Elon Musk and Tesla are confident in their advancements in autonomous driving and robot taxis, with Musk emphasizing the importance of trusting his vision and long-term planning for the success of the company
Questions to inspire discussion
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What is Elon Musk's confidence in Tesla's advancements in autonomous driving?
—Elon Musk and the Tesla team are extremely confident about the Robo taxi and FSD V12, with an increasing number of positive experiences and signals indicating that the company is ready to make significant advancements in self-driving technology.
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What does Elon Musk think about the safety of Full Self-Driving (FSD)?
—Elon Musk discusses how using Full Self-Driving (FSD) in his car has made him realize that he is not as good of a driver without it, and he feels safer and more comfortable when using FSD.
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What is Elon Musk's bet on achieving level four by December 2024?
—Elon Musk discusses his bet on achieving level four by December 2024 and expresses excitement about becoming a parent.
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What does Elon Musk believe about the need for additional cameras and data for Tesla's autonomous driving system?
—Elon Musk discusses the need for additional cameras and data to improve Tesla's autonomous driving system, arguing that redundancy is not necessary and that it would only cause a delay in the system's development.
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What is Elon Musk's view on regulation for the implementation of Robo taxis?
—Elon Musk believes that regulation will not be an issue for the implementation of Robo taxis and that states and cities will be eager to adopt them due to the numerous benefits they offer.
Key Insights
Future of Autonomous Vehicles and Self-Driving Technology
- 🚗 The overwhelming positive comments around FSD V12 signal that the company is ready to go wide with the software.
- 🤖 The moment AI goes from almost there to significantly better than anyone else happens very quickly, as seen in examples like chess and go.
- 🚗 The future of autonomous vehicles will revolutionize cities and change the way people live and commute.
- 🚗 "It's not about next year or 88 or anything like that. It's who do you think is going to solve it and do you really think this will be fundamentally a paradigm shift in the world."
- 🚗 Self-driving technology will be one of the greatest technological achievements in the last 100 years, dramatically reducing the cost of transportation for human beings.
- 🌍 Technology is fundamentally changing human desire, and autonomy is viewed through the lens of fulfilling core needs and wants.
- 📈 Tesla's ability to manufacture millions of units per year of self-driving cars puts them in a league of their own, with no other company even close to competing.
- 🚗 The cost per mile for a self-driving car is less because there's no driver, making it more profitable than Uber.
Elon Musk's Strategic Thinking and Industry Influence
- 🏀 Elon Musk's strategic thinking is compared to LeBron James playing chess in basketball, showing his ability to think far ahead in the space industry.
- 🏀 Elon Musk is like the LeBron James of technology and industry, operating at a level that makes everybody else look silly.
- 🤖 Elon Musk's acquisition of Twitter could provide unique vast amounts of data for AI training, giving Tesla a competitive edge in the real AI space.
- 📈 Wall Street may finally wake up to the potential of Tesla's Robo taxis and autonomy, leading to a bullish market shift.
#Tesla
XMentions: @Tesla @farzyness @NickGibbsIAG @HabitatsDigital
Clips
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00:00 🚗 Elon Musk and Tesla team confident about Robo taxi and FSD V12, aiming for level four self-driving by 2028, with Musk feeling safer and more comfortable using FSD in his car.
- Elon Musk and the Tesla team are extremely confident about the Robo taxi and FSD V12, with an increasing number of positive experiences and signals indicating that the company is ready to make significant advancements in self-driving technology.
- Elon Musk discusses how using Full Self-Driving (FSD) in his car has made him realize that he is not as good of a driver without it, and he feels safer and more comfortable when using FSD.
- Elon Musk discusses his bet on achieving level four by December 2024 and expresses excitement about becoming a parent.
- AI and neural nets can rapidly go from almost as good as humans to significantly better, and with the new hardware in Tesla cars, there is a chance for a level four system to be rolled out by 2028.
- Elon Musk discusses the advanced capabilities of Tesla's self-driving technology and the transition from heuristics to end-to-end processing in hardware.
- Elon Musk believes that the placement of cameras in Tesla vehicles is not a significant issue and can be solved with software, and that if it were a genuine problem, it would have been addressed by now.
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18:55 🚗 Elon Musk discusses the need for additional cameras and data to improve Tesla's autonomous driving system, believes regulation won't be an issue for Robo taxis, and focuses on solving technology and changing transportation paradigm.
- Elon Musk discusses the need for additional cameras and data to improve Tesla's autonomous driving system, arguing that redundancy is not necessary and that it would only cause a delay in the system's development.
- Elon Musk believes that regulation will not be an issue for the implementation of Robo taxis and that states and cities will be eager to adopt them due to the numerous benefits they offer.
- The speaker discusses the widespread adoption of technology and the skepticism surrounding it, as well as the impact on stock prices.
- Elon Musk's focus on autonomy in Tesla's vehicles has been a driving force for investors and believers, despite skepticism and obstacles.
- Elon Musk's focus is on solving the technology and changing the paradigm of transportation, and while there may be frustration with delays, Tesla's approach to self-driving technology at scale is unmatched.
- Elon Musk felt more confident with version 11 and enjoyed bantering with Cindy.
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40:15 🚀 Elon Musk's self-driving technology will revolutionize transportation, and Tesla's manufacturing capacity could dominate the market.
- Farzad's assessment of Elon Musk's timeline for winning a battle was based on his own research and not just on what Elon said.
- Elon Musk should not be blamed for everything and people should form their own opinions based on their own research and reasoning.
