Tesla All-Hands (Q1 2025) March 20, 2025 Elon Musk's company-wide meeting with Tesla employees, livestreamed on March 20, 2025: the Model Y changeover, Full Self-Driving, Optimus, energy storage — and a long open Q&A with the audience.
Elon Musk's company-wide meeting with Tesla employees, livestreamed on March 20, 2025: the Model Y changeover, Full Self-Driving, Optimus, energy storage — and a long open Q&A with the audience.
Transcript Elon Musk
Our mission is to accelerate the world's transition to sustainable energy. It's only possible to because of the incredible people here at Tesla. They are absolutely committed to the cause of sustainable energy and that is why we can do what no other company can do. We can make lower cost products that are still efficient and compelling and we can make them at scale. We're going to build them all in compact and high output factories that are easy for us to build quickly. We work together in a way that allows us to, to ask the hard questions. This is the product that will retire fossil fuels.
Tesla film
We're not just creating products, we're creating a movement for sustainable energy for everyone.
Elon Musk
What we're trying to convey is a message of hope and optimism. Optimism that is based on actual physics. Earth can and will move to a sustainable energy economy and will do so in your lifetime. The solution to scalable FSD is getting the architecture, the data and the compute just right. And we have assembled a world class team to execute on this. Every truck that we put on the road that replaces a diesel truck makes a huge difference towards driving us towards our total mission of sustainable energy and transportation. You can see and you can feel,
Tesla film
feel the collaboration that's happening and the pride that everyone has in working for Tesla.
Elon Musk
All right, Well, let me start off first by, by thanking everyone at Tesla for your incredible hard work. I mean, the Tesla team is an incredible team, great human beings like, I mean, anyway, some of the finest people in the world work at Tesla designing and manufacturing our incredible products. So my thanks to you for everything. You're doing well, well done. So we're going to go through just a list of the incredible achievements of the Tesla team. We've now produced over 7 million vehicles. 7 million. In our first year of production, we produced just over 20 vehicles. And I thought, well, maybe we can be, we might one day be able to do 10 or 20 a week instead of 10 or 20 a year. And the way things are tracking right now, we will actually have made over 10 million vehicles next year. So we'll pass the 10 million vehicle cumulative. That's a lot of cars, man. That's a lot of cars.
Elon Musk
so it's really, and it's incredibly difficult as you know, to design, to build, to manage the supply chain with thousands of suppliers, make sure everything arrives, you've got tens of thousands of parts, make sure everything works, then build the car, service the car. And it's, it's, it's really difficult. I mean this, frankly, the carpenters is a tough business. So but, and you know, there are times when there are rocky moments, like things are like a little bit of stormy weather. But what I'm here to tell you is that the future is incredibly bright and exciting and we're going to do things that no one, I think has even dreamed of. You know, we've said we're going to do it, but I think until we actually do it, people won't believe just how incredible it is. So I'm going to go through all of the things that we're accomplishing here. So once again, thank you very much. So, You know, it's worth noting that Tesla remains the company of choice for people to work for. So we get millions of applications per year for a very small number of spots and we continue to be the leading organization along with SpaceX, for engineering talent in the world and also for manufacturing talent. Really for. It's like, it's an awesome place to work basically. And because of our growth, there's a lot of opportunity for upward mobility. And I'm going to talk you through just how I see the future unfolding and why I think it is going to be incredible. So first of all, as always, we care a lot about safety. So the safety of our cars and the safety of people within the factory. So you can see that our work related injuries have declined over time. So thank you for helping make that happen. That's a collaborative effort. So congratulations to the safety team on continuing to improve workplace safety. So one of the things that may seem like, how do you pull it all together is, you know, where does AI and robots fit in this sort of sustainable energy picture? Like, is that just like some weird side project or what? You know, but it's. Because what we're really aiming for here is maybe a better way to think of it rather than sustainable energy is sustainable abundance for all. So if you think about like, what is the future that would. What's the most exciting future that you could possibly imagine? Like, what does that future look like? It's worth thinking about that. Just think, just in, just, just imagine a future. What does that, that amazing future look like? How about a future where you can have any good or service you want at will? A future of abundance for all, where really anyone can have anything. It sounds impossible. It sounds like surely such a thing cannot be the case. But what I'm here to tell you is that that will indeed be the case, that the future we're headed for is one where you can literally just have anything