- 69 Shades of Tesla
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- 🚀 CyberTruck going places
🚀 CyberTruck going places
Plus: Fire sale at Fisker, BYD cools down, Hyundai goes all in and more
Hey S3XY 🧤, Few months back Elon predicted that CyberTruck’s production would be north of 200K units per annum eventually but it looks like that number might soon be due for revision as people not only in US but all over the world seem to love the futuristic truck.
Think this, tiny Thailand alone sells over 300K pickup trucks every year, though at bit lower price point but few years down the line when Tesla sets up production line somewhere in Asia and churns out lower priced variant; Asian region would open up huge new market for Tesla.
Even Americas might surprise with demand for CyberTruck.
And some other highlights from today’s letter 📨:
Partial Canadian province.
Fisker dipping ‘Ocean’.
Andrej Karpathy on Tesla.
Sanctuary AI’s investment round.
Let’s take a dive..👇🏻

$TSLA CHART
MARKET CAP 🤑 | 572.72 B |
---|---|
AVG VOL(30D) | 97.38 M |
VOLUME | 81.80 M |

TESLA BULLETS
Cyberland: Look what just landed in Thai-land. And guess what, more than 40% of passenger vehicles sold in Thailand are pickup trucks.
That’s sad: Canadian province Newfoundland and Labrador extends EV rebate till next year but excludes Tesla from eligibility on the grounds of “no dealerships present”.
Milestone: Tesla’s total cumulative count of vehicles on Australian roads breaches 100K mark.
Mexican files: Rohan Patel, clarifies over ongoing Tesla-Mexico charging connector issue.
Turnaround: Brad Gerstner, CEO on Altimeter Capital on why he turned bullish on Tesla.
Consumer’s choice: It’s amazing that Tesla performed so well in Sweden despite all dirty tactics by IF Metall.
Autonomy: Interesting job posting by Tesla AI.
Ocean sinks: Tesla drops ‘Fisker Ocean’ for trade ins amid uncertain Fisker future.

WHISPERS
Andrej Karpathy on his old boss (Elon) and culture at Tesla.
Elon Musk's Secret To Running Incredibly Successful Businesses.
Here's an excerpt from @karpathy's recent talk with @sequoia where he describes @elonmusk's unique management and leadership style.
Having worked at Tesla for a number of years, this resonated with me very deeply. twitter.com/i/web/status/1…
— Farzad (@farzyness)
6:23 PM • Mar 27, 2024
This tug-of-war, unlike you have ever seen before.
I’m not certain as to whether @Tesla did a tug-of-war with the @cybertruck versus a snow cat during their testing and homologation process so just in case they missed that test… We’ve got you covered 👍
Also if @elonmusk doesn’t repost this it will prove that he is, in fact, an… twitter.com/i/web/status/1…
— Dave Sparks (@heavydsparks801)
4:37 AM • Mar 28, 2024
Antonio Gracias speaks about Elon.
Antonio Gracias: “Elon is exceptionally special, deeply compassionate who cares about humanity, and always want to do the right thing”
Investing in $TSLA automatically allow me to invest in the greatest engineer and inventor of our lives. What a great time to be alive.
— Moose (@cybertruckSP)
3:49 PM • Mar 27, 2024
Munro drops battery pack off CyberTruck.
Dropping the Battery Pack in Our @Tesla Cybertruck!
— Munro Live (@live_munro)
4:55 PM • Mar 27, 2024
Look who is praising Tesla FSD.
I’ll make this clear. I’ve been testing FSD for 2 years. Version 12.3 is the step up Ive been waiting for. We’re at a new level now and it’s very exciting. Think, 100 people every day die in human created car accidents. This software will save many lives over the next decade.… twitter.com/i/web/status/1…
— Ross Gerber (@GerberKawasaki)
3:14 PM • Mar 27, 2024

INDUSTRY FILES
Bots are coming: Sanctuary AI found new strategic investor “Accenture” to bring humanoids sooner.
Goodbye: Fire sale by Fisker as it slashes prices of ‘Ocean’ by upto 39%.
Guidance revision: After most of its Chinese peers, Nio cuts Q1 delivery guidance.
That’s huge: Hyundai plans massive $50+ billions of investment over time to transition from ICE to top EV player.
Inevitable: Toyota buying more time in hopes to change its ‘laggard’ EV position by actively lobbying to delay EV shift.
Trucking batteries: HD Hyundai Infracore (HDI) is set to debut a new, 35 kWh lithium phosphate battery pack to power the next generation of electrified commercial equipment.
Specification: Xiaomi SU7 core specs leaked hours before official launch.
Chasing growth: EV slow down hits BYD as it delays plan to build manufacturing unit in Vietnam.

THAT’S THOUGHTFUL
The goal as a company is to have customer service that is not just the best, but legendary.
Sam Walton receiving Presidential Medal of Freedom.
👇🏻

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