Elon Musk discusses the potential for a Gen 3 Tesla hatchback, the impact of competition on Tesla's sales, and the importance of asking more in-depth questions in interviews and earnings calls
Questions to inspire discussion
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What types of questions does Elon Musk want to be asked in interviews and earnings calls?
—Elon Musk discusses the different types of questions he would want to ask in an interview versus an earnings call in the video summary.
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What is the potential for a Gen 3 Tesla vehicle to be made in China?
—Elon Musk discusses the potential for the Gen 3 vehicle to be made in China in the video summary.
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What are the implications of Tesla's presence in the Chinese market?
—Elon Musk discusses the implications of Tesla's presence in the Chinese market in the video summary.
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Is there a battery shortage at Tesla affecting production?
—There is no battery shortage at Tesla, and it is not the reason for slower production or delays in China, as mentioned in the video summary.
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What is the potential for a small truck or van in different markets?
—Elon Musk discusses the potential for a small truck or van in different markets in the video summary.
Key Insights
- 🚗 Ford is putting one kilowatt hour batteries in their vehicles and getting big dollar credit, which is frankly a joke and ridiculous.
- 🚗 Elon Musk envisions a future with Robo taxi platform and facing seating, raising concerns about crash testing and passenger safety.
- 📞 There is speculation and interest in the possibility of licensing Tesla's Full Self-Driving (FSD) technology.
- 🔌 The transition to electric cars is already past the inflection point, making gas cars less appealing in the long run.
- 🚗 Elon Musk hints at the possibility of Gen 3 being a consumer vehicle, despite the focus on Robo taxis.
- 🚕 The regulatory approval for FSD in China is imminent, making it the future of the industry.
#Tesla #FSD #Megapactories
XMentions: @Tesla @RandyWKirk1 @FutureAza @HabitatsDigital @elonmusk
Clips
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00:00 🚗 Elon Musk discusses the importance of follow-up questions in interviews and earnings calls.
- Elon Musk has been asked by many to allow a YouTuber to interview him, but the recent interview with Nikolai Tangen was rushed and lacked follow-up questions.
- Elon Musk discusses the different types of questions he would want to ask in an interview versus an earnings call.
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01:52 🚗 Tesla may exploit loopholes in regulations for low-quality batteries, leasing may not be advantageous, and Elon Musk has questions about Starlink satellite throughput.
- Car manufacturers are exploiting loopholes in regulations to get credit for putting in low-quality batteries, but Tesla could also do the same and still benefit consumers.
- Leasing a Tesla may not be as advantageous if you can't buy it at the end, and Tesla may not need as many secondhand cars if they are ramping up production.
- Elon Musk has a lot of questions about the actual throughput of a Starlink satellite and other big questions.
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05:38 🚗 Tesla's presence in China, potential for Gen 3 vehicle production, and global market opportunities, with a focus on electric vehicles in India.
- Elon Musk discusses the design studios in different factories, the competitiveness of Chinese car makers, and the quality of their cars.
- Elon Musk discusses the implications of Tesla's presence in the Chinese market, the potential for the Gen 3 vehicle to be made in China, and the possibility of the compact car being a robo taxi, with potential for multiple form factors and global market opportunities.
- India is the largest country in the world and needs to have electric vehicles.
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08:13 🚗 Elon Musk discusses the potential for a Gen 3 Tesla hatchback, rear-facing seating in robotaxis, small truck/van markets, and progress of Tesla factories in India, China, and Berlin.
- Elon Musk discusses the possibility of a Gen 3 Tesla being a hatchback and the importance of making it attractive and inspired.
- Elon Musk discusses the possibility of facing seating in a robotaxi platform and suggests using a large bag or roof rails to fill the space between passengers for safety.
- Elon Musk discusses the potential for a small truck or van in different markets, noting that while small pickups may not be popular in some regions, a small van could have more utility.
- Elon Musk discusses the progress of Tesla's factories in India, China, and Berlin, and criticizes the lack of competence in certain financial analysts.
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12:48 🚗 By 2030, Tesla projects over 50-70% of electric vehicle sales, with a clear lead in autonomous driving and potential for licensing FSD technology.
- By 2030, electric vehicle unit sales are projected to be over 50-70% due to extreme scale, making it the focus of master plan part three.
- There is no battery shortage at Tesla, and it is not the reason for slower production or delays in China.
- Elon Musk discusses the potential of selling semi trucks for a premium price and the need to start building the factory to increase market adoption.
- Tesla's approach to designing their semi-truck is more efficient and compact compared to other manufacturers, and there is speculation about the possibility of licensing Tesla's Full Self-Driving (FSD) technology.
- Tesla has a clear lead in autonomous driving and other companies should consider stopping their efforts and instead partner with Tesla.
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18:42 🚗 Elon Musk discusses ongoing conversations about licensing FSD, Ford's supercharging partnership with Tesla, and the impact of competition on Tesla's sales in China, Europe, and Asia.
- Elon Musk is in ongoing conversations about licensing FSD, with the industry being relatively small and the same people talking to each other.
- Ford announced a supercharging partnership with Tesla, and the Model 3 is considered the best sedan on the market with outstanding value.
- The Tesla Model 3 in China is selling reasonably well, but faces competition from other electric sedans that are less expensive.
- Competition and consumer preferences are impacting the success of the company's sales in Europe and Asia.
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22:53 🚗 Demand for electric vehicles may lead to retooling factories, improved scale would reduce costs and potentially lead to a scaled-down Model 3, Elon Musk discusses affordability and challenges of charging, Gen 2 vehicle phased out in favor of Robo taxis with Gen 3 possibly being a consumer vehicle.
- Demand for electric vehicles may outstrip supply, leading to the possibility of retooling factories in Berlin or Texas to produce Model 3s, making the Fremont plant potentially redundant.
- Improved scale would result in reduced cost of goods sold, more efficient assembly line would increase margins and reduce prices, potentially leading to a scaled-down version of the Model 3.
- Elon Musk discusses the affordability and practicality of electric cars compared to gas cars, and mentions the challenges of charging in certain living situations.
- Apartment owners may soon be required to provide electrical charging for tenants, which would spur adoption of electric vehicles, especially for new construction.
- The Gen 2 vehicle is being phased out in favor of Robo taxis, with the possibility of the Gen 3 being a consumer vehicle as well.
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28:45 🚗 The Reuters article was misleading, Gen 3 vehicle won't be made in China, but a robo taxi version may be produced there, and there is a desire for more in-depth questions to be asked of Elon Musk.
- The Reuters article had problems and the headline was misleading, as the information was inadequate and based on guesses, showing a lack of accuracy and a focus on clicks rather than quality.
- The Gen 3 vehicle will not be made in China, but a Chinese factory may produce a robo taxi version, as regulatory approval for FSD is imminent in China.
- There is a desire for more in-depth questions to be asked of Elon Musk, but it is speculated that he may avoid them intentionally.
- Follow the channel "FutureAza" and leave questions in the comments for the chance to ask smart people questions.
- The speaker will have a brainstorming session tomorrow and it has been great talking to the audience.
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Duration: 0:34:39
Publication Date: 2024-04-10T06:09:09Z
WatchUrl: https://www.youtube.com/watch?v=WTUSOjOtBXA
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