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Elon Musk and Joe Rogan go Round 3 in new podcast interview

Credit: Joe Rogan Experience | Spotify

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Tesla CEO Elon Musk joined Joe Rogan for round 3 in a new episode of the Joe Rogan Experience. The third interview between Musk and Rogan was uploaded to Spotify on Thursday.

Musk and Rogan covered a variety of topics, all of which were related to the development of the CEO’s numerous projects that are aimed toward developing sustainable energy, revolutionizing passenger transportation, and the prospect of providing humans the option of life on other planets.

In the previous episodes, Rogan and Musk talked about a wide variety of subjects, and the third appearance was no different. Rogan seemed extremely interested in getting information from Musk regarding Tesla’s upcoming product launches, including the next-gen Roadster and Cybertruck. Additionally, the two also talked about SpaceX, Starlink, and some of Musk’s other projects outside of electric vehicle development.

SpaceX

Interestingly, Rogan indicated that he has never watched a SpaceX rocket land and has relatively no knowledge of what goes into Musk’s company’s development of rockets. However, Musk did cover some tidbits related to the design and development of SpaceX rockets, including the fact that he requested Starship’s tip be pointy because of the Sasha Baron Cohen film, The Dictator.

Musk also detailed SpaceX’s mission to Rogan, along with the need to constantly retrieve data from the company’s frequent launches.

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“We’re trying to make life multi-planetary. We’re trying to extend life beyond Earth. In order to do that, you have to have high tonnage to Mars. That means you need a big rocket, and you need to fly a lot.”

Tesla

Musk detailed the upcoming release of the Roadster, along with the possibility of it hovering when the car is paired with the SpaceX package. The current issue is that figuring out how to make the vehicle hover is not easy, obviously. However, Tesla may need to limit the height at which the vehicle can hover, along with the duration of time it can remain off of the ground. Safety is of utmost importance to Musk as he indicated it would be most responsible to limit the altitude and duration of time spent above the ground.

“I want it to hover. I’m trying to figure out how to make this thing hover, without, you know, killing people. I thought, maybe we could make it hover, but not too high. So maybe it could hover, like, a meter above the ground, or something. So, if you plummet, you blow out the suspension, but you’re not going to die. Maybe, I don’t know, six feet. If we put a height limit on it, it will probably be fine.”

Musk acknowledges that this may ultimately not be possible, but there will be cold-gas thrusters located behind the license plate for some of the fastest acceleration rates ever available on a vehicle.

Musk said:

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“At a minimum, I’m confident we could do a thruster where the license plate flips down, James Bond-style, and there would be a rocket thruster behind it, and that gives you three tons of thrust.”

Elon Musk details Tesla Roadster hovering capability with Joe Rogan

Additionally, details regarding the Cybertruck’s design revisions were also offered by the Tesla CEO during the interview. Musk already indicated that the Cybertruck design has been finalized during the Q4 2020 Earnings Call. However, the car was subjected to size reductions of “around 3%.”

Musk said:

“That’s pretty much what it [the Cybertruck] will look like, with very small differences. You know, we adjusted the size a few percent. Like around 3% or smaller. You don’t want it to be a couple of inches too big for the tunnel.”

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Production is expected to begin in limited quantities later this year, with volume production beginning “hopefully” in 2022, Musk said.

Tesla Cybertruck makes a tight squeeze through Boring Company tunnel

Musk also detailed some early design ideas that could be applied to the Tesla electric van, if it eventually becomes a produced vehicle. Musk stated during the recent Earnings Call that Tesla would likely produce one in the future. Tesla could also equip the van with solar panels due to a van’s flat and large surface area. Musk estimates that 30 additional miles of range could be given every day with the design, if it ever comes to fruition.

Musk told Rogan:

“Now, a van, because you have a big, flat area, that’s actually where solar could start to make a little more sense. You know, because you have a lot of area. You could also have, maybe, a roof where it is solar, and then, when it is stationary, [the roof] goes out and provides shade, and maybe triples your area or something like that. Now, you triple the area, and you have a big, flat surface, you could maybe start charging enough where you start getting like 30 miles a day.”

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The full episode of Musk’s third interview with Joe Rogan is available on Spotify here.

 

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Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

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Tesla gets price target increase on Wall Street, but it’s a head-scratcher

Delaney’s price target on Tesla shares went up to $395 from $300. Currently, Tesla is trading between $420 and $430, making the new price target from Goldman Sachs a bit of a head-scratcher.

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Credit: Cybertruck | X

Tesla (NASDAQ: TSLA) received a price target increase from a Wall Street analyst today, who noted in his report that the company’s shares could rise or fall based on its execution in robotics and autonomy.

However, the price target boost still fell below Tesla’s current trading levels.

Mark Delaney of Goldman Sachs said in a note to investors today that Tesla has a significant opportunity to solidify itself as one of the stable and safe plays in the market if it can execute on its two key projects: humanoid robots and autonomy.

In the note, Delaney said:

“If Tesla can have [an] outsized share in areas such as humanoid robotics and autonomy, then there could be upside to our price target.”

