• bitcoinBitcoin(BTC)$80,206.002.49%
  • ethereumEthereum(ETH)$2,415.564.03%
  • tetherTether(USDT)$1.000.04%
  • binancecoinBNB(BNB)$714.552.00%
  • rippleXRP(XRP)$1.312.32%
  • usd-coinUSDC(USDC)$1.000.03%
  • solanaSolana(SOL)$96.253.18%
  • tronTRON(TRX)$0.318374-0.15%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.051.53%
  • zcashZcash(ZEC)$1,313.691.89%
  • HyperliquidHyperliquid(HYPE)$82.23-4.45%
  • dogecoinDogecoin(DOGE)$0.0766682.09%
  • moneroMonero(XMR)$637.42-0.18%
  • USDSUSDS(USDS)$1.000.01%
  • whitebitWhiteBIT Coin(WBT)$77.533.04%
  • chainlinkChainlink(LINK)$11.493.14%
  • leo-tokenLEO Token(LEO)$9.350.34%
  • cardanoCardano(ADA)$0.1973863.33%
  • stellarStellar(XLM)$0.1655791.29%
  • bitcoin-cashBitcoin Cash(BCH)$288.785.04%
  • nearNEAR Protocol(NEAR)$4.01-1.50%
  • daiDai(DAI)$1.000.02%
  • Ethena USDeEthena USDe(USDE)$1.000.07%
  • uniswapUniswap(UNI)$7.40-0.51%
  • litecoinLitecoin(LTC)$55.631.73%
  • RainRain(RAIN)$0.005995-3.23%
  • CantonCanton(CC)$0.1002450.83%
  • avalanche-2Avalanche(AVAX)$8.720.79%
  • suiSui(SUI)$0.921.36%
  • USD1USD1(USD1)$1.000.00%
  • tether-goldTether Gold(XAUT)$4,105.411.98%
  • the-open-networkGram (prev. Toncoin)(GRAM)$1.15-2.62%
  • hedera-hashgraphHedera(HBAR)$0.0719421.24%
  • quant-networkQuant(QNT)$201.870.81%
  • Global DollarGlobal Dollar(USDG)$1.000.03%
  • shiba-inuShiba Inu(SHIB)$0.0000051.83%
  • BittensorBittensor(TAO)$233.791.88%
  • paypal-usdPayPal USD(PYUSD)$1.000.01%
  • crypto-com-chainCronos(CRO)$0.0518611.49%
  • Ripple USDRipple USD(RLUSD)$1.000.04%
  • EthenaEthena(ENA)$0.178776-1.91%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.15-0.17%
  • okbOKB(OKB)$110.371.82%
  • Circle USYCCircle USYC(USYC)$1.140.01%
  • pepePepe(PEPE)$0.000005-1.36%
  • aaveAave(AAVE)$132.070.54%
  • Pump.funPump.fun(PUMP)$0.004258-2.32%
  • OndoOndo(ONDO)$0.400441-0.53%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • MemeCoreMemeCore(M)$0.82-2.78%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

Here’s when Elon Musk’s Optimus robots could come to your house

October 11, 2024
in Business
Reading Time: 4 mins read
A A
Here’s when Elon Musk’s Optimus robots could come to your house
ShareShareShareShareShare

Elon Musk claimed this week that Tesla’s humanoid robots will be “the biggest product ever of any kind” — sparking a lively debate over when and whether he’ll manage to put a robot in every house.

YOU MAY ALSO LIKE

Lockheed Martin paying $29.5M settlement after allegedly discriminating against white workers

News Corp posts record profitability in Q1, driven by Dow Jones, real estate, book publishing units

The walking, talking Optimus robots stole the show during a Thursday night event in Los Angeles to reveal the company’s “Cybercar,” a self-driving taxi.

The nearly 6-foot-tall robots danced onstage to techno music, served up fruity cocktails and played rock, paper, scissors. 

Musk said the bots can “basically do anything you want” – like mowing your lawn, cleaning the kitchen after dinner, babysitting your kids or just being a friend — and will cost less than a car, between $20,000 to $30,000 in the long term.

An Optimus robot serves drinks during the Tesla event. X/OptimusAI_Token

Musk was quiet about the timing on Thursday, but earlier this year he said Tesla may be able to sell the humanoid robots by the end of 2025.

Nevertheless, experts disagree over whether Musk will be able to overcome many of the bots’ kinks in just a few years.

Dev Nag, CEO of QueryPal, a support automation company that uses artificial intelligence, said it will likely be five or more years before consumers see Optimus bots in their homes.

“The robot still faces challenges in areas like walking steadily in uneven terrain, lasting all day on a single battery charge, and safely navigating around people and pets – a thornier problem than it might seem,” Nag told The Post. 

