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They’re Out There

The wildest stuff Elon Musk said at Tesla’s shareholder meeting

Get ready to text and drive while the Optimus robot cures poverty.

Rani Molla

Tesla shareholder meetings are like no other. Where else does a man, just awarded a $1 trillion pay package, come onstage to dancing robots? CEO Elon Musk said as much himself:

“Other shareholder meetings are like snoozefests,” Musk told shareholders at his Texas Gigafactory Thursday. “This is sick. We get this cyberpunk nightclub here with real robots just standing there and milling around and dancing.”

The potential future trillionaire went on enumerate all the progress the company is making as well as a number of product timelines (to be taken with a grain of salt). That included announcing that the Optimus robot, Semi Truck, and Cybercab would go into production in 2026, and that Tesla’s Robotaxi service would next roll out in Miami, Dallas, Phoenix, and Las Vegas. But it also included a lot of wild comments from Musk.

“I’m going to say a bunch of things that probably I shouldn’t say, but that’s what keeps it interesting,” Musk warned.

Here are some of our favorite Musk comments, slightly edited, from the call.

On Optimus robots:

“Optimus will ultimately be better than the best human surgeon with a level of precision that is impossible, that is beyond human.”

“People always talked about eliminating poverty, but actually, Optimus will actually eliminate poverty.”

“I think we might maybe able to give people — if somebody committed crime — a more humane form of containment of future crime. You say, ‘You now get a free Optimus and it’s going to follow you around and stop you from doing crime.’ But other than that, you get to do anything... You don’t have to put people in prisons and stuff.”

“Things do get kind of wild from an economic standpoint because at a certain point with AI and robotics, you can actually increase the global economy by a factor of 10 or maybe 100. There’s not an obvious limit. Optimus is kind of like an infinite money glitch.”

On cartoon characters and how Teslas look:

“Apart from the Cybertruck, our cars look pretty normal... Let’s say you’ve got a cat and it’s just sitting there on the couch, and you try to tell people that the cat is actually Puss in Boots and it can put on boots and a hat and swashbuckle and sing and dance... We’ve got millions of Tesla cars out there that are the kind of like Puss in Boots. They’re intelligent, but people don’t know that they’re intelligent... You can either have a cat that’s a normal cat, or you can have Puss in Boots. And Puss in Boots is very cool.”

On Full Self-Driving milestones:

“We’re actually getting to the point where we almost feel comfortable allowing people to text and drive, which is kind of a killer app because that’s really what people want to do and do do. And actually right now, the car’s a little strict about keeping your eyes on the road.  But I’m confident that in the next month or two, we’re going to look closely at the safety statistics, but we will allow you to text and drive essentially.”

“ I think [software version] 14.3 is when we’ll really be at the point where you can just pretty much fall asleep and wake up at your destination.”

On AI chips:

“ I’m super hardcore on chips right now, as you may be able to tell. I’ve got chips on the brain. I dream about chips, literally.”

“When we extrapolate the best-case scenario for chip production from our suppliers, it’s still not enough. So I think we may have to do a Tesla tera fab. It’s like giga, but way bigger. I can’t see any other way to get to the volume of chips that we’re looking for, so I think we’re probably going to have to build a gigantic chip fab.”

Not to be outdone, some shareholders and shareholder advocates who read their proposals aloud at the start of the meeting also had some fun things to say.

John Chevedden:

“Annual election of each Tesla director will tend to keep Tesla directors away from their current status as being lapdog enablers for Mr. Musk and Mr. Musk’s outrageous executive pay and Mr. Musk’s outrageous distractions from Tesla.”

James McRitchie:

“ Tesla’s Musk premium, once a source of strength, is fading along with his global reputation. Remember, Tesla is his only publicly traded company. It’s the liquid piggy bank that fuels his other ventures. Yes, Elon Musk is brilliant, but no company should depend on a single personality. Either he stays long enough to keep using your capital elsewhere, or he moves on when the tap runs dry.”

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Alphabet acquires data center company Intersect for $4.75 billion

Google parent Alphabet announced a deal to acquire data center and energy infrastructure builder Intersect. Alphabet already held a minority stake and a partnership with the company. The acquisition is for $4.75 billion in cash.

