our next Generation has 22 degrees of freedom um it will be able to play the piano so it's it's really like wow as expected Optimus robot will be developed to gen 3 with many unbelievable improvements Elon Musk likened it to become C3PO robot in Star Wars in the real world but this is not the biggest surprise that musk just talked about Tesla's humanoid robot in the 2024 annual stockholder meeting what shocked the whole industry is that Tesla can produce this Rob bot for only $10,000 and there will be thousands of optimists working in the factory by 2025 crazy numbers it selling price was also confirmed once again through musk it cost like you know 10 or $20,000 so how can Tesla do this and what did Elon Musk say about the robot development plan when can we buy one all will be revealed right now honestly speaking after the Tesla 2024 annual stockholder meeting the news developed Vel Ms and Promises from Elon Musk could easily be made into a movie with multiple Parts but throughout this film Optimus would undoubtedly be the main character it's unbelievable that Elon Musk declared recently that the humanoid robot Optimus could potentially make Tesla worth $25 trillion which is more than half the value of the entire current s and p500 list of companies according to faet the combined value of s and p500 companies is currently at $ 45.5 trillion USD also at the Tesla 2024 shareholders meeting it was mentioned that Tesla is not only embarking on a new chapter in its life but is also poised to write an entirely new book in which Optimus appears to be the focal point of the entire story so what did Elon Musk reveal about the plans for Optimus it's fascinating to hear Elon discuss the potential with humanoid robots in the same way he talked about the development of Tesla electric vehicles back in 2008 and 2007 with Limitless potential the first surprise that Tesla's CEO mentioned about Optimus is that it can be customized to understand humans to understand its owner specifically during the stockholder meeting a shareholder asked Elon Musk if Optimus would have a personality that users could set up or what language model Tesla would use for its robot we all know that the head of Optimus doesn't have much technology inside it mainly a 2d camera at the moment but that's not the final destination in the next upgrades there will likely be more interesting things like display screens and voices musk noted that this will actually happen when he said yeah you'll be able to customize the personality customize the voice um and and really kind of the robot will kind of get to know you as well and know your preferences you won't even have to say things because it'll just kind of understand you as musk said this means that we could completely build an Optimus based on our own personality traits habits and behaviors even the owners of these robots could customize their voices such as choosing between male or female local accents or even the communication speed of these humanoid robots depending on the established language although we have imagined how intelligent Optimus would be due to its Advanced AI technology and endtoend neural network we were still quite surprised by what Elon Musk shared in other humanoid robots like we often see when we first bring it home it takes us months even years to get it used to the job but with Optimus or rather according to musk Tesla bot users do not need to give detailed instructions to this humanoid robot because it will automatically understand and react according to the users context and habits optimists can make predictions or actions based on the understanding accumul ated through a short period of interaction for example you just need to rub your belly and it knows you're hungry making a sandwich is not too difficult with its 22 degrees of freedom hand humans have 27° or you just need to frown and point at the grass Garden Optimus can cut them immediately this is what Elon Musk is trying to say to confirm that this robot's learning ability is amazing Optimus currently needs training but in the next few years it won't require extensive training Beyond watching videos or observing others perform a task generally training will be quite generalized and by 2026 you'll be able to ask it to perform various tasks including ones it hasn't done before musk said why is Optimus the best humanoid robot in the world have you watched Star Wars while not disclosing exactly what Optimus can currently do Elon Musk has predicted that someday robots will operate like the characters R2D2 and C3PO in Star Wars Optimus could become something everyone desires to have but a C3PO plus R2-D2 plus you know plus plus um it would be pretty awesome I I think I think everyone in the world is going to want one also at the stockholder meeting not only did Elon Musk confirm that Optimus could be customized according to user preferences but he also revealed some significant improvements for Optimus for instance the upcoming update will provide the humanoid robot with 22 degrees of freedom in its hands which is not entirely new as musk had mentioned this before however this time musk emphasized the Marvel of this upgrade by stating that Optimus could play the piano with such hands our next Generation that Elon Musk is referring to could be the Optimus gen 3 we