Elon Musk - Tesla Motors


Last quote by Elon Musk

Both Tesla and SpaceX were very close to dying. SpaceX had our third launch failure: we just barely had enough resources to do a fourth, and if that had failed it would have been curtains. Fortunately, it worked, but even then we weren't quite out of the woods.feedback
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May 24 2017 Tesla
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Elon Musk is associated, including Tesla and July. Most recently, Elon Musk has been quoted saying: “Actually, I think my generation does feel a bit cheated by that. Or rather, disappointed that things didn't progress from there. Because the expectation was always that there'd have been a base on the moon and that we'd have sent people to Mars by the time we'd grown up. In 2001 Arthur C Clarke based his whole story on that. And yet here we are in 2013 and the United States cannot even send a person into low-earth orbit. Nobody would have believed such an outcome back in 1969.” in the article Who is Elon Musk? Tech billionaire, SpaceX cowboy, Tesla pioneer - and real life Iron Man.
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Elon Musk quotes

There will also be little things that come along like free frozen yogurt stands scattered around the factory and my personal favorite: a Tesla electric pod car roller coaster.feedback

We thought it was important that Tesla become, in part, a German company.feedback

We have seen a belief among some that Model 3 is the newest and more advanced generation of Model S. This is not correct. Model S will always have more range, more acceleration, more power, more passenger cargo room, more displays (two), and more customization choices, and Model S, X and 3 will all have equivalent Autopilot functionality. We will continue to clearly communicate these distinctions to avoid any misperceptions.feedback

I intend to be actively involved with Tesla for the rest of my life. Hopefully stopping before I get senile or too crazy, I don't know.feedback

Yeah, I don't think they want to have that conversation, Adam. At least I've not heard any indication that they do. Obviously Apple continues to make some great products and, yeah, I mean, I use their phone and their laptop, it's cool.feedback

I'm absolutely confident that electric vehicles will occupy every segment, without exception. As far as we know there are no issues. I don't think they want to have that conversation. I have not heard that they do.feedback

I'm just trying to think about the future, and not be sad. I want to be clear, I'm not trying to be anyone's savior.feedback

If you can jack up the power to the machine substantially, I think you can get at least a factor of two, maybe a factor of four or five improvement on top of that. Currently he's capable of going 14 times faster than a tunnel boring machine. We want to beat Gary. He's not a patient little fellow. That will be victory. Victory is beating the snail. There's no real length limit. This is basically interns and people doing it part time.feedback

When I was driving the test prototype for the first truck, it's really weird, because you're driving around, and you're so nimble, and you're in this giant truck. I drove it around the parking lot. I was like 'This is crazy.' Driving this giant truck and sort of making these mad maneuvers.feedback

Absolutely this is what will happen: so there will be a shared autonomy fleet where you buy your car, and you can an choose to use that car exclusively, you could choose have it be used only by friends and family, only by other drivers who are rated five stars, you can choose to share it some times but not other times. That's 100 percent what will occur, it's just a question of when.feedback

The deepest mines are much deeper than the tallest buildings are tall, so you can alleviate any arbitrary level of open congestion with a 3D tunnel network. We need to have at least a 10-fold improvement in the cost per mile of tunneling. A single-lane tunnel would have to be 26 or 28 feet in diameter to allow for emergency vehicles and ventilation for combustion engine cars.feedback

The real trick of it is not 'how do you make it work 99.9 percent of the time,' because if a car crashes say one in a thousand times then you're probably still not going to be comfortable falling asleep. If you had a tug of war competition, the Tesla semi will tug the diesel semi uphill.feedback

The Model 3 is on track to start limited vehicle production in July and to steadily ramp production to exceed 5,000 vehicles per week at some point in the fourth quarter and 10,000 vehicles per week at some point in 2018.feedback

Tough call, as high altitude wind shear was at 98.6 percent of the theoretical load limit.feedback

