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Tesla stars Optimus robot production in California as profit falls 43%

Tesla's revenue was flat and its expenses skyrocketed as it pressed the accelerator on its Optimus robots, AI, and autonomous driving.

Tarun Mottlia

Via TechCrunch

·Excerpt
Tesla stars Optimus robot production in California as profit falls 43%
Image: Image Credits:CFOTO/Future Publishing via Getty Images / Getty Images

Tesla has started production of its Optimus humanoid robot at its factory in Fremont, California, a manufacturing space once dedicated to making electric vehicles, the company announced Wednesday.

“The bots coming off this line are the first production-quality bots that we have manufactured,” Tesla wrote in its third-quarter letter to shareholders. “While we will continue to iterate on the hardware and manufacturing process, we have proven that the current manufacturing process for Optimus is suitable for a commercial product.”

That…

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