During Tesla's Q1 earnings call on Wednesday, Elon Musk said Tesla is hesitant to unveil Optimus V3 sooner because competitors conduct "frame-by-frame analysis" and "copy everything they possibly can." Musk stated there is "some value to not showing new technology until it's close to production." Tesla hopes to unveil the latest Optimus version around late summer of this year, with production expected to start in Fremont around late July or August. Tesla is preparing two factory lines for Optimus: one in Fremont, California, expected to produce one million robots a year, and another at Gigafactory in Austin, with a long-term annual output of 10 million robots, likely beginning production around summer 2027. Musk said retooling the Model S and Model X factory line in Fremont is a "massive undertaking," noting dismantling the line will take "at least a few months" and installing a new line an additional "several months." He added that going from stopping production to turning on a new line in "four months" would be "insanely fast speed." Musk said Optimus could complete tasks outside Tesla's factories "sometime next year" and will need an "orchestration AI" to tell it what to do.