Once you explain this to a first-rate engineer, the light bulb goes on. Lot of engineers don't realize this is possible. They think there's like a wall. They're basically operating according to these invisible walls and we're in the the process of explaining those walls don't exist. And I think it's going to be pretty amazing.feedback

The most important point I want to make is [that] the true problem, the true difficulty, and where the greatest potential lies is building the machine that makes the machine. In other words, building the factory … like a product. I do my favorite thing which is apply physics first principles. It's like the best tool possible. No, I'm serious. I have this spreadsheet.feedback

I could have either done a rushed private stock sale or borrowed money from friends.feedback

That's the aspiration, to avoid artificial intelligence becoming [the] other.feedback

Over time I think we will probably see a closer merger of biological intelligence and digital intelligence.feedback

If I were to communicate a concept to you, you would essentially engage in consensual telepathy. You wouldn't need to verbalize unless you want to add a little flair to the conversation or something … But the conversation would be conceptual interaction on a level that's difficult to conceive of right now.feedback

Either we're going to create simulations that are indistinguishable from reality or civilisation will cease to exist. Those are the only two options.feedback

If I were to communicate a concept to you, you would essentially engage in consensual telepathy. There are a bunch of concepts in your head that then your brain has to try to compress into this incredibly low data rate called speech or typing. If you have two brain interfaces, you could actually do an uncompressed direct conceptual communication with another person.feedback

I like autobiographies. I think [they] are pretty helpful.feedback

I read a lot of books and talked to a lot of people. I would say, certainly, he's one of the people I most admire. Franklin was pretty awesome.feedback

A much better way to do it would be like, Here's the engine, now let's take it apart. Then a very important thing happens, which is that the relevance of the tools becomes apparent.feedback

Besides, I already said we'd add more independent members during [Solar City] merger. Will announce soon, but this group has nothing to do with it.feedback

You have tall buildings. They're all 3D, and then everyone wants to go into the building and leave the building at a same time. On a 2D road network, that obviously doesn't work, so you have to go 3D either up or down. And I think probably down.feedback

Tesla is absurdly overvalued if based on the past, but that's irrelevant. A stock price represents risk-adjusted future cash flows.feedback

At this point I'm highly confident that it's possible to achieve at least 100-fold reduction in the cost of space access.feedback

It's a little counter-intuitive, they see a rocket going straight up, and you think, well, that's the way rockets go to space. They go straight up and suddenly gravity stops at some point…that's not at all how it works. So we have the word orbit. The way that things go up, and stay up, is they zoom around the Earth so fast that the upward acceleration is equal to the negative acceleration of gravity, they null out, and that's why you don't come back.feedback

I think it's a bit silly because Blue Origin hasn't even done a suborbital flight to space, let alone an orbital one. If one were to extrapolate their progress, they might reach orbit in five years, but that seems unlikely.feedback

This is a huge day. My mind's blown, frankly. Flight proven.feedback

It means you can fly and refly an orbit class booster which is the most expensive part of the rocket. This is going to be, ultimately a huge revolution in space flight. It is the difference between if you had airplanes, where you threw away an airplane after every flight versus you could reuse them multiple times.feedback

This is a huge day. My mind's blown. The potential is there for (an) over 100-fold reduction in the cost of access to space. If we can achieve that, it means humanity can become a space-faring civilisation and be out there among the stars. This is what we want for the future.feedback

I think if we can effectively merge with AI by improving the neural link between the cortex and your digital extension of yourself, which already exists but just has a bandwidth issue, then effectively, you become an AI-human symbiote. And if that then is widespread, and anyone who wants it can have it, then we solve the control problem as well. We don't have to worry about some evil dictator AI because we are the AI collectively. That seems like the best outcome I can think of.feedback

Perhaps there will be some future bill that makes a difference for Mars, but this is not it.feedback

Well, now, when your dragon lands on Mars with people, is there going to be anything down there for you to live in or do?feedback

