Elon Musk’s Comments During TESLA’s Q1 Earnings Call
Musk said there will be more affordable models coming in early 2025 or sooner. Musk said that Tesla has accelerated its future product roadmap and is set to start production in early 2025, or late 2024. The company had previously indicated this production wouldn’t start until the second half of 2025.
When asked if any legacy automakers have reached out to Tesla about licensing the company’s full self-driving (FSD) technology for their vehicles, Musk said that Tesla is “in conversations with one major automaker regarding licensing FSD.”
Musk provided investors with some insights into Tesla’s long-awaited robotaxi, or the “cyber cab” which is set to launch on Aug. 8. The robotaxi is part of Tesla’s vision to create an autonomous taxi service.
Musk said that Optimus is doing “simple factory tasks” in the lab and is expected to be in Tesla’s factory by the end of 2024. He added that it could be ready to be sold externally by the end of 2025.