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International Business Times UK
International Business Times UK
Business
Niloy Chakrabarti

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

Elon Musk Tesla Inc. United States Fremont Robots
Optimus robots are difficult to produce as they have 10,000 unique parts meant to work together. (Credit: Tesla Instagram)

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 progress frequently.

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