Tesla's Great Awakening Has Started / EV Charging Takes Huge Leap / Tesla Semi Rumor ⚡️

Welcome to Electrified, it's your host, Dylan Loomis. A quick shout out to those of you that just used my Tesla referral link, Christopher C, Jorge M, and Robert M. Thank you for choosing to use my link and congratulations on your new Tesla. There's still a few uses left for my link, so if you need one, it'll be below. And just FYI, if we max out my referral link this time around, I'm pretty sure I'll be able to convince my wife to buy our second Tesla for the family, even though we both work from home and drive about 5 miles on average per week. But hey, no pressure. Bank of America put out a new Tesla price target of $400 up from $350 due to the potential of Optimus.

欢迎来到《Electrified》节目，我是您们的主持人，Dylan Loomis。特别鸣谢那些刚刚使用我特斯拉推荐链接的朋友们，Christopher C, Jorge M 和 Robert M。感谢你们选择使用我的链接，并祝贺你们购买了新特斯拉。我的链接还可以用几次，如果你需要，链接会在下面。此外，告诉大家一个小信息，如果这次我的推荐链接全部用完，我有信心说服我妻子为我们家再买一辆特斯拉，尽管我们都在家工作，每周平均只开车5英里。不过，大家不用有压力。美国银行发布了新的特斯拉目标股价，由于Optimus的潜力，从350美元上调到了400美元。

And they said Optimus is currently being used in Tesla's Energy Storage Division and stands to figure prominently in manufacturing operations for the CyberCab. They said Optimus is currently being used in Tesla's Energy Storage Division and stands to figure prominently in manufacturing operations for the CyberCab. They said Optimus is currently being used in Tesla's Energy Storage Division, most likely just sorting batteries, something along those lines, and also stands to figure prominently in manufacturing operations for the CyberCab, which Tesla plans to produce next year.

他们说Optimus目前正在用于特斯拉的能源存储部门，并将在CyberCab的制造过程中发挥重要作用。Optimus可能主要负责电池分类等相关工作。此外，特斯拉计划明年生产CyberCab，Optimus将在其制造中扮演重要角色。

But this upgrade is meaningful because it came after a visit to Tesla's facilities, which included a factory tour, a ride and drive, and this gave them increased confidence Tesla is well positioned to grow in 2025 and beyond with its core ED business, the launch of Robotaxi, and Optimus. They said the Cybertruck in the Model Y we wrote in were equipped with versions 12.5 and 13.2 and drove seamlessly to a charging station several miles away despite abnormal road conditions, traveling on roads under construction and taking a tough left turn against traffic. Tesla told the analysts that soon FSD will require an intervention only once every 10,000 miles and the benchmark right now that people are using is Waymo's one intervention every 17,000 miles, which Tesla told the analysts it should be able to do soon.

这次升级之所以有意义，是因为是在参观特斯拉设施之后进行的，此次参观包括工厂参观以及试乘和试驾。这让他们更有信心，认为特斯拉在2025年及以后的发展中处于有利位置，包括其核心的电动车业务、Robotaxi的推出和Optimus的发展。他们表示，我们试乘的这辆Cybertruck和Model Y配备了版本12.5和13.2的系统，在道路情况异常的情况下，仍能轻松行驶数英里到达充电站，途中经过施工道路并成功完成了在繁忙交通中的一次较难的左转。特斯拉告诉分析师，未来不久内，完全自动驾驶（FSD）将每行驶10,000英里才需要一次人为干预，而目前的标杆是Waymo的每17,000英里一次干预，特斯拉表示很快也能达到这个标准。

Additionally, Tesla told the analysts it plans to have more than 1,000 Optimus operating at the plant by the end of 2025. The Optimus opportunity and others could potentially benefit from more capital via an equity raise to fund greater compute capacity, which we believe would be welcomed by most Tesla investors. We'll see what happens, but just keep in mind right now, more analysts are talking about Tesla doing an equity raise to accelerate their spending and AI efforts. Then they are talking about Tesla doing a stock buyback.

此外，特斯拉告知分析师，他们计划在2025年底之前让1000多个Optimus机器人在工厂中运作。Optimus的机会以及其他项目可能会通过增发股票来筹集更多资金，从而提高计算能力，这一举动相信会受到大多数特斯拉投资者的欢迎。我们拭目以待，但请记住，目前有更多分析师在讨论特斯拉进行增发股票以加速其投资和人工智能开发，而不是讨论特斯拉回购股票。

I'm an old school gearhead. I've been doing this for over 25 years. I love seeing factories. That was the first thing really to see the awesome facility for the first time. That was great. It seems like it's a really good facility, but I guess probably more important than that was our test drives of FSD in a Model Y. I was in version 13.2 and it was incredibly good through some very challenging scenarios. That was incredibly impressive. Then the potential for FSD to continue to grow as a percent or penetration rate to continue to grow over time, which will create recurring profit revenue streams off these vehicles, which will be far higher the initial hardware sales. I think that really is really where we got pretty optimistic about what can happen here. Our $400 price objective, our updated one, is the first stop. We'll see how this ultimately goes over time and how things are executed over next year or two.

