🚀 Tesla's Green Impact Across Industries

Plus: Model Y production cut, Rivian price drop, FLO's new charger and more

Hey S3XY 🧤, Tesla is revolutionizing the auto industry, spearheading the transition from internal combustion engine vehicles to electric vehicles. Founded to accelerate the world's shift to sustainable energy, Tesla's superior integrated ecosystem for energy and transportation maximizes environmental impact.

A single Tesla vehicle can prevent about 51 tons of CO2e emissions over its lifetime, with this benefit increasing as electricity generation becomes cleaner. Tesla’s batteries are designed for longevity and recyclability, reducing raw material extraction by up to 18 gigatons annually. In 2023 alone, Tesla reclaimed enough battery materials to produce 43,000 Model Y vehicles.

In a market dominated by ICE vehicles, Tesla is uniquely driving the industry's shift to EVs. Their Model 3 and Model Y retain 85% of original battery capacity after 200,000 miles, ensuring durability. Safety is paramount, with standard active safety features and Full Self-Driving (FSD) Supervised mode reducing serious collisions based on over a billion miles of data.

Tesla's innovation and commitment to sustainability and safety not only improve our planet's future but also save lives and reduce environmental impact today.

And some other highlights from today’s letter 📨:

  • Volvo’s hydrogen trucks!

  • 8/8 predictions.

  • Upcoming CyberTruck event.

  • Pleasing Nio house.

Let’s take a dive..👇🏻

$TSLA CHART

MARKET CAP 🤑

554.09 B

AVG VOL(30D)

96.35 M

VOLUME

71.98 M

TESLA BULLETS

Predictions: Gene Munster of Deepwater Asset Management shares his predictions for ‘Robotaxi event’. 

Exciting: Get ready to witness plenty of CyberTruck fun; meetup, lightshow and some off road adventure.

Surprise: Look who went on to buy EV which isn’t Tesla and returned empty handed.

Impactful: 2023 Tesla Impact Report, we doubt if any other auto major could even come close to Tesla when it comes to impact among 69 other things.

Word keeper: Scottish Mortgage Investment Trust (SMT) is set to reaffirm its support for Elon Musk’s $56 billion pay package at Tesla’s shareholder meeting next month though yet to decide over reincorporating Tesla to Texas.

Paint job: Tesla launches new ‘Lunar Silver’ paint option for Model S & X and prices it at $2500.

Layoffs? Jobs at Tesla Germany are kind of back, most are in manufacturing, engineering and IT category.

Cleaner: This supercharger station in Germany is fitted with self serve cleaning equipment as well.

It’s Reuters! Tesla has cut output of its best-selling Model Y electric car by a double-digit percentage number at its Shanghai plant since March.

WHISPERS

Black beauty.

Elon Musk at Viva Technology Paris.

Shanghai Mega Factory ground breaking video.

Look who appeared after so long, the ‘OG’ of Tesla daily news.

Human Elevator Operator, what does that even mean!

INDUSTRY FILES

Recycling: Redwood Materials partnered with Ultium Cells - JV between General Motors and LG Energy Solution, to recycle production scrap.

Beautiful: Nio has added a new Nio House - the EV maker's flagship showroom, in the Netherlands as it pushes ahead with efforts to expand in Europe.

Anxiety? 64% of Americans live within 2 miles of a public charging station, full report here.

Price cuts: Rivian slashed lease price further of R1T Dual-Motor AWD with large battery pack to $580/month.

Charging infra: FLO rolls out the 320 kW FLO Ultra DC fast chargers, with dual-port configuration, boasting 98% uptime and charging most EVs to 80% in 15 minutes.

Offers: Ford is cutting 2024 Mustang Mach-E prices with a new 0% APR offer. The deal comes after Ford slashed Mach-E prices by up to $8,100 earlier this year.

Product mix: Xiaomi has admitted that it's developing a new electric vehicle model, after rumors about its product lineup circulated multiple times before.

Shuffling: Xpeng's sales team is seeing new staffing adjustments, and the pivot to a more dealer-dependent model appears to be facing challenges, according to a new report.

Why? Volvo to launch hydrogen-powered trucks by 2030.

THAT’S THOUGHTFUL

Don't be distracted by criticism. Remember, the only taste of success some people have is when they take a bite out of you.

Zig Ziglar

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