Tesla Giga Mexico Updates, Megapack, UAW Demands

Hey everybody Rob Merr here and today we are going to be talking about a couple of updates on Gigamexico, news on Tesla Mega Pack, UAW negotiations as they have commenced those with the three major automakers in the US and a couple other items as well. Looking at the stock, Tesla today up 1.30% close at $245.34 while the NASDAQ was up 1 10th of a percent on the day so a little bit of a nice outperformance from Tesla today.

大家好，我是Rob Merr，今天我们将讨论Gigamexico的一些更新消息，特斯拉的Mega Pack新闻，以及UAW与美国三大汽车制造商的谈判以及其他一些事项。从股市来看，特斯拉今天上涨了1.30%，收于245.34美元，而纳斯达克指数当天上涨了0.1%，所以特斯拉今天表现稍微超过了市场。

First off we are going to look at the CPI that driving a lot of the macro movement today. Of course we started off strong, Tesla and the general market but faded a little bit throughout the day. That strong start probably driven by the consumer price index coming in a bit below expectations, roughly 10 basis points depending on what metric you are looking at. So the headline number was just below 3.2% for July so that is down slightly up actually from the prior month but if we look at the month over month comparison in line with last months increase. And then for core that still is a little bit tricky to bring down. Obviously shelter has been keeping that a little bit higher but core coming in at 4.7% which is slightly down month over month. And then slightly down from last month I guess more correctly stated. And then for core of month over month that is again up 0.2% month over month. So lower than what we have seen and kind of getting closer to the range where the Fed might want it to be in between that 0.1 to 0.2% growth each month which would annualize out to about 2%. So not anything too crazy with CPI but again nice to see it coming a little bit below expectations.

首先，我们将看一下今天驱动宏观市场走势的消费者物价指数（CPI）。当然，我们在特斯拉和整个市场上开局很强势，但逐渐在一天中放缓。这种强势开局可能是由于消费者物价指数稍微低于预期，根据您查看的具体指标而定，大约低了10个基点。因此，7月份的头条数据仅略低于3.2%，实际上比上个月略有上升，但如果我们按月比较的话与上月相当。然后，核心指标仍有点棘手。显然，住房成本一直保持较高水平，但核心物价指数从上个月的4.7%略有下降。而与上个月相比稍微下降可能更准确地说。然后，从每月核心物价指数的角度来看，再次上涨了0.2%。因此，CPI并没有太过离谱，但很高兴看到它稍微低于预期。

Alright getting into the updates on Gigamaxco we've got some reporting from Molennio out of Mexico saying that construction work may have started at Tesla's Gigafactory there. They're not really sure they're basically seeing some machinery, some equipment starting to show up on site. So they say that since this Wednesday they've seen machinery near the highway right next to Gigamaxico it doesn't seem that there's a lot going on yet but some of this machinery starting to show up could be indicative of that happening relatively soon if not starting to happen at this moment. They say it's not clear exactly what type of work is being carried out but the machinery that is there is excavation type of equipment. And then we can see here they've also reported that they've got a quick video on YouTube just paused here so we can see the caption. They say that they believe that the construction of the so-called Gigafactory of Tesla has already begun but again they're not 100% sure on that. So hopefully fingers crossed I think we'll see a bit of an announcement when that starts to officially happen and we'll probably hear a little bit more news but exciting to see some equipment start to show up.

