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special virtual guest appearance from freaking Elon Musk uh this is just uh crazy so let's um let's hey guys uh yes okay so Elon I just uh this is John uh from Tes owner Silicon Valley I just want to personally thank you for spending your precious time to be here uh at The X takeover with this audience uh on behalf of Tesla owner Silicon Valley thank you for coming H you're [Applause] welcome so we just W to um I guess let's just dive right into it um but can you share um just a little bit

about um any really just um hold on sorry was like so I think one one thing obviously we know in the next week or two uh Starship 5 is going to be happening what's top of mind what does success look like for you well it's probably not from a standpoint of when Star would be ready it's probably probably is about two or three weeks but then then depends on when we get the FAA license so the that is probably end of August is my guess earliest um and it may go to early September just depends

on on how fast the FAA grants our license and for you what does success look like I know there's the idea of literally um using the Chopsticks to capture this is is that still the goal does that is that what success would look like or what um what is success for you and SpaceX in this next Starship 5 launch well the we would like to catch the Mecha the the booster in the giant Meola arms which is sounds kind of insane um and uh because this this is the largest playing object ever made so to

catch it with uh you know giant robot arms is um you know pluck it out of the sky is is pretty insane but I think it's it's got a decent chance of working um might take take a few kicks at the can before it's actually before it works well um but so we're not breaking physics so success is one of the possible outcomes here um so we do want to try to recover the booster we on the last flight we were able to achieve a soft Landing in the ocean or the the gulf um in

the water and way yeah that's cool um so I think people may have seen the Real Time video um all the way down to the to splash down um and then the other thing we're hoping to achieve is obviously a more robust heat shield so um you know last time we the ship actually did make it to um to the the Pacific Ocean or kind of like the border of the Indian and the Pacific Ocean um and uh it did light the engines and actually the ship did achieve a soft Landing but the we lost

a lot of heat shield tiles and um it's kind of amazing that the ship uh did did make it to a soft water landing and that it it made it all the way it also splashed down because of lost tiles and I mean we basically like two like control with like little skeleton hands um but it managed to make it but it it it didn't it didn't get to um a the exact cor location so because ataska the Control Authority was about I think 6 miles or so off uh off course from its Landing location

so this time obviously we want the the heat shield to survive uh intact um and the flaps to have full control Authority and uh land at a not not just land softly in in the ocean but but land at the exact right location um the the the ship uh Landing is the tough part uh meaning like that's because the ship has a heat shield and it's really designed to survive entry not not to um sort of vaporize um it comes down very much intact and so we need to make sure that for the ship um

that the reliability of the heat shield is extremely high and that the the flaps that and that it can steer to a very precise Landing location um because if it were to break up of a you know populated area there some possibility of debris hitting um you know damaging property or or people and so we want to be really confident that the ship um heat shield is super robust and lands at the exact right location um so before we try to bring the ship back to the launch site we'll probably I think want to have

at least three uh successful Landings of the ship um you know and the ship heill this time is substantially upgraded um i' say it's at least twice as good well some cases like infinitely better um and has a secondary uh heat shield behind the primary heat shield so uh that's probably longer explanation than maybe you're looking for but um that's what we're hoping to achieve is um I think we got probably a 50% chance is of catching the booster and then probably probably better than 50% maybe 60 70% chance of the ship uh heat shield

remaining intact on this upcoming flight assuming nothing else goes wrong so one thing I did want to comment is actually the X takeovers actually you're you're coming through starlink right now so all the work SpaceX is doing uh it's all through starlink well it's starlink here too it's a starlink starlink starlink connecting starlink yeah I'm I'm testing the starlink min as well so I'm like alternating between the the main stalling dish and the stalling money dish um now to be clear the stalling money dish is not as good as the regular dish because it's a

smaller antenna it's not as much uh antenna area as the as the regular dish um so um just to be clear like the starlink mini is not exactly the same as the other one but but just smaller backpack size it's it's yeah it's it's like you give up a little bit of antenna area um for uh but it's it's extremely portable so it's like I don't know maybe a quarter of the weight of the regular one but and and and you'll get about half the bandwidth so it's it's it's sort of it's power to weight

it's like ability to weight ratio is is quite is really good it's um and then yeah you can just put in a backpack take it anywhere you want um I think it' be pretty pretty good as a sort of a backup device for emergency services um so um actually a lot of sort of First Responders and emergency services are you looking at having that as just um just because it's so easy to just put on a vehicle in fact I know people have put it on Teslas which is pretty cool um they like we have

