FULL INTERVIEW: Elon Musk on AI, Robots, Tesla, China, … — Transcript

That was not a, that was not a large applause. Start again.

That's better. Thank you.

Yeah. We're gonna make this interesting.

How many, how many quotes are you gonna want that are gonna be after this session?

Uh, I don't know. I mean, five.

Okay.

Okay.

So, uh, good afternoon, everyone. It's great to see everybody here.

Uh, it's been an amazing week here in Davos.

Um, hopefully everybody saw that we are having conversations here. Hopefully everybody agrees.

There are some conversations that we may disagree. There's many conversations we may have agreed.

But through those conversations, and I think today's result with a peace agreement earlier today, um, the World Economic Forum is here to have those conversations, to have understandings, and also resolution. So, um, uh, it's an important component of who we and what we are, and I'm thrilled,

uh, to have Elon Musk here. Um, he came all the way from California to be here to see all of you.

So, uh, thank you, Elon.

Ah, you're most welcome.

Um,

I mean, I heard about, uh, I heard about the formation of the, the, the peace summit.

And I was like, is that, uh, is that P-I-E-C-E? Uh,

(laughs)

You know, a little piece of Greenland, a little piece of Venezuela.

We got one.

Two.

Only one.

All we want is peace.

Okay, I'm gonna, uh, as I said, I'm a pretty proud, uh, CEO of BlackRock. Since we went public, um, uh, the compounding return of BlackRock to our shareholders was 21%. Uh, since Elon took Tesla public, his compounded return is 43%.

This is, I just another advertisement for everybody, especially for Europeans.

This is why more citizens should be investing with growth, investing with your countries. Imagine if a lot of pension funds

invested with Elon when Tesla went public, and how much return with the all the pension funds that invested side by side with Elon and the growth. So,

um, a spectacular return. There's very few companies, well, I don't think there's any other company as large as Tesla today that has that compounded return. So, congratulations.

Oh, thank you.

It's a good measurement.

Well, we have an incredible team at Tesla, and that's the reason.

So, I want to get into, uh, the dirt, the, the meaningful component about technology, the possibilities.

Um, I want to talk about AI and robotics, energy, space, and the progress ultimately coming down to engineering,

engineering discipline, scale, execution.

Um, and few, few people, if not anyone, has the experience and the fortitude to confront these issues head-on.

Not just the ideas, but the execution across so many different technologies, Elon.

And that's why I thought it was important for us to have this dialogue here, uh, in Davos.