好的，现在让我们来了解一下Gigamaxco的最新情况。来自墨西哥的Molennio报道称，特斯拉的Gigafactory可能已经开始施工了。他们并不确定，只是看到一些机械设备开始出现在现场。他们说，从本周三开始，他们在Gigamaxico附近的高速公路上看到了一些机械设备，目前似乎还没有太多事情在进行，但是一些机械设备开始出现可能表明这很快就会发生，即使此刻还没有开始。他们说目前还不清楚正在进行什么类型的工作，但这些机械设备是挖掘类型的设备。然后我们可以看到他们还报道了他们在YouTube上有一个快速的视频，我在这里暂停一下，我们可以看到标题。他们说他们相信特斯拉所谓的Gigafactory的建设已经开始，但他们对此并不百分之百确定。所以希望如此，我想当正式开始时我们会看到一些公告，我们可能会听到更多的消息，但是看到一些设备开始出现还是令人兴奋的。

And then like we talked about yesterday we've got another new hire relating to Gigafactory is today. This is Dr. Michael Schmidt who has I believe Electric First reporting on this has been operating as the director of operations for Gigafactory is at Tesla for the last two months. So he previously was at Bosch and some interesting experience with project management and you know technical plant manager general manager experience specifically in Mexico for Bosch. So it looks like Tesla has hired him you know for Gigafactory work in general but you'd have to imagine that with the experience there in Mexico this would be a great fit for what Tesla is doing with Gigamexico as well. So a couple of pretty high level hires over the last couple months obviously just noticing in the last couple of days but over the last couple of months for Tesla relating to their Gigafactory expansions. So exciting to see that.

然后，就像我们昨天谈论的那样，今天我们又有一个与Gigafactory有关的新员工。这个人是Michael Schmidt博士，我相信Electric First对此进行了报道。过去两个月，他一直担任特斯拉Gigafactory的运营总监。所以他之前在博世工作，有一些有趣的项目管理和技术工厂经理方面的经验，特别是在墨西哥的博世。看起来特斯拉是因为Gigafactory的工作而雇佣了他，但你也可以想象，考虑到他在墨西哥的经验，他在Gigamexico方面也会非常适合特斯拉正在做的事情。所以在过去几个月里，特斯拉在扩大Gigafactory方面做了几个相当高层次的招聘。很高兴看到这一点。

Alright, we've got another update from Fremont. So this is our guess from Fremont and Lathrop, this would be I believe at Lathrop. But Met God in the wilderness who's done these drone plivers at these facilities for Tesla spotted a number of megapacks here. Looks like from this count 146, I think there may have been a couple others or you know handful more in other areas of the factory but 146 megapacks in this photo which would equate to you know almost half a gigawatt hour and come to roughly 300 million dollars you know it depends on if they're selling one of these megapacks to each individual customer or if this is a bulk order for one company that'll change the average price but if you look at the configuration design studio for megapack you get 146 megapacks at about 290 if you increase the duration to 4 hours you would get that down to about 260 I think it was so roughly that ballpark for the amount of potential revenue that we're seeing here in this parking lot for Tesla which is always fun.

好的，我们收到了Fremont方面的另一个更新。总结一下，我们推测这个是来自Lathrop的情况。但是在这个特斯拉的工厂附近，一位在荒野中与上帝交谈的人发现了许多megapack（特斯拉的电力储存系统）。从这张照片中，我们约数出了146个megapack。这将相当于一个接近半个千兆瓦时的容量，大约价值3亿美元。具体价格取决于是将一个megapack卖给每个单独的客户还是这是一个批量订单给同一家公司，这将改变平均价格。如果您在megapack的配置设计工作室里看到146个megapack的数量，大约需要290美元，如果你将持续时间增加到4小时，价格将降至约260美元。所以对于特斯拉停车场中这个潜在的收入量来说，大致在这个范围内，这总是很有趣的。

Obviously these days, you know, Tesla shipping out multiple batches of these each quarter to get to their multiple gigawatt-hour installations each quarter which is exciting to see but fun to see them all in the same spots and kind of cool to see how Tesla's got this set up. They've got a little grid-like almost parking spaces for megapacks it looks like. There could be some more to come before this ends up getting shipped out so cool to see that update from Tesla's playthrough facility.

