Tesla Inc. (NASDAQ: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. “We've found out our competitors literally do a frame-by-frame analysis and copy everything we're doing,” Musk said, while also outlining that Tesla wants to “push the Optimus 3 unveil maybe closer to production,” which would be around July-August this year.
“I think there's some value to not showing new technology until it's close to production,” the CEO said. Touching upon the production, Musk said that the Optimus production line was revamped as it was originally used to produce the Model S and X premium vehicles. “Optimus is a completely new product with a completely new production line,” he said.
Tesla’s Valuation, Ross Gerber’s Criticism
The comments come as Tesla reported its earnings, which beat market expectations. However, investor Gary Black of The Future Fund LLC shared that he expects Tesla’s value to decline despite the positive earnings due to the EV giant slowing down the development of its autonomous and Robotaxi efforts.
Investor Ross Gerber of Gerber Kawasaki also criticized Tesla after Musk admitted that vehicles equipped with the Hardware 3 (HW3) chip would not be able to achieve Unsupervised Full Self-Driving (FSD).
The automaker also recorded a decline in its sales in California. Tesla delivered 31,958 units in California during the first quarter of the year, which was over 10,000 units lower than the 42,000 units it delivered during the same period in 2025. However, the Model Y was still the best-selling electric vehicle in the state.
According to Benzinga Edge Rankings, Tesla offers satisfactory Momentum, but poor Value. It provides a favorable price trend in the Long term.
Price Action: TSLA declined 0.31% to $386.30 in the after-hours trading session on Wednesday.
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