As always, I shall endeavor to do my best and transcribe this meeting and the questions (no matter how idiotic). Feel free to help where I have mis-heard or misunderstood.
P.S. Moved to the General Forum now.
Here's the full transcript. I'll review and update anything I (or the press) missed.
*"It seems like probably over time, we would want at least 1 store for every 0.5 million people. So that’s 660 stores right there. In China, there will be thousands of stores. Throughout the world, there will be several thousands of stores."
* "And this year, we will double the number of Tesla superchargers in the world. So double year-over-year. And I think next year, probably be at least 50% increase, may be double again next year. This gives you just a sense for how many Superchargers there are in the world. It’s worth noting. This is actually the only high-speed charging network in the world. THERE ISN'T EVEN ANOTHER ONE. I asked our head of our Supercharger program, okay, well, what’s the second best high-speed charger that work in the world? You said, well, there’s this one place in the Netherlands but I think it’s only like 60 or 70 kilowatts. But there is only one of it. Okay, well, like, and off – and it usually doesn’t work." [Emphasis added]
* "Keep growing it as fast as we can to make sure people can go wherever they want, whenever they want, with convenience, keep upgrading the capability of the Supercharger systems that can charge things faster. We are going to start adding amenities to the Supercharger station so the really big stations, we will start adding amenities. And just make it so that you, when you do a long-distance trip with Tesla, you love the experience. That’s the overarching goal."
* "So Hardware 2 cars have all the hardware necessary for full autonomy. So 8 cameras, 12 of the most advanced ultrasonic sonar sensors, a radar, a very good GPS, an IMU and everything that is ready to go full autonomy. Our goal remains being able to drive autonomously from a parking lot in California to a parking lot in New York without touching a control at any point along the way."
* "We believe it will be within a few years, have a capacity equal to all other lithium-ion battery factories in the world combined in one building. So we have got everything in the U.S., China, Europe, and everywhere else. This one factory will output more than all of them combined. There is just no one else who is attempting anything as far as we know, even attempting anything on this scale and so I think that puts us in a very strong competitive position to sustain the growth of the company for several years to come and then over time there will be several Gigafactories, I think eventually, 10, 10 or 12, maybe 20."
* "A lot of people don’t think you can do a heavy-duty long-range truck that’s electric. But we are confident that this can be done. So we will be showing off a working prototype at not too long from now, in September. So it’s going to really just be questions of scaling of volume to make as many as we can. I am guessing that we will probably reach scale production on the semi in about 2 years, maybe 18 months, but probably about 2 years. I just like really recommend showing up for the semi-truck unveiling. Maybe there is a little more than for staying here, maybe, could be, who knows."
* "I am confident that we could drop the CapEx by a factor of two between Model 3 and Model Y, which I think is a really big deal and accelerates its readiness despite the new technologies. So we are aiming for that to hit the roads in 2019 approximately. And probably the demand for Model Y will exceed the demand for Model 3."
* "In terms of how many factories are in the works, we are really giving serious consideration to three factory locations right now. But we are going to try to hold our powder, trying to keep the powder dry until we are confident of the locations and the timing. But like I said, ultimately probably there is at least 10 of these worldwide and maybe as much as 20."
* "But the Boring company is maybe 2% of my time, Neuralink is 3% to 5% of my time, OpenAI is going to be a couple of percent and then 90% plus is divided between SpaceX and Tesla."
* "So most millennials living in apartments rather than homes, what can we do to make it easier to own and charge a Tesla without a garage, so we are establishing supercharging locations a lot more in city, supercharging locations and there will be a little lower power. But in between a high-power supercharger which is optimized for long distance trips, but more powered than would typically be found in a home garage, so wherever the car is being parked, whether it’s the apartment or work or somewhere in between, we are going to make sure that there is a place to charge your car, even if you live in an apartment. So it’s important to have a system that load levels the power. So that they don’t have to build a new substation just to supply the apartment building. And so that’s one of the things that’s prices are being implemented, but no question, WE NEED TO SOLVE THIS PROBLEM FOR APARTMENTS, NOT JUST HOMES." [Emphasis added]
* "It’s not inconceivable I would do an electric plane. But I do think that we are not quite there in terms of the energy density of batteries for an electric plane. I think the kind of minimum that you would want is about 400 watt hours per kilogram and even that would require some pretty substantial innovation in the airframe and the way that you are building the plane in order to have these arranged with at 400 watt hours per kilogram. At 500 watt hours per kilogram it starts to be quite compelling. But I don’t know I think we are maybe 4 years or 5 years away from having 500 watt hours per kilogram, something like that."