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- 🚀 Teslas are most affordable
🚀 Teslas are most affordable
Plus: Tesla China numbers, EPS estimates, raining EV discounts and more
Hey S3XY 🧤, According to Consumer Report’s Annual Auto Survey 2023, Tesla topped the list of cheapest car brand to maintain with only about $580 during first 5 years of ownership and about $4035 over 10 year period in repair and maintenance cost.
4 brands of top 5 in that list are American while German brands found out to be costliest to own. While average Land Rover costs whooping $19250 over 10 year period in repair and maintenance costs alone as per survey.
And some other highlights from today’s letter 📨:
Tesla Q1 earnings post market.
Top voted Q&A.
China weekly numbers.
Katy Perry flaunts CyberTruck.
Let’s take a dive..👇🏻

$TSLA CHART
MARKET CAP 🤑 | 452.99 B |
---|---|
AVG VOL(30D) | 94.55 M |
VOLUME | 107.10 M |

TESLA BULLETS
Important: Push your fund managers about Tesla proxy vote. How? All details here.
Affordable: Tesla has lowered the monthly lease rate for the Model 3 Long Range in the U.S. by 6.4%.
Estimates: Tesla to release Q1 earnings today evening, here are some EPS estimates by fanboys.
Earth day: Sustainability run down by Tesla for year 2023.
Cost of ownership: Tesla tops the list of ‘cheapest car to maintain’, with only $4035 avg. spend on maintenance over 10 year period.
Ads future!? Tesla laid off its entire 40 person U.S. growth/advertising content team within just few months.
Perks: Well, that’s one legit use case of owning a Cybertruck.
Q&A: These are the top voted questions for Tesla Q1 Earnings Q&A.
China numbers: Tesla China insurance units for week April 15 - 21 came in at 5168 units. That’s -55.6% YoY.

WHISPERS
ARK’s latest stance on TSLA.
“I wouldn’t be surprised about some short-term upsets, but I think the long-term story is EVs are here to stay. Tesla’s prices are so competitive. It's going to be very hard for any other company to catch up to them at this point,” says @TashaARK ahead of $TSLA earnings Tuesday.
— Last Call (@LastCallCNBC)
11:53 PM • Apr 22, 2024
Giga Berlin celebrates ‘Earth Day’.
With 3,000 newly planted flowers and plants and a widely visible mural, the Giga Berlin team is making a statement for today's Earth Day.
— Tesla Manufacturing (@gigafactories)
7:44 PM • Apr 22, 2024
Good time to revisit this old video of Elon from Tesla Autonomy Day in 2019.
CyberTruck ‘motor’ breakdown by Sandy Munro.
You asked for it. Here's the full "Cyberbeast" Motor video!
— Munro Live (@live_munro)
7:30 PM • Apr 22, 2024
Look who got new wheels to flaunt.
thx for the delivery @elonmusk#idol
— KATY PERRY (@katyperry)
4:10 AM • Apr 23, 2024

INDUSTRY FILES
Poor: Xpeng Q1, 2024 deliveries were down 47.3% compared to Q1, 2023.
Discounts: Rivian is offering discounts up to $5k off a new R1 when you trade in your dusty old gas vehicle.
Pickup: BYD is expected to unveil its electrified pickup truck ‘Shark’ at the Beijing Auto Show on April 25.
Transition: Volkswagen planning 30 fully electric models for China by 2030.
Funding: Great Wall Motor-backed Chinese autonomous driving startup Haomo.AI Technology has secured yet another funding round, two months after the previous one.
Lure: Nio is reportedly offering incentives to entice Xiaomi SU7 order holders to switch to its models.
EVs > ICE: By as soon as the end of this year, the number of all-electric cars will surpass the number of gasoline cars in Norway.
Discounts: Ending April 30, Hyundai is offering $7,500 off the purchase price of a 2024 Kona Electric.

THAT’S THOUGHTFUL
You don’t need to be a genius or a visionary, or even a college graduate for that matter, to be successful. You just need framework and a dream.
Michael Dell shares his thoughts on risk taking, having the courage of your conviction, reinvention, and the magic of Austin.
👇🏻

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ALL ABOUT STARS
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