Tesla CEO Elon Musk said he expects production for Optimus, the humanoid robot, to start around late July or August.

Tesla is confronting a sharp drop in California EV sales, record unsold vehicle inventory, and a slowdown in its energy storage growth, even as it ramps production of its Cybercab robotaxi, invests billions in humanoid robot manufacturing, and builds a ...

Tesla released its 2026 first-quarter financial earnings today, providing another look at the progress of Elon Musk’s $1 trillion bet to transform his company into a leader of AI and robotics.

Tesla (NasdaqGS:TSLA) reported Q1 2026 results that included a rebound in profit and revenue. The company outlined a shift toward AI, robotics, and robotaxi growth, including preparations for an Optimus humanoid robot factory.

Tesla plans to begin preparing its first large-scale factory dedicated to the Optimus humanoid robot in the June quarter. The first-generation line will be designed to make 1 million robots annually.

In addition to financial figures, Tesla’s (TSLA) latest earnings report also brought details about the company's plans for the coming months and years. This includes a strong push into robotics, with Tesla estimating that it’ll eventually be able to produce 10 million Optimus robots per-year at its Texas Gigafactory.

Tesla CEO Elon Musk confirms Optimus production starts late July at Fremont, converting the Model S/X line in four months — but warns output will be 'quite slow.'

US carmaker Tesla turned the Boston Marathon into a live stage for its Optimus

Tesla (TSLA) reported first quarter results on Wednesday after the closing bell. Adjusted earnings per share (EPS) came in at $0.41 (compared to analyst estimates of $0.34), and revenue came in at $22.

Tesla reported higher first-quarter profits Wednesday, topping expectations as it confirmed plans for massive additional investments in autonomous transport, humanoid robotics and artificial intelligence.