Tesla Motors stock dropped 1%, erasing earlier gains. Tesla raced to a three-year high of $404.80 in early trading on Monday.
Bank of America's John Murphy thinks Optimus development poised to accelerate. He noted that Tesla (TSLA) currently plans to have 1K Optimus robots by the end of 2025, largely in its plant. With more robots in use, training is expected to accelerate.
Murphy pointed out that while Optimus accounts for only a single-digit percentage of TSLA’s compute, BofA expects the resources available for Optimus will grow as the robotaxi technology matures. "This will drive an acceleration in the capabilities of Optimus, and ultimately lead to increased production in 2026+, thereby helping drive costs down," he wrote. The Optimus opportunity is seen potentially benefiting from more capital via an equity raise to fund greater compute capacity.