显然，近年来，特斯拉每个季度都会发运多个批次的这些产品，以满足他们每个季度的多个千兆瓦时装机需求，这真是令人激动。同时，在同一地点看到它们集中在一起非常有趣，而且看到特斯拉是如何设置这些装机设施也很酷。他们的装机区域看起来像一个小网格，几乎是停车位样式的，感觉好像还有更多的产品要运出来，所以能看到特斯拉生产设施的最新进展真是很酷。

Then we have an update on NACS. Tesla has licensed NACS to VOLEX who will help build more connectors for NACS. Obviously, these would be predominantly or entirely built today by Tesla in their facilities but it sounds like as other automakers start to come on board there's going to be third-party suppliers that are also helping with these and VOLEX would be fulfilling that need. They do say they've become a licensed partner for NACS. I'm not exactly sure what sort of licensing agreement there would be here because obviously Tesla has now open-sourced this SAE is looking at making this standardized which would presumably, you know, eradicate any need for any licensing agreement I guess. But in the meantime, it looks like they're kind of getting started with a licensing agreement. I would imagine that there's not any you know huge benefit to Tesla there other than just again getting more of these connectors out there. So I don't know a ton about VOLEX to provide any additional context on that but relatively big company I think they said they have probably get the number here wrong but I think they said they have like 8,000 workers, yeah, 8,000 people imported the company so relatively large company that Tesla will be or that will be helping out with NACS production. That should help other automakers and potentially other third-party chargers with that build-up.

然后我们有关于NACS的最新消息。特斯拉已经将NACS授权给VOLEX，帮助其构建更多的连接器。显然，这些连接器今天主要或完全由特斯拉在其设施内建造，但听起来，随着其他汽车制造商开始加入，将会有第三方供应商也帮助解决这个问题，而VOLEX将满足这一需求。他们确实表示已成为NACS的授权合作伙伴。我不太确定这里会有什么样的许可协议，因为显然特斯拉现在已经开源了，SAE正在考虑使其标准化，这可能会消除任何许可协议的需求。但同时，看起来他们似乎已经开始进行许可协议。我想象特斯拉在这方面不会有太大的好处，除了再次将更多的这些连接器推向市场。所以我不太了解VOLEX的背景，无法提供任何额外的信息，但我认为他们是一家相对大型的公司，他们说他们可能从事错误的数字，但我记得他们说他们有8000名员工，是一家相对大型的公司，将协助特斯拉进行NACS生产。这将有助于其他汽车制造商和潜在的第三方充电器的发展。

The next thing we've got today is an update on the UAW. So as we know these negotiations have started between the UAW and Ford, GM, Chrysler Stellantis now and oh wait we're skipping out of here we'll go to this one we'll come back to this other one. But so the UAW there's a report from automotive news today that they are asking for more than 40% raises and potentially labor rates that would nearly triple up to $150 per employee according to some sources. This could potentially increase labor costs labor costs across all of these manufacturers by 45 to 80 billion dollars a year and as automotive news here says could threaten their future viability if those types of increases were to go through. So it's a big ask obviously this is early on in negotiations so you're gonna start high and some you know work your way down probably end up meeting somewhere in the middle so I won't put too much weight in this right now but it's interesting to see you know this start to begin and it'll be a good story for us to follow as these negotiations continue because it could lead to some potentially significant interruptions by way of strike for these other automakers later this year so we'll continue to keep an eye on that.

今天我们要提供的下一个消息是关于美国汽车工人联合会（UAW）的更新。我们知道，UAW与福特、通用汽车、克莱斯勒斯特兰蒂斯之间的谈判已经开始，哦等等，我们现在跳到另一个话题，然后再回到这个。但是，据《汽车新闻》报道，UAW正在要求超过40%的加薪，并且据一些消息来源称，可能将劳动力费用提高到每位员工近150美元，几乎是现在的三倍。这可能会导致这些制造商的劳动力成本每年增加450到800亿美元，并且如同《汽车新闻》所说，这样的增幅可能会威胁到它们未来的可行性。很显然，这是一个巨大的要求，现在还处于谈判初期，所以起点会很高，然后可能会逐渐降低，最终可能会在双方之间达成妥协。所以现在我不会把太多重要性放在这里，但很有意思的是，我们看到了谈判的开始，随着这些谈判的继续，这将成为我们继续关注的一个重要故事，因为这可能导致今年晚些时候其他汽车制造商发生严重的罢工。我们将继续密切关注这个问题。

