Guotai Haitong: Optimus begins pilot production of prototypes; physical AI is expected to accelerate breakthroughs

Guotai Haitong released a research report stating that in its Q3 2026 earnings report, Tesla said that production work on the Optimus humanoid robot has begun, and the first batch of Optimus robots meeting mass-production standards has officially rolled off the line. Wang Xingxing of Unitree Robotics judged that physical AI has now shown signs of being cracked, very likely within the next 1-2 years or 2-3 years.