1 00:00:01,960 --> 00:00:05,320 Hey everybody, welcome. Back to the Elon Musk podcast. 2 00:00:05,400 --> 00:00:07,880 This is a show where we discuss. The Critical. 3 00:00:07,880 --> 00:00:12,800 Crossroads, the Shape, SpaceX, Tesla X, The Boring Company and 4 00:00:12,800 --> 00:00:15,600 Neurolink. I'm your host, Will Walden. 5 00:00:17,080 --> 00:00:20,440 Tesla dropped a six second teaser clip over the weekend and 6 00:00:20,440 --> 00:00:24,920 the Internet went wild. The footage uploaded to the 7 00:00:24,920 --> 00:00:27,960 website and all their social channels, including X, showed 8 00:00:28,120 --> 00:00:32,680 only a glimpse of an EV silhouette whipping past the 9 00:00:32,680 --> 00:00:34,760 screen. But that was enough to stir 10 00:00:34,760 --> 00:00:38,400 speculation around what Tesla plans to reveal on Tuesday. 11 00:00:39,000 --> 00:00:41,840 This finally the long promise Roadster? 12 00:00:42,320 --> 00:00:48,200 Or is Tesla preparing to unveil a lower cost mass market EV? 13 00:00:50,080 --> 00:00:53,240 What is happening here? The teaser showed a wide stance, 14 00:00:53,520 --> 00:00:57,680 sweeping headlights and a low slung shape that recalled the 15 00:00:57,680 --> 00:01:00,680 original 2017 Roadster prototype. 16 00:01:01,480 --> 00:01:05,000 That prototype, which was launched into space on a Falcon 17 00:01:05,000 --> 00:01:08,840 Heavy, hasn't been updated in the public since. 18 00:01:08,840 --> 00:01:10,360 Nobody knows what's going on with it really. 19 00:01:10,360 --> 00:01:13,400 We just know that it's possibly coming, coming sometime down the 20 00:01:13,400 --> 00:01:17,960 line. M KB HD cancelled one of his. 21 00:01:18,480 --> 00:01:19,960 So didn't know when it's going to happen. 22 00:01:19,960 --> 00:01:22,800 So he's just like, you know, I don't need to save that. 23 00:01:23,320 --> 00:01:27,280 A Tesla originally claimed it would enter production in 2020, 24 00:01:27,880 --> 00:01:31,160 then push it back 2022, and then later said it could arrive in 25 00:01:31,160 --> 00:01:34,240 2023 and 2024. So we have no idea. 26 00:01:34,680 --> 00:01:38,440 And at last year's shareholder meeting, Elon suggested a 2024 27 00:01:38,440 --> 00:01:41,840 production target once again, adding that engineering had 28 00:01:41,840 --> 00:01:45,400 finally been completed. But since then, Tesla has been 29 00:01:45,400 --> 00:01:47,880 silent. Elon has been silent. 30 00:01:48,600 --> 00:01:51,560 Now, Elon has repeatedly claimed the new Roadster will be the 31 00:01:51,560 --> 00:01:55,360 fastest production car in the world ever, boasting a sub two 32 00:01:55,360 --> 00:02:00,040 second zero to 60 time at a top speed over 250 mph. 33 00:02:00,560 --> 00:02:04,800 He also teased something very interesting, an optional SpaceX 34 00:02:04,800 --> 00:02:09,039 rocket booster thruster in a range of 620 miles. 35 00:02:09,960 --> 00:02:15,560 That would be insane. 620 miles is wild, but even among Tesla 36 00:02:15,560 --> 00:02:20,840 fans, you know, we don't really believe him sometimes. 620 miles 37 00:02:20,840 --> 00:02:24,120 sounds like a wild thing, and for a Roadster that can go zero 38 00:02:24,120 --> 00:02:28,680 to 60 in under 2 seconds, you go 250 mph. 39 00:02:29,520 --> 00:02:31,240 How do they combine all those things? 40 00:02:31,920 --> 00:02:38,080 That's a huge amount of range for EV, and if Tesla's Tuesday 41 00:02:38,080 --> 00:02:42,040 teaser points to the Roadster, Tesla will need to show more 42 00:02:42,040 --> 00:02:44,720 than a few flashy specs to rebuild confidence in the 43 00:02:44,720 --> 00:02:45,840 project. It's going to be really 44 00:02:45,840 --> 00:02:50,960 expensive and if you haven't already reserved one, now might 45 00:02:50,960 --> 00:02:55,920 be the time, you know? Another possible possible reveal 46 00:02:55,920 --> 00:02:59,080 was the Model 2, which is an affordable EV that tests the 47 00:02:59,080 --> 00:03:02,840 first hinted at in his battery Day presentation in 2020. 