often refer to a final version of this robot don't underestimate their hands 22 degrees of freedom will enable them to perform at least 70 tasks compared to the human hands capability of 100 tasks with 27 degrees of freedom many experts agree that optimus's hands represent the most advanced technology on the market when compared to other humanoid robot manufacturers why is Optimus robot a massive profit generator we all know that the demand for these humanoid robots will be infinite in the next decade as everyone would like to have their own homaker it's no coincidence that musk is focusing on these robots instead of concentrating on electric vehic Vehicles perhaps the most shocking thing in the entire robotics industry is Elon Musk saying that Tesla could produce large scale Optimus robots for $10,000 and sell them for $20,000 each you also need to be very good at scale manufacturing so in order to have the robot not cost like hundreds of thousands of dollars in order to make it cost like you know 10 or $20,000 yes Tesla could absolutely produce them for just $10,000 when the company reaches a mass production line along with a giant Factory to produce these humanoid robots separately of course initially this is not possible and the price of $20,000 per Optimus is not a real word from musk we have to admit this it will definitely be cheaper than others on the market but not next year $20,000 is the price of 2028 or 2030 we believe so because musk recently confirmed that the company will lease this technology before starting sales meaning it is is very difficult to buy it so leasing seems more reasonable by 2028 and Beyond Tesla could potentially earn hundreds of billions of dollars in profit annually from Optimus alone this valuation is staggering based solely on Optimus these robots will scale production rapidly once manufactured in large quantities in smaller numbers they appear more complex and costly compared to a Tesla EV although Elon Musk did not mention the development progress of Optimus in detail he also hinted at a more detailed plan for using these humanoid robots for his Factory in Just 2 years Optimus has made incredible progress and the number of tasks it can do is also increasing most recently sorting 4,680 batteries off the line and automatically fixing errors because of this impressive ability Elon Musk shared at the stockholder meeting that there could be 1,000 or more Optimus robots working at the electric car manufacturer next year but I I think like next year my prediction is next year we'll have over over a thousand maybe a few thousand Optimus robots working at Tesla we do not Advocate the use of robots to eliminate humans but there are truths that we sometimes have to accept Maybe by 2030 Tesla's Workforce will be reduced by 60% because of the presence of these robots which work without needing to rest even if the battery runs out it only takes about 5 minutes to charge because the 2 point 3 Kow our battery pack does not need too much time to be fully charged it saves hundreds of thousands of dollars compared to Tesla having to pay a human worker each year it is cheaper more cost effective and works faster with extremely high Precision you know that humans can never surpass the Precision of machines especially Tesla will not be involved in lawsuits or complaints compared to human labor Elon Musk is betting big on Tesla not just in robotics but also in artificial intelligence through robots he claims that Optimus will increase Tesla's value to tens of trillions of dollars a figure that EVS will take a long time to reach is this possible no one can say for sure but many experts in robotics and artificial intelligence are optimistic nvidia's CEO for example also believes Tesla is on the right track he emphasizes that Tesla's approach especially in developing neural networks is sound of course Nvidia also benefits from this since Tesla is buying billions of dollars in chips from them the fact that Optimus utilizes components and Technologies already employed by Tesla in its cars means the manufacturer has established a supply chain for all those parts through its Vehicles they can integrate these components into robots at a significantly lower cost compared to a new entrant into the industry that would need to install computers cameras or other devices from scratch in their robots all the cost advantages Tesla has built through its Automotive business will extend into its robot business especially concerning the hardware needed for artificial intelligence to operate and move effectively why does Optimus have so much to overcome Elon Musk believes Tesla will be worth 10 times the most valuable companies today which is more than1 trillion musk believes that the Optimus robot is Tesla's most important product not cars or self-driving taxis he's right because the global labor market is worth many times more than the entire Auto industry combined musk is saying that we're going to change the global labor market Tesla will have at least 10% of the market share in the humanoid robot Market but until Optimus is really valuable Tesla still has a long way to go before it can really make trillions in profit so what does musk say about the challenges of Optimus according to the CEO the humanoid robot to human ratio will be greater than 