@TheCaptainEli Captain Eli, Adaptability is essential, as you know. Glad to see you making changes each day. What is your mission for this exciting experience and journey?
Elon Musk closed Tesla’s earnings call with a most exciting message:
“We’re super excited about our autonomy and robotics roadmap. There is so much awesome stuff coming that it is difficult to squeeze everything into an earnings call
We will have a lot of product announcements
This is going to be a great year for Tesla....one of our best years ever and I think next year will be even better.
I want to thank the Tesla team for their excellent execution and all of our supporters for joining us on this journey”
Tesla is entering one of the most ambitious chapters in its history
Robotaxi, Optimus, AI compute, new chips and major product announcements are all moving forward at the same time
The state of Louisiana has partnered with SpaceX's @Starlink to deliver high-speed internet access to more than 10,600 rural locations by end of the summer.
"The cost of providing fiber connectivity for some of these locations was going to be so expensive that likely it would have made better sense, and it would have been quicker, to connect these folks with @Starlink. The state law states high-speed internet as 100 megabits download and 20 megabits upload. Starlink has consistently shown that they provide in excess of those speeds,” said ConnectLA Executive Director Veneeth Iyengar.
@wholemars Tesla Safety is Unparalleled! Then Tesla has the Energy and Power Sector along with Terrafab manufacturing. Endless possibilities executed with Elon’s curated genius’s. Elon Powered
Using FSD is far safer than driving manually, as measured over 12 billion miles of its use. Safer by a margin of 2x the miles between collisions!
It can do so, because, FSD is trained on corner cases extracted from more than a 1000 lifetimes of driving. It has learnt to accurately predict the probability of collision even for crazy cases such others running red lights, swerving into us, kids running into roads and such. Do watch the full video for some highlights.
A no-brainer way to significantly improve your and your family's safety is to get a Tesla with FSD. It also completely takes the stress out of driving. Not saying this just because I work at Tesla, rather that it's genuinely a great product already and is continuing to get even better.
What % of the 'Active FSD Subscriptions' are paying customers?
What's the conversion rate on free trials?
IMO this is the most important metric BY FAR for $TSLA for the next few quarters.
10 million active paying subscribers at $99 per month is $12 billion per year in incremental revenue at essentially pure profit.
It's just a software upgrade.
Tesla should have a fleet of 10 million cars capable of turning on FSD within the next 3-5 years. Perhaps sooner.
A 50 P/E on that recurring earnings is a $600 billion market cap just on FSD Supervised, with a growing fleet every quarter into a massive transportation TAM.
Doesn't include Energy, Bot, Unsupervised FSD, Robotaxi, Distributed Inference, Terafab, and synergies from the inevitable SpaceX merger (Drones, AI satellites, eVTOLs).
The long term of the company has never looked better. But the stock won't do much until Tesla can consistently show growing profits from these verticals.
Once they do, the folks that don't accumulate in the coming months will probably kick themselves.
NFA.
Never seen the Tesla community this divided. 🥺
On one side: people who read the signals, stay patient, and keep building.
On the other: people who feel misled, blame Elon while attacking anyone who still believes.
Genuine question: How did we get here?
We used to be the ones who held through the noise.