you want. Like if there's a good or service you want, you'll be able to have it. And ultimately everyone in the world will be able to have anything they want. What's key to that is robotics and AI. So once you have self driving cars and you have autonomous humanoid robots where everyone can have their own personal C3PO and R2D2. But even better than that, that's Optimus. You can imagine like your own personal robot buddy that is a great friend, but also takes care of your house, will clean your house, will mow the lawn, will walk the dog, will teach your kids, will babysit, and will also enable the production of goods and services basically with no limit. And when you combine that with sustainable energy from the sun and batteries, we could also at the same time also maintain a great environment. So that I think is the future that we want. A future where nobody's in need, you can have what you want, but we still have nature. We still have, you know, the beautiful parts of nature that we like. I think that's probably the best future. I can't. What other future would you want? I think that's like the cool future. And also space travel, let's not forget that. So if you can have basically anything you want and travel to space and go to Mars and that would be, it's about as good as it gets, you know, it's like that's it. So that's really what we're, what we're trying to do is take the set of actions most likely to lead to a great future for all. So that's what I mean by sustainable abundance. And the combination of things that we're making with Optimus and AI Compute will achieve an age of abundance for all. Like actually so it's going to be pretty great. Model Y became the best selling vehicle in the world. You know, FYI, we do make the best, you know, It's how we're doing our popularity well, we actually literally make the best selling car on Earth of any kind. So that's for two years in a row. And it's going to be the best selling car on Earth again this year. So. The Cybertruck became the best selling electric vehicle pickup instantly because it's awesome. And Tesla was the best selling electricity electric vehicle in Europe, the fastest growing brand in South Korea. And we launched in a lot of new markets including Qatar, Lithuania, Chile and the Philippines. And we'll be opening in a whole bunch more markets as well. So Teslas will be available worldwide. So overall, you know, it's good. If you read the news, it feels like, you know, Armageddon. So I was like, I can't walk past the TV without seeing a Tesla on fire. Like, what's going on? You know, some people, it's like, listen, I understand if you don't want to buy our product, but you don't have to burn it down. That's a bit unreasonable. You know, this is psycho. Stop being psycho.
Elon Musk
so. And we launched the new Model Y. Congrats to the team on fafsa.
Elon Musk
You know, that's, that's obviously very tough because we've got factories all across the world and we've got a change over a global, a supply chain on three, three, three. Basically three supply chains on three continents. And I think you did an amazing job of switching over the world's best selling car globally in a, in a very short period of time. Well done, guys. And let's not forget also, we upgraded Model 3 last year, so I would encourage people to also buy the Model 3. It's a great car actually. So. And the cybertruck is achieved five star safety. You know, these days, you know, sometimes things get a little dangerous in the neighborhood. The cybertruck being bulletproof and all can come in handy. So. But apart from being bulletproof, it's also very safe in a crash. We're also building the Tesla semi factory. This is a vehicle that some people said was impossible to build, that it defied physics. Well, not only does it not defy physics, we're going to be making a lot of them. So we're going to make just a. You know, I think ultimately we'll make over a million, millions probably of the Tesla semi. And this is really going to be something that you'll see all over the place. And it'll also be autonomous or have the ability to be, to go autonomous down the road. So really autonomy is a massive, massive thing. The future is autonomous. So I always sort of think like, what will the future look like in five years or 10 years, 20 years and five years from now, autonomous cars are going to be everywhere. Primarily going to be Teslas, by the way, but autonomous Teslas will be everywhere. And I think in five years probably we'll, we'll have regulatory approval, I think globally. So you'll have autonomous Teslas on every continent taking people on trips. And almost the entire fleet, which will pass 10 million vehicles next year, is capable of full autonomy. So it, even without the, the Cyber Cab, we still actually have a gigantic fleet that is capable of being autonomous. And the thing about being an autonomous car is that it can be used much more than a car that is not autonomous. A typical passenger vehicle car will be used about 10 hours a week. So it might use it. People might use it for an hour and a half a day on average for seven days, which is about 10 hours a week. But there are 168 hours in a week. So if you have a car that's a robot car that can drive autonomously, it can now be used potentially for 80, maybe 100 hours a week. So you could have a car that has 10 times the usefulness of a non autonomous car, but it still costs the same. In fact, the fleets are already built, so the software update just enables that capability. Overnight you have an increase in