Huge Change for Tesla Model 3, Tesla Cybertruck Castings, China EV Credits

Hey everybody, Rob Marrow here, happy Friday. Today we are talking about a pretty big change to the EV tax credit in the United States for the Model 3. We've also got some pretty exciting updates on the Cybertruck, some castings being spotted at Kigga Texas, a couple of other stories as well, but should be a pretty quick one today.

大家好，我是Rob Marrow，祝大家周五愉快。今天我们要谈谈美国对Model 3的电动汽车税收优惠做出的相当大的改变。我们还有一些非常令人兴奋的关于Cybertruck的最新消息，有些零件在德克萨斯的Kigga工厂被发现，还有一些其他的故事，但今天应该会很快。

All right, looking at the stock, really nice run has continued Tesla 3.1% today to close at $213.97, well then Azzec also with a strong day up 1.1%. So really nice to see that. If we look at the one month trend now, Tesla up about 33% over the last month. So the strength continues today to close out the week and to close out the last sort of days here in May as we head into the last month of the second quarter.

好的，看看股票情况，特斯拉今天再次表现良好，涨了3.1%，收于213.97美元，Azzec今天也表现强劲，上涨了1.1%。真的很不错。如果我们现在看一个月的趋势，特斯拉在过去一个月里上涨了约33%。因此，强势继续，结束本周和五月份的最后几天，我们进入第二季度的最后一个月。

All right, so let's get into this update on the tax credit for the Model 3. As we can see on Tesla's site now, the $7500 federal tax credit says it applies to all new Model 3 vehicles which qualify. So previously, as we know, this was $7500 for a period of time there as Congress or whomever was still working out some of the details.

好的，现在让我们来更新一下 Model 3 的税收抵免情况。从特斯拉网站上可以看到，对于符合条件的新款 Model 3车型，7500美元的联邦税收抵免政策现在已经适用。之前，我们知道这个政策曾经因为国会或其他人员还在磋商细节而在一段时间内达到了7500美元的高峰。

I think the Department of Treasury or something like that. Still working out some of the details that got published and that actually changed the standard range and long range Model 3 to reduce those credits to $3,750. And that's kind of what it's been.

我认为是财政部或类似的机构。他们正在解决一些细节问题，这些问题已公布并实际上改变了标准射程和长程Model 3的范围，以将这些信贷减少至$3,750。这就是目前的情况。

And now all of a sudden, it just seems to have updated to $7500 for all vehicles, which now applies for all the Model 3s below $55,000. As it says here, all the Model Ys below $80,000 as we have talked about before. So this is a pretty big change. That changes the starting price down to around $32,000, $33,000 now for the Model 3, a rear-wheel drive standard range version.

现在突然间，所有车辆的售价都升至7500美元，这适用于所有售价低于55000美元的Model 3。就像在这里所说的那样，所有售价低于80000美元的Model Y，这是我们之前谈论过的。所以这是一个相当大的变化。将Model 3标准版后驱普通型的起价降至约32000美元，33000美元。

We've talked about some of the state credits recently. So anyone in Colorado potentially getting a phenomenal, phenomenal deal on a Tesla with these credits kind of stacking. So what's going on here? Did Tesla kind of change the batteries around to make it eligible from the ineligibility for the full credit that we had seen before? It's not clear.

我们最近讨论了一些州级税收抵免。因此，在科罗拉多州，通过这些抵免，任何人都有可能以极其优惠的价格购买到特斯拉。那么这是怎么回事呢？特斯拉改变了电池组合，使其符合之前无资格获得全额抵免的标准吗？还不确定。

But right now, it looks like there has not been a change if we look at the spec sheet for the rear-wheel drive version that Tesla has on their website, which they usually do a pretty good job of updating pretty quickly. The charging speed is still 170 kilowatts here as compared to obviously something like the performance vehicle, which is using the 2170s, that's going to get 250 kilowatts.

