Elon Musk spoke about his numerous other companies, including Tesla, SpaceX, and the social media business he’s looking to buy, in an extensive 80-minute interview Tuesday that covered the demand for EVs, the need for raw materials, and issues. Hydrogen and the most promising EV startups.
Much of what Musk had to say at the Financial Times’ Future of the Car conference in London was previously shared, but it’s worth noting that Tesla could stop customer orders for its vehicles, including the There were a few items that stood out.
Tesla may stop ordering
For Tesla, the problem isn’t demand, it’s supply. “Currently, demand is outstripping production,” Musk said. “We actually probably [or] Do not accept orders after a certain period of time.”
Musk still aims to produce 20 million cars per year by 2030, as it accounts for 1% of global vehicles.
“But that’s not a promise,” he pointed out. “Ambition. I think we have a great opportunity to get there.”
That’s an “almost equally difficult” figure to reach 20 million compared to the 930,000 vehicles Tesla produced last year.
Musk respects Volkswagen
When asked about the most impressive EV startups operating today, Musk named Volkswagen a day after Volkswagen CEO Herbert Dies said at the same stage of the meeting that Tesla had proven to be more powerful than the German giant had expected.
Musk said, “I think the company that is developing the most besides Tesla is actually Volkswagen. It is not a startup, but in a way it can be seen as a startup from the perspective of electric vehicles.”
He also said several strong companies are emerging from China, which accounts for more than a quarter of Tesla’s global sales and where Tesla plans to expand its Shanghai Gigafactory.
“There are a lot of very talented and hard-working people in China who have a strong belief in manufacturing. They won’t just burn midnight oil, they’ll burn 3 a.m. oil. They don’t leave factories or anything like that, while in America they try to avoid people going to work altogether.”
Tesla will remain open source
Musk has reiterated his invitation to automakers all the time to use Tesla’s patents to build the Autopilot system.
“We only get patents to prevent others from creating a minefield of patents that hampers the advancement of electric vehicles,” he said. “But we will not prosecute anyone who uses our patents. So let’s say you can use Tesla patents for free. I hope it will help others.”
But Tesla will need a year before automakers can consider it, Musk said.
“Traditional automakers will solve electrification. Building an electric vehicle at this point is not fundamentally difficult. What I think they might be interested in a license is Tesla Autopilot fully autonomous driving and I think it will save a lot of lives.”
Buying a mining plant is not a problem.
As electric vehicle manufacturers face shortages of raw materials to make lithium-ion batteries, Tesla has signed long-term contracts with mining companies around the world to secure supplies. But automakers are not more than more involved in the business that moves the planet.
“I’m not looking to buy a mining company, but if that’s the only way to accelerate the transition, I will,” Musk said. “There is no arbitrary limit to what is needed for acceleration. We will do whatever it takes to accelerate sustainable energy, do mining and refining or take over mining companies as long as we think we can.”
But the scooter is not a problem.
When asked if Tesla plans to make a smaller and cheaper car than the Model 3, such as a scooter, Musk was against micro-mobility devices.
“Scooters are very dangerous,” he said. “I would not recommend driving a scooter to anyone. If there is an argument between the scooter and the car, you lose.”