Tesla

In its Q2 2026 shareholder update and earnings call (July 22, 2026), Tesla confirmed it has decommissioned the Model S/X manufacturing lines at Fremont and is installing first-generation Optimus production lines there, with production expected to start 'soon' and committed to 2026. Tesla stated the first units will not go to customers but into an internal 'Optimus Academy' for training-data collection and further functionality development. Musk cautioned the manufacturing ramp will follow an S-curve whose initial portion is 'quite flat and long' due to the newness of the robot's parts.

• Q2 2026 shareholder deck: 'We have decommissioned the manufacturing lines for Models S & X at our Fremont Factory and are installing the first-generation lines for Optimus, where we expect to start production soon.'
• Initial Optimus builds are designated for Tesla's 'Optimus Academy' for training data collection, not customer delivery.
• Tesla's Outlook section commits to 'production in 2026' for first-generation Optimus.
• On the call, Musk said Optimus will follow a normal manufacturing S-curve but that the initial portion 'will be quite flat and long because of the newness of the parts in the robot.'
• Tesla said Optimus V4 will be built in Austin with more easily produced components, following V3 production at Fremont, with more work brought in-house.
• Tesla reported record Q2 2026 revenue of $28.2B with profit down 57% amid heavy Robotaxi/Semi spending.