Latest / Elon Musk Thinking / Tesla CEO Elon Musk Talked About Tesla Accelerating EV Adoption!

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Tesla CEO Elon Musk Talked About Tesla Accelerating EV Adoption! · Elon Musk Thinking

• 1:27
  Hi, you On. Are you there? I am, UM. Hey,
• 1:34
  So this is a cool Twitter spaces learning a lot about this platform.
• 1:42
  Yeah, um, I mean it's a great way to talk directly to people,
• 1:46
  um and have just a kind of a real time conversation. UM and
• 1:52
  yeah, so uh uh yeah, thanks for doing this. So I guess
• 2:00
  um, so would you like to make announcement? Thank you Elon UM and
• 2:08
  you know, working with Elon as team, I'm really excited for for our
• 2:15
  industry and for the Ford customers we're going to be We're announcing that in early
• 2:21
  twenty twenty four, all of Fords existing customers and future customers would have access
• 2:28
  to twelve thousand tests of superchargers, high speed superchargers across the US. We're
• 2:35
  really excited about that. We're ramping production and we think this is a huge
• 2:40
  move for our industry and for all electric customers. And then about a year
• 2:46
  later, we're going to be equipping our forwards when when we go to our
• 2:51
  second generation electric vehicles with the NACS interface. So it's really Elana want to
• 3:00
  thank you and your team. It's been great working with you so far,
• 3:02
  and I'm really excited about what this means for customers. How did you know
• 3:07
  we've been talking about this for a while, you and I, uh,
• 3:10
  what are your thoughts? Yeah, well, um, well, it's certainly
• 3:16
  super exciting to be uh in partnership with Ford, UM to have a transfer
• 3:23
  amount of respectful Forward as a company and makes great, great vehicles, So
• 3:31
  UM yeah, this this this is uh you know, it's something where where
• 3:37
  we're super happy to support um U UM for vehicles with that tells a supercharging
• 3:45
  network UM and uh you know also provide UM API access so like uh you
• 3:52
  know, so like a forward vehicle can charge at a tells a supercharger using
• 3:58
  a forward app UM seamless essentially, like the the idea is that like we
• 4:03
  don't want that tells the supercharger network to be like a world world garden,
• 4:09
  you know, we want it to be something that is supportive of UM electrification
• 4:14
  and and uh sustainable transport in general. So UM and we were very very
• 4:20
  much appreciative of of Ford, uh you know, interested in partnering on this
• 4:27
  front. So uh, it's it is uh in our intent to do everything
• 4:32
  possible to support UM forward and and have Ford be on an equal footing.
• 4:38
  Um AT tells the superchargers. Well, this is a really really big deal
• 4:44
  for for our customers, UM, because opening we have about ten thousand fast
• 4:50
  chargers now, but twelve thousand we and we love, we love the locations,
• 4:55
  we love the reliability routing software UM, easy use of the connector,
• 5:01
  UM, the reliability of it. UM. I think it's it's a pretty
• 5:06
  amazing what what you and your team have have done for for the customers.
• 5:12
  UM. How are you seeing things in Europe? Because I know that's a
• 5:15
  little bit different, Well, the europe'spec UM. It's funny. UM actually
• 5:25
  went to visit the EU UM Minister of Transport because I was several years ago,
• 5:30
  UM, because I was actually pretty upset about the EU design And honestly,
• 5:40
  it was it was it was. It was somewhat of Afica esque situation.
