00:00:00
[Applause] the greatest entrepreneur this generation Elon Musk hey guys grab my stuff sit there I'm going to yep I'm
00:00:17
going to take this all right do this thanks for taking the time how um how you doing brother
00:00:31
you keep him busy yeah I mean it's rarely a slow week I mean in the world as well yeah I
00:00:43
mean any given week I me it just seems like the things getting nuttier it it it's definitely a simulation we've
00:00:48
agreed on this at this point I mean well look if if we are in some alien Netflix series I think the
00:00:55
ratings are high yes ratings are High um how are the um uh the the freedom of speech Wars going um this is a uh you've
00:01:07
been you've been at War for two years now yes uh the price of freedom of speech is not cheap is it I think it's
00:01:14
like 44 billion something like that just numbers give her give or take a billion
00:01:20
yeah round numbers yeah yeah um it's uh it's it's pretty nutty there there is like this weird movement to uh quell's
00:01:29
Free Speech uh kind of around the world and um and this is something we should be very concerned about uh you know you
00:01:37
have to ask like why was the first amendment like a high priority was like number one um One is because uh people
00:01:46
came from countries where if you spoke freely you would be imprisoned or killed and they were like well we would like to
00:01:54
not have that here um because that was terrible and actually you know there's a lot of places in the world right now if
00:02:02
you if you're critical of the government you get imprisoned or killed right yeah
00:02:09
we'd like to not have that are you concerned to that I mean I supect this is a receptive
00:02:16
audience to that message [Applause] um you I I think we always thought that the West Was the exception to that that
00:02:29
we knew there were authoritarian places around the world but we thought that in the west we'd have freedom of speech and
00:02:34
we've seen like you said it seems like a global movement in brit you've got teenagers being put in prison for memes
00:02:42
opposing it's like you like to you like to Facebook post throw him in the prison
00:02:48
yeah people have got an actual you know prison for for like like obscure comments on social media not even [ __ ]
00:02:56
posting yet like not even yeah it's crazy P got thrown in prison recently I'm like that was pretty about I was
00:03:04
like what is the massive crime that right pav in France and then of course we got Brazil with judge
00:03:12
Voldemort that that one seems like the one that impacts you the most can you what's the latest on
00:03:21
that well we I guess we're we are trying to figure out uh is there some reasonable solution in Brazil
00:03:30
uh the you know the concern uh I mean I want to just make sure that this is framed correctly um and uh you know
00:03:39
funny memes aside I the the the nature of the concern was that least at at excorp we had the
00:03:47
perception that um we were being asked to do things that violated Brazilian law so obviously we cannot as an American
00:03:57
company impose American laws and values on on other countries um that uh you know we wouldn't get very far if we did
00:04:05
that um but but we do you know think that uh if if a country's law laws are a particular way and we're being asked to
00:04:15
what we we think we think we're being asked to break them then and and be silent about it then obviously that is
00:04:21
no good so so I just want to be clear thetime sometimes comes across as uh elon's trying to just be a crazy
00:04:31
whatever billionaire and demand outrageous things from other countries and um you know well that is
00:04:42
true um in addition there are um other things uh that that I think are you know valid
00:04:53
which is like we we we obviously can't uh you know I think any given thing that we do at excorp we've got to be able to
00:05:02
explain in the light of day and and not feel that it was dishonorable or you know we we we did the wrong thing you
00:05:10
know uh so we don't we that that that that was the that that's the nature of the concern so we actually are in uh
00:05:19
sort of discussions with uh the you know judicial authorities in in Brazil to try
00:05:26
to you know run this to ground like uh what What's actually going on like if if we're being asked to break the law
00:05:36
Brazilian law then that's that that obviously should not be should not sit well with the Brazilian Judiciary and if
00:05:43
we're not and we're mistaken we'd like to understand how we are mistaken I think that's a that's a pretty
00:05:48
reasonable uh position I'm a bit concerned as your friend that you're going to go to one of these countries
00:05:56
and I'm going to wake up one day and you're going to get arrested and like I'm going to have to to go bail you out
00:06:00
or something like this is feels very acute like yes I mean it's not a joke now like they're literally saying like
00:06:07
you know it's not just Biden saying like we have to look into that guy now it's become quite literal like this I who was
00:06:13
the guy who just wrote the um was it the guardian piece about like oh yeah yeah there have been three articles and I
00:06:21
think in the past three weeks Robert Reich but it wasn't just him it was like three different articles three different
00:06:27
articles it doesn't that's a trend that calling for me to be imprisoned right in the in the guardian you know
00:06:35
guardian of what what are they Pro exactly guardian of I don't know authoritarianism yeah guardian of uh
00:06:45
yeah yeah censorship censorship but but the premise here is that you bought this
00:06:51
thing this online Forum this communication platform and you're allowing people to use it to express
00:06:57
themselves therefore you have to be jailed I don't understand the logic here right um there's what do you think
00:07:04
they're actually afraid of at this point what's the motivation here I mean I think the if somebody's a if
00:07:12
somebody's sort of trying to push a false premise on the world then and then that that and that premise can be
00:07:18
undermined with public dialogue then they will be opposed to public Dialogue on that premise because they wish that
00:07:25
false premise to Prevail right um so that's I think you know the the issue there is uh if they don't like the truth
00:07:34
uh you know then we want to suppress it so now the you know the the sort of the what what we're trying to do with excorp
00:07:43
uh is uh I distinguish that from my son who's also called X yes uh you have you have parental
00:07:53
goals everything's just called X basically it's very difficult disambiguation the sun yeah everything
00:08:00
um so what what we're trying to do is simply adhere to the uh you know the the laws in a in a country um so so if
00:08:12
something is illegal in the United States or if it's illegal in you know Europe or Brazil or or wherever it might
00:08:19
be uh then then we will take it down or we'll suspend the account because we we're not you know there to make the
00:08:26
laws we but but if speech is not legal then then what are we doing okay now we're injecting ourselves in as as a
00:08:36
