Tesla's Optimus Robot Could Surpass Automotive Legacy, Says Investor
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Benzinga
- Robotics Future: Investor Jason Calacanis stated on the All-In Podcast that Tesla's Optimus robot could overshadow its automotive history, indicating a significant technological shift ahead.
- Production Pricing Goal: Musk set a target price of $20,000 to $30,000 per unit for Optimus at a shareholder meeting, which is expected to have a substantial market impact once mass production begins.
- Technological Integration Advantage: Calacanis highlighted that the integration of large language models will enable Optimus robots to understand and perform tasks humans prefer to avoid, marking the emergence of the most transformative technology product in human history.
- Market Competition Challenge: Despite the ambitious nature of the Optimus project, it faces competition from Chinese Unitree robots, which showcased impressive flips and dance routines at a major concert, potentially impacting Tesla's market position.
Analyst Views on TSLA
Wall Street analysts forecast TSLA stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TSLA is 384.14 USD with a low forecast of 19.05 USD and a high forecast of 600.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
34 Analyst Rating
14 Buy
10 Hold
10 Sell
Hold
Current: 438.570
Low
19.05
Averages
384.14
High
600.00
Current: 438.570
Low
19.05
Averages
384.14
High
600.00
About TSLA
Tesla, Inc. designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offers services related to its products. Its segments include automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, sales and leasing of high-performance fully electric vehicles, and sales of automotive regulatory credits. It also includes sales of used vehicles, non-warranty maintenance services and collisions, part sales, paid supercharging, insurance services revenue and retail merchandise sales. The energy generation and storage segment include the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. Its consumer vehicles include the Model 3, Y, S, X and Cybertruck. Its lithium-ion battery energy storage products include Powerwall and Megapack.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
