🚨 ELON MUSK ON WHO SHOULD CONTROL HIS COMPANIES:
“Succession is one of the toughest age-old problems. It’s plagued countries, kings, prime ministers and presidents, and CEOs, since the dawn of history. There is no obvious solution.
There are particular individuals I’ve identified. I’ve told the board, if something happens to me unexpectedly, this is my recommendation for taking over. In all cases the board is aware of who my recommendation is.
The control question is a much tougher one, and something I’m wrestling with. I’m frankly open to ideas.
The companies I have created collectively possess immense capability, so the stewardship of them is incredibly important. I want to make sure that the stewardship ultimately accrues to the benefit of humanity. That’s the idea. The furtherance of civilization.”
🚨 ELON MUSK ON CYBERCAB PRODUCTION:
“We expect to be in production with the Cybercab, which is really highly optimized for autonomous transport, in 2026. Before 2027. Let me put it that way.
And we’ll make this vehicle in very high volume.”
He said it and it has been fulfilled.
🚨 ELON MUSK ON CYBERCAB:
Twenty cents a mile to run. Thirty or forty with taxes. And yes, you can buy one under $30,000.
“I think the cost of autonomous transport will be so low that you can think of it like individualized mass transit. The average cost of a city bus per mile, not the ticket price, because that is subsidized, is about a dollar a mile.
The operating cost of Cybercab will be around 20 cents a mile. Including taxes and everything else, probably 30 or 40 cents a mile.
Yes, you will be able to buy one. We expect the cost to be below $30,000.
I think there’ll be an interesting business model where, let’s say, somebody is an Uber or Lyft driver today, they could actually manage a fleet of cars, maybe 10 or 20 cars, and take care of them like a shepherd tends their flock.
I think that would be pretty cool. And I think it’s going to be a glorious future.”
🚨 ELON MUSK ON THE EARLY DAYS OF SPACEX:
“When I started SpaceX, one of my friends got a compilation of rocket failures and made me watch the whole thing.
I knew the probability of SpaceX failing was high.”
🚨 ELON MUSK:
“My mind often feels like a very wild storm. I have a fountain of ideas. I have more ideas than I could possibly execute.
So I have no shortage of ideas. Innovation is not the problem. Execution is the problem.”
🚨 ELON MUSK ON SOLAR:
“I’m quite confident that the primary means of power generation will be solar. I’m confident that solar will beat everything hands down, including natural gas. It must, actually. If it doesn’t, we’re in deep trouble.
The world is almost entirely solar-powered already. Most people know this, but don’t realize they know it.”
🚨 ELON MUSK ON WHY HE NEEDS 25 PERCENT OF TESLA’S VOTE
“I’m not going to build a robot army if I can be easily kicked out by activist investors. No way.
The Tesla thing is called sort of compensation, but really it’s not about compensation. It’s not like I’m going to go out and buy a yacht with it.
If I’m going to build up Optimus and have all these robots out there, I need to make sure we do not have a Terminator scenario and that I can maximize the safety of the robots.
I feel like I need something like a 25% vote. Enough to have a strong influence, but not so much that I can’t be fired if I go insane.
My concern would be creating this army of robots and then being fired for political reasons, even though I’ve done everything right. And then I cannot ensure the safety of the robots.”
🚨 ELON MUSK ON ORBITAL DATA CENTERS AND LUNAR COMPUTE
“The next step beyond Earth data centers is Earth orbital data centers. We’ll be launching SpaceX orbital data centers at the 100 to 200 gigawatt per year level — not cumulative, per year.
Ultimately we see a path to maybe launching as much as a terawatt per year of compute from Earth.
But if you want to go beyond a terawatt per year, you have to go to the moon. By having factories on the moon building AI satellites, and having a mass driver — something you usually only read about in science fiction but we’re going to make it real.
If you do that, you can go several orders of magnitude greater, to 1,000 gigawatts or more per year, and ultimately maybe even a few percent of the sun’s energy.
It’s difficult to imagine what an intelligence of that scale would think about, but it’s going to be incredibly exciting.”
🚨 ELON MUSK ON OPTIMUS 3:
“We’re in the final stages of completion of Optimus 3, which is really going to be by far the most advanced robot in the world. Nothing’s even close.
In fact, I haven’t even sent any demos of robots that are as good as Optimus 3.
We’ll start production on Optimus 3 this summer, but very slow at first. And then probably reach high-volume production around summer next year.
We’ll have Optimus 4 design complete by next year. We will try to release a new robot design every year, an improved robot design every year.”
🚨 ELON MUSK:
Countries should make new technologies legal by default and prioritize startups over large companies.
“New things must be legal by default rather than illegal by default. In the EU, regulation is extraordinarily high, and this inhibits the progress of new technologies. It doesn’t ultimately stop progress, but it slows it down considerably.
Most countries provide too much support to the large existing trees and not enough to the small saplings. The large trees don’t need their support. It’s the small saplings, the startups, that do.
You really need to foster the growth of young companies.”
🚨 ELON MUSK ON AGING:
“I haven’t put much time into the aging stuff. I do think it is a very solvable problem.
But there is some benefit to death, by the way. Because if people do live a very long time, there’s some risk of an ossification of society.”