sensor and and where does it stop and who decides so and where where does that path lead I think it leads to a bad
00:08:45
place uh so if the people if in a country want the laws to be different they should make the laws different but
00:08:53
otherwise we're going to obey the law in each jurisdiction right and some of these Europe that's it it's it's not
00:09:00
more complicated there we're not we're not trying to FL out the law we going to be clear about that but we're we're
00:09:03
trying to adhere to the law and if the laws change we will change and if if the laws don't change we we won't we're just
00:09:09
literally trying to adhere to the law it's pretty pretty straightforward there are some very
00:09:14
straightforward if somebody doesn't thinks we're not adhering to the law well they can file a lawsuit Bingo also
00:09:20
very straightforward I mean there are European countries that don't want people to promote Nazi propaganda yes
00:09:25
they have some sensitivity to it well it's it is illegal and it is illegal in those countries if somebody puts that
00:09:32
up you take it down yes but they typically file something and say take this down no in some cases it is just um
00:09:39
obviously illegal like you don't need to file a lawsuit for you know if something
00:09:44
is just you know unequivocally illegal we can literally read the law this violates the law you know anyone anyone
00:09:50
can see that like you know you don't need like if if somebody is stealing you don't need let me check the law on that
00:09:57
okay oh no they're they're stealing Frisco let's talk so we had we had JD Vance here this morning he did a great
00:10:04
job um and you know one of the things is there's this image on X of like basically like you
00:10:11
Bobby uh Trump and JD are like the Avengers I guess and then there's another meme where you're in front of a
00:10:19
desk where it says d g the department of governmental efficiency yes yes I posted
00:10:25
that one tell us about I I made it using grock the gro image generator and I posted it tell us about it to my
00:10:33
profile seek for efficiency um how how do you do it well I mean I I think with great difficulty uh but
00:10:50
you know look it's been a long time since there was a serious effort to reduce the size of government and to um
00:10:58
remove absurd regulations yeah and you know the last time there was a really concered effort on that front was Reagan
00:11:05
in the early ' 80s so we're 40 years away from um a a a a serious effort to remove um you know not regulations that
00:11:14
don't serve the greater good and and reduce the size of government and I think it's just if we don't do that then
00:11:22
what's what what's happening is that we get regulations and laws accumulating every year until eventually everything's
00:11:28
illegal uh and that's why we can't get uh major infrastructure projects done in the United States like if you look at
00:11:34
the absurdity of the California highs speed rail I think they theyve spent $7 billion and have A600 put segment that
00:11:40
doesn't actually have rail in it I mean your tax dollars at work I mean yeah what are we doing that's an
00:11:46
expense of 600 feet of concrete you know um and and I mean I think it's like if you know uh I realize sometimes I'm
00:11:57
perhaps a little optimistic with schedules but uh you know I mean I wouldn't be doing the
00:12:04
things I'm doing if I was uh you know not an an optimist uh so but but but but at the current Trend you know California
00:12:15
High Street rail might finish sometime next Century maybe probably not we're just
00:12:21
we'll have teleportation by that time so yeah exactly AI do everything at that point
00:12:26
so so so so I think you really think of um you know the the United States and many countries
00:12:34
it's it's arguably worse than the EU as being like galiva tied down by a million
00:12:39
little strings and like any one given regulation is not is not that bad but you've got a million of them and um or
00:12:47
Millions actually and and and then eventually you just can't get anything done and and this is a this is a massive
00:12:54
tax on the on the consumer on the people uh it's just they don't they don't realize that there's this this massive
00:13:00
tax in the form of irrational regulations um I'm going I'll give you a recent uh example that that you know is
00:13:08
is just insane um is that uh like SpaceX was fined by the EPA $140,000 for um they claimed dumping uh
00:13:17
portable water on the ground drinking water so and we're like uh this is that star base and and we're like it's we're
00:13:24
in a TR tropical uh thunderstorm region um that stuff comes from the Sky all the
00:13:30
time and um and there was no actual harm done you know it was just water to cool the the
00:13:36
the Launchpad during uh liftoff and um there's zero harm done like and they're like they agree yes there's zero harm
00:13:42
done we're like okay so there's no harm done and um you want us to pay $140,000 fine it's like yes because you didn't
00:13:49
have a pmit okay we didn't know there was a ponent needed for zero har fresh water
00:13:56
being on the ground in a place that where fresh water full from the sky all the time got it next to the ocean next to
00:14:04
the ocean cuz there's a little bit of water there too yeah I mean sometimes it rain so much the the roads are flooded
00:14:09
so we're like you know how does this make any sense yeah and and then they're like then then they
00:14:16
were like well we're not going to process any more of your any more of your applications for launch for
00:14:20
Starship launch unless you pay this $140,000 they just ransomed us and we're like okay so we paid $140,000 but it was
00:14:27
a it's like this is no good I mean at this rate we're never going to get to Mars I mean that's
00:14:33
the that's the confounding part here yeah is we're acting against our own self-interest you know when you look at
00:14:41
we do have to make putting aside fresh water but hey you know there the rocket makes a lot of noise so I'm I'm certain
00:14:49
there's some complaints about noise once in a while but sometimes you want to have a party or you want to make
00:14:53
progress and there's a little bit of noise therefore you know we we trade off a little bit of noise for massive
00:14:59
progress or even fun so like when did we stop being able to make those tradeoffs
00:15:04
but talk about the difference between California and Texas uh where you and I now reside um Texas you were able to
00:15:12
build the gigafactory I remember when you got the plot of land and then it seemed like it was less than two years
00:15:20
when you had the party to open it yeah from start of construction um to completion uh was 14 months 14 14 months
00:15:30
is there anywhere on the planet that would go faster is like China faster than that uh China was 11 months got it
00:15:37
so Texas China 11 and 14 months California how many months and just to give you a sense of size the Tesla
00:15:46
gigafactory in China is three times the size of the Pentagon which was the biggest building in America uh no there
00:15:51
are bigger buildings but the pentagon's pretty big one yeah where it was the biggest in units in units of Pentagon
