Tesla stock climbs as Musk warns Cybercab, Optimus output will start “agonizingly slow”
Tesla shares climbed 1.3% to $437.16 in early Thursday trading, building on a rebound following comments from CEO Elon Musk. He warned the initial rollout of the Cybercab robotaxi and Optimus humanoid robot would be “agonizingly slow.” Tesla remains on track to begin volume production of the Cybercab in 2026, with Optimus output expected “hopefully” later this year. Much of Tesla’s roughly $1.39 trillion market value hinges on bets around self-driving technology and robotics.