Finally, Musk said Tesla is on track to have thousands of autonomous humanoid robots (called Optimus) working in its factories by year-end. He also informed analysts that the company aims to scale Optimus production to one million units per year by 2029, and he previously stated that a commercial launch is possible in the second half of 2026.

Tesla’s (TSLA) profit in the first quarter of 2025 plunged a stunning 71 percent, as sales dropped 9 percent from the year-ago period. Despite the sales decline — and the possibility of more to come — the electric vehicle maker’s stock actually rose after the report,

Tesla's profits fell 71% over the first three months of this year, a company earnings release on Tuesday showed. The company's performance fell short of analysts' expectations. Total revenue decreased by 9% from one year earlier,