00:15:56
it's like three okay three pentagons and counting yeah got it in 14 months um the
00:16:04
just the just the regulatory approvals in California would have taken two years yeah so that's that's the issue
00:16:11
where where do you think the regulation helps like for the people that will say we need some checks and balances we
00:16:17
can't have some because for every good actor like you there'll be a bad actor so where is that line then yeah I mean I
00:16:23
have a sort of you know in in sort of doing Su sensible deregulation and um reduction in the
00:16:33
size of government the is is just like be very public about it and say like which of these rules do you if the
00:16:38
public is really excited about a rule and wants to keep it we'll just keep it and and here the thing about the rules
00:16:44
if if like if the rule is um you know turns out to be a bad we'll just put it right back okay and then you know
00:16:51
problem solved it's like it's easy to add rules but we don't actually have a process for getting rid of them that's
00:16:57
the issue there's no garbage collection rul um when we were um watching you work
00:17:05
David and I and Antonio um in that first month at Twitter which was all hands on
00:17:10
deck and you were doing zerob based budgeting you really quickly got the cost under control and then miraculously
00:17:17
everybody said this site will go down and you added 50 more features so maybe explain because this is the first time
00:17:25
yeah there like so many articles like the that this this Twitter is Dead Forever there's no way
00:17:31
it could possibly even continue at all it was almost like the Press wasting for you let's write theit here has the
00:17:37
orbituary uh they were all saying their goodbyes on Twitter remember that yeah yeah yeah they were all leaving and
00:17:42
saying their goodbyes cuz the site was going to melt down and totally fail and and uh all the journalists left yeah and
00:17:49
which is if you ever want to like hang out with a bunch of Hall monitors oh my God threads is amazing every time I go
00:17:55
over there and post they're like they they're really triggered but yeah I mean if you like being condemned repeatedly
00:18:01
then you know for reasons that make no sense then threads is the way to go yeah it's really it's it's the most miserable
00:18:08
place on Earth if Disney's the happiest this is the anti- Disney but if we were to go into government you went into the
00:18:15
Department of Education or Pi pick the department you've worked with a lot of them actually sure you can't go in there
00:18:21
in zero based budget okay we get it but if you could just pair two three four 5%
00:18:28
of those organizations what kind of impact would that have yeah I mean I think we'd need to do
00:18:35
more than that I think ideally but compounding every year 2 3% a year I mean it would be better than what's
00:18:41
happening now yeah I look I think we we um you know uh if if Trump wins and obviously I
00:18:54
suspect there are people with mixed feelings about whether that should happen but uh but if but we do have an
00:19:00
opportunity uh to do kind of a once- in a-lifetime deregulation and reduction in
00:19:05
the size of government um because because the other thing besides the regulations um America is also going
00:19:10
bankrupt extremely quickly um and and nobody seems everyone seems to be sort of whistling past the graveyard on this
00:19:17
one um but they're all they're all grabbing the silverware everyone's stuff in their pockets and the silverware
00:19:23
before this the Titanic SS like well you know the the defense department by budget is a very big budget okay it's a
00:19:31
trillion dollars a year DOD Intel it's Trill a trillion dollars um and interest payments on the national debt just
00:19:40
exceeded the defense department budget they're over a trillion dollar a year just in interest and Rising we're we're
00:19:49
adding a trillion dollars to the net to our debt which our you know kids and grandkids are going to have to pay
00:19:56
somehow um you know every every three months and then soon it's going to be every two
00:20:03
months and then every month and then the only thing we'll be able to pay his interest yeah and and if if this it's
00:20:10
just you know it's just like a person at scale that has racked up too much credit
00:20:16
card debt um and uh this this is not this is not have a a good ending so we have to reduce the spending
00:20:27
let me ask one question cuz I've brought this up a lot and the counterargument I
00:20:30
hear which I disagree with um but the counter argument I hear from a lot of politicians is if we reduce spending
00:20:37
because right now if you add up federal state and local government spending it's
00:20:41
between 40 and 50% of GDP so nearly half of our economy is supported by government spending and nearly half of
00:20:49
people in the United States are dependent directly or indirectly on government checks and either through
00:20:56
contractors uh that that the government pays or their employed by government um entity so if you go in and you take to
00:21:02
harden acts too fast you will have significant contraction job loss and recession what's The Balancing Act Elon
00:21:10
just thinking realistically because I'm 100% on board with you the steps the next set of steps however assume Trump
00:21:18
wins and you become the the chief uh doe um uh dog uh like G how how like yeah and I think the
00:21:30
challenge is how quickly can we yeah how quickly can we go in how quickly can things change and without
00:21:39
without I want that on my business card yeah without all the L without all the contraction and
00:21:45
job yeah so so I guess how do you really address it when so much of the economy and so many people's jobs and
00:21:50
livelihoods are dependent on government spending well I mean I I do think it's it's it's sort of um
00:21:59
you know it's it's false dichotomy it's not like no government spending is going
00:22:02
to happen um you really have to say like is it the right level um and just remember that that you know any any
00:22:10
given person if they are doing things in a less efficient organization versus more efficient organization their
00:22:17
contribution to the economy their net output of goods and services will reduce um I mean you've got a couple of clear
00:22:23
examples between uh East Germany and West Germany North Korea and South Korea um I mean North Korea they're starving
00:22:30
uh South Korea it's like amazing it's the future the compounding effect of productivity gains yeah yeah it's night
00:22:36
and day yeah um and so in the north North Korea you've got 100% government um and in South Korea you've got
00:22:42
probably I don't know 40% government it's not zero yeah U and yet you've got a standard of living that is probably 10
00:22:47
times higher in South Korea at least at least exactly um uh and then East and West Germany um in West Germany uh you
00:22:56
had just thinking in terms of cars I mean you had BMW Porsche Audi Mercedes um and and East Germany which is a
00:23:04
random line on a map um you you the the car only car you could get was a a trabant which is basically a lawn mower
