Tesla Expands Humanoid Robot Supply Chain Audits in Yangtze Delta; 2x Long ETF Up 4%
On September 22, the CSOP 2x Long Tesla ETF (07766) rose more than 4%, trading at HK$88.98 as of press time, up 4.34%, with turnover of HK$363,800.
The gain corresponded to progress in Tesla's humanoid robot supply chain. According to market media reports, Tesla is advancing a new round of supplier audits for its humanoid robot supply chain in China's Yangtze River Delta.
Several component manufacturers that had already entered Tesla's automotive supply system have obtained Optimus-related orders. The audits cover Ningbo, Hangzhou, and Shanghai, with a focus on evaluating the quality, compliance, and mass-production capability of relevant production lines.
Supply chain sources said that after passing the audits, companies will quickly move into the production stage.
A key feature of this round of auditing is that it is not aimed at potential suppliers, but at companies that have already received Optimus orders. These companies had previously entered Tesla's automotive supply system and already have a foundation for cooperation with Tesla in automotive parts.
Tesla gave them orders for robot components and then uses the audits to confirm whether their production lines can meet mass-production requirements. The audits cover Ningbo, Hangzhou, and Shanghai, three areas where the Yangtze River Delta's automotive parts industry is relatively concentrated.
The audits focus on quality, compliance, and mass-production capability. Supply chain sources said that after passing the audits, companies will quickly enter the production stage. This pace shows that Tesla's mass-production preparations for Optimus have advanced to the stage of supply chain implementation.
This year, Tesla has continued to push its robot manufacturing capability toward mass production. According to reports, Tesla had previously decided to adjust part of the capacity at its Fremont factory and put more manufacturing resources into Optimus.
The audits of Chinese suppliers extend directly to core component production lines. The actual production and delivery after passing the audits will determine how quickly orders move from early-stage introduction to scale supply.
Fremont is the factory where Tesla first produced the Model S and Model X. Adjusting part of its capacity for Optimus shows that Tesla is transferring resources and experience from automotive manufacturing to its robotics business.
A research note from GF Securities previously disclosed Tesla's Optimus production pace guidance: 150 units per week in July, 300 per week in August, 1,000 per week in September, and 2,500 per week by the end of the year. According to the plan, Tesla will roll more than 10,000 Optimus units off the line in 2026.
The supply chain audits and capacity adjustments are advancing simultaneously, corresponding to the execution of this mass-production timetable. The gain in the 2x long Tesla product reflects the market's pricing of progress in Tesla's robot business.