Ride the Lightning: Tesla Motors Unofficial Podcast cover image

Ride the Lightning: Tesla Motors Unofficial Podcast

Episode 456: A New “Model 2”! Tesla Q1 Earnings Call Highlights and Analysis

Apr 28, 2024
Highlights from the Tesla earnings call include a new affordable vehicle, price cuts on Full Self-Driving, the Model 3 Performance launch, and a new paint option for the Model Y. Discussion on FSD pricing strategy, Cybertruck impact, Model 3 performance, Tesla's future plans, Model 2.5 unveiling, advancements in AI infrastructure, 4680 battery production, and evolution of self-driving cars.
01:59:07

Podcast summary created with Snipd AI

Quick takeaways

  • Tesla plans to launch a new low-cost vehicle sooner, optimize production lines for Cybertruck, leverage existing capacity for affordable cars.
  • Autonomous vehicle laws evolving in states, regulatory approval for FSD expected based on safety statistics, envisioning seamless autonomous transportation experiences.

Deep dives

4680 Battery Cell Production Increase

In Q1, the 4680 production increased by about 18-20%, reaching over 1,000 units per week for the Cybertruck, equivalent to about 7 gigawatt hours per year. The third of four production lines is being ramped up, maintaining multiple weeks of salamatory and continuously improving yield rates.

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