Just spoke with Premier of South Australia (Jay Weatherill). Very impressed. Govt is clearly committed to a smart, quick solution. Tesla will get the system installed and working 100 days from contract signature or it is free. That serious enough for you?feedback

Tesla will get the system installed and working 100 days from contract signature or it is free. That serious enough for you?feedback

I had to decide whether to invest in Tesla and basically divest of all my other assets to do that, going to the point of bankruptcy and so forth. Having a broad network of investors is something that I've decided to do, you know, for all my businesses, because you want a good syndicate of folks around you when things are tough. I think even if you could do all your own funding you should go through the hard work of getting investors because the other thing investors do is that they give you true market feedback on whether what you're doing is correct.feedback

I think it's another thing I've learned since 2008 – we were self-funding so much of our businesses back then, and I'll never do that again.feedback

Most of our funding comes from local communities. If what we're doing isn't actually impactful then that funding will dry up. And so it's good to have outside funding, because it gives you accountability that what you're doing is actually really important and effective.feedback

We would expect to do more than one mission of this nature. This should be incredibly exciting.feedback

We have been approached by private individuals. This is a private mission with paying customers, who have placed significant deposits. There is some risk here.feedback

Fly me to the moon ... Ok. I think they are entering this with their eyes open, knowing that there is some risk here. They're certainly not naive, and we'll do everything we can to minimize that risk, but it's not zero. But they're coming into this with their eyes open.feedback

This should be a really exciting mission that hopefully gets the world really excited about sending people into deep space again.feedback

According to our financial plan, no capital needs to be raised for the Model 3 but we get very close to the edge. We're considering a number of options but I think it probably makes sense to raise capital to reduce risk.feedback

I think it makes sense to raise capital to reduce risk.feedback

We also understand manufacturing a lot better than we did in the past. There are really only disadvantages for someone to want the UAW.feedback

You can see how [Franklin] was an entrepreneur. He was an entrepreneur. He started from nothing. He was just a runaway kid.feedback

It is really, really good if you want a primer on structural design.feedback

Given that this is the first time in 4.5 billion years where it's been possible for humanity to extend life beyond Earth, it seems like we'd be wise to act while the window was open and not count on the fact it will be open a long time.feedback

The heroes of the books I read always felt a duty to save the world.feedback

But that 1 percent chance isn't worth rolling the dice. Better to wait a day.feedback

Tell me the story of your life and the decisions that you made along the way and why you made them and also tell me about some of the most difficult problems you worked on and how you solved them. People that really solved the problem, they know exactly how they solved it they know the little details.feedback

But there are many people whose jobs are to drive. In fact I think it might be the single largest employer of people ... Driving in various forms. So we need to figure out new roles for what do those people do, but it will be very disruptive and very quick.feedback

Frankly, I find this attack to be morally outrageous. Tesla is the last car company left in California, because costs are so high. Tesla is the last company left in California, because costs are so high. The UAW killed NUMMI and abandoned the workers at our Fremont plant in 2010. They have no leg to stand on.feedback

Our understanding is that this guy was paid by the UAW to join Tesla and agitate for a union. He doesn't really work for us, he works for the UAW.feedback

[M]any in America don't realize how proud they should be of the legal system. Not perfect, but no where is the cause of justice better served.feedback

In tomorrow's meeting, I and others will express our objections to the recent executive order on immigration and offer suggestions for changes to the policy.feedback

Amortizing this capital cost over 20 years and adding daily operational costs gives a total of $20 USD plus operating costs per one-way ticket on the passenger Hyperloop.feedback

This may sound surprising coming from me, but I agree (that) Rex Tillerson has the potential to be an excellent Sec of State.feedback

Rex is an exceptionally competent executive, understands geopolitics and knows how to win for his team. His team is now the USA.feedback

Falcon 9 Block 5 -- the final version in the series -- is the one that has the most performance and is designed for easy reuse.feedback

Traffic is driving me nuts. Am going to build a tunnel boring machine and just start digging.feedback