• 5:44
  UM where where I was I told, well, you know it was
• 5:46
  designed by a committee. I'm like, well, we didn't know this committee
• 5:48
  existed. UM. It's like, well but you should have not. Like
• 5:53
  I'm like, well, how are we supposed to provide input on something we
• 5:56
  didn't know existed? This is not possible And I hadn't you become law or
• 6:00
  anything. So I was like, well, how about it for those alternatives,
• 6:05
  you know, like you can have two or you know, and but
• 6:10
  but unfortunately the EU connector is very much a design by committee situation um and
• 6:15
  um, but we're somewhat stuck with it. In fact, we're not even
• 6:18
  allowed to have private networks in the in the in the EU to have the
• 6:24
  North American connector so. Um. But but I think it is the you
• 6:30
  know, the team has don't done a good job, and it's it's a
• 6:32
  pretty great connector so um. And and if if we you know, working
• 6:38
  with with Ford and perhaps others, can make it the North American standard,
• 6:42
  I think the consumers will be all the better for it. UM. So
• 6:48
  I know you and I've been you know, talking about what we can do
• 6:53
  together to advance um. You know, the the industry and the customer experience
• 7:00
  became clear to me. I was I was on vacation my family last year
• 7:03
  in Lake taw I was driving back I think to Monterey and my kids kids
• 7:09
  kept look look at me and going, hey, Dad, there's another supercharger.
• 7:14
  Can you really stop there? How about how about there? How about
• 7:16
  on the I five? Dad? I was like, no, you have
• 7:19
  to go, you have to go over here behind this other building, so
• 7:25
  it kind of became obvious to me, you know, the job your team
• 7:29
  had done and what it means for customers absolutely so well, um, you
• 7:34
  know, our goal really is to be helpful as helpful as possible in accelerating
• 7:41
  towards sustainable transport. Um and you know that's that's also like why why we
• 7:46
  open source our patents, um and and many of our designs are open sourced.
• 7:51
  So, um, you're just glad to be as helpful as as possible
• 7:56
  um and. Um And I think we I think you alluded to it,
• 8:01
  but we should mention that there will be an adapter. Um. So I
• 8:05
  think we're aiming for that adapter to be in production early next year. I
• 8:09
  think, yes, yeah, yes, And that's a really big deal because
• 8:16
  that you know, I mean, we're we don't we don't have as many
• 8:22
  EVA customers as you do, but we still have plenty, and you know,
• 8:28
  for them to be able to have this benefit early next year already and
• 8:31
  not have to like buy a new cars, I think a real statement by
• 8:35
  you and the Tesla team you know, to to to be really thinking prioritizing
• 8:43
  the customers experience. UM. So you know that that's that's really a big
• 8:48
  deal. And of course we're really we're totally committed that an acs UM interface
• 8:56
  itself going forward. That's how great? UM, Well, should we maybe
• 9:03
  take some we take some questions? Um perfect um. Let's see as far
• 9:09
  as far as ad UM, I have one. I think that's pretty cool.
• 9:13
  I see which is um, which is um? How will how much
• 9:20
  it will cost? And so I was thinking that that's a good one.
• 9:24
  I. You know, we'll obviously trying to make it as affordable and competitive
• 9:28
  as possible early next year. UM, and we'll have different kinds of payment
• 9:33
  options like subscriptions, et cetera. Yeah, it's I think it will not
• 9:39
  be cost prohibitive. It'll be you know, something's quite quite affordable, you
• 9:45
  know, and in the in the hundreds of dollars range, you know,
• 9:48
  it's it's it's it's an adapter, so it's not it's not super expensive.
• 9:52
  Yeah. UM. See. So as far as said, did you have
• 9:58
  a question, sure, yeah, no, thank you for bringing me up
• 10:00
  high elon high Jim, congrats on the announcement. UM. Yeah, Jim,
• 10:03
  I just want to give you props. I think, um, out
• 10:05
  of all the legacy automakers, I really like the leadership that you've sort of
• 10:09
  driven for Ford, having the guts and the bravery of you know, really
• 10:13
  allowing the public seeing the financials for all your business units. I think is
• 10:18
  is quite a leadership standpoint that I think should be noticed by the rest of
• 10:22
  the industry. How how do you view that decision within the context of sort
• 10:28
  of this decision here today and what are some of the I guess challenges or
• 10:33
  things that you've been able to learn from going through this transition sort of this
• 10:39
  next generation of board and sort of just high level how are you thinking about
• 10:43
  forward where it stands today. I think it's just it's just very impressive how
• 10:46
  you all decided to do that. I think it's really really cool. Well,
• 10:52
  I think you know obviously tests you know, stormed through the train station
• 10:58
  like three hundred kilometer per hour Hinkins, and so it's like, um,
• 11:03
  you know, we're learning a lot. I'd say splitting out the business really
• 11:09
  has been a game changer for us because it's given us a lot, like
• 11:13
  we really are focused on, like this decision on trying to work on behalf
• 11:20
  of the customer and maybe when it was not broken out, we didn't have
• 11:26
  that laser focus. I think some of the things that we learned, frankly
• 11:31
  a lot of a lot of them from Elana's team is, you know,
• 11:33
  our our industry is kind of obsessed with these huge batteries, and I think
• 11:37
  that's maybe not the right approach. You know, we should make the battery
• 11:41
  as small as possible actually with a really competitive user experience range, but have
• 11:46
  like really great fast charging experience combined with that, you know, so we
• 11:50
  don't have to be driving around, you know, twenty thousand dollars of extra
• 11:54
  batteries for customers. Um, exactly. Yeah, So I think I've learned
• 12:00
  that. And also you embedded electric architects, you know, fully updateable vehicle.
