Tesla CEO Elon Musk confirms Optimus production starts late July at Fremont, converting the Model S/X line in four months — but warns output will be 'quite slow.'

Tesla is ramping up Optimus V3 production while Elon Musk keeps key robot upgrades secret to prevent competitors from copying the technology.

Tesla CEO Elon Musk said he expects production for Optimus, the humanoid robot, to start around late July or August.

Tesla (TSLA) reported first quarter results on Wednesday after the closing bell. Adjusted earnings per share (EPS) came in at $0.41 (compared to analyst estimates of $0.34), and revenue came in at $22.

Tesla Inc. TSLA CEO Elon Musk on Wednesday accused rivals in the Humanoid Robot space of copying the EV giant’s robotics technology. Frame-By-Frame Analysis During the earnings call with investors, Musk was asked about the progress of the next generation of Optimus robots.

In addition to financial figures, Tesla’s (TSLA) latest earnings report also brought details about the company's plans for the coming months and years. This includes a strong push into robotics, with Tesla estimating that it’ll eventually be able to produce 10 million Optimus robots per-year at its Texas Gigafactory.

Tesla’s and CEO Elon Musk’s Optimus robot dreams may soon be a reality. Tesla said in its Q1 earnings report that preparations for the company's first large-scale Optimus fact

Elon Musk says Tesla is holding back its next-generation Optimus robot to avoid competitors copying its technology. As China showcases rapid advances in robotics, from sports to humanoids, Tesla is quietly preparing for mass production,

The company has work to do to justify its valuation.