Elon Musk responded by saying that the Tesla team is focused on the Cybertruck and the Tesla Semi for now. He mentioned that the Cybertruck will be the first Tesla vehicle with over a million units produced. Musk also hinted at a potential compact electric vehicle that could be in the works, but stated that it is not a priority at the moment.
The earnings call continued with discussions on various topics such as Tesla’s plans for expansion in China, the progress of the Gigafactories in Berlin and Texas, and the company’s focus on sustainability and environmental impact. Elon Musk reiterated Tesla’s commitment to transitioning the world to sustainable energy and reducing carbon emissions.
Overall, Tesla’s Q4 and FY 2025 earnings call highlighted the company’s strong performance in vehicle production, energy storage, and financial results. The announcements made during the call regarding the Model S and Model X programs, the Optimus line, and the future of the Robotaxi Network showcased Tesla’s innovative approach to the automotive industry. Investors and analysts were optimistic about Tesla’s future growth potential and its continued leadership in the electric vehicle market. Lars pointed out that despite the stiff competition in the electric pickup truck segment, the Cybertruck continues to perform impressively. Tesla, known for its adaptability and innovation, is now set to make a significant transition with the Cybertruck line. Elon Musk announced plans to transform the Cybertruck into a fully autonomous vehicle line, marking a new era for Tesla.
Elon emphasized the utility and practicality of the Cybertruck, stating that an autonomous version will further enhance its usefulness. This move aligns with Tesla’s vision of revolutionizing the automotive industry and pushing the boundaries of technology.
During the Q&A session, Elon addressed the progress of Full Self-Driving (FSD) technology, highlighting that it is already being utilized in the Austin Robotaxi program. While the company is cautious in its deployment, the future of fully autonomous vehicles looks promising.
When questioned about Tesla’s chip program, Elon expressed confidence in their strategy but emphasized the importance of prioritizing internal needs before considering external sales. With initiatives like the Optimus robots and data centers requiring ample resources, Tesla is focused on meeting current demands before expanding further.
As the analyst inquiries began, the discussion turned to Tesla’s increasing Capex and where the majority of investments are being allocated. The CFO explained that the funding is directed towards launching programs in multiple factories, supporting the Optimus program, and expanding current production capacity. Tesla’s robust financial position and initiatives like the Robotaxi Network will play a crucial role in funding these ventures.
Overall, Tesla’s commitment to innovation and sustainability remains unwavering as they continue to push boundaries and redefine the future of transportation. The transition towards fully autonomous vehicles with the Cybertruck line signifies a bold step towards a new era of mobility.