Tesla chief Elon Musk said in a call with investors on Wednesday that his team is “on the cusp of something really tremendous” with Optimus, the humanoid robot that it’s been working on since 2021.

Tesla’s energy-storage and -generation business has been on the rise — and the company doesn’t think it will slow down anytime soon.

The Elon Musk–led EV company is set to recall more than 13,000 cars built between March and August 2025 due to a battery issue that can cause a sudden loss in propulsion while driving. The National Highway Traffic Safety Administration (NHTSA) estimates that roughly one percent of those vehicles are affected.

Tesla posted record quarterly revenue but its profit came in below Wall Street's expectations. The stock fell 4% after hours during the analyst call.

Tesla said on Thursday it is recalling 63,619 Cybertrucks over software that makes the front parking lights too bright, potentially impairing oncoming drivers' vision. It said an over-the-air software update has been released to the fix the issue at no charge for the Cybertrucks built between November 13,

Tesla, the car company run by Elon Musk, reported Wednesday that it sold more vehicles in the past three months after boycotts hit hard earlier this year, but profits still fell sharply.

The once-private network is now almost fully public. Eighteen non-Tesla brands can now charge at Superchargers, with more to follow. Here's how we got here.

That pay package, according to Tesla, will keep Musk focused and committed to the company, and it’s contingent on unprecedented and unrealistic milestones that no other executive would be able to achieve for the business.

Tesla said Wednesday that its profit sank in the third quarter after it cut car prices to lift sales. Profit fell to $1.4 billion from $2.2 billion a year earlier, a drop of 37 percent, the company said. Sales rose to $28.1 billion from $25.2 billion.

At 5:30 p.m. ET on Wednesday, Oct. 22, Tesla will hold a live call discussing the financial quarter for investors. Investors can tune into the call by clicking the "Listen" icon under the "Webcast with Q&A" tab on the investor site. In the call, Tesla leaders will discuss the company’s financial and business results and outlook.