cyber trucks here with them literally stationed on them shout out to Tes Latino and some of the other ones yeah but I think like the Sonic the Sonic money especially is because it's so portable and and easy to put in places uh it's just great for uh emergency services or if there's like you know forest fires floods natural disasters um which take out you know where you lose the ground fiber and you lose the uh cell towers then you still have uh access to the internet with astronic so Elon we're in the market for a

starling community so two thumbs up good reviews how do you like it so far uh it's good um you know it's it's a new product so we're we're we it's like like ironing out little little things here and there um but so far so good it's looking good I think it'll be um a huge seller and and and also it it it costs less to manufacture so that means the terminal cost um I think might might ultimately get down around a couple hundred bucks uh which is makes it accessible to lot you know many many

parts of the world where where um the more expensive terminal the more expensive terminal is is is unaffordable so this should be affordable for uh for for you know much of the world well I can't wait to get out to South Padre Island for selfish regions and have the starlink mini to cover this live uh but what's incredible is just the access that starlink is is you can go anywhere in the world and have access like the gap for knowledge is no longer going to be an issue in some of the most remote places so

even making it more accessible with starlink mini is just insane um quickly back to the Starship 5 so Starship 4 happened I um I saw I I was there live on Isa Blanca park it was and then even uh going through the star factory tour just what you guys are doing at Star base is in incredible and how fast you iterate and make changes on the fly as it's um you know each day that goes by it feels like a century maybe at other places because of how much you guys are changing what you know

outside of the heat shields what were of the other big findings from the Starship 4 launch that you guys are implementing for and preparing for for this upcoming launch well this this there's really uh between each flight there are hundreds of changes on both the ship and the booster um uh many of them are are very sort of small but they add up you know cumulatively to to significant uh changes so uh so so like if you add changes to the ship the booster and to to the launch site you're really talking about thousands of

changes between each flight so uh you got really talented teams of SpaceX working on the the stage zero which is like the uh the launch site um and Stage zero is as important as stage one and two uh so the stage one being the booster stage two being the the ship um so man it's there's so many it would be and a lot of them would wouldn't if I got into the details of it people would be like I don't know what you're talking about you know it's going be well it's going be like a

like a little valve here and a a line change here and a routing wiring routing change there and a bunch of tweaks the software and so it's it's a whole bunch of things that that are not like uh as easy to describe as upgrading the heat shield um and um yeah there's um yeah uh now there's there's a a much more significant change coming um in a couple flates from now I think it's shift s where we move the the forward flaps more towards the rear um so this always bugged me as a kind of

um design mistake we made with the ship initially which is to have the the forward flaps be symmetric with the rear flaps where the forward flaps are um at 180° um and um and you really actually want the forward flat to be um kind of in the Lee of the wind um I'm cous about getting into too much technical detail that that maybe doesn't uh make sense if you don't know about like rock um stairs itself is it's kind of like a sky diver where the flaps are like your the forward they're like hand arms

and legs so it's really different from a plane um it's it's like um and then the the forward flaps you really don't want the forward flaps to be visible to the airflow um because the you're really trying desperately to to not have the engine side uh rotate forward and get into the hot plasma so the with I think it's shift 7 the the the the Ford flaps get smaller and they they kind of go they rotate back I mean they change position instead of being 1880 degrees is like I don't know maybe 150 degrees so

um and so um the the Ford flaps are really just uses trim flaps so that basically in a nutshell they they the flaps get smaller and lighter the payload improves um and uh and then then there continued improvements to the heat shield uh the the engines get get better so we're able to run the engines at higher thrust with more reliability um and then um a really big step change will be maybe an in the next year or something like that uh where we get rid of the base heat shield and the ship heat shield

the engine the engine side heat shield so the the engines are do not need to be encapsulated with the the next big revision of the raor engine um which which is quite tricky but but that that eliminates a lot of mass at the base of the vehicle and at the base of the ship the base of the ship and the booster both um get a lot lighter and the engines are more robust um there's a lot of Starship technical detail here but um and and and then also the the payload will be comfortably above 100

tons to a useful over um so 100 times to useful of it with full reusability um where the the booster in the ship come back to the launch site means that the cost per ton to orbit is I maybe about 100 times less than it has been in the past um and this is what would enable uh life to extend beyond Earth um and uh and and to pull a self-sustaining City on Mars which would maximize the probable lifespan of Consciousness um by I don't many Millennia if not millions of years I'm going to pass

it over to Kelvin uh after this but one thing that's incredible about you Elon is how much in the weeds you are I don't think I've ever seen any leader at any company uh be so involved in the weeds and the fact that you can go as high high and as low um literally it's just truly out amazing so I'm going to pass it over to to Kelvin but um that's just one thing that I've noticed about you is that you're highly involved in everything you're doing um and you're able to step out bird's eye

