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CEO Elon MuskCNBC
•68% Informative
Tesla CEO Elon Musk said humanoid robots could lift the company's market cap to $25 trillion .
The entire value of the S&P 500 currently stands at $45.5 trillion , according to FactSet .
As of Thursday 's close, Tesla had a market cap of about $580 billion .
He said that, when it comes to humanoid robots, other companies, including tech startups, are going after the market. Competitors include Boston Dynamics , Agility , Neura and Apptronik . "What really matters is, can we be much faster than everyone else and our product be done a few years before theirs and be better," Musk said..
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