ET 06:26

Elon Musk Announces Optimus Robot Rollout at Davos, Eyes 2027 Launch

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Tesla CEO Elon Musk announced plans to begin selling its Optimus humanoid robots as early as the end of next year during a speech at the World Economic Forum. The rollout, which Musk framed as a step toward widespread automation and abundance, comes amid growing competition from Chinese electric vehicle (EV) manufacturers. Musk also forecast that Tesla's Robotaxi service would be available across the U.S. by year-end, reinforcing the company's push into AI-driven mobility solutions. However, analysts note that Musk's track record with timelines raises skepticism about whether these ambitious goals will be met. The announcements come as Tesla faces mounting pressure from China's EV industry, which has surged in recent years, challenging Western automakers. Investors are closely watching whether Musk can deliver on his promises, particularly as he prepares for upcoming quarterly earnings reports. Musk's Davos appearance served as a platform to promote Tesla's vision of advanced robotics and autonomous driving, though skeptics question if the company can monetize these technologies effectively.

EditorTan Wei Jie