Earnings call full story Tesla delivers 2 million vehicles a year Model Y is the best-selling vehicle of all kinds in 24 years. 1st self-driving car on the planet is like 10x increasing. 2x is not enough. In 24, we invested a lot in AI and robot technology. It will pay off tremendously in the future. I see a way for Tesla to become the most valuable company in the world. Tesla can be worth several times more than the value of the top five companies combined. It’s possible with self-driving + robots. In 24, we laid that foundation. In 25, too
Tesla Sets Record For Delivering 2 Million Vehicles A Year
The Model Y is the highest-selling vehicle of all types in 24 years.
No. 1 on Earth
Self-driving is increasing tenfold.
Doubles are not enough.
In 24, we made a lot of important investments in AI and robot technology.
It will pay off tremendously in the future.
I see a way for Tesla to become the world’s most valuable company.
Tesla could be worth several times more than the value of the top five companies combined.

It is possible with autonomous driving + robots.

In 24 years we have laid that foundation.
It will continue to lay the foundation in 25 years and is building a structure.
I think 26 years, 27 years, and 28 years will be amazing, and I want to prepare for that.
That’s my prediction.

FSD will continue to grow.
Experience FSD. Only those who haven’t experienced it are skeptical of autonomous driving.
Come to the U.S. and ride our car before we go to self-driving.
It could be the biggest increase in asset value in human history.
You don’t know yet. The reality of self-driving is coming to us. A 24-hour car can roll.

It’s going to work very well in America and in time it’s going to work equally well everywhere.

So we’re trying to increase the annual volume.
This year’s constraint is battery packs, and we’re trying to solve that constraint. Things will explode next year.
The 13th version is good, but the 14th version will be another much more important development than that.

We have launched a Cortex training cluster, which has made a significant contribution to the development of FSD. The training needs for Optimus humanoid robots are probably at least 10 times more than the vehicles need.

Humanoid robots will have 1000 times more utilization and functionality than vehicles. That doesn’t mean training will go up 1000 times. Maybe 10 times..
This can be carried out gradually.
Training costs are falling sharply over time.

Additionally, we’re launching unsupervised full self-driving in Austin as a paid service in June. Full self-driving with no riders will be available in Austin in June.