TESLA STARTS OPTIMUS ROBOT PRODUCTION IN CALIFORNIA AS PROFIT FALLS 43%

Summary from the TLDR newsletter

Tesla has started production of its Optimus humanoid robot at its factory in Fremont, California. While the company admits there is still more work to be done before the robot is fully safe and reliable, it says it has proven that the current manufacturing process for Optimus is suitable for a commercial product. Elon Musk says Tesla will be able to make 20,000 units per week by the end of 2027. Tesla's profits fell 43% in the third quarter due to heavy investments in its Optimus robots, AI, and autonomous driving.