Elon Musk Just Told Investors to Be (Really) Patient With Optimus and Robotaxi
3 Articles
3 Articles
Tesla Growth Warning: Elon Musk Admits Production Speed Is Literally Impossible
Elon Musk warned Tesla investors on Thursday that ramping up production of its Optimus humanoid robot and planned robotaxi service will be far slower than many expect, telling the Q1 2026 earnings call that 'it is literally impossible to predict' how quickly the new technologies can be built at scale. Speaking from California, Musk stressed that initial output of both the Cybercab robotaxi and the company's Optimus line would be 'very slow' this…
Elon Musk Just Told Investors to Be (Really) Patient With Optimus and Robotaxi
The post Elon Musk Just Told Investors to Be (Really) Patient With Optimus and Robotaxi appeared first on 24/7 Wall St.. Tesla (TSLA) reported Q1 revenue of $22.39B, up 16% YoY with non-GAAP EPS of $0.41 beating estimates, while planning $25B in 2026 CapEx for Optimus and Cybercab production. Musk reset expectations for Optimus and Robotaxi, signaling slow initial production ramps rather than near-term volume as Tesla converts manufacturing li…
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