Update from $TSLA earning call (being updated real time)
$TSLA up 4.7% after hours at conclusion of earnings call.
1. Elon Musk said to reduce his time for DOGE significantly starting next month to focus on Tesla
2. Elon believe Focus on autonomy for north optimus and robotaxi, and Tesla will be the most valuable company in the world by far
3. Confirmed robotaxi Austin rollout in June, to impact Tesla earnings starting 2026; robotaxi will continue rollout to other cities later in the year. Elon believes to have “millions” of robotaxi in US by the end of next year.
4. Expected Tesla energy output to Tera watts (25 times of today’s capacity)
5. Elon expects to have regional support for autonomous vehicles such as northeast regions with heavy snows, and China with different driving patterns.
6. Cybercab production on track to have QA by this year and volume production 2026
7. Elon believe Tesla robotaxi will take over majority market shares 99% until something changes because Waymo can not compete “it’s costing Waymo money”, and ten millions Tesla robotaxi, unless blocked by regulators
8. Tesla has the most integrated manufacturing, including lithium refineries in Austin; also talked about the advantages of supply chain regionalization
9 Talked about Tesla cell advantages
10. In answering brand damage, Tesla is best selling car in California, and the volume is impacted by production disruptions of model Y refresh. “we don’t see any disruption in demand”
11. Impact and plan for magnets limititation from China on Tesla Optimus production
12. Austin early release will have audio ability, and solve localized problems, expected interrruption every 10K miles in the beginning and will have human intervention abilities
13. Elon said FSD will ease restrictions on what you can do in car in the months ahead ““You will be able to do more things that you want to do.””
14. affordable models that will be built in the coming months will resemble the form and shape of the cars that Tesla currently makes. "The key is that they will be affordable and that you'll be able to buy one."
15. Elon is confident of 1 million Tesla shipments by 2030, or even 2029
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