New Cybertruck Details, Highland Updates, China Records, EV Credits (01.03.24)
Jan 4, 2024
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Guests include Jefferies, BYD, Ford, FSD Beta, Optimus engineer, and Musk. Topics include new Cybertruck details, Q4 records in China, vehicle deliveries, F-150 Lightning price increase, FSD Beta v12.1 impressions, progress on Autopilot and Optimus engineering, and Musk's comments on Tesla valuation and holding the company.
The Cyber Truck has a peak charging speed of 255 kilowatts and can charge from 14% to 80% in about 40 minutes, making it a highly American vehicle with 65% of its parts from the US or Canada.
Tesla's Q4 performance in China saw a 26% increase in insured vehicles and wholesale sales figures reached 94,139 vehicles in December, although BYD surpassed Tesla as the highest BEV seller in the world.
Deep dives
Cyber Truck details revealed by Initial Owners
The podcast episode discusses new details on the Cyber Truck that have been revealed by initial owners. These details include insights on the charge curve, with peak charging speed reaching 255 kilowatts, and the overall charging time from 14% to 80% taking about 40 minutes. The Monroni sticker, which is required for new vehicles, confirms that 65% of the parts in the Cyber Truck are from the US or Canada, making it a highly American vehicle. The episode also mentions a cyber truck crash in California involving a Toyota Corolla, where the Tesla vehicle seemed to be not at fault and resulted in minor injuries.
Q4 Updates: China Sales and EV Tax Credits
The podcast episode provides updates on Tesla's Q4 performance in China. It mentions that the insured vehicle numbers for Tesla in China reached over 172,000 vehicles for the quarter, showing a 26% increase from Q3. Additionally, wholesale sales figures for December reached 94,139 vehicles, making it one of the best months for Tesla. The episode also mentions the change in ranking for the highest BEV seller in the world, with BYD surpassing Tesla. Furthermore, it addresses updates to the EV tax credits, mentioning that only the performance version of the Model 3 will retain the credit for 2024, creating complexity in the lineup and potential impacts on demand.
Insights on FSD Beta 12.1 and Tesla's Optimus Team
The podcast episode shares insights on Tesla's Full Self-Driving (FSD) Beta version 12.1. It highlights positive feedback from someone who experienced the vehicle, noting improved performance in highway driving, handling of wide lanes, and smooth speed reduction over bumps. Areas for improvement were mentioned, such as the cautious wait times at stop signs. The episode also features updates from Tesla's Optimus Team, recognizing progress made in 2023, including advancements in locomotion stack, teleoperation system, and neural networks for humanoid robots. The tweet from Elon Musk is mentioned, where he stands by his prediction of Tesla's long-term value exceeding that of Apple and Aramco combined, potentially reaching around $5 trillion.
➤ New Cybertruck details from early owners ➤ Jefferies increases TSLA price target ➤ Data confirms Q4 records in China ➤ BYD electric vehicle deliveries pass Tesla in Q4 ➤ Correcting a Bloomberg report ➤ Some Tesla vehicles stuck on ship ➤ Highland Model 3s spotted at Fremont ➤ EV tax credit updates for 2024 ➤ Ford bumps F-150 Lightning price up ➤ Cybertruck crash report ➤ FSD Beta v12.1 impressions ➤ Optimus engineer comments on progress ➤ Musk comments on Tesla valuation, plans to hold company talk
X: https://www.twitter.com/teslapodcast Shareloft: https://www.shareloft.com Patreon: https://www.patreon.com/tesladailypodcast Tesla Referral: https://ts.la/robert47283
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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