WEBVTT 1 00:00:00.160 --> 00:00:07.639 Latest interview of Elon Musk. So, one of the things 2 00:00:07.639 --> 00:00:09.720 that may seem like, how do you how do you 3 00:00:09.800 --> 00:00:13.119 pull it all together? Is you know, where does AI 4 00:00:13.199 --> 00:00:16.760 and robots fit in this sort of sustainable energy picture? 5 00:00:16.800 --> 00:00:20.039 Like is that just like some weird side project or 6 00:00:20.679 --> 00:00:25.000 or what you know? But it's it's because what we're 7 00:00:25.039 --> 00:00:29.160 really aiming for here is maybe a better way to 8 00:00:29.160 --> 00:00:34.079 think about rather than sustainable energy, is sustainable abundance for all. 9 00:00:35.439 --> 00:00:37.479 So if you think about, like, what is the future 10 00:00:38.240 --> 00:00:41.759 that would What's what's the most exciting future that you 11 00:00:41.759 --> 00:00:45.880 could possibly imagine? Like, what does that future look like? 12 00:00:46.520 --> 00:00:51.200 It's worth thinking about that, just this thing, just just 13 00:00:51.200 --> 00:00:56.359 just imagine a future. What does that that amazing future 14 00:00:56.359 --> 00:00:59.840 look like? How about a future where you can have 15 00:01:00.079 --> 00:01:05.959 any good or service you want at will? A future 16 00:01:06.000 --> 00:01:10.280 of abundance for all where really anyone can have anything. 17 00:01:11.280 --> 00:01:14.120 It sounds impossible, It sounds like surely such a thing 18 00:01:14.120 --> 00:01:17.120 cannot be the case. But what I'm here to tell 19 00:01:17.120 --> 00:01:20.359 you is that that will indeed be the case. That 20 00:01:20.439 --> 00:01:22.959 the future we're headed for is one where you can 21 00:01:23.000 --> 00:01:27.680 literally just have anything you want. Like, if there's a 22 00:01:27.680 --> 00:01:29.400 good or service you want, you'll be able to have it, 23 00:01:29.920 --> 00:01:33.959 and ultimately everyone in the world will be able to 24 00:01:34.040 --> 00:01:40.319 have anything they want. What's key to that is robotics 25 00:01:40.359 --> 00:01:43.879 and AI. So once you have self driving cars and 26 00:01:43.920 --> 00:01:47.920 you have autonomous humanoid robots, where everyone can have their 27 00:01:47.959 --> 00:01:50.879 own personal C three PO and R two D two. 28 00:01:51.280 --> 00:01:56.079 But even better than that, that's optimus. You can imagine 29 00:01:56.079 --> 00:02:00.879 like your own personal robot buddy that is a great 30 00:02:00.920 --> 00:02:04.480 friend but also takes care of your house. Will will 31 00:02:04.480 --> 00:02:08.039 clean your house, will mow the lawn, will walk the dog, 32 00:02:09.319 --> 00:02:15.319 We'll teach your kids, will babysit, and and and we'll 33 00:02:15.319 --> 00:02:19.240 also also enable the production of goods and services, uh, 34 00:02:20.719 --> 00:02:24.879 basically with no limit. And when you combine that with 35 00:02:24.960 --> 00:02:29.319 just sustainable energy from the sun and batteries, we can 36 00:02:29.400 --> 00:02:32.479 also at the same time also maintain a great environment. 37 00:02:33.599 --> 00:02:36.439 So that's I think, is the future that we that 38 00:02:36.520 --> 00:02:41.800 we want. A future where nobody's nobody's in need. You 39 00:02:41.840 --> 00:02:44.919 can have what you want and we still but we 40 00:02:44.960 --> 00:02:49.520 still have nature. We still have a you know, the 41 00:02:49.520 --> 00:02:55.199 the beautiful parts of nature that that we like. I 42 00:02:55.280 --> 00:02:58.599 think that's probably the best future. I can't like, what 43 00:02:58.719 --> 00:03:00.199 other future would you want? I think that it's like 44 00:03:00.280 --> 00:03:02.919 the cool future and also space travel. Let's not forget that. 45 00:03:05.039 --> 00:03:07.719 So if you can have basically anything you want and 46 00:03:07.919 --> 00:03:11.400 travel to space and go to Mars, and that would 47 00:03:11.439 --> 00:03:13.680 be it's about as good as it gets, you know. 48 00:03:13.960 --> 00:03:18.479 It's like, that's it. So that's really what we're what 49 00:03:18.479 --> 00:03:20.439 we're trying to do is take the set of actions 50 00:03:20.800 --> 00:03:23.800 most likely to lead to a great future for all. 51 00:03:24.879 --> 00:03:30.639 So that's what I mean by sustainable abundance, and the 52 