is expected to generate excitement ahead of Tesla's fourth quarter earnings report, scheduled for release after the market closes next week [2] - Musk's comments have positively influenced Tesla's stock performance, indicating strong market interest in the company's future innovations [5]