Bulletin
Investor Alert

MarketWatch First Take Archives | Email alerts

Oct. 4, 2022, 7:42 a.m. EDT

Tesla’s Optimus bot: ‘High school science project’ or robotics game changer?

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Tesla Inc. (TSLA)
  • X
    Hyundai Motor Co. Ltd. (005380)
  • X
    SoftBank Group Corp. (9984)

or Cancel Already have a watchlist? Log In

By James Rogers

Tesla’s Optimus humanoid robot has been attracting plenty of attention following the company’s AI event on Friday.

Two development versions of the Optimus bot were on show at Tesla Inc.’s /zigman2/quotes/203558040/composite TSLA +1.56% AI Day 2022. The company showed off a robot with exposed wires that walked onto the stage, turned, waved to the audience and briefly busted some dance moves. “The robot can actually do a lot more than we just showed you, we just didn’t want it to fall on its face,” said Tesla Inc. CEO Elon Musk, candidly.

A Tesla video also showed the robot performing tasks such as moving boxes and watering a plant.

A later-generation version of Optimus that had to be carried onto the stage was also on display at the AI Day event. “It wasn’t quite ready to walk, but I think it will walk in a few weeks,” said Musk. “We wanted to show you the robot, something that’s actually fairly close to what will go into production.”

Once on stage, the humanoid robot waved and moved its legs. The robot, which will have the ability to move all its fingers independently, also has opposable thumbs in both hands, enabling it to operate tools, according to Musk. “Our goal is to make a useful humanoid robot as quickly as possible,” he said. “We have also designed it using the same discipline that we use in designing the car, which is to design it for manufacturing such that it is possible to make the robot in high volume at low cost, with high reliability.”

See Now : Tesla busts latest AI moves, but stock falls as vehicle deliveries miss analysts’ targets

Musk stressed the importance of this. “You have all seen very impressive humanoid robot demonstrations, and that’s great, but what are they missing?” he said. “They are missing a brain — they don’t have the intelligence to navigate the world by themselves, and they are also very expensive and made in low volume.”

But the fact that the robot had to be carried out sparked scorn from some users on social media.

“The Tesla bot can barely stand on it’s own and 3 humans had to roll it out. This looks like a high school science project built in a garage,” tweeted @cacukck .

Other users made unfavorable comparisons between Optimus and the robots built by Boston Dynamics , which is famed for its development of sophisticated (and somewhat unsettling ) robotic dogs and humanoids. Last year, Hyundai Motor Co. Ltd. /zigman2/quotes/206684590/delayed KR:005380 +0.21% acquired a controlling interest in Boston Dynamics from Japan’s SoftBank Group Corp. /zigman2/quotes/207303954/delayed JP:9984 +0.59% for $1.1 billion.

See Now : Tesla reports record deliveries, but numbers are still shy of analysts’ targets

“Honestly, Boston Dynamics must be in hysterics right now,” tweeted James Bareham, creative director, brand licensing at Vox Media.

“The potential for Optimus is, I think, appreciated by very few people,” said Musk during the Tesla event, just before the robot was moved behind him to the edge of the stage, amid some laughter. “As usual, Tesla demos are coming in hot,” the CEO quipped.

“There’s still a lot of work to be done to refine Optimus and improve it — obviously, this is just Optimus version one,” added Musk.

The Tesla chief said that, ultimately, millions of Optimus robots could be made, with each costing much less than a car. “I would say probably less than $20,000, would be my guess.” He anticipates that the robots could be sold to consumers in three to five years .

OpinionBig selling wave in stocks makes for a buying opportunity, says Baron manager who has 20% of his fund’s assets in Tesla

/zigman2/quotes/203558040/composite
US : U.S.: Nasdaq
$ 250.22
+3.84 +1.56%
Volume: 128.52M
Sept. 29, 2023 4:00p
P/E Ratio
70.99
Dividend Yield
N/A
Market Cap
$782.01 billion
Rev. per Employee
$735,427
loading...
/zigman2/quotes/206684590/delayed
KR : S. Korea: KRX
191,100
+400.00 +0.21%
Volume: 367,983
Sept. 27, 2023 6:09p
P/E Ratio
5.24
Dividend Yield
0.00%
Market Cap
₩45000.13 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/207303954/delayed
JP : Japan: Tokyo
¥ 6,335.00
+37.00 +0.59%
Volume: 10.11M
Sept. 29, 2023 3:00p
P/E Ratio
6.29
Dividend Yield
0.69%
Market Cap
¥7617.43 billion
Rev. per Employee
¥103.51M
loading...
1 2
This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.