但目前来看，如果我们查看特斯拉网站上后驱版本的规格表，似乎还没有变化，他们通常会相当迅速地进行更新。这里的充电速度仍然为170千瓦，显然与高性能车辆相比，采用了2170电池，则能获得250千瓦的充电速度。

So a little bit of a different chain, you know, a little bit of a different number there, which we have seen before, which signifies that's probably a lithium-ion phosphate pack. So probably still coming from China. And I don't know that any of these other numbers have changed the weight. Sometimes can be a good indicator for us.

这条链有些不一样，数字也有些不同，我们以前也见过这样的数字，可能意味着这是一个锂铁磷酸盐包。所以它可能仍然来自中国。其他数字是否改变了重量我不确定，有时这会是一个很好的指标。

But to me, it looks like these are all kind of the same numbers that we had seen before. And furthermore, if we look at inventory vehicles that would potentially be in the supply chain and theoretically could have been eligible for this earlier if the batteries were different, they're also showing a $7,500 federal tax credit here.

但在我看来，这些数字似乎都是之前看到过的。而且，如果我们看看可能在供应链中的库存车辆，理论上如果电池不同的话，它们也显示了7500美元的联邦税收抵免。

Tesla is still saying all new Model 3 vehicles qualify for federal tax credit for eligible buyers. So you would think that if this is some sort of new battery, there may be a little bit of a difference in the specs, whether that's range, charge rate, weight, something like that. Or you'd expect that these vehicles that maybe had the old battery that have been sitting here and saying that they're eligible for $3,700 and $50 credit, $3,750 credit, you would think that those would still be sort of in that same bucket.

特斯拉仍然声称所有新款Model 3车辆适用于符合条件的购买者的联邦税收抵免。因此，您会认为如果这是某种新的电池，规格可能会有一些不同，无论是续航里程、充电速度、重量等等。或者您期望这些可能拥有旧电池的车辆仍然符合$3,700和$50信用、$3,750信用的资格要求。

So whatever happens here, it seems like, you know, Tesla has been able to negotiate or get some clarity on how the battery falls within sort of the requirements, which again are you know, certainly complicated. So I wouldn't be too surprised if that were the case. And now they've got that clarity and feel comfortable advertising this is the $7,500 credit. So that's kind of my best guest right now.

不管发生了什么，似乎特斯拉已经成功谈判或获得了某些关于电池符合要求的明确规定，这些规定当然很复杂。如果是这样的话，我并不会感到太惊讶。现在他们已经获得了清晰的规定，并且对宣传这项7500美元的税收抵免感到舒适。这是我现在的最佳猜测。

But obviously the possibility does exist that's, you know, there's a new battery. But I think more, more of the former is where I'm leaning at this early stage. Now, if we click into one of these vehicles, again, just to kind of confirm this, this is this, you know, standard range here that's 90 miles on the odometer.

显然存在着这样的可能性，也就是说有一个新电池。但我认为更多的可能是前面那一种，这是我现在的倾向。如果我们再点击其中一个车辆，仅仅为了确认一下，它的里程表上显示的是标准行程，也就是90英里。

I'm just sure that a vehicle like this or this vehicle in particular was probably available yesterday too again in that old bucket. But you can see federal tax credit here on the order page for this vehicle listed at $7,500. So it looks like it's a full credit, which means that Tesla kind of getting the best of both worlds here because they had that period where it was $7,500 credit.

我相信像这样的车或特定的这辆车昨天可能再次在那个旧的储物桶里出现了。但你可以在订单页面上看到这辆车列出的联邦税收抵免为7,500美元。因此，看起来这是一个完全的抵免，这意味着特斯拉在这里得到了最好的两个世界，因为他们曾经有过7,500美元的抵免期。

And then it was announced that that was going to be cut in half. So that kind of sparks some urgency to, you know, convert your order before that credit changes. And now it's back to being the full credit again. So that can, you know, reignite some demand lower that entry point for those that are eligible for this credit on this vehicle. It put the Model 3 in a little bit of a tough spot having to compete with the Model Y being eligible for the full credit and just to have credit on those lower price versions of the three. So I'm glad to see that parity reached. And obviously this should be interesting to follow as we maybe move into a project highland update for the Model 3. But if nothing else in the interim period makes it a little bit easier for Tesla to move through that inventory and, you know, gets a great starting price for Tesla to, you know, potentially promote as as we've talked about Tesla, maybe heading down that path a little bit more. So definitely excited to see that.