usefulness of 10 million cars that suddenly become like 50 million cars or maybe 80 or 100 million cars of usefulness overnight. That's a profound thing. Like nothing like that has ever happened before. There is no analogy that there's no, nothing is. There's never been something where a software update increase the value of a gigantic asset base by a factor of like 500 to 1000%. So it's very difficult for like, you know, people in the stock market, especially those that look in the rear view mirror, which is most people, to imagine a future where suddenly a 10 million vehicle fleet has 5 to 10 times the usefulness. It's so profound and there's no comparison with anything in the past that they just can't. It does not compute. But it will compute in the future. And some people like Cathy Wood at Ark Invest, do see the future. So what I'm saying is hang on to your stock. So, So yeah, it's, it's really, it's mind blowing. Then I want to give a shout out to service. Service is a tough job, an important job, and it's actually what sells cars long term, you know, because the initial car is sold with sales, but all future cars are sold with service. And I always encourage our service team, like, let's try to give people a service experience that they love, not merely that they like, but that they love. Because people will talk about something that they love that was an amazing experience. But they don't talk that much about things that they like. You have to really do something amazing and then they'll talk about it and be like, wow, that's incredible. So thank you to the service team for the great job you do. And I mean, you can see sort of, I like this sort of light map of superchargers. You can see, you can go practically anywhere in the US, Mexico, Europe, China, most. Well, I guess not the outback of Australia, but. But, you know, most of the places where people live. So our Supercharged network continues to grow significantly and we keep upgrading our Superchargers. This is, in fact, I still run into a lot of people who don't realize that you can drive. You take your Tesla on a road trip anywhere in America or anywhere in Europe, anywhere, pretty much anywhere in China just using the Tesla Supercharger network. And it's actually easy and convenient. So people think that they're whatever the range of the car is, that's as far as they can go. Like, no, you can just stop at a supercharged network. The car's battery will last longer than your bladder. I'm pretty confident. So that's really the threshold. As long as the car battery lasts longer than your bladder and you just plug it in when you go to the restroom and you come back and, you know, grab a coffee or whatever, and you're back on the road and everything's good, then that's the range that matters and the supercharging speed that matters. So, yeah. So congrats to the Supercharger team on expanding network. You did great work there. And then, I mean, the Megapack and Powerwall team are really knocking it out of the park. The demand for. For stationary battery storage is gigantic, and I think that is actually only going to increase dramatically over time. So. And we've got the Shanghai Megafactory that got started in record time in February. Congrats to the Shanghai factory team there. That's awesome. And the Powerwall 3 is. It usually takes about three. Three major technology iterations for the product to be great. And the Powerwall 3 really is a fantastic home energy product. And it's something that if you want to have ensure that your home has uninterrupted power during a power outage, the Powerwall 3 is the way to go. And if you combine that with solar, you can basically be off grid, which is pretty cool. But I think just having energy insurance, like being energy assurance, such that if the. If the utility goes down, you don't even notice, like the lights are on in your house and your neighbors will come to you for help, basically. That's actually what happens when somebody has a Tesla powerwall and there's a power outage. So that's a great product. And then, yeah, Megapack, especially at the utility scale, is that the opportunity there is gigantic because it's. It enables a utility grid to dramatically increase the output of electricity because you can Generate electricity at night, and then Megapack can provide that electricity during the day. Because normal electricity demand is very uneven. There's a lot of electricity usage during the day, but limited at night. So Megapack actually has the potential to increase the output of an existing electricity grid by more than double. So you can actually, without building additional power plants, double the total output of energy in a year. So it's quite a profound thing. Yeah. So Megapack is also really good at stabilizing the grid. So if there's variations in power in the grid, the Megapack can absorb. If there's a big power spike, it can absorb and store the power. And then if there's a drop in power, it can fill in the gap. So it's. Megapack is excellent for stabilizing the grid. And obviously it matches very well with wind and solar. In fact, satellites are just solar panels and a battery. That's how all satellites work. And with the Starlink satellite network, there's 7,000 satellites orbiting the Earth and all they use is solar panels and a battery. And my prediction is long term, a majority of power on Earth, in fact, eventually it might be like 90% or more of all power on Earth will be solar panels with batteries. That's my prediction. My predictions have pretty good track record.
