Tesla Shareholder Meeting 2023: Join me for the tour & to meet some awesome people

May 20, 2023 Gail AlfarLeave a comment

_{Cybertruck, 2023 Shareholder’s Meeting. Photo Courtesy Sarah Alfar.}

(May 20, 2023 Austin, Texas)

“The goal is to give people hope, realistic hope, and simply to say that there is a path to a fully sustainable global economy, that we are on that path, that we are accelerating that path, and so long as we don’t get complacent about it, it will happen.” – Elon Musk at Shareholder Meeting on Master Plan 3

At the heart of Tesla’s success lies Elon Musk, the incredible Tesla team, and a dedicated community of individuals who are passionate about the company and its mission.

For this article, you’ll get to come along with me to the shareholders meeting and we’ll start in the line of cars and then meet some awesome people! Let’s set the time machine back to May 16, 2023, and hop in my Tesla.

IMAGINING YOU ARE WITH ME AT THE SHAREHOLDER’S MEETING

Joining a long line of cars, we are very close to Gigafactory Texas and we see production at scale in action in front of us. Numerous deliveries on large, semi flatbeds are pouring in as we wait, car carriers leave the factory loaded with new Model Y. The battery cathode plant and die shop are huge. The employee parking lot is overflowing.

You get the window seat once we’re on the bus ride to the entrance. The bus lumbers off around the Gigafactory. I say I could do this ride over again 50 times and you tell me I’m a little extreme (I disagree, haha).

We see a holding lot filled with Model Y as far as the eye can see. Model Y are charging at a George Jetson style charging bay shaded by solar panels. Next up, a loading lot where inspections are being done, then cars line up to wait for their turn onto a car carrier. There are long lines of car carriers.

You pass several employee parking lots, they are bigger than you expected.

The tour bus drives closer to the Gigafactory, and a cool shadow is cast over the bus as you gaze up. We both gasp. The bus feels tiny as we crane our necks to look up to the rooftop. The roof is covered with solar panels that spell out “TESLA,” but you already know that from when you flew into Austin.

While we wait to tour the Tesla Semi, a graffiti artist is creating Cybertruck art on the side of a shipping container. The day is perfect, 80 degree weather, a few puffy clouds, we’re lucky to be here!

You think you almost lost me after the Semi tour but then find me ogling the Cybertruck and the German-made Model Ys on the other side of the street. The size of the truck is bigger than you expect. The Berlin Model Y paint is glamorous under the sun to say the least!

TOUR

As we enter the Gigafactory Tour, it’s apparent it’s in full production and did not shut down at all for this event, rather it looks like it’s under an even higher pace than imagined. Employees are actively working on model Y, and the production line is visible and moving along fast. We hear occasional happy beeps from Model Y under production and it sounds like they’re saying, “hey, I’m glad you came to see us.”

We’re able to see the ground floor and then climb up stairs to the second floor and look down, which is incredible. The factory is so big and everything looks so clean and everybody working looks like they have purpose and order in what they do.

As a tour guide instructs us on the manufacturing processes in a video, you and I are more interested in listening to the sounds in the factory and watching the production line below, it’s an all inspiring vision, seeing these vehicles being brought to production at scale, and being there in person, is an experience that feels like the future. It inspires us to think about how incredible it is to be a part of Tesla’s success just by being a supporter and investor.

Reality kicks us in the face while the security guard says “hey ma’am, your tour is leaving.”

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I hope this gave you a feel for if you had been at the Tesla shareholder Meeting. For the remainder of this article, I’ll introduce you to three inspiring people I had conversations with.

FROM TESLA OWNER TO INVESTOR

Winston was wearing a Longhorn shirt and the “Don’t Mess with Tesla” belt buckle which caught my eye. He and his daughter Anne were waiting in line at the Tesla store.

Winston told me he bought a Model 3 in 2020. He said the minute he stepped into his Tesla, the experience was so incredible that right away, knew he needed to invest.

He now uses FSDbeta all over Houston, and he would not travel around any other way.

I told him I had also used FSD beta in Houston and it was flawless. (My Podcast #14 is all in Baytown & Houston)

WITNESSING THE NEW EVOLUTION OF NORMALCY

I always respect the confidentiality and privacy of Tesla employees, so I’ll just briefly share with you what one employee said while keeping him private. Without mentioning his position at Tesla, I can say he looked at Tesla with a blend of optimism and amazement. He told me he loves working at Tesla and compared it to what he knew about car manufacturing before he was hired. As a kid, he grew up in Detroit and his father worked in automotive manufacturing. He would visit the factory and remembers it for the awful smell of toxic fumes.