我是一个老派汽车迷，从事这行已经超过25年了。我特别喜欢参观工厂。第一次看到那个令人惊叹的工厂设施时，真是太棒了。感觉这个工厂非常不错，但可能更重要的是我们在一辆Model Y上测试FSD（全自动驾驶）功能。我用的是13.2版本，面对一些非常具有挑战性的场景表现得非常好，令人印象深刻。FSD的渗透率未来可能会继续增长，这将为这些车辆带来源源不断的利润收入，这些收入将远高于初始硬件销售的利润。这让我们对未来的发展充满了乐观。我们更新后的目标价是400美元，这是第一步。接下来一到两年内，我们会看看情况如何发展，以及事情如何实施。

I think the other two things that are really important is that the potential for optimists and FSD or full autonomy to really take off are important. When you dare to dream like a lot of the growth investors in this name do, you've got $100 trillion global GDP number, 50% of that is labor. That's the time for optimists. How much of that it actually takes or adds to is huge. Then on the FSD side, you have about 10 trillion miles driven each year on the roads around the world. If you capture 50 cents or a dollar in each of those miles, your potential profit is tremendous. I think as you look at the two vectors that are going on on optimists on the labor side and FSD on the autonomous side, there's really huge opportunities. Then just one last real thing. The speed of travel has not changed in the better part of the last 80 years. If you're in an autonomous vehicle that can't hit something, there's the potential for the speed of travel to go up significantly. Then all of a sudden you have structural economic growth like the US and the developed markets have not seen for more than 50 years.

我认为，另外两个非常重要的因素是乐观主义者和全自动驾驶（FSD）的潜力可能会真正腾飞。对于许多喜欢大胆梦想的人来说，比如投资这一领域的成长型投资者，他们面前摆着一个100万亿美元的全球GDP，其中50%是劳动力。这是乐观主义者的机会。这其中可以获取或增加的价值是巨大的。而在FSD方面，每年全球道路上的行驶里程约为10万亿英里。如果你能从每英里中获得50美分或1美元的利润，其潜在收益将是巨大的。我认为，当你考察乐观主义者的劳动力方向和FSD的自动化方向这两种趋势时，会发现存在非常大的机会。最后还有一点很重要。过去80年里，旅行速度并没有显著改变。如果你在一辆不会撞到其他物体的自动驾驶车辆中，旅行速度有可能大幅提高。这将会带来结构性的经济增长，这是美国及发达市场50多年来未曾见过的。

In real quick, speaking of time of travel, you may have seen that whole Mars did a test between Tesla's FSD version 13 and WeMO in the same location going from the same starting point to the same and location at the same time. It took the Tesla 15 minutes and 40 seconds, whereas it took WeMO 43 minutes. The main reason is because in San Francisco, WeMO still cannot take the highway. If you're confused a few weeks back, we did say that WeMO can now use the highway, but remember, that's just for customers in Phoenix. And Elon did share this, so it's a great example of just some of the limitations of geo-fencing. And just so we don't gloss over the fact, now Tesla is saying over 1000 Optimus robots working at the factory by the end of next year, and Wall Street is waking up to actually believing them.

很快地讲一下关于旅行时间的话题，你可能看到过一个测试，涉及特斯拉的FSD版本13和WeMO，它们在相同地点、相同起点和终点、同一时间进行测试。特斯拉耗时15分40秒，而WeMO用了43分钟。主要原因是因为在旧金山，WeMO仍然不能上高速公路。如果你还有些困惑，几周前我们说过，WeMO现在可以在凤凰城上高速，但记得，那只针对凤凰城的客户。埃隆也分享了这个例子，这是地理围栏限制的一个很好例子。另外，为了不忽略一个细节，特斯拉现在称到明年底会有超过1000台Optimus机器人在工厂工作，华尔街也开始相信这个计划。

We all know Tesla has completely transformed the car buying experience, whether you do it on your computer or right on your phone, e-signatures and everything. Over the past few years, I've had to request signatures from hundreds of people, many different companies and sponsors, and let me tell you, getting a legally binding e-signature can be such a headache. And you may have seen this just the other day, Meat Kevin was complaining about DocuSign, which can be a pretty pricey service for a small business. After plenty of searching, I have finally found a new service that has made my life so much easier. And because of that, I was eager to work with Sign as the sponsor of this video.

