Tesla holds ‘all-hands’ meeting in public amid tough quarter

Tesla has mysteriously announced that it is holding an ‘all-hands’ meeting in public live-streamed on X amid a tough quarter.

This is a first for the company.

This is a developing story. Refresh the page for updates.

At around 9:00 PM ET Thursday, Tesla posted a live stream on X with some sound checks titled “all hands meeting Q1 2025”, but it went down shortly after.

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At 9:30PM ET, the stream went live again, but nothing started until 9:57 PM when a video about Tesla’s business started.

This new strategy of holding a surprise public meeting comes at the end of a challenging quarter for Tesla, as the automaker is expected to deliver fewer cars than it had in any quarter in the last 3 years.

• Musk is now on stage:

A “all-hands”, or town hall, is a company-wide gathering where all employees, leaders, and stakeholders discuss company-wide matters, ensuring everyone is on the same page and updated on key information. 

• Musk says that Tesla is the top place to work.
• Musk release safety data:

• Musk says that a better to think about a sustainable economy is “abundance for all.”
• Musk claims that “everyone in the world will be able to get everything they want” – “good or service”.
• He says that AI and robotics are the keys to that – hence why Tesla is working on Optimus.
• Musk claims that Model Y is going to be the best-selling car this year despite having still 3 full quarters to go in the year.
• The CEO jokes about people burning down Tesla vehicles.
• Musk says “people should also buy the Model 3”.
• He again claims that the Cybertruck is bulletproof despite this being a stretch.
• Musk says that Tesla will make “millions of Tesla Semi trucks” and they will be autonomous in the future
• Musk again claims that “autonomous Teslas will be everywhere”. We will have regulatory approval globally in 5 years.
• The CEO again claims that “almost the entire existing fleet is autonomous”
• Musk references the stock market, as Tesla stock is crumbling, and repeated his self-driving claims about increasing value of Tesla vehicles through software updates that will make the cars autonomous.
• Musk literally just said “hold on to your stocks”
• Tesla’s stock is down 40% so far this year.
• Musk talks about Megapacks and Powerwalls. No real new information so far.

• Musk: my predictions have been pretty good.
• The CEO says that he believes Tesla makes the lowest cost per kWh battery cell in the world.
• Musk releases a few manufacturing updates:

• Musk says that Tesla is making progress with Dojo, which had fallen behind. The first version is active, but operating at “5% capacity”.

• Musk says it is a “significant milestone” to see the cars drive themselves at the factory, six years after he said that Tesla would make cross-country trips autonomously.
• Musk claims that Optimus is “the most sophisticated humanoid robot on earth”
• Boston Dynamics posted this yesterday:

• Musk claims that the difference is that Optimus has “real-world AI” even though he started a separate AI company: xAI.
• Musk now takes questions from employees.
• The CEO says that Tesla will make about 5,000 Optimus robots this year – 50,000 in 2026 and start selling them externally in the second of 2026.
• He says that it will be available to Tesla employees first.
• It’s getting pretty boring at this point. I might end this live blog.

Electrek’s Jamie Dow on the live stream: this whole thing is an AI video trained on elon videos from 10 years ago.