00:23:11
with a shell on it um and it was extremely unsafe and you there's a 20-year wait so you like you know put your kid
00:23:21
on the list as soon as they're conceived um they're conceived and and even then only I think um you know quarter of
00:23:29
people maybe got got this lousy car and the same so so that's just an interesting example of like basically
00:23:36
the same people different operating system and and it's not like uh West Germany was some you know you know a
00:23:44
capitalist uh Heaven it was it's quite socialist actually so uh so when you look you know probably it was half half
00:23:54
government in West Germany and 100% government in East Germany and again gain sort of a five to like it call at
00:24:01
least a 5 to 10x standard of living difference and even qualitatively vastly better and and it's obviously you know
00:24:08
sometimes people have these amazingly in this modern era this debate as to which
00:24:11
system is better well I'll tell you which system is better um the one that doesn't need to build the world to keep
00:24:16
people in okay that's that's how you can tell okay it's a dead giveaway spoiler alert
00:24:26
dead giveaway they climbing the wall to get out you have to build a barrier to keep
00:24:32
people in that is the bad system um there wasn't West West berin that built the wall okay they were like to you know
00:24:40
anyone who wants to flee West berin go ahead um speaking of walls so it you know and and and and if you look at sort
00:24:46
of the flux of boats from Cuba there's a large number of boats from Cuba and there's a bunch of free boats that you
00:24:54
anyone can take to to to Cuba there's like hey wow an abandoned boat I could use this boat to go to Cuba where
00:25:03
they have communism awesome Yes um and and and yet nobody nobody picks up those boats and and does it amazing um so
00:25:12
given this a lot of thought yeah wait so your point is jobs will be created if we
00:25:15
cut government spending in half jobs will be created fast enough to make up for right just to count yes obviously
00:25:22
you know I'm not suggesting that that people you know um have like immediately tfed you know tossed out with with with
00:25:28
no severance and and you know can't now can't pay their mortgage they need to see some reasonable offramp uh where
00:25:34
yeah yeah um so reasonable offramp where you know they're still um you know earning they're still receiving money
00:25:41
but have like I don't know a year or two to to f to find jobs in the private sector which they will find and then
00:25:46
they will be in a different operating system um again you can see the difference East Germany was incorporated
00:25:52
into West Germany living standards in East Germany uh Rose dramatically um so in four years if you
00:25:59
could shrink the side size of the government with Trump what would be a good Target just in terms of like
00:26:05
ballpark I mean are you trying to get me assassinated before this even happens no
00:26:09
no pick AO number I mean you know there's that old phrase go postal I mean it's like they might yeah on me so we'll
00:26:16
keep the post office I I'm going to need a all the security details guys yes I mean this year a number of disg granted
00:26:24
workers for former government employees is you know quite a scary number I mean I might not
00:26:30
make it you know I was saying low low digits every year for four years would be palatable yeah and I like your idea
00:26:36
the thing is that if if it's not done uh like if you have a once once in a lifetime or once in a generation
00:26:42
opportunity and you don't take Serious action and and then you have four years to get it done and then and if it
00:26:50
doesn't get done then how serious is Trump about this like you've talked to him about it yeah yeah I think he is
00:26:56
very serious about it got it um and no I I think actually the reality is that if
00:27:01
we get rid of nonsense regulations and shift people from the government sector to the private sector we will have
00:27:08
immense Prosperity um and and I think we will have a golden age in this country and
00:27:14
it'll be fantastic can we uh can we talk about SP um you have a bunch of critical
00:27:23
Milestones coming up um yeah in fact there's an important a very exciting launch
00:27:28
um that is may be happening tonight so if if that the weather is is holding up then I'm going to leave here head to
00:27:35
Cape canaval uh for the um the the PO stor Mission which is a private Mission so funded by Derek um DED isman and he's
00:27:44
um awesome guy and and there this will be the first time uh the first private first first commercial space walk um and
00:27:52
and'll be at at the highest altitude uh since Apollo so it's the furthest from Earth that anyone's
00:28:00
gone um yeah and you what comes after that let's assume that's successful and I sure hope
00:28:09
so man um no pressure um yeah we you know Absolut you know Astron prior astral safety is man if I
00:28:24
had like all all all the wishes I could save up that would be the one to to put on so you know space is dangerous um so
00:28:34
the the yeah the next Milestone after that would be the next flight of Starship um which um you know
00:28:45
Starship is next five Starship is ready to fly we are waiting for regulatory approval you know yeah it it it it
00:28:56
really should not be possible to both a giant rocket faster than the paper can move from one desk to
00:29:04
[Applause] another that stamp was really hard approved yeah you ever see that movie
00:29:16
zootopia you ever see that movie zootopia there's like a sloth in for the approval yeah
00:29:24
accidentally tell a joke and and I was like oh no this is good here we go going to take a long time sorry sorry um but
00:29:30
yeah zootopia you know you know the funny thing is like so I went to the DMV about I don't know a year later
00:29:40
after zootopia and to get my whatever license renewal and the guy in in an exercise of incredible self- awareness
00:29:47
had the sloth from zootopia in his um in his cube in in in his Cube and he was actually Swift
00:29:55
yeah with the with the Mandate beat the sloth yeah yeah no personal agency personal agency no I mean some people
00:30:03
like think the you know the government is um more confident than it than it is I'm not saying that there aren't
00:30:10
confident people in the government they're just in an operating system that is inefficient um once you move them to
00:30:15
a more efficient operating system they their output is dramatically greater as we've seen examp you know when East
00:30:22
Germany was reintegrated to into with West Germany and and and the same people um were vastly more prosperous uh with a
00:30:30
basically half capitalist uh operating system so um but I mean for a lot of people their like the
00:30:40
maybe most direct experience with the government is the DMV um and and then the important thing to remember is the
00:30:47
the government is the DMV at scale right that's the government got the mental picture how much do you want
00:30:55
to scale it yeah yeah sorry can you go back to chat's um uh question on Star so you you
00:31:04
