Elon Musk, the former head of the Department of Government Efficiency, made the bold claim that Tesla’s Optimus robot would solve world poverty and allegedly improve global healthcare.

It was reported that the former government official’s company’s net profit reportedly tumbled by almost 37% in September, while its revenue appeared to have increased by 12% after the Trump Administration ended the electric vehicle tax credit last month. It was reported by The Nightly that Musk shrugged off the profit fall and has since dedicated himself to his self-driving cars and the Optimus robot.

Musk boasted that he might be ready to unveil a third version of the dancing robot by the first quarter of 2026. “Optimus is likely to be or has the potential to be the biggest product of all time,” said Musk.

Optimus Primed 

“We believe with Optimus and self-driving you can create a world where there is no poverty, and everyone has access to the finest medical care,” added Musk. “Optimus would be an incredible surgeon. Imagine if everyone had access to an incredible surgeon.”

Musk also stated that he expects Tesla to begin selling self-driving robo-taxi rides without Tesla employees acting as safety drivers by the end of the year. According to the report, Tesla is allegedly planning to offer robo-taxis in eight to 10 other U.S. metro areas by the year’s end as well.

Despite the promise of these fully automated rides, Tesla is reportedly being vastly outpaced by Alphabet-owned Waymo, which has driven more than 100 million fully automated public rides across the U.S. with plans to extend into Japan and UK. “Really, we’re only just beginning to scale full self-driving and robotaxi and fundamentally changing the nature of transport,” Musk commented.

“I think people just don’t quite appreciate the degree to which this will take off, honestly, it’s going to be like a shockwave,” he added. According to Musk, Optimus could possibly generate $10 trillion in revenue for the company’s investors as Tesla stock saw a surge of 84% over the last six months.

DON’T MISS:

While Tesla management did not provide any sales guidance to The Nightly, however, it was noted that they encouraged shareholders to back the $1 trillion pay package for Musk. During an earnings call, Musk insisted that he didn’t “feel comfortable building that [Optimus] robot army if I don’t have at least a strong influence.”

According to reports, Tesla shares fell three percent in the after-hours market on Wall Street after Musk’s comments were offset by evidence of the ever-sliding profit margins of the EV leader. Reports also show that earnings share fell from 37 per cent to 39 cents to place the stock around 280 annualized profits.

Tesla’s gross profit margin was 18% which was down 1.85 per cent versus the prior quarter. The slump was blamed on rising costs and lower tax credits.