Tesla Inc TSLA chairman Elon Musk says he doesn’t bother “topping up” the automaker’s stock while the company showed off its humanoid robot.
What happened: Musk’s comments came in response to comment from a portfolio manager and investor Ross Gerber who wished to discuss the “long-term global economic impact of Optimus”.
I’m not looking to add to the stock, but the economic impact is obvious
— Elon Musk (@elonmusk) October 2, 2022
Musk said, “I don’t care about boosting the stock, but the economic impact is obvious.”
See also: How to buy Tesla (TSLA) shares
Why it matters: Tesla on Friday shared a prototype of the humanoid robot Optimus. Production of the bot will take volume into account and could cost less than $20,000.
A member of the Tesla team said at the AI Day event where the bot was being demonstrated that it will be able to do anything a human brain does.
Musk called Optimus a “extremely capable robotthat will be able to solve problems on its own.” According to Musk, a “catgirl” version of Optimus will also be made.
Price promotion: On Friday, Tesla shares closed 1.1% lower at $265.25 Data from Benzinga Pro.
Continue reading: Tesla analyst’s 6 takeaways from AI Day 2022: Optimus in the long run, FSD approval will take years, traditional cars in trouble and more
Photo Courtesy: Tesla
