TNB Tech Minute: Musk Says Tesla Aims to Sell Humanoid Robots In Late 2027

0.031 - 13.415 Julie Chang

Here's your afternoon TNB Tech Minute for Thursday, January 22nd. I'm Julie Chang for The Wall Street Journal. Elon Musk plans to start selling humanoid robots to the public by the end of 2027.

14.216 - 24.975 Elon Musk

That's when we are confident that it's very high reliability, very high safety, and the range of functionality is also very high. You can basically ask it to do anything you'd like.

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Musk spoke earlier today at the World Economic Forum in Davos, Switzerland. His EV company, Tesla, currently has Optimus robots performing basic functions. Musk said he expects them to start handling more complex factory tasks by the end of this year.

40.171 - 60.143 Julie Chang

The billionaire typically isn't shy of providing public timelines that can shift. He also said Tesla plans to make self-driving robo-taxis widespread across the U.S. this year. And at SpaceX, he said the company hopes to demonstrate this year that both the Starship rockets booster and spacecraft can be reused.

60.697 - 85.557 Julie Chang

Shares of crypto infrastructure firm BitGo opened nearly 25% higher in its New York Stock Exchange debut today. It marks the first major test for digital asset company IPOs since the sector's market downturn late last year. Priced yesterday at $18 a share, the offering valued BitGo at over $2 billion and raised nearly $213 million by selling just under 12 million shares.

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The stock opened today above $22. BitGo revealed its financials in a filing last week. The company has been profitable. It generated more than $4 billion in revenue during the first six months of 2025, a significant increase from a little over $1 billion a year earlier. And Autodesk plans to cut about 1,000 jobs, or roughly 7% of its workforce, as part of a global restructuring plan.