00:03:31.280 --> 00:03:36.400 combination of things that we're making with Optimists and AI 53 00:03:36.800 --> 00:03:41.680 and AI compute will achieve an age of abundance for all. 54 00:03:43.680 --> 00:03:51.919 Like actually, so it's gonna be pretty great. And Motel 55 00:03:52.000 --> 00:03:56.960 I became the best selling vehicle in the world. You know, 56 00:03:57.560 --> 00:04:10.280 fii we do make the best you know, it's how 57 00:04:10.319 --> 00:04:12.479 we're doing our popularity. Will we actually literally make the 58 00:04:12.520 --> 00:04:17.240 best selling car on Earth of any kind. So that's 59 00:04:17.360 --> 00:04:20.279 it's for two years in a row. So and it's 60 00:04:20.319 --> 00:04:22.600 going to be the best selling car on Earth again 61 00:04:22.639 --> 00:04:33.120 this year. So the cyber truck became the best selling 62 00:04:33.199 --> 00:04:40.279 electric vehicle pickup instantly because it's awesome. And Tesla was 63 00:04:40.519 --> 00:04:43.800 the best selling electric vehicle in Europe, the fastest growing 64 00:04:43.839 --> 00:04:46.839 brand in South Korea, and we launched in a lot 65 00:04:46.879 --> 00:04:49.839 of new markets, including Qatar, Lithuania, Chile, and the Philippines, 66 00:04:49.839 --> 00:04:52.040 and will be opening in a whole bunch more markets 67 00:04:52.079 --> 00:04:58.160 as well, so Tesla's will be available worldwide. So overall, 68 00:04:58.279 --> 00:05:00.879 you know, it's good. If you read the news, it 69 00:05:00.879 --> 00:05:04.680 feels like, you know, imageddon. So I was like, I 70 00:05:04.680 --> 00:05:07.839 can't walk past the TV without seeing a Tesla on fire, 71 00:05:07.839 --> 00:05:11.399 Like what's going on? You know, some people, it's like, listen, 72 00:05:11.399 --> 00:05:12.959 I understand if you don't want to buy our product, 73 00:05:12.959 --> 00:05:14.720 but you don't have to burn it down. That's a 74 00:05:14.800 --> 00:05:21.600 bet unreasonable, you know, like like this is Psycho still 75 00:05:21.639 --> 00:05:28.000 being Psycho. Okay, so h and we've launched the new 76 00:05:28.000 --> 00:05:33.120 model y congrats to the team on on Fast so 77 00:05:38.360 --> 00:05:41.000 you know that that's that's obviously very tough because we've 78 00:05:41.040 --> 00:05:43.560 got factories all across the world and we've got to 79 00:05:43.639 --> 00:05:47.319 change over a global supply chain on three three three 80 00:05:47.439 --> 00:05:52.399 basically three supply chains on three continents. And I think 81 00:05:52.399 --> 00:05:55.240 it did an amazing job of switching over the world's 82 00:05:55.240 --> 00:05:59.759 best selling car globally in in a very short period 83 00:05:59.759 --> 00:06:10.199 of time. Well done, guys, And let's not forget also, 84 00:06:10.240 --> 00:06:14.600 we're upgraded Model three last year, so our in cars, 85 00:06:14.639 --> 00:06:16.160 peoples are also buy the Model three. It's a great 86 00:06:16.160 --> 00:06:23.000 car actually so and the cyber truck is achieved five 87 00:06:23.040 --> 00:06:29.199 star safety. You know these days, you know, sometimes things 88 00:06:29.199 --> 00:06:32.000 get a little dangerous. The neighborhood and the cyber truck 89 00:06:32.240 --> 00:06:36.720 being bulletproof and all can come in handy. So but 90 00:06:36.800 --> 00:06:41.720 apart from being bulletproof, it's also very safe in a crash. 91 00:06:42.079 --> 00:06:46.480 We're also building the Tesla Semi factory. This is a 92 00:06:46.600 --> 00:06:50.160 vehicle that some people said was impossible to build, that 93 00:06:50.240 --> 00:06:53.439 it defied physics. Well, not only does it not defy physics, 94 00:06:53.439 --> 00:06:55.600 we're going to be making a lot of them. So 95 00:06:55.639 --> 00:06:59.720 we're gonna make just a you know, I think ultimately 96 00:07:00.040 --> 00:07:04.439 will make over a million millions probably of the Tesla Semi. 97 00:07:05.639 --> 00:07:08.439 And this is really going to be something that you'll 98 00:07:08.439 --> 00:07:10.240 see all over the place. And it will also be 99 00:07:10.839 --> 00:07:13.720 autonomous or have the ability to be to go autonomous 100 00:07:13.720 --> 00:07:19.800 down the road. So really autonomy is a massive, massive thing. 