众所周知，特斯拉彻底改变了购车体验，无论是通过电脑还是手机，甚至包括电子签名等步骤。过去几年，我需要从数以百计的个人、不同的公司和赞助商那里请求签名。让我告诉你，获得一个具有法律效力的电子签名真是让人头疼。你可能也注意到了，就在几天前，Meat Kevin 抱怨 DocuSign，这对于小企业来说是一项相当昂贵的服务。经过大量寻找，我终于找到了一项新服务，让我的生活变得轻松得多。因此，我非常乐意与Sign合作，成为这个视频的赞助商。

Sign.com is a secure and affordable e-signature solution that's as easy to use as sending an email. It could not be any more convenient, you just upload, sign, and share. I created a test account for privacy to show you the user interface. It's super slick, drag and drop. Again, it could not be any easier and faster to use. There is zero learning curve. You can create custom signatures, e-writing or typing, changing sizing as a breeze. Everything is just very intuitive. And look, even if you don't have a small business, if you ever need to sign or get anything signed by others, real estate deals, power of attorney, bank loans, lease agreements, etc.

Sign.com 是一个安全且实惠的电子签名解决方案，用起来就像发电子邮件一样简单。它真的再方便不过了，你只需上传、签署和分享即可。我为隐私创建了一个测试账户，以向你展示用户界面。它非常流畅，并且支持拖放操作。再次强调，它使用起来真的超级简单快捷，完全不需要学习。你可以创建自定义签名，无论是手写还是打字，大小调整都很轻松。一切都非常直观。而且，就算你没有小型企业，只要你需要签署或让别人签署任何文件，比如房地产交易、授权书、银行贷款、租赁协议等等，这个工具都能派上用场。

I'd highly recommend setting up an account with Sign.com and taking advantage of those five free documents per month, and they do have a mobile version coming soon. If you'd like to check them out, you can head to Sign.com slash Electrified and use my coupon code Electrified20 to get 20% off your subscription to Sign, linked below. And if you do become a volume user for as little as $5 per month, you can request a signature for an unlimited number of documents. It's an awesome service to have in your toolbox as more of our lives become digital, and as always, thank you for considering supporting the channel in this way. Back to FSD, credit where it's due, AI driver put together a great video showcasing FSD version 13. I'll have it linked below if you somehow missed it. I'm guessing most of you have already seen it, but I just want to share his main takeaway. Version 13 has finally arrived, and I gotta tell you upfront, it is absolutely incredible. I would even go as far to say unbelievable in many situations, and I fully came into this expecting it to be better than version 12, but what I was not expecting was for it to be this much better, especially being the very first release with a brand new native hardware 4 AI model. Although there still are some issues that we're going to go over, the issues are not related to driving performance at all, and in my opinion, the increase in performance we're seeing here is an even larger improvement than what we saw going from version 11 to 12 when end to end took over, which is really saying something.

我强烈建议你注册一个Sign.com的账户，每月利用五个免费的文档使用机会。他们很快也会推出手机版。如果你有兴趣，可以访问Sign.com/Electrified，并使用我的优惠码Electrified20来享受Sign订阅的20%折扣。链接在下方。如果你成为高频用户，每月仅需5美元，就可以请求无限数量的文档签名。随着我们生活越来越数字化，这个服务能成为你工具箱中的一项绝佳工具。同时，感谢你通过这种方式考虑支持这个频道。 接下来谈谈FSD，值得称赞的是，AI司机制作了一段出色的视频，展示了FSD第13版。我会在下方附上链接，以防万一你错过了。我猜大多数人可能已经看过了，但我还是想分享他的主要观点。第13版终于来了，我必须告诉你，它真的非常棒。可以说，在很多情况下简直令人难以置信。我本来就期待它会比第12版更好，但没想到会好这么多，尤其考虑到这是全新原生硬件4 AI模型的首次发布。虽然我们仍然会讨论一些问题，但这些问题完全与驾驶性能无关。在我看来，我们这次看到的性能提升比从第11版升级到第12版时的提升还要大，这真是意义非凡。

And just so you know, he did have some cases where FSD would not actually go into reverse. He speculated about a possible 4th driving profile that's unnamed, so when the hurry standard or chill goes away, the car behaves differently when none of those modes apply and it's in that hypothetical 4th mode when the car does actually go into reverse. But that's all anecdotal, not actually confirmed. I think many of us would agree we need to see improvement in areas for the pickup and drop off locations, whether it's a parking garage or at the airport.

为了让你了解情况，他确实遇到了一些情况，全自动驾驶（FSD）无法切换到倒车。他推测可能存在一个未命名的第四种驾驶模式，所以当急速、标准或悠闲模式消失时，汽车在这些模式都不适用的时候会表现得不同，可能是在这种假想的第四种模式下，汽车才能实际进入倒车。不过，这只是一些传闻，并未得到证实。我想我们很多人都会同意，无论是在停车场还是机场接送位置，都需要看到一些改进。

And this video from Chris at Dirty Tesla does a great job of taking a step in that direction, just watch how it navigates out of the parking garage from the top level. Doesn't care about snow, doesn't care about being on the third floor, it just cares about exiting in sanity. Unbelievable, it found the exit once again and not only did it do it, we're going to pass this guy again, it did it really, really well. This is craziness, awesome. Let's just confirm that it's going to exit here, I'm going to wait for this pedestrian to get up on the sidewalk.