And we'll go back to one story here; also from automotive news and this is on NHTSA investigating a Tesla crash that happened back in July, unfortunately, a fatal crash with a Tesla vehicle and a semi-trailer semi-truck trailer in Virginia. So I don't know a ton about this accident, but it sounds like there was a tractor-trailer that turned out onto a road and unfortunately, the Model Y which was potentially on autopilot did not stop and there was a collision obviously fatal accident. So NHTSA is looking into it. It's worth mentioning though that NHTSA looks into more than a hundred of these each year especially when it potentially involves newer technology like autopilot or FSD so it doesn't necessarily mean a whole lot and we have seen many cases where there's been an investigation and there's you know they learn more information and it kind of moves on from there and there's no real. party at fault probably also worth mentioning that the driver of the semi-truck trailer was yeah the driver of the semi-truck trailer was issued a summoned for reckless driving so again I don't know all the details of the crash but perhaps you know some faults at the semi-driver in this scenario as well so we'll see I don't know that we'll hear a whole lot more on that for a while but we'll keep an eye out for it

我们将回到一个新闻报道，也是来自汽车新闻，关于NHTSA正在调查一起发生在七月份的特斯拉车祸。不幸的是，这起车祸是一起特斯拉汽车与弗吉尼亚州的一辆半挂卡车挂车发生的致命车祸。我对这起事故了解不多，但据说有一辆卡车开到了路上，然而特斯拉Model Y可能处于自动驾驶模式下，并没有停车，导致发生了一次明显致命的碰撞。因此，NHTSA正在进行调查。但需要注意的是，NHTSA每年都会调查100多起类似的事故，尤其是涉及到像自动驾驶或FSD这样的新技术，所以这并不一定意味着太多，并且我们已经看到很多调查的案例，他们会获得更多的信息，然后事情会有所发展，没有真正的责任方。也值得一提的是，挂车司机被控以危险驾驶被传唤了。所以说，我不知道这起事故的所有细节，但在这种情况下，半挂卡车司机可能也有一些责任。我们会继续关注此事，但可能要等一段时间才会听到更多消息。

and then the last couple things for today Illinois has extended their electric vehicle rebate program or I guess more more specifically renewed it beginning on November 1st I think applications will open up for this on October 18th it'll run through July or January 31st of 2024 this will be a $4,000 rebate so it'll be a pretty short window here for potential EV buyers to benefit from this rebate during that window it is until funds expire or you know all used during that window so it could even be a little bit shorter I'm not sure what the total budget is I'm not sure if that's been disclosed but I think in the past that these have run out pretty quickly so good to see but in terms of the impact a little bit questionable in terms of how big that budget is

伊利诺伊州已经延长了他们的电动车折扣计划，具体来说是从11月1日开始续约。我想在10月18日申请将被开放，该计划将持续到2024年1月31日。这个折扣金额为4,000美元，所以对于有意购买电动车的人来说，这个时间窗口相对较短，可以从这个折扣中受益。在这个时间窗口内，如果资金用尽或者提前用完，可能会缩短一点，我不确定总预算是多少，也不确定是否已经公开，但我想在过去，这些资金通常很快用完，所以很高兴能看到这样的计划，但在影响方面，这个预算有些问题，不确定其规模有多大。