101 00:07:21.839 --> 00:07:30.399 The future is autonomous. So I always sort of think 102 00:07:30.439 --> 00:07:32.000 they got like, what will the future look like in 103 00:07:32.079 --> 00:07:37.399 five years or ten years, twenty years and five years 104 00:07:37.399 --> 00:07:41.959 from now? Autonomous cars are going to be everywhere primarily 105 00:07:41.959 --> 00:07:45.399 going to be Tesla's, by the way, but autonomous Tesla's 106 00:07:45.480 --> 00:07:51.079 will be everywhere, and I think in five years probably 107 00:07:51.120 --> 00:07:56.319 we'll have the regulatory approval, I think globally, so you'll 108 00:07:56.319 --> 00:08:01.600 have autonomous Tesla's on every continent, take people on trips, 109 00:08:02.360 --> 00:08:06.519 and almost the entire fleet, which will pass ten million 110 00:08:06.639 --> 00:08:11.839 vehicles next year, is capable of full autonomy. So even 111 00:08:11.879 --> 00:08:17.319 without the cybercab, we still actually have a gigantic fleet 112 00:08:18.000 --> 00:08:20.720 that is capable of being autonomous. And the thing about 113 00:08:20.759 --> 00:08:23.319 being an autonomous car is that it can be used 114 00:08:23.399 --> 00:08:26.439 much more than a car that is not autonomous. A 115 00:08:26.480 --> 00:08:29.079 typical passenger vehicle car will be used about ten hours 116 00:08:29.120 --> 00:08:31.519 a week, so we might use it, people might use 117 00:08:31.519 --> 00:08:32.679 it for an hour and a half a day on 118 00:08:32.759 --> 00:08:35.159 average for seven days, which is about ten hours a week. 119 00:08:35.399 --> 00:08:37.480 But there are one hundred and sixty eight hours in 120 00:08:37.519 --> 00:08:40.120 a week. So if you have a car that's a 121 00:08:40.200 --> 00:08:44.279 robot car that can drive autonomously, it can now be 122 00:08:44.399 --> 00:08:47.759 used potentially for eighty maybe one hundred hours in a week. 123 00:08:48.440 --> 00:08:51.039 So you could have a car that has ten times 124 00:08:51.480 --> 00:08:56.240 the usefulness of a non autonomous car, but it still 125 00:08:56.240 --> 00:08:59.799 costs the same. In fact, the fleet's are already built, 126 00:09:00.960 --> 00:09:05.639 so the software update is just enables that capability. Overnight, 127 00:09:06.279 --> 00:09:11.759 you have an increase in usefulness of ten million cars 128 00:09:11.919 --> 00:09:15.320 that suddenly become like fifty million cars or maybe eighty 129 00:09:15.399 --> 00:09:19.919 or one hundred million cars of usefulness overnight. That that's 130 00:09:19.960 --> 00:09:23.200 a profound thing. Like nothing like that has ever happened before. 131 00:09:23.639 --> 00:09:27.679 There is no there is no analogy that there's no 132 00:09:27.840 --> 00:09:31.360 nothing is There's never been something where a software update 133 00:09:32.200 --> 00:09:36.840 increase the value of a gigantic asset base by a 134 00:09:36.879 --> 00:09:40.679 factor of like five hundred to one thousand percent. So 135 00:09:40.840 --> 00:09:43.200 it's very difficult for like, you know, people in the 136 00:09:43.200 --> 00:09:45.840 stock market, especially those that look in the rear view mirror, 137 00:09:47.200 --> 00:09:54.039 which is most people, to imagine a future where suddenly 138 00:09:54.639 --> 00:09:59.240 a ten million vehicle fleet has five to ten times 139 00:09:59.440 --> 00:10:04.759 the usefulness. It's it's so profound, and there's there's no 140 00:10:05.639 --> 00:10:07.720 comparison with anything in the past that they just can't 141 00:10:07.799 --> 00:10:11.639 It does not compute, but it will compute in the future. 142 00:10:13.240 --> 00:10:16.919 And some people like Kathy Wood at arcinvest do see 143 00:10:16.960 --> 00:10:21.480 the future. So what I'm saying is hang on to 144 00:10:21.519 --> 00:10:21.960 your stock. 145 00:10:24.240 --> 00:10:34.559 So so. 146 00:10:36.840 --> 00:10:43.440 Yeah, it's it's really it's mind blowing. Then I want 147 00:10:43.480 --> 00:10:45.519 to give a shout out to service. Service is a 148 00:10:45.559 --> 00:10:49.919 tough job, an important job, and it's actually what sells 149 00:10:49.919 --> 00:10:53.120 cars long term, you know, because the initial car is 150 00:10:53.120 --> 00:10:56.759 sold with sales, but all future cars are sold with service. 