• 12:05
  Like it's super hard what Tesla's done, and I totally respect them,
• 12:11
  you know, to do that, um, to make a fully software updateable
• 12:13
  vehicle. And we're in the process of doing. But it's super hard,
• 12:18
  super already. Um well, I mean we're happy to be helpful, and
• 12:24
  you know in other respects with you know, on the software front, um
• 12:30
  that there may be you know, um some you know something where we can
• 12:33
  be helpful there, you know, in the same way that like maybe Android
• 12:37
  is you know, helpful to the phone industry as sort of a general statard,
• 12:43
  like we could potentially open you know, I think open source more code,
• 12:46
  and you know, we would just would love to be helpful in any
• 12:48
  way that we can. Yeah, um, I think that's super important.
• 12:58
  It shouldn't stop now. I'm I'm at she really interested. Ion and your
• 13:01
  experience so far on Corpus Christie and processing row materials. It seems like you're
• 13:07
  really learning a lot. Yeah. I mean, our actual goal is to
• 13:11
  do the least amount uh possible. But but but then we end up hitting
• 13:16
  these choke points, or we inticipate hitting choke points. UM. So a
• 13:24
  lot of the vertical integration is really out of necessity. UM. And uh,
• 13:30
  you know, if we find that there are suppliers that are solving the
• 13:33
  problem and there's a there's good visibility into the future output roadmap, then uh,
• 13:41
  you know, there may be cases where we would you know, um,
• 13:46
  redirect those resources from what what they're doing to something else, because we
• 13:52
  got we got a triage list of problems a mile long. So but but
• 13:58
  the you know, we we did see a pretty serious issue with lithium refining.
• 14:03
  UM that there's a lot of lithium or in the world. UM,
• 14:05
  like when one looks at the sort of lithium reserves that that's actually a tiny
• 14:11
  fraction of the amount of lithium that that that is that exists UM. But
• 14:16
  but the the processing and lithium UM, it's just it seems to be a
• 14:22
  significant choke point. So that's that's the reason for althium refinery that we just
• 14:28
  UM brokeground on in Corpus Christie. And then we've got a cathode refinery that's
• 14:35
  UM on the same piece of land as our factory in Austin. UM.
• 14:39
  That's that's where a nickel based cathode. And then we're just trying to figure
• 14:43
  out like, man, do we need to do the ano too? Hopefully
• 14:45
  not, but if someone else could please do that, that would be also.
• 14:52
  UM. It's a synthetic graphite. There's a big market for it.
• 14:56
  I recommend entrepreneurs. I mean I see so many entrepreneurs. It's like you
• 15:01
  know in Silicon Valley doing like a software startup or you know, sort of
• 15:05
  chasing the latest, greatest, latest thing, but but not enough of UM.
