Optimus

Tesla expected to mature as profitable EV leader by 2028 with emerging autonomy revenue from select robotaxi operations and early Optimus factory deployment, supporting mid-single to low double-digit annual delivery growth.

Tesla shifts focus to robotaxis and humanoid robots amid declining vehicle sales and earnings. Massive upside potential offset by execution risks and stretched valuation.

Elon Musk claims Tesla's Optimus humanoid robots could become the first artificial general intelligence system capable of physical manipulation, positioning the company as an AGI leader.

Xpeng plans a humanoid robot factory in Guangzhou, targeting mass production of its IRON robot by end of 2026, aiming for over 1 million units by decade's end.

Tesla shifts focus to humanoid robotics as EV sales slow, doubling capital spending to $20 billion and converting factories for robot production amid elevated valuation risks.