00:00It's Benzinga bringing Wall Street to Main Street
00:02Tesla CEO Elon Musk outlined plans to expand autonomous vehicles and humanoid robots
00:08while declining to discuss a potential merger with SpaceX, according to the Wall Street Journal.
00:12Musk said Tesla aims to deliver its two-seat cybercab to private and commercial customers
00:18by year-end, claiming it will be sold for less than $30,000.
00:21He expects vehicle production to more than double to $5 million by 2030.
00:25Tesla could also begin shipping its Optimus humanoid robots to outside companies by the
00:30end of 2027, targeting heavy industry and dangerous tasks.
00:34Speculation about a SpaceX merger intensified after Musk confirmed that special committees
00:39are studying the possibility.
00:40Musk said shareholders would ultimately decide on a deal, but acknowledged that securing approval
00:45from half of Tesla's shareholders would be difficult.
00:47For all things money, visit Benzinga.com.