这段来自Dirty Tesla的Chris的视频在这方面迈出了一大步，你只需看它如何从停车场的顶层驶出。无论是积雪还是身处三楼，它都不在乎，只专注于安全地出口。令人难以置信的是，它再次找到了出口，而且做得非常好。真是太疯狂了，太棒了。我们要确认一下，它将在这里出口，我会等这个行人走上人行道。

Holy moly, exit's even better than the first time. I'll admit, it's pretty tough not to be very excited about the state of FSD right now and hopefully version 13 goes wide here in the next week or two and then we might be off to the races. And what I mean by that is yet another awakening of how close Tesla really is to solving this unsupervised FSD. Plus Kyle Connor from Out of Speck, who historically has been, we'll say, moderate to critical of Tesla's FSD is now saying Tesla's FSD has finally reached the point where it's insanely incredible and everyone in the auto industry needs to demo it and I believe that was on a version 12 branch.

天啊，这次的体验比第一次还要好。我承认，对于目前FSD（全自动驾驶）的进展，真的很难不感到兴奋。希望第13版能在接下来的一两周内大范围推出，那我们可能就能见证巨大的进步。我是说，这将是对特斯拉多接近解决这项无人监督驾驶技术的又一次感悟。此外，来自Out of Spec的Kyle Connor，过去他对特斯拉的FSD持中立甚至批评态度，现在也表示特斯拉的FSD终于到了一个非常令人惊叹的水平，整个汽车行业都需要亲自体验一下。据我所知，他说这番话时用的是第12版的系统。

A renewable developer is about to begin construction on the biggest battery storage project in France at 480 megawatt hours. We've certainly seen bigger projects globally, but this is certainly moderate in size and it's actually five times bigger than the largest system online in France today. Tesla will be providing the megapacks for this project, but not only that, they'll be providing the engineering, procurement and construction, which they call EPC. And Tesla will also provide route to market services, managing its activity in the electricity market.

一家可再生能源开发公司即将开始在法国建设最大的电池储能项目，这个项目的储能容量为480兆瓦时。虽然全球范围内有更大的项目，但在法国这个项目算是中等规模，它实际上是目前法国在线运行的最大系统的五倍大。特斯拉将为这个项目提供Megapack电池组，不仅如此，他们还将负责项目的工程设计、采购和施工，也就是所谓的EPC。此外，特斯拉还将提供电力市场的路线服务，管理其在电力市场上的活动。

And when you hear that term, abbreviated RTM, just know it's a fancy way of saying things like ancillary services, so maintaining grid stability, which can be done through frequency and voltage regulation, price arbitrage, buying low, selling high, and handling renewable energy integration. So yes, route to market services are likely where Tesla's auto bidder will come into play. Troy Tesla shared this chart about Tesla sales in Germany year to date, this year there are 33,600 down from 59,600 in the same period in 2023.

当你听到缩写RTM这个词时，要知道这其实是用来指代一些辅助服务的一个高大上的说法，比如通过频率和电压调节来维持电网稳定、价格套利（低买高卖）以及处理可再生能源的整合等。因此，市场路线服务很可能是特斯拉的自动竞标系统发挥作用的地方。Troy Tesla分享了一张关于特斯拉在德国销量的图表，截至今年，特斯拉在德国的销量为33,600辆，相比2023年同期的59,600辆有所下降。

So it's about 26,000 units less so far this year, down just over 43%. But we've been covering that all year, what I wanted to share was this comment from David, he said I'm from Germany. Due to uncertainty in the government position regarding BEV's, most people seriously question if electric will be the future. Electricity prices are high, making it not much cheaper than ice. Then the sentiment towards Elon does the rest. The media is super critical and negative towards everything he says and does. Most people see him as a crazy right wing billionaire and do not want to support him.

今年到目前为止，减少了大约26,000个单位，下降了超过43%。但我们整个一年都在关注这个问题，我想分享来自David的评论，他说：“我来自德国。由于政府在电动汽车（BEV）问题上的立场不确定，大多数人都非常怀疑电动车是否会是未来。电价很高，使得电动车并不比内燃机车便宜多少。此外，对Elon的态度也造成了影响。媒体对他说的和做的一切都非常批评和消极。大多数人认为他是一个疯狂的右翼富翁，并且不想支持他。”

Another storyline I've been reading, remember a majority of car ownership in Germany is commercial. And there are still plenty of headlines out there about Tesla and their depreciation, which is giving some of these fleet rental and businesses pause about adopting Teslas. I've shared in the past, I think the worst of the Tesla depreciation is behind us and going forward, it won't be anything like it was the past two years. But not everyone is as far into the weeds as we are on this channel and they don't understand the drivers behind this chart of used Tesla pricing over the past few years.