announced just the other day Starship going to Mars in two years and by the way huh yeah yeah yeah yeah yeah and
00:31:12
then four years for a crude uh aspirational launch in the next window and how much is the government
00:31:18
involved I'm not saying like say you watch by these not you know uh but these uh but it based on our current progress
00:31:27
where with with Starship We were able to successfully reach oval of velocity twice uh we were able to achieve soft
00:31:33
Landings of the the booster and the ship in water uh and that's despite the ship
00:31:39
having you know half its flaps cooked off um you can see the video on the X platform it's quite exciting um so you
00:31:47
know we we we think we'll be able to have to launch reliably and repeatedly and quite quickly um and the the the
00:31:57
fundamental Holy Grail breakthrough for rocketry for to what the fundamental breakthrough that is needed for life to
00:32:04
become multiplanetary is a rapidly reusable reliable rocket R for the pirate somehow um throw a
00:32:15
pirate in there um the so with Starship is the first rocket design where success is one of the possible out
00:32:28
with full reusability um so you know for any given project you have to say this is the
00:32:33
circle to write diagram um has a circle and is Success the success dot in the circle um is is success in the set of
00:32:43
possible outcomes that's uh you know sounds pretty obvious but there are often projects where that that is
00:32:50
success is not in the set of possible outcomes um and so so Starship not only is fully full
00:32:58
reusability in the set of possible outcomes it it is being proven with each launch um and and and I'm confident it
00:33:04
will succeed it's simply a matter of time and you know if if we can get some improvement in the speed of Regulation
00:33:14
we we could actually move a lot faster um uh so that would that would be very helpful and and in fact if if this if
00:33:23
not if something isn't done about um reducing regul and and sort of speeding up approvals and to be clear I'm not
00:33:31
talking about anything unsafe it's simply the processing of the safe thing can be done at a as as fast as the
00:33:39
rocket is built not slower then uh then then we could become a space buring civilization and a multiplet species
00:33:47
ultimate and be out there among the stars in the future and there's you know it's it's just very
00:33:55
like it's incredibly important that we have things that that we find inspiring that you look to the Future and say the
00:34:04
future is going to be better than the past things to look forward to and like like kids are a
00:34:11
good a good way to assess this like what a kids fired up about and if you can say
00:34:17
you know you you could you know you could be an Astron on Mars you you could maybe one day uh go beyond the solar
00:34:24
system um we could make Star Trek Starfleet Academy real um that is an exciting future that is
00:34:34
inspiring um you know just I mean you need things that move your heart right um yeah [ __ ] yeah [ __ ] yeah let's do it I
00:34:47
mean it like like life can't just be about soling one miserable problem after another there's got to be things that
00:34:53
you look forward to as well yeah uh and and do do you think you might have to move it to a different jurisdiction and
00:35:00
to move faster I've always wondered if like it's rocket technology is considered an advanced weapons
00:35:05
technology so we can't just go do it you know in another country yes in it yeah interesting and if we don't do it other
00:35:11
countries could do it I mean they're so far behind us but theoretically there's a national
00:35:18
security you know justification here if if somebody can put their thinking caps on like do we want to have this
00:35:24
technology that you're building the team's working so hard on stolen by other countries and then you know maybe
00:35:30
they don't have as much red tape I I wish people were trying to steal it um so that no no one's trying to steal it
00:35:38
it's just too this just it's too crazy basically um and that's for you yeah it's way too crazy El what do you think
00:35:48
um is going on that led to boing building the St line the way that they did they were able to get it up
00:36:00
but not complete but can't complete they can't finish can't finish and you're going to have to go up and
00:36:06
finish um um well I mean I think Boeing is a company that is you they actually do so
00:36:17
much business with the government they have sort of impedance matched to the government so they're they're like
00:36:22
basically one notch away from the government maybe two they're not far from the government from an efficiency
00:36:28
standpoint because they derive so much of the revenue from the government um and a lot of people think well SpaceX is
00:36:33
super dependent on the government and actually no most of our revenue is commercial um
00:36:39
so um and and and and there's been I think at least up until perhaps recently because they have a new
00:36:50
CEO who actually shows up in the factory yeah um and the the the CEO before that
00:36:55
I think had a degree in accounting and and never went to the factory and didn't know how airplanes
00:37:00
flew um so I think if you are in charge of a company that makes airplanes fly and a spacecraft go to Orit you need to
00:37:12
know it can't be a total mystery as to how they work yeah so you know I'm like sure if somebody's
00:37:23
like running cocoa Pepsi and and they're like great at marketing or whatever uh that's that's fine because you know it's
00:37:31
it's not a sort of Technology dependent business um you know or if they're running a you know financial consulting
00:37:38
and their degrees in accounting that makes sense um but I think uh you know if you if you're the Cavalry Captain you
00:37:45
should know how to ride a horse pretty basic yeah yeah great it's like it's disconcerting
00:37:52
if the Cavalry Captain just falls off the horse you know he's scar team I'm sorry I'm scared of hces gets
00:38:00
on backwards I'm like oops um sh shifting gears to AI uh Peter was here earlier and he was talking
00:38:08
about how so far the only company to really make money off AI is NVIDIA with the chips um do you have a sense yet of
00:38:15
where you think the big applications will be from AI is it going to be an enabling self-driving is it going to be
00:38:21
enabling robots is it transforming Industries I mean it's still I think early in terms of where the big business
00:38:29
impact is going to be do you have a sense yet I I mean I think I think they that
00:38:45
they the spending on AI probably runs ahead of I mean does run ahead of the revenue right now that's there's no
00:38:52
question about that um but the rate of improvement of AI is faster than any technology I've ever seen by far
00:39:01
and and and it it's I mean like the for example the touring test used to be a thing now you
00:39:12
know your basic uh open source random llm writing on a freaking Raspberry Pi probably could uh you know beat the
00:39:20
touring test um so there's I I I think actually like like the the good future of AI is
00:39:32
one of immense Prosperity where there is an age of abundance no shortage of goods and