but also get into the weeds yeah well I mean I drive the engineering design at the company so that that's um like relatively unusual um you know but that's that's I mean that's I think a big part of why the companies succeed is because I I understand the engineering and um I I know when somebody you know like my judgment on whether somebody is great at engineering or design um is is quite good uh so in terms of of really having the most talented people um giving them the most respons responsibility if if you if

you don't actually understand the engineering then then how do you know that somebody's a good engineer um so that's really important um so that's uh I think you know we're a very talented team but but in order to know that somebody's talented you must also understand the uh [Applause] engineering you we're going to shift gears and uh talk about Tesla wo sounds good let's just the Tesla take over now the X takeover but we do Tesla takeovers all over the world now yeah that's cool thank by the way guys I just want to say thanks

a lot for your support it's super appreciated thank you and I um I know uh kin is going to follow up with a question but I just wanted to say thank you uh from our Organization for the support I'm literally 2018 got my Tesla started driving it and I can't believe the amount of fud out there on it and fake news especially even in the Bay Area and so always been that way you know it's just Fu into to getting into this community and and creating uh now these epic events uh so but I'll pass

it over to Kelvin yeah Elon so obviously a lot of Tesla fans here as well as SpaceX but uh regarding on the Tesla side can you give us any updates on any future models obviously you know the robo taxi is coming out you know I mean I can't quite I can't do like product announcements uh at The X takeover just joking um I mean I think the the you know a lot of what I've said I I said on the earnings call or I try to you know say what I think on the earnings call

the the the overwhelmingly important thing is is achieving un unsupervised full self-driving so this is really profound and um hopefully a lot of you have gotten the chance to use uh 12.5 or at least 12.3.3 um so the you know the the Tesla AI team and it's it's a couple hundred it's not a huge team it's it's just a few hundred um super Talent Engineers but I do want to emphasize that it's a you know it's it's obviously way more than me and and but it's also it's more than a sh and and and uh

it's it's like I it's it's it's like tough to recognize like 200 people but I just do want to emphasize that there's there's well it's actually a little more than 200 people that that that are really responsible for the full self-driving software side and then we've got a great chip design team um because you need the chip to chip you know the chip uh it's going to run on something so the Tesla AI chip uh Hardware 3 and Hardware 4 and then upcoming Hardware 5 which will probably be in volume production in 26 yeah 26

um uh this there's really great great great triip team um and um and then we we've also got uh a great uh a training cluster team like it's actually very hard to run a lot to to to build and run a large training cluster is is takes a lot of skill and and a lot of work um so um you know the team's cranking 24/7 on building the the South Extension to the uh Giga Factory uh in Austin um and I was I was actually just talking to the team last night um making good progress

for installing the servers um but uh but I do it's like some people think oh you just buy Nvidia you know gpus and plug them in and they start the training run and off you go this is not the case at all it's super hard actually um the in fact one of the tricky things that uh is is kind of interesting with if you've got a if you've got a large uh Invidia training run or any kind of like large training run the power fluctuations are um unlike anything you ever see anywhere else because the

the the gpus all running with extreme Precision it's like it's it's like a a symphony uh like this massive Symphony with you know uh in the case of the installation in at at Giga Texas will be 50,000 it's like imagine 50,000 instruments all moving in Symphony um and that what that actually causes it's it's like actually extremely difficult like a nightmare electrically because when the when the gpus go up the power goes up and the gpus go down power goes down and this can happen at like 100 millisecond intervals so it's uh it's actually quite

a difficult thing electrically um sounds like a light show Almost it's kind of like a light show it's it's um the it it's just you just get these dramatic changes in in power drol um and so you and and when you got 50 megawatts uh that can go from 50 megawatt down to 20 Mega wats in 100 milliseconds like it's just very unusual so um and back up again um anyway so this it's it's actually quite a challenging so so shout out to the the Tesla team for that is um you know building and operating

the the training center so it's it's it's really it's like quite a few pieces of the puzzle that need to be done um and then we've got to record record a lot of data uh and and uh you know and feed that into the training system but the the net result is that um it's it's really starting to become quite compelling I think uh with 12.5 um and um as I mentioned publicly we've increased the number of parameters by a factor of five um now this one can simply increase parameters One does not simply increase

parameters um it's it's uh if unless those parameters are useful um and done in in the right way uh you it it's just it's it's it doesn't matter you actually have to have the parameters be the the right each parameter is like a it's a number but the numbers have to be correct um and and you can think of what um like what what the AI is trying to do is effectively compress reality so it's trying to say like okay we're taking all this video in trying to understand reality compress it down to um you