1 to one and building a humanoid robot is very difficult because Tesla had to design each part from scratch there is no supply chain for the types of motors and sensors needed for a humanoid robot Tesla will have to design every part of the robot from scratch starting from basic principles this includes the motor gearbox Power Electronics and communication systems everything needs to be developed independently according to musk he acknowledges that there is isn't an established supply chain for humanoid robots meaning Tesla will have to manufacture these components largely on its own without extensive support from material suppliers even though many electric motors are produced worldwide however there isn't an established supply chain for the types of Motors sensors and gearboxes necessary for an advanced humanoid robot like Optimus making prototypes is easy but starting mass production is difficult Tesla has only 2 years of experience so the difficult ulties are countless although Tesla has the ability to design engineer and manufacture talking about the future and the development as well as the difficulties that Tesla encounters with its robots professors and analysts have frankly commented animes gar assistant professor of AI robotics at the Georgia Institute of Technology said he would expect Tesla to have a humanoid platform with limbs though it's unclear how robust and useful the hands will be but would be surprised if Optimus could perform tasks Beyond competent Locomotion and skills like picking up objects that aren't complicated to grasp with other features like interacting with objects like Windows and Doors to possibly follow a year or two later Jonathan Atkin a roboticist at the University of Sheffield in the UK agreed musk's timeline would be very challenging and describe 2025 as ambitious but not out of the question saying that a lot depends on the details of exactly what musk is suggesting for its application Christian huii a robotics professor at Florida State University said he wouldn't be shocked to see some carefully prepared video demos of an optimist doing some nominal tasks in a factory by the end of the year but warned it will be incredibly difficult to get the Bots into the hands of customers who will find them useful in that time has the production capability it has the engineering capability and it has the AI hardware and software capability um and even the most optimistic estimates that I've seen for for Optimus while acknowledging the challenges ahead musk is an optimist you know he stressed that Tesla has all the key capabilities and Manufacturing engineering artificial intelligence hardware and software they can do big things with Tesla Optimus Elon Musk also highlighted the importance of the manufacturer having the best electronics engineers in the world in transmissions and electric motors Power Electronics musk is the wealthiest person in the world with a net worth of 210.70 largely tied to Tesla this includes a multi-billion dollar compensation package that was recently rejected by a Delaware judge Tesla and musk plan to contest the ruling and shareholders have voted to approve the agreement which could potentially reinstate musk's compensation package however the legal issues surrounding this matter are expected to take time to resolve and experts suggest that it has pushed musk Tesla and Delaware's legal system into Uncharted Territory 6 billion USD that's the amount Goldman Sachs analysts predict the global market for humanoid robots could reach within the next 10 to 15 years according to the research and Analysis firm global data the broader robot Market is projected to be worth 218 billion USD by 2030 If You observe a Tesla equip with their full self-driving system today you'll see that Tesla is confident their cars will achieve full autonomous driving capabilities without human intervention as early as the end of this year or possibly next year through their network of robot taxis or cyber cabs Tesla plans to host an event on August 8th to introduce this technology we need to start preparing early to purchase and integrate humanoid robots to support families during this crucial technological transition it's unden deniable that millions of jobs will be displaced due to the replacement by humanoid robots however this shift also brings new opportunities and employment in manufacturing and robot technology development the reality is that by 2040 most jobs particularly manual labor roles will likely be taken over by humanoid robots what we need to do now is prepare and adapt to this change to ensure that families and Society can access and maximize the benefits that technology brings Tesla recently announced that they have two Optimus robots working autonomously in their Factory and musk said that Tesla will sell the robots to customers next year do you think this will happen we have made a few videos about optimus's missions potential and roles as well as a film outlining the future of humanoid robots like Tesla's Optimus we recommend watching it for a comprehensive look at this humanoid robots we hope you will have the most relaxed feelings after watching this video if you did please hit the like button and join the Tesla car World family by subscribing to 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