Elon Musk
Yeah. And the power walls can also act as kind of a virtual grid. So if you have thousands of power walls in a neighborhood, they can actually work, work in concert to stabilize the grid. The B4 supercharger is pretty cool. It enables charging at 500 kilowatts and the semi can charge at 1.2 megawatts. So it's. And it's smaller and lighter. It's a big improvement overall. And we're rolling this out worldwide. So it will increase charging speeds and yeah, just enable you to get your car charged really fast. And then with regard to cell manufacturing, we were, at this point, we think we're making the most efficient cell in the world. Meaning like the, the lowest cost per kilowatt hour cell. So which is really pretty, pretty good. Like there are entire companies that all they do is make lithium ion battery cells. And for us, that's one of many things that we do. So congratulations to the cell team on making the best cell. So that's, that's really a big deal. And then we're. We're also investing in the whole battery supply chain. So we have cathode production, we have lithium refining and. And then more. Yeah, hopefully. We're sort of hoping someone else will do the, the anode we might have to do the anode. I hope someone else does it. Why do we have to do all these things? A lot of people think like we do this thing a lot of these things because we want to, but really it's often just because we didn't have any choice. Nobody else was doing it, so we had to do it. So, so yeah, a lot of new factory milestones. So in Berlin we produced 660,000 drive units. Fremont. We built our first Optimus at the Optimus production line in Fremont. We're preparing for Cybercap production here at Gigafactory Austin and Gigafactory Shanghai created its 3 millionth car. We've produced 160,000 NACS adapters at Gigafactory New York and we've got record battery pack production at Gigafactory Nevada. So congrats to everyone. We also, just behind us in the, on the south side of the building we have the Tesla we call Cortex 1. It's like basically a giant brain computer brain that is used for AI training. So, so we take the vast amounts of video that we get from all the cars in the fleet and we use that to train the artificial intelligence to be able to drive the car. And this is one of the most powerful training systems in the world with over 50,000 GPUs active and soon to be 100,000 GPUs which will make it I think probably top five in the world in training centers. We're also continuing to make progress on our dojo training super supercomputer. So we've got Dojo 1 active now in Gigafactory New York and in Palo Alto. And it's, it is actively working. It's actually taking load on it. It's, it's, it's doing a meaningful percentage Well I guess 5% or whatever, but it's still something 5 maybe approaching 10% of the training load of, of the self driving AI is being done by Dojo. And then we've got Dojo 2 that's coming down the line that'll be probably 10 times better than Dojo 1. And so it's sort of exciting. We're making good progress with Dojo. I'm increasingly optimistic about the future of Dojo. I think it's, we got a real shot here at, at a breakthrough. So congrats to the Dojo team. And the all Tesla vehicles have now had what we call autopilot hardware for, or really our AI4 hardware. And it's a, it's really, it's very powerful AI inference computer and, and, but also operates at very low power. And even to this day, even though this was a, this has been something we designed several years ago, there actually isn't anything on the market that we can buy that is better than AI4. So. And obviously in the future years we'll have a 5 and a 6. Sometimes people say, should I wait? I'm like, well, we're always going to have another version, so there's no point in waiting because you'll be waiting forever. So but we obviously will have an AI 5 and an AI 6 and a 7 and we'll keep improving the, the AI compute. So for those out there that are interested in developing advanced chips, come work at Tesla. And it is always, I think, profound to watch our cars driving with no one in them. And we actually have the cars doing useful work for the first time with no one in them, which I think is really, it's a significant milestone. So the cars are driving from end of line in Fremont to park themselves. And I think we've just started doing that here in Austin. So we'll be. The car literally goes from underline in Fremont to its destination parking spot where it gets picked up by a truck for delivery to a customer. And it does that with no one in it. And it's not doing that all day, every day. Like it, you know, pretty much like it's just a matter of fact thing. Yeah. So, yeah. And obviously for anyone that's using it, you can see the dramatic improvements in full self driving where it's getting to the point where interventions are extremely rare and eventually they'll get to the point where there really is no need to intervene. Like the car is going to be better than human. In fact, maybe it's worth emphasizing that it's not that Tesla full self driving will be equal to humans in safety. It will be ultimately 10 times safer than a human because it never gets tired. It doesn't, you know, it like humans get tired and sometimes get wasted, you
Elon Musk
