Elon Musk Admits Tesla Could Hit $20 Trillion, Robotaxi Skeptics Still In Denial

Autonomous Driving Progress

🚗 Q: How is Tesla's robotaxi service progressing in Austin?
A: Tesla's robotaxi service in Austin has 11 vehicles with safety observers in the passenger seat, operating to collect data for regulatory approval.

🌎 Q: Where has Tesla's FSD supervised system demonstrated autonomous driving?
A: Tesla's FSD supervised vehicles have operated autonomously in Sydney, Amsterdam, Paris, and London with zero interventions, showcasing a generalized vision-only solution.

Vehicle Safety and Innovation

🛻 Q: How did the Cybertruck perform in safety tests?
A: The Cybertruck received a 5-star rating from NITSA, achieving the lowest overall probability of injury and lowest chance of rollover ever for a tested pickup truck.

🤖 Q: What role do humanoid robots play in Tesla's future valuation?
A: Tesla's humanoid robots at massive scale are considered a key factor in reaching a potential $20 trillion valuation, according to Elon Musk's modeled scenarios.

Expansion of Autonomous Services

🚕 Q: What are Tesla's plans for robotaxi service in San Francisco?
A: Tesla plans to launch a robotaxi service in San Francisco this weekend, with drivers in the driver's seat to collect data for regulatory approval.

📊 Q: How quickly is Tesla expanding its robotaxi service in Austin?
A: Tesla's autonomous vehicles have collected thousands of intervention-free drives in Austin, with robotaxis expanding their service area in less than 3 weeks after launch.

Autonomous Driving Progress

1. 🚗 

   Tesla's robotaxi service in Austin has expanded its area within 3 weeks of launch, achieving thousands of intervention-free drives and potentially expanding to San Francisco soon.

2. 🌎 

   Tesla's FSD supervised system has operated successfully without interventions in Sydney, Amsterdam, Paris, and London, demonstrating a generalized autonomy solution using vision-only technology.

Business Potential

1. 🤖 Humanoid robots at scale could drive Tesla to a $20 trillion valuation over the next decade, though extreme execution is required.
2. 🚙 Tesla's Cybertruck received a 5-star NHTSA rating with the lowest overall injury probability and rollover chance for any tested pickup truck.

Future Developments

1. 🧠 Tesla's XAI investment proposal will be voted on by shareholders, with the company inviting the first properly submitted shareholder to attend in person.
2. 🚕 Tesla's robotaxi service currently uses a safety observer but plans to remove this soon, with enough vehicles to potentially service over half the US population if software capabilities are proven.

• 00:00 🚀 Elon Musk claims Tesla could hit a $20 trillion valuation if it successfully scales its robo-taxi and humanoid robot ventures, backed by strong evidence of its Full Self-Driving technology.
  • Elon Musk believes Tesla's valuation could reach $20 trillion with successful scaling of its robo-taxi and humanoid robot businesses, requiring "extreme execution".
  • Tesla's Full Self-Driving technology, achieved with vision only, has amassed overwhelming evidence of its effectiveness, demonstrated through various videos from around the world.
• 02:05 🚗 Tesla claims to have solved autonomy, potentially leading to a $20 trillion valuation as demonstrated by its vehicle navigating complex London roads effortlessly.
  • Tesla has solved autonomy with a generalized solution that will scale rapidly and widely, potentially achieving significant success, such as a $20 trillion valuation.
  • Tesla's vehicle navigated through challenging London roads with roadworks and lane closures without any interventions, handling it exceptionally well.
• 03:47 🚀 Elon Musk and analysts assert Tesla's strong position in multiple sectors, with the Cybertruck's safety features challenging skeptics and suggesting a potential $20 trillion valuation.
  • Brett Winton is praised for directly stating facts, contrasting with Kathy Wood's more reserved approach.
  • Tesla Cybertruck's safety features, including a five-star rating and low probability of injury, proved critics wrong who claimed it would not be safe due to lack of a crumple zone.
  • Elon Musk and Morgan Stanley analysts believe Tesla is exceptionally well-positioned in data, robotics, energy, AI, manufacturing, and infrastructure, making it a highly promising investment opportunity.
• 06:28 🚗 Elon Musk hints at Tesla's potential robotaxi service, competing with Uber, and rapid expansion could scale quickly.
  • Elon Musk suggests Tesla's rapid expansion of robo-taxi services, potentially launching in San Francisco, implies a generalized solution to autonomy that could scale quickly and compete with Uber.
  • Tesla is planning to expedite regulatory approval for a potential robotaxi service, possibly with a driver in the seat, as referenced in a Business Insider report based on an internal memo.
• 08:12 🤖 Elon Musk hints at Tesla's potential for autonomous vehicle operation, starting with data collection from monitored drivers to eventually remove human intervention.
  • Tesla can collect data to prove safe autonomous vehicle operation by first using drivers who monitor but don't intervene, then removing the driver from the driver's seat.
  • Tesla currently only has a permit to operate a charter service with human drivers, not a permit for autonomous car services.
• 09:35 🚗 Tesla's "robo taxi" service isn't fully autonomous yet, needing a safety observer, but its vehicles demonstrate significant capability in transporting people autonomously.
  • Tesla's current "robo taxi" service is not truly autonomous, as it requires a safety observer, typically a Tesla employee, to sit in the front passenger seat.
  • The definition of a driverless vehicle is debatable, but what matters is the vehicle's capability to autonomously transport people, which Tesla's vehicles have shown to be successful.
• 11:38 🤖 Elon Musk hints Tesla is close to making Robotaxi a reality with thousands of intervention-free drives already happening.
  • Focus on the software's capabilities, not external factors like human supervision or arbitrary autonomy classifications, to evaluate its performance.
  • Tesla is effectively operating robo-taxis in Austin, Texas, with human supervision in the passenger seat, which will eventually be removed as data is collected to gain regulatory approval.
  • Tesla is technically close to making Robotaxi a reality, with thousands of intervention-free drives already occurring in Austin and plans to expand to San Francisco.

WatchUrl: https://www.youtube.com/watch?v=7_HLdMWqkkg