特斯拉电话会让市场失望，马斯克下调机器人和Robotaxi目标，称“特斯拉处于关键时刻”

Core Viewpoint - The company is shifting its focus from electric vehicles to artificial intelligence and robotics, indicating a significant transformation in its strategic narrative [3][4][7]. Group 1: Strategic Shift - The CEO stated that the company is at a "critical turning point" in bringing AI into the real world, emphasizing that the future core strategy is "real-world AI" beyond just electric vehicles [5][7]. - The production timeline for the Optimus robot has been pushed back to late 2026, with the goal of producing one million units annually, reflecting the challenges in manufacturing and supply chain [5][9][32]. Group 2: Robotaxi and Autonomous Driving - The company plans to remove safety drivers from Robotaxi services in parts of Austin by the end of 2025 and expand to 8 to 10 metropolitan areas, a significant reduction from the previous goal of covering 50% of the U.S. population [4][10]. - The latest version of the Full Self-Driving (FSD) software has been released to all U.S. owners, with future versions expected to incorporate reasoning capabilities [6][10]. Group 3: Financial Performance - The company reported record third-quarter revenue and free cash flow of approximately $4 billion, with automotive revenue increasing by 29% quarter-over-quarter [17][25]. - The automotive business's gross margin increased slightly from 15% to 15.4%, attributed to lower material costs and economies of scale [17][28]. Group 4: AI and Technology Developments - The next-generation AI chip, AI5, is expected to be 40 times better than AI4 in certain metrics, with significant improvements in efficiency and cost-effectiveness [13][36]. - The energy storage business continues to show strong demand, with the upcoming Megapack 4 integrating substation functions to simplify deployment [15][28]. Group 5: Control and Governance - The CEO expressed concerns about maintaining control over the company while building a "robot army," linking his influence to upcoming shareholder votes on compensation and board member re-elections [12][34].