🚀 Tesla going mainstream

Plus: Giga Berlin restarted, BYD's European strategy, Elon's upcoming interview and more

Hey S3XY 🧤, In the month February, Tesla Model Y was 2nd best selling vehicle in Germany with 5408 units sold just behind VW Golf selling 10150 units. Though note that Model Y is significantly higher priced than VW Golf.
In complete year 2023, Model Y was 8th best selling vehicle in Germany with 45818 units; this year Tesla is surely going to make its way into top three. Can we say that EVs (Teslas) aren’t so niche anymore?
And some other highlights from today’s letter 📨:

  • Elon to speak at Giga Berlin.

  • Doug DeMuro reviews new Tesla Model 3.

  • BYD refreshes hatchback e2.

  • Zeekr’s new MPV “Mix“.

Let’s take a dive..👇🏻

$TSLA CHART

MARKET CAP 🤑

565.43 B

AVG VOL(30D)

101.27 M

VOLUME

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TESLA BULLETS

Going mainstream: Tesla Model Y was 2nd best selling vehicle (not just electric but overall) in Germany last month.

Analyst call: Wells Fargo downgrades TSLA with target price of $125 citing its not a growth stock anymore.

Lover letters: Chancery Court Chief Judge Kathaleen St. J. McCormick felt overwhelmed receiving all the letters sent on her way by Tesla shareholders and asked attorneys for recommendations to deal with it.

Leader at work: Elon to speak at Giga Berlin and charge up employees. Musk is also expected to meet some German political leaders.

Update: Teslas got software update in Europe with adaptive high beams and more.

Breakdown: Of 13.2K Teslas sold in China last week, Model Y accounts for 9.8K and rest Model 3.

German engineering? Tesla is now outselling all major German luxury brands in China.

Up and running: Production at Giga Berlin has restarted after unexpected break. Also workers were paid full salary even after factory closure.

Autonomy: Watch how FSD performs on 86 roundabouts back to back.

WHISPERS

Save the date: On March 18, first Don Lemon show will be out with Elon Musk as his first guest for the interview.

It teaches us only one lesson:
Time in the market > timing the market.

Doug DeMuro reviews new Tesla Model 3 Refresh and calls it “The Greatest Appliance Ever Made”.

Weekly performance of car brands in China.

UFC champ Sean O’Malley with 4M instagram followers, praises Tesla.

INDUSTRY FILES

Election year: Trump’s negative and uninformed commentary on EVs and promises to reverse Biden’s EV policies.

Petition: If you are not a big fan of paper based recall notices from NHTSA and do not understand why in this world vehicle software updates are still classified as “recalls”; sign this petition launched by our spokesman Sawyer Merritt.

Encouraging? Within a month, Porsche receives more than 10K orders for its all electric Macan.

Taking a stand: Mercedes-Benz CEO Källenius is against raising tariffs on Chinese imported vehicles in Europe, though given its ownership structure (About 20% Chinese) and market size in China for its vehicles; motive seems …….

Launch: BYD launches refresh of their hatchback e2 with starting price of $12500, 12.7% lower than previous version.

Bot at work: Watch Agility Robotics “Digit” do autonomous work live from the floor. It's just 5:20 hrs long video!

BaaS: Nio to give update over its BaaS battery rental service and longer life batteries tomorrow evening.

New kid: Zeekr filed for its second 5 seater MPV “Zeekr Mix”.

Growth: BYD looking to triple its market share in Europe by next year.

QUIZ TIME

Rohan Patel

Rohan Patel, VP - Biz Development & Public Policy at Tesla has previously worked for which leader? 🧐

  • Robert Iger

  • Barack Obama

  • Larry Ellison

  • Donald Trump

Click here 🙋🏻 to know the answer.

BEFORE YOU GO

🕵🏻‍♂️ This day in history: On March 13, 1942, the Quartermaster Corps (QMC) of the United States Army begins training dogs for the newly established War Dog Program, or “K-9 Corps. Watch how these military dogs are trained.

🚒 Fire: Watch firefighting helicopters up close in action.

😷 What? Here is a man who didn’t bath for 60 years and died at age 92, few months after taking a bath for first time in 6 decades.

🐏 Aww: When this sheep was keen to take over as “being dog”.

🤔 That’s thoughtful: The biggest adventure you can ever take is to live the life of your dreams. ~ Oprah Winfrey
See here her top memorable moments compilation.

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