Can Elon Musk’s Side Bets Justify the Price?

This article first appeared on GuruFocus. Sep 3 – Elon Musk has unveiled another venture under his xAI umbrella, an artificial intelligence project called Macrohard, a tongue-in-cheek reference to Microsoft. While this latest move highlights Musk’s wide-ranging ambitions, it also raises questions about Tesla’s (NASDAQ:TSLA) valuation and leadership focus. Tesla currently trades at a market…

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Elon Musk makes big Tesla announcement: 80% of company value to come from Optimus — what is Optimus and why Musk is betting big on it |

Elon Musk makes big Tesla announcement: 80% of company value to come from Optimus — what is Optimus and why Musk is betting big on it |

Tesla CEO Elon Musk recently made a bold announcement stating that around 80% of Tesla’s future company value will come from Optimus, Tesla’s humanoid robot project. This statement highlights Musk’s confidence in Optimus as a transformative technology with the potential to redefine Tesla’s business far beyond electric vehicles. While the company continues to face slowing…

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Elon Musk says 80% of Tesla’s value will come from Optimus bots, which are still not on the market

Elon Musk says 80% of Tesla’s value will come from Optimus bots, which are still not on the market

Elon Musk’s lofty vision for Tesla includes less attention on electric vehicles and a doubling down on its autonomous robots, even as production for the bots have hit numerous snags. The Tesla CEO said on Monday 80% of Tesla’s value would someday come from Optimus robots, the humanoid bots Musk’s company introduced in 2021, intended…

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