Squawk on the Street

CNBC Special: Tesla CEO Elon Musk 5/20/25

May 21, 2025
In this engaging talk, Elon Musk, the visionary CEO of Tesla and X, shares insights on electric vehicles and artificial intelligence. He discusses the eagerly anticipated launch of Tesla's robo-taxi service, emphasizing strides toward full autonomy. Musk addresses the challenges of self-driving tech, balancing safety with innovation, especially in competitive markets like China. He also delves into the future of AI, advocating for both optimism and caution, while highlighting the massive infrastructure needs for advancing autonomous systems and the responsibilities that come with it.
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INSIGHT

Confidence in Robo-Taxi Launch

  • Tesla expects to launch fully autonomous robo-taxis in Austin by June with no safety driver needed.
  • Thousands of Teslas are already tested with minimal human interventions, building confidence in safety.
ADVICE

Prudent Autonomous Deployment

  • Start deploying autonomous taxis slowly in safe areas with geofencing to avoid complex intersections.
  • Increase fleet size gradually and expand to other cities based on safety and performance.
INSIGHT

Camera-Based AI Advantage

  • Tesla uses camera-based AI vision over lidar or radar for better safety and simpler decision-making.
  • Multiple sensors can cause contradictions, so Tesla prioritizes neural networks with cameras and microphones.
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