151 00:10:58.320 --> 00:11:00.840 And I always encourage us seem like, let's try to 152 00:11:00.840 --> 00:11:03.440 give people a service experience that they love, not merely 153 00:11:03.480 --> 00:11:05.840 that they like, but that they love. Because people will 154 00:11:05.840 --> 00:11:08.559 talk about something that they love that was an amazing experience, 155 00:11:08.840 --> 00:11:11.240 but they don't talk that much about things that they like. 156 00:11:11.279 --> 00:11:14.360 You have to really do something amazing and then they'll 157 00:11:14.399 --> 00:11:16.519 they'll they'll talk about it and be like, wow, that's incredible. 158 00:11:17.200 --> 00:11:19.440 So thank you to the service team for the great 159 00:11:19.519 --> 00:11:30.759 job you do. And I mean you can see sort 160 00:11:30.759 --> 00:11:33.080 of I like the sort of light map of superchargers. 161 00:11:33.840 --> 00:11:41.240 You can see you can go practically anywhere in the US, Mexico, Europe, China, 162 00:11:41.840 --> 00:11:45.919 most well, I guess not the outback of Australia, but 163 00:11:46.360 --> 00:11:50.000 you know, most of the places where people live. So 164 00:11:51.080 --> 00:11:55.399 our supercharge network continues to grow significantly and we keep 165 00:11:55.480 --> 00:11:59.240 upgrading our superchargeres This is in fact, I still run 166 00:11:59.279 --> 00:12:01.240 into a lot of people who don't realize that you 167 00:12:01.279 --> 00:12:03.600 can drive. You take your Tesla on a road trip 168 00:12:03.639 --> 00:12:06.399 anywhere in America or anywhere in Europe, anywhere, pretty much 169 00:12:06.399 --> 00:12:10.480 anywhere in China just using the Tesla Supercharge network. And 170 00:12:10.519 --> 00:12:13.960 it's actually easy and convenient. So people think that they're 171 00:12:14.279 --> 00:12:15.759 whatever the range of the car is, that's as far 172 00:12:15.759 --> 00:12:17.519 as they can go. It's like, no, you can just 173 00:12:17.600 --> 00:12:20.440 stop at a supercharge network the cause battery will last 174 00:12:20.480 --> 00:12:24.960 longer than your bladder. I'm pretty confident. So that's really 175 00:12:24.960 --> 00:12:27.440 the threshold. As long as the car battery lasts longer 176 00:12:27.480 --> 00:12:29.559 than your bladder and just plug it in when you 177 00:12:29.639 --> 00:12:31.639 go to the restroom and you come back and you know, 178 00:12:31.720 --> 00:12:34.679 grab a coffee or whatever, and you're back on the 179 00:12:34.759 --> 00:12:37.480 road and everything's good, then that that's the range that 180 00:12:37.519 --> 00:12:43.639 matters and the supercharging speed that matters. So yeah, so 181 00:12:43.679 --> 00:12:46.759 congress to the Supercharged team on expanding that work and 182 00:12:46.840 --> 00:12:57.639 do great, great work there. And then I mean the 183 00:12:57.879 --> 00:12:59.960 Megapack and power World team are really knocking it out 184 00:13:00.120 --> 00:13:03.240 the park. The demand for that for stationary battery storage 185 00:13:03.360 --> 00:13:06.840 is gigantic, and I think that is actually only going 186 00:13:06.879 --> 00:13:12.200 to increase dramatically over time. So uh, and that we've 187 00:13:12.200 --> 00:13:15.600 got the Shanghai megafactory that's got started in record time 188 00:13:16.000 --> 00:13:18.919 in bevary contract congress to the Shanghai factory team there. 189 00:13:19.000 --> 00:13:28.799 That's awesome. And the power Wall three is it usually takes. 190 00:13:28.919 --> 00:13:32.399 It usually takes about three major technology iterations for the 191 00:13:32.600 --> 00:13:35.360 product to be great. And the power wall three really 192 00:13:35.480 --> 00:13:38.679 is a fantastic home energy product and it's something that 193 00:13:39.279 --> 00:13:41.320 if you want to have ensure that your home has 194 00:13:41.399 --> 00:13:45.639 uninterrupted power during power adage, the power Wall three is 195 00:13:45.679 --> 00:13:49.000 the way to go. And if you combine that with 196 00:13:49.200 --> 00:13:52.240 the solar you can basically be off grid, which is 197 00:13:52.240 --> 00:13:55.679 pretty cool. But I think just having energy insurance, like 198 00:13:56.559 --> 00:14:00.440 being energy assurance such that if the if the utility 199 00:14:00.440 --> 00:14:04.360 goes down, you don't even notice like the light sores 200 00:14:04.440 --> 00:14:06.440 on your house, and your neighbors will come to you 201 00:14:06.440 --> 00:14:10.360 for help. Basically that's actually what happens when somebody has 202 00:14:10.399 --> 00:14:13.080 to tells a power wall and there's a power outage. 