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Tesla Stock Rises on Optimus Robot and Cybercab Timeline Reveals

Tesla Stock Rises on Optimus Robot and Cybercab Timeline Reveals

Author:

Global Cryptocurrency

Published:

2026-01-23 12:21:02

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BTCCSquare news:

Tesla shares gained over 3% following CEO Elon Musk's announcements at the World Economic Forum in Davos. The electric vehicle maker revealed concrete timelines for its Optimus humanoid robot program, targeting consumer sales by late 2026 pending safety approvals. Currently deployed in Tesla factories for basic tasks, the robots are expected to handle complex operations by end-2025.

Musk also outlined production plans for Cybercab robo-taxis, forecasting a slow start in 2026 before rapid scaling. These developments come as Tesla faces consecutive years of declining vehicle deliveries, with investors apparently rewarding the long-term automation vision despite near-term challenges in Core automotive operations.

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