The Optimus robot weighs 154 pounds and is going to be produced where the Model S and X vehicles were made.

Elon Musk is aggressively transitioning Tesla from electric vehicles to humanoid robotics. The company is even discontinuing legacy models to make room for Optimus production. But the stock's prohibitive valuation may give investors pause before buying.

The electric automaker’s shares fell in after-hours trading as earnings missed estimates.

Tesla's 26% boost in revenue wasn't enough to offset rising operating expenses and capital expenditures as it pushes to launch a new generation of products.

Tesla CEO Elon Musk said his Optimus robot will be the "first" robot capable of carrying out generalized tasks and being "genuinely useful" in day-to-day life, despite falling behind schedule. He said

Musk told investors Optimus has no existing supply chain and every part is new, as Tesla quietly dropped mass production language from its earnings deck

Agility Robotics is opening a 60,000-square-foot facility to train its humanoid robots in Fremont, California, just up the highway from the factory where Tesla is expected to start manufacturing its Optimus robots this year.

Tesla is spending big on the future. Will it pay off?

A growing number of robotics companies now have a footprint in Fremont, which sits at the intersection of Silicon Valley talent and manufacturing.

Tesla’s stock has its worst drop in a year after the company’s earnings call leaves Wall Street with more questions than answers.