🚀 TSLA India advances

Plus: $262K CyberTruck, New Model Y ad, EVs port pile up and more

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69 Shades of Tesla
April 10, 2024

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Hey S3XY 🧤, Reliance is India’s premier energy, oil, retail and telecom giant and is currently in talks with Tesla over potential JV for manufacturing setup in the country.
Since discussions are in initial phases, Tesla might also find very able partner by the name of ‘Tata’, which is yet another Indian or rather say global business house (hard to find a industry they are not present in); is more diverse and comes with hands on automobile experience (owns Tata Motors, Jaguar and Land Rover among others).
Also they had previously secured huge partnership deals on manufacturing front i.e. Apple’s manufacturing partner and is a go to preferred partner for MNCs to their India foray.
Only time will tell how this Indian story unfolds.
And some other highlights from today’s letter 📨:

  • Generalised AI for robots.

  • Cruise to comeback.

  • Mysterious CyberTruck battery pack.

  • Adam Jonas 8/8 predictions.

Let’s take a dive..👇🏻

$TSLA CHART

MARKET CAP 🤑

563.33 B

AVG VOL(30D)

98.30 M

VOLUME

103.2 M

TESLA BULLETS

Exploration mode: Tesla in talks with Indian conglomerate Reliance to set up manufacturing plant in the country.

Future: Robotaxi are bound to come, see it’s implications here.

Another note: Adam Jonas released new Tesla note where in he predicts potential outcomes on 8/8.

Sold: Cyberbeast sold for $262.5K at Sotheby auction. It had no reserve price.

Loyalty: In a survey of Bloomberg Intelligence with 1000 adults as sample, whooping 87% of Tesla owners said they would go for Tesla again.

Efficiency: CyberTruck to charge faster.

Promotion: New Tesla Model Y ad emphasises over its pricing, trip planning with respect to charging needs and supercharger locations en route.

WHISPERS

Why does CyberTruck comes with hidden chopper though?

Grab some popcorns.
Dan O’Dowd of The Dawn Project posted a video of FSD v12.3.3 failure, to which Pro FSD tester ‘Miss Jillybean’ challenged and asked Dan if he would do same test with him behind the wheels and see if he could save the subject.
Surprisingly he is up for it.

Some CyberTruck stuff.

Top 10 reasons for disengagement over FSD v12.3.3.

Covariant CEO on generalised artificial intelligence for robots.

INDUSTRY FILES

Parking: Chinese EVs piling up at European ports due to lack of transportation fleets.

Refresh: 2024 Ford Mustang Mach-e gets more range while charging faster than before.

Battery tech: BMW and Rimac Technology to “create innovative solutions for the high-voltage batteries in future selected vehicle projects.

Re-launch: The General Motors self-driving unit Cruise has announced plans to resume driver-operated vehicle testing in Arizona.

Unusual: Nio has signed a strategic agreement with a Chinese home appliance giant ‘Midea’ to collaborate in several areas.

License secured: Hyundai made its Ioniq 5 robotaxi take a simulated Class C License Exam in Las Vegas and it passed without making a single mistake.

Competition: Chinese battery giant CATL has launched its new energy storage system ‘Tianheng’ to further tap the energy storage market.

Variant: Zeekr will launch the four-seat variant of the Zeekr 009 on April 19.

Expansion: Xpeng has reached an agreement with a distributor to offer its electric vehicle models in Hong Kong as it expands its international presence.

Pre-launch: A new set of spy photos show more details of the first model of Nio's sub-brand Onvo, which is roughly a month away from making its debut.

THAT’S THOUGHTFUL
❝

Always look for the fool in the deal. If you don’t find one, it’s you.

Mark Cuban

Mark’s latest interview with Lex Fridman.
👇🏻

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