SES AI Corporation (NYSE:SES) Q3 2024 Earnings Call Transcript October 31, 2024
SES AI Corporation misses on earnings expectations. Reported EPS is $-0.09 EPS, expectations were $-0.05.
Operator: Good afternoon. Thank you for attending today’s SES AI Third Quarter 2024 Earnings Release and Call. My name is Shana, and I’ll be your moderator for today. [Operator Instructions] I’d now like to turn the conference over to our host, Kyle Pilkington, Chief Legal Officer. Kyle, you may proceed.
Kyle...
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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.
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At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.
Do the math. According to Musk, this technology could be worth $250 trillion by 2040.
Put another way, that’s roughly equal to:
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Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.
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