As Tesla continues to showcase its humanoid robot Optimus in increasingly public settings, from the Boston Marathon to a Hollywood diner launch, CEO Elon Musk is finally outlining when the product could reach the real world—and what it will realistically be able to do at first.

The acquisition comes after Tesla said new spending will go toward AI-related initiatives involving its robotaxi service and its Optimus humanoid.

Tesla is ramping up Optimus V3 production while Elon Musk keeps key robot upgrades secret to prevent competitors from copying the technology.

Tesla released its 2026 first-quarter financial earnings today, providing another look at the progress of Elon Musk’s $1 trillion bet to transform his company into a leader of AI and robotics.

The stock market loves a clean story — growth company, value play, or cyclical rebound. Tesla (NASDAQ:TSLA) used to fit neatly into the first category: the high-octane EV disruptor rewriting the auto industry.

Tesla reported higher Q1 revenue and profit but unveiled a record $25 billion capital expenditure plan for 2026, up from prior guidance of $20 billion, to accelerate its AI, robotics, and autonomous vehicle ambitions. The spending surge will fund projects ...

The automaker said demand for its vehicles has rebounded from recent declines.

Tesla Inc. anticipates billions of dollars in additional spending this year to support Elon Musk’s ambitions to transform the electric-vehicle pioneer into an AI and robotics company.