00:00And who better than Elon, right, to show us that future?
00:18As you can see, I just arrived in the RoboTaxi, the CyberCab.
00:22There's no people in them, as you can see. The car's just going by with no people.
00:25So you'll see Model Ys and the CyberCab, all driverless.
00:32There's no steering wheel or pedals, so I hope this goes well.
00:37We'll find out.
00:38So we'll move from supervised full self-driving to unsupervised full self-driving,
00:44where you could fall asleep and wake up at your destination.
00:48But there's also a challenge for a lot of people that cars cost too much.
00:52I mean, when you factor in everything that goes into a car,
00:55and the car insurance, and the car payments, and the storage of the car,
00:59it's very expensive.
01:01So with autonomy, you get your time back.
01:05This is a very big deal.
01:07So it'll save lives, like a lot of lives, and prevent injuries.
01:14I think we'll see autonomous cars become ten times safer than a human.
01:21And it's not just the lives saved in injuries,
01:23but if you think about the cumulative time that people spend in a car,
01:28and the time that they will get back.
01:30In fact, I think the cost of autonomous transport will be so low
01:37that you can think of it like individualized mass transit.
01:42The average cost of a bus per mile for a city,
01:47not the ticket price, because that is subsidized,
01:49the average price is about a dollar a mile.
01:51Whereas the cost of CyberCab, the operating cost,
01:56is probably going to be around 20 cents a mile.
01:58So, yes, and you will be able to buy one.
02:02We expect the cost to be below $30,000.
02:05We do expect actually to start fully autonomous, unsupervised FSD
02:13in Texas and California next year.
02:17That's with the Model 3 and Model Y.
02:19We expect to be in production with the CyberCab in probably,
02:25well, I tend to be a little optimistic with time frames,
02:27but in 2026.
02:32Before 2027, let me put it that way.
02:34But well before that, you will experience a robotic taxi
02:40via the Model 3 and Model Y program.
02:42And Model S and X too.
02:45And the Cybertruck too, yes, of course.
02:47Sorry, I don't want to be, yes, yes.
02:49All our cars, basically.
02:51All cars that we make.
02:53Let's not get new ones here.
02:55All right, next slide.
02:57And I want to emphasize that the solution that we have
03:02is AI and vision.
03:04So there's no expensive equipment needed.
03:09And that means that our cost of producing the vehicle is low.
03:14All right, so our autonomous future is here.
03:17As I said, we've got 50 Teslas driving autonomously.
03:20Something we're also doing is,
03:22and it's really high time we did this,
03:24is inductive charging.
03:26The robotaxi has no plug.
03:29It just goes over the inductive charger and charges.
03:32One of the things that is really interesting is
03:35how will this affect the cities that we live in.
03:38So what would happen if you have an autonomous world
03:41is that you can now turn parking lots into parks.
03:45We're taking the ing lot out of parking lot.
03:48There's a lot of opportunity to create
03:56green space in the cities that we live in.
03:59Also, what happens if you need a vehicle
04:04that is bigger than a Model Y?
04:07The Revovin is,
04:09we're going to make this,
04:12and it's going to look like that.
04:13Now can you imagine going down the streets
04:15and you see this coming towards you?
04:16That would be sick.
04:18So this can carry up to 20 people
04:20and it can also transport goods.
04:22The Revovin is what's going to solve for high density.
04:25Everything we've developed for our cars,
04:28the batteries, power electronics,
04:30the advanced motors, gearboxes,
04:33the software, the AI inference computer,
04:37it all actually applies to a humanoid robot.
04:41It's the same techniques.
04:43It's just a robot with arms and legs
04:45instead of a robot with wheels.
04:48And we've made a lot of progress.
04:50You're really going to have something spectacular,
04:53something that anyone could own.
04:56At scale, this would cost something like,
05:00I don't know, $20,000, $30,000.
05:02Probably less than a car is my prediction long term.
05:05And what can it do?
05:07It'll basically do anything you want.
05:09So it can be a teacher, babysit your kids,
05:11it can walk your dog, mow your lawn,
05:13whatever you can think of, it will do.
05:16And I think this will be
05:19the biggest product ever of any kind.
05:22There's going to be maybe two,
05:25and then they'll be producing products and services.
05:29It will be an age of abundance.
05:32The likes of which people have not,
05:34almost no one has envisioned.
05:36It'll be something special.
05:38Let's party!
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