Tesla Bot Optimus Gen 3 to cost less than a car, confirms Elon Musk

Tesla should start shipping the humanoid by 2025

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Published onMarch 18, 2024

published onMarch 18, 2024

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The humanoid market is growing exponentially, adding new players every day. Though Tesla remains one of the biggest and most popular humanoid developers. Its latest offering,Tesla Bot Optimus Gen 3, could be the game changer if released at the expected price.

Elon Musk, when asked about the cost ofTesla Bot Optimus Gen 3during an event, said,

This revelation by Musk, if true, could significantly alter the dynamics of the humanoid market, giving Tesla an early lead and allowing it to capture a large section of the user base.

Typically, humanoids similar toTesla Bot Optimus Gen 3are priced in the$100,000-$150,000range. Boston Dynamics’ Atlas robot costs$150,000, and Xiaomi’s CyberOne is expected to cost between$89,000and$105,000.

The only humanoid inTesla Bot Optimus Gen 3’sprice range is Kepler, which may cost anywhere between$20,000and$30,000,and mass production should commence later this year, a few months before Tesla.

Will Tesla Bot Optimus Gen 3 cost $20,000?

If history teaches us anything, we can’t take Elon Musk’s statements regarding the pricing ofTesla Bot Optimus Gen 3at face value, meaning the humanoid could be priced higher when it hits the market. Experts have different opinions on how much higher it would be!

Farzad Mesbahi, an expert in the field, believes thatTesla Bot Optimus Gen 3should likely cost$25,000-$50,000. He pegs the sales numbers at20 million/annuallyby2030.

This will change the world – forever.On August 19th, 2021, Tesla unveiled the Optimus Bot. Well… unveiled is probably a little bit generous.They showed a person in a robot costume doing some sick dance moves, followed by a 10-minute presentation outlining their plans to…pic.twitter.com/PQwd0OyADj

Others are of the opinion that the Tesla humanoid robot should ideally be placed in the$50,000to$85,000range. They believe that ifTesla Bot Optimus Gen 3can be sold at, say,$70,000, given the pricing of rival products, why should Tesla go with a lower price tag.

While this may be a viable approach, higher prices would keep Tesla’s innovation away from the middle class and industries that want to deploy it for trivial tasks (with zero or low financial returns).

On the other hand, a lower price tag, coupled with Tesla’s popularity, would allowBot Optimus Gen 3to find massive applications in households and industries.

Whichever way Tesla goes, it has to be quick with the decisions because other tech giants are fast catching up.

Last month,Microsoft and OpenAI invested $500M in FigureAI, a Tesla competitor developing humanoids. FigureAI has signed another deal with BMW to deploy itsFigure 01, an AI-powered robot that can communicate, in the automaker’s factories.

Besides, transitioning from the development to the mass production phase takes time. ForBoston Dynamics, the makers ofAtlas, it took roughly28years, from1992to2020.

What do you think would be the right cost forTesla Bot Optimus Gen 3? Share with our readers in the comments section.

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With KB5043178 to Release Preview Channel, Microsoft advises Windows 11 users to plug in when the battery is low

Copilot in Outlook will generate personalized themes for you to customize the app

Microsoft will raise the price of its 365 Suite to include AI capabilities

Death Stranding Director’s Cut is now Xbox X|S at a huge discount

Outlook will let users create custom account icons so they can tell their accounts apart easier

Tesla Bot Optimus Gen 3 to cost less than a car, confirms Elon Musk

Will Tesla Bot Optimus Gen 3 cost $20,000?