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Elon Musk Says Optimus Production WIll be 'Extremely Slow at First': Tesla Stock Reacts Negatively

Summary by IBTimes UK
Tesla stock price fell by nearly 7.5% on 2nd July, a day after the world's richest person and Tesla chief Elon Musk responded to an X post, highlighting that Optimus production will be slow initially as it is completely different from making a car. X user Doctor Jack theorised that Tesla stopped 'doing a lot of demos' for its Optimus V3 humanoid robot because Musk had mentioned the competition would simply copy Tesla if they revealed their progr…

2 Articles

Although speculation has been circulating on the Internet that Tesla's humanoid robot "Optimus" is being produced faster than originally planned, Elon Musk has denied it. The entrepreneur has revealed that the production of the robots will start extremely slowly, as Tesla must simultaneously develop a completely new production system. It should also be noted that the production process for robots is more complex than for cars. Musk explains that…

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IBTimes UK broke the news in United Kingdom on Monday, July 6, 2026.
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