我最近读到另一个故事情节，记得德国大多数汽车都是商业拥有的。目前仍然有很多关于特斯拉贬值的新闻，这让一些车队租赁公司和企业在是否采用特斯拉时犹豫不决。我以前分享过，我认为特斯拉贬值最严重的时期已经过去，未来不会像过去两年那么糟糕。但并不是每个人都像我们这个频道的观众一样深入了解，他们不清楚近年来二手特斯拉价格变化的原因。

But the good news as we predicted earlier this year, this steep drop in used Tesla pricing has finally leveled off for the second half of this year. The Biden administration is set to issue new guidance on connector requirements for federally funded EV chargers. The new standard is going to be based on Tesla's charger plug, the NACS. And we know that's already been the case, many other automakers have already adopted it, but what's happening here is twofold. One, the SAE is finalizing the open standard for the NACS or the J3400.

好消息是，正如我们今年早些时候预测的那样，特斯拉二手车价格的大幅下跌在今年下半年终于趋于平稳。拜登政府将发布针对联邦资助的电动车充电桩连接器要求的新指南。新的标准将基于特斯拉的充电插头，即NACS（北美充电标准）。我们知道，已经有很多其他汽车制造商采用了这个标准，但这里发生的事情主要有两个方面。首先，SAE（美国汽车工程师学会）正在完善NACS或J3400的开放标准。

And second, in the coming weeks you'll be seeing an update from the federal agencies on what we call the J3400 standard. This update will not be a new rulemaking, but will provide clarification on using flexibilities under the existing rule. And in short, the second part likely has to do with the fact that you may recall earlier to get those federal funds for EV chargers, some of the charging ports at every location had to have a CCS connector. So again, as we said months ago, we were hoping that eventually the government would do the right thing and do away with that requirement because most of the industry is going a different way. Now in the short term, there will be some flexibility here as they bridge the gap for those vehicles that do have CCS. But don't forget, even if all of the new sites were only the J3400, you can just buy an adapter for those CCS1 vehicles. There will be a webinar on December 17th, so shortly after that we should get a lot more concrete details about how this will work. Plus, at the same time the SAE, as well as the joint Office of Energy and Transportation are talking about a new universal standard for plug and charge. This new framework will enable industry-wide seamless secure EV charging experiences across all public stations with testing starting in 2025. So they're saying, soon, drivers can plug in any car at any public charging station and automatically start charging with no payment processing step required.

其次，在接下来的几周内，联邦机构将对我们称为J3400标准的内容进行更新。此次更新不是新的规则制定，而是对现有规则下的灵活性使用提供说明。简而言之，第二部分可能与您之前了解到的申请联邦资金资助电动汽车充电站的一些地点必须配备CCS连接器的要求有关。如我们几个月前所说，我们希望政府最终会取消这个要求，因为大多数行业已经在走向不同的方向。目前在短期内，政府将在这些配备CCS接口的车辆过渡期内提供一些灵活性。不过别忘了，即使所有新建的充电站都只采用J3400标准，您也可以购买适配器来连接那些使用CCS1接口的车辆。 将在12月17日举办一个网络研讨会，所以之后我们应该会获得更多关于这项政策将如何实施的具体细节。同时，SAE及能源与交通联合办公室正在讨论一个新的“即插即充”通用标准。这个新框架将在2025年开始测试，旨在实现全行业范围内的无缝、安全的电动汽车充电体验。因此，他们表示，不久之后，驾驶员可以在任何公共充电站为任何汽车插电充电，并自动开始充电，而不需要经过支付处理步骤。

Tesla owners may not understand the magnitude of the problem here, but if you own any other EV, I'm guessing you might. They're calling this the EV PKI framework and they're saying all vehicles, chargers and charging networks will be able to talk to each other for the first time. And the good news, this electric vehicle public key infrastructure, as it's called, does have a list of members, and as you'll see, Tesla is included as a participating member. With stuff like this, it's all about the implementation, but the fact that this group is working on it and they'll start testing next year is very encouraging for the overall EV transition. Anything to simplify the EV charging experience is a huge win for the industry because the main complaints against EVs are still charging availability and range anxiety.

