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Tesla Stock Soars as Optimus Robot Shows Off Its Skills – Here’s Why

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Courtesy of Tesla Optimus
Courtesy of Tesla Optimus

Tesla’s stock price has reached a new 52-week high, fueled by growing interest in Optimus, widely seen as a key driver of this success.

On Tuesday, Tesla’s Optimus X account (formerly Twitter) shared a video showcasing Optimus in action.

The footage features Optimus navigating a dirt floor and maintaining balance without visual aids. Instead, it relies entirely on onboard sensors powered by a neural network, which processes commands in approximately 2 to 3 seconds through its embedded computer.

In addition to its current efforts, Tesla’s team is developing new capabilities for Optimus. They are working on enhancing its gait for a more natural movement on uneven terrain and improving its responsiveness to speed and directional commands. Furthermore, the team plans to equip Optimus with the ability to fall safely and recover in unavoidable situations, minimizing potential damage.

Optimus represents Tesla’s ambitious humanoid robot project. The robot is currently being used to sort battery cells autonomously and is being tested for dexterity with tasks such as catching balls.

Tesla aims to deploy 1,000 Optimus robots at its Austin Gigafactory by the end of 2025. As its robo-taxi technology advances, Tesla plans to redirect its supercomputer’s processing power to accelerate Optimus’s development and training.

Buoyed by technological progress, Tesla’s stock continues its upward trajectory. On Saturday, it peaked at $389.49 on the New York Stock Exchange, setting a new 52-week high. Tesla’s all-time closing high remains $409.97, recorded on November 4, 2021.

Analysts remain optimistic about Tesla’s prospects. After touring Tesla’s Austin Gigafactory, John Murphy of Bank of America expressed heightened confidence in the company and raised his target stock price from $350 to $400.

Tesla CEO Elon Musk has been particularly enthusiastic about Optimus, describing its technology as groundbreaking and forecasting rapid advancements soon.

theguru
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