know a few gigabytes really um although Al I think it's gonna that's steadily expanding it'll probably end up being 20 Gigabytes soon but we're trying to compress reality into I don't know a few gigabytes is pretty hard um and um and and because our the inference computer in the car is um much weaker than say a GPU in a server Center it it's it's only got like uh maybe uh 15 to 20% as much power um and um so so in order to make if if your inference computer is relatively weak then you you have

to spend actually more effort on the training side in order to [Music] to make up for the weak inference computer anyway so um but it is working it's I think it's it's doing really well um and um I think we we'll see R continued rapid improvements each passing [Applause] [Music] week speaking of uh light shows Elon I just want to say thank you for reposting and sharing our Late Show from X takeover appreciate it uh sure uh so I want to talk about battery technologies uh what advancements are you most excited about in terms of

uh Battery Technology and how will they impact the range of um in efficiencies of future Teslas well the I think it's important to note that even if there were no battery breakthroughs at all um I think you could Electrify all Road Transport um and all all Road and transport and All Ships could be electrified um with with even if there was Zero improvements in Battery Technology this may important point to note now there will be improvements in Battery Technology but even if they weren't you could Electrify all ground and water transport um for airplanes you

need you do need some improvement in the um uh energy density the gravimetric and volumetric energy density so you've got a you ideally want to have about a 450 or 500 1 house per kilogram U energy density uh which you can get I think in some it's it's it's getting there like it's it's it's the you know with some expensive cells they're they're up in that region um but uh really most of the um R&D effort is in is in improving the uh cost per uh wat per kilowatt hour so the the the cost of

range impr like how do you get improve the cost of the battery pack in order to make the cars more affordable um and um and then yeah the you from a range standpoint I think people are coming to expect uh a range of roughly 300 miles I think as being kind of normal uh maybe a little above 300 miles uh and that's if you're assuming that you're going You're not you know climbing a mountain in cold weather because as you as you ad more load the range will decrease on the other hand if you're going

down a mountain your range will increase um so you know it's a um so you know I think we're we're really going I think starting to see like a a a normal EPA range of above 300 miles as being kind of the normal normal standard um and and then just figur out how to build enough battery packs get uh and scale it up um uh we're making good progress on the Tesla designed cell which is a a design man factur cell uh which is this is a hard problem I mean there are entire companies that

that's all they do um but the rate of progress is good and um but like I said no major breakthroughs there's a lot of a lot of work just to say like how many gwatt hours of cells need to be made every year to really transition the world to a sustainable energy economy it's actually you know hundreds of gwatt hours per year ultimately perhaps thousands um and uh a lot of it will go to stationary storage so for um you know pairing a wind power with stationary battery packs and solar power with stationary battery packs

um and just overall improving the efficiency and stability of the grid with with the stationary battery packs that's that's actually quite a big deal so yeah but overall I feel like things are progressing at a good rate [Applause] so I've been um again I'm when you think of a lot of the the ogs that I've met um over the years who've been following Tesla I'm fairly late to the game but it's in it's crazy even since 2018 going from you know being weeks if not days from bankruptcy to how the company has been going from

you know ramping to 5,000 model 3s into full self-driving and the one thing I mean you I always knew that I was driving a a robot at the end of the day um but never did I think I I guess maybe my the you know I was just limited in thinking that we would ever create humanoids in Tesla specifically and again yeah how would you say you know as also too you know Tesla is an AI robotics company um you know how is that to being in the factories and you've made comments about how happen

in the world um and so you know how is robotics yeah so how is robotics humanoids just impacted the valuation View and really the vision for the company right well I mean you can think of the the Tesla cars as essentially robots on four wheels um so the it's really really profound and I'd recommend you know G get just giving demonstrations of the self-driving capability to people um you know to friends and family and stuff U because if if you take a model 3 or model y I mean it it's a good-look car but it

it doesn't look like it has like super intelligence you know it looks looks it looks like it's a good-looking electric car uh but it doesn't look like it's like I I I I use the analogy like let's say you had a cat and looks like a normal cat but actually your cat can talk and jump up and and and do like a hat and Cane dance and do like a musical are you talking about Garfield like like let's say let's say you had a sanan cat that could talk and and do and and and sing

and dance but but people look at the cat on the couch and and and the cat well just looks like a normal cat you know until it jumps up and does the song and dance and it's like who whoa like wow what was what was that um so so that that's the thing with the the self-driving is that yeah sure the model 3 why they're goodlooking normal looking cars uh except uh ours can basically sing and dance um and it's intelligent and can drive from one place to another so um so just just demonstrating that

