• Tesla plans to launch its humanoid robot, Optimus, into the market by the end of next year.
• Musk believes Tesla is well-positioned to lead in humanoid robot production and efficiency.
• Other tech giants and car manufacturers are also investing in humanoid robot development.

Elon Musk’s Tesla is on a mission to bring its humanoid robot, Optimus, from the laboratory to the market by the end of next year. This ambitious timeline aligns with the industry’s push to develop robots capable of addressing labor shortages and handling repetitive tasks efficiently.

During a call with investors, Tesla‘s CEO revealed that Optimus may be ready to perform basic factory tasks by the end of 2024. The company’s subsequent goal is to potentially offer these robots to other businesses by the following year.

Musk, a 52-year-old billionaire, expressed confidence in Tesla’s ability to lead the humanoid robot market, stating, “I think Tesla is best positioned of any humanoid robot maker to be able to reach volume production with efficient inference on the robot itself.”

However, Tesla is not the only player in the humanoid robot arena. Tech giants like Microsoft and established car manufacturers such as Honda and Hyundai have also been investing in similar advancements for years.

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In a recent development, a startup partnered with BMW to deploy humanoid robots in one of the automaker’s facilities in the United States. This collaborative effort highlights the growing interest and investment in robotics across various industries.