203 00:14:13.600 --> 00:14:18.639 So that's a great product. And then yeah, megapack, especially 204 00:14:18.639 --> 00:14:21.480 at the utility scale, is that the opportunity there is 205 00:14:21.480 --> 00:14:25.960 gigantic because it enables a utility grid to dramatically increase 206 00:14:26.000 --> 00:14:28.879 the output of electricity because you can you can generate 207 00:14:28.879 --> 00:14:31.799 electricity at night and then the megapack can provide that 208 00:14:31.879 --> 00:14:36.360 electricity during the day because normal electricity demand is very uneven. 209 00:14:37.039 --> 00:14:39.039 There's a lot of electricity usage during the day but 210 00:14:39.279 --> 00:14:43.879 limited at night. So megapac actually has the potential to 211 00:14:43.919 --> 00:14:48.320 increase the output of an existing electricity grid by more 212 00:14:48.320 --> 00:14:52.519 than double. So you can actually, without building additional power plants, 213 00:14:52.559 --> 00:14:55.840 double the total output of energy in a year. It's 214 00:14:55.919 --> 00:15:02.840 quite a profound thing. Yeah, So megapac is also really 215 00:15:02.840 --> 00:15:05.480 good at stabilizing the grid. So if there's if there's 216 00:15:05.559 --> 00:15:09.480 variations in power in the grid, the megapac can absorb 217 00:15:11.679 --> 00:15:14.039 if there's a big power spike, and it can absorb 218 00:15:14.080 --> 00:15:16.519 and store the power, and then if there's a drop 219 00:15:16.519 --> 00:15:18.480 in power, it can fill in the gap. So it's 220 00:15:18.559 --> 00:15:24.120 a megapac is excellent for stabilizing grid and obviously good 221 00:15:24.679 --> 00:15:29.480 it matches very well with wind and solar. In fact, 222 00:15:30.159 --> 00:15:34.639 satellites are just solar panels and a battery. That's that's 223 00:15:34.639 --> 00:15:38.960 how all satellites work. And with the Starling satellite network 224 00:15:38.960 --> 00:15:41.759 there's seven thousand satellites orbiting the Earth and all they 225 00:15:41.840 --> 00:15:45.440 uses is solar panels in a battery. And my prediction 226 00:15:45.799 --> 00:15:49.840 is long term, a majority of power on Earth. In fact, 227 00:15:50.360 --> 00:15:54.559 eventually it might be like ninety percent or more of 228 00:15:54.600 --> 00:15:57.519 all power on Earth will be solar panels with batteries. 229 00:15:59.360 --> 00:16:03.399 That's why brit My predictions have a pretty good track record. 230 00:16:06.840 --> 00:16:10.840 So yeah, and the power walls can also act as 231 00:16:10.919 --> 00:16:13.159 kind of a virtual grid, so if you have thousands 232 00:16:13.159 --> 00:16:15.240 of power walls in a neighborhood, they can actually work 233 00:16:15.360 --> 00:16:20.799 work in concert to stabilize the grid. The B four 234 00:16:20.879 --> 00:16:27.200 supercharger is pretty cool. It enables charging at five hundred 235 00:16:27.240 --> 00:16:30.679 kilo whites and the semi can charge at one point 236 00:16:30.879 --> 00:16:34.480 two megawhites, so it's and it's smaller and lighter. It's 237 00:16:34.600 --> 00:16:38.440 a big improvement overall, and we're rolling this out worldwide, 238 00:16:38.519 --> 00:16:43.399 so it'll increase charging speeds and uh yeah, just enable 239 00:16:43.440 --> 00:16:48.799 you to get your cart charge really fast. So and 240 00:16:48.840 --> 00:16:53.559 then with regard to sell manufacturing, we were at this 241 00:16:53.639 --> 00:16:59.480 point we think we're making the most efficient cell in 242 00:16:59.480 --> 00:17:01.840 the world, meaning like the lowest cost of kill what 243 00:17:01.960 --> 00:17:07.079 hour sell so which is really pretty pretty good. Like 244 00:17:07.160 --> 00:17:10.119 there are entire companies that all they do is make 245 00:17:10.759 --> 00:17:15.680 lithium battery cells, and for us, that's one of many 246 00:17:15.720 --> 00:17:20.039 things that we do. So congratulations to the Cell team 247 00:17:20.680 --> 00:17:31.839 on making the best sell, so that's that's a really 248 00:17:31.839 --> 00:17:37.119 big deal. And then we're also investing in the whole 249 00:17:37.119 --> 00:17:42.000 battery supply chain, so we have Catherine production, we have 250 00:17:42.119 --> 00:17:50.079 lithium refining, and and then more. Yeah, hopefully we're sort 251 00:17:50.079 --> 00:17:52.799 of hoping someone else will do the uh, the anode. 