• 15:09
  The talent in North America I think goes into heavy industry UM and the
• 15:15
  crazy thing is like the opportunity and heavy industry is tremendous. Um and so
• 15:20
  I just would really like to encourage entrepreneurs to to think about things that that
• 15:24
  don't have both you know, adapt on a phone basically, um, so
• 15:31
  app on a phone, we need them, but like you know, just
• 15:33
  an over allocation of talent coming from Ford. I totally agree, totally totally
• 15:41
  agree. It is super hardmaking cars, so yeah, well it's super hardmaking
• 15:48
  and better electric architectures too, right back at you, Yeah yeah, um.
• 15:56
  And it's it's like you know, I guess you know, uh,
• 16:00
  California gets a lot of flat but but I have to say, like the
• 16:03
  Tesla SpaceX teams in California are work like how um, you know, we
• 16:07
  run the Fremont plant twenty four seven in the Bay Area, um and uh
• 16:14
  and the output at sort of on a Sunday morning is about the same as
• 16:17
  on a Monday afternoon. UM. And then I was like, well,
• 16:21
  do we have quality issues maybe that are differential because like who really wants to
• 16:25
  work at for you I'm on a Sunday um right, But but actually no,
• 16:32
  no, no, it's it's it's slightly counterintuitive. We actually I mean,
• 16:34
  look, you know, quality is always a challenge. It's always a
• 16:38
  challenge. But um, but but actually the quality uh is slightly worse on
• 16:45
  a on a Monday than it is on a Sunday night shift, which is
• 16:49
  counterintuitive. Uh that's interesting. UM, I know. Yeah, yeah,
• 16:59
  I'm getting some questions about, um, all the existing four chargers. Yeah,
• 17:03
  the everything will still work. So so we're good with that. Um
• 17:07
  should should we enable car dealership? Guida? I don't know him right?
• 17:14
  Oh yes, Oh my god? Is that Mike Sullivan? It might be
• 17:18
  Oh yeah, there we go. Yep, we'llon't enable Okay car dealer?
• 17:25
  Okay, Mike? Is that is that you calling from Santa Monica? Working
• 17:37
  to me? Mike? I'm Mike, Mike. Check your Mike. Hey,
• 17:44
  how are you guys doing. I'm definitely not a Mike, uh,
• 17:48
  but but I have a Mike. So Hey, thank you, appreciate you
• 17:52
  bring me off Elon. Jim, Hey for zad uh Jim. I have
• 17:56
  a question for you regarding and I did miss the whole beginning part of this,
• 18:00
  so you already spoke about this, But how do you reconcile how do
• 18:04
  you reconcile the shift electrification um and and specifically with you know, the standards
• 18:11
  that you know you have a massive dealer network throughout the country. Um so,
• 18:15
  so that entire shift with the fact that you know, at the end
• 18:19
  of the day, if we're just being objective, your your customer or a
• 18:25
  one of your customers, is the dealer still and of course the dealer network,
• 18:30
  and you know, how do you reconcile all of that. And I'm
• 18:32
  coming from a position where you know, I don't know how much you know
• 18:34
  about my mission, but I'm really trying to deliver transparent insights into into the
• 18:38
  car market and unbiased way. I'm a used car dealer, so I don't
• 18:41
  have a horse in this race per se. So I'll leave it at that.
• 18:45
  I'll take a pause, but go ahead. Thanks. Yeah, I
• 18:48
  think you know, I had the opportunity to lead science and I learned a
• 18:52
  lot from that experience. I think when you look at the net promoter score
• 18:56
  of people who buy vehicles, you know they really want transparency in the pricing.
• 19:02
  So early next year we're going to be going to non negotiate a pricing
• 19:07
  and more and more people want to do business remotely, so we want to
• 19:10
  offer that but you know, when you get an accident or you have questions,
• 19:15
  I mean, people are going to want to talk to someone. So
• 19:19
  I think I think there's an answer out there. If I look at markets
• 19:23
  like Norway that are very you know, that have really adopted electrification, there's
• 19:30
  some combination that I think we're moving to that is good for the customer.