00:39:42
services everyone can have whatever they want unless except for things we artificially Define to be scarce like
00:39:49
some special artwork um but but anything that is a manufactured good or provided Service uh
00:39:56
will I think with the Adent of AI plus robotics that the cost of goods and services will be
00:40:05
will Trend to zero like I'm not saying it be actually zero but it'll be it every everyone will be able to
00:40:14
have anything they want uh that that's the good future of course and you know in my view that's probably 80% likely so
00:40:21
look on the bright side only 20% 20% probability of annihilation nothing um is is the 20% like what does that
00:40:31
look like I don't know man I mean frankly I do have to go engage in some degree of of deliberate suspension of
00:40:38
disbelief with respect to AI in order to sleep well um and even then um because I
00:40:45
I I I think the actual issue the the most likely issue is like well how do we find meaning in a world where AI can do
00:40:51
everything we can do a bit better that that is that is perhaps the bigger challenge um
00:40:58
although you know at this point I know more and more people who are retired and they seem to enjoy that life
00:41:05
so uh but I think that that may be maybe there'll be some crisis of meaning like
00:41:10
because the computer can do everything you can do but better so maybe that'll be a challenge um but but really uh you
00:41:21
know you need you need the sort of end factors you need the the autonomous cars and
00:41:27
you need the sort of humanoid robots or your general purpose robots um but once you have general purpose humanoid robots
00:41:36
um and autonomous vehicles uh you really you you you can build anything um and and and this I
00:41:46
think that there's no actual limit to the size of the economy I mean there obviously you know the mass of Earth you
00:41:52
know like that one limit um but the you know the economy is is really just the average productivity per person times
00:42:01
number of people that's the economy and if you if you've got humanoid robots that can do you know where there's no
00:42:10
real limit on the number of humanoid robots um and and they they can operate very intelligently then then there's no
00:42:18
actual limit to the economy in there's no meaningful limit to the economy you guys just turned on Colossus which is
00:42:24
like the largest private cluster I guess of gpus anywhere is that it's it's the it's the most powerful supercomputer of
00:42:32
any kind um which sort of speaks to what David said and kind of what Peter said which is a lot of the kind of economic
00:42:41
value so far of ai ai is entirely gone to Nvidia but there are people with Alternatives and you're actually one
00:42:47
with an alternative now you have a very specific case because Dojo is really about images and large images huge
00:42:54
video um yeah I mean the the the Tesla problem is different from the um you know the sort of llm problem uh
00:43:03
the nature of the intelligence actually is actually and and the what what matters in the AI is
00:43:10
is different um to to the point you just made which is that in the in tales's case the context uh length is very long
00:43:18
so we've got gigabytes of context G context Windows yeah yeah you've got you know sort of uh we just bringing it up
00:43:25
kind of billions of tokens of context NY amount of context because you've got um
00:43:30
seven seven cameras and if if you've got several you know let's say you've got a
00:43:34
minute of several high high def cameras then that's gigabytes so you need to compress so the Tesla problem is you got
00:43:41
to compress a gigantic context um into the the pixels that are that actually matter um
00:43:50
and you know and and and condense that over a time so you've got in both uh the time Dimension the space Dimension
00:43:58
you've got to compress the pixels u in space and the pixels over in time um and and and then and then have that
00:44:07
inference done on a tiny computer relatively speaking a small you know a few hundred watt uh it's a Tesla
00:44:15
designed AI inference computer uh which is by still the best there isn't a better thing we could buy from suppliers
00:44:21
so the Tesla designed AI inference computer that's in the cars is better than anything we could buy from any
00:44:27
supplier just by the way that's kind of a by way the the Tesla ai ai CHP team is
00:44:33
extremely good you guys in the design there is a technical paper and there was a deck that somebody on your team from
00:44:38
Tesla published and it was stunning to me you designed your own transport control like layer over ethernet you're
00:44:44
like ah ethernet's not good enough for us you have this TT Coe or something and you're like oh we're just going to
00:44:50
reinvent ethernet and like string these chips it's pretty incredible stuff that's happening over there yeah um no
00:44:56
the team the the Tesla chip design team is extremely extremely good um so um but
00:45:03
is there a world where for example other people over time that need you know some
00:45:07
sort of like video use case or image use case theoretically you know you'd say oh
00:45:12
why not you know I have some extra Cycles over here so which should kind of make you a competitor of Nvidia it's not
00:45:17
intentionally per se but um yeah I mean the you know this training and inference
00:45:25
and we we do have you know two those two projects at T we've got Dojo which is the the training computer uh and then um
00:45:33
you know our inference chip which is in every every car inference computer um so
00:45:42
and Dojo we've only had Dojo one Dojo 2 is um you know should be we should have Dojo 2 in volume towards the end of next
00:45:49
year um and and that that that will be we think sort of comparable to uh the sort of a b200 typ type system a
00:46:00
training system um and um you know so there's I guess there's some potential for for that to be used as a service um
00:46:11
and but like you Dojo is is just kind of like I mean we're I guess I guess I have like some
00:46:21
improved confidence in Dojo um but I think we won't really know how good Dojo is until probably version
00:46:31
three like usually takes three major iterations on a technology for it to be to be excellent um and we'll only have
00:46:38
the second major iteration next year um the third iteration I don't know maybe late you know 26 or something like that
00:46:47
how's the uh how's the Optimus project going I remember when we talked last um and you said this publicly that it's in
00:46:54
doing some light testing inside the factory um so it's actually being useful what's
00:46:59
the build of materials and when you know for something like that at scale so when
00:47:04
you start making it like you're making the model three now and there's a million of them coming off the factory
00:47:08
line what would the would they cost 20 30 $40,000 you think yeah I mean what I mean I've discovered really that you
00:47:16
know anything made in sufficient volume will ASM totically approach the cost of its of its uh
00:47:24
materials so now there's there's I should say the there's some some things are constrained by the cost of