and we'll have arguments or change the radio or you know, text. I know no one in this audience would ever text while driving. That'd be crazy. But you know, it does happen. So. So the reality is that Tesla full stop driving will be vastly safer than humans. Not just equivalent, it will be actually vastly safer. And it means you can do whatever you want while driving. So even if you don't like rent your car out for usage, you can still. It frees up your time. So let's say you're driving 10, 12 hours, a week or more. It gives you back 10 to 12 hours of your life, which is extremely cool. So. Well, Optimus sure has come a long way. So the new Optimus, a 22 degree of freedom hand and forearm, is now in production and it's learning to walk and catch balls. It's pretty cool. I mean, look, that's where we came from. It's wild. So in a very short period of time, Optimus has gone from being an idea to the most sophisticated humanoid robot on earth. There's nothing even close to the level of sophistication of Optimus. And Tesla has some important missing ingredients that others don't have, which is our robot has a real brain. It's like wizard of Oz, Tin Man. Was that a heart or a brain? One of the two. So. It's got the real world AI. So it, Tesla's the leader in real world AI. What we learned in the car, we translate to the Optimus robot. And we also take our expertise in electric motors, in batteries, power electronics, structural design. And then another major important thing is that we're very good at manufacturing. So. So in order for robots to be useful, they have to be intelligent, they have to be able to do useful things just by asking, and you have to be able to make a large number of them at an affordable price. This is what we can do. We have. The only company with all the ingredients for making intelligent humanoid robots at scale is Tesla. This is a super big deal. Like, my prediction is that on this front is that Optimus will be the biggest product of all time by far. Nothing will even be close. It'll be, I think it'll be ten times bigger than the next biggest product ever made. Like that level. So, Yeah. All right, so with that, anybody have any questions? Hey. Congratulations. Thank you. Cool. And we're Rocket castings. Yes, we do. Yeah. Where do you see or where would you like our focus next? Well, we do want to make, we want to scale up production to new heights, obviously with, with the Cyber Cab, you know, we're going to be. Cybercab is not just revolutionary car design, it's also a revolutionary manufacturing process. So I guess we probably don't talk about that enough. But if you've seen the design of the Cybercab line, it doesn't look like a normal car manufacturing line. It looks like a really high speed consumer electronics line. It's in fact, the line will move so fast that actually people can't even get close to it. Like that's, you know, I, I think it's It'll be able to produce a car ultimately in less than five seconds. Like, can you imagine a car coming offline in less than five seconds? That's. That's like, whoa.
Elon Musk
Which means casting's got to happen fast. Yeah. Yeah. So, I mean, we got. We got to jam the liquid metal in, cool it down real fast. Like, real fast. And then I guess maybe we need to, like, just get even bigger casting machines. Sure, why not? You know, down. Yeah, let's. 50,000 tons, you know, because, like, then we can make within a single casting machine. We could do like, five at a time or something. You know, trying to think, like, how do you scale castings? Because you got liquid metal. Metal's got a cool. And then you've got to automate, you know, getting all the bits and pieces off the casting so it's usable. And that's actually kind of how they do it in, like, small volume castings. They'll, like, do have a casting block that'll make, like, you know, 100 Matchbox cars at a time. Maybe we just make that real big. Yeah, I mean, we have the cathedral of casting back there. So. Yeah, let's do that. I mean, like, let's. Let's see.
Elon Musk
What is the limit of. What is the limit of physics, of how big can a casting machine be? Let's find out.
Elon Musk
I'm down. Let's have some fun here. Push the limits of technology. All right.
Tesla film
Hi, Elon. I've been with Tesla for the last eight years. It has been the most exhilarating eight years of my career. And truly, truly want to thank you for your leadership. I also have two little.
Elon Musk
Thank you for your contribution.
Tesla film
Thank you. Thank you for your leadership. I also have two little girls who spend their weekends cruising around in their very awesome cybertruck. I'd love to know when we can add Optimus to the family.
Elon Musk
Oh, yeah, It's a good question. So this year, we hopefully will be able to make about 5,000 Optimus robots. We're technically, we're aiming for enough parts to make 10,000, maybe 12,000. But since it's a totally new product with totally new, you know, like, everything is totally new. I'll say, like, we're succeeding if we get to half of the 10, you know, half of the 10,000. But even 5,000 robots, that's the size of a Roman legion, FYI, which is like, a little scary thought, like a whole legion of robots. I'd be like, whoa, okay. But I think. I think we will literally Build a legion. At least one legion of robots this year and then probably 10 legions next year. And it's kind of a cool unit, you know, units of legion. So probably 50,000 ish next year. And then it's probably ready for. To. I'm hopefully ready for Optimus to be used outside of Tesla controlled environment, maybe around the middle of next year, second half of next year sometime. So. So that's. I think that sounds about right. Probably second half of next year is when they'll be available and then we will offer Optimus robots first to Tesla employees. So you guys get the priority. There are some pluses and minuses to that, you know, because it's probably have a few bugs, but it's going to be very cool. You definitely, you'll want to invite your friends over and say, check us out. So that's the other questions. Hi, Elon. Hey, my name's Dom. I've been here for a little over a year now. I work in people development. Okay. We try to. We make so many amazing things right now. It's still the people that do it. Yes. When we think about applying first principles to the relationships and the teams that people have, how would you encourage us to think about that and act on those first principles when it comes to relationships and teams? Well, I think, you know, there are actually quite a few things I've written over the years that it would be good to compile into like a, I don't know, booklet or something because I actually have to be reminded of those things myself. And I'm like, oh, you remember that thing that I thought of after