the big thing you got from tesla last night was they are starting unsupervised fsd, driverless fsd inexas in june. and the market's getting excited about that. how it plays out beyond that remains to be seen. but mark is getting excited about what they're doing. >> let's get more on that from deirdre now. so deirdre we've got elon's bullish target on robotaxis which he sees on the roads in austin in just five months. waymo continues to expand testing of its own vehicles. that's owned by alphabet. of course i'm just kind of unpack the latest news for us. sure. >> and let me start with what dan said. he said yes, tesla has owned the narrative, but elon musk has also over promised and under delivered on robotaxis for years. this year, though, could be the real deal. the self-driving landscape has just evolved so much over the last year, with waymo leading the way in terms of commercialization. there's also been more regulatory policies that have been established. and as dan was saying, tesla's full self-driving or fsd, that is now being deployed with no safety drivers, albeit on private

while it still has major hurdles, there's been progress on full-self driving technology or fsd.rt shows a 1,000 fold improvement in fsd's disengagement ratio last year from version 12.1 to 13. travis has also weighed in, the former ceo and co-founder of uber whom we really haven't heard from publicly since he stepped down in 2017. here he is on what he would be doing if he were still running the company. >> oh, man. we could take the whole hour on this one. i'll keep that one short. of course we're doing the autonomy thing. i'll put that aside. i think elon will take care of that at this point. >> essentially conceding here, kelly, tesla has won since uber sold that business. kelly, too, wall street very divided to kick off 2025. you have goldman adding it to its conviction list while jpm downgrades it because it believes in this threat from robo taxis. >> the comments from kalanick is interesting. is he still associated with the company? >> he is not. he is running his own startup, ghost kitchen. we hadn't heard from him since he left back in 2017. he said many years ago. i thi

the fsd innovation and improvement is happening exponentially.vel as waymo? probably not. annmarie: how far ahead of that is that from where u.s. regulation is? tom: it's approval has to be done more localized, so it would appear -- we don't know how -- but they are doing a service in june in office -- june in austin. perhaps they have regulatory approval. i'm not sure. i don't know how hard that it will be to get the approval in california. annmarie: then your car is state-specific. that makes no sense. tom: your robotaxi. the reliability -- a liability rests with us, the driver. once the liability goes to the car company it is going to be more difficult to him -- to approve. jonathan: what is the june goal? what needs to happen by june? tom: for service with unsupervised fsd. that means no driver in june in austin. paid service. jonathan: what would happen to the stock if that is not achieved? tom: if it is not june but it's july -- jonathan: just keep rolling this forward? tom: if the goalposts change beyond 2025 that is probably a negative. j

it's fsd, full self-driving, unsupervised, getting those robotaxis on the road. was very excited about the optimus robot. i mean, on both accounts, you kind of have some questions, right? fsd unsupervised has been in the cards for long, and i'm really glad if we get close, because then my commute gets easier, my wife's life gets easier, our family life gets easier. that's great, but i'm just not sure how close we really are to have regulators agree to that. and on optimus, you have to say that there are like 25 different robot companies out there that are trying to do exactly that, and tesla is one of them. i don't think success is guaranteed at this point. >> it's a fascinating point you make that you're separating the technology from the regulation. i've talked to regulators. i've talked to car insurance executives about this on and off the record. and the reality is, daniel, even if you build the technology, whether it's allowed or can be insured is a very different animal, is it not? >> absolutely, brian. and i mean, i've covered the european space and i cove

and so far, those fsd take rates are okay, you know, not great.sh on autonomy long term, to be clear. but if you recall the downfall of many communications related stocks in. 2000 was largely due to the fact of businesses failing to justify the significant capex they were building out. so it's really important to know not only how much they're investing, but how viable the business models are. and fsd is an ai business. >> but but the investing does it. >> have you changed your models or the way you thought. >> about think about. >> capex and what this company has to spend and what their margin profile looks like going forward because. >> of this development? >> not yet. i mean, we're a little bit skeptical of all the claims that deep sea has made, as are others. you know, first of all, we don't know exactly what models that we're using underneath the surface, i.e, you know, chatgpt. so we'll wait and see until the dust clears. but we continue to believe strongly that you need a lot of gpus to power them and a lot of power. you know, we cover a lo

the consumer car and robotaxi, so that commonality would reduce costs and we have also fst like -- fsdra based. there is optional front facing radar, but it is purely camera-based and is eyes on. the driver still responds. you cannot let go of driving. ed: mobileye has a broad offering in the theater of autonomous driving robotaxi which specific deployment do we see first? >> the supervision. we are already deployed in china. 90% of the focus of the company is the next generation. it will be on all models of the volkswagen and audi. that is coming up next year and then the chauffeur, which is the level 3 autonomous driving on highways, will come early 2027. ed: you must be speaking with customers and partners about the coming trump administration. how do you think that is going to impact 2025 particularly in north america? >> politics aside, from a policy point of view, it is going to be positive. the problem with the u.s. is there is a patchwork of regulations, state and federal. if the president comes in and puts things in order at the federal level, it could promote autonomous drivi

