Tesla has debuted a new humanoid robot with the help of CEOElon Musk, who said he believes the technology could change millions of lives worldwide.

Musk, 51, took the stage at AI Day 2022 Friday to help unveil a prototype of the robot, also known as Optimus, which uses Tesla’s self-driving technology to function, according toCNNandCNBC.

“The robot can actually do a lot more than we just showed you,” Musk added, per CNN’s report. “We just didn’t want it to fall on its face.”

Musk claimed the robot will have the potential to help “millions” and provide “a future of abundance” where poverty does not exist and where people can have whatever they please “in terms of products and services,” according to CNBC, though he did not appear to elaborate.

“It really is a fundamental transformation of civilization as we know it,” Musk said.

Tesla teased the project at AI Day 2021 with a person dressed as a robot, who pranced around on the stage.

“Last year was just a person in a robot suit,” Musk said prior to Friday’s big reveal, according to CNN. “We’ve come a long way. Compared to that, it’s going to be very impressive.”

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Customers may be able to purchase an Optimus robot within three to five years, Musk added.

When it does hit the market, Musk believes the robot will “probably” cost around $20,000, according to CNN.

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tesla plant

The robot reveal comes as Twitter sues Musk in an attempt to compel him to buy the company for $44 million, as promised. The billionairereneged on the dealshortly before the lawsuit was filed in July.

In their counterclaims, Musk’s team suggested that Twitter had a “scheme to mislead investorsabout the company’s prospects” and claimed the company “was miscounting the number of false and spam accounts on its platform” as part of the plan.

Twitter Chairman Bret Taylor called Musk’s claims about the company “factually inaccurate, legally insufficient, and commercially irrelevant” in a tweet posted after the filing was submitted.

In early August, Musksold 7.92 million sharesin his electric car company worth about $6.9 billion, CNBC previously reported.

The news came less than four months after Musk said he had “no further” plans to sell stock in the company on April 28 after selling $8.2 billion worth of shares.

Nearly all of Twitter’s shareholders (98.6%) voted to approve the sale of Twitter to Musk in mid-September, according toNPR. The buyout was approved at the price of $54.20 per share.

source: people.com