Series 1 or series 2?
Series 1 has a cable driven speedo, it could be sticking when cold and as it warms up it unsticks itself.
Series 2 has an electronic driven speedo, could possibly have some loose connection somewhere and comes to life when its warm too.
The speed sensor is on the back of the gearbox near the tailshaft, have a poke around there and see what you can see. Maybe take it off and clean it up etc.
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