Elon Musk
Chief Executive Officer at Tesla
Oh, thank you.
So to recap, someone's seen -- something that we're in the industry. I've seen year-over-year declines in order volumes in Q3. Tesla at the same time has achieved record deliveries. In fact, I think if you look at, EV companies, worldwide to the best of my knowledge, no EV company is even profitable. And I'm not, I to the best of my knowledge, there was no EV division of any company, of any existing auto company that is profitable.
So it is notable that Tesla is profitable despite a very challenging automotive environment. And this quarter actually is a record Q3 for us. So we produced our 7-millionth vehicle actually just yesterday. So congratulations to the teams that made it happen in Tesla. That's staggeringly immense amount of work to make 7 million cars.
So, let's see. And we also have the energy storage business is growing like wildfire, with strong demand for both Megapack and Powerwall. And as you will know, on October 10th, we laid out a vision for an autonomous and look for future that I think is very compelling. So, the Tesla team did a phenomenal job there with actually giving people an opportunity to experience the future, where you have humanoid robots walking among the crowd, not with the can do video presentation or anything, but literally walking among the crowd, serving drinks and whatnot.
And we had 50 autonomous vehicles. There were 20 Cybercabs, but there were an additional 30 Model Y's operating fully autonomously the entire night, carrying thousands of peoples straight with no incidents the entire night. So -- and for those who went there that -- it's worth emphasizing that these the Cybercab had no steering wheel or brake or accelerator pedals. Meaning, there was no -- there's no pass -- there was no way for anyone to intervene manually even if they wanted to. And the whole night went very smoothly.
So, regarding the vehicle business, we are still on track to deliver more affordable models starting in the first half of 2025. This is I think probably people are wondering what should they assume for vehicle sales growth next year. And at the risk of -- to take a bit of risk here, I do want to give some rough estimate, which is I think it's 20% to 30% vehicle growth next year. Notwithstanding negative external events, like if there's some force majeure events, like some big war breaks out or interest rates go sky high or something like that, then we can't overcome massive force majeure events. But I think with our lower cost vehicles with the advent of autonomy something like a 20% to 30% growth next year is my best guess.
And then Cybercab reaching volume production in '26. I do feel confident of Cybercab reaching volume production in '26. So just starting production, reaching volume production in '26. And that's -- that should be substantial both. We were -- and we're aiming for at least 2 million units a year of Cybercab. That'll be in more than one factory, but I think it's at least 2 million units a year, maybe 4 million ultimately.
So, yeah, these are just my best guesses, but if you ask me my best guesses, that those are my best guesses. The cell 4680 lines, the team is actually doing great work there. The 4680 is rapidly approaching the point where it is the most competitive set. So when you consider the fully landed -- the cost of a battery pack, fully landed in the U.S. net of incentives and duties, the 4680 is tracking to be the most competitive. Meaning lower cost spectrum and what are fully considered than any other alternative. We're not quite there yet, but we're close to being there, which I think is, extremely exciting. And we've got several -- a lot of ideas to go well beyond that. So if I think there's -- if we execute well, the 4680 will have the -- Tesla internally produced cell will be the most cost competitive cell into the North America, a testament to a tremendous amount of hard work there from by the team.
So that's a rule. We'll continue to buy a lot of cells from our competitors. Our intent is not to make -- to provide to make cells just internally. So I don't want to set off any alarm bells here. We're also increasing substantially our vehicle output and our stationary storage output. So we need a lot of cells. And most of them will still come from suppliers, but I think it is some good news that the Tesla internal cell, is likely is tracking to be the most competitive in the U.S.
So with respect to autonomy, as people are experiencing in the cars, really from week-to-week, there are significant improvements in the miles between interventions. So with the new version 12.5, release of full self-driving Cybertruck, the edit the combining the code into a single stack so that the, city driving and the engine and highway driving are one stack, which is a bigger burden for the highway driving. So it's just all neural nets.
And the release of Actually Smart Summon. We're trying to have a sense of humor here at death. And we're also -- so that that's 12.5. Version 13 of FSD is going out soon. Ashok will elaborate more on that later in the call. We expect to see some roughly a five- or six-fold improvement in miles between interventions compared to 12.5. And looking at the year as a whole, the improvement in miles between interventions, we think will bring at least three orders of magnitude.
So that's a very dramatic improvement in the course of the year. And we expect that trend to continue next year. So, the current internal expectation -- I'm sorry internal expectation for the Tesla FSD having longer miles between interventions and human is the second quarter of next year, which means it may end up being the third quarter, but it's next it seems extremely likely to be next year.
Ashok. Do you want to add anything else?
