Elon Musk Claims Optimus Robot Will Take Over Jobs and Facilitate Universal Basic Income
Elon Musk's Vision for Optimus: Musk believes Tesla's humanoid robot, Optimus, could revolutionize the global economy by significantly reducing the need for human labor and potentially eradicating poverty.
Technical Challenges and Demonstrations: Despite facing production challenges, Tesla has showcased Optimus's capabilities at events, and Musk remains confident in its potential to outperform humans and operate continuously.
Impact on Society: Musk envisions Optimus transforming various sectors, including the criminal justice system, by preventing crime and suggesting a future where work becomes optional due to increased productivity.
Future Production and Pricing: While still in the design phase, mass production of Optimus is anticipated soon, with a projected price range of $20,000 to $30,000 once scaled.
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- New Model Launch: Tesla has opened U.S. orders for its Cybertruck priced at $59,990, which, while lower than the previous $79,990 version, still exceeds CEO Elon Musk's promised starting price of $40,000 from 2019, indicating market pricing pressures.
- Performance and Features: The new Cybertruck features dual-motor all-wheel drive with an estimated range of 325 miles, standard features include a powered tonneau cover and multiple power outlets, although it sacrifices some premium elements, it still offers significant utility.
- Market Expansion Strategy: As U.S. demand cools, Tesla is expanding Cybertruck availability overseas, having opened orders in the UAE, Saudi Arabia, and Qatar, with pricing starting at 435,000 riyals (approximately $116,000) in Saudi Arabia, highlighting the potential of international markets.
- Sales Expectations and Challenges: Despite production capacity expected to exceed 250,000 units annually, current quarterly sales are only about 5,000 units, indicating demand challenges for Tesla, which may need to explore commercial applications to boost sales.
- Price Adjustment: Tesla has reduced the price of its most expensive Cyberbeast model from $114,990 to $99,990, aiming to attract more cost-conscious consumers and enhance sales while strengthening its market competitiveness.
- Luxe Package Discontinuation: The price cut comes with the discontinuation of the Luxe Package, which included Supervised Full Self-Driving and free access to the Supercharger network, reflecting Tesla's strategic shift towards optimizing its product offerings and cost control.
- Stable Pricing for Other Models: While the Cyberbeast price has been lowered, prices for other Cybertruck models remain unchanged, indicating Tesla's differentiated pricing strategy to cater to various consumer segments effectively.
- New Model Introduction: Earlier this month, Tesla introduced a new all-wheel drive variant of its Model Y SUV priced at $41,990, further diversifying its product line and laying the groundwork for its 2026 strategy aimed at attracting more budget-conscious buyers.

- Tesla Stock Performance: Tesla's stock remained flat following the introduction of a new version of the Cybertruck.
- Cybertruck Update: The company unveiled an updated model of its innovative Cybertruck.
- Economic Data Focus: Investors are closely monitoring the upcoming release of the PCE index and fourth-quarter GDP data, which will influence market expectations for Federal Reserve rate cuts and potentially alter investor risk appetite.
- Futures Market Dynamics: As of 3:00 a.m. ET on Friday, Nasdaq and S&P 500 futures rose by 0.2%, while Dow and Russell 2000 futures increased by 0.1%, indicating a positive sentiment in the market ahead of key economic data.
- Tech Stock Movements: Nvidia is reportedly finalizing a $30 billion equity investment in OpenAI, replacing an earlier $100 billion deal, highlighting ongoing interest and investment in the artificial intelligence sector.
- Market Sentiment Shifts: Retail sentiment towards the SPDR S&P 500 ETF remains 'neutral', while the Invesco QQQ Trust ETF has shifted from 'neutral' to 'bearish', reflecting a cautious outlook on tech stocks.
- Summit Interaction Sparks Buzz: At the India AI Impact Summit in New Delhi, OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei opted to raise fists instead of holding hands, quickly generating buzz on social media and showcasing their unique interaction style in public.
- Promising AI Future in India: Altman stated that OpenAI views India as a future AI leader, while Amodei emphasized Anthropic's belief in India's central role in advancing responsible AI, reflecting both companies' commitment to the Indian market and potential for future collaboration.
- Significant Ad Impact: Following its Super Bowl ad, Anthropic experienced a 6.5% increase in site visits and an 11% rise in Daily Active Users, demonstrating the effectiveness of its advertising strategy and solidifying its position in the AI market.
- Clear IPO Prospects: Both OpenAI and Anthropic are preparing for potential IPOs, with Anthropic's recent $30 billion funding round valuing it at $380 billion, indicating strong performance in the capital markets and future growth potential.
- Autonomous Driving and Housing: Tesla CEO Elon Musk stated that autonomous vehicles could 'probably' help improve housing market affordability, reflecting his positive outlook on the impact of future transportation on urban expansion.
- Commute Time Impact: Podcast host John Coogan highlighted that people spend about 45 minutes commuting daily, suggesting that self-driving cars may encourage residents to live in farther suburbs, thus driving urban boundary expansion and optimizing land use.
- Satellite Internet Development Aid: Musk's Starlink satellite internet service is seen as a potential provider of internet access in underdeveloped areas, further promoting housing development in these regions, showcasing the role of technology in infrastructure enhancement.
- Tesla Robotaxi Challenges: Tesla's Robotaxi service in Austin has reported 14 accidents since its mid-2025 launch, indicating ongoing challenges but also underscoring the necessity for continuous exploration and improvement in the autonomous driving sector.











