Musk at Baron: Tesla will probably rent Optimus, not sell; build cost $20–30k
At the 33rd Baron Investment Conference he also said ~5× human productivity and outside deliveries around end-2027; no rental price set.
Why it matters
At Baron Capital’s Nov 6 conference Elon Musk said Tesla will “probably rent” Optimus humanoid robots rather than sell early units, keeping fleet control and recurring revenue. He put manufacturing cost near $30,000 trending toward $20,000 and claimed a floor of about five times average human weekly output via continuous operation, with outside deliveries eyed for late 2027. Primary clips circulated from Nic Cruz Patane; Not a Tesla App filed a write-up at 20:09Z. No rental price was announced. Treat as strategy talk until Tesla publishes terms or a pilot customer.
Key facts
- Baron Investment Conference, 2026-11-06
- “Probably rent” Optimus rather than sell early units
- Build cost ~$30k → ~$20k; ~5× human productivity claim
- Outside deliveries eyed end-2027; no rental price
- Primary clip Nic Cruz Patane 18:46:02Z; NATA 20:09Z