00:47:30
intellectual property and like paying for patents and stuff so a lot of you know what what's in a a chip is like
00:47:36
paying paying royalties um and depreciation of the chip faab so but the actual modal cost of the chips is very
00:47:43
low um so so so Optimus it obviously is humanoid robot it it is it weighs much less than it's much smaller than a car
00:47:53
um so the you could expect that in high volume uh and and i' said you also probably need three three production
00:48:02
versions of Optimus so you need to refine the design three at least three major times and and then you need scale
00:48:10
production to sort of the million unit plus per year level and I think at that point the cost
00:48:20
the the you know the labor materials on Optimus is probably not much more than 10,000
00:48:27
yeah and that's a decade long journey maybe basically think of it like Optimus will cost less than um a a small car
00:48:36
right so at at scale volume with three major iterations of technology and and so if a
00:48:43
small car you know costs $225,000 you know it's it's probably like I don't know $220,000 for for an Optimus for a
00:48:51
humanoid robot that can be your your body like a combination of R2D2 and c3p a bit
00:48:58
better I mean you know that's I honestly I think people are going to get really attached to their humanoid robot because
00:49:04
I mean like you look at sort of watch Star Wars and it's like R2D2 and see3 I love those guys um you know they're
00:49:11
awesome um and their personality and and I mean and all all R2 could do is just beef at you could couldn't speak English
00:49:22
um c3p to translate the beeps you know so you're in year two of that if you did two or three years per iteration or
00:49:28
something it's a decade long journey for this to hit some sort of scale I I would
00:49:33
say m major iterations are less than two years so okay um it's probably on the order of five five years yeah
00:49:43
uh maybe six to get to a million units a year and at that price point everybody can afford one on planet Earth I mean
00:49:51
it's going to be that one: one two: one what do you think ultimately if we're sitting here in 30 years the number of
00:49:57
robotss on the planet versus Humans yeah I think the number of robots will vastly
00:50:01
exceed the number of humans vastly yeah vastly exceed I mean you have to say like who who would not want their robot
00:50:08
buddy everyone wants a robot buddy um you know this is like it especially if it can you know you know it can take
00:50:18
care of your your take your dog for a walk it could you know mo mow the lawn it could watch your kids uh it could you
00:50:26
know like it could it could teach your kids it could it could we could also send it to Mars we could send a lot of
00:50:33
robots to Mars to do the work needed to yeah make it a colonized planet for you Mars is already the robot Planet there's
00:50:39
like a whole bunch of you know robots like Rovers and Rob helicopter yes only robots um so yeah the no I I think the
00:50:49
the sort of useful humanoid robot opportunity is the single biggest opportunity ever
00:51:01
um because if you assume like that I mean the I think the ratio of humanoid robots to humans is going to be at least
00:51:07
2 to one maybe 3 to one because everybody every everybody will want one and then there'll be a bunch of robots
00:51:13
that you don't see that are making goods and services and you think it's a general one generalized robot that then
00:51:18
learns how to do different tasks or yeah hey um I mean we are a generalized yeah we're a generalized
00:51:25
robot we're just made of meat you know uh we're a meat General meat yeah I mean operating my meat puppet you know um so
00:51:34
um yeah we are actually and by the way it turns out like as we're designing Optimus we sort
00:51:41
of learn more and more about why humans are shaped the way they're shaped and you know and why we have five fingers
00:51:48
and why your little finger is smaller than you know your index finger uh you know you know obviously why you have
00:51:55
opposable thumbs but also why for example your the muscles the major muscles that operate your hand are
00:52:02
actually in your forearm and and your fingers are primarily operated like um your the muscles that actuate your
00:52:12
fingers um are located the vast majority of the of your finger strength is actually coming from your
00:52:18
forearm um and your fingers are being operated by tendons little strings that that's and so the current
00:52:26
current version of the Optimus hand uh has the actuators in the hand and has only 11 degrees of freedom so it can't
00:52:33
it's not as doesn't have all the degrees of freedom of human hand which has depending on how you count it roughly 25
00:52:40
degrees of freedom um and uh and and and and it's also like not strong enough in certain ways because
00:52:49
the actuators have to fit in the hand um so the Next Generation Optimus hand uh which we have in Prototype form
00:52:57
uh the the actuators have moved to the forearm just like a human and they operate the the fingers through cables
00:53:03
just like a human hand and uh and then the next Generation had has 22 degrees of
00:53:09
freedom um which we think is enough to do almost anything that a human can do um and presumably I think it was written
00:53:21
that X and Tesla may work together and you know provide services but my immedate thought went to oh if you just
00:53:28
provide a grock to the robot then the robot has a personality and can process oh yeah voice and video and images and
00:53:34
all of that stuff as the uh as we wrap here U I think uh you know everybody talks about all the projects you're
00:53:42
working on but um people don't know you have a great sense of humor that's not true oh you do you do um people don't
00:53:49
see it but I would say one of I know for me the funniest week of my life or one of the funniest was when you did SNL and
00:53:55
we got and you you I got to tag along maybe you saw it um maybe behind the scenes like some of your funniest
00:54:05
Recollections of that chaotic insane week when we laughed for 12 hours a day it was a little terrorizing on the first
00:54:12
couple of days but yeah I was I was bit worried the beginning there because frankly nothing was funny um day one was
00:54:21
rough rough um yeah so I mean it's like a rule but can't you guys just say it just say the stuff that got on
00:54:30
the cutting some the funniest skits were the ones that didn't let you do that's what I'm saying can you just say there
00:54:36
were a couple of funny ones yeah that they didn't let you you can say it so that he doesn't get I mean how much time
00:54:40
do we have here well we should just give one or two because it was in your mind which one do we regret
00:54:47
most not getting on air you really want to hear that I I mean I mean it was a little I see it was
00:54:57
a little funny okay here we go all right here we go guys all right so one of the things that
00:55:11
um I think everyone's been sort of wondering this whole time is is Saturday night Saturday Night Live actually live
00:55:18
