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Tesla 'armageddon,' a 'legion' of Optimus robots, and no mention of DOGE: 5 takeaways from Elon Musk's livestream
- Elon Musk held a last-minute all-hands meeting with Tesla employees and encouraged investors to hang on to their stock amid criticism and stock price volatility.
- During the meeting, Musk emphasized the importance of focusing on the Cybercab line and scaling up production, with ambitions to produce 2 million units per year.
- Musk discussed Tesla's plans to build a significant number of Optimus robots, aiming to produce 5,000 robots this year and potentially 10 legions next year.
- Employees did not ask Musk about politics during the session, despite criticism of his political involvement impacting Tesla's image and stock performance.
- Musk mentioned being 'stretched pretty thin' due to his numerous responsibilities across Tesla, SpaceX, X, The Boring Co., Neuralink, and more.
- The meeting, which was livestreamed from the Texas Gigafactory, highlighted updates on Tesla's safety record, delivery figures, autonomous driving, and robotics.
- Tesla's stock has seen a significant decline from record highs, with Musk attributing this to challenges in the market's perception of the company's future potential.
- Musk expressed confidence in autonomous driving unlocking Tesla's true value and emphasized the revolutionary nature of the Cybercab production process.
- Overall, the meeting provided insights into Tesla's future direction, production goals, and Musk's acknowledgment of the demanding nature of his diverse business commitments.
- Despite various challenges and criticisms, Musk remains focused on innovation and productivity across his wide array of ventures and initiatives.
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