It was a really surprising problem. It's never been encountered before in the history of rocketry.feedback

We do believe there should be government incentives for electric vehicles, but we believe they should be there for the good of the industry and to accelerate the advent of sustainable transport – not because Tesla needs them.feedback

The apples-to-apples comparison compared to a regular roof will be at least at, and we believe slightly below the cost of a regular roof, and the electricity is just a bonus.feedback

Yeah, I am not sure what else one would do. I think that is what would happen.feedback

I think it's important for us to try to get to a self-sustaining situation on Mars as soon as possible.feedback

I think the timing is just right, if not, I mean frankly, we may be a little late. I wouldn't say that we're early. It is really an accident of history that the companies are even separate.feedback

We are going to do hundreds – if not thousands – of deals of that size and bigger. Are we going to run them all through the independent committee?feedback

It was getting clunkier and clunkier to do these joint deals. It took us months to vet that through our independent board members of both companies, and confirm that it was an arm's-length transaction, and it was just very unwieldy.feedback

You really need product integration. You want the solar panels and the batteries to work seamlessly.feedback

If you have solar panels, batteries and electric cars, you have a complete solution to a sustainable energy future ... it's just critical that all three pieces are there.feedback

I feel a bit stronger that he is not the right guy. He doesn't seem to have the sort of character that reflects well on the United States.feedback

The whole purpose of Tesla is to accelerate the advent of sustainable energy.feedback

Sometimes the solar roof is positioned as a competitor to utilities, but we are actually going to need utility power to increase, and we are going to need local power generation. Because if you transition all energy to electric, that roughly triples the amount of electricity that is needed. So you need about a third for transport, about a third for heating and about a third for what we currently use as electricity.feedback

I want to make sure people appreciate that the solution is both local power generation and utility power generation, it is not one or the other.feedback

The key is it needs to be beautiful, affordable, and seamlessly integrated. If all those things are true, why would you go in any other direction?feedback

I think it is a bit of both, really. It would be something that would be a significant offset on the cost of ownership for a car, and a revenue generator for Tesla as well. Obviously, the majority of the economics would go to the owner of the car.feedback

Things are looking good. It's not to say there could be some darkness ahead... (but) it's overall looking quite promising.feedback

He said the first human mission to Mars would ideally be a dozen people who could help "build out and troubleshoot the propellant plant and Mars Base Alpha power system.feedback

With the latter, you can build out a huge amount of pressurized space for industrial operations and leave the glass domes for green living space.feedback

You will also be able to add your car to the Tesla shared fleet just by tapping a button on the Tesla phone app and have it generate income for you while you're at work or on vacation, significantly offsetting and at times potentially exceeding the monthly loan or lease cost.feedback

This dramatically lowers the true cost of ownership to the point where almost anyone could own a Tesla. Since most cars are only in use by their owner for 5 percent to 10 percent of the day, the fundamental economic utility of a true self-driving car is likely to be several times that of a car which is not.feedback

It will take us some time to complete the validation of the software and get regulatory approval but the important thing is that the foundation is laid" for fully autonomous driving.feedback

Tesla product unveiling on the 17th (unexpected by most), followed by Tesla/SolarCity on the 28th.feedback

We can grow plants on Mars just by compressing the atmosphere.feedback

Really the key is making this affordable to almost anyone who wants to go. (…) the very first flights will be quite expensive. But the architecture allows for a cost to get (to) less than $200,000, maybe as little as $100,000 over time depending on how much mass a person takes.feedback

I think Earth will be a good place for a long time, but the probable lifespan of human civilization will be much greater if we're a multiplanetary species.feedback

Ultimately what I'm trying to achieve here is to make Mars seem possible, make it seem as though it's something that we can do in our lifetimes.feedback

Perfect safety is really an impossible goal. It's about improving the probability of safety. There won't ever be zero fatalities, there won't ever be zero injuries.feedback

It will be a dramatic improvement in the safety of the system done entirely through software.feedback