and using that money to, you know, to ramp up your compute power and your capability around fsd.roduct launches. i think most growth investors would like that. and for that reason, i think the stock could be bid up on that. >> interesting. >> when we're looking at the puts and takes of the year, that could be a real positive if that were to occur. >> by the way, i can't put the hat on, because i was level 1. i can only put on a visor. >> i'll lend you mine. >> john, thank you for your time. john murphy, with bank of america. that's it for us. stay with us. do you have a life insurance policy you no longer need? now you can sell your policy - even a term policy - for an immediate cash payment. call coventry direct to learn more. we thought we had planned carefully for our retirement. but we quickly realized we needed a way to supplement our income. our friend sold their policy to help pay their medical bills, and that got me thinking. maybe selling our policy could help with our retirement. i'm skeptical, so i did some research and called coventry direct. they explained life insur

the fsd and rolling it out to different cities, and hence why you're also seeing negative kind of ripplend lyft this morning as well. >> all right. let's go to meta. another stock that's moving higher this morning. really strong quarter this quarter. but i had some questions about the guidance i mean the mid range of the current quarter guidance was below estimates. no full year guidance. should that be a concern if you're a meta investor. >> yeah i think to a degree. >> but i mean they're typically a little bit conservative on their guide as well. and i think more importantly the quarter itself was just fantastic. they're firing on all cylinders. you know, on the flip side, their operating margins i think were the highest in over five years and more, you know, and ad revenues accelerated versus tough comps. and zuckerberg you know, he's been doing it on his podcast circuit of late as well. he is just his message has been very straightforward. he's keeping it simple. i thought it was very savvy for him to de-risk the capex. you know, last friday when deep seek narrative was starting to d

so yeah, we'll see if fsd actually happens and moves off the movie lot. >> but if the debate. >> is do. >> you own tesla. >> for. >> now or the future? i think the future is winning. as the stock turned around after market on this conference call and is higher now pre-market because i mentioned 13.6%. david, that was the auto gross automotive margin. and that is something to your point. we haven't. >> seen since. >> 2018 taking out the credits, that is that used. >> to be how the stock. >> was judged. that was. >> how the company was judged. clearly, it's. >> all about. >> the future. >> he's very good at at so many things, but certainly at getting people. >> focused on on other areas. we should also mention battery packs. has been a very strong part. >> of the of. >> the overall production there. >> as well. and they're. >> working on addressing what they say is a constraint. >> and. >> think they'll make progress in addressing that constraint. and then things here it is again going to go ballistic next year carl. ballistic. >> oh really. not ludicrous anymore. no really. on to ballis

have to look at who is really eating tesla's lunch, and even if you have the favor of china or get fsdhat market does not matter when china is so advanced and more cheaply priced at this moment. maybe you have to concentrate on american and european markets. sarah: tesla had not refreshed a lot of the models, especially in the u.s.. yes, byd is everywhere in the cars are beautiful and much less expensive. there is that aspect, too. but to the extent that you need to refresh that and you had a massive fresh wave of adoption for people who really wanted in ev, but absent both government help and/or regulation, there is a limit to how many people want a pure ev as a new vehicle or their first vehicle, and you have to make that more palatable. this is where hybrids come in. but just a has to have something a little bit more exciting. at first, it was very exciting, than other people started to get in there, and you lose the first adopters. annmarie: especially they want to hit the cells target they talked about in the fall, 20 percent, 30% for growth and tesla vehicles this year. remains t

it could be something with this new car or fsd take rates increasing.stock is bouncing back by .1%. dani: the biden administration is laying rules like a limit or ban chinese drones in the west over national security concerns. the commerce department seeking comments with the march deadline that will leave any final decision to the incoming trump administration. u.s. lawmakers say two chinese firms control 90% of the global drone market. president biden is awarding seven former u.s. army soldiers and eight public safety officers presidential metals. -- medals. members of the nashville police department and two new york city firefighters are among the recipients of the medal of valor for their courage. rolex has raised prices on some models after gold's value surged last year. the most popular models are 8% were compared to last year. the brand typically raises prices on january 1. price changes usually indicate demand, material labor costs and inflation. jonathan: more from dani in about 30 minutes. up next, the yuan under pressure. >> the path of least

whether that's unsupervised fsd, which elon spent a lot. >> of time talking about.i, you. >> really need. >> to believe. >> that all those things sort of work for. tesla to get comfortable with. >> the stock. price and our. >> ai models. >> that intelligent alpha just aren't there yet. >> gotcha. doug. got to leave it there. i appreciate the time this morning. thank you. >> thanks, mike. >> okay. meantime, joining us right now is we were going to go to billy nolan. but right now a press conference is taking place right near the potomac after the tragic events of last night. i want to get straight over to that press conference. they're beginning to speak in just moments. but it appears the press conference has yet to begin. but of course, so many questions. >> about what? good morning. i'm muriel bowser. i'm the mayor of washington, d.c. we are here at reagan national airport to provide an update on the tragic events of last night. i'm joined by u.s. transportation secretary sean duffy. d.c. fire ems chief john john donnelly. american airlines ceo robert isom. the mw