WWED quote from Tesla Q4 2022 earnings call
You know, I think something that still a lot of people out there don't quite appreciate is that Tesla, which I've always said, like Tesla is as much a software company as a hardware company, but Tesla is really one of the world's leading AI companies.
Tesla Q4 2022 earnings call
- Date
- Context
- Earnings call
- Themes
- Business strategy
- AI and autonomy
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“However, we expect our vehicles over time will be able to generate significant profit through autonomy. We do believe we're, like, laying the groundwork here, and that it's better to ship a large number of cars at a lower margin and subsequently harvest that margin in the future as we perfect autonomy. This is an extremely important point.”Tesla Q1 2023 earnings call
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“If, if I may, look, it's like, look, the short-term variances in gross margin and profitability really are minor relative to the long-term picture. Autonomy, it will make all of these numbers look silly.”Tesla Q2 2023 earnings call
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“As I mentioned before, you know, given that economic output is number of people times productivity, if you no longer have a constraint on people, effectively, you've got a humanoid robot that can do as much as you'd like, your economy is quasi infinite or, you know, infinite for all intents and purposes. And I don't think anyone's gonna do it better than Tesla, not by a long shot.”Tesla Q3 2023 earnings call
Earnings call
“Optimus, obviously, is a very new product, an extremely revolutionary product, and something that I think has the potential to far exceed the value of everything else that Tesla combined. And when you think of an economy, economy is productivity per capita times capita. But what if there's no limit to capita? There's no limit to the economy.”Tesla Q4 2023 earnings call