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Tesla’s manufacturing capacities are in retailer for a big progress spurt, CEO Elon Musk advised the gang assembled on the firm’s Austin, Texas Gigafactory for Investor Day 2023 — and AI will apparently be the magic bullet that will get them there. It is all a part of what Musk is asking Grasp Plan half 3.
That is certainly Musk’s third such Grasp Plan, the primary two coming in 2006 and 2016, respectively. These have served as a roadmap for the corporate’s progress and growth over the previous 17 years as Tesla has grown from neophyte startup to the world’s main EV automaker. “There’s a clear path to a sustainable vitality Earth by 2050 and it doesn’t require destroying pure habitats,” Musk mentioned throughout the keynote tackle.
“You could possibly assist a civilization a lot larger than Earth [currently does]. Far more than the 8 billion people may really be supported sustainably on Earth and I am simply usually shocked and shocked by how few folks notice this,” he continued. He promised that the corporate would launch a “detailed whitepaper with calculations & assumptions,” via Twitter during the event.
Major Tesla topics shall be scaling to excessive measurement, which is required to shift humanity away from fossil fuels, and AI.
However I may even Embrace sections about SpaceX, Tesla and The Boring Firm.
— Elon Musk (@elonmusk) March 21, 2022
The Grasp Plan goals to determine a sustainable vitality economic system by growing 240 terraWatt hours (TWH) of vitality storage and 30 TWH of renewable energy technology, which might require an estimated $10 trillion funding, roughly 10 p.c of the worldwide GDP. Musk notes, nevertheless, that determine is lower than half of what we spend at the moment on inner combustion economic system. In all, he anticipates we might want lower than 0.2 p.c of the world’s land space to create the mandatory photo voltaic and wind technology capability.
“All vehicles will go to completely electrical and autonomous,” Musk declared, arguing as soon as once more that ICE autos will quickly be seen in the identical disdain because the horse and buggy. He additionally teased potential plans to impress plane and ships. “As we enhance the vitality density of batteries, you’ll see all transportation go totally electrical, except rockets,” he mentioned. No additional particulars as to when or how that is perhaps achieved had been shared.
“A sustainable vitality economic system is inside attain and we must always speed up it,” Drew Baglino, Tesla’s SVP of Powertrain and Power Engineering, added.
Following Musk’s opening assertion, Tesla executives Lars Moravy and Franz von Holzhausen took the stage to debate the corporate’s “manufacturing hell” and the challenges of constructing the Cybertruck out of stainless-steel. Nevertheless, the teachings discovered from that, Moravy argued will assist Tesla construct its Gen 3 autos extra effectively, and achieve this inside a much smaller manufacturing facility footprint. von Holzhausen introduced to a rousing spherical of applause that the Cybertruck will arrive later this yr, a considerably nearer date than Musk’s earlier public estimate that manufacturing would not start till subsequent yr.
Sadly, there shall be no new automobile reveal at this occasion, von Holzhausen mentioned. That announce will occur “at a later date.”
The corporate did tease a brand new video that includes the Tesla Robotic strolling independently and with out the aide of a assist body although there was no stay demonstration of the identical. Regardless of difficulties discovering appropriate off-the-shelf actuators and motors for the humanoid robotic platform, “we must always carry and precise produce to market at scale that’s helpful far quicker than anybody else,” Musk mentioned.
He additional expects the corporate’s robots to grow to be so profitable that we could quickly see a day the place they outnumber people. “I feel we would exceed a one-to-one ratio of robots to people,” he added. “It isn’t even clear what an economic system means at that time.”
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