Anything metallic or dense, the radar system we're confident will be able to detect that and initiate a braking event.feedback

It's not about going from bad to good. Things are already good. I think it's about going from good to great.feedback

We really pushed hard on questioning all of those assumptions over the past few months.feedback

It was just a very hard problem. Nobody else could solve this.feedback

Still working on the Falcon fireball investigation. Turning out to be the most difficult and complex failure we have ever had in 14 years.feedback

Important to note that this happened during a routine filling operation. Engines were not on and there was no apparent heat source.feedback

And so, why not have a solar roof that's better in many others ways as well. We don't want to show all of our cards right now, but I think people are going to be really excited about what they see.feedback

This is the most exciting factory in the world.feedback

Full autonomy is about developing advanced narrow AI, for the car to operate on. When I say narrow AI, it is not going to take over the world, but it needs to be good at driving a car. So increasingly sophisticated neural nets that can operate in reasonably sized computers in the car. That is our focus. I am very optimistic about this. It blows me away. If I am this close to it and it blow me away, it is really going to blow other people away.feedback

We were in production hell for the first six months of the year. Man, it was hell. And we managed to climb out of hell partway through June and now the production line is humming and our suppliers mostly have their shit together.feedback

The idea is that there is one sales process, one installation process, one service contact, one phone app to monitor things.feedback

Radar tunes out what looks like an overhead road sign to avoid false braking events.feedback

Things are on track to be able to meet the Model 3 cell production timing in the middle of next year.feedback

What really matters to accelerate a sustainable future is being able to scale up production volume as quickly as possible. That is why Tesla engineering has transitioned to focus heavily on designing the machine that makes the machine – turning the factory itself into a product.feedback

When used correctly, it (Autopilot) is already significantly safer than a person driving by themselves.feedback

By placing solar panels on top of the tube, the Hyperloop can generate far in excess of the energy needed to operate. This takes into account storing enough energy in battery packs to operate at night and for periods of extended cloudy weather.feedback

A lot of people don't understand what it is and how you turn it on.feedback

We don't expect SolarCity to have a negative impact on Tesla cash flow. This makes execution easier, not harder.feedback

I think it actually amplifies the opportunity for both companies.feedback

I don't think this creates additional financial risk for Tesla. The deal would not add significant debt to the Tesla balance sheet.feedback

It is intended to carry astronauts to the International Space Station. But we are going to send one to Mars in 2018.feedback

Google's done a great job at showing the potential of autonomous transport, but they're not a car company. So they'd potentially license to other companies. I wouldn't say they're a competitor.feedback

I would not recommend traveling to Mars in that. It would be a long time to spend on an SUV.feedback

We should be able to launch people in 2024, with arrival in 2025.feedback

The rocket's landing speed was close to the design maximum, thus the back and forth motion.feedback

The reason is that even if 99 percent of the internally produced items and supplier items are available on July 1, we still cannot produce the car because you cannot produce a car that is missing 1 percent of its components.feedback

Now, will we actually be able to achieve volume production on July 1 next year? Of course not.feedback

The key thing we need to achieve in the future is to also be the leader in manufacturing. It's the thing we obviously have to solve if we are going to scale and scale profitably.feedback

With an internal volume about the size of a sports utility vehicle, the Dragon spacecraft would be uncomfortable for people making the long journey to Mars.feedback

I very much agree with solving the high-density urban transport problem. There's a new type of car or vehicle that would be great for that and that'll actually take people to their final destination and not just the bus stop.feedback

The rocket landed instead of putting a hole in the ship or tipping over. We're real excited about that.feedback

As you guys know, it's incredibly important that we move to a sustainable world sooner rather than later. The sooner we do it, the better it is.feedback

Long term we really want to get to the point of where there are thousands of space flights a year and ultimately where we have a base on the Moon and a base on Mars and become a multi-planet species in a true space civilization, that where things need to go in the long term.feedback

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