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Thank you so much. It's really, I was going to say doubling down on autonomy, but really it's like autonomy is like 10X thing. Frankly, doubling is not even enough. We made many critical investments in 2024 in manufacturing, AI and robotics that will bear immense fruit in the future. Immense. Like it's in fact to such a scale that it is difficult to comprehend. And I've said this before and I'll stand by it.
I see a path. I'm not saying it's an easy path, but I see a path for Tesla being the most valuable company in the world by far, not even close. Like maybe several times more than I mean, there is a path where Tesla is worth more than the next top five companies combined. There's a path to that. I mean, I think it's like an incredibly, it's like a difficult path, but it is an achievable path. So and that is overwhelmingly due to autonomous vehicles and
autonomous humanoid robots. So our focus is, is actually building towards that. And then that that's what we're laying the ground. We will lay the groundwork for that in 2024. We'll continue to lay the groundwork for that in 2025. In fact, more than lay the groundwork actually be building the structure be we're building the manufacturing lines. And like you know, I'd like setting up for what I think will be an epic 2026 and a ridiculous 27 and 28 ridiculously good. That is my prediction.
You know, we as you had very few, very few people understand the value of full self driving and our ability to monetize the fleet. You know, I've some of these things I've said for quite a long time and I don't know, people have said, well, you know, he wants the boy. You're cried wolf like several times, but I'm telling you there's a damn wolf at this time and you can drive it. In fact, it can drive you. It's a self driving wolf.
You know, for a lot of people that they're like their experience of Tesla autonomy is like if it's even a year old, if it's even 2 years old, that it's like me. It's like meeting someone when they're like a toddler and thinking that they're going to be a toddler forever, but obviously not going to be a toddler forever if they grow up. But if their last experience was like, oh, FSD was a toddler, it's like, well, it's grown up now. Have you seen it? It's like walks and talks, and
that's really what we've got. And it's difficult to for people to understand this because human intuition is linear as opposed to what we're seeing is exponential progress. So that's why my number one recommendation for anyone who doubts is simply try it. Have you tried it? When's the last time you tried it? And the only people who are skeptical, the only people who are skeptical are those who have not tried it.
So you know, a car goes, a passenger car typically has only about 10 hours of utility per week out of 168, a very small percentage. Once that car is autonomous, my rough estimate is that it is it is in use for at least a third of the hours a week. So call it 5035 hours of the week and it can be used for both cargo delivery and people
delivery. So even let's say people are asleep, but you can deliver packages in the middle of the night or resupply restaurants or whatever the case may be, whatever people need at all hours of the day or night. That same asset, the thing that that is these things that already exist with no incremental cost change, just a software update, now have five times or more of the utility
that they currently have. I, I am, I, I think this will be the, the largest asset value increase in human history. Maybe there's something bigger, but I'm, I just don't know what it is. And so people who look in the rearview mirror are looking for past precedent, except I don't think there is one. So you know that there's there, but let the reality of autonomy is upon us. And I repeat my advice, try driving the car or let it drive
you. So now it works very well in the US, but of course, it will over time work just as well everywhere else. Yeah. So we're working hard to grow our annual volumes, our constraint this year, our current constraint is battery packs this year, but we're working on addressing best constraint and I think we will make progress in addressing that constraint. And then things are really going to go ballistic next year and really ballistic in 27 and 28.
So, yeah, so a bit more on full self driving. Our Q4 vehicle safety report shows continued year over year improvement in safety for vehicles so that the safety numbers, if somebody has supervised full self driving turned on or not, the safety differences are gigantic. So and people have seen the immense improvement with version 13 and with incremental versions in version 13. And then version 14 is going to be yet another step beyond that.
That is very significant. We launched the Cortex training cluster at Gigafactory Austin, which was a significant contributor to FSD advancement. And we continue to invest in training infrastructure out of Texas headquarters. So the training needs for optimists or optimists humanoid robot are probably at least ultimately 10X what what's needed for the car at least to get to the full range of of useful roles. I'm saying how many different roles are there for a humanoid robot versus a car?
Humanoid robot is has probably what, 1000 times more uses and more complex things than in a car. That doesn't mean that the training scales by 1000, but it's probably, you know, 10X now you can do this progressively. So it doesn't mean like hotels are going to spend like $500 billion in training compute because we would obviously train the optimist to do enough tasks to match the output of optimist robots. But, and obviously the cost of training is dropping dramatically with time.
So, but it is, it is like it is one of those things where I think long term optimist will be optimist has the potential to be north of $10 trillion in revenue. Like it's really bananas. So then you can obviously afford a lot of training compute in that situation. In fact, even $500 billion training computing that situation would be quite a good deal. Yeah, the future is going to be incredibly different from the
past, that's for sure. We live at this unbelievable infection point in human history. So yeah, so in the proof, the proof is in the pudding. So we're going to be launching unsupervised Full Self driving as a paid service in Austin in June. So if I've talked with the team, we feel confident in being able to do an initial launch of unsupervised no one in the car Full Self driving in Austin in June.
We already have Tesla's operating autonomously unsupervised Full Self driving at our factory in Fremont and will soon be prepared during that factory in Texas. So thousands of cars every day are driving with no one in them at our Fremont factory in California. They will soon be doing that in Austin and then elsewhere in the world at the rest of our factories, which is pretty cool.
And the cars aren't just driving to exactly the same spot because obviously it all when it collide at the same spot, the cars are actually programmed with. With where with what lane they need to park into to be picked up for delivery. So they, they, they drive from the factory end of line to their, to their destination parking spot and and the and the to be picked up for delivery to customers. And then doing this reliably every day, thousands of times a day. That's pretty cool.
Like I said, these Teslas will be in the wild. There's no one in them in June in Austin. Hey, thank you so much for listening today. I really do appreciate your support. If you could take a second and hit the subscribe or the follow button on whatever podcast platform that you're listening on right now, I greatly appreciate it. It helps out the show tremendously and you'll never miss an episode. And each episode is about 10 minutes or less to get you caught up quickly.
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