- Elon Musk's self-driving technology will be one of the greatest achievements in the last 100 years, dramatically reducing the cost of transportation and making it more accessible.
- The company that can produce the most units at the cheapest cost will win, and the speaker resonated with the idea while driving through Middle America.
- Elon Musk discusses how autonomous vehicles can fundamentally change economic value and human desire, especially for those in disadvantaged situations.
- Elon Musk discusses the potential for Tesla to dominate the market due to their manufacturing capacity and profitability in making electric vehicles that drive themselves.
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53:46 🚗 Tesla's approach to self-driving technology is questioned by Elon Musk, who believes they are on the wrong path, while also emphasizing the potential success of their technology and announcing he is having a child.
- Automakers are not investing in data centers or making deals with Nvidia, and if Tesla solves electric vehicles, it will become a monopoly.
- Elon Musk believes that Tesla's approach to self-driving technology is fundamentally flawed and that they are on the wrong path, while he claims that Tesla is on the right path with zero disengagements in version 12.
- The current hardware and data capabilities of Tesla's self-driving cars may not be sufficient to meet regulatory approval, and by the time regulators approve the technology, competitors may have caught up, diminishing Tesla's competitive advantage.
- Ignoring the investments and advancements made by Tesla, as well as the reported intervention-free drives, is overlooking the potential success of their technology.
- Elon Musk's focus on self-driving cars and the progress made in software development suggests that regulation will not be a major issue, and the company is on the right track.
- Elon Musk apologizes for making dad jokes and announces that he is having a child.
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01:04:50 🚀 Elon Musk discusses the impact of rumors on Tesla's stock, doubts about profitability, and the potential of self-driving cars, emphasizing the importance of trusting his vision and long-term planning.
- Elon Musk discusses the impact of rumors and market perception on Tesla's stock value and the potential long-term implications of canceling a compact car model.
- The investing population has not seen the profitability of Tesla's Transportation as a Service (TaaS) and there are doubts about Tesla's ability to solve autonomy and make a profit in the near term.
- Self-driving cars will provide privacy, comfort, and cost savings, making them more profitable than traditional ride-sharing services like Uber.
- Elon Musk discusses the future of the economy, investing in Tesla, and the importance of trusting in his vision based on historical data.
- Elon Musk's consistent success with innovative technology and large-scale visions should be taken seriously and not dismissed as speculative.
- Elon Musk's ability to plan far ahead is compared to LeBron James' strategic thinking in basketball, and the speaker expresses admiration for both of them.
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01:24:05 🚀 Elon Musk's vision and decisions should not be doubted, as history shows that companies can thrive despite changes, and his acquisition of Twitter will benefit Tesla in the long term.
- Elon Musk is like LeBron James in the technology and industry world, and it's a recipe for disaster to doubt his vision and decisions.
- Investing is a game of likelihoods, and it's important to listen to people who have consistently been right, rather than trying to outsmart the market with ego-driven decisions.
- Elon Musk's distractions and changes in leadership at Tesla have caused concern, but history shows that companies can thrive despite changes.
- Elon Musk's acquisition of Twitter will provide Tesla with a unique and valuable data set for training AI, ultimately benefiting the company in the long term.
- Media amplifies the challenges and mistakes of game-changing companies, leading to a landscape of clickbait and sensationalism, but alternative channels offer a way to think contrarian thoughts.
- Elon Musk acknowledges the impact of a fair point.
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01:36:04 🚀 Elon Musk emphasizes the importance of seeking out opposing viewpoints and focusing on facts, as media coverage of Tesla and upcoming events could have significant implications for the company and investors.
- People are influenced by the information they consume, and it's important to be aware of biases and actively seek out opposing viewpoints to avoid being a mere reflection of media sources.
- Elon Musk discusses how media coverage of Tesla is driven by engagement and selective information, and emphasizes the importance of looking at the broader context and focusing on the facts rather than getting overly excited about bad news.
- Elon Musk's compensation plan being voted down would have significant negative implications for Tesla, potentially leading to a loss of faith in humanity.
- Elon Musk's legal fees and upcoming shareholder vote at Tesla are crucial for investors, with the next earnings call being the most significant in the company's history.
- Elon Musk is expected to address the negative press and focus on Tesla's energy and autonomy during the upcoming event.
- Elon Musk has a theory and hopes to address an important issue.
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01:56:33 🚀 Elon Musk's advancements in autonomous driving and robot taxis are gaining traction on Wall Street, despite potential negative impacts on Tesla stock, as he makes a genius move with a $99 FSD subscription and considers community suggestions for fully autonomous Robo taxis.
- Elon Musk's former colleagues and industry insiders are signaling that Tesla's advancements in autonomous driving and robot taxis are gaining traction on Wall Street, and the information they are sharing is valuable.
- Elon Musk is excited about an upcoming call, but predicts a negative impact on Tesla stock due to various factors such as production challenges and deferred revenue.
- Elon Musk discusses his drinking habits and makes a beer bet with someone, expressing his love for the community and the conversation.
- Elon Musk made a genius move by offering a $99 subscription for FSD, as it hooks people into the ecosystem and will likely lead to higher prices in the future.
- Elon Musk and Tesla may be getting ideas from the community and Elon Musk has been seen acknowledging and considering suggestions from the community.
- Elon Musk discusses the different levels of autonomy for Tesla vehicles and the potential for fully autonomous Robo taxis.
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Duration: 2:7:41
Publication Date: 2024-04-20T17:57:01Z