• 19:36
  And I don't think it's it's odds with you know, the system has been
• 19:40
  there for one hundred and twenty years. But of course, like commercial vehicles
• 19:44
  is a little different. You know that network has to do a lot of
• 19:48
  repair vehicles. They're heavily used, and so you know, physical services like
• 19:53
  super important for commercial customers. But I think I think we're moving to a
• 20:00
  different experience and that will be from my experience, that will be a good
• 20:07
  thing. Look, I don't necessarily disagree on I think that, you know,
• 20:11
  I'm I love the business and I think Tesla's an enigma in the sense
• 20:15
  that you know, it's been D two CUM since very early on, and
• 20:19
  that's how the company was built. I think, you know, speaking I
• 20:23
  get tons of dms and every day and so it's very I'm a very interesting
• 20:26
  position where I have a very strong pulse on the market. And you know,
• 20:32
  you're the CEO of the company, so I'm sure you do too clearly.
• 20:34
  But I'm constantly seeing stuff like you know, blue Sky multiples, and
• 20:38
  for anyone in the audience that doesn't know what that means, just means the
• 20:41
  multiple that Forward stores are selling now they keep declining. And the reason that's
• 20:47
  important, the reason I pay attention to that in what I do, is
• 20:49
  because that just tells me that's a has a direct correlation to dealer sentiment and
• 20:53
  what dealers think that you know, the future hold for a specific brand,
• 20:59
  And so I think you know that, That's where my head is at,
• 21:02
  thinking how how does that work itself out? I understand you're right that you
• 21:07
  know, there's different reasons why DDC can be better for a customer or a
• 21:10
  dealer network or anything in between. Like we can argue that all day,
• 21:14
  Um, And I think execute it really does come down to execution in a
• 21:17
  sense. But I still wonder how how does it all play out given that
• 21:21
  there is a dealer network and you know that is the reality of how the
• 21:25
  company structure, you know, going through that transition. Yeah, it's awful.
• 21:33
  Yeah, I think, Um, I think it is a transition and
• 21:37
  we're learning. Yeah, what how I kind of think of it is like
• 21:40
  we're going into a second inning of a nine inning game, so you know,
• 21:44
  we're gonna make adjustments a long way. I just don't see it as
• 21:48
  an either or UM, I just don't. I think we need physical outlets
• 21:53
  here and there. Yeah, I'd agree with that. Um, we should
• 21:59
  probably not just great too, just because it'll it could easily you know,
• 22:03
  be like a several hour long um Q and A about Tesla and forward.
• 22:08
  Yeah. So, UM, you know, we want to say reasonably on
• 22:11
  topic. UM. So uh you know, if if there are additional speaker
• 22:15
  requests, uh please, that's that's that's totally cool. But um, we
• 22:21
  want to stay reasonably on topic. So uh, with that in mind,
• 22:26
  do you still have a question. I appreciate, Like I said, I
• 22:30
  Apodi did I missed the beginning it? But I think you know that all
• 22:33
  when I think about the acceleration EV and I've had I've spoken with several guests
• 22:37
  that are you know, very active in EV space, not not Tesla,
• 22:40
  But you know, I just think it's I think through that as you know,
• 22:42
  what does the world look like in five ten years, where is EVY
• 22:45
  adoption and what what does that percentage look like? So look, guys,
• 22:48
  I think it's really cool to see that the two of you on this platform
• 22:51
  doing this together. So kudos to you for um really teaming up on that.
• 22:55
  This is good to see and UM yeah that's all for me for now,
• 22:56
  thank you. Okay, So it's good. Hey, Jim hate Elon,
• 23:03
  this is ser Joe Rodriguez out here in Monterey, California. So I
• 23:07
  am absolutely shocked to see this partnership go down. I am impressed as all
• 23:12
  can be. I mean, if everybody anybody knows me, they know that
• 23:17
  I'm completely shocked right now. I don't even I don't know where north south
• 23:19
  east west is right now. But I appreciate the fact that there's going to
• 23:23
  be a movement forward in as far as it's electrification and that way we can
• 23:29
  get these naysayers that are out there that you know, feel that range anxiety
• 23:34
  is limiting and people can't do this and people can't do that. My question
• 23:38
  goes to, how is the charging speed going to be for us? For
• 23:42
  us on your network? Are we going to be able to charge at our
• 23:47
  full capacity? Because I know that with the Magic doc. When I tested
• 23:49
  it, it was throttled back a bit. It'll really be at whatever the
• 23:56
  physical limit is of the wiring, and so we'll make sure that the adapter
• 24:02
  is not the living factor, so it will and and the the super charge
• 24:06
  will not be the living factor, so it would really be UM, you
• 24:08
  know, and anything that's on the vehicle side wiring. But well we'll certainly
• 24:14
  get go as as as fast as the vehicle battery will allow. UM.