48 00:03:03,680 --> 00:03:09,280 That car, which some call the $25,000 Tesla, there's no like 49 00:03:09,280 --> 00:03:11,680 nobody knows what the price is actually going to be. 50 00:03:12,720 --> 00:03:15,440 It's been promised as a breakthrough product that would 51 00:03:15,440 --> 00:03:18,920 dramatically expand the company's market reach and 52 00:03:18,920 --> 00:03:22,160 internally, Tesla has referred to this car as part of its next 53 00:03:22,160 --> 00:03:26,280 generation platform, designed to cut production costs by 50% 54 00:03:26,680 --> 00:03:30,720 through a redesigned chassis and fully automated assembly lines. 55 00:03:31,760 --> 00:03:35,000 Nobody's seen that yet. Nothing's been reported about 56 00:03:35,000 --> 00:03:37,520 that yet, so it's possible, but we don't know. 57 00:03:37,920 --> 00:03:40,760 Tesla confirmed earlier this year that it moved next Gen. 58 00:03:40,760 --> 00:03:43,520 vehicle development of Texas and started building out production 59 00:03:43,520 --> 00:03:48,040 capabilities near Gigafactory. It's around Austin. 60 00:03:48,240 --> 00:03:50,760 Musk has said this platform could eventually support 61 00:03:50,760 --> 00:03:54,160 multiple vehicle types, including a compact car and also 62 00:03:54,160 --> 00:03:56,760 robo taxi. The company scrap plans for a 63 00:03:56,760 --> 00:03:59,400 dedicated robo taxi in favor of merging it into this new 64 00:03:59,400 --> 00:04:03,720 platform, which aims to simplify design, reduce parts and speed 65 00:04:03,720 --> 00:04:08,240 up manufacturing. Now the Reuters have reported 66 00:04:08,240 --> 00:04:12,560 earlier this year and they pointed out early 2025 is the 67 00:04:12,560 --> 00:04:16,040 initial production window for Tesla's next Gen. vehicle, which 68 00:04:16,040 --> 00:04:20,000 matches recent hiring pushes and facility upgrades in Austin. 69 00:04:20,519 --> 00:04:24,920 If Tuesday's event introduces a lower cost EV, Tesla could 70 00:04:24,920 --> 00:04:29,560 preempt competition from BYD and other Chinese manufacturers that 71 00:04:29,560 --> 00:04:34,040 have already launched sub 30,000 EVs in global markets. 72 00:04:35,600 --> 00:04:37,720 There's huge economic pressure right now. 73 00:04:38,720 --> 00:04:42,560 Tesla reported shrinking margins early this year, driven by price 74 00:04:42,560 --> 00:04:45,840 cuts and increased competition. Investors have been pressing for 75 00:04:45,840 --> 00:04:48,480 volume growth without sacrificing profitability. 76 00:04:49,040 --> 00:04:52,560 A mass market model could answer that demand if Tesla could hit 77 00:04:52,560 --> 00:04:56,200 the promise price point while protecting margins through lower 78 00:04:56,200 --> 00:05:02,520 costs. And right now you can get a used 79 00:05:02,520 --> 00:05:08,720 Tesla for around 20 ish some places but it's an older model. 80 00:05:09,280 --> 00:05:14,160 So when do you want a better newer model that has all the new 81 00:05:14,160 --> 00:05:17,720 bells and whistles? But for 25 extra $5000? 82 00:05:17,720 --> 00:05:22,080 Yes. But you can also just get the 83 00:05:22,080 --> 00:05:24,800 new stuff. You'd also save up a little bit 84 00:05:24,800 --> 00:05:29,520 longer and get a, you know, a Model 3 or Model Y or something. 85 00:05:29,920 --> 00:05:32,160 It's up to you. It depends on how much money you 86 00:05:32,160 --> 00:05:34,880 have and what you're willing to sacrifice to get one of these 87 00:05:34,880 --> 00:05:37,640 things. But a $25,000 model or sub 88 00:05:37,640 --> 00:05:42,520 $25,000 model would be incredible for Tesla. 