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Tesla Chief Designer delivers speech at CA State Capitol, pledges support of 5M EV goal by 2030
Tesla Chief Designer Franz von Holzhausen recently delivered an address at California’s State Capitol last week. The renowned designer discussed Tesla’s roots in California, its mission to accelerate the world towards sustainable energy, and the company’s plan to help the state reach its goal of having 5 million zero-emission vehicles on the road by 2030.
The video of Franz’s speech was uploaded by Tesla-themed YouTube channel My Tesla Adventure. As noted by the YouTube channel’s host, Eli, the purpose of the event was to let the legislature know what is going on with Tesla and its electric vehicles, as well as to offer test rides to the public. In an emailed statement to Teslarati, Eli stated that people’s reaction to the electric car was one of pleasant surprise, particularly with the vehicle’s range and short charging times.
Franz’s discussion focused on Tesla’s progress as an electric car company over the years and how it intends to support California’s initiatives for sustainable transportation. Franz even noted that with Tesla’s help, CA could achieve its 5-million EV goal sooner than 2030.
“Sustainable is at the heart of everything that we do, so we want to thank you for your support. We also want to thank the governor for his vision on climate change and clean air policy. The governor’s goal of 5 million zero-emission vehicles in California on the roads by 2030, it’s not only achievable, we’re (Tesla) gonna to help make that happen – day by day – and if we build on these successful policies and programs adopted by the legislature in this administration, we can achieve that sooner than 2030.”
California Governor Jerry Brown signed an executive order earlier this year ordering state entities to work with the private sector to put 5 million electric vehicles on the road by 2030. The order states that the transportation sector accounts for 50% of the state’s greenhouse gas emissions and 80% of smog-forming pollutants. The governor wants to increase zero-emission vehicles in order to meet California’s climate goals set in its 2017 climate plan.
Apart from discussing Tesla’s commitment to contributing to CA’s zero-emissions goal for 2030, von Holzhausen also talked about how Tesla is positively impacting communities because of their employees. According to the electric car designer, Tesla is now the leading electric vehicle plant in the world, employing more than 10,000 people in the state and contributing $5 billion to the economy. Ultimately, however, von Holzhausen stated that employees are at the core of Tesla.
“It’s our employees that are at the core of what we do and you can’t find a more passionate mission-driven set of people anywhere else, probably in the world,” he said.
Holzhausen also echoed Musk’s Master Plan for Tesla during his address, stating that Tesla’s mission is to ultimately accelerate the world’s transition to sustainable energy, and that the company will do it one car at a time.
Ultimately, Tesla has shown its willingness to commit to more than just electric cars. The company’s energy division alone is involved in accelerating the transition to sustainable energy in other countries. In Puerto Rico, Tesla is using its Powerwall and Powerpack battery solutions as a means to help the island nation get back on its feet. In South Australia, Tesla’s Powerpack farm is consistently proving its worth by helping the region’s beleaguered energy grid.
Holzhausen joined Tesla in 2006 and became the Chief Designer in 2010. He is responsible for designing the Model S, X, and 3, as well as the new Roadster and Tesla Semi. Before joining Tesla, Holzhausen worked on vehicles such as the Pontiac Solstice and Volkswagen Beetle.
Watch Franz’s speech at the CA State Capitol in the video below.
Tesla engineers deflected calls from Apple on a daily basis while the tech giant was developing its now-defunct electric vehicle program, which was known as “Project Titan.”
Back in 2022 and 2023, Apple was developing an EV in a top-secret internal fashion, hoping to launch it by 2028 with a fully autonomous driving suite.
However, Apple bailed on the project in early 2024, as Project Titan abandoned the project in an email to over 2,000 employees. The company had backtracked its expectations for the vehicle on several occasions, initially hoping to launch it with no human driving controls and only with an autonomous driving suite.
Apple canceling its EV has drawn a wide array of reactions across tech
It then planned for a 2028 launch with “limited autonomous driving.” But it seemed to be a bit of a concession at that point; Apple was not prepared to take on industry giants like Tesla.
Wedbush’s Dan Ives noted in a communication to investors that, “The writing was on the wall for Apple with a much different EV landscape forming that would have made this an uphill battle. Most of these Project Titan engineers are now all focused on AI at Apple, which is the right move.”
Apple did all it could to develop a competitive EV that would attract car buyers, including attempting to poach top talent from Tesla.
In a new podcast interview with Tesla CEO Elon Musk, it was revealed that Apple had been calling Tesla engineers nonstop during its development of the now-defunct project. Musk said the engineers “just unplugged their phones.”
Musk said in full:
“They were carpet bombing Tesla with recruiting calls. Engineers just unplugged their phones. Their opening offer without any interview would be double the compensation at Tesla.”
Interestingly, Apple had acquired some ex-Tesla employees for its project, like Senior Director of Engineering Dr. Michael Schwekutsch, who eventually left for Archer Aviation.
Tesla took no legal action against Apple for attempting to poach its employees, as it has with other companies. It came after EV rival Rivian in mid-2020, after stating an “alarming pattern” of poaching employees was noticed.
There are a lot of Tesla bulls out there who have astronomical expectations for the company, especially as its arm of reach has gone well past automotive and energy and entered artificial intelligence and robotics.