随后就宣布要将它减半。这就引起了一些紧迫感，你需要在信用改变之前快速转化你的订单。现在它又回到了完整的信用状态。这意味着，那些符合此车型信用条件的人群已经可以以更低的价格购买该车，从而重新激发一些需求。然而，这使得Model 3竞争变得更加困难，因为Model Y依然能够获得完整的信用，并且只有那些价格更低的三款车获得了信用。所以我很高兴看到监管平价的到来。显然，在我们可能进入“高地计划”的时期，这也将是一个有趣的跟踪消息。但即使在临时期间，这也能够让Tesla更容易地清理库存，并且为其提供了一些很好的起点，以推广其车型。因此，我非常兴奋看到这一消息。

On a similar note, China is apparently going to be extending project purchase tax exemptions for new energy vehicles. So they've had various different credits going for EVs over different points in time. This is one that was extended toward, you know, some credits expired at the end of 2022. This one was extended and it looks like this is now going to be extended again, which has kind of been rumored for a while. But that is apparently the new development. So obviously purchase tax exemption there. I'm not sure exactly the tax rate, but if I were coaxed correctly, it's somewhere in the 10% realm. So pretty significant updates if this does indeed come to fruition. So good to see that.

同样的，中国似乎会为新能源车延长项目购置税免税优惠。在不同时间点上，他们已经有了各种不同的关于电动汽车的优惠政策。一些优惠政策在2022年底到期，而这个项目看起来能够被延长，这已经在市场上有了一段时间的传言。显然，在购买新能源车时会有免税优惠，具体的税率我不太清楚，但如果我被正确引导的话，它应该在10%左右。如果这个政策的确能够实现，那么这将是相当重要的更新。很高兴看到这个。

And then next up, we've got some interesting footage from the Gigafactory at Texas, from Joe Tagmire from his drone expeditions out there. We can see some new castings piling up and, you know, this is not the first time that we've seen some interesting looking castings. Maybe that look a little bit different from what we would see with the model Y.

下一步，我们将从德克萨斯的Gigafactory中收到一些有趣的录像，来自乔·塔格迈尔的无人机探险。我们可以看到一些新铸件正在堆积，你知道，这不是我们第一次看到一些看起来有趣的铸件。也许这些铸件看起来与Model Y的不太一样。

And in this case, you know, they look strongly to be cyber truck castings. A couple of really close up images here. I would draw attention to sort of this section. And if we look back to some of the leaked footage or the leaked image, I guess that we saw the cyber truck previously, you can kind of see what seems to be a very similar type of section right there as to what we've got here. And you know, if you look at the rest of it, kind of following pretty similar lines throughout.

在这种情况下，你知道，它们看起来很可能是电动卡车的铸件。这里有几张非常近距离的照片。我会注意到这个部分。如果我们回顾一下之前泄露的画面或图像，我想你会看到这里非常相似的部分。而且，如果你看看其他部分，它们沿着相似的线条走。

So as best we can tell, this seems to be a very close match for sort of this lower section of what seems to be the rear casting for the cyber truck. So pretty exciting to see that again. We've seen castings piling up that were a little bit mysterious before, but this seems to be our best shot of them are most significant confirmation that these would be cyber truck castings, which I'm sure I don't need to tell anyone is exciting to see those start to pile up at Catexas. Hopefully suggests a lot of progress with how Tesla is coming along with ramping up and launching production of the cyber truck. So really exciting to see that.

据我们所知，这似乎是一个非常接近的匹配，类似于看起来是Cybertruck后部浇铸件底部的部分。再次见到这个真的很令人兴奋。之前我们看到了一些神秘的铸件堆积，但这似乎是我们最有力的证据，表明它们是Cybertruck的浇铸件，我相信我不需要告诉任何人这是令人兴奋的，看到它们开始在德克萨斯州的加工工厂堆积起来了。希望这表明特斯拉正在加紧推进并启动Cybertruck的生产。真的很令人兴奋看到这一点。

And then the last couple of things for today and for the week, we've got a report here for Stellantis and GM today that they are going to have to pay 300 or they have paid, I guess, 363 million dollars in fines for US fuel economy, basically not getting up to those standards. And it was kind of interesting to see both of their responses.