to people kind of blows their mind um so I'd recommend doing that because that that really that's really key um and then for the Optimus robot um that's really an extension of of what we've learned with the car so the car is a robot with four wheels intelligent robot with four wheels and Optimus is intelligent robot with arms and legs so you know in the case of um in the case of Optimus uh we we have to design uh every part of the robot from scratch uh the you know all the the motors and gears

and um electronics and sensors uh all had to be designed from scratch and also we have to learn how to how to operate uh all of these motors and sensors um you really get to learn a lot about how the human body works and you realize there's a reason why we we evolve this way um you know the reason why the the the muscles that operate your hand are actually located in your forarm um because you actually and and so you're you know if if you your sort of hand it's sort of like it's like

it's really it's like a puppet basically um and and the puppet strings are in your forearm and and the so um I mean there there are a small number of muscles that are actually in the hand but most of the muscles that that operate your hand or in your forearm um so with with the current version of Optimus we we have actually have the actuators in the hand but with the new version that we're moving to later this year the the actuators are in the forearm um and really emulating how a human hand works so

um and there really are no um Motors and there there are no actuators when I say actuator an actuator would be like Motor Plus gearbox plus power electronics and and sensors um there are no actuators for that actually that you can buy for really any any amount of money um that work well for human robots so we have to go go back to physics first principles and design all of the actuators from scratch um so it's a tremendous amount of work and I think it'd be very difficult for any any company that does not have

um that's not extremely good at designing actuators to to make an effective humanoid robot um and then the it's it'll have the same like brain as the car so initially Hardware 4 and then Hardware 5 in in 26 and um and then just as the car is the car is learning how to navigate reality it's it's the same basic process for the humanoid robot um and I think basically everyone's going to want one so it's like who wouldn't want you know soort like there's there's different ways to think of of robots but like like let's

say R2D2 and c3p were real and you could have like who would not want R2-D2 C C3 that would be awesome um yeah like a a friendly buddy robot now we need to make sure they stay friendly of course that's very important um iing for A Garfield yeah but but but you know it's I think it's kind of like people will get pretty attached to their humanoid robots just like people you know you get attached to C3 VI and R2-D2 um and uh yeah I think everyone's going to pretty much want one and I think

longterm the cost of the humanoid robot should be less than the cost of a car because it weighs less there's you know fewer Parts in it so ultimately I think you know humanoid robot that is super useful um I think longterm is it's probably like $220,000 or $25,000 depends on what a dollar is worth in the future you know inflation and all but um you know current current year dollars I think you know I can see reaching a price of 20 $25,000 for a humanoid robot that would be really useful you know that could like

um help you take care of kids walk the dog you know you know go go get groceries like what whatever whatever works you know so so I think everyone's going to want one um so there's 8 billion people on Earth and I think they're all going to want one so that's why that's why I think it's probably going to be the biggest thing ever uh Elon what are you going to use your robot for [Laughter] well uh I mean initially we're you know so we're starting like production unit one of production design one of of

Optimus which we we'll do some basic stuff in the fact in the TS of factories next year because we want to iron out a lot of you know details it's just to make sure it's it's useful um and and and and and for the first year so it's going to require quite a lot of babysitting from engineering um and then hopefully hopefully when we get to 2026 that that'll be one we could sort of sell it to um sell it outside of the company um because and have have it be be confident that it'll work

reasonably well and respond to voice commands and that kind of thing so um and then you you'll be able to sort of I think customize how the robot looks as well um long to you know you can kind of shell or skin the robot however however you like so for for I think there'll be a wide variation wide variations in how the robots looks you know how theot looks and and you know maybe like some third parties could could do cool things just like there's like cool third party um wraps of the Cyber truck that

some really creative art I think um so the Cyber trucks like even though it it's it ships as kind of like bare stainless steel I ends up having some of the most interesting uh art in terms of how it's wrapped um and so it's you really quite unique and um actually I was talking to farel um he's obviously very creative and I think he has some ideas for you know doing a Fel version of of an Optimus for example which you pretty cool to have like different artists come up with different you know versions of

uh Optimus So speaking of cybertruck I've had a cybertruck since uh middle of February and I'm uh you know I'm so used to FSD and you probably know you really you really want the I totally agree I'm I don't know if I could get special acts but either or more importantly for everybody I'm just saying I I've driven 10,000 miles and it kills my soul to be driving the most advanced Tech technology and I feel like I'm driving it's still the most amazing vehicle test has ever made but any updates on FSD with cybertruck uh

