Tesla is repurposing its Fremont factory to manufacture Optimus robots, which can learn tasks by watching humans. CEO Elon Musk aims to transform Tesla into a technology-driven company. Optimus Gen 3 can perform fine motor skills like tearing paper towels and catching objects. Musk plans to produce 1 million Optimus bots per year, but production won’t start until the end of the year. Tesla’s market cap is $1.6 trillion with a forward P/E of 202, but the potential for Optimus remains uncertain. Investors should be cautious before buying Tesla stock based on Optimus hype.

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