今天和这周的最后几件事，我们有一个关于斯泰兰蒂斯和通用汽车的报告，他们需要支付3亿美元的罚款，因为未达到美国燃油经济标准。我猜他们已经支付了这个金额。有趣的是，看到他们两个公司的回应。

So you know, fines for this sort of fuel economy stuff, nothing new. This isn't a sort of a Volkswagen dieselgate situation. It's just not meeting their requirements from a miles per gallon perspective. So then they have to pay a penalty for that. So it's a little bit different, but I had to kind of chuckle up both of their responses.

就这个燃油经济标准来说，罚款并不新鲜事，这不是类似于大众柴油门的情况。只是从每加仑英里数的角度来看，未能达到他们的要求，然后他们就不得不为此支付罚款。因此，这有点不同，但我不得不对他们两个的回答笑了笑。

Stellantis said that this reflects on past performance recorded before the formation of Stellantis and is not indicative of the company's direction. So basically they acquired a couple of other brands to roll into the Stellantis name with Fiat Christ. So obviously and apparently that, you know, absolves them of obviously not what they're saying it absolves them. But kind of interesting to say that, hey, that's not Stellantis when predominantly it is.

Stellantis表示，这反映了在Stellantis组建之前记录的过去业绩，并不代表公司的发展方向。基本上，他们收购了几个其他品牌，将其融合到Fiat Christ的名下。所以显然，明显的是，这并不能证明他们没有责任，但说这不是Stellantis的责任确实有点有趣。因为实际上，Stellantis的影响力还是相当大的。

And then GM, they said that quote, we worked towards the goal of zero emissions future. We may use as we worked towards the goal of zero emissions future, we may use a combination of credits from prior model years, expected credits from future models, credits obtained from other manufacturers. And payment of civil penalties to comply with increasingly stringent cafe regulations and quote.

然后通用汽车公司表示，他们致力于实现零排放未来的目标。为达成这个目标，可能会使用以往车型的积分、未来车型预计的积分、从其他制造商获得的积分，以及支付民事罚款，以遵守日益严格的汽车平均燃油效率标准。

So I just kind of had to chuckle that they threw in the payment of civil penalties. As part of their strategy to comply with some of those regulations, which, you know, it's chuckle worthy, but it does also kind of make sense. You know, if you're going to have to pay more for credits from other automakers versus what you might have to pay for a civil penalty, then obviously just from a sort of ROI perspective on that payment, you'd probably opt for the civil penalty.

我有些不禁笑了起来，因为他们提及了支付民事罚款作为他们遵守一些规则的策略的一部分。这有点可笑，但也听起来有一定道理。如果你需要为了获取来自其他汽车制造商的信用额外支付，而相较于这种支付你可能只需要支付一笔民事罚款的话，从ROI（投资回报率）的角度来看，你可能会选择支付民事罚款。

So still nonetheless kind of a humorous response, I thought from both of them on the topic.

因此，我认为他们对这个话题的回应仍然有点幽默。

And then lastly for today, Tesla did a quick little video on the Model S plaid track pack or track package, which you can see on their site. We're not going to go through too much of it, but just a quick little promotional video for that option, which you can check out in the link in the description.

最后，今天的最后一件事是，特斯拉发布了一段关于Model S平式跑车套件的短视频，你可以在他们的网站上看到。我们不会详细讲解，只是一个快速的宣传视频，你可以在描述中的链接中查看这个选项。

All right, that'll wrap it up for today and for the week.

好的，今天和这一周的工作就到这里结束。

So as always, thank you for listening. Make sure you're subscribed and sign up for notifications.

一如既往地感谢您的倾听。请确保您已订阅并开启通知。

You can also find me on Twitter, at Tesla podcast, and we'll see you on Monday for what I think will be the June 5th episode of Tesla Daily. Thank you.

你也可以在 Twitter 上找到我，我的账户是“特斯拉播客”，下周一我们将会推送6月5日的特斯拉日报，谢谢光临！