Musk says Optimus will be the hardest product Tesla has ever scaled

TL;DR

Musk told investors Optimus has no supply chain and every part is new, as Tesla quietly dropped mass production language from its Q2 deck

Elon Musk told investors on Tesla’s second-quarter earnings call that Optimus will be “the hardest product to scale manufacturing that we’ve ever made at Tesla,” warning that the humanoid robot has no existing supply chain and that every component is new. He said he wanted to “calibrate people correctly” on expectations, acknowledging that the initial production ramp will follow a normal curve but with a flat early stretch that could last longer than investors hope. Tesla also quietly removed references to Optimus mass production from its Q2 shareholder presentation, after using that language as recently as the first quarter.

The admission marks a sharp change in tone from previous quarters. Last year Musk said he would be “shocked” if...

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