As COVID-19 continues to spread throughout parts of the world, conference calls have become a staple in many people’s lives. In the midst of the pandemic last year, Elon Musk stated that video conferencing within a Tesla would “definitely [be] a future feature.” Well, Tesla Model S owner and Mass Luminosity CEO Angel Munoz decided that the future is now.
“Both my wife and I have Teslas. She drives a Model X and I drive a Model S. I just always thought what an incredible piece of real estate is right in the center there,” he told Teslarati. “You know, quite frankly, I’m not going to watch movies in my car, not going to play games in my car—and I’m a gamer. Not interested. But I will do a video conference.”
Munoz happens to be the co-creator of Beacon, a browser-based video and voice conferencing service. He did not initially plan to create Beacon for Tesla, but seemed enticed by the challenge of bringing the service to his car.
Munoz worked closely with Beacon’s Senior VP of Technology Teodor Atroshenko for almost a year to develop Beacon for Tesla. “It didn’t work in the beginning. It didn’t work at all. It took us a while,” he said.
The pair seemed to take a page right out of Elon Musk’s handbook while developing Beacon for Tesla, too. They appear to have gone all out, introducing features and specs to Beacon for Tesla, like 4K ultra high definition, 3D stereo audio, and the ability to transfer calls seamlessly from desktop to phone to Tesla’s infotainment system with a click of a button.
“Teodor and I, we took it as a personal challenge…And we didn’t have to reverse engineer anything,” he explained. “We just had to be aware of how [Tesla] restricts things. And then we created Beacon on the web in a way that it’s immediately accessible by being safe.”
In January 2021, Munoz and Atroshenko made a breakthrough and were able to successfully complete a video conference call in the CEO’s Model S. Beacon for Tesla uses the car’s mics, speakers, and video panel. However, they were not able to access Tesla’s in-cabin camera.
“So right now the way that we have it is that it syncs between the camera on your phone and the call. But we cannot access the [in-cabin] camera without permission,” Munoz stated.
Beacon is open to working with Tesla to bring the full power of its video and audio conferencing service to owners like Munoz himself. He told Teslarati that Beacon for Tesla beta has a tentative launch date set for mid-March 2021.
However, Tesla owners will still be able to use Beacon in their vehicles when it launches. Munoz explained that Tesla owners won’t have to download an app to use Beacon since it is optimized for Chromium browsers, the same engine used for Tesla browsers. So users would just have to log-in to access the service. He noted that Tesla actually saves cookies now so logging into accounts would be easier.
Munoz had one suggestion for Elon Musk about access to browser information in Teslas, though. If Munoz had the chance to talk to Musk he would say:
“Elon, keep that, but make it like you do other things on your Tesla. For example, if you’re going to open the glove compartment…you can make it that it pops a security code that you need to put in or if you want to open your car, you can make a security code. I have both, so do the same for the browser. So, the browser saves that, but before you launch the page, have that security code and then it launches the page. I would love to tell him [Elon] that’s the right way of going about that.”
The Age of the Autonomous Vehicles
Tesla has been dubbed by owners and some experts in the industry as not only the leading EV automaker, but the future leader of autonomous vehicles as well. As a long-time Tesla Model S owner, Munoz seems to understand the future Elon Musk envisions for Tesla with regards to autonomy and the Robotaxi fleet.
“Think about the possibilities. Imagine this. I have a Model 3, and let’s say that autonomous driving becomes a reality—obviously that’s still kinda up in the air,” he said.
“But let’s say that someone is being picked up in a Model 3, and something happens or something, I can call the car and [contact the passenger].” Munoz described other scenarios where an in-car Tesla video conference call would be useful as well.
His examples pointed out that autonomous vehicles would still need some sort of human interaction and communication between the car owner and the passenger. And if there’s anything the pandemic has taught us, it’s that conference calls are a good way to communicate and interact in the absence of physical presence.
The Teslarati team would appreciate hearing from you. If you have any tips, email us at tips@teslarati.com or reach out to me at maria@teslarati.com.
Investor's Corner
Tesla (TSLA) releases first quarter 2025 earnings results
Tesla’s quarter-end cash, cash equivalents and investments stand at a healthy $37 billion.
Tesla’s Q1 2025 earnings were released in an Update Letter, which was posted on the company’s Investor Relations website after markets closed today, April 22, 2025.
Tesla Q1 2025 Deliveries
Tesla’s first quarter vehicle deliveries fell short of expectations, with the EV maker delivering a total of 336,681 vehicles, comprised of 323,800 Model 3/Y and 12,881 other models, worldwide. Vehicle production was at 362,615 units in the first quarter, comprised of 345,454 Model 3/Y and 17,161 other models.
Tesla Energy continued its momentum in Q1 2025, with the division deploying 10.4 GWh of energy storage products during the quarter.
What Wall Street Expects
As noted in a Forbes report, expectations are high that Tesla will report a gain of $0.35 per share on $21.85 billion in revenue, though whisper numbers suggest that the company will only post a gain of $0.31 per share. Analysts polled by FactSet expect Tesla to see an EPS of $0.41 per share on revenues of $21.27 billion, as noted in an Investors’ Business Daily report.