特斯拉车主可能不太了解问题的严重性，但如果你拥有其他品牌的电动车，我猜你可能会明白。他们称这个为电动车PKI框架，据说所有车辆、充电器和充电网络将首次能够互相通信。好消息是，这个所谓的电动车公共密钥基础设施有一个成员名单，特斯拉作为参与成员被包含在内。对于这样的事情，关键在于实施，但这个团体正在积极推进并计划在明年开始测试，这对于电动车整体的转型是非常令人鼓舞的。简化电动车充电体验对整个行业来说是一项重大胜利，因为人们对电动车的主要抱怨依然是充电可用性和续航焦虑。

We have a rumor from Heinrich Zain on the Tesla Semi-Pilot production line, he said, he's heard from multiple sources that this line has shut down, all future production will be at the new facility currently under construction. Going forward, the pilot line could be used to build other prototypes like the sleeper semi and or a box truck variant. To be clear, Heinrich Zain has been on the money in the past, but to me, it does seem a little odd that Tesla would shut down this production line for so long because remember, they're not expected to go into volume production at the new site until closer to the end of 2025. So, if this was true, that would mean roughly one year of no new Tesla Semi-Pilot production unless they were moving this line somewhere else. Either way, we'll keep an eye on it.

我们从海因里希·扎因那里听到一个传闻，他表示，来自多个渠道的信息称特斯拉的半挂卡车试验生产线已经关闭，未来的生产将全部移至正在建设的新工厂。之后，这条试验线可能会被用来制造其他原型车，比如卧铺式半挂卡车或厢式卡车变体。需要说明的是，海因里希·扎因过去的信息通常是准确的，但对我而言，特斯拉会关闭这条生产线如此长时间似乎有些奇怪，因为他们预计新厂的量产要到2025年底才开始。如果这是真的，那就意味着大约一年时间不会有新的特斯拉半挂卡车试验生产，除非他们将这条生产线搬到其他地方。无论如何，我们会密切关注这一情况。

On the Cybertruck production shutdown, Joe Tettmeyer shared a video and he did say that his belief for the reasoning has to do with the new boring company tunnel. And it sounds like that tunnel is close to being put into use. It's also comical to me how many people think this is because Cybertruck demand has fallen off a cliff. If that were true, a three day shutdown really isn't going to do anything to move the needle. If we assume the daily production rate is between 1,000 and 1,500, you can do the math for three days, that's not that much production. If it really was a problem, Tesla would do something like Ford where they shut down F-150 Lightning production for the entirety of November and December. Two months, verse three days. Not the same.

关于赛博卡车的停产问题，乔·特特梅耶分享了一段视频，他表示他认为这与新的无聊公司隧道有关。据说这条隧道快要投入使用了。让我觉得好笑的是，很多人以为这是因为赛博卡车的需求骤减。如果真是这样，停产三天根本不会有什么影响。如果我们假设每天的生产量在1000到1500辆之间，你可以算一下，三天的产量并不多。如果真的存在问题，特斯拉会像福特那样，完全停产F-150 Lightning整个11月和12月。两个月对比三天，完全不是一码事。

A quick note on Tesla's Bitcoin holdings with Bitcoin crossing over $100,000, Tony, the accountant is estimating that Tesla has roughly 11,630 Bitcoin on the balance sheet. Just to cut to the chase, according to Tony's estimates Tesla might be sitting on about $1 billion in unrealized gains with its Bitcoin holdings. Which, as a shareholder, should make you wish that Tesla never sold any of the $1.5 billion it originally bought. But that's neither here nor there. If you go to Tesla's most recent 10Q, you'll see at the end of September, Tesla had a fair value for its digital assets of $729 million, and this was before the most recent run up. And remember, Bitcoin is up about 56% from the end of quarter three, which means currently Tesla should have over $1 billion in Bitcoin. And even if you go back to the end of 2023, the fair value at that point was $487 million, so just from the end of last year to where we're at now, Tesla would have over $500 million in gains. But the original Bitcoin Tesla bought was back in 2021, so the gains are even higher.

关于特斯拉持有的比特币的一条简短说明：随着比特币突破10万美元，特斯拉的会计师Tony估计公司账面上大约有11630个比特币。直接了当地说，根据Tony的估算，特斯拉的比特币持有可能会带来大约10亿美元的未实现利润。作为股东，你可能会希望特斯拉没有卖掉最初购买的15亿美元比特币。不过，这已经是过去的事了。查看特斯拉最近的10Q财务报告，你会发现截至9月底，特斯拉的数字资产公允价值为7.29亿美元，这还是在最近价格上涨之前的情况。请注意，比特币从第三季度末以来上涨了约56%，这意味着现在特斯拉持有的比特币应该超过10亿美元。即使回到2023年底，当时的公允价值为4.87亿美元，所以仅从去年年底到现在，特斯拉就已经有超过5亿美元的涨幅。而且，特斯拉最初购买比特币是在2021年，因此实际收益可能更高。

I'm touching on this because year to date through the first three quarters, Tesla's gap net income is $4.7 billion. So a $1 billion gain from Bitcoin is certainly not nothing. Don't get me wrong, I am not trying to argue it should be moving the stock price at all, but it's nice to have a little extra capital. Owen shared an image saying new Model 3's have pillar camera heaters. The truth is, most Tesla vehicles over the past few years have camera heaters to some degree, but Tesla has been gradually improving them. I don't expect anyone to remember this, but last year when we were talking about the AI4 upgrades, part of that was the B pillars getting a new camera heating device.