89 00:05:42,880 --> 00:05:46,680 Everybody would want one. Like why would you buy a Honda 90 00:05:47,440 --> 00:05:50,240 if you could have a Tesla? Some people love Honda's. 91 00:05:50,240 --> 00:05:52,800 Don't get me wrong, I'm a Honda believer. 92 00:05:52,800 --> 00:05:54,600 I'd love them. I love Subarus too. 93 00:05:55,120 --> 00:05:56,800 I like Tesla's, I think they're great. 94 00:05:57,360 --> 00:06:00,280 But I don't have enough money right now to buy a Tesla. 95 00:06:00,600 --> 00:06:04,160 Does anybody want to give me money to buy a Tesla? 96 00:06:04,560 --> 00:06:06,760 I didn't think so. So I'm not going to buy a Tesla 97 00:06:06,760 --> 00:06:09,080 right now. I think it would be great if 98 00:06:09,080 --> 00:06:13,680 they had a $25,000 Tesla and it was a good car. 99 00:06:14,160 --> 00:06:15,480 It's going to be great, I'm sure. 100 00:06:15,800 --> 00:06:20,440 So the next time I look into vehicles, of course I would look 101 00:06:20,440 --> 00:06:22,800 into a Tesla. It's $25,000. 102 00:06:23,000 --> 00:06:27,000 That's pretty decent price for a vehicle. 103 00:06:27,680 --> 00:06:31,600 I'm looking at $40,000 cars, 50,000 dollars, $60,000 cars and 104 00:06:31,600 --> 00:06:33,120 I'm like man, that would be great to have. 105 00:06:33,560 --> 00:06:35,760 But I don't have $60,000 to spend on a car. 106 00:06:35,760 --> 00:06:40,480 It's a huge investment. If I could buy a $25,000 car and 107 00:06:40,480 --> 00:06:43,840 then invest the rest of the money into my retirement, that 108 00:06:43,840 --> 00:06:46,680 would be great. Or into my kid when he goes to 109 00:06:46,840 --> 00:06:49,240 school, you know, when he goes off to college, when he's 18 and 110 00:06:49,240 --> 00:06:51,400 he wants to start his own business, I'll have money set 111 00:06:51,400 --> 00:06:54,040 aside for him. Instead of buying a $60,000 car, 112 00:06:54,040 --> 00:06:57,960 about the $25,000 car, put the other money into his account. 113 00:06:58,840 --> 00:07:00,280 I mean, people think like that, right? 114 00:07:00,480 --> 00:07:02,760 You want to buy a house, but you also need a car. 115 00:07:03,080 --> 00:07:04,720 You're not going to buy the $60,000 car. 116 00:07:04,720 --> 00:07:07,440 You're going to save that money and buy that house and buy the 117 00:07:07,440 --> 00:07:10,320 $25,000 car. This is how it works. 118 00:07:10,320 --> 00:07:13,880 If you don't have the money for both things, there's also timing 119 00:07:14,680 --> 00:07:17,600 for the teaser. Tesla rarely promotes an event 120 00:07:17,600 --> 00:07:21,360 without a clear message. If this teaser happened, it's 121 00:07:21,360 --> 00:07:23,400 like literally days before the event. 122 00:07:24,760 --> 00:07:28,440 They know what's up, they have confidence in what's coming. 123 00:07:30,240 --> 00:07:33,520 That was sort of like the cyber trucks original reveal where 124 00:07:33,520 --> 00:07:37,320 Tesla dropped vague clips to fuel speculation before a full 125 00:07:37,320 --> 00:07:40,920 unveiling. Stock price went wild during 126 00:07:40,920 --> 00:07:44,440 those things, then after the reveal went even Wilder. 127 00:07:44,880 --> 00:07:49,080 If Tesla reveals a new Roadster, there's going to be questions 128 00:07:49,080 --> 00:07:51,680 about priority. When will this thing actual 129 00:07:51,680 --> 00:07:53,760 launch? Launching a high end performance 130 00:07:53,760 --> 00:07:57,120 car during a period of sliding demand and rising EV inventories 131 00:07:57,800 --> 00:07:59,520 seems kind of misaligned right now. 132 00:08:00,280 --> 00:08:05,040 Market conditions are down, the economy's weird, But a reveal of 133 00:08:05,040 --> 00:08:08,160 the mass market EV would show Tesla finally shifting toward 134 00:08:08,160 --> 00:08:12,120 accessible models that could drive global growth. 