Business Implications
If Tesla achieves its goal of producing 1 million humanoid robots by 2030, selling them at around $25,000 each could generate $25 billion in revenue. Additionally, Tesla might implement a licensing model for the robot's software, potentially adding significant recurring revenue.
Long-term projections are even more staggering. Musk estimates the potential market for humanoid robots to be about 20 billion units, with annual production possibly reaching 100 million units. If Tesla captures 10% of this market, it could translate to annual production of 10 million robots.