At Tesla, “you can actually walk through it and breathe clean air. It doesn’t even seem like a car factory at times. I am experiencing the new evolution of normalcy.”

SUPPORT FOR ELON MUSK FROM NORTH CAROLINA

Just outside the Tesla Gigafactory, near some oak trees, there was a handful of food and beverage trucks. I ordered a grilled cheese sandwich and a slushie and looked for a shady place to eat. This is how I met the Whitley family. Dan Whitley’s love for Elon and Tesla was evident in his commitment to being a part of the Tesla mission.

Dan explained to me that he supports Elon Musk because, “I think he’s a believable person and I think he’s got a kind heart and I believe in his mission and believe in him and just try to support him the best I can.” Laughing, Dan said, “And I’ve got 8 Tesla’s so I’m supporting him!” I asked if this was normal for N. Carolina, and he said. “The company spoke to me, they have a good mission and I want to support them.”

CONCLUSION

The conversations I had with people at the shareholder meeting offer a glimpse into the passion and devotion people have for Tesla and in the vision of Elon Musk. for some, it even made them rethink their future. William Cross from Connecticut was at the Shareholder Meeting. I caught up with him later, and he told me how the experience left an impact on him. “It really made me rethink what I’m doing here. I fell in love with the South. I want to learn more and one day work for Tesla or SpaceX.”

The company Tesla as a whole inspires many people, and Elon is highly respected and supported by many. When you hear negative talk about Elon Musk, please realize that is a small minority. A small, very vocal minority. They, in no way, represent what most people truly think.

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Article by Gail Alfar. please credit accordingly. Thanks to Tesla for being amazing. Thanks to Elon Musk and all my subscribers and readers on Twitter who support my writing in many different ways, I appreciate you very much. Video Courtesy @Tesla Inc., Pic credits Sarah Alfar and Greggortruck.

5 Takeaways from Tesla’s 2022 Shareholder Meeting

August 7, 2022February 21, 2023 Gail Alfar6 Comments

Elon Musk spoke at the 2022 Annual Shareholder Meeting on August 4th. I attended in order to experience the event firsthand so I could write about my impressions for you.

This article features highlights of what Elon Musk said about Tesla Gigafactories, AI, Cybertruck, Optimus robot, how we can help support the mission, and more.

*^{Elon Musk at GIgafactory Texas, credit: Tesla}*

Elon Musk and Tesla, Inc. are grateful to you as a Shareholder

The Cyber Roundup was Tesla’s kind way of saying thanks to you as a retail TSLA shareholder. This year’s meeting was the largest in-person meeting ever and it provided an opportunity to see products up close, take a factory tour, and even speak with Elon Musk.

Towards the end of this article, I will share info with you on how you can attend in the future. Martin Viecha, Tesla’s Investor Relations, opened the meeting and he later joked on Twitter, “It’s not a Shareholder Meeting, it’s really a rock concert for TSLA supporters.”

Cyber Roundup felt like this because it was a way for Tesla supporters to thank Elon Musk and Tesla directly. This was evident as I observed many people cheering, clapping [sometimes standing], and even whistling after every informational slide, statement, or joke that Elon Musk made.

A new way of thinking about a factory

^{Model Y front hoods as Art Installation at Gigafactory Texas, credit: the author}

Cybernetics is a term coined by American mathematician Norbert Wiener to refer to the general analysis of control systems and communication systems in living organisms and machines. At the meeting, Elon explained how Tesla went from a small start-up to what it is today, with factories as a giant cybernetic collective,

“When we started out here, we were told electric cars were impossible and if you could make an electric car with a couple hundred miles range then nobody would buy it anyway because people just love gasoline cars.

You know, when we started out it was down to a start-up company and then down a square to an electric car company, and we were told you are never going to make money, etc. and we didn’t for a while, but now we have the highest operating margin in the whole industry.

Tesla is not just a car company, Tesla is many companies in one and we’re as much a software company as we are a hardware company and that’s really going to be obviously essential for the future.

Software in the car, and in neural net training, but also software in the factory as well.

