Tesla’s First Production-Quality Optimus Bots Roll Off Fremont Line
Tesla says early Optimus production is underway on its high-volume Fremont line, with the first production-quality bots coming off a commercially viable process.
Latest
Topic · 9 stories
Tesla says early Optimus production is underway on its high-volume Fremont line, with the first production-quality bots coming off a commercially viable process.
Tesla reports Q3 after the bell with strong deliveries behind it and Wall Street focused on negative free cash flow, Cybercab economics and Optimus revenue.
Tesla and SpaceX have each formed a committee of independent directors to explore a possible merger, while Elon Musk says he supports the idea but remains outside the talks.
Tesla delivered 486,532 vehicles in Q3, beating its company-compiled consensus by 24,558 as deliveries outpaced production by 22,141.
Tesla's 10 millionth vehicle is a Model Y built at Fremont—the same factory that produced the company's one-millionth car just six years ago.
Tesla reported 480,126 second-quarter deliveries, crushing an analyst consensus that sat more than 15 percent low. Here are the official numbers and how far off the estimates were.
Tesla's company-compiled analyst consensus points to a delivery rebound off a soft first quarter, with energy storage looking like the brighter growth lane.
Analyst Alexander Potter's updated 17-product-line framework values Tesla at roughly $400 per share before assigning any value to the humanoid robot program.
A new Tesla stock price target of $550 has Wall Street buzzing. Read more at WeTalkTesla.