well I think that should be uh coming out in August so uh 12.5 teally two weeks yeah at some point at some point in the next two to 4ish weeks I um it should work a truck I I mean I'm sure I'm not sure the exact timing because we just have to test it and make sure it works well um so but 12.5 is where a lot of things come together where uh you've got the uh the high you know we upgrade the high highway stack to be the latest version so it's it's a it's

it's you don't have the Old Highway stack and the new city stack yeah you know so um having one sort of uh integrated state-of-the-art stack for Highway in city is big deal um and uh you know like little things like and you can wear sunglasses and still do the hands-off driving um and uh and then having it work on Cyber truck uh yeah I mean a friend of mine drove cyber truck all the way halfway across the country and he said it was driving him it was driving him crazy that he he could not turn

on FSD cuz it was we literally have uh people I think who drove from Florida uh Toronto in their cyber trucks well not for uh but just coming um from all over the US and I think uh that's literally the one thing they were just like filling peasant status even though this is the best product that Tesla has uh made yet so yeah it's great it's a great product so yeah it should be very soon um so yeah yeah Elon what other uh future car projects are you most excited about is it the Roadster is

it the robot taxi can you speak about what you're most excited about well I think in terms of of what will have the biggest impact in the world it will be the kind of the robo taxi dedicated Robo taxi um now of course uh old TLA Vehicles can operate it or will be able to operate as as a robo taxi um you know pretty much all so uh you know but yeah I think the the dedicated R taxi will have single biggest effect in the world um the semi- TR I think will will have a

very very big effect the the the Roadster is uh you know one of those things that's not like necessary from a utility standpoint but it's super cool um so um you know I guess a friend of mine pet Peter teal is like you know he would say like why why don't we have flying cars I'm like wait for it it's coming so I think it'll be super cool is it Chang the world I don't know but I think like sometimes you just got to have things that are just cool because that's it's just it's just

great to have awesome awesome you know things in the world so it it's kind of cherry on the cake um and um I think the Roadster demo will be mind-blowing I it might be the most it might be the most mind-blowing demo of anything ever wow quick followup when is that happening I don't know if you could share that but it's all good if if you have to pass on that one I think next year next year sometime and that that's that's a you know joint sort of talist basx uh effort so it's kind of

applying uh Rock You Know combining rocket engineering with the Tesla EV engineering um alien technology to make something really special I heard it can fly a little yeah [Applause] right yeah it'll be something special and um yeah we'll continue to make you know new products that we haven't talked about at all so um uh you know there's there's new things that'll that'll that'll come out um but but the really ultr profound thing is full self-driving un is UNS supervised full self driving that's like the gigantic thing um and then Optimus having an autonomous useful humanoid

robot uh is an even bigger thing than full self-driving those are the two things that like if you were look back in history from you know fast forward like 203 years or 50 years even like one of the things that really were profound it'll be um UNS supervised a general solution to unsupervised full self-driving um and a humanoid robot that is truly useful um even 100 years from now they'll be like whoa those are big [Music] ones Elon you have a date on the calendar for the announcement uh and launch of the Cyber uh the

robo taxi what can we expect from that well I can't give it away you know got to got to have some uh you know you don't you don't want to give the show away before the show you know so I think it'll be just a tease I think it'll be I think it'll be cool I think people will be um pretty excited um and um yeah um it's it's it's like it's like I do Wonder like in the actual event itself will people how many people will realize how profound it is what we're going to

show uh I think as some people will understand how profound not everyone will but it will be obvious in hindsight so um I know we've been going 45 minutes I just want to do a quick time check uh are do you want to keep going a little bit more or um because we're so grateful for yeah five or 10 minutes more okay so yeah everyone uh thank you Elon for your time um one thing I wanted to ask you is so you know we have uh you know obviously the latest uh vehicle the model 3

Performance or really the model 3 Highland has been out the cybertruck came out when you think of um just obviously even the future of Transportation um and obviously that's obviously where frons comes into play with the design but how does when you think of unsupervised FSD how does that change the way you even approach tackling or building something like the future of transportation and again I know I don't have to throw the design aspect into it but just when you think of what is next how does the future of Transportation impact that well you know

if you're not driving the you're really effectively sitting in like a tiny Lounge um and then so you know having say you know being entertained with with being able to watch movies or play video games or work um you can it's really the car just becomes like a tiny mobile Lounge um that's that's or you could sleep you know whatever you want to do um I mean you could drink too and you're not driving so um so it's it's thing like it's like a little mobile Lounge it's it's not something that you have to be

