Revolutionizing Industries: TSLA Stock with Steven Mark Ryan

Tesla's heavy investment in AI and autonomy, potential for full self-driving capability, and innovative business model have the potential to revolutionize multiple industries and generate massive revenue through software subscriptions and other ventures

Questions to inspire discussion

• What is Tesla's focus on AI and autonomy?

  —Tesla is heavily investing in AI and autonomy, with plans for a fleet of autonomous vehicles and humanoid robots generating massive revenue through software subscriptions.

• What is the potential for Tesla's future revenue?

  —In 10 years, Tesla could have a huge fleet of vehicles and robots generating massive revenue through monthly software subscriptions, making their existing business look insignificant in comparison.

• What is the potential for Tesla's involvement in AI and AGI?

  —Tesla's development of the Optimus humanoid robot could lead to a merger between humans and AGI, as well as playing a role in colonizing Mars.

• What is Tesla's approach to autonomy and AI?

  —Tesla is transitioning from a car company to an autonomous vehicle robot AI company, with a $10 billion investment in AI this year and a focus on AI and autonomy.

• What is Tesla's plan for future battery production?

  —Tesla is planning to build mega pack factories in multiple countries to localize the supply chain and produce products closer to where they will be used, positioning themselves to meet the future demand for energy and batteries.

Key Insights

Tesla's Future Potential and Investments

• 🌐 Autonomy will make the rest of Tesla's existing business look like a rounding error, with multiple order of magnitude increases in revenue and profits in the coming decades.
• 🧠 Tesla's built the real world AI and Grock's likely to be the language-based form of intelligence, solving the puzzle of artificial general intelligence.
• 💰 "Tesla is doubling down on AI with major investments, spending $10 billion this year, and it's clear they're not just a car company anymore."
• 📈 Tesla's robot taxi launch could happen in the next 12 to 24 months, with 36 months being the upper limit.
• 🚗 Tesla could be operating Robo taxis in small pockets of San Francisco this year, with plenty of intervention-free rides already happening.
• 📈 Breakthroughs in AI capabilities can lead to sudden and significant improvements, creating a "hockey stick moment" in technology advancement.
• 🌍 Tesla is addressing the largest markets and has the most potential to win a significant market in the real world, changing by the hour, month, and year.
• 🚀 Musk has achieved what nations couldn't do with SpaceX, showcasing his unparalleled leadership in the technology industry.
• 🧠 Elon Musk's unique combination of intelligence, work ethic, and moral compass sets him apart from others in his ability to handle pressure and stress.
• 🛰️ Starlink's potential to capture 3-5% of global internet users could lead to trillions of dollars in profits over the long term.
• 🚗 Tesla's lead in FSD safety profile makes it nearly impossible for other companies to catch up, making licensing autonomy a necessity for survival.

Ethical and Societal Implications of AI and Autonomy

• 🧠 The concern over potential negative AI scenarios keeps many people, including Elon Musk, up at night.
• 🧠 The potential consequences of a company infected with the wrong motives developing AGI could be catastrophic for humanity.

#Tesla #Investment #AutoMobility

XMentions: @Tesla @stevenmarkryan @herbertong @HabitatsDigital @TeslaBoomerMama @FutureAza @TheJeffLutz

