While the Tesla Q2 Earnings had earning per share weakness, the truly important news is that Tesla’s AI and Energy future was confirmed.
The Megapack factory in China will expand to over 80 GWh per year of capacity and not just 40 GWh.
Tesla Megapack have software that differentiate them versus their Chinese competitors.
There is accelerating demand for energy storage .
Fixed energy storage will be critical for tripling the entire world energy by 2040-2050. This would be 50,000 TWH of new electricity. This would be demand for over 1000 forty GWH/year megapack factories (Tesla or competitors).
Tesla is in discussions with to multiple OEM (carmakers) FSD licensing. Tesla will only bother to do it if they each commit to at least a million cars per year.
Tesla will make thousands of Teslabots and use them in their own factories in 2025 and then they will expand for mass production and sell to everyone starting in 2026.
Tesla should have FSD improved so that they will start tests without human drivers by the end of 2024. Elon will be shocked if the tests without human drivers does not start in 2025.
Tesla Dojo AI training will be competitive with Nvidia chips.
Elon Musk repeated the importance of distributed AI inference.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
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