Elon Musk's Vision: New Steps for the Future of Tesla

Elon Musk's Q3 earnings call included not only an increase in revenue but also a clear declaration of intent regarding the company's future. Tesla Inc (NASDAQ:TSLA) achieved $28.1 billion in sales during the quarter, representing an increase from $25.2 billion last year. However, the most important aspect was Musk's goal to gain full control over the company's fate: artificial intelligence, autonomous robots, and corporate governance.

Musk expressed his concerns about governance on the X platform. He pointed out that approximately half of the public shares of the billion-dollar company are controlled by passive index funds that delegate their voting rights to advisory firms such as ISS and Glass Lewis.

Musk criticized these advisory firms for often voting based on arbitrary political lines rather than shareholder interests. For instance, ISS recommended voting against two long-time Tesla executives; one for 'insufficient gender diversity', and the other also being rejected for the same reason. This situation clearly illustrates Musk's desire to establish control before unleashing his 'robot army.'

The voting on November 6 is seen not only as a corporate regulation but also as a prerequisite for Tesla's ambitious AI goals to scale seamlessly.

In the technology sector, Tesla positions itself as both an artificial intelligence computing company and a production powerhouse. The A5 chip, developed in collaboration with Taiwan Semiconductor Manufacturing Company (NYSE:TSM) and Samsung Electronics (OTCPK:SSNLF), is expected to be 200% more efficient and 1000% cheaper compared to competitors. This will allow Tesla to maintain complete control over its prediction and training datasets.

Musk emphasized in the earnings call that humanoid robots, referred to as Optimus, are at the center of what he called an 'infinite money gap.' The challenge lies not in intelligence but in scaling. Control over vertical integration and supply chains constitutes Tesla's advantage, and humanoid robots are becoming a true differentiator.

Tesla is strengthening its position regarding collected data: Robotaxis are expected to become operational in several states by the end of the year, supported by the recording of six billion supervised miles. Musk stated that Tesla has built a full-layered AI infrastructure ranging from chips to robots and autonomy networks, and he does not want others to dictate how this system should be navigated.

While investors often focus on electric vehicles, Tesla's real move is towards AI-powered robots and autonomy. However, for this vision to be scalable, Musk needs to hold the keys to the kingdom.

The date of November 6 could determine whether Tesla remains merely an automaker or transforms into a full-fledged AI empire.