• Elon Musk has shifted the focus of Tesla Inc. away from its automotive division, stating that he believes 80% of the company’s future value will come from the upcoming Optimus humanoid robot.
  • Despite the robots still being in development and not yet a source of revenue, this marks a significant pivot in Musk’s vision for Tesla’s growth.
  • The announcement highlights Musk’s ambition to redefine Tesla’s role in the tech landscape beyond electric vehicles.

Source: bloomberg.com