Via the Tesla YouTube channel:
The call took a while to get going, we cued the video to the 4:20 mark (please Lord don't let that be Mr. Musk with the 420 stuff again)
And from ShackNews, the bullet points:
- Call kicks off at 5:30 p.m ET
- Elon comments
- EV discounts have made things more difficult for Tesla
- Says it is a short term issue
- still believe that EVs are best for customers
- Elon touts energy division
- Not going to talk about the product roadmap here
- On track to deliver a more affordable model in the first half of next year
- Big differentiator is autonomy
- Tesla is pursuing AI from an autonomous driving and robot way
- Made progress in FSD during Q2
- Improvements on Supervised FSD
- Finally merging the highway and city stacks in version 12.5
- Most people actually don't know how good the system is
- Elon stressing FSD demos
- unsupervised FSD will be a huge demand driver
- we postponed the Robotaxi product unveil by a couple months
- Shifted to 10/10.
- I wanted to make some important changes that will improve the main thing that we are gonna show
- gonna show some other things
- storage business growing faster than anything else
- supply constrained not demand constrained in storage
- looking to more than double battery storage output
- super excited about the progress
- future is incredibly bright
- I really just can't emphasize the importance of autonomy on the vehicle side and for Optimus
- Tesla producing at volume with unsupervised FSD will take the valuation to something much higher
- Long-term Optimus achieves a valuation of (nearly $10-15 trillion)
- CFO open remarks...
....MUCH MORE
Full transcript tomorrow.
