Musk predicts humanoid robots could make Tesla $25 TRILLION company
What's the story
Elon Musk, the CEO of Tesla, has made a bold prediction about the future of his company.
Speaking at the 8th Future Investment Initiative conference in Riyadh, Saudi Arabia, Musk touched upon the financial implications of Tesla's Optimus humanoid robot.
He said that this futuristic creation could boost the company's valuation.
"Robotic taxis make Tesla about a $5 trillion company," Musk said during his virtual appearance at the conference. "The Optimus Robot, I think, makes Tesla a $25 trillion company."
Robotic future
There'll be 10 billion robots by 2040
Along with his predictions about Tesla, Musk also forecasted that by 2040 there will be at least 10 billion humanoid robots.
These advanced machines are expected to be priced between $20,000 and $25,000 each.
Musk also shared his vision of a future where "there will be a lot of robots — more robots than people."
Futuristic insights
Musk's views on AI and population decline
Musk also shared his thoughts on other pressing issues.
He raised concerns over population decline and stressed the need for "maximally truth seeking" artificial intelligence (AI).
He also said there's is still a slight change (10-20%) that AI could present major challenges by the end of this decade.
Musk slammed some AIs for being trained to be politically correct, describing some as having a "woke, nihilistic, in my opinion, philosophy."