我提到这一点是因为截至今年前三个季度，特斯拉的净利润为47亿美元。因此，比特币1亿美元的收益无疑不是小数目。但别误会，我并不是说这应该影响股价，只是多一点资金总是好的。Owen分享了一张图片，说新的Model 3有立柱摄像头加热器。事实上，过去几年里，大多数特斯拉车辆都在某种程度上配备了摄像头加热器，但特斯拉一直在逐步改进。我不指望大家还记得这件事，但去年我们谈论AI4升级时，其中的一部分就是B柱安装了新的摄像头加热设备。

On X-Test Ali shared a good video about a Tesla engineer sharing some facts about the upcoming cybercab. In case you missed it, here are the bullet points from the video, many of them we've heard before, but one I did want to highlight, he said the cybercab will have roughly half the parts of the Model 3. So Tesla eventually producing this vehicle at a cogs between $15,000 and $20,000 is squarely on the table. And lastly for the trunk, it can fit multiple golf bags and separately two full-sized carry-ons and two full-sized checked bags at the same time. It can fit some bicycles and it will fit foldable wheelchairs.

在X-Test上，Ali分享了一个很好的视频，关于一位特斯拉工程师讨论即将推出的cybercab的一些事实。如果你错过了，这里是视频中的要点：其中很多我们之前听说过，但有一点我想强调的是，他提到cybercab的零部件数量将大约是Model 3的一半。因此，特斯拉最终以15,000到20,000美元的生产成本制造这款车是有可能的。最后，后备箱可以容纳多个高尔夫包，并且可以同时放入两个全尺寸登机箱和两个全尺寸托运行李。它可以存放一些自行车，还能放得下可折叠的轮椅。

With XAI, I'm seeing it more and more as a canary in a coal mine for Tesla. Elon's not content with 200,000 GPUs making it the largest supercomputer in the world, but now he wants at least a million GPUs in Memphis. They did not provide a time frame, but XAI will likely buy the GPUs from Nvidia. The loss is currently at 200,000 GPUs with the goal of hitting 300,000 by next summer, and eventually hitting 1 million, which is bonkers, but my point here is that XAI will have so many learnings from pushing the boundaries like this. For everything, chip acquisition, cooling, the engineering of the facilities, how to train these models, how to reduce the power consumption, all of those learnings are going to benefit Tesla.

随着XAI的发展，我越来越觉得它就像特斯拉的煤矿中金丝雀。埃隆对拥有20万块GPU、作为全球最大超级计算机并不满足，现在他希望在孟菲斯拥有至少100万块GPU。他们没有提供具体时间表，但XAI很可能会从Nvidia购买这些GPU。当前的目标是在明年夏天前达到30万块，最终达到100万块，这听起来有些疯狂。但我的重点是，通过这样地突破界限，XAI将在多个方面获得大量经验。其中包括芯片采购、冷却系统、设施工程、如何训练这些模型以及如何降低能耗，而所有这些经验都将对特斯拉有益。

And I know it can't just be me that wants to have Grok in a car with an audible version where I can just hit a button and talk to it, ask it questions, and it speaks the answers back to me so as I drive, I can learn about whatever topic. I think that would be such a killer feature, I would use it all the time. Waymo has announced a partnership with Move, targeting the Miami market, and they're looking to open their doors by 2026. Waymo said we'll first collaborate with our fleet partner, Move, in Phoenix, where they'll begin taking on the management of our fleet operations, facilities, and charging infrastructure. The partnership is designed to maintain and enhance the clean, consistent experience that our riders have come to expect and rely on.

我知道，不可能只有我一个人希望在车里装一个可以语音互动的Grok，我可以按下一个按钮就跟它对话，问问题，它会直接说出答案给我听，这样我一边开车一边就能学习各种主题。我觉得这将是一个超级实用的功能，我会一直用它。Waymo宣布与Move建立了合作关系，目标是在迈阿密市场，到2026年开门营业。Waymo表示，我们将首先在菲尼克斯与我们的车队合作伙伴Move合作，由他们开始管理我们的车队运营设施和充电基础设施。这个合作旨在维护并提升乘客所期待和信赖的清洁、一致的乘车体验。

But this is interesting because to date, Move has been a global mobility FinTech company, they've really been specializing in vehicle financing and financial services in the transportation sector. Move is based in Nigeria and they have said that they remain committed to its core business of providing vehicle financing solutions to mobility entrepreneurs in emerging markets. But now Waymo is asking them to manage Waymo's fleet operations. There are plenty of restrictions with this one, but Baidu has secured the first ever license to test autonomous vehicles in Hong Kong. They now have a five year permit to operate 10 autonomous vehicles in the North Landau area, and obviously the more locations around the world that get comfortable with autonomous testing, the easier it'll be eventually for Tesla.

