Tesla’s Retro Diner and Robot Waitstaff Debut as Q2 Earnings Disappoint
Elon Musk has just opened a new retro-themed diner in West Hollywood, with robot servers serving you while wearing what Musk describes as "cute outfits".
This much anticipated diner has gained the attention of fans, who have attracted long queues. The 24/7, two-storey restaurant can seat over 250 guests, with a menu which includes burgers, fries, cookies, and fountain drinks.
But Musk's new restaurant has sparked some debate for its pricey menu, with its Burger being the most expensive item on the menu, costing $13.50. With fries and drinks, this could end up costing $21.50.
Grok, the AI chatbot built into X, replied to an X user who asked the chatbot to compare the prices of food at Tesla Diner to other similar restaurants, where Grok said
"Tesla aligns with upscale diners but pricier than budget chains"
The Tesla Optimus robot is currently only serving popcorn to its customers, but Musk has teases on his X that the robots will be bringing foot to your car next year.
Elon Musk teased that the robots would be dressed in “cute” uniforms and would be able to bring the food to the customer's car. But for now, the Tesla Optimus robot is only serving popcorn.
“We’ll go from a world where robots are rare to where they’re so common that you don’t even look up.”
Tesla's Q2 Earnings Dip
Despite the fanfare, the company’s shares closed the after-hours session at $317.80, down nearly 5%, as Q2 financials showed a 16% year-on-year decline in automotive revenue and a 12% drop in overall revenue.
As a bellwether for Big Tech’s “Magnificent 7,” Tesla’s performance is closely watched for signs of broader tech sector sentiment.
Despite the poor earnings result, Tesla’s Bitcoin funds was experience some growth with the total value of its Bitcoin holdings reaching $1.23 billion following the recent Bitcoin rally.
Tesla currently holds 11,509 BTC, worth about $1.36 billion, ranked as the 10th largest public company in terms of Bitcoin reserves.
CFO Vaibhav Taneja, nicknamed “DevOps Ninja” by Musk, noted that a positive mark-to-market adjustment drove other income to $284 million, up from a Q1 loss—highlighting the volatility tied to Bitcoin’s price moves.
For now, Musk will continue to position Tesla at the intersection of AI, robotics, and innovative consumer experiences, from robotaxis to robotic waitstaff.