Ron Baron Teases $25k Tesla, Shows Off Cybertruck, China Supercharging Partnership (11.10.23)
Nov 11, 2023
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Guest Ron Baron discusses $25k Tesla timeline and shows off Cybertruck at conference. Other topics include updates on Cybertruck event, SAIC-GM partnership for Supercharger network in China, rise of US EV market share, Tesla's Supercharging incentives, Giga Berlin lobby video, new giga press, Elon Musk biopic, and UAW comments.
Tesla's upcoming $25,000 car has the potential to revolutionize the market by offering an affordable price point.
Tesla's partnership with SAIC GM in China will expand the supercharging network to other electric vehicles, improving accessibility and convenience.
Deep dives
Ron Barron's comments on Tesla's next generation vehicle
Ron Barron expressed optimism about Tesla's upcoming $25,000 car, stating that it will be a game-changer when it comes to selling cars at a more affordable price. He mentioned a timeline of about a year or year and a half for the release, though it's unclear if this refers to actual sales or just the concept unveiling. These comments align with the developments seen at Gigafactories and Joe Tagmeyer's Fly River videos.
Tesla partners with SAIC GM for supercharging network integration in China
Tesla has entered a partnership with SAIC GM to integrate the supercharging network in China, allowing other electric vehicles to access and use the network. This integration focuses on mobile apps and navigation within the vehicles, similar to Tesla's own vehicles.
Increase in EV market share in the US
The recent data from Experience for EV market share in the US reveals an increase to 7.4% of the market. This growth shows a 61% increase in EV registrations year-over-year. Tesla maintains its dominant position with a 57.4% market share, outselling all other EV companies combined, although its market share has declined slightly from the previous year.
➤ Ron Baron discusses $25k Tesla timeline, shows off Cybertruck at conference ➤ Tesla completes Cybertruck event drawing ➤ More Cybertrucks at Giga Texas ➤ Tesla reportedly sets up embargoed Cybertruck reviews ➤ Tesla adds SAIC-GM to Supercharger network in China ➤ US EV share rises slowly ➤ Tesla adds Supercharging incentive to referrals ➤ Giga Berlin lobby video ➤ New 16,000T giga press ➤ Elon Musk biopic in the works ➤ UAW comments ➤ Calendar ➤ Starship test flight update
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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
Disclosure: Rob Maurer is long TSLA stock & derivatives
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