According to Alphabet CEO, Sundar Pichai: “Intersect will help us expand capacity, operate more nimbly in building new power generation in lockstep with new data center load, and reimagine energy solutions to drive US innovation and leadership. We look forward to welcoming Sheldon and the Intersect team.”

The deal is expected to close in the first half of 2026.

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Tesla might get to a 1,000 Robotaxis in the Bay Area this year after all

Tesla has registered 1,655 ride-hailing vehicles in California, up from just 28 when it launched the service in August, according to California Public Utilities Commission data cited by Business Insider. That growth suggests Tesla — which currently has about 130 Robotaxis operating with a driver using Full Self-Driving in the Bay Area — could realistically hit CEO Elon Musk’s target of 1,000 vehicles in the region by the end of the year.

Registered vehicles aren’t the same as an active fleet, but the increase signals that Tesla is gearing up for significant expansion.

Google’s Waymo remains in the lead, with nearly 2,000 driverless vehicles registered across its two California markets, including more than 1,000 operating in the Bay Area and 700 in Los Angeles.

It’s less clear whether Tesla can meet Musk’s other goals, including deploying 500 Robotaxis in Austin, where just 32 vehicles are currently operating, or removing safety monitors by year’s end. Only two of those Austin vehicles are currently testing without drivers.

Registered vehicles aren’t the same as an active fleet, but the increase signals that Tesla is gearing up for significant expansion.

Google’s Waymo remains in the lead, with nearly 2,000 driverless vehicles registered across its two California markets, including more than 1,000 operating in the Bay Area and 700 in Los Angeles.

It’s less clear whether Tesla can meet Musk’s other goals, including deploying 500 Robotaxis in Austin, where just 32 vehicles are currently operating, or removing safety monitors by year’s end. Only two of those Austin vehicles are currently testing without drivers.

tech

Activists claim to have scraped most of Spotify, planning release

An activist archiving group claims they have scraped a large part of Spotify’s library of music.

Anna’s Archive, a self-described “open source search engine for shadow libraries” announced in a blog post that the pirated Spotify files will be a “preservation archive,” meant to archive the snapshot of music for future generations.

Anna’s Archive says they have scraped 86 million tracks. Spotify says their platform hosts over 100 million tracks. The group has already released a database of metadata from Spotify’s collections, having reportedly scraped 256 million rows’ worth, per Billboard, with plans to release music files later down the line.

Such a large corpus of publicly available music data would be a goldmine to AI companies, looking for fresh data to train their models. Spotify told Billboard that it is actively investigating the incident.

Anna’s Archive says they have scraped 86 million tracks. Spotify says their platform hosts over 100 million tracks. The group has already released a database of metadata from Spotify’s collections, having reportedly scraped 256 million rows’ worth, per Billboard, with plans to release music files later down the line.

Such a large corpus of publicly available music data would be a goldmine to AI companies, looking for fresh data to train their models. Spotify told Billboard that it is actively investigating the incident.

15

In the absence of official statistics, Bloomberg attempted to tally the number of US deaths linked to crashes in which Tesla’s door functionality may have impeded escape or rescue. The analysis identified “at least 15 deaths in a dozen incidents over the past decade in which occupants or rescuers were unable to open the doors of a Tesla that had crashed and caught fire.”

In September, the National Highway Traffic Safety Administration opened an investigation into whether door issues in certain Tesla vehicles can prevent emergency access, following a separate Bloomberg report.

tech
Nate Becker

Tesla CEO Elon Musk wins appeal for his 2018 pay package

Tesla CEO Elon Musk has won an appeal to the Delaware Supreme Court, restoring his 2018 pay package that was worth $56 billion at the time but has since ballooned in value, Reuters reports.

Two years ago, a lower court had struck down the compensation deal, calling it “unfathomable,” and Musk has been fighting for it since then.

Of course, Musk was recently awarded an even bigger pay package that could potentially award him $1 trillion over time. Tesla shares were recently up 0.5% in after-hours trading.

Of course, Musk was recently awarded an even bigger pay package that could potentially award him $1 trillion over time. Tesla shares were recently up 0.5% in after-hours trading.

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