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.

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.

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.

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.

The National Highway Traffic Safety Administration said that the recall includes certain Cybertrucks with a model year between 2024 and 2026.

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.

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.