• 24:21
  So you know it is it's certainly the Tesla intent to make this a UM.
• 24:26
  You know, I seem listen positive experience for for owners perfect it's crazy.
• 24:34
  Thank you, Elan. I know we're getting the end of our uh
• 24:38
  end of our time, but I have to ask you. I UM from
• 24:44
  my podcast, I talked to Neil and Tyson and and and we were both
• 24:49
  UM the gross Tyson and we were both wondering where is the Tesla roaster in
• 24:56
  the universe right now? Because I have a few well we have to say
• 25:04
  everyone out there who has a reservation on Tesla roaster, I'd just like to
• 25:08
  say thank you for your patients, UM, because and we're certainly testing the
• 25:14
  patients of of of the new Tesla Roaster customers. I'm actually in the studio
• 25:21
  here um uh with our head of design actually and our head of Vicole engineering.
• 25:29
  Um so Lars and France Fronts are here. Lars and Franz are here
• 25:36
  here. Um so we're actually just looking at the h there. We're hoping
• 25:41
  to finish the design of the engineering of the new roads to this year and
• 25:45
  hopefully reach production towards the end of next year. I mean, I do
• 25:49
  want to emphasize that this is financially sort of a small, small potatoes situation.
• 25:56
  Um. You know, it's not going to move the needle in a
• 25:57
  major way financially. So I've characterized it as the it's not even the icing
• 26:02
  on the cake, it's the cherry on the icing on the cake. Um.
• 26:04
  But it's it's still it's you know, will be a really really cool
• 26:07
  thing, and and and and and there's some something you know, poetic about
• 26:15
  We started roll with the roadster, and we're not gonna end with the roadster.
• 26:18
  But but it's nice to have it rhyme and come back with with a
• 26:22
  new versions. So where's the one, where's the one in space? Like,
• 26:27
  yeah, how far out is it? Well, there's actually somebody maintains
• 26:32
  a website called where is roadster dot com. Oh really yeah, so at
• 26:36
  any given point you can uh see where it is. Um. But we
• 26:41
  ran the sort of orbital calculations forward about ten million years and it did not
• 26:47
  appear to hit anything for the next ten million years. So it's uh,
• 26:51
  you know, never know when something that come out of nowhere, but it'll
• 26:53
  it'll be there in theory, it will be there, um after the even
• 26:59
  after the remids have eroded. So it's it's a long term. You know,
• 27:03
  the aliens, if aliens come in the future, they were like,
• 27:07
  hey, what's this thing? Um? And then we have we have a
• 27:11
  we have a tiny roaster like a matchbox car roadster on the dashboard of the
• 27:17
  roads or so they'd be like maybe they'll think they must they must have worshiped
• 27:21
  these things. This must be like the religious symbol of something you know.
• 27:25
  Um, I don't know, um, but uh yeah that's cool. I
• 27:32
  just want to thank Elan to you and your team for for you know,
• 27:37
  working together on behalf of all of our customers and for all the customers calling
• 27:41
  in. Just want to thank you for doing so. We're really pumped up
• 27:47
  about working with with you to you know, make our customers lives better,
• 27:52
  and uh, we're really thankful for your partnership. Likewise, um, it's
• 28:00
  to be working with a great company like Ford and so yeah, it's a
• 28:06
  look looking forward to doing paths more in the future. So well, yeah,
• 28:10
  and let's do this again. It's been I've learned a lot and uh
• 28:15
  yeah it's a great platform. All right, cool, sounds good. Thank
• 28:18
  you, Okay, thank you. Bye.