However, some of the most bullish Tesla investors believe the company could become worth $100 trillion, and CEO Elon Musk does not believe that number is completely out of the question, even if it sounds almost ridiculous.
To put that number into perspective, the top ten most valuable companies in the world — NVIDIA, Apple, Alphabet, Microsoft, Amazon, TSMC, Meta, Saudi Aramco, Broadcom, and Tesla — are worth roughly $26 trillion.
Will Tesla join the fold? Predicting a triple merger with SpaceX and xAI
Cathie Wood of ARK Invest believes the number is reasonable considering Tesla’s long-reaching industry ambitions:
“…in the world of AI, what do you have to have to win? You have to have proprietary data, and think about all the proprietary data he has, different kinds of proprietary data. Tesla, the language of the road; Neuralink, multiomics data; nobody else has that data. X, nobody else has that data either. I could see $100 trillion. I think it’s going to happen because of convergence. I think Tesla is the leading candidate [for $100 trillion] for the reason I just said.”
Musk said late last year that all of his companies seem to be “heading toward convergence,” and it’s started to come to fruition. Tesla invested in xAI, as revealed in its Q4 Earnings Shareholder Deck, and SpaceX recently acquired xAI, marking the first step in the potential for a massive umbrella of companies under Musk’s watch.
SpaceX officially acquires xAI, merging rockets with AI expertise
Now that it is happening, it seems Musk is even more enthusiastic about a massive valuation that would swell to nearly four-times the value of the top ten most valuable companies in the world currently, as he said on X, the idea of a $100 trillion valuation is “not impossible.”
It’s not impossible
— Elon Musk (@elonmusk) February 6, 2026
Tesla is not just a car company. With its many projects, including the launch of Robotaxi, the progress of the Optimus robot, and its AI ambitions, it has the potential to continue gaining value at an accelerating rate.
Musk’s comments show his confidence in Tesla’s numerous projects, especially as some begin to mature and some head toward their initial stages.
Elon Musk
Celebrating SpaceX’s Falcon Heavy Tesla Roadster launch, seven years later (Op-Ed)
Seven years later, the question is no longer “What if this works?” It’s “How far does this go?”
When Falcon Heavy lifted off in February 2018 with Elon Musk’s personal Tesla Roadster as its payload, SpaceX was at a much different place. So was Tesla. It was unclear whether Falcon Heavy was feasible at all, and Tesla was in the depths of Model 3 production hell.
At the time, Tesla’s market capitalization hovered around $55–60 billion, an amount critics argued was already grossly overvalued. SpaceX, on the other hand, was an aggressive private launch provider known for taking risks that traditional aerospace companies avoided.
The Roadster launch was bold by design. Falcon Heavy’s maiden mission carried no paying payload, no government satellite, just a car drifting past Earth with David Bowie playing in the background. To many, it looked like a stunt. For Elon Musk and the SpaceX team, it was a bold statement: there should be some things in the world that simply inspire people.
Inspire it did, and seven years later, SpaceX and Tesla’s results speak for themselves.
Today, Tesla is the world’s most valuable automaker, with a market capitalization of roughly $1.54 trillion. The Model Y has become the best-selling car in the world by volume for three consecutive years, a scenario that would have sounded insane in 2018. Tesla has also pushed autonomy to a point where its vehicles can navigate complex real-world environments using vision alone.
And then there is Optimus. What began as a literal man in a suit has evolved into a humanoid robot program that Musk now describes as potential Von Neumann machines: systems capable of building civilizations beyond Earth. Whether that vision takes decades or less, one thing is evident: Tesla is no longer just a car company. It is positioning itself at the intersection of AI, robotics, and manufacturing.
SpaceX’s trajectory has been just as dramatic.
The Falcon 9 has become the undisputed workhorse of the global launch industry, having completed more than 600 missions to date. Of those, SpaceX has successfully landed a Falcon booster more than 560 times. The Falcon 9 flies more often than all other active launch vehicles combined, routinely lifting off multiple times per week.
Falcon 9 has ferried astronauts to and from the International Space Station via Crew Dragon, restored U.S. human spaceflight capability, and even stepped in to safely return NASA astronauts Butch Wilmore and Suni Williams when circumstances demanded it.
Starlink, once a controversial idea, now dominates the satellite communications industry, providing broadband connectivity across the globe and reshaping how space-based networks are deployed. SpaceX itself, following its merger with xAI, is now valued at roughly $1.25 trillion and is widely expected to pursue what could become the largest IPO in history.
And then there is Starship, Elon Musk’s fully reusable launch system designed not just to reach orbit, but to make humans multiplanetary. In 2018, the idea was still aspirational. Today, it is under active development, flight-tested in public view, and central to NASA’s future lunar plans.
In hindsight, Falcon Heavy’s maiden flight with Elon Musk’s personal Tesla Roadster was never really about a car in space. It was a signal that SpaceX and Tesla were willing to think bigger, move faster, and accept risks others wouldn’t.
The Roadster is still out there, orbiting the Sun. Seven years later, the question is no longer “What if this works?” It’s “How far does this go?”
Tesla engineers deflected calls from this tech giant’s now-defunct EV project
Tesla to a $100T market cap? Elon Musk’s response may shock you
