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Elon Musks presentation at this years Tesla Shareholder Meeting did not pass without mentioning the companys humanoid robot, Optimus.

Tesla introduced the idea of making a humanoid robot around two years ago. Since then, the company is constantly sharing progress updates at major events like AI Day, Investor Day, and Shareholder Meetings.

Tesla Bot (Optimus) was the last item on Elon Musks presentation at the Shareholder Meeting on Tuesday. Musk discussed Optimus in more detail compared to other products like the Cybertruck and the next-gen Tesla car which he went through briefly.

Tesla also shared a video of the Optimus development progress before Elon Musks remarks (watch below). This video shows Tesla Bot performing various maneuvers inside the companys robot lab and around the Fremont factory.

Teslas long-term value will be Optimus

The interesting thing about Optimus is not just the improvements in its maneuverability, Tesla now has multiple prototypes of the robot. We can see at least 5 Tesla humanoid robots in the progress update video above.

These Optimus bots moving in synchronization means that Tesla is able to control multiple robots simultaneously. Connected to the same neural network (NN), they are able to see the world similarly. But at the same time are able to perform tasks in sync and individually as well.

The Tesla Bot update video shows how Optimus is gaining new physical abilities with time. The Optimus robots we saw at the 2023 Shareholder Meeting are somewhat a middle version of Bumble-C and the Gen 1 Tesla Bot. Bumble C was the first working Tesla Bot prototype that the company showed at last years AI Day.

At AI Day 2022, the production-intent Optimus robot Tesla showed was not able to walk on its own. Instead, the working prototype Bumble-C demonstrated its abilities. In a period of a little more than 6 months, Tesla has significantly improved Optimus.

Tesla Bot has now gained physical abilities like walking, grabbing objects, sensing softer objects, and applying limited force using motor torque control (the egg demo in the video).

But the most important ability Optimus has is the Tesla Vision AI. It can discover and see its surroundings in the same way a Tesla car can. Because a Tesla Bot and a Tesla vehicle both are connected to the same neural network and have the same FSD computer installed in them.

So, what this means is that whatever a Tesla vehicle learns, Tesla Bot automatically acquires that ability. Ultimately, whenever Full Self-Driving (FSD) is achieved, a Tesla humanoid robot will also be capable of driving a Tesla car and Elon Musk thinks its possible.

As Full Self-Driving gets closer and closer to generalized world AI, that same software is transferrable to a humanoid robot, just like you know humans can walk around with their arms and legs but we can drive a car, fly a plane, steer a boat, ride a horse, Elon Musk said during his Tesla Bot presentation.

If you have a generalized understanding or if you have generalized real-world AI, which is what were developing for Full Self-Driving, it can be transferred to basically anything, Musk added to emphasize the significance of Artificial General Intelligence (AGI), the goal of Tesla with FSD cars and the Tesla Bot.

Elon Musk thinks that the majority of people today are not able to comprehend the impact of a humanoid that is equipped with generalized AI or AGI.

In his last Tesla Bot presentation at AI Day 2022, Elon Musk explained that the humanoid-to-human ratio can exceed 1:1. He also pressed this at the Shareholder Meeting on Tuesday. He said this ratio can even exceed 2:1 (a human owning 2 robots).

If this happens in the future, the number of humanoid robots will exceed the human population, at least in Musks hypothesis it will. Heres what he said in his talk:

If you have had a generalized humanoid robot, what would be the effective ratio of humanoid robots to humans? Because I think basically everybody would want one and people would want more than one. Which means the actual demand for something like Optimus, if it really works which will, is, I dont know, I mean 10 billion units.

Its some crazy number, it might be 20 billion units if the ratio is 2:1. A number vastly in excess of cars, so my prediction is that Teslas long-term value will be Optimus and that prediction Im very confident of.

There is just one precaution we need to have with AGI and humanoid robots, and that is to not end up with a Terminator scenario.

Now, obviously, we need to make sure that we dont have a Terminator scenario, thats very important. Its all fun and games until Terminator shows up, Elon Musk said.

Let us know your thoughts on humanoid robots and the future of humanity in the comments section below.

Stay tuned for constant Tesla updates, follow us on:Google News|Flipboard|RSS (Feedly).