252 00:17:53.279 --> 00:17:55.880 We might have to do the anode. I hope someone 253 00:17:55.880 --> 00:17:57.640 else does it. Why do we have to do all 254 00:17:57.640 --> 00:18:02.240 these things? A lot of people think like, we do 255 00:18:02.319 --> 00:18:04.400 this thing a lot of these things because we want to, 256 00:18:04.440 --> 00:18:07.720 but really it's often just because we didn't have any 257 00:18:07.759 --> 00:18:09.200 choice and nobody else was doing it, so we had 258 00:18:09.200 --> 00:18:15.079 to do it. So so yet a lot of new 259 00:18:15.119 --> 00:18:17.759 factory milestones. So in Berlin we've produced six hundred and 260 00:18:17.759 --> 00:18:21.920 sixty thousand drive units. Freemont, we've built our first Optimus 261 00:18:21.920 --> 00:18:26.839 at the Aftermost production line in Fremont. We're preparing for 262 00:18:26.920 --> 00:18:32.160 cybercap production here at GEG Factory Austin and Gego Factory 263 00:18:32.160 --> 00:18:36.480 Shanghai created it's three million of the car. We've produce 264 00:18:36.519 --> 00:18:40.319 one hundred and sixty thousand NAS adapters at gig Factory 265 00:18:40.319 --> 00:18:43.079 in New York, and we've got record battery pack production 266 00:18:43.319 --> 00:18:56.240 at Gegar Factory Nevada, so congrats to everyone. We're also 267 00:18:56.440 --> 00:18:59.960 just behind us on the south side of the building, 268 00:19:00.640 --> 00:19:05.200 we have the Teslak. We're called Cortex one. It's like 269 00:19:05.319 --> 00:19:09.440 basically a giant brain computer brain that is used for 270 00:19:10.119 --> 00:19:13.680 AI training. So we take the vast amounts of video 271 00:19:13.720 --> 00:19:15.160 that we get from all the cars in the fleet 272 00:19:15.359 --> 00:19:17.880 and we use that to train the artificial intelligence to 273 00:19:17.880 --> 00:19:21.079 be able to drive the car. And this is one 274 00:19:21.079 --> 00:19:24.680 of the most powerful training systems in the world with 275 00:19:25.079 --> 00:19:29.160 over fifty thousand GPUs active and soon to be one 276 00:19:29.240 --> 00:19:32.519 hundred thousand GPUs, which will make it i think, probably 277 00:19:32.599 --> 00:19:43.920 top five in the world in training centers. We're also 278 00:19:43.960 --> 00:19:47.880 making continuing to make progress on our Dojo training supercomputer. 279 00:19:48.440 --> 00:19:54.039 So we've got Dojo one active now in Geg Coropatory 280 00:19:54.039 --> 00:19:56.880 in New York and in Palo Alto, and it is 281 00:19:56.960 --> 00:20:01.640 actively working. It's actually taking load on its it's it's 282 00:20:01.680 --> 00:20:06.279 doing a meaningful percentage well I guess five percent or whatever, 283 00:20:07.480 --> 00:20:11.279 but it's still something five maybe approaching ten percent of 284 00:20:11.359 --> 00:20:17.599 the training load of the self driving AI is being 285 00:20:17.599 --> 00:20:21.440 done by Dojo. And then we've got Dojo two that's 286 00:20:22.160 --> 00:20:25.519 coming down the line that'll be probably ten times better 287 00:20:25.880 --> 00:20:29.480 than Dojo one, and so it's sort of exciting. We're 288 00:20:29.519 --> 00:20:33.839 making good progress with Dojo. I'm increasingly optimistic about the 289 00:20:33.880 --> 00:20:36.480 future of Dojo. I think it's we've got a real 290 00:20:36.519 --> 00:20:40.039 shot here at a breakthrough. So the grass to the 291 00:20:40.079 --> 00:20:51.599 Dojo team and the all tails and vehicles have now 292 00:20:51.640 --> 00:20:55.039 had what we call AA a pilot hardware for or 293 00:20:55.039 --> 00:20:59.759 really our AI four hardware, and it's it's really it's 294 00:20:59.799 --> 00:21:05.640 very powerful AI Infurn's computer, and but also it operates 295 00:21:05.680 --> 00:21:08.480 a very low power and even to this day, even 296 00:21:08.519 --> 00:21:11.319 though this was a this has been something we're designed 297 00:21:11.319 --> 00:21:13.920 several years ago. There actually isn't anything on the market 298 00:21:13.960 --> 00:21:16.200 that we can buy that is better than AI four. 299 00:21:17.200 --> 00:21:18.960 So and obviously in the future years we'll have a 300 00:21:19.160 --> 00:21:22.000 F five and AI six. Sometimes people say should I wait, 301 00:21:22.119 --> 00:21:25.039 I'm like, well, we're always gonna have another version, so 302 00:21:25.119 --> 00:21:27.039 there's no point in waiting because we're just waiting forever. 