All articles tagged with #optimus
Tesla’s stock fell about 13.5% in a single day—the worst drop in years—after Q2 results showed 31 cents per share vs 51 cents expected, even as revenue beat; investors remain wary of large investments in robotics and AI (Robotaxi and Optimus), and the quarter posted negative free cash flow amid broad tech-share declines.
Tesla reported mixed Q2 results: revenue of $28.24B beat expectations of $26.32B, but adjusted EPS of $0.33 and EBITDA of $3.2B missed estimates; cash burn was $-1.09B vs. about $-3.64B expected. The company reaffirmed a capex run rate above $25B for the year as it pushes ahead with Optimus robotics and Robotaxi deployments, while deliveries reached 480,126 in Q2, up about 25% year over year, helping explain the stock’s roughly 10% dip.
Tesla's stock fell after a Q2 earnings miss despite revenue beating estimates; the company also confirmed capex will exceed $25 billion in 2026 as it pursues Optimus, AI data-center expansion, and Robotaxi rollout, even as deliveries rose to 480,126 and free cash flow burned about $1.09 billion.
Tesla reported Q2 revenue of $28.24B (up 26% year over year) and 480,126 deliveries, beating revenue expectations but missing on adjusted EPS ($0.33 vs $0.50) and adjusted EBITDA ($3.273B vs $4.0B). Free cash flow burn narrowed to -$1.09B vs an estimated -$3.64B. Management said Optimus production is on track for later this year and Robotaxi expansion reached seven major metros, with broader rollout planned. The company remains heavy on capital expenditures for Optimus, AI data centers, and Cybercab, weighing on cash, even as auto demand improves, with US EV tax-credit dynamics and Europe/China demand providing mixed signals. After-hours stock fell about 3%.
Tesla is set to report Q2 results with revenue around $26.2 billion (+16% YoY), adjusted EPS about $0.50, and EBITDA near $4.0 billion, buoyed by a 25% jump in deliveries to roughly 480,126 and strong energy storage growth. Growth is supported by a fully ramped Model Y and robust international demand (Europe and China), even as the US tax credit dynamics and price competition shape volumes. However, Tesla’s aggressive capex — including Optimus humanoid robots, data centers, and Cybercab — is driving heavy cash burn, with free cash flow forecast to be deeply negative (around -$3.25 billion) as capex climbs to about $6.7 billion. Investors are weighing whether rapid progress in Robotaxi and Optimus can justify the elevated AI investments and Tesla’s valuation, all while the stock remains down around 16% for the year.
A Texas permit hints that Tesla’s autonomous Cleaning Robot for the Robotaxi and Cybercab fleets is moving toward deployment, while Tesla readies Optimus production by repurposing Fremont lines. The piece also covers Elon Musk’s admission that he was wrong about Anthropic, and SpaceXAI’s agreement with Anthropic for massive AI compute, signaling a broader shift from traditional car manufacturing to robotics and AI leadership across Tesla and SpaceX.
Tesla delivered 480,126 vehicles worldwide in Q2, beating estimates of 396,466 and up about 25% from a year earlier as demand strengthens in China and Europe; BYD led global EV sales with 557,090. Tesla plans to spend over $25 billion this year on growth initiatives including Optimus humanoid robots and autonomous Cybercabs, and its energy storage deployments rose to 13.5 GWh last quarter, up 53% from Q1. Shares fluctuated, slipping after an initial gain.
Tesla produced its last Model S and Model X at its Fremont factory, ending 14-year and 11-year runs for the big cars as the plant will be repurposed to mass-produce Optimus humanoid robots; with only Model 3, Model Y, and Cybertruck remaining in the lineup, the company marked the moment with Signature Edition final cars priced at $159,420.
Tesla has officially ended Model S and Model X production at Fremont to shift capacity toward its Optimus humanoid-robot project, citing years of declining sales; Model 3 and Cybertruck will continue, with a future second-gen Roadster teased. The company issued limited 'Signature Edition' send-offs for the S Plaid (250 units) and X (100 units) at $159,420, though a May 12 delivery event was postponed.
Tesla posted a Q1 profit of $477 million on $22.39 billion in revenue (below expectations) as car sales rebounded; CEO Elon Musk outlined a hefty investment push into self‑driving taxis, humanoid robots (Optimus) and AI infrastructure, with capital expenditure forecast above $25 billion this year, signaling a shift toward services and automation even as traditional EV sales slow and competition heats up.
Tesla posted Q1 revenue of $22.4B (up 16%) and net income of $477M (up 17%), but operating expenses rose 37% to $3.78B, squeezing margins to 4.2% as the company accelerates AI investments in humanoid robots, self-driving tech, and AI chips. Musk signaled a significant capex rise for future revenue, with Model S/X discontinued to make way for Optimus; the Cybercab may eventually replace the Model Y. Q1 deliveries were 358,023 (below expectations of ~370k). Tesla also targets 2026 volume production for Cybercab and Semi and is partnering with SpaceX on a large chip fab, signaling higher capital expenditure for future growth.
Tesla’s Q1 2026 earnings call on April 22 will focus on autonomous tech and growth: unsupervised Robotaxi expansion in Dallas/Houston and broader rollout ambitions, upcoming mass production of the Cybercab, and the European FSD rollout with a timeline for unsupervised driving; investors will watch for updates on FSD versions 14.3 and 15, Optimus, and a hinted new vehicle. The piece also covers the Spring 2026 software update for Intel-based Teslas, detailing features like the Self-Driving app, Hey Grok wake word (limited to HW4), Pet Mode, enhanced visuals, Dashcam upgrades, and rear-screen maps, with many features limited to AMD/HW4 models. Additionally, Tesla has begun hiring FSD Vehicle Operators in nine countries to support a global rollout, signaling an expanded international strategy.
Tesla is on track for an eighth consecutive weekly loss, about 23% down year-to-date, as investors await catalysts such as version 3 of the Optimus robot, robotaxi updates, and a cheaper EV SUV. Q1 deliveries rose 6.3% year over year to 358,023, with an April 22 earnings report expected to shed more light on catalysts; analysts show a Hold rating with an average target of about $392.63, implying roughly 14% upside.
Elon Musk announced Terafab, a massive semiconductor plant to be built in Austin by xAI, SpaceX and Tesla, targeting up to 1 terawatt of output per year. The factory would create an end‑to‑end loop for chip design, masks and testing and produce two main chip types: high‑power chips for Optimus robots and EVs, and space‑grade chips designed to endure harsh space environments. Musk says Terafab aims to accelerate robotics, AI and space initiatives and envisions a future with abundant access to advanced technology and interplanetary travel.
Elon Musk reportedly shifts SpaceX’s focus from Mars to a self-sustaining Moon city, using lunar soil and 3D printing to expand a lunar base and Optimus robots to build infrastructure before humans arrive, with aims for unmanned Starship landings by 2027 and lunar factories/data centers for AI.