and then moving on we've got just kind of a quick update on X today so Linda Yacareno Tesla Tesla's X the CEO was on Squawk of Street this morning just to kind of talk about where things are at with X right now with the rebrand with her you know time at her time at the company which is now dated a couple months pretty good interview I would say if you want to check these out unfortunately CNBC kind of divided them into different clips but you can just search CNBC Linda Yacareno and those clips should come up but she said X is in a really good spot talked about just kind of brand safety the tools that they have added the progress that they have made on things like hate speech which obviously get out a lot of headlines but she said you know when she worked at NBC Universal for 11 years Twitter was the number one partner and by all objective measures the platform that Twitter is today or that X is today is much healthier and safer than it was a year ago and that they've added new brand safety new content moderation tools and things like that to help improve that she's sort of doing the rounds with CMOs CEOs to kind of make these points clear to them and she said that coke visa state farm they've all returned to the platform the operational run rate right now for for X or Twitter is pretty close to break even they're starting to hire again and right now they're in sort of the the shift from super cost discipline which we see you know we saw early on in Elon Musk's takeover now to more of a focus on growth paired with that hiring so I would definitely recommend checking out those clips especially if you haven't heard a whole lot from her I think she's asked a lot of hard questions and responded really well to those questions so give us a little bit more insight into you both what's going on with X and her position at the company

然后我们简要地更新一下今天关于X的情况，Linda Yacareno是特斯拉的X首席执行官，今天早上在《华尔街早餐》节目中谈论了X的现状，包括品牌重塑、她在公司的时间（已经持续了几个月）等。我认为这次采访非常不错，如果你想了解更多，可以搜索CNBC Linda Yacareno，应该能找到相关片段。她说X现在处于一个非常好的位置，谈到了品牌安全、他们所添加的工具以及在类似仇恨言论这样的问题上所取得的进展，这些问题显然引起了很多关注，但她说，当她在NBC环球影业工作了11年时，推特是第一合作伙伴，而从所有客观指标来看，现在的X平台要比一年前更加健康和安全，他们已经增加了新的品牌安全、内容审查等工具来改善情况。她正在与首席营销官和首席执行官们进行沟通，以明确这些观点，她还表示可口可乐、维萨和国家农场已经回到了该平台上。目前，X或Twitter的运营收支几乎接近盈亏平衡，他们正在重新开始招聘，并且现在正处于从极度成本控制的阶段（正如我们在埃隆·马斯克接手初期看到的）到更加关注增长并伴随着招聘的阶段转变。我强烈建议你去观看这些片段，尤其是如果你对她的情况了解不多的话，我认为她面临了很多棘手的问题，对这些问题作出了很好的回应，这为我们提供了一些关于X目前的情况以及她在公司的位置的更多见解。

and then last item for today just a quick look at the calendar so tomorrow we will have the producer price and extra ports in the morning and then looking ahead to next week we have a few economic reports we also have the FOMC meeting minutes as we head into next week so just wanted to take a quick look at that because I'm gonna be off tomorrow a little bit of the reason that today's episode is a little bit earlier I am heading to the airport shortly catch a flight to Seattle gonna hang out with galley a little bit this weekend so no episode tomorrow as I'll be doing that but should be back on Monday all right that'll wrap it up for today as always thank you for listening make sure you subscribe and sign up for notifications you can also find me on x at tesla podcast and we'll see you on Monday for the august 14th episode of tesla daily thank you

然后，今天的最后一件事是快速查看一下日历，明天早上我们将有生产者价格和额外的口岸，然后展望下周，我们有一些经济报告，还有即将到来的FOMC会议纪要，所以只是想快速看一下，因为我明天会请假，所以今天的节目稍早一点播放，我将很快前往机场，乘机去西雅图，这个周末会和一些朋友一起玩，所以明天没有节目，但应该会在周一回归，好了，今天就到这里，感谢大家的聆听，记得订阅和打开通知，还可以在x上找到我，我是tesla podcast，我们下周一见，感谢大家收听今天的8月14日的tesla日报。谢谢！