like live live live live or do they have like a delay or like just in case you know there's a wardrobe malfunction or
00:55:26
something like that uh is it like a you knowu 5sec delay what's really going on but there's a there's a way to test this
00:55:35
right we came out the way there's a way to test this um which is we don't tell them what's going on as I I W on and
00:55:43
says this is the script I throw it on the ground we're going to find out tonight right now it's Saturday if sat
00:55:50
night life is actually live and the way that we're going to do this is I'm going to take my [ __ ]
00:56:01
[Applause] out this is the greatest pitch ever and and if if if if you see my [ __ ] you know it's
00:56:15
true and if you don't it's been a lie it's been a lie all these years all these years now this is we're going to
00:56:22
bust them right now and this we're pitching this yeah yeah so ping this on Zoom yeah ping this on zoom on like a
00:56:29
Monday after like yeah we're like kind of hung over from the weekend and like Ping thisi and and and it's h it's you
00:56:36
know Jason's on um and uh Mike and you yeah and Mike uh you know got like you know who my friends who I think are sort
00:56:44
of you know quite funny um you know uh Jason's quite funny I think like like Jason's the closest thing to Cartman
00:56:52
that exists in the real in real life we have a joke that he's Butters and I'm Cartman yeah so um and then my friend
00:57:04
Mike's Prett funny too so so we we come in like like just like guns blazing guns
00:57:10
blazing with with like ideas and we didn't realize like actually you know that's not how it works and and and uh
00:57:16
that that it's normally like actors and and they just get told what to do and like oh right well you mean we can't
00:57:21
just like do funny things that we thought of what there watching this and on the zoom they're a
00:57:29
gas pitch yeah it's silence like so I'm like and I'm like and I was like is this
00:57:34
thing working is this are we muted is is our mic on they're like we hear you yeah
00:57:39
and then and then after a long silence like Mike's Mike just says the word crickets crickets and they're not
00:57:45
laughing they're going to not even going to chugle like what's going on and then
00:57:49
Elon explains the punchline yes which is exactly so there's more to it okay yes that's just the
00:57:59
beginning so Elon says so so then I'm so I'm like so so so so I said like I'm I'm
00:58:06
I'm going to I'm going to reach [Laughter] down into my pet into my pants and and I
00:58:13
stick my hand on my pants and I'm going and I'm and I'm going to pull my co and I tell this to the audience and the
00:58:17
audience is going to be like go right and and and and and then and and then and then and then I pull out a
00:58:27
a a baby rooster you know yes and it's like okay this is kind of PG you know it's like
00:58:34
that not that bad it's like it's this is my tiny [ __ ] and and and it's like what do you think uh
00:58:46
and so then and do you think it's an ice coock I mean I like it I pitch I'm like
00:58:51
and then Kate McKennon walks out yeah exactly and I'm like oh no but you haven't heard half of it Kate mcken
00:58:56
comes out yeah and she says Elon expected you would have a bigger [ __ ] yeah I like I I don't mean to disappoint
00:59:05
you Kate but yeah um but I I I hope you like it anyway um but Kate's got to come out with with
00:59:12
with her cat okay right uh so and Kate says you see where you can see where this is going and I say nice wow that's
00:59:20
that's a that's a that's a nice [ __ ] you've got there Kate wow that's amazing um it looks a
00:59:28
little wet was it raining outside and then um do you mind if I stroke your [ __ ] is
00:59:36
that cool it's like oh no Elon actually can I hold your [ __ ] of course of course
00:59:43
Kate you definely hold my [ __ ] um and and then you know we exchang and I think
00:59:48
just the audio version of this is pretty good right um and and and um you know so
00:59:54
it's like wow you I really like um stroking your [ __ ] and I was like I and then you say I'm really enjoying
01:00:04
strug at your [ __ ] yes of course and um yeah so you know they're looking at us
01:00:11
like oh my god what have we done inviting these lunatics on the program yeah they said they said like
01:00:19
well um it is uh it is Mother's Day it's Mother's Day we might not want to go with this one the mom's in the
01:00:28
audience and I'm like well that's a good point well fair fair it might be a bit uncomfortable for all the moms in the
01:00:34
audience maybe I don't know I don't know maybe they'll dig it maybe they like it
01:00:37
uh so yeah that was that's the um that's the that's the that's the um cold open that didn't make
01:00:47
it we didn't get that on the air um but uh we did fight for Doge yes and we got Doge on the air Ian there's a bunch of
01:00:56
things that I said that were just not on the script like they have these like Q cards for what you're supposed to say
01:01:00
and I just didn't say it I just went off off the rails yeah they didn't see that
01:01:04
coming yeah it's live well it's live and uh so the Elon wanted to do Doge this is the other one and he wanted
01:01:15
to do Doge on late night and he says um Hey Jake Al can you um make sure oh yeah
01:01:20
so I want yeah I wanted to do the Doge father like you sort of redo the you know that scene from uh the the to
01:01:26
Godfather I mean you kind of need the music to cue things up you bring me on my daughter's
01:01:35
wedding listen you ask for Doge yeah you got R and I give you Bitcoin but you want do exactly you really got to set
01:01:42
the mood you have to have tuxedo andice you got to have like Mar you come to me on this day of my
01:01:55
Do's wedding and you ask me for your private keys are you even a friend you'll call
01:02:05
me the Dodge father so b b know so that has potential they had great potential so they come to me and
01:02:16
I'm I'm talking to Colin um and Jo who's got a great sense of humor and he's amazing he loves Elon and he's like we
01:02:23
can't do it because of the law and stuff like that and the law and liability so I said it's
01:02:29
okay Elon called Comcast and he put in an offer and they just accepted it we just bought NBC so it's fine yeah and
01:02:41
Colin Joe looks at me I sold this so good and he's like you're you're serious I'm like yep we own NBC now yeah and
01:02:51
he's like okay well that kind of changes things doesn't it I'm like absolutely where're a go on on Doge yeah and then
01:02:57
he's like you're [ __ ] with me and I'm I'm [ __ ] with you or are we or are we it was the greatest week of and that
01:03:07
like is like two of 10 stories yeah we got yeah we got we'll save the other eight yeah but it was and I was just so
01:03:14
happy for you to see you have a great week of just joy and fun and letting go cuz you were launching Rockets you're
01:03:22
dealing with so much [ __ ] in your life to have those moments yeah to share them and just laugh um it was just so
01:03:28
great and more of those moments I think we got to we got to get you back on SNL who wants them back on SNL one more time
01:03:35
all right ladies and gentlemen our bestie Elon Musk [Applause] [Laughter] [Applause]