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Elon Musk said Tesla has updated its Fremont production line for the discontinued Model S and Model X to produce Optimus humanoid robots, with the company aiming to eventually build 1 million units.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Tesla CEO Elon Musk said Tuesday that the company's Fremont, California production line
00:08for the discontinued Model S and Model X has been updated to produce Optimus humanoid robots.
00:14In a post on X, Musk shared a photo from the facility on X and said he was walking the
00:20Optimus production line. Musk said Tesla aims to produce one million Optimus robots.
00:25In an interview with influencer Herbert Ong, Tesla VP of Vehicle Engineering Lars Moravi
00:31said the first production line has arrived and installation has begun.
00:36Moravi said the line's modular design could allow a quick ramp because Optimus is smaller
00:41than a car. Tesla shares rose 1.65% to $418.62 in pre-market trading Wednesday.
00:50For all things money, visit Benzinga.com.
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