PR Pushback, China Sales, Whistleblower, Cybertruck, Megapack, Panasonic (12.12.23)
Dec 13, 2023
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Tesla pushes back on Autopilot report, China sales updates, whistleblower adds to prior claims, early Cybertruck owner shares thoughts, Tesla expands to new country, Tesla shares Megapack uptime, Panasonic announces Sila partnership
Tesla's Giga Shanghai production reached a record high in November, contributing to positive sales growth in China.
Tesla responded to a critical report on autopilot by emphasizing driver responsibility and dispelling claims about system restrictions.
Deep dives
Tesla's China Numbers and Production Milestones
Tesla's insured vehicle numbers for the last week in China declined slightly, but still showed positive growth compared to previous quarters. With a few weeks left in the current quarter, Tesla is on track to set a quarterly record for insured vehicles. Giga Shanghai production for November reached a record high of 90,800 vehicles, with the Model 3 and Model Y both contributing to the numbers. The article also highlights China's retail and domestic sales and exports, which align with the insights from insured vehicle data.
Tesla Pushes Back Against Autopilot Criticisms
Tesla responded to a media report from the Washington Post that criticized Tesla's autopilot system. Tesla countered the report, emphasizing that drivers are responsible for operating vehicles safely, even with autopilot activated. They also clarified that autopilot restricts vehicle speed based on the road type, dispelling claims that Tesla should be held responsible for accidents caused by drivers overriding the system's restrictions. Tesla's pushback aimed to provide context and counterpoints to the Washington Post article while defending the safety and functionality of autopilot.
Updates on Whistleblower Allegations and Battery Technology
Reports surfaced regarding a whistleblower who had allegedly accessed and shared data from Tesla in Norway. Recently, the whistleblower expressed concerns to the UK's information commissioner's office about potential data access risks in China or Russia. However, the reports could not confirm whether employees in China had actually accessed the data. Additionally, Panasonic announced a partnership with CELA nanotechnologies to enhance the energy density of EV batteries with next-generation nano composite silicon anode material, indicating their commitment to achieving a 25% increase in battery energy density by 2031.
➤ Tesla pushes back on Autopilot report from the Washington Post ➤ November CPI ➤ China sales updates ➤ Whistleblower adds to prior claims ➤ Early Cybertruck owner shares thoughts ➤ Tesla expands to new country ➤ Tesla shares Megapack uptime ➤ Panasonic announces Sila partnership
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Executive producer Jeremy Cooke Executive producer Troy Cherasaro Executive producer Andre/Maria Kent Executive producer Jessie Chimni Executive producer Michael Pastrone Executive producer Richard Del Maestro Executive producer John Beans Music by Evan Schaeffer
Disclosure: Rob Maurer is long TSLA stock & derivatives
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