Part 7/13:
The company’s cost of goods sold per vehicle fell sequentially to its lowest level ever, defying expectations. This was achieved through massive economies of scale and manufacturing innovations. Elon Musk highlighted Tesla’s superior cost management, asserting that Tesla is winning across all fronts.
Autonomous Driving and Future Potential
Tesla’s self-driving progress is a central theme. The disengagement rate (a measure of safety and AI performance) shows stunning improvement, and Tesla expects full FSD safety—safer than human drivers—by Q2 2025. Elon Musk emphasized that Tesla employees in San Francisco are already testing ride-hailing features, signifying that autonomous ride-sharing may launch sooner than many anticipated.