making so many mistakes and trying to make fewer mistakes. So you know, there's like, for example, at like five step process of like make the requirements less dumb and then try to delete the part and process step only, then optimize only then speed it up. And only the fifth thing is automate. I have to repeat that to myself many times because I've made the mistake of doing it backwards so many times. And you know, I think always operating on the principle that everyone is wrong to some degree and we should aspire to be less wrong over time, which we will not always succeed in doing. But if, you know, if two days out of three you're less wrong over time you're going to be, your batting average is going to be really good. So nobody ever bats a thousand, but you can improve your batting average. So I think rigorous, you know, you want to critique yourself, you want to internalize responsibility. And these are all things I Need to remind myself of, you know, just to be clear, I'm not like suggesting I internalize responsibility, be less wrong. And we should remember what, we should remember what is our goal as a company? Our goal is to make amazing products that people love and then to take care of those products, service. So we should say, what are we doing to make our products better, to make them more affordable, to have the customer experience be delightful. Because that's actually the purpose of a company. Sometimes people get, why does a company exist? A company exists. It's a group of people collected together to produce a compelling product or service that others find useful and where the value of the product and service is greater than the cost of what it took to make that product or service. So sometimes, weirdly, profit is like, viewed negatively, but really profit is just the difference in value between the output and the input. It's like, what did it cost you to make it and what did it cost you? And what are people prepared to pay for it? That's the value that you created. So it's tough actually even to maintain like a 10% profitability, which is to make that, make the output 10% more valuable than the input. It's actually quite hard, especially in the car industry, which is very competitive. So we should not lose sight of like, why are we here? We're here to make useful products that people love, you know, and take care of the, take care of them over time. So then how are we doing in that respect and how can we do that better? So, sure. What advice would you give a young person, like, getting into the stock market? Like, oh, stock advice. Wow. Yes, sir. Yes, sir. As I think people can perhaps tell who are watching this, these, these questions are not prepared in advance. This is literally random questions from the crowd, which is cool, actually, I'm fine with that. And I think that it's going to sound very straightforward, but you want to really buy stock in companies where you think the product that that company makes will be better in the future. Is that company going to make more and better products? Or like, do you love the products that the company makes and are they going to keep doing that? And like, I think Tesla, as I've just gone through Tesla, is going to, has a track record of having made many great products and we're going to make many more future great products and we're going to scale up production and I think we've demonstrated a level of innovation that is extremely rare. I mean, certainly by far the most innovative company in the car industry. Like, not even close Type of thing. So you know, I do think Tesla stock actually long, I think long term with optimus and self driving Tesla will probably be the most valuable company in the world. But there are also other companies out there that make great products and services. So I think that's the way you want to look at it. Say like is, do you do think this product. Because that's the reason why companies exist is to make great products and services. So if you think that a company is going to improve over time, then buy the stock and if you don't, then don't. And then the stock market is, it's a very strange thing. It's kind of like, you know, I think it's Warren Buffett sort of metaphor analogy is you know, stock markets like having someone stand at the edge of your property or your house and yell prices. About to buy or sell your house every day. And like sometimes they take their meds and sometimes they don't, you know, so sometimes the person yelling out the price of your house is having a good day or, and sometimes they're having a bad day, but it's still the same house. You're like, I'm like literally still the same house. Like, you know, so Tesla stock goes up and it goes down, but actually it's still the same company. It's just people's perception of the future. I don't know, I guess it's just very emotional, you know, so but for me, like while it's difficult to predict how things will be from, you know, in the next say six to 12 months, if you say like where will things be in three years or five years? The future of Tesla is incredibly bright. Hi. Hi. Yes. You say, will the robot take your job or what? That's a fair question. Well, so yeah, like is a robot going to come steal your job? A reasonable question. I think what, what we'll find with robots is that there'll be a ratio of people to robots. So you'll effectively end up having, managing a group of robots. So you know, you'll have like, basically, I don't know, your flock or your little group of robots that you take care of and you tell them what to do and I don't know, you'll have a pack of robots. Basically. Yeah, you're promoted to manager. One way to think of it, I think the same thing will be true of cars. Like so for the self driving cars is that people that are say, you know, Uber drivers today or something like that, or taxi drivers today will end up managing a fleet of Cars and, and that'll be a much more effective use of their time. You know, just taking care of like 10, 20 cars or however many they can take care of.
