🚀 Tesla debunks media lies

Plus: Biden's anti China stance, Lithium research, China's proactiveness and more

Hey S3XY 🧤, It's become a regular occurrence for traditional media outlets to propagate falsehoods about Tesla and Elon Musk on a near-daily basis, lacking factual basis and integrity.
Consequently, Tesla and Elon Musk have had to intervene periodically to refute some of these claims. Most recently, Elon confirmed on 'X' that Superchargers would remain in place, with Tesla continuing to expand their presence.

Additionally, Tesla plans to allocate upwards of $500 million in 2024 toward establishing new Supercharger locations and expanding existing ones. This financial commitment doesn't even cover operational expenses, which exceed far more than half a billion dollars.

Moreover, Tesla has been reassuring customers via email about concerns regarding the Supercharger network, reaffirming its central role in Tesla's mission.

And some other highlights from today’s letter 📨:

  • Trump’s love for oil.

  • Samsung pivots to robots.

  • Xpeng in Aussiland.

  • CyberTent review.

Let’s take a dive..👇🏻

$TSLA CHART

MARKET CAP 🤑

548.45 B

AVG VOL(30D)

104.07 M

VOLUME

65.95 M

TESLA BULLETS

Mythbuster: Tesla to spend north of $500 million this year alone to create new and expand supercharging locations.

Public Relations: Tesla Australia has issued an update regarding Supercharging network in the country.

Regulations: Hangzhou in China has become the first city in the country to clarify the specific procedures for putting autonomous vehicles on the road through local legislation.

Updates: New software update enables Tesla owners on older software 2024.8.9 to get free FSD trial.

Breakout: A little technical analysis as to when Tesla might break the current trading zone.

Price drop: Tesla's Model Y seven seat interior option has been reduced in price to $1,000 (from $2,000) in the U.S. when configured with a paint or interior color upgrade.

Autonomy: FSD is already proving out to be better than humans.

Incentives: Are you the one pissed about Tesla’s recent performance in Germany, see this chart.

WHISPERS

Tesla FSD vs Mercedes Driver Assistance; yes Tesla came out to be clear winner but you wouldn't believe the gap between the two.

A quick review of CyberTent.

ARK crew discusses humanoid robot possibilities.

One thing that has surprised Elon about his life.

Meanwhile competition!

INDUSTRY FILES

All about Lithium: Deep dive into lithium inventory buildup, demand, supply forecasts through 2025.

Informative: Know why free cash flow is one of the important metric to measure performance of any company in the age where most EV majors are deeply cash flow negative and why that matters most.

Typical Trump: Donald Trump offers to gut Biden’s EV and environmental rules in exchange for $1 billion from oil executives.

Batteries: LG Energy Solutions expect improved demand for 46 series batteries from second half of the year.

Pivot: Samsung Electronics pivots to robot research from self driving cars.

Bidenomics: Biden will announce new tariffs on electric cars and other strategic Chinese sectors.

Demand problem: Volkswagen, the maker of the ID.4 electric crossover, wants to include more plug-in hybrids in its portfolio as the demand for all-electric vehicles is experiencing a ‘plateau’.

Grow: Thanks to a new $50 million investment, Atlanta-based EV charging company EnviroSpark wants to hire as many of the Tesla Supercharger team as possible.

Expansion: XPeng is the latest Chinese electric car company to confirm its arrival in Australia.

THAT’S THOUGHTFUL

Business is all about relationships, how well you build them determines how well they build your business.

Brad Sugars

Focus on marketing and create a billion dollar business.
👇🏻

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