You can think of the factory as a giant cybernetic collective. So the factory is just an enormous cybernetic collective of humans and machines and software, and the better that software is, the better that cybernetic collective works. I don’t think other OEMs think like that! but that’s what it is.” – Elon Musk at 2022 Shareholders Meeting

Tesla is close to solving an important part of AI and Welcomes Talented People to Apply

_{Elon Musk shares the hands of the Tesla Optimus robot for the first time. credit: the author}

Fully autonomous driving is an incredibly difficult problem to solve. Elon‘s positive outlook at the meeting gives us hope that autonomy will be solved. Elon stated,

“It’s really interesting because we are effectively solving an important aspect of artificial intelligence, real-world AI for self driving, which, when you think about it, is what’s needed to solve self-driving because how was the road system designed?

Its designed for a biological neural net and eyes, and so naturally the thing that would therefore work for the silicon analog is therefore cameras and silicon neural net.

So, sort of by accident, we’re actually solving an important and very useful element of artificial intelligence.

I definitely want talented people who are working on AI to consider working at Tesla because I think we’re solving an important part of AI, and one that can ultimately save millions of lives and prevent tens of millions of serious injuries by driving an order of magnitude safer than people.” – Elon Musk

Elon Musk talks about upcoming products Cybertruck and Optimus

^{Cybertruck at Gigafactory Texas, credit: the author}

On Cybertruck, Elon said,

“What I can say is that the Cybertruck will be one hell of a product, and it’s going to be like a damn fine machine, and we’re on track to be in production middle of next year from this factory.

So we’re going to be installing the production equipment, the tooling and all starting the next couple months we will begin the installation so aiming to be in volume production middle of next year.” – Elon Musk

Elon Musk spoke about Optimus,

“I’m sort of surprised that people, or at least analysts out there are not understanding the importance of the Optimus robot.

My guess is that Optimus will be more valuable than the car long term.

In fact, I think it will turn the whole notion of what an economy is on its head.

The point at which you have no shortage of labor. You know, the economy is capita, if you don’t have capita constrain then the economy will be arbitrarily huge, so it’s crazy.” – Elon Musk

The Mission to Accelerate the Transition to Clean Energy and How you Can Help

_{Tesla let shareholders sign a Model Y, credit: the author}

The shareholder’s meeting took on a Town Hall vibe towards the end, where people formed two lines and were given microphones to ask Elon questions. That portion starts at 51 minutes into the video, and it was delightful to experience. A total of nine lucky people had the chance to comment, suggest, and or ask Elon a question.

The last question was by a young man who said he simply wanted to thank Elon for everything he has done for the earth and the community and ask, aside from working for Tesla, being a shareholder, or purchasing a Tesla, how can the masses help push your vision? Elon replied,

“Well I think just generally encouraging sustainable energy and being supportive of that, I think is really helpful.

I say, you’re doing great so far! Without your support, Tesla wouldn’t be where it is.

Its people like yourself, and everyone in this room and out there and the 3 million people who bought our cars, and the millions who have gotten solar, that all really helps make the world a better place for the future.

I’d like to sort of convey a message about optimism about the future. If we work really hard to accelerate sustainable energy and sustainable transport, the future will be good!

Just make sure people know that, I’m not suggesting complacency at all, I’m literally saying, if we work hard towards a sustainable future, we will achieve it!

And the future is bright!” – Elon Musk

CONCLUSION

5 Takeaways

Tesla goes above and beyond to show appreciation to shareholders, the Cyber Roundup was a unique event that was well planned out and a delight to attend in person.
Elon Musk is advancing the concept of a giant cybernetic collective, saying, “the factory is just an enormous cybernetic collective of humans and machines and software, and the better that software is, the better that cybernetic collective works.”
Once again, Elon asked for people talented in the field of AI to consider applying to work at Tesla. Elon also said, “I think we’re solving an important part of AI, and one that can ultimately save millions of lives and prevent tens of millions of serious injuries by driving an order of magnitude safer than people.”
The exciting news about Cybertruck was that the production equipment will be installed in the next couple of months. About Optimus, Elon said it, “will turn the whole notion of what an economy is on its head. The point at which you have no shortage of labor.”
Finally, Elon thanked all of Tesla’s customers and shared a positive message about the future, “I’d like to sort of convey a message about optimism about the future. If we work really hard to accelerate sustainable energy and sustainable transport, the future will be good!”

As a Tesla shareholder, you can become involved by voting. Tesla has shared information about how you can vote on their website.

Tesla Investor Relations has shared that the new Tesla Shareholder Platform has been launched. You can join the program to participate in Tesla events and receive updates about events by logging into your account at this link.