GoKawiilTesla begins Optimus robot production in Fremont as Q3 profit drops 43%
Tesla said it has started manufacturing production-quality units of its Optimus humanoid robot at its Fremont, California plant, previously used solely for EV assembly. The announcement came alongside third-quarter results showing flat revenue of $28.04 billion and net income of $787 million, down 43% year-over-year, as spending on AI and robotics surged.
GoKawiil's interpretation of the reporting above, not reported fact.
The profit decline suggests Tesla is prioritizing long-term bets on robotics and autonomy over near-term earnings, a strategy that could worry investors focused on quarterly performance. Flat EV sales and a decline in the energy storage business indicate Tesla's traditional revenue drivers are losing momentum, increasing pressure on newer ventures like Optimus and Full Self-Driving to eventually offset the slowdown.
- Tesla has begun producing what it calls 'production-quality' Optimus robots at its Fremont factory.
- Q3 net income fell 43% to $787 million despite flat revenue of $28.04 billion.
- Services revenue grew 33% while solar/energy storage revenue fell 16% due to tariff-related refunds.
Source: techcrunch.com — Kirsten Korosec, 2026-10-21
Published there as: “Tesla stars Optimus robot production in California as profit falls 43%”
Read the original report → The summary and analysis above are GoKawiil's own, written from reporting by the source above. Facts and quotes belong to the original publisher.