In this video, billionaire Larry Ellison made two significant announcements. First, Tesla is developing a Cybertruck police car. Second, Ellison claimed that full autonomous driving will become a reality within the next year, describing it as a game-changing industry with immense profit potential. The speaker expressed confidence in Tesla's leadership position in both autonomous driving and artificial general intelligence (AGI) through innovations like the Tesla Bot. They also emphasized the growth potential of Tesla's stock beyond its current valuation.
1. **Larry Ellison reveals Tesla's future plans:**
- Larry Ellison announces the upcoming release of a Cybertruck police car.
- Ellison hints at the imminent launch of complete self-driving cars within the next 12 months.
2. **Tesla's Position in the Market:**
- Ellison emphasizes Tesla's suitability for fleets due to factors like low maintenance, operational efficiency, and advanced technology.
- Tesla, led by Elon Musk, is currently the leader in autonomous driving, well ahead of competitors.
3. **Autonomous Driving as an 80% Gross Margin Business:**
- Ellison asserts that full autonomous driving will be an 80% gross margin business, emphasizing its software-as-a-service (SaaS) nature.
- The winner in autonomous driving will have significant influence over the industry, setting rules and regulations.
4. **Competition and Industry Dynamics:**
- Competitors like BYD, GM, Nvidia, and Mobileye are discussed, highlighting Tesla's lead in miles driven and real-life experience.
- Lidar is deemed redundant by Musk, and the disagreement with Mobileye in 2015 is revisited.
5. **Tesla's Future Potential and Impact:**
- The discussion shifts to the potential trillion-dollar profit from autonomous driving.
- The introduction of Tesla Bot (Optimus) is presented as a groundbreaking development in the field of robotics.
6. **Tesla's Long-Term Outlook:**
- The speaker expresses a bullish outlook on Tesla's long-term success, claiming it may take a decade for full realization.
- The broader impact on the economy and GDP is discussed, highlighting the transformative nature of Tesla's innovations.
7. **Investment Perspective:**
- The speaker suggests that buying Tesla at $250 provides access to the auto business and additional technologies like Optimus, AGI, energy, and autonomous driving.
- Encourages joining a community (The Academy) for in-depth discussions with industry professionals.
8. **Conclusion:**
- The video concludes with an invitation to join The Academy on Patreon for a trial period, emphasizing the community's depth of understanding and expertise.