Elon Musk
Yeah. Hello, my name is Adrian. You said that your companies are made to make products people love. Yeah. Have you ever thought of airplanes or trains? Yeah, I mean, I'd actually love to make airplanes especially, but stretched pretty thin. So I have like 17 jobs at this point. I just go to sleep, work, go to sleep and then do that seven days a week pretty much. People say like, where do you go on vacation? I'm like, what's that? You know? But I guess I like being productive. I like getting things done. So I guess I could choose to be like on an island somewhere sipping a Mai tai, you know, with attractive people in bikinis and stuff. Wait, why am I not doing that?
Elon Musk
What a fool I've been. So,
Elon Musk
I've actually thought about aircraft designs for a long time and I think there's an interesting opportunity to make like an electric supersonic VTOL jet. You know, the VTOL is like cherry on the cake, but certainly long range, fast electric airplane would be very cool. You know, maybe at some point we'll do that. Yeah, that'd be kind of fun. We do have the ingredients for it, so. And then there is the potential for. We're like thinking like pretty far into the future here of not, not a, not a conventional train, but that sort of hyperloop essentially vacuum tunnels. Like tunnels where you draw a vacuum so there's no air resistance and you have very high speed autonomous electric pods in a vacuum tube vacuum tunnel that would allow you to go from city center to city center much faster than any airplane could possibly go. Because going into the, into the, an underground vacuum tunnel would, it'd be like teleporting to super high altitude effectively, which no plane could do. And then it could deliver you right to the center of a city. And that, I don't know, maybe that's some future collaboration with boring company and Tesla. I got a million ideas. The ideas are. I had more ideas than I know what to do with. Ideas are kind of the easy part. Execution is the hard part, as they say. It's 1% inspiration, 99% perspiration
Audience
work in manufacturing engineering since 2018. I've done a bunch of different things here, kind of like energy products, model 3, model Y, cyber. And now we're looking forward to Optimus, maybe the biggest product ever.
Elon Musk
Yeah, it will be.
Audience
And I think about the mission statement of the company and it's evolved. It used to be a sustainable transportation, then sustainable energy. Is it going to evolve again? Are we going to reformulate that officially to kind of explain to the world better about how Optimus and AI folds into the rest of the fabric of the company?
Elon Musk
Yeah, I mean, I touched on this briefly earlier, but you're right that I think we do need to articulate it more prominently and maybe more often, because it's really about sustainable abundance. You know, can we have a future of abundance for all that is also sustainable and compatible with nature? So we're not destroying nature, but you also get abundance for everyone on Earth. Sounds like the best possible future. That's what we're trying to do. Yeah.
Audience question
Yes, sir, my name is Aaron Armstrong. Yes, sir, my name is Aaron Armstrong. It's not every day that you get to be in the presence of somebody that's accumulated so much wealth and success. So I just wanted to take this opportunity to ask for any wisdoms or secrets that you may have to offer about this game of life that we're all trying to play.
Elon Musk
Sure. I mean, I try to tell say everything that I know. Although admittedly sometimes, you know, like, I posted on X, I guess. Should I ask the AI to look through all of my X posts and pick out the ones that are really good? Because I try to say any, you know, good ideas that I have, I try to post them. Yeah. I think generally it's good to always be curious and to, you know, to read widely. Like, read a lot of interesting books, especially history. I find history really interesting. And I find, like, biographies and autobiographies to be also very interesting. You know, I think it's good to read especially autobiographies where, like, you know, somebody's done something incredible and they wrote. They wrote the book themselves or mostly themselves. That'll give you a lot of ideas. And I mean, something that I do is I'll get audio books because I got, like, so much going on in my mind when I. It's kind of hard to go to sleep because it's like having a computer browser with like 100 tabs open. That's by the end of the day, I got like 100 tabs open. Like, how do I close this browser? You know, that's my brain. So then I'll listen to an audiobook and I'll put it on a timer, and it's like 15 minutes. It's like being like being read a bedtime story by your phone. So podcasts and audiobooks, especially during at Bedtime or I find are great. Sure. Sorry, I can't hear you. Oh, there's a city in South Texas which is Starbase. So it's a city for it's cities. Maybe sound makes it sound bigger than it is, but it is. It's a really a small town plus a giant rocket factory. That's Starbase and it's South Texas and Starbase Texas right by the Rio Grande. And you can just literally drive there because it's on the like a state highway. So you just drive through it, check it out. So I do own a piece of property that's just across the river that's kind of cool. It used to be like a, like a horse place, like where they would give horse