Tesla TSLA Q4 2025 Earnings Call Transcript The Motley Fool

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These payments are subject to the fulfillment of performance standards by the concessionaire as required by the relevant schedules of the concession agreement. Make sure that we can continue to build batteries and robots and AI chips no matter what happens. Hopefully, Micron will have something going in a few years because they are headquartered in Idaho, where they make a lot of potato chips. Elon, you've been spending significant personal time on Tesla, Inc.'s chip design. We obviously have cars operating with no one in them and no safety monitor and no follow car or anything like that in Austin right now. I think some customers took rides last week and also service continues today without any real cars, something like that.

But anything that's got sort of — that's set up for cameras, it will be financially sensible at some point to upgrade them. Is that still the plan to do hardware upgrades on the cars? So probably doing a lot of the sort of PCV work in-house for that. spanian casino online So sort of aspirationally 10 million units a year versus 1 million units a year of Optimus 3. Our next question is going to come from Will at Truist. And then just, Elon, kind of a road map question, I guess. And I think they're just following through with what the public wants in the world knows is coming, and they're trying to stay ahead of it and make sure that they're doing the right things in place.

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Over the last decade, we have continually brought down the cost of our vehicles without sacrificing range, performance, or premiumness. As Elon said, the future is autonomous. Does Tesla, Inc. have a view, based on its robotaxi ambition, what this number will be in five or ten years? For again showing the confidence in us, let's get ready for a future of amazing abundance. We will make such investments, as Elon mentioned, in a very capital-efficient manner. We will be paying for six factories, namely the refinery, LFP factories, CyberCab, Semi, a new mega factory, the Optimus factory. On total gross margin front, we ended the quarter with over 20.1%, something which we haven't achieved for over the last two years.

This helps our strategy for the AI too because you can learn how humans do these tasks, and it's very easy to teach the robot in the same way. It's not in usage in our factories in a material way. We have had Optimus do some basic tasks in the factory. Regarding Optimus, could you share the current number of units deployed in Tesla, Inc. and actively performing production tasks? But to the question itself, from a line standpoint, we always design our lines to be super flexible. Our competition continues to pull back. We expect that because of this network, we are the only company capable of scaling at the rate that is needed for the tsunami of autonomy that has come.

As we continue to complete our work on v15, we will see that the car is going to be ridiculously safe and capable. We expect that the time to launch to a new city will continue to trend towards zero towards an end where we operate in the entire states as a whole instead of going by a city by city. Not only that, we expect to continue growing at such a large rate through the rest of this year. We had safety monitors in the passenger seats of the cars back then. So we thought we'd provide a comprehensive view of where we are now and where we are going in the future. The future is going to be great, and we are ready to rise to the occasion. We believe this is the right strategy to position the company for the next era, and we'll always make such investments in a very capital-efficient manner. In addition to using our cash for such investments, we are being opportunistic in securing certain debt facilities that will give us the capacity to borrow up to $30 billion to help accelerate such investments.