Sustainable abundance https://t.co/UUA7UfkzAh ...

RT LaoZhu (@tomzhu_nz)Manufacturing for sustainable abundance! ...

Core Insights - The article emphasizes the importance of long-term investing in growth businesses and people, advocating for a shift from a "harvest mentality" to a "planting mentality" to create lasting societal benefits [5][6][24] - Elon Musk is highlighted as a transformative figure whose ventures, such as Tesla and SpaceX, exemplify the potential for innovation to change lives and drive sustainable abundance [7][15][19] Investment Philosophy - The firm focuses on investing in businesses that prioritize future growth over immediate profitability, aligning with the idea that true benefits may not be realized within one's lifetime [5][6][15] - The concept of "delayed gratification" is central to the firm's investment strategy, reflecting a belief in the compounding effects of long-term efforts [24] Notable Investments - The firm has seen significant returns from investments in Elon Musk's companies, with reported profits of approximately $13 billion, representing 25% of total realized and unrealized gains of $52 billion as of October 31, 2025 [15] - A specific investment of $335 million in X.AI, which acquired Twitter (now "X"), has grown to a current value of $1.4 billion, showcasing the firm's ability to capitalize on innovative opportunities despite initial skepticism [17] Market Position and Growth - The firm has evolved from managing $100 million in 1992 to $44 billion currently, indicating substantial growth and success in its investment approach [15] - The firm continues to focus on companies that are at the forefront of technological advancements, such as electric vehicles and space exploration, which are expected to have a profound impact on society [10][20]

Industry Focus - The industry emphasizes "Sustainable abundance for all" [1]

Vision - The company aims for "Sustainable abundance for all" 可持续的共同富裕 [1]

Financial Data and Key Metrics Changes - Tesla's energy business deployed 31 GWh in 2024, more than double the 2023 figure, indicating significant growth in this segment [5] - The company avoided nearly 32 million metric tons of greenhouse gas emissions in 2024, a 70% increase year-over-year, showcasing its commitment to sustainability [6] Business Line Data and Key Metrics Changes - The Model Y was the best-selling vehicle worldwide in 2024, reflecting strong demand and market leadership [5] - The energy business's growth is highlighted by the deployment of 31 GWh, which is a substantial increase from the previous year [5] Market Data and Key Metrics Changes - Tesla's global fleet achieved a safety performance that is ten times better than the average U.S. driver, with one crash occurring after driving over 6.8 million miles [7] - The company is focusing on expanding its installed base globally, which serves as a platform for future value creation [5] Company Strategy and Development Direction - Tesla aims to build a world of sustainable abundance and is at an inflection point in its growth trajectory [4] - The company is investing in services like Robotaxi and Virtual Power Plants, powered by AI, to maximize its installed base [5] - The mission has evolved to achieve sustainable abundance, emphasizing the importance of meeting human needs while preserving nature [57] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the future, stating that the company has the right team, technologies, and infrastructure to create a better world [11] - Elon Musk highlighted the potential of the Optimus robot to revolutionize industries and improve living standards, suggesting a significant economic impact [51][56] Other Important Information - The board has recommended against several shareholder proposals, including those related to sustainability metrics and labor practices, emphasizing the company's existing policies and practices [20][23][27] - The company has received support for its proposals, including the CEO performance plan for Elon Musk, which was approved with over 75% voting in favor [47] Q&A Session Summary Question: What is the future of Tesla's AI and robotics initiatives? - Elon Musk discussed the potential of the Optimus robot, suggesting it could become a fundamental part of daily life and industry, with production ramping up significantly [49][51] Question: How does Tesla plan to address regulatory challenges in Europe? - Musk mentioned ongoing discussions with regulators and the need for customer support to push for approvals of Full Self-Driving features in Europe [62] Question: What are the implications of the recent shareholder proposals? - The board has opposed several proposals, arguing that existing policies are sufficient and that the company is committed to transparency and accountability [20][23][27]

Company Vision - Tesla aims to achieve sustainable abundance by making goods and services accessible to everyone without sacrificing resources [1] Core Competencies - Tesla possesses AI technology, electrical-mechanical engineering, and scalable production lines [1] - The company believes no other entity currently possesses all these capabilities [1] Strategic Advantage - Tesla's products are designed to be accessible to all [1]

Core Viewpoint - Elon Musk attempted to reassure Tesla investors despite a disappointing first-quarter earnings report, emphasizing a vision of "sustainable abundance" for the future of the company [1]. Financial Performance - Tesla's first-quarter earnings report showed a significant miss on both revenue and earnings expectations, with a 71% decline in net income compared to the previous year [1]. - The company's shares have dropped nearly 40% over the year, reflecting a challenging market environment [2]. Market Dynamics - Tesla's market share in Europe has decreased, and the company has faced declining delivery numbers [2]. - The brand is experiencing regular protests at showrooms across the U.S., indicating potential reputational challenges [2]. Investor Reaction - Following the earnings report, Tesla's shares did not react immediately, with investor focus shifting to Musk's comments during the earnings call [2]. - However, shares saw a rebound on Wednesday, aligning with a broader stock market uptrend [2]. Management Focus - Musk indicated a shift in his focus towards Tesla, stating he would allocate more time to the company starting in May, while previously engaging with the Department of Government Efficiency [3][4]. - He expressed a commitment to continue his government-related efforts for the remainder of the President's term, but emphasized the importance of dedicating time to Tesla [4].