Elon Musk says copycats are why Tesla can't unveil Optimus sooner

Tesla expects to start production of Optimus, its humanoid robot, later this year. Costfoto/NurPhoto via Getty Images Tesla hopes to unveil the latest version of its Optimus robot around late summer of this year. Elon Musk said he wants to push the date closer to the start of production because of competitors. Tesla said it's making two factory lines in California and Texas for Optimus production. Elon Musk wants to show off the goods — but not to nosy rivals. During Tesla's Q1 earnings cal...

Tesla boosts spending plan to $25b in AI, robotics push

Tesla anticipates billions of dollars in additional spending this year to support Elon Musk’s ambitions to transform the electric-vehicle pioneer into an AI and robotics company. Capital expenditures this year will exceed $25 billion, the company revealed Wednesday, roughly three times last year’s outlay. The planned investment is up from a prior forecast of around $20 billion. “You should expect to see a very significant increase in capital expenditure,” Musk said on a conference call after Tes

By The Korea Herald

Tesla signals over $25B 2025-2026 CapEx as it targets Optimus production by late July/August and Robotaxi in a dozen states by year-end

Tesla lifts 2026 spending plans by a quarter as Musk funds AI and robotic dreams

Tesla is in the middle of one of the most expensive bets in its history, pivoting to build AI-powered self-driving cabs and humanoid robots

By Reuters