Tesla Undergoes Radical Transformation. The electric vehicle pioneer is pivoting towards robotics and artificial intelligence. This bold move marks a significant departure from its core business. Tesla's CEO, Elon Musk, announced the company's strategic shift during its Q4 2025 earnings call. The Fremont, California factory, once dedicated to producing the Model S and Model X, will now focus on manufacturing the Optimus humanoid robot at scale. The ambitious goal is to produce up to one million units annually. This transformation comes as Tesla reported its first annual revenue decline. Despite this, the company's earnings narrowly beat expectations. The luxury EVs, Model S and Model X, have seen a sharp decline in demand. In contrast, the high-volume models, Model 3 and Model Y, now account for most deliveries. The Optimus program, also known as the Tesla Bot, was introduced in 2021. Musk envisions these robots performing hazardous, repetitive, or mundane tasks in factories and homes. Third-generation Optimus designs are expected to begin assembly by the end of 2026, with potential public availability in 2027. Tesla is committing significant resources to this endeavor, with plans to spend roughly $20 billion in capital
Tesla is taking one of the boldest turns in its history, and it's not just about electric cars anymore.More takeaways: See here
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