um we have to be you know Focus your attention on driving all the time so it's just it's a completely different experience um one cool thing I should mention is that that would be I I think interesting down the road is also for Optimus um you know for people that have lost uh their limbs um the that um that if you take neuralink um basically being able to control which the neur link version one telepathy allows you to control electronic devices um if somebody's lost their arms or legs or whatever the case and and and

um and attaching that and enabling combining that with a new link would would give them it essentially cybernetic limbs kind of like Luke I don't know like Luke Skywalker and um Empire Strikes Back you know where you got like a a robot R robot hand um so I think that could be pretty incredible for people that have lost limbs being able to have like a cybernetic limb um any I think that would be a cool um sort of uh combined effort between neur link and Tesla Elon there's uh there was some recent news on X

about um some candy announcements or something like that no I just I don't know what that is I was just joking about candy so um so yeah I have too much too much my plate to add candy to it I think um so news yeah yeah um yeah yeah there there I mean it's it's wild how much is happening in the world I mean there's stuff happening with SpaceX and Tesla and and all the advancements in AI um a lot of advancements in Pharma as well um you know there's there's a lot of interesting like

kind of Miracle drugs coming along um and um we're we're certainly headed for I think the most interesting future um I think we you know there's we live in the most interesting of times um and um you know sometimes it's like easy to sort of like I don't know get down about like some day-to-day event or political stuff or whatever but in the grand scheme of things we are living in the most interesting time in in history and that's pretty cool yeah just just on that it's you know it's so easy to I honestly don't

know how you do it on a minute by hourly basis on things that are just lies and things that are being said um but it's so important to have you know a positive mindset especially as those attacks are coming CU if you're just depressed about everything that's just coming at you it's just so hard to to move forward and so it takes people like you to um who are actually being a part of that change rather than just watching it from the sidelines and so thank you for that I mean just it's it's uh um

one thing um I'll ask and then I'll I'll I'll maybe pass it to Kelvin for's question so we have a lot of retail investors here um as we know um it's actually I I just want to say how amazing X is um and how some of the stuff has even worked in the backgrounds I remember meeting um Amy stepin who was behind obviously um you know who her team that she she worked with to kind of like build a lawsuit obviously on the comp plan I met her on an X bases Twitter spaces and we

got connected and she ended up on our podcast and and next thing I know she connects with Alexandra uh MZ uh Tesla Boomer mama and seeing all of the work that's happening behind the scenes with what Amy was doing and then what Alexandra was doing on the front facing um but the question I wanted to have is you know when you you think of retail investors and what it's meant to Tesla you know what comes to mind especially again all the work that you know the community has done Alexandria the Amy of the world uh

the Tesla Community uh but what comes to mind when you think of retail investors for Tesla well I love retail investors I have to say um um because uh you know I think retail investors like or like individual investors are like they're they're like making a decision to uh support the company and um and that's super appreciated um so um you know like we I think we have the highest retail investor percentage of maybe any company or maybe certainly one of the highest and um I think that's really a good thing uh so um and

and I you know like there's going to be sort of ups and downs in the stock price for you know random reasons um but I I do feel confident that the long-term uh value of the company will be extremely high um the you know I think um you know the best analysis I've seen is like Kathy Woods company Arc invest uh they've been the most the most accurate in the past and um and it's just it's the you know the value the value of compan is going to be kind of nutty with um uh unsupervised

full self-driving and um and with Optimus uh it's you know it's I I sort of Wonder ultimately what money what money will even mean in the future um because if you've got robots that if if the cost of goods and services are driven to almost nothing um I think we will you know assuming it's a positive future which I think it probably will be then we we're headed for an age of abundance um so um you know I do feel like like maybe that like Tesla's kind of in a phase right now like similar to

what Nidia was in before Nidia went Nvidia stock weren't bananas um and I have to say like Nvidia deserves the valuation they they've got you know they um Jensen and his team have done an amazing job um and um but it really goes to show like the value of any kind of AI a company that is strong in AI is it it's just going to be crazy um and it will dwarf the value of of companies that do not have um Advanced AI uh really will be profoundly different um I I mean that's the simple

sort of pro productivity kind of back of the envelope math for cars is that you know typical passenger car is about 10 hours of use a week it's call like an hour and a half a day for 7 days so it's about 10 hours um but if it's autonomous uh it's uh it it could be used 100 hours a week um now I'm not sure what the average usage would be but average use usage in autonomous mode might be 50 hours but certainly it could be used 100 hours of 168 hours a week so that

would be a 10x increase in the productivity of the car but it it costs the same so if you just do the basic math on that it's like okay now you go from like I don't know 20 25% uh margins to 90% margins it's insane um yeah um and then that you know for cars that are owned by customers then would obviously Revenue share with the the customers and and so the owners of the cars I think I I like I be I think would earn quite a bit more than the the the the lease