这很有趣，因为到目前为止，Move 是一家全球移动金融科技公司，主要专注于车辆融资和运输行业的金融服务。Move 总部位于尼日利亚，并表示他们将继续致力于为新兴市场的移动创业者提供车辆融资解决方案。然而，现在 Waymo 希望他们来管理 Waymo 的车队运营。虽然这其中有很多限制，但百度已获得历史上首个在香港测试自动驾驶汽车的许可。他们现在有一个五年的许可，可以在北大屿山地区运营 10 辆自动驾驶汽车。显然，全球范围内越来越多的地区如果对自动驾驶测试感到舒适，以后对特斯拉来说也会越容易。

Rivians first fast charging location open to all electric vehicles is now open at Joshua Tree. We've been saying the cracks are starting to show at Legacy OEMs, this time around the W had almost 100,000 workers joining in walkouts. They're protesting at German plants against management's plans to cut costs and close sites. Meanwhile, GM is facing its reckoning in China as this week it just took charges and assets right down of more than $5 billion for its joint venture with SAIC. The joint venture will likely cull workers and shutter plants. GM's deal with SAIC expires in 2027 so after that GM may not really have a future in the Chinese market.

Rivian首个对所有电动车开放的快速充电站现已在约书亚树开放。我们一直在说，传统汽车制造商的问题开始显现，这次有近10万名工人在罢工。他们在德国的工厂抗议管理层削减成本和关闭工厂的计划。与此同时，通用汽车在中国面临困境，这周它的与上汽的合资企业因资产减值而损失超过50亿美元。该合资企业可能会裁员和关闭工厂。通用汽车和上汽的合作协议将在2027年到期，因此之后通用汽车在中国市场可能前景不明。

For 2025, consumer reports ranked the vehicle reliability of 22 different brands based on feedback from owners. And the top three companies we have Subaru, Lexus and Toyota with Tesla clocking in at 17th on the list with a score of 36. And for reference, the highest score from Subaru was 68. And the other way down at the bottom you have Rivian at 14. Effectively, this report card packages up many different reports from consumer reports into one list. Their main takeaway was that automakers that swing quite widely by taking bigger risks, implementing new platforms or new powertrains, new technology, that's where you wind up having reliability problems. Now, at least for me, the Tesla specific ratings were behind a paywall. I've shared tens of times over the past few years how I feel about consumer reports, but I just want you all to know the reports out there if you want to take a look.

在2025年，消费者报告根据车主的反馈对22个品牌的车辆可靠性进行了排名。在排名前三的公司中，有斯巴鲁、雷克萨斯和丰田，而特斯拉在榜单中排名第17，得分为36。作为对比，斯巴鲁的最高得分是68，而排在最后的是Rivian，得分为14。实际上，这份成绩单将消费者报告中的多个报告整合成一个列表。他们的主要结论是，那些在新平台、新动力系统或新技术上冒更大风险的汽车制造商，常常会出现可靠性问题。目前，至少对我而言，特斯拉的具体评分被放在了需要付费才能查看的部分。过去几年中，我已经多次分享了我对消费者报告的看法，但我只是想让大家知道这些报告是存在的，如果你有兴趣可以去看看。

And Lucid hit a big milestone today as they have officially begun production of the Gravity in Arizona. And look, despite Peter's nonsense, I'm still rooting for Lucid to make it in the end. Tesla stock closed the day at $369.49 up 3.23% while the NASDAQ was down 0.17%. The volume was 19% below the average to past 30 days. I would also note that Uber was down over 9% today and Lyft was down over 10% today. That could be many things, but on a day when Tesla significantly outperformed the broader market, I think you know what I'm thinking.

Lucid 今天达到了一个重要的里程碑，因为他们已经在亚利桑那州正式开始生产 Gravity。尽管对 Peter 的有些说法不太认同，我仍然支持 Lucid 取得成功。特斯拉的股票今天收盘价为 $369.49，上涨了 3.23%，而纳斯达克指数则下跌了 0.17%。成交量比过去 30 天的平均水平低了 19%。我还注意到今天 Uber 下跌了超过 9%，Lyft 下跌了超过 10%。这可能有很多原因，但在特斯拉当天表现显著优于大盘的情况下，我想你知道我的意思。

Don't forget to check out sign.com linked below and take advantage of that discount. In my opinion, it's a great account to have whether you need one signature a year or hundreds. Hope you guys have a wonderful day. Please like the video if you did. You can find me on Xlinked below and a huge thank you to all of my Patreon supporters. Thank you.

别忘了查看下面链接的sign.com，并利用这个折扣。依我看，无论你一年需要一个签名还是几百个，这都是个很不错的账户。希望大家有美好的一天。如果你喜欢这个视频，请点赞。你可以在下面链接中找到我的X，也非常感谢所有在Patreon上支持我的人。谢谢。