Highlights from Elon’s comments: – have produced over 7 million vehicles globally. – will surpass 10 million next year. – at times there are rocky times, a little bit of stormy weather. – but the future is bright. – Tesla remains the company of choice for people to work for. – lots of opportunity for upward mobility. – Tesla’s work related injury rate has declined over time. – where does AI and robots fit into the sustainability picture? – it’s about sustainable abundance for all. – what does an amazing future look like? – it sounds impossible. – the future we are headed for is one where you can literally have anything you want. – what is key to that is robotics and AI. – enable the production of goods and services with no limit. – combined with sustainable energy, can also maintain a great environment. – what other future would you want? Also, Space travel – let’s not forget that! – Model Y became the best-selling vehicle on earth for two years in a row and will be again this year. – Cybertruck became the best selling electric pick-up truck, instantly. – Cybertruck achieved 5-star safety. – if you read the news it feels like armagedon. – if you don’t like our product, you don’t need to burn it down – that’s psycho. – on track to complete the Semi factory – will make millions of the Tesla Semi – will also have the ability to go autonomous down the road. – the future is autonomous. – five years from now, autonomous Teslas will be everywhere – regulatory globally. – almost the entire fleet – which will surpass 10 million vehicles next year – is capable of autonomy. – an autonomous car could have the usefulness that’s 5x to 10x a regular car. – with a software update, we could turn 10 million cars into the usefulness of 50 to 100 million overnight. – “what I’m saying is hang on to your stock.” – shout out to Tesla service team – they sell the cars long-term. – Superchargers: great for trips – “the car’s battery will last longer than your bladder.” – The Megapack and Powerwall team is knocking it out of the park. – Megapack can more than double the total power output of a given grid and excellent for stablizing the grid. – Long-term more than 90% of all power on earth will be solar + batteries. – Cell manufacturing – we’re making the most efficient cell in the world – lowest cost per kWh. – built the first Optimus on the production line in Fremont. – Cortex 1 – used for AI training. Over 50,000 active GPUs – soon to be 100,000 GPUs – making it top five in the world. – Have Dojo 1 active now – handling 5% to 10% of the training load. Dojo 2 – will be 10x better than Dojo 1. Optimistic about Dojo – “have a real shot at a breakthrough.” – have the cars doing useful work for the first time with no one in them – driving from end of line and park themselves in Frement and now in Austin. – Tesla self-driving will be 10x better than human drivers. – Optimus is going into production this year – the new 22 DOF hand is now in production. – “most sophisticated humanoid robot on earth” – “our robot has a real brain” – “Tesla is the leader in real-world AI – what we learned from the cars we transferred to the bot.” – Tesla is the only company that can make intelligent humanoid robots at scale. – “Optimus will be the biggest product of all time by far – nothing will be even close – I think it will be 10x bigger than any other product ever made.” – the Cybercab production line looks like a high speed consumer electronics line – moving so fast that people can’t get close to it – cars coming off the line in 5 seconds. – we need even bigger casting machines – 50,000 tons – “how big can a casting machine be – what are the limits of physics? – let’s find out!” – hope make about 5,000 Optimus (parts for 10k to 12k) this year. – 50,000 Optimus in 2026. – available outside of Tesla in second half of 2026. – offering Optimus first to Tesla employees. – our goal is to make great products/services that people love, and then service those products. – profit is the difference in value between the output versus the input. – we’re by far the most innovative company in the car industry. – the stock market is a very strange thing – Tesla stock goes up and goes down – based on peoples’ perception of the future – very emotional. – the future of Tesla is incredibly bright. – An employee asked: is a robot going to steal my job? Elon: people will manage a flock of robots. Same will be true for self-driving cars – people will manage a fleet of cars. – interesting opportunity to make an electric VTOL jet – “maybe at some point we’ll do that.” – Hyperloop – vacuum tunnels – high speed autonomous pods from city center to city center. – ideas are the easy part – execution is the hard part. – future new mission statement: “it’s all about sustainable abundance.” – Master Plan 3 + abundance for all = Master Plan 4 – Optimus production in Fremont + an even bigger production line in Austin. “We’ll be making tens of millions of robots a year – serious volume – maybe one hundred million robots a year.” – “one thing is for sure – the future is going to be very interesting.”
