Tesla officially announced on Wednesday night via Weibo that the company's second-generation humanoid robot, Optimus, will be unveiled at the 2024 World Artificial Intelligence Conference held in Shanghai from July 4th to 7th, "witnessing the re-evolution of humanoid robots."

Although the Cybertruck is not new to China, as it has been touring the country since earlier this year, Tesla will showcase its second-generation Optimus humanoid robot at its booth, which is expected to attract more visitors.

It is reported that the second-generation Optimus, released in December last year, has made significant progress in mobility and functionality. It is equipped with actuators and sensors designed by Tesla itself, including a neck with a 2-degree-of-freedom (2-DoF) drive, and its walking speed is 30% faster than its predecessor.

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Despite Tesla only starting the development of Optimus about two years ago, the company has already begun integrating humanoid robots into its manufacturing process. Last month, Tesla announced the deployment and integration of two Optimus robots at one of its factories.

This news stimulated Tesla's US stock to continue its six-day winning streak on Wednesday, with the highest intraday increase approaching 7.5%, which later narrowed to around 5.6%, closing at $244.29. If the upward trend can be maintained, Tesla will achieve a seven-day consecutive increase, and the stock has risen by more than 38% in the past month.

Musk said at the shareholders' meeting held last month that he believes Optimus will bring huge profits to the company. He said that the valuation of Optimus may have been overlooked because Tesla has the capacity to produce about 100 million Optimus robots per year. Musk said that the price of Optimus will be lower than that of cars, and if Tesla has a 10% market share, and each robot is sold for $20,000, Tesla can earn a profit of $1 trillion per year in mass production.

There are already two Optimus robots in use at the Fremont factory, and starting next year, Tesla will have more than 1,000 or several thousand Optimus robots working at Tesla. Based on the above indicators, Musk said that Tesla has the potential to become a company ten times more valuable than the current most valuable company. Currently, Apple and Microsoft's market value is about $3.3 trillion, which means Musk implies that Tesla may be worth more than $33 trillion in the future.

He said that in the future, "almost everyone" will have robots, and these robots will be able to do household chores such as taking care of children and factory work. "I think the ratio of robots to humans will be at least two to one... one to one is for sure," he said.

On Tuesday, Musk even said that once Tesla completely solves the autonomous driving problem and mass-produces Optimus robots, anyone who still holds a short position will be eliminated, even Bill Gates is no exception.

In addition, Morgan Stanley said in a recent report that a major transformation is taking place in the field of robotics, and it is expected that 8 million humanoid robots will be created by 2040. Tesla will provide momentum for this transformation and benefit from it.Morgan Stanley points out that the trend towards robots is happening faster than the adoption of self-driving cars, with a larger scale of capital expected to be invested in the development of humanoid robots. "We believe the opportunity for humanoid robots is greater than that for self-driving cars, with faster adoption rates, and we will see a larger amount of capital supporting it. Tesla is at the center of this theme," Morgan Stanley stated in its report.

Based on the global labor market of $300 trillion, Morgan Stanley's model forecasts that by 2040, humanoid robots will reach 8 million units (with a wage impact of $357 billion), and by 2050, they will reach 63 million units (with a wage impact of $3 trillion). Morgan Stanley indicates that this staggering number will significantly affect global wage levels.