Cern Basher@CernBasher
Q1 2025 Tesla All-Hands Meeting
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."
