Link the moment

You know the thread. Someone posts that Elon just said Tesla will own all the Cybercabs. The replies split into camps, somebody shares a cropped clip, somebody else shares a headline about the clip, and nobody links the moment he actually said it.

Here’s the moment. On Tesla’s October 21 call, a shareholder asked when customers could buy or own a Cybercab. Lars Moravy, Tesla’s VP of vehicle engineering, said Tesla is trying to get Cybercabs to customers by the end of this year, though for now every one built in Texas goes into Tesla’s own Robotaxi fleet. Elon then added that “the vast majority of the Cybercab stuff will be essentially Tesla-owned and transport as a service.” “Vast majority” and “essentially” matter, and so does the answer right before it. The words are one click away.

That gap between the call and the thread is how most people follow Tesla. The company says the most important things about its plans on its earnings calls, on the record. Most people never hear the hour. They get clips and paraphrase, and the caveats are usually the first thing cut.

So we transcribed the last four calls, Q4 2025 through Q3 2026, and put them up free at remount.co/transcripts. One search covers all four. Every paragraph has its own timestamped link, and there’s Markdown and JSON for your AI tools. No signup. The transcripts are machine-assisted, so check the webcast if a single word matters. We checked the key statements against the audio, and every link drops you at the moment.

Read the four calls in a row and you see the story move. By our count, none of the five analyst questions on the January call were about Robotaxi, Cybercab or FSD, even though retail shareholders were already asking. By October, 9 of the 14 were. It’s a hand count, so you could quibble with a question or two, but the direction is clear. Wall Street caught up.

The products moved too. In January, Elon said Tesla expected to start Cybercab production in April, and on April 22 he said it had. Optimus went from a plan in January to what Elon called early production on a high-volume line in Fremont. You can follow capex and FSD subscriptions across the calls the same way.

The story I follow most closely is customer cars joining Tesla’s network. In January, Elon described a way “for existing owners of Teslas to add or subtract their cars to the fleet, kind of like how Airbnb works“. You list your house when you want guests and take it off when you don’t. He was describing the same choice for a car.

By October, that idea had Tesla’s latest estimate on it. Ashok Elluswamy, Tesla’s VP of AI software, said, “We suspect somewhere around Q2 next year is when we can turn on some of the first customer vehicles to be part of the Robotaxi fleet.“ That’s the second quarter of 2027. “Suspect” is his word, and in the same answer he said those cars would need to be part of Tesla’s geofences and fleet management. His answer came just before the Cybercab exchange I opened with. If you want to own one of these machines, read all three answers.

That’s why we built this. We started Remount so everyday people could own the bots that do the work, starting with robotaxis on Tesla’s network. Tesla hasn’t published terms for owners. Until it does, what its executives say on these calls is the closest thing to terms that exists. I’d rather you read Tesla’s words for yourself than take our summary of them.

We’ll add every call from here on. Tesla’s next one is expected around late January, and we’ll post it once we’ve checked it. Until then, the next time a thread argues about what Elon said, link the moment.

Jonas

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Autonomy roundup: the week’s evidence

Tesla’s Cybercab line is running ahead of the robotaxi rollout. On last week’s call, Tesla’s vehicle engineering VP Lars Moravy said Tesla is building Cybercabs “at the rate that the Robotaxi service needs the vehicles,” and in a Munro Live tour of the Texas line posted Monday he said Tesla doesn’t run the line every day because it can run fast enough to outpace deployments. Texas’s automated vehicle lookup listed 463 Cybercabs and 507 Model Ys under Tesla Robotaxi LLC on Monday evening, up from the 349 Cybercabs we cited last week, though a listing is not a car carrying riders. If you hope to own a Cybercab someday, a factory waiting on deployments is a better problem than the reverse. Munro Live, Oct 26 · Drive Tesla Canada, Oct 26 · TxDMV TruckStop (automated motor vehicle lookup)

Tesla took its robotaxis to the Grand Prix, then grew Houston. A rider’s Robotaxi app screenshot on October 22 showed Austin’s service area stretched to Circuit of the Americas for the US Grand Prix, with last call moved to 1am for nearby dropoffs, and on race day Tesla’s Robotaxi account shared a photo of a long line of Cybercabs and Model Ys captioned “Swarm.” On Monday morning the same account announced “Bigger service area now live” in Houston, and Tesla’s map shows the zone now running from the original northwest patch through downtown to Bellaire. Tesla hasn’t said how many rides it gave over the race weekend or whether the track zone will stay. Rider screenshot, Oct 22 · Tesla Robotaxi, Oct 25 · Tesla Robotaxi, Oct 26 · Teslarati, Oct 26

GXO is putting Agility’s Digit humanoids in two more warehouses. GXO and Agility Robotics said Monday that Digit will take on e-commerce fulfillment work at GXO sites in Statesville, North Carolina and Lebanon, Tennessee, with deployments expected to start in early 2027, beginning with Digit 4 and moving to Digit 5 once it’s commercially available. The expansion grows out of the 2024 deal the companies call the first Robots-as-a-Service agreement for humanoids, under which Digit has moved more than 100,000 totes at GXO’s Flowery Branch, Georgia site. Paying for a robot’s work while someone else owns the robot is a split I expect to see a lot more of, in warehouses and on the road. GXO and Agility Robotics via GlobeNewswire, Oct 26

Reader question: what’s the one thing Tesla says on these calls that you want us to track from one call to the next? Reply and tell me.

Read, search or download Tesla’s last four earnings calls, free and with no signup, at remount.co/transcripts.

See how the ownership side of a Cybercab works, line by line: register at remount.co and we’ll send you the dataroom link.

This newsletter is general information, not an offer to sell or a solicitation of an offer to buy any security. Any offering Remount conducts is made only to verified accredited investors through definitive documents under Rule 506(c). Forward-looking statements are estimates, not promises.