Tesla’s Q1 2025 Results In a Nutshell
Following are highlights of Tesla’s Q1 2025 update Letter:
- Total Revenues: $19.3 billion
- Total automotive revenues: $13.967 billion
- Total GAAP gross margin: 16.3%
- Gross Profit: $3.15 billion
- EPS non-GAAP: $0.27 per share
- Free cash flow: $664 million
Key Updates:
Tesla’s total revenue decreased 9% YoY to $19.3 billion YoY. This was due to a decline in vehicle deliveries, in part due to the new Model Y changeover and reduced vehicle average selling price (ASP), among other factors.
Tesla is still profitable, though operating income decreased 66% YoY to $0.4 billion. This also resulted in a a 2.1% operating margin. Tesla’s profitability in the first quarter was affected by reduced vehicle ASP, a decline in vehicle deliveries, and an increase in operating expenses driven by AI and other R&D projects partially offset by a decrease in SG&A, among other factors.
Tesla’s quarter-end cash, cash equivalents and investments stand at a healthy $37 billion. The sequential increase of $0.4 billion was primarily the result of positive free cash flow of $0.7 billion.
Below is Tesla’s first quarter 2025 Update Letter.
TSLA-Q1-2025-Update by Simon Alvarez
This article is being updated.
News
Tesla is thriving in Japan and outpacing homegrown EVs
Imports, which include vehicles from Tesla and BYD, now claim about 75% of overall EV sales in the country.
Tesla is seeing robust sales in Japan. This was hinted at in data from the Japan Automobile Importers Association’s “others” category, which indicated a 56% yearly increase to 2,120 units in Q1 2025.
Tesla constitutes most of the vehicles in the Japan Automobile Importers Association’s “others” category, as noted in a Nikkei Asia report.
Japan’s Tesla Boom
Car sales by “others” in Japan soared 89% to 1,249 units in March, a monthly high, Nikkei noted. Fueling this surge in vehicle demand seemed to be the rollout of the new Model Y, as well as incentives like a five-year free Supercharging offer for previous-generation Model Y units.
Japan’s overall electric vehicle market, however, shrank 33% to 59,736 units in 2024, comprising under 2% of total auto sales, the lowest among major economies. Imports, which include Tesla and BYD, now claim about 75% of overall EV sales in the country.
Weak Local Competition
One of the reasons behind Tesla’s surge in Japan could be the subpar EVs offered by Japanese automakers. So far, only eight models are available from homegrown automakers, and none could really hold a candle to vehicles like the new Model Y in terms of features and performance.
This was highlighted by the Nissan Leaf, which saw a 32% sales drop to 1,133 units, and the Toyota bZ4X, which saw a 76% drop in sales to just 85 units in the first quarter. Combined, Japanese brands sold a total of 2,063 EVs, less than Tesla’s estimated figures for the quarter.
Yoshiaki Kawano, an analyst at S&P Global, noted that the weak EVs from Japan’s homegrown automakers result in consumers opting for imported vehicles like Teslas. “There are few homegrown EV options, so in some cases people who want to buy EVs reluctantly choose imports,” Kawano stated.
Elon Musk
xAI poised for funding surge as Musk seeks “proper value” for AI startup: report
The report was initially shared by CNBC’s David Faber during a segment on the Faber Report.
During a recent investor call, Elon Musk reportedly hinted at a major valuation adjustment for his artificial intelligence startup, with the Tesla and SpaceX CEO stating that he was looking to put a “proper value” on xAI.
The report was initially shared by CNBC’s David Faber during a segment on the Faber Report.
Investor Call Sparks Speculation
Citing sources who were reportedly involved in the call, Faber noted that while Musk did not specifically state that he was looking to initiate another funding round, his comments about a “proper valuation” for xAI were interpreted by Faber’s sources that xAI may be setting the stage for a notable capital raise in the near future.
“Let me give you some takeaways from the call itself. It was with a number of the companies, the investors in xAI going over a number of important things, that included the closing of the X transaction… Remember, xAI and X are now one company valuing X at $33 billion going in. xAI had a value of as much as $80 billion.
“What I’ve heard is the company is setting up for another capital raise of great significance… But on the call, Musk is quoted as having said, ‘We’re going to put a proper value on the company in reference to xAI,’ and people took that to mean, and again this is speculation, that they will have a large raise,” Faber stated.
xAI’s Growth and Ambitions
Launched in July 2023, xAI introduced its Grok chatbot to challenge Anthropic’s Claude and OpenAI’s ChatGPT. In March, Musk merged xAI with X. “xAI and X’s futures are intertwined,” Musk wrote on X. “Today, we officially take the step to combine the data, models, compute, distribution and talent.”
The merger leverages X’s data to train Grok, boosting xAI’s competitive edge. xAI has also made a lot of headway in the artificial intelligence space, thanks in part to its speed, which allowed it to set up Colossus, a supercomputer cluster comprised of 100,000 GPUs, in just 122 days. Colossus has since been expanded to 200,000 GPUs, and plans are underway to expand the supercomputer even further.
Tesla (TSLA) releases first quarter 2025 earnings results
Tesla is thriving in Japan and outpacing homegrown EVs
xAI poised for funding surge as Musk seeks “proper value” for AI startup: report
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