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Delaney’s price target on Tesla shares went up to $395 from $300. Currently, Tesla is trading between $420 and $430, making the new price target from Goldman Sachs a bit of a head-scratcher.

He went on to say that Tesla could also confront outside factors that would limit the stock’s ability to see growth, including competition and potentially its own lack of execution:

“…although if competition limits profits (as is happening with the ADAS market in China) or Tesla does not execute well, then there could be downside.”

The note is an interesting one because it seems to point out the blatantly obvious: if Tesla performs well, the stock will rise. If it doesn’t, the stock price will decline.

We discussed yesterday in an article that Tesla is one of the few stocks out there that does not seem to be influenced by financials or anything super concrete. Instead, it is more influenced by the narrative currently surrounding the company, rather than the technicals.

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Tesla called ‘biggest meme stock we’ve ever seen’ by Yale associate dean

Tesla’s prowess in robotics and autonomy is strong. In robotics, it has a very good sentiment following its Optimus project, and it has shown steady improvement with subsequent versions of the robot with each release.

On the autonomy front, Tesla is expanding its Robotaxi platform in Austin every few weeks, and also has a sizeable geofence in the Bay Area. Its Full Self-Driving suite is among the most robust in the world and is incredibly useful and accurate.

The company can gain significant value if it continues to refine the platform and eventually rolls out a driverless or unsupervised version of the Full Self-Driving suite.

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Tesla addresses door handle complaints with simple engineering fix

“We’ll have a really good solution for that. I’m not worried about it.”

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Tesla Model S self-presenting door handle
Tesla Model S self-presenting door handle (Credit: TesBros)

Tesla is going to adjust one heavily scrutinized part of its vehicles after recent government agencies have launched probes into an issue stemming from complaints from owners.

Over the past few days, we have reported on the issues with Tesla’s door handle systems from both the Chinese and American governments.

In China, it dealt with the Model S, while the United States’ National Highway Traffic Safety Administration (NHTSA) reported nine complaints from owners experiencing issues with 2021 Model Ys, as some said they had trouble entering their car after the 12V battery was low on power.

Bloomberg, in an interview with Tesla Chief Designer Franz von Holzhausen, asked whether the company planned to adjust the door handle design to alleviate any concerns that regulatory agencies might have.

Regarding the interior latch concerns in the United States:

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  • Von Holzhausen said that, while a mechanical door release resolves this problem, Tesla plans to “combine the two” to help reduce stress in what he called “panic situations.”
  • He also added that “it’s in the cars now…The idea of combining the electronic and the manual one together in one button, I think, makes a lot of sense.” Franz said the muscle memory of reaching for the same button will be advantageous for children and anyone who is in an emergency.

Regarding the exterior door handle concerns in China:

  • Von Holzhausen said Tesla is reviewing the details of the regulation and confirmed, “We’ll have a really good solution for that. I’m not worried about it.”

The new Model Y already has emergency mechanical door release latches in the back, but combining them in future vehicles seems to be an ideal solution for other vehicles in Tesla’s lineup.

It will likely help Tesla avoid complaints from owners about not having an out in the event of a power outage or accident. It is a small engineering change that could be extremely valuable for future instances.

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Elon Musk calls out viral claim of 10,000 Tesla Optimus deal: “Fake”

For now at least, Tesla seems determined to focus on the development of Optimus V3.

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Credit: Tesla Optimus/X

Elon Musk has provided some clarification to recent reports suggesting that PharmAGRI, a US pharmaceutical and agricultural infrastructure company, is looking to deploy 10,000 Optimus robots for its operations.

Musk posted his clarification on social media platform X.

Alleged Optimus purchase

Recently, reports emerged stating that PharmAGRI Capital Partners will be tapping into Tesla’s humanoid robots for its operations. The firm claimed that it had executed a Letter of Intent with Tesla to deploy up to 10,000 Optimus Gen 3+ humanoid robots across its SuperPharm and CEA facilities. This should allow the company to automate its labor and ensure diversion control.

A comment from Lynn Stockwell, Chairwoman & CEO, suggested that the company really was partnering with Tesla. “With Tesla robotics powering our facilities and DEA-licensed infrastructure in place, we can scale with precision, meet federal sourcing mandates, and deliver therapies that are compliant, secure, and American-made,” she said. 

Elon Musk clariies

News of PharmAGRI’s Optimus claims quickly spread on social media, though some Tesla watchers argued that it seemed unlikely that the EV maker will commit two legions of Optimus robots to a rather unknown company this early. Some pointed out that Tesla typically commits to high-profile customers to test its early products, such as PepsiCo with the Tesla Semi. 

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Photos from PharmAGRI’s website depicting Tesla Optimus bots, as well as the rather basic look of the website itself, also brought more reservations to the company’s claims. Ultimately, Elon Musk weighed in on the matter, responding to a post about PharmAGRI’s Optimus-filled webpage. Musk was quick and direct, simply stating, “Fake.”

Elon Musk’s comments were quite unsurprising considering that Optimus is still very much in active development, and thus, it is quite unlikely that the company is already taking orders or even Letters of Intent from potential customers at this time. For now at least, Tesla seems determined to focus on the development of Optimus V3, which Musk has noted will be “sublime.”

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