Elon Musk Earnings Call Summary Of Remarks

Elon Musk Earnings Call Summary Of Remarks:

1. "I see a way for Tesla to become the most valuable company in the world. There's also the possibility that Tesla will be bigger than the sum of the values of the top five companies."

2. "The only people who are skeptical (of fully self-driving FSD) are those who haven't used it themselves."

3. "We're working hard to increase vehicle production. The current constraint is battery packs. We're making progress to address this, and 2026 will see explosive changes (in terms of growth)."

4. "Optimus (humanoid robots) require 10 times more learning computation than automobiles."

5. Optimus has sales potential of more than $10 trillion."

6. "We plan to speed up Optimus production at the fastest pace in history. We are aiming for a 10-fold growth rate every year, and we will soon produce 100 million units a year."

7. Tesla plans to launch unmanned FSD as a paid service in Austin, Texas, starting in June this year.

"With no one in the car, full service will be provided."

8. Tesla is building its third Megapack plant.

9. "2025 is going to be a defining year for Tesla. When people look back on 2025, they may regard the launch of driverless FSD as the most important moment in Tesla's history."

10. Tesla will begin mass production of the new Model Y at all of its factories next month.

11. Tesla is discussing FSD licensing agreements with other automakers.

"We are receiving significant interest from other automakers and will only work together if mass production is possible."

12. Tesla may supply Optimus to other companies starting in the second half of 2026.

13. Buyers of FSD packages for vehicles equipped with HW3 chips will need to upgrade their vehicles.

"This process will be difficult and difficult, but it will eventually make it. Now that I think about it, I'm glad not many people bought FSD packages, haha."

FSD monthly subscription HW3 vehicle owners are not eligible for upgrade.

14. "We expect unmanned FSD to be introduced in almost all U.S. markets by the end of this year, but it will depend on regulatory issues. We hope it will be released in most countries by the end of 2026."

15. Beginning in 2026, Tesla vehicle owners will be able to add or remove their cars to their Robotaxi fleet, which will be similar to Airbnb's.