Tesla has begun initial production of its humanoid robot ‘Optimus’ at its U.S. factory in Fremont, California, where it previously manufactured electric vehicles. The plan to dismantle the production lines for high-end electric vehicle models S and X and instead produce robots has now moved into actual manufacturing.

Tesla and Meta fail to excite the stock market.

Operating income fell 56%, to $718 million, as operating expenses rose 39%.