EV maker Tesla (TSLA) has seen its Optimus humanoid robot get a lot of attention lately after new videos showed it performing ballet and dance moves. These videos demonstrated major improvements in how the robot moves, which included a smoother and more natural walking posture, as well as better arm motion. However, the big breakthrough is that Optimus learned these movements entirely through simulation by using Tesla’s reinforcement learning technology, and then successfully used them in the real world without needing extra training.
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Even though the robot’s progress is impressive, Tesla CEO Elon Musk said that Optimus is still a long way from its final version. In addition, Tesla plans to start producing about 5,000 units in 2025, with enough parts to build up to 12,000 if things go smoothly. For now, Optimus robots are being used inside Tesla’s factories, especially to help on the Cybercab production line at the company’s Texas Gigafactory.
Looking ahead, Musk said that Optimus could be sold to customers as soon as 2026, with a target price of $25,000 to $30,000. However, it is worth noting that Tesla faces competition from several companies that are also working on humanoid robots, including Figure AI and Boston Dynamics. Apple (AAPL), Meta Platforms (META), and Xpeng (XPEV) are exploring AI-powered robots as well, which shows just how quickly the technology is growing around the world.
What Is the Prediction for Tesla Stock?
Turning to Wall Street, analysts have a Hold consensus rating on TSLA stock based on 16 Buys, 10 Holds, and 11 Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average TSLA price target of $275.68 per share implies 20.1% downside risk.