Clips

• 00:00 🚗 Tesla is heavily investing in AI and autonomy, with a future fleet of vehicles and robots generating massive revenue through monthly software subscriptions, potentially leading to a merger between humans and AGI and playing a role in colonizing Mars.
  • Tesla is all in on autonomy and AI, and Steven Mark Ryan, a strong Tesla bull, has a 10-year valuation model for the company's stock, projecting a future with a fleet of autonomous vehicles and humanoid robots.
  • In 10 years, Tesla will have a huge fleet of vehicles and robots generating massive revenue through monthly software subscriptions, making their existing business look insignificant in comparison.
  • Musk's companies are likely to converge, with the development of the Optimus humanoid robot potentially leading to a merger between humans and AGI, as well as playing a role in colonizing Mars.
  • Tesla has built real world AI and Grock is likely to be the language-based form of intelligence, and there may be collaboration between Tesla and XAI in terms of sharing data, information, and technology.
  • Elon Musk and Tesla are making significant changes, doubling down on AI and transitioning from a car company to an autonomous vehicle robot AI company, with a $10 billion investment in AI this year.
  • Tesla is focusing on AI and autonomy, with potential for a robot taxi launch in the next 12-24 months.
• 11:10 🚗 Tesla may soon achieve full self-driving capability, but the timing is uncertain, and the company's future success depends on assessing probabilities and modeling a range of scenarios.
  • Tesla could already be operating Robo taxis in small areas of San Francisco, but they are likely waiting to ensure a high safety profile before scaling up.
  • Breakthroughs in AI capabilities, such as text to image and text to video, have the potential to lead to a rapid global rollout of autonomy, but the timing of this breakthrough is uncertain.
  • Tesla is close to achieving a billion miles of autonomous driving and may reach full self-driving capability within 6 months to a year, but it depends on the company's decision.
  • Valuing a company like Tesla involves assessing probabilities and modeling a range of scenarios, with the speaker using a probabilistic approach to consider the potential outcomes of Tesla's future projects.
  • Interest rates have increased to a level not seen in over 100 years, leading to a 3% chance of a worst-case scenario for the company's future, while also considering the potential for increased value through a humanoid robot.
  • Investing in disruptive technologies like Tesla requires considering the range of probabilities for the company's success and waiting them accordingly, with the speaker having followed and invested in Tesla since the early days due to their success in delivering innovative products.
• 22:34 📈 Investor discusses decision to invest in Tesla, selling other stocks and putting entire emergency fund into Tesla at low stock price, confident in company's potential for innovation and domination in various markets, emphasizing individual risk tolerance and ability to sleep well at night when investing in any stock.
  • Investor discusses his decision to invest in Tesla, including selling other stocks and putting his entire emergency fund into Tesla when the stock price was low.
  • Diversification is seen as insurance for incompetence, but the speaker sees themselves as an opportunist and has invested in Tesla after assessing the risk and reward.
  • The speaker discusses their confidence in investing in Tesla stock, their ability to generate income, and their long-term perspective on the company's future potential.
  • Investing in Tesla or any other stock should be based on individual risk tolerance and the ability to sleep well at night, as everyone's financial situation and comfort level with risk is different.
  • Tesla's potential for innovation and domination in the auto, energy, AI, AGI, and labor markets is constantly evolving and surpasses that of other major companies.
  • Humanoid robots and automation have the potential to significantly increase world GDP, but many people are dismissive of this possibility due to their inability to comprehend the future potential.
• 37:03 🚨 Elon Musk's need for 25% voting control and influence in controlling AI is a big concern, as potential negative AI scenarios keep the speaker up at night, and negotiations with Tesla will be interesting.
  • Elon Musk's need for 25% voting control and influence in controlling AI is a big concern, as the potential negative AI scenarios keep the speaker up at night.
  • The speaker reflects on their past naivety and ignorance regarding potential risks, and discusses the various scenarios and experiments that have led them to realize the multitude of potential outcomes.
  • AI could potentially become self-aware and out of control, posing great risk if developed by big tech companies rather than governments.
  • Elon Musk should have some influence in Tesla, but not absolute control, and negotiations will be interesting as he wants more voting control rather than financial ownership.
  • The speaker expresses concern about the potential consequences of a company like Facebook, Google, or Amazon developing AGI, and the potential risks to humanity if they do not act responsibly.
  • Elon Musk is seen as someone who is genuinely concerned about the well-being of humanity, even though some people may have difficulty understanding his perspective.
• 44:18 🚀 Elon Musk is a visionary CEO making a significant impact on society through open sourcing technology, facing criticism, and working on solving world hunger with his brother.
  • Elon Musk is considered the greatest CEO in history due to his business skills and personal mission, with significant impact on society through his companies and technology.
  • Elon Musk is an exceptional individual with a unique combination of intelligence, work ethic, energy, and moral values.
  • Elon Musk is trying to make the world a better place by open sourcing technology and facing criticism from mainstream media and politicians.
  • Elon Musk is unique in his willingness to speak out on important issues, unlike many other high-profile individuals who are afraid of the consequences.
  • Elon Musk is sacrificing himself and facing constant attacks for trying to make things better, driven by missions and articulating clear goals, creating profitable and sustainable solutions aligned with the right incentives.
  • Elon Musk and his brother are working on solving world hunger by creating a food regenerator or some sort of device to make food in different environments, aligning incentives properly for all parties involved.
• 51:27 🚗 Tesla's business model, potential for licensing autonomy, and influence in the electric vehicle market will drive future cash flows and change the way people view car ownership, while Starlink has the potential to generate trillions of dollars in profits through low-cost internet access.
  • Tesla's business model involves customers paying for the cars and FSD, and then training the software, which contrasts with competitors who buy cars, outfit them, and hire people to operate them.
  • Starlink, funded by SpaceX, has the potential to generate trillions of dollars in profits by providing low-cost internet access through a global swarm of satellites, with the added advantage of SpaceX being the only low-cost launch provider for potential competitors.
  • Tesla's values as a company make it obvious that they will license their Full Self-Driving software to other companies in order to spread their technology and mission of safety.
  • Tesla's lead in FSD safety and potential for licensing autonomy will drive future cash flows and change the way people view car ownership.
  • Tesla's plan to offer insurance and lower the cost of car ownership through autonomy and data-driven incentives will likely lead to fast-tracked approval and strong government support.
  • China's influence in the electric vehicle market is causing other countries, like India, to want to compete, and the US may feel pressured to follow suit in order to not fall behind technologically.
• 59:39 🚀 Tesla's global political and diplomatic skills, plans for mega pack factories in multiple countries, and positioning to meet future demand for energy and batteries.
  • Elon Musk's ability to navigate political and government levels, as seen in the example of the gigafactory in Shanghai, showcases his brilliance as a diplomat and negotiator, despite some people's inability to accept it.
  • The CCP provided below market rate finance for Tesla's factory and removed import tariffs on existing vehicles, showing Tesla's skill in politics and diplomacy.
  • Elon Musk's ability to negotiate and do business globally, despite tensions between nations, is a positive sign, even though he may not be doing a good job with diplomacy in the US.
  • Tesla is planning to build mega pack factories in multiple countries to localize the supply chain and produce products closer to where they will be used.
  • Tesla is likely to produce batteries in areas with affordable labor and the ability to mine minerals locally or bring them in for refinement, leading to high demand for their battery packs.
  • Tesla and Elon are lucky to be positioned to meet the future demand for energy and batteries, and the speaker wants to be in the business of making batteries.
• 01:05:48 📈 Tesla's new data warehouse connected to its own batteries is a first of its kind, and discussing new technology and news is never-ending fun.

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Duration: 1:7:26

Publication Date: 2024-05-05T16:18:12Z