riding lessons stuff. And at some point I think it would be cool to. I want to do like this gigantic art project there that's like a. Looks like an alien planet like right across the river. But like that people could visit, you know, so then I might like live there occasionally. But really it's a place to like, I don't know, to envision sort of an alien planet art project across the river. Be kind of cool. Yeah, yeah. To spend money digital assets. Did we foresee like Tesla created a product that can help boost how we scale. Do we foresee Tesla making a product that helps how we spend money? Well, I think the AI is going to help us spend money better. Um, it's kind of amazing, you know, what AI can do these days. I don't know if anyone here has used Grok, but it's pretty cool. Grok voice can be really pretty great too. I should try Grok Unhinged. It's like it's guaranteed to be entertaining at a party. I 1000% promise you if you, if you try Grok Voice Unhinged at a party, this will be a very, it's going to be a big hit. So. But you can also ask it any questions. So like if you want to ask questions about like you know, life advice or things that, or anything like you can really ask like you can ask it about cryptocurrency if you want. You can ask it about medical advice. You can ask any. It's actually, it's very good and it's getting better. So you know, I think more use of try using Grok. It's like, it's really pretty cool. Yeah, sure. Plan are we in and how long does it go? Yeah, so we're in phase three of the master plan. Since master plan one and two have been completed. Completed Now Master Plan part three is a very long master plan because it's basically making all energy on Earth sustainable and I actually need to supplement it with the sort of abundance for all. Maybe That's Master Plan 4. I've kind of described Master Plan 4 essentially, which is like autonomous cars, autonomous humanoid robots. You combine that with like solar and battery storage and I think the future is going to be incredible. So I'll take a couple more questions and call it a night. Well, if you haven't asked a question before, you can ask questions.
Audience question
Question.
Elon Musk
Almost three years. My question is when will we see some optimus robots with the production team? Oh well, there are actually some optimus robots being built in Fremont right now. So we'll not sure what that was, but so, but we expect to have an Optimus production line here as well. So there'll be optimus production starting in the Bay Area and then we'll have the even bigger Optimus production line here in Austin. Yeah, there's going to be a lot of robots ultimately. I mean I think there'll be, we'll be making tens of millions of robots a year. 10 of thing. It's like serious volume, maybe 100 million robots a year. It's wild. Yeah. All right, one last question. Okay. It's about sustainability.
Elon Musk
Abundance, yes. Well, yes. I mean obviously Utopia could be dystopia. So we have to like usually any story about utopia ends up being dystopia. We want to avoid that. But nonetheless, I think if you say what future? What's the best future you can think of? I think a future of sustainable abundance plus space travel. That's pretty great.
Elon Musk
Oh, we need, we need adversity. Well, I mean you make a good point. Like we like if things actually get too easy, maybe we get bored and we're not. You kind of want to some degree overcome adversity. You know, it's like if you play a game of some kind, you want the game to be not too easy and not too hard and maybe the future will be too easy potentially is what you're saying. It's a high class problem, you know, but I think we'll still have human to human competitions. If you look at say athletics or even mind games like chess, although computers can beat any human at chess, chess is actually at an all time high in popularity. And although you know, cars can go faster than any humans, we still have athletic sports where humans compete against each other. So I think we'll still have human versus human competitiveness. I think long term we will also have enhancement of humans, or optionally, if somebody wants to enhance, like, have, like, cybernetic enhancements, like with neuralink. You know, if you want to go, go cybernetic and, I don't know, maybe have, like, super intelligence and be able to see, you know, in different wavelengths. We could absolutely provide superhuman abilities fire via neuralink in the future. So one thing's for sure, the future is going to be very interesting. In fact, I think the most. Generally, I find that the most interesting outcome is the most likely. Or said another way, maybe the most entertaining outcome, especially if ironic, is the most likely. It's almost like we're in a alien Netflix series that's trying to have the highest possible ratings. And, like, if you think about it, like, that's kind of what happens, you know? Which it doesn't mean it's always good because to your point, you wouldn't really want to watch a show where things are great and stay great and, like, oh, that's boring. You want to watch a show where there's, like, a narrative arc where things go up and they go down, they go back up again, and you don't know exactly what's going to happen next. And I think we might be in an alien Netflix series here, so we're just going to keep the ratings up so we don't get canceled. All right, thank you, guys.