303 00:21:28.519 --> 00:21:31.559 So but we obviously will have an AI five and 304 00:21:31.599 --> 00:21:34.039 an AI six or an AI seven, and we'll keep 305 00:21:34.079 --> 00:21:37.759 improving the AI compute. So for those out there that 306 00:21:37.799 --> 00:21:47.279 are interested in developing advanced chips, kmok atezla and it 307 00:21:47.359 --> 00:21:52.279 is always I think profound to watch our cars driving 308 00:21:52.319 --> 00:21:56.039 with no one in them. And we actually have the 309 00:21:56.079 --> 00:22:00.119 cars doing useful work for the first time with no 310 00:22:00.119 --> 00:22:02.920 one in them, which I think is is really it's 311 00:22:02.920 --> 00:22:06.720 a significant milestone. So the cars are driving from end 312 00:22:06.759 --> 00:22:10.640 of line in Fremont to park themselves, and I think 313 00:22:10.640 --> 00:22:14.920 we've just started doing that here in Austin, so we'll 314 00:22:15.359 --> 00:22:19.119 be uh yeah, car. The car literally goes from end 315 00:22:19.160 --> 00:22:22.920 of line in Fremont to to its to its destination 316 00:22:23.559 --> 00:22:25.480 parking spot where it gets picked up by a truck 317 00:22:25.519 --> 00:22:27.759 for delivery to a customer. And good does that with 318 00:22:27.799 --> 00:22:30.319 no one in it. And it's not doing that all 319 00:22:30.400 --> 00:22:33.200 day every day like it, you know, pretty much like 320 00:22:33.240 --> 00:22:42.000 it's just a matter of fact thing. Yeah, so let's 321 00:22:42.000 --> 00:22:46.240 see uh yeah. And obviously for anyone that's using it, 322 00:22:46.279 --> 00:22:50.839 you can see the dramatic improvements in the in the 323 00:22:50.920 --> 00:22:53.240 in full self driving, where it's getting to the point 324 00:22:53.279 --> 00:22:57.759 where interventions are extremely rare, and eventually I get to 325 00:22:57.759 --> 00:22:59.839 the point where there really is no need to end 326 00:22:59.880 --> 00:23:02.480 up like the car. It's going to be better than human. 327 00:23:03.279 --> 00:23:06.440 In fact, maybe it's it's worth emphasizing that it's not 328 00:23:06.480 --> 00:23:09.440 that it's not that tells the full self driving will 329 00:23:09.480 --> 00:23:13.559 be equal to humans in safety. It will be ultimately 330 00:23:14.079 --> 00:23:17.079 ten times safer than a human because it never gets tired. 331 00:23:17.559 --> 00:23:22.440 It doesn't, you know, like humans get tired and don'times 332 00:23:22.440 --> 00:23:27.359 get wasted, you know, and we'll have arguments or change 333 00:23:27.359 --> 00:23:30.759 the radio or you know, text. I don't know one 334 00:23:30.759 --> 00:23:33.720 in this audience would ever text while driving. That'd be crazy, 335 00:23:34.160 --> 00:23:39.920 but you know, it does happen. So so the reality 336 00:23:40.000 --> 00:23:42.880 is that the pulls off test a pull self driving 337 00:23:42.920 --> 00:23:46.880 will be vastly safer than humans, not just equivalent, to 338 00:23:47.039 --> 00:23:49.640 be actually vastly safer. And it means you can do 339 00:23:49.680 --> 00:23:52.319 whatever you want while driving. So even if you don't 340 00:23:52.359 --> 00:23:55.759 like rent your car out for usage, you can still 341 00:23:56.519 --> 00:23:59.119 it frees up your time. So if let's say you're 342 00:23:59.160 --> 00:24:02.480 driving ten to twelve hours a week or more, it 343 00:24:02.519 --> 00:24:04.559 gives you back ten to twelve hours of your life, 344 00:24:04.960 --> 00:24:13.200 which is extremely cool. So well, Optimist Sure has come 345 00:24:13.240 --> 00:24:28.400 a long way so that the new Optimus twenty two 346 00:24:28.480 --> 00:24:31.880 Degree of Freedom hand and Forum is now in production 347 00:24:34.680 --> 00:24:38.680 and it's learning to walk and catch balls. It's pretty cool. 348 00:24:40.440 --> 00:24:43.200 I mean, look at that's where we came from. It's wild. 349 00:24:43.640 --> 00:24:46.680 So in a very short period of time, Optimis has 350 00:24:46.720 --> 00:24:52.319 gone from being an