Optimus
Coverage of Optimus in the Nexus archive.
- Tesla is betting its future on Optimus. Here's what we know about Elon Musk's robot.
Tesla plans to begin production of its Optimus robot soon at the Fremont factory, with Elon Musk emphasizing challenges like intelligence and mass production. Competitors like Agility Robotics and Figure AI are also advancing humanoid robots, while experts question the feasibility of autonomous humanoids in the near term.
- Elon Musk laid out why it's so hard to make Optimus a reality
Elon Musk stated during Tesla's earnings call that building Optimus, a humanoid robot, will be the hardest product to manufacture at scale in Tesla's history due to its complexity, lack of existing supply chains, and challenges in dexterity, reliability, and AI integration. Tesla must develop components in-house and solve technical hurdles to achieve mass production.
- Elon Musk says Tesla should be spending on AI 'as fast as we can'
Elon Musk emphasized accelerating Tesla's AI investments despite potential inefficiencies, leading to a 142% year-over-year increase in capital expenditure to $5.8 billion in Q2. Tesla's aggressive spending on AI infrastructure and new factories resulted in a $1.1 billion free cash flow deficit, with plans to exceed $25 billion in total capex this year.
- Tesla earnings are on deck, and investors will be looking to settle this major debate
Tesla is set to report earnings as investors focus on whether the company can meet expectations for its robotaxi and Optimus initiatives. Wall Street is closely watching to determine if Tesla can deliver on these ambitious plans.
- See inside Tesla's new $62,000 six-seater Model Y L, which has been a huge hit in China and is now on sale in the US
Tesla has launched its six-seater Model Y L in the US, priced at $61,990, after it became a major sales hit in China. The vehicle features three rows of heated seats, a 325-mile range, and a limited-edition 'Launch Series' with free supercharging and Full-Self Driving tech. CEO Elon Musk had previously questioned its US viability due to self-driving car advancements, but deliveries begin in October.
- A $7,999 home robot joins the race to automate household chores
Weave Robotics launched Isaac 1, a $7,999 home robot capable of folding laundry and tidying spaces, generating online buzz as a potential step toward mainstream home robots. The robot, available in pastel colors, offers autonomous operation and remote control, with preorders starting at $449 monthly. Competitors like 1X's Neo and Tesla's Optimus remain priced higher or unannounced.
- Tesla sales smash expectations as it cashes in on sky-high gas prices
Tesla sold 480,126 vehicles in Q2, surpassing Wall Street estimates amid rising gas prices linked to the Middle East war. The company's EV sales growth contrasts with a 27% decline in broader US EV market sales, driven by high fuel costs boosting demand in Europe. Tesla is shifting production toward its Optimus robot and Cybercab robotaxi.
- BYD's Stella Li tells BI she wants to put humanoid robots in every car showroom
BYD executive Stella Li aims to deploy humanoid robots in car showrooms to enhance service, competing with Tesla's Optimus. BYD plans to develop its own robots, emphasizing they won't replace human salespeople but improve customer interaction. The humanoid robot market is projected to grow significantly, with Chinese companies dominating shipments.