Tesla Targets Unsupervised FSD Launch in Multiple US Cities by Year-End, Robotaxi in Austin by June

Earnings Call
04-23

Tesla CEO Elon Musk provided updates on several key areas:
1. Full Self-Driving (FSD): Expects unsupervised FSD to be available in several US cities by end of 2024, with millions of Teslas operating autonomously in second half of 2025.
2. Robotaxi: Plans to launch in Austin in June 2024, starting with 10-20 vehicles and scaling up rapidly.
3. Cybertruck: On track for production in 2024, with beta builds coming in Q2 2024.
4. Manufacturing: Developing revolutionary "unboxed" production system, aiming for 5-second vehicle cycle times.
5. Optimist robot: Expects to produce thousands by end of 2024, facing some supply chain challenges.
6. Battery production: Tesla now produces the lowest cost per kWh cells for its North American vehicles.
Disclaimer: This earnings call summary is generated by AI and is for informational purposes only. Due to technical limitations, inaccuracies may exist. It does not constitute investment advice or commitments.

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