cost or financing cost of the car when it's autonomous mode um so yeah just it just but if you just think of asset utilization efficiency um and you go from 10 hours a week of a car to 50 or 100 hours a week and it's the same car that's just it's it's the biggest explosion in value um maybe ever so um I had a quick followup but again uh let us know we can do a time check but uh you kind of were just talking about um just content and like one question I actually had

it was a follow-up kind of a little bit to what you were mentioning and some off topic but do you see it um do you foresee a rise in mechanisms to determine the authenticity of content and the validity of what is being said like I think that's in this future right I mean it's I see half the time I feel like I turn up YouTube and you know they're taking some your an interview from you and then you're randomly mentioning Bitcoin and oh man or I've seen interviews of us like people are messaging us from

our interview back in uh May of 2022 and they're live streaming it like it's happening live I'm like wow I you know look different two years ago with longer hair it's like but it's you talking and you're randomly you know the Bitcoin Li you know real is going on the bottom so uh what are your thoughts on that yeah I mean I'm really I'm not going to be promoting U crypto so if if you know at most in a joking way uh but I'm uh if you see me pumping crypto it's not me you know

uh so um I mean I do think there's some Merit in you know Bitcoin and maybe some of the other crypto and I'm I sort of have a soft spot for Dogecoin um because I just like dogs and memes um but uh yeah I don't know on the on the xplatform there's you know pretty quickly things get community noted or there's in the replies people say hey this is not not real um so I think you know I think I know we can work to try to have Community notes uh surface faster um and also

to if if similar videos are are popping up that um the community note gets appended to any kind of similar video um so but I I think it's definitely always want you be cautious about seeing any if if you see see a sales pitch for crypto um I would double check whether that is real all right Elon um we want to wrap up with a final question for you which is uh what are you most excited about regarding Tesla and SpaceX well I think I've basically described it already but um the key for SpaceX is

to achieve full and Rapid reusability of the Starship rocket this is really the Holy Grail of of space technology no one has ever made a a fully reusable uh orbital rocket so Starship is the first design that is even capable of that um that this is an absolutely profound thing um because a fully reusable rapidly reusable rocket uh is the difference between um Humanity being a single planet civilization and a multi-planet civilization so that's that's gigantic and I think we might get there uh next year so that that's that's a big deal and then fora

yeah I mean I want to count the chickens until they're hatched and these are tough chickens but but I think it's I think it's going to happen next year and then the a a general solution to self-driving um that that is also an incredibly profound thing and that's uh unsupervised full self-driving this is that that looks like it's if it doesn't happen later this year it it seems extremely likely to happen next year um if you just plot the points in the curve of miles between interventions that number is improving dramatically so those are really

the two proper things and then as I mentioned for Tesla also Optimus um the the Optimus numbers like they really just they're like so mind-blowing that you're like is this is this real but because I I actually think the market for humanoid robots is in excess of 10 billion units like more more than the number of humans um because people will each want one and then there'll be others that are involved in industry and stuff so uh you know if if they do sell even at a volume for $20,000 uh that's that's 20 trillion um

so it's like I mean it's just bananas numbers you know um I yeah I should say so anyway it's just insane numbers um so we should hold on to their [Laughter] stock yeah anyway it's it's just it's just it's just really really nuts um I should say 200 trillion this is just a insane insane number um yeah 20 $20,000 times 10 billion so 20 trillion 200 trillion it's a lot it's like bananas numbers so um that's why like I wonder what does money even mean at that point you know uh so these things are like

said they're they're so profound that they will be recogn you're assuming when we do them uh have to actually do them um they will be recognized a 100 years from now maybe a thousand years from now as uh as fundamental milestones in Civilization that's that's the level of significance we're talking about here so should be held a couple years and thanks for your support guys really super appreciated if we can uh we would love to just get uh virtual SL inperson uh oh well I think you literally have a a standing ovation happening right now

UMO yeah it's crazy [Music] um I feel like I can now say Elon actually danced when you're talking about the cat at The X takeover so but yeah thank you again Elon uh Kelvin and I on behalf of our organization thank you for being at the X takeover for giving us literally about an hour of your time and more um thank you for the support of uh our community retail investors um and we appreciate all that you're doing for Humanity and actually um picking up the shovel and doing it all right sounds good thanks guys

bye thanks Elon all right so background on this this was supposed to be 5 minutes like when he was dming me back he was like maybe 5 minutes and then it went from 15 to 30 and then next thing you know we're going an hour um yeah so thank you guys um for just coming out and being a part of this event