“While Musk is known for his ambitious timelines, most experts believe Optimus will first prove itself in factories and warehouses before it’s ready for household use,” he said.

That’s despite dazzling capabilities the Optimus bots displayed on Thursday night.

“How’s everybody doing?” a bartending bot wearing a cowboy hat and apron called out to guests, with a hint of a Texas drawl.

When one customer asked for a watermelon-flavored drink, the cow-bot double-checked the order: “A watermelon? ’Course you can!”

Earlier this year, Musk said Tesla may be able to sell the humanoid robots externally by the end of 2025. via REUTERS

Agnieszka Pilat, a robotics artist who works closely with Boston Dynamics and Agility Robotics, agreed that rolling out the robots within five years is “very optimistic.”

The bots will likely first be made available to billionaires and other high-status individuals within five years, but that it will take about a decade for a full retail rollout, according to Pilat.

“Mass adoption will take time because they’re very expensive. They won’t be deployed. The software is complicated and the hardware is complicated,” Pilat told The Post. “Where are the flying cars?”

On the other hand, Wedbush analyst Dan Ives – who said he spoke with an Optimus robot for more than an hour at Thursday night’s event in Hollywood – is nearly as optimistic as Musk.

He expects the bots will be in households by 2027.

Wedbush analyst Dan Ives said he interacted with an Optimus bot for more than an hour during the Tesla event. Wedbush analyst Dan Ives

The robots unveiled Thursday night were completely “non-programmatic” and on track to be “fully autonomous,” Ives told The Post.

“What Tesla unveiled last night was jaw-dropping,” he said. “Last night, I believe, it was a historical event.”

The Optimus bots were far more advanced than techies had expected after Musk introduced his “Tesla bot” in 2021 – a man who danced on stage in a robot suit – and displayed a prototype in 2022 that needed to be held up by a stand.

Shawn DuBravac, CEO at Avrio Institute, which helps companies anticipate technological shifts, said household robots eventually will become as commonplace as washing machines and dishwashers.

But he agrees with other experts that there are many hurdles beyond the price point Musk has yet to overcome.

Experts said the price of the bots — around $20,000 to $30,000, according to Musk — will pose a challenge to a widespread rollout. via REUTERS
Tesla’s bots will likely face regulatory challenges related to data privacy, safety standards and liability, experts said. via REUTERS

“They can handle simple tasks now, but full autonomy for complex household chores is still some time away,” DuBravac told The Post. “What makes other household robots, like washing machines and dishwashers, successful is their ability to handle discrete tasks nearly flawlessly every time.”

Optimus also can expect to face legal hurdles when it comes to safety standards, data privacy and liability in case of malfunction, DuBravac said.

Musk’s Tesla is under “a very bright spotlight,” Ives admits. “If there’s any incident with a robot, that will be highly scrutinized.”

Optimus could also face social and cultural challenges when it comes to a widespread rollout, experts said. But Ives argued that tech giants have hopped over those hurdles before.

“In 2007, people viewed the concept of smartphones as off-the-rails,” Ives told The Post. “Now, look where we are today.”

Credit: Source link

ShareTweetSendSharePin

Related Posts

Lockheed Martin paying .5M settlement after allegedly discriminating against white workers
Business

Lockheed Martin paying $29.5M settlement after allegedly discriminating against white workers

November 5, 2026
News Corp posts record profitability in Q1, driven by Dow Jones, real estate, book publishing units
Business

News Corp posts record profitability in Q1, driven by Dow Jones, real estate, book publishing units

November 4, 2026
Fan favorite SoCal Chick-fil-A store closing by the end of 2026
Business

Fan favorite SoCal Chick-fil-A store closing by the end of 2026

November 4, 2026
Dems’ midterm sweep could bring crackdown on Wall Street as lefty leaders target data centers, crypto, prediction markets
Business

Dems’ midterm sweep could bring crackdown on Wall Street as lefty leaders target data centers, crypto, prediction markets

November 4, 2026
Next Post
Stay Tuned NOW with Gadi Schwartz – Sept. 23 | NBC News NOW

Stay Tuned NOW with Gadi Schwartz - Sept. 23 | NBC News NOW

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
Latino voters in Texas describe ‘buyer’s remorse’ with Trump

Latino voters in Texas describe ‘buyer’s remorse’ with Trump

October 30, 2026
🔴Live  – In a trade right now!! (I’m sick)

🔴Live – In a trade right now!! (I’m sick)

November 2, 2026
Trump’s American slapdown for the ages – Financial Times

Trump’s American slapdown for the ages – Financial Times

November 4, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!