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Teslas future is the Optimus humanoid robot, not cars predicts Elon Musk - Tesla Oracle - Elon Musk, Tesla, SpaceX News

The Tesla Inc. Gigafactory stands in Shanghai, China, on Friday, Nov. 1, 2019.

Qilai Shen | Bloomberg | Getty Images

Tesla CEO Elon Musk said Tuesday that people ought to be worried about tension between the U.S. and China.

The comments come a year after President Joe Biden said the U.S. would be prepared to defend Taiwan if the Asian island off the Chinese coast were to be attacked. China believes Taiwan is part of its territory.

In an interview Tuesday following Tesla's annual shareholder meeting, CNBC's David Faber asked Musk if he was concerned about "the growing belligerence" between the U.S. and China.

"I think that should be a concern for everyone," replied Musk, who was born in South Africa and became a U.S. citizen in 2002.

Faber asked Musk if China will make a move to take control of Taiwan. "The official policy of China is that Taiwan should be integrated," Musk said. "One does not need to read between the lines."

When asked if China moving to control Taiwan would be bad for Tesla, or other companies, Musk said: "The Chinese economy and the rest of the global economy are like conjoined twins. It would be like trying to separate conjoined twins. That's the severity of the situation. And it's actually worse for a lot of other companies that it is for Tesla. I mean, I'm not sure where you're going to get an iPhone, for example."

Apple announced in September that it had begun assembling the iPhone 14 in India as it sought to reduce manufacturing reliance on China. Tesla manufactures vehicles in Shanghai, and it operates other factories in California, Texas and Germany.

"There are some constraints on our ability to expand in China, and so we're making as many cars as we can," Musk said. "It's not a demand issue."

He said Tesla depend on Taiwan Semiconductor to produce processors. Apple does as well.

Faber asked Musk if he thinks it's inevitable that China would seek to take control of Taiwan.

"That is their policy, and I think you should take their word seriously," Musk said.

WATCH: Tesla CEO Elon Musk on U.S.-China tensions: There is some 'inevitability' to Taiwan situation

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Elon Musk says tension between U.S. and China 'should be a concern for everyone' - CNBC

Elon Musk spent $44 billion on Twitter last year, ostensibly in a bid to preserve free speech, but the CEO's actions appear to have alienated some of the social network's user base, especially women and Black Twitter users.

Six in 10 Americans who used Twitter in the last 12 months have taken a breather of several weeks or more during the year, according to new data(Opens in a new window) from the Pew Research Center.

There are "especially pronounced differences by gender, race and ethnicity" when it comes to those departures, Pew finds. Women (69%) and Black users (67%) are more likely than male (54%), white (60%), or Hispanic (54%) folks to have taken a hiatus from Twitter.

Pew found no significant differences by age or political affiliation when it comes to leaving the platform. Data it released earlier this month, however, noted that political divides have only deepened since Musk took over the platform, with Republican and Republican-leaning Twitter users now more likely to say that Twitter is mostly good for democracy, while Democrats have gone in the opposite direciton.

Pew didn't ask why people took a breather, but it's been chaotic at Twitter in recent months. "These findings come amid debates in the media and even questions posed by Musk himself about whether Twitter is 'dying,'" says Pew Research Analyst Michelle Faverio. "Since Musk acquired the platform, some celebrities have publicly announced their departures from the site and popular accounts have reported abnormally large gains and losses in followers, among other changes."

Those numbers will likely remain in flux as the company welcomes Linda Yaccarino, former head of global advertising and partnerships at NBCUniversal, as its new CEO. Her advertising connections are needed at Twitterwhich lost a host of advertisers last year when Musk stripped down content moderations systems, phased out legacy blue checkmarks, and allowed previously banned users back on the platform.

Pew surveyed people before Yaccarino's appointment, and found that 35% are unsure whether they'll still use Twitter in a year; a quarter plan to quit the platform altogether. Musk isn't going anywhere: he'll stay on as Twitter's chair and chief technology officer.

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People Are Spending Less Time on Twitter Since Elon Musk Took ... - PCMag

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Elon Musk is not shy about sharing his opinion on pretty much everything, recently weighing in on the U.S. housing market. The mega-billionaire Tesla CEO and Twitter owner let it be known that he thinks the housing market is facing a crisis that could be headed for a crash.

