Tesla has released a new video of them tearing down the Model S and Model X production lines at Fremont ahead of the installation of the Optimus lines.
When fully ramped, this space will be able to produce 1 million Optimus robots per year.
My husband and I are honored and thrilled to participate in the Invest America program and gift a share of our SpaceX stock to a Trump Account for each of more than two million children across our great nation.
Every American child under 18 can benefit from having a Trump Account, but our gift specifically goes to the Accounts of children (ages 11-17) that live in areas with lower average household incomes with a bit more emphasis for those that live near our central Texas home.
We have been fortunate in our careers and hope this gift encourages the next generation to continue the journey of enabling humanity to live and fly amongst the stars.
A huge thanks to all that worked to bring this incredible program to life.
NEWS: Elon Musk has confirmed that HW3 can't achieve Unsupervised FSD.
"For customers that have bought FSD on HW3, we are offing a discounted trade-in for cars that have AI4, and also offering the ability to upgrade the cars computer and cameras. We're going to have to set up micro factories in major metro areas. I do think over time it will make sense for us to convert all HW3 cars to HW4."
Tesla has again updated its FSD miles tracker to account for a larger vehicle fleet & increased FSD usage.
Tesla's fleet is now driving an average of 28.8 million miles per day on FSD, up from 14.4 million miles per day a couple months ago. That's 1,000 miles every 3 seconds.
To all American citizens in the Middle East: your safety and security is our number one priority.
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BREAKING: Tesla has released its 2025 proxy, and it includes an unprecedented $1 trillion pay package for Elon Musk (if he meets all objectives).
If Elons wants to receive the full award, he will need to create $7.5 trillion in shareholder value, making @Tesla an $8.5 trillion company. The plan spans 10 years.
The additional shares Elon could receive would push his stake in Tesla to at least 25%. There are 12 tranches, with each worth about 1% of the company. The first one would come at a $2 trillion market cap.
To capture each tranche, Elon not only has to meet a market cap milestone, but one of the operation milestones as well. Meaning if Elon doesn't deliver, he gets paid nothing, making this a very shareholder friendly one. Elon will have to hold the new shares after he receives them for 7.5 years.
Tesla: "The 2025 CEO Performance Award similarly challenges Elon to again meet a series of even more aspirational goals, including operational milestones focused on reaching Adjusted EBITDA targets (thresholds that are up to 28 times higher than the 2018 CEO Performance Award’s top Adjusted EBITDA milestone) and rolling out new or expanded product offerings (including 1 million Robotaxis in commercial operation and delivery of 1 million AI Bots), all while growing the company’s market capitalization by trillions of dollars."
The reason why Elon Musk is making the future super exciting.
"Life can't just be about solving one miserable problem after another, that can't be the only thing, they need to be things that inspire you and that make you glad to wake up in the morning and be part of humanity."