- Tesla shares gained Monday, ahead of the electric vehicle maker’s earnings report Tuesday, as CEO Elon Musk said the company will have humanoid robots in production for internal use in 2025.Musk said, “Tesla will have genuinely useful humanoid robots in low production for Tesla internal use next year and, hopefully, high production for other companies in 2026.”The CEO has previously said that Tesla’s humanoid robot was expected to be in the factory by the end of 2024.
Tesla (TSLA) shares surged 5.2% Monday, closing at $251.51, ahead of the company’s earnings report on Tuesday. CEO Elon Musk announced that Tesla will have humanoid robots in low production for internal use by 2025, with high production for other companies by 2026.
Musk shared this news in an X post, generating investor excitement despite Tesla’s history of project delays. The CEO previously indicated that the Optimus robot could perform simple factory tasks and might be ready for external sale by the end of 2025.
Last week, Musk postponed Tesla’s robotaxi event, originally scheduled for August 8, due to a design change. This delay has led analysts to speculate that Tesla may reveal additional new products and features at the rescheduled event. More details may be provided during Tesla’s earnings call on Tuesday.
Tesla shares have gained about 1.2% since the start of the year, with investors eagerly anticipating the company’s future innovations and updates.