Elon Musk "Deploying Satellites": RoboTaxi and 300 Billion Humanoid Robots, Creating a $30 Trillion Market Value for Tesla!

Elon Musk was in a very good mood on Thursday.

After Tesla's shareholders officially approved his $56 billion compensation plan at the Tesla shareholders meeting, Musk made very bold predictions about the future of technology and Tesla's market value at the meeting.

He believes that Tesla's humanoid robots and Robotaxi will make great progress, driving Tesla's market value to exceed Apple's by 10 times, reaching over $30 trillion.

Tens of millions of Teslas will become Robotaxi, Cybertruck will be launched in Europe and China

In his speech, Musk mentioned that in the future, with the development of autonomous driving technology, Tesla owners will only need to press a button, and their cars can serve as taxis for others like Uber, earning money for the owners. He expects that tens of millions of Teslas will be used as Robotaxi:

I think (the future) will be absolutely surprising. Obviously, we have made great progress in solving sustainable energy issues, including electric vehicles, energy storage, solar energy... I think in terms of the company's value, autonomous driving is a very important thing.

Musk also mentioned Tesla's next car, the Model 2, which may be priced around $25,000. This model was previously rumored to have been scrapped, but Musk stated that Tesla still needs lower-cost cars to compete with China's electric vehicle industry. However, he did not reveal much information, only saying, "The new model will be great."

Furthermore, Musk also mentioned that Tesla's electric pickup truck, Cybertruck, will further expand production capacity next year, and a modified version compliant with Chinese and European market regulations will be introduced in the future. The Cybertruck may be modified to be smaller.

Humanoid robots will bring trillions of dollars in profit

When talking about humanoid robots, Musk was also very excited. He believes that in the future, humanoid robots will become a mass consumer product that everyone can have. These robots can perform tasks such as babysitting, educating children, accompanying children, playing the piano, factory production, etc. Tesla will earn "trillions of dollars" in profit through humanoid robots:

Who wouldn't want to see C-3PO (a character from "Star Wars")? That would be great. I think everyone would want one. So I think the ratio of humanoid robots to humans might be at least two to one, maybe close to one to one.

So, this means that the number of humanoid robots in the future could reach around 10 billion, or maybe 20 billion or 30 billion.

He believes that at a price of $10,000 each, this will bring Tesla trillions of dollars in profit.

Looking ahead at Tesla's market value, Musk painted a rosy picture:

Just the Optimus Prime humanoid robot alone could bring a market value of $20 trillion, while the market value of autonomous driving cars could reach $5 to $10 trillion. It is possible for Tesla to achieve a valuation 10 times that of today's most valuable companyCurrently, the most valuable publicly traded company in the world is Apple Inc., with a market capitalization of approximately $3.3 trillion. If Tesla's market capitalization reaches 10 times this figure, its market value will exceed $30 trillion