idea to the most sophisticated humanoid 351 00:24:52.400 --> 00:24:56.079 robot on Earth. There's nothing, there's nothing even close to 352 00:24:56.119 --> 00:25:02.039 the level of sophistication of Optimus, and and Tesla has 353 00:25:02.160 --> 00:25:05.400 some important missing ingredients that others don't have, which is 354 00:25:06.400 --> 00:25:10.519 our robot has a real brain. It's like the Wizard 355 00:25:10.519 --> 00:25:14.039 of Oz ten men. It was at a herder of brain, 356 00:25:14.079 --> 00:25:22.519 one of the two. So it's got it's got the 357 00:25:22.599 --> 00:25:24.880 it's got the real world AI, so it tells is 358 00:25:25.079 --> 00:25:27.920 the leader in real world AI. What we learned in 359 00:25:27.960 --> 00:25:31.480 the car we translate to to the Optimus robot, and 360 00:25:31.480 --> 00:25:35.119 we also trans take the our expertise in electric motors, 361 00:25:35.400 --> 00:25:41.200 in batteries, par electronics, structural design. And then another major 362 00:25:41.319 --> 00:25:44.519 important thing is that we're very good at manufacturing. So 363 00:25:44.759 --> 00:25:46.839 in order for robots to be useful, that you have 364 00:25:46.920 --> 00:25:48.960 to they have to be they have to be intelligent. 365 00:25:49.039 --> 00:25:51.319 We have to be able to do useful things just 366 00:25:51.359 --> 00:25:53.599 by asking, and you have to be able to make 367 00:25:53.680 --> 00:25:57.440 a large number of them at an affordable price. This 368 00:25:57.480 --> 00:26:00.200 is what we can do. We have the only the 369 00:26:00.200 --> 00:26:05.160 company with all the ingredients for making intelligent humanoid robots 370 00:26:05.200 --> 00:26:10.240 at scale is Tesla. This is a super big deal. Like, 371 00:26:10.319 --> 00:26:14.759 my prediction is that on this front is that Optimus 372 00:26:14.799 --> 00:26:18.799 will be the biggest product of old time by far. 373 00:26:19.799 --> 00:26:22.799 Nothing will even be close. It'll be I think it'll 374 00:26:22.839 --> 00:26:26.519 be ten times bigger than the next biggest product ever 375 00:26:26.559 --> 00:26:29.559 made like that level. 376 00:26:30.559 --> 00:26:46.640 So yeah, all. 377 00:26:46.599 --> 00:26:56.720 Right, So with that, anybody have any questions? Yeah, congratulations, 378 00:26:56.960 --> 00:27:13.920 thank you. Shopping cool and we're rocket castings. We do yeah, 379 00:27:14.000 --> 00:27:17.079 well we do want to make we want to scale 380 00:27:17.160 --> 00:27:22.599 up production to new heights. Obviously with the with the cybercab, 381 00:27:23.119 --> 00:27:25.359 you know, we're going to be a cybercab. Is is 382 00:27:25.400 --> 00:27:30.079 not just revolutionary car design, it's also a revolutionary manufacturing process. 383 00:27:30.759 --> 00:27:33.440 So I guess we probably don't talk about that enough. 384 00:27:34.920 --> 00:27:39.200 But if you've seen the design of the Cybercab line, 385 00:27:39.319 --> 00:27:43.680 it doesn't look like a normal car manufacturing line. It 386 00:27:43.680 --> 00:27:48.400 looks like a really high speed consumer electronics line. It's uh. 387 00:27:49.680 --> 00:27:52.519 In fact, the line will move so fast that that 388 00:27:52.640 --> 00:27:56.240 actually people can't even get close to it. Like that's 389 00:27:56.440 --> 00:27:59.079 you know, I think it's it'll be able to produce 390 00:27:59.119 --> 00:28:03.599 a car ultimately in less than five seconds, Like can 391 00:28:03.640 --> 00:28:05.400 you imagine a car coming off line in less than 392 00:28:05.400 --> 00:28:09.720 five seconds. That's that's like whoa, which which means casting 393 00:28:09.759 --> 00:28:14.279 has got to happen fast. Yeah. Yeah, so we got 394 00:28:14.279 --> 00:28:16.400 we got to jam the liquid metal in, cool it 395 00:28:16.440 --> 00:28:21.240 down real fast, like real fast, and then I guess 396 00:28:21.319 --> 00:28:25.480 maybe we need to like just get even bigger casting machines. Sure, 397 00:28:25.519 --> 00:28:30.000 why not? You know, down, Yeah, let's fifty thousand tons, 398 00:28:31.440 --> 00:28:34.519 you know, because like then we can make with in 399 00:28:34.559 --> 00:28:37.559 a single casting machine, we could do like five at 400 00:28:37.599 --> 00:28:42.359 a time or something, you know. Trying to think like 401 00:28:42.359 --> 00:28:45.480