135 00:08:12,160 --> 00:08:14,880 And of course, they are a publicly traded company. 136 00:08:15,120 --> 00:08:17,400 They have to think about growth before anything. 137 00:08:18,200 --> 00:08:20,160 Get those shareholders their money back. 138 00:08:20,160 --> 00:08:23,320 Let's make some money. Some fans have suggested both 139 00:08:23,320 --> 00:08:26,040 cars could appear on Tuesday. What if there's a Roadster and a 140 00:08:26,040 --> 00:08:29,760 sub $25,000 car, the Model 2? That would be insane. 141 00:08:29,760 --> 00:08:36,240 It would be unusual. They usually do one launch and 142 00:08:36,520 --> 00:08:38,640 that's enough people go wild for that. 143 00:08:38,960 --> 00:08:43,080 But think about if they do a roadster and the new next Gen. 144 00:08:43,240 --> 00:08:49,760 compact model same day. I'm not a financial advisor in 145 00:08:49,760 --> 00:08:53,920 any way, but if you think this is going to happen, right now 146 00:08:53,920 --> 00:08:58,000 might be a really great time to buy some Tesla stock because 147 00:08:58,160 --> 00:09:01,800 you're going to make a real quick buck off both of these 148 00:09:01,800 --> 00:09:03,200 things. If they happen in the same day, 149 00:09:03,760 --> 00:09:08,320 stocks going to go wild. Tesla's also used product 150 00:09:08,320 --> 00:09:11,040 unveilings to manage investor expectations and shift the 151 00:09:11,040 --> 00:09:16,080 narrative around its stock. 2024 has been sluggish. 152 00:09:17,080 --> 00:09:19,520 They need a catalyst to keep it growing and keep it going. 153 00:09:20,040 --> 00:09:22,960 A new lower cost vehicle platform with confirmed 154 00:09:22,960 --> 00:09:28,200 production plans could reset the story heading into 2026. 155 00:09:28,240 --> 00:09:32,720 Going forward, 2025 was an OK year for Tesla, but they want to 156 00:09:32,720 --> 00:09:34,760 keep growing as fast as possible. 157 00:09:34,760 --> 00:09:39,880 And of course, they're doing AI and robotics now rather than 158 00:09:39,880 --> 00:09:43,480 just vehicles. So they have those other arms of 159 00:09:43,480 --> 00:09:47,320 the business that they're working on and those pump the 160 00:09:47,320 --> 00:09:49,480 stock up a little bit, make people some money. 161 00:09:50,960 --> 00:09:54,080 If they reveal 2 vehicles in the same day, who baby, it's going 162 00:09:54,080 --> 00:09:58,120 to go crazy. We don't know what's going to 163 00:09:58,120 --> 00:10:00,760 happen. We're going to see what Tesla 164 00:10:00,760 --> 00:10:03,320 plans to prioritize over the next two years. 165 00:10:04,040 --> 00:10:08,560 Whether it's going to be performance or like a production 166 00:10:08,560 --> 00:10:15,280 revolution with these sub $25,000 cars, we don't know. 167 00:10:15,880 --> 00:10:19,200 I wish I knew. There's speculation going around 168 00:10:19,200 --> 00:10:24,000 that it's both. And if it's both, good luck 169 00:10:24,280 --> 00:10:25,920 because which one are you going to choose? 170 00:10:25,960 --> 00:10:30,280 That's going to be crazy. All right, I want to say thanks 171 00:10:30,280 --> 00:10:32,320 to everybody who's been listening to the show for a 172 00:10:32,320 --> 00:10:34,440 really long time. This is just a little side note, 173 00:10:34,960 --> 00:10:37,400 but let me know in the comments what you think about these cars 174 00:10:37,840 --> 00:10:41,240 because they're going to be both are going to be amazing in their 175 00:10:41,240 --> 00:10:43,480 own ways. But I want to say thanks to 176 00:10:43,480 --> 00:10:45,480 everybody who's been listening for a long time. 177 00:10:45,680 --> 00:10:49,160 I really do appreciate you and I'm back on track. 