Tesla All-Hands Q1 2025

Elon Musk’s Key Remarks

It has produced more than 7 million vehicles worldwide so far.
It is expected to surpass 10 million units next year.
Sometimes there are difficult times, but the future is bright.
Tesla is still the company that people want to work for the most.
There are many opportunities for promotion, and the rate of injury during work is gradually decreasing.
What role will AI and robots play in terms of sustainability?
→ Sustainable Abundance for all is the key.

What does an amazing future look like?

Product performance and future plans

Model Y is the world’s best-selling vehicle for the second consecutive year, and is expected to top the list this year.
Cybertruck is the number one selling electric pickup truck immediately after its launch.
Cybertruck has a 5-star safety rating.
It might feel like the end just by looking at the news, but it’s not really.
It’s abnormal to burn Tesla because you don’t like it.

Semi-truck, self-driving, vehicle production

Semi truck plant under construction – millions to be produced, including self-driving capabilities in the future.
The future is self-driving.
Within five years, self-driving Tesla will be widely distributed around the world.
More than 10 million cumulative vehicles – most of which are self-driving by next year.
Self-driving cars are 5 to 10 times more useful than regular cars.
Software updates alone can turn 10 million vehicles into 50 to 100 million vehicles.
“What I’m saying is, you have to keep holding the stock.”

Services, Energy, AI, Robots, etc

Thanks to Tesla service team – long-term role in selling vehicles.
Superchargers are very useful for long-distance travel – “the car battery lasts longer than your bladder.”
Megapack and Powerwall teams also achieve great performance – more than doubling power grid output.
In the future, more than 90% of the world’s electricity will be solar + battery combinations.
Making the most efficient and low-cost cell in the battery manufacturing field.

AI/Robotics and Optimus

First Optimus production in Fremont.
Cortex 1 for AI training – over 50,000 GPUs, expanding to 100,000 soon – 5th in the world.
Dojo 1 is currently processing 5-10% of its training work. Dojo 2 is going to be 10x better.
Cars perform useful autonomous tasks for the first time – park themselves at the end of the production line.
Tesla Self-Driving Will Be 10X Better Than Human Drivers.
Optimus Starts Production This Year – Also in Production of a New 22 Free Hand (22 DOF Hand).
“The most sophisticated humanoid robot on the planet”
“Our robot has a real brain.”
“Tesla is a leader in real-world AI – applying what it learned from its vehicles to its robots.”
Tesla is the only company capable of mass production of intelligent humanoid robots.
“Optimus will be the biggest product in history – 10 times bigger than any other product.”

Cybercaps, Casting, Robot Production Plan

Cybercap production lines are as fast as consumer electronics factories – inaccessible to people, one shipment every five seconds.
Need a Bigger Casting Machine – 50,000 tons – “What’s the limit of the laws of physics? Let’s find out for ourselves!”
Approximately 5,000 Optimus production targets for this year (10,000-12,000 parts)
50,000 units in 2026, and outside sales start in the second half of the year.
First, provide it to Tesla employees first.
Our goal is to make great products and services that people will love, and to take good care of them.
Revenue is the difference in the value of output to input.

Other remarks and future vision

Tesla is by far the most innovative company in the automotive industry.
The stock market is a very strange thing – stock prices rise and fall in line with people’s feelings about the future.
Tesla’s Future Is Incredibly Bright.
Staff Question: Isn’t the robot taking away my job?
→ Elon: People will be in charge of managing robots. Self-driving cars will also be in charge of fleets.
Electrical vertical take-off and landing jets (VTOL jets) are also likely to be made someday.
Hyperloop – high-speed vacuum tunnel between city centers + autonomous pods.
Ideas are easy, difficult to implement.
Future Mission Statement: “Sustainable Abundance for All”
Master Plan 3 + Abundance = Master Plan 4
Optimus production takes place on a larger production line in Fremont + Austin.
“Tens of millions, maybe 100 million robots a year.”
“One thing is for sure – the future will be really interesting.”