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Micro2Macr0
Macro Economist - Self-made multimillionaire - Formerly Retired at 42 - Always trying to find companies and investments that are solving tomorrows problems
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Summaries of the just concluded Tesla earnings call.
-------- Robotaxi ---------
Austin service area will expand in "2 weeks" to a significantly bigger area than Waymo's, 10x Tesla's current size.
Next areas include SF Bay Area, Florida, Arizona, Nevada. In process of getting regulatory approval for SF Bay Area.
Robotaxi available to half of US population by end of this year, subject to regulatory approval (I'd take this with a grain of salt).
Should have unmanned delivery in Bay Area and Austin by end of year.
About putting customer cars into Robotaxi network, Elon said "Haven't thought hard about it." Next year sometime. Tesla will have to do a car checkout process to make sure car works properly (checking even things like tire tread wear for safety).
Cybercab is optimised for autonomy. Sub $0.30 cost per mile over time, eventually. Won't be a performance car like other Tesla vehicles. Will have autonomous battery charging. Existing Model Y will be more like $.50/mile eventually (these are all costs to Tesla I believe).
Unsupervised FSD for personal use, by the end of 2025 in certain geographies in the US. FSD hardware in robotaxi cars is identical to what customer cars have.
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The US needs to print but can't spark obvious inflation.
What absorbs the liquidity? Stablecoins. Backed by T-Bills, but driven by #Bitcoin.
A higher #Bitcoin (and Gold) price is becoming a matter of fiscal stability for the US.
#Bitcoin is the new monetary pressure valve.
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