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Original headline: Elon Musk Hints at Exciting New Capabilities for Tesla’s Optimus Robots
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Related tickers and likely impact
TSLA
▲ Likely positiveTesla, Inc.
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.4T |
| Close on 10/21/2026 | 386.47 |
| Change that session | +3.41% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Elon Musk says Tesla's Optimus robot needs to learn like a toddler
Elon Musk said on Tesla’s earnings call that Optimus humanoid robots must learn through self-play at scale, since Tesla lacks the vast car fleet that supplies training data, likening this to how a toddler learns to navigate the world by playing. Tesla cut its 2026 capex outlook to about $20 billion from $25 billion as it prioritizes usable humanoids. Optimus V3 production began at Fremont in the summer after Model S and Model X output ended there, with about 1,000 Gen 3 units already operating on the production floor. William Blair analyst Jed Dorsheimer said Musk pushed the timeline for a 1 million-unit weekly run-rate to over a year, with first applications in dangerous industrial settings by the end of 2027.
- Tesla to Begin Full Production of Optimus Robots in Late 2027 at the Earliest, Elon Musk Says
- Elon Musk Says He'd Be 'Stunned' If Any Robot Rivals Optimus At Launch: Gene Munster Calls It A Tesla 'Call Option' With 'Massive Value'
On Tesla's third-quarter earnings call, Elon Musk said some humanoid robot demos rely on pre-programmed tasks and that a non-scripted Optimus video is due in a few months. He said the first customers are likely industrial firms with deliveries around the end of next year, and that reaching 20,000 units a week at the Fremont line will take at least a year. Musk said he would be 'stunned' if any rival robot were remotely competitive with Optimus when deliveries begin. Deepwater Asset Management's Gene Munster said most investors still see Optimus as optionality, but a 'call option' with massive value. Tesla's Q3 revenue was $28.05 billion, flat year over year and above the $27.88 billion consensus, and adjusted EPS of 48 cents beat the 43-cent estimate. Shares closed up 3.41% at $386.47 on Wednesday and fell 3.32% to $373.65 in extended trading after the results.
- Elon Musk Says Optimus, Cybercab Will Be ‘the Vast Majority’ of Tesla’s Value
Tesla CEO Elon Musk said on Sunday that the Optimus humanoid robot and Cybercab will account for the vast majority of Tesla's value, positioning robotics and AI as the core of the long-term story rather than cars. The post came days before Tesla's third-quarter report, due after the close on Oct. 21, when analysts expect earnings per share of $0.43 on revenue of $27.90 billion. Musk also named super intelligence, robots, solar power and mass-to-space as the areas that can scale the most, and said the Roadster stays in the plan because it is 'super cool'. Tesla has begun limited public Cybercab service, with Austin among the markets. Investors will be watching automotive gross margin after Tesla reported third-quarter deliveries of 486,532 vehicles, and energy storage margins after a steep second-quarter drop that followed deployments of 13.7 GWh.
- TSLA Stock Reverses After-Hours Gains As Tesla Cuts Full-Year Capex Guidance To $20B, Musk Tempers Optimus Timeline
Tesla shares reversed after-hours gains and were trading about 4% lower after the company cut its full-year capital expenditure guidance to roughly $20 billion from more than $25 billion. Revenue of $28.0 billion missed the $28.3 billion estimate, while adjusted EPS of $0.48 beat the $0.45 forecast; both declined from a year earlier. Tesla secured capacity to borrow up to $30 billion but does not plan to draw on it this calendar year, and ended Q3 with free cash flow over $1.5 billion and more than $45 billion in cash and investments. Musk said Optimus production has begun in Fremont, but reaching 20,000 units a week could take at least a year, while the company plans to bring Cybercab to Dallas next and sees a path to charging $0.30 per mile for robotaxi rides. TSLA stock has dropped 14% year-to-date.
- Musk's wants to merge SpaceX and Tesla: Here's what to know
Musk said SpaceX and Tesla have formed special committees to study a merger, which would be worth about $3.5 trillion combined and would be the largest corporate deal in history. SpaceX, valued at about $2 trillion after a record listing this year, absorbed Musk's AI startup xAI in February, while Tesla is valued at about $1.5 trillion. Musk holds about 82 percent of SpaceX's voting power but only about 20 percent at Tesla. Dan Ives puts the odds of a deal at 90 percent by early 2027, though Musk called the requirement of a majority of all Tesla shares 'quite a high hurdle'. Loyal retail investors hold an estimated 25 to 27 percent of Tesla shares, and legal obstacles appear slight because both companies moved their incorporation to Texas from Delaware.
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