Today we are thrilled to be in Fremont, CA with Tesla CEO Elon Musk. In this episode Tasha Keeney, Analyst at ARK Invest and Cathie Wood, Founder, CEO, and CIO at ARK Invest chat with Elon about the future of Tesla and autonomous driving. The podcast conversation kicks off by sizing the upcoming boom in global electric vehicle demand which leads into a discussion around linear versus exponential growth. Elon explains Tesla’s competitive edge against autonomous driving peers like Waymo and talks about a key upcoming milestone for Tesla, which he thinks most people are overlooking. Elon shares his insights about Tesla’s autonomous strategy, and the timeline of how the process is laid out. We also discuss the autonomous driving regulatory environment and the crucial role that machine learning plays in getting full autonomy on the roads. For an incredibly insightful conversation do not miss out on this podcast episode.
Key Points From This Episode:
Sizing the market for electric vehicles
Tesla’s competitive advantage in data collection
The roll out strategy for fully autonomous driving features
Regulatory response and safety proof points
Why Elon believes Tesla has the best people to solve this problem.
Importance of consumer use of autopilot to further the process.
The balance between hardware and software to achieve full autonomy
Tesla’s approach to letting other automakers use their technology.
Curveball Question: What does Elon think about Bitcoin?
“Small changes in the calendar breakpoint have enormous percentage differences. The time difference is small, but the percentage difference is enormous.” — @elonmusk [0:06:07]
“People think sometimes that I’m like a business person or finance person, or something like that. I’m an engineer. I do engineering, always have.” — @elonmusk [0:12:33]
“The reason Tesla is making rapid progress is because we have vastly more data, and this is increasing exponentially.” — @elonmusk [0:17:01]
“No matter how you slice the data, it is unequivocal at this point that it’s safer to have autopilot on.” — @elonmusk [0:20:11]