See Our List:100 Most Influential Money ExpertsExplore: Demand for Gold is Up. Heres Everything You Need to Know.

That opinion was shared in response to a May 13 tweet from Chen Fang, the chief operating officer of BitGo, a digital asset trust and security company. As The Street reported, Fangs tweet was itself in reply to a couple of previous tweets addressing the high cost of buying a home in many U.S. markets.

Existing people in houses cant afford to sell existing being renting cant afford to buy, Fang said in his tweet. We are stuck in this limbo until the job market crashes and existing people with houses are forced to default on their mortgages sending the real estate market into the next death spiral ????

After seeing Fangs tweet, Musk responded with a tweet of his own that said: Tragically accurate.

Whether or not these doomsday scenarios come to pass remains to be seen. Theres no question that the housing market faces some serious challenges right now. Prices are still historically high, inventory remains low, and mortgage rates have more than doubled over the past couple of years, according to Federal Reserve data.

As GOBankingRates previously reported, a new analysis from the Mortgage Bankers Association (MBA) found that independent mortgage banks and subsidiaries of chartered banks lost an average of $301 per finalized home loan last year. That represented a big shift from the previous year, when loans averaged a $2,339 profit. The 2022 loss was the first since the MBA began reporting the metric in 2008.

The problem has been compounded this year by the banking crisis, which has led to the collapse of Silvergate Bank, Silicon Valley Bank, Signature Bank and Credit Suisse. Many experts and investors expect other banks to follow suit, The Street reported.

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Musk himself weighed in on the crisis back in March, after venture capitalist David Sacks warned that ongoing Federal Reserve interest-rate hikes could hit banks, commercial real estate and government debts. Concur, Musk tweeted in response to those comments, Business Insider reported.

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One side effect of the banking crisis is that financial institutions have tightened up their lending standards, making it even more difficult to get a mortgage.

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This article originally appeared on GOBankingRates.com: Elon Musk Warns of Tragic Housing Crisis and Potential for a Crash

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Elon Musk Warns of Tragic Housing Crisis and Potential for a Crash - Yahoo Finance

Modified May 19, 2023 13:58 GMT

American business magnate Elon Musk is reportedly launching robot wives and is in the final stages of its development. As per The Street Journal, the 51-year-old personality is expected to launch the new technological innovation in September 2023 and will most likely reach Africa by November 2023.

The publication reports that the robot will use batteries to operate, which will last like a menstrual cycle (28-30 days). It will be made so that the battery will last for a month after only three days of charging. Wales Online reports the name of the Tesla bot to be Optimus.

Moreover, if a person wishes to get physically intimate with the robot, it will require a pattern, password, or fingerprint to avoid meddling. However, as of writing the details of the security measures and their implementation are not known.

The publication also claimed the price of Elon Musk's advanced robot to be $3,144. However, that depends on the features and specifications of the gadget.

As per Wales Online, Tesla's new robots have been seen by people walking around an office or workplace and picking up and moving things.

The tech company also said that the bots are now walking around and "learning about the real world."

Tesla also stated about the robots to be:

Reportedly, the robots will weigh 12lb and stand 5 feet 8 inches tall. Previously, Elon Musk talked about robots and said:

After the news about Elon Musk's new Tesla bots went viral, fake pictures of him k**sing a female humanoid started making rounds on the internet.

Shared by a Twitter user named @yashashvi10x, the viral image is a collage of two pictures that are clearly different from each other. The first picture shows Elon Musk wearing a white shirt and black pants while holding the fake robot by its waist. The second one shows the Tesla CEO wearing a black T-shirt while planting a k**s on the girl robot's lips.

The bots in the AI pictures, on the other hand, don't look like the real Tesla bots, which are slow and don't have faces yet.

The Tesla bots were first shown on AI Day in 2022, but they were in a more broken-down form. They could barely walk, much less do anything else. Since then, the bots have advanced a lot.

While speaking about the invention, at the time, Elon Musk said:

Aside from Tesla, Musk is also the CEO of the social media platform Twitter, CEO and chief engineer of SpaceX, founder of Boring Company, and co-founder of OpenAI and Neuralink.

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Fact Check: Is Elon Musk launching Robot Wives? Truth behind the news explored - Sportskeeda