178 00:10:49,160 --> 00:10:52,480 I've been sick for the last couple weeks and I've been 179 00:10:52,480 --> 00:10:54,320 posting older clips, things like that. 180 00:10:54,320 --> 00:10:58,880 I got a comment from somebody that said, you know, hey, I 181 00:10:58,880 --> 00:11:03,960 don't mind the older clips, but you got to tag them as like 182 00:11:03,960 --> 00:11:07,360 older clips, you know? And I was like, yeah, I got, I 183 00:11:07,360 --> 00:11:11,480 tagged it as 2024 or something with that older clip that you're 184 00:11:11,600 --> 00:11:14,240 that they were commenting on. And we had a little discussion 185 00:11:14,240 --> 00:11:16,000 in the comments. And that's why I love you guys 186 00:11:16,000 --> 00:11:18,960 to comment because I'd like to talk about things like this. 187 00:11:19,280 --> 00:11:21,840 We're community here. We're, we're not just me talking 188 00:11:21,840 --> 00:11:24,240 about these things. I want to hear what you have to 189 00:11:24,240 --> 00:11:26,040 say. I think that's important. 190 00:11:26,760 --> 00:11:28,960 That right there. I want you to be part of this. 191 00:11:29,120 --> 00:11:31,240 You're part of this community. Everybody that downloads the 192 00:11:31,240 --> 00:11:34,120 show. It's not just me, you know, I 193 00:11:34,120 --> 00:11:39,320 want you to be part of this too. So I'm not trying to sell you 194 00:11:39,320 --> 00:11:40,480 anything. Never have. 195 00:11:40,640 --> 00:11:42,360 I don't want you to buy anything. 196 00:11:42,400 --> 00:11:46,080 I, you know, I have a T-shirt shop called Starship Shirts 197 00:11:46,080 --> 00:11:49,320 where I sell SpaceX themed T-shirts. 198 00:11:49,520 --> 00:11:52,840 That's the only thing I sell. The other thing that I do is I 199 00:11:52,840 --> 00:11:55,600 put ads on the show because makes me enough money to keep 200 00:11:55,600 --> 00:11:57,840 the show going sometimes. Sometimes it doesn't. 201 00:11:58,920 --> 00:12:02,720 The bills rack up. So you know, it takes a lot of 202 00:12:02,720 --> 00:12:06,080 time to put these shows together and I've been doing it for I 203 00:12:06,080 --> 00:12:07,440 think it's around 1000 shows now. 204 00:12:07,440 --> 00:12:10,760 To be honest with you, I have no idea, but I just realized this. 205 00:12:10,760 --> 00:12:13,680 This is a little side note. I want you guys to know about 206 00:12:13,680 --> 00:12:17,720 this too. I started podcasting in 2006. 207 00:12:19,040 --> 00:12:24,640 I had a skateboard company at that time and I was like, I'm 208 00:12:24,640 --> 00:12:27,920 really tech guy, right? So I was early adopter for all 209 00:12:28,200 --> 00:12:31,680 things Real Player. If anybody remembers Real Player 210 00:12:31,680 --> 00:12:38,600 streaming media with Realplayer. I streamed some media back in 211 00:12:38,600 --> 00:12:41,920 the day. I did radio shows, online radio 212 00:12:41,920 --> 00:12:42,600 shows. Back then. 213 00:12:42,600 --> 00:12:47,600 I forgot what I called it, but my first podcast was in 2006. 214 00:12:47,600 --> 00:12:53,080 It was for my skateboard company and that company, it grew 215 00:12:53,080 --> 00:12:56,200 because I knew that people listen to my podcast, They could 216 00:12:56,200 --> 00:12:59,160 connect with the thing that we love. 217 00:12:59,160 --> 00:13:00,720 We both, we all love skateboarding. 218 00:13:00,720 --> 00:13:04,880 So they would connect and they'd leave comments because I would 219 00:13:04,880 --> 00:13:07,760 embed them on our website, on my website that I built with my 220 00:13:07,760 --> 00:13:09,440 only two hands. I coded it myself. 