Overview
- Milan Kovac departed Tesla effective June 6 after nearly a decade with the company, most recently serving as vice president and head of the Optimus humanoid robot program.
- Ashok Elluswamy, vice president of Tesla’s AI software division and leader of the Autopilot teams, took over oversight of the Optimus project immediately.
- Musk has forecast that Tesla will produce thousands of Optimus robots in its factories by December 2025, aiming to scale the line faster than any previous product.
- In April, Musk indicated that China’s export restrictions on rare-earth magnets have constrained the Optimus production ramp.
- Analysts note Tesla’s valuation hinges on the success of its autonomy and Optimus initiatives as the automaker intensifies its focus on robotics and self-driving technology.