"Musk made the prediction shortly after Tesla published its latest master plan, an oft updated corporate manifesto that mentioned robots for the first time. We are building the products and services that bring AI into the physical world, Tesla said on X, Musk's social network. We have been working tirelessly for nearly two decades to create the foundation for this technological renaissance through the development of electric vehicles, energy products and humanoid robots."
"By contrast, Musk himself recently acknowledged that Tesla has yet to execute his second master plan, published in 2016, which called for bringing electric semi trucks and buses to market, developing self-driving capability and starting an autonomous vehicle service. Musk also panned Tesla's third plan, issued in 2023, as too complex for almost anyone to understand. While Tesla delivered on Musk's vow to be more concise the latest plan is less than 1,000 words it also lacks specifics."
Tesla plans for Optimus humanoid robots to account for about 80% of company value, shifting emphasis away from vehicle sales. The latest master plan mentions robots for the first time, is under 1,000 words, and provides few specifics. Optimus was first introduced four years ago and may be ready for deliveries to other companies as early as the second half of 2026, though the robots remain in development and distant from revenue generation. Tesla's second master plan from 2016 remains unexecuted; it called for electric semis and buses, self-driving capability and an autonomous vehicle service. Worldwide vehicle deliveries fell 13% in the first half of the year.
Read at www.mercurynews.com
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