221 00:13:10,160 --> 00:13:13,560 It's pretty silly. Some HTML, some some PHP, maybe 222 00:13:14,920 --> 00:13:18,120 some comments somehow, I don't know, maybe I had a third party, 223 00:13:18,120 --> 00:13:22,400 I don't know to do the comments, but I was connected to the 224 00:13:22,400 --> 00:13:25,320 audience then and I think it's really important that we talk to 225 00:13:25,320 --> 00:13:27,600 each other. So if you have comments on your 226 00:13:27,600 --> 00:13:32,400 podcast platform, I know Spotify does, other podcast platforms do 227 00:13:32,400 --> 00:13:34,520 too. So if you do, please leave a 228 00:13:34,520 --> 00:13:36,520 comment. And also, you know what, I 229 00:13:36,520 --> 00:13:38,080 really need your help. This one I'm going to ask for 230 00:13:38,080 --> 00:13:42,760 you from you. If you have a second, leave a 231 00:13:42,760 --> 00:13:46,200 five star review. If you like the show, I really 232 00:13:46,200 --> 00:13:48,720 would appreciate that. That's all you need to do 5 star 233 00:13:48,720 --> 00:13:53,800 review really helps out the show a ton and I can continue growing 234 00:13:53,800 --> 00:13:55,520 the show. I want to grow the show even 235 00:13:55,520 --> 00:13:59,120 more than it already is and we have a pretty good audience 236 00:13:59,120 --> 00:14:01,440 right now, but I want to grow it to like 10 times this. 237 00:14:01,440 --> 00:14:03,640 I think that'll be great. Haven't really tried because I 238 00:14:03,640 --> 00:14:05,920 just like to do it, you know, it's been more of a hobby, but I 239 00:14:05,920 --> 00:14:07,840 would really love to focus on growth. 240 00:14:08,480 --> 00:14:09,880 So five star reviews really help. 241 00:14:10,760 --> 00:14:12,200 Any sort of interaction really helps. 242 00:14:12,280 --> 00:14:16,560 Leave a comment, any sort of good review, it's cool. 243 00:14:17,440 --> 00:14:19,360 Leave a good review and the comment in a review. 244 00:14:19,360 --> 00:14:21,760 I think helps to like 5 star review and be like I love the 245 00:14:21,760 --> 00:14:27,080 show or hey, well, you are the best guy ever or you're the best 246 00:14:27,080 --> 00:14:29,520 skateboarder ever, even though you don't skate as much anymore 247 00:14:29,520 --> 00:14:31,520 as you used to. But I love your show. 248 00:14:32,000 --> 00:14:35,320 Whatever whatever you want to say or you know, go SpaceX would 249 00:14:35,320 --> 00:14:38,880 be great too. I love SpaceX, so please help me 250 00:14:38,880 --> 00:14:40,600 out here. Five stars would be great. 251 00:14:41,640 --> 00:14:43,920 OK, that's it for today. And we're going to do the normal 252 00:14:43,920 --> 00:14:47,720 outro, which is like a if you like the show, subscribe. 253 00:14:48,320 --> 00:14:50,440 So here you go with that. Take care everybody. 254 00:14:50,440 --> 00:14:52,640 I'll see you in the next one, but listen to this too. 255 00:14:54,520 --> 00:14:56,240 Hey, thank you so much for listening today. 256 00:14:56,240 --> 00:14:58,280 I really. Do appreciate your support. 257 00:14:58,280 --> 00:15:01,080 If you could take a second and hit this subscribe or the follow 258 00:15:01,080 --> 00:15:03,280 button on whatever podcast platform that you're listening 259 00:15:03,280 --> 00:15:05,880 on, right? Now I greatly appreciate. 260 00:15:05,880 --> 00:15:08,640 It it helps out the show tremendously and you'll never 261 00:15:08,640 --> 00:15:12,080 miss an episode and each. Episode is about. 10 minutes or 262 00:15:12,080 --> 00:15:13,120 less. To get you. 263 00:15:13,120 --> 00:15:16,480 Caught up quickly and please, if you want to support the show 264 00:15:16,480 --> 00:15:21,360 even more, go to Atreoncom Stage Zero. 265 00:15:21,840 --> 00:15:24,040 And please take care of yourselves and each other, and 266 00:15:24,040 --> 00:15:24,960 I'll see you tomorrow.