Tesla Hits Record, UAW Strike May Be Ending, Honda Backtracks

Hey everybody Rob Mauer here and today we've got another pretty light Tesla news day but we do have a handful of interesting industry news that we'll talk about as well as a couple Tesla stories as well. Looking at the stock Tesla closing down 1.9% today at $212.42 to close the day. Continuing down after hours actually performing worse during after hours than during the trading session today down 2.3% as I'm recording here. If we look at the NASDAQ though the NASDAQ down about 2.4% today. This was actually the worst day for the NASDAQ since February so about 8 months ago. So Tesla relative to the NASDAQ. Obviously outperforming a bit. Nice to see that. However disappointing to see the drop after hours.

大家好，我是罗布·莫尔，在今天，我们有另一个相对轻松的特斯拉新闻日，但我们也有几条有趣的行业新闻，我们会谈论一下，也给大家讲一些特斯拉的故事。看一下特斯拉的股票，今天收盘下跌1.9%，收于212.42美元。盘后交易中继续下跌，相比今天交易日下跌2.3%。而如果我们看纳斯达克指数，今天下跌约2.4%。实际上，这是自今年2月以来，纳斯达克指数最糟糕的一天，也就是大约8个月前的情况。所以相比于纳斯达克指数，特斯拉的表现略好一些，这令人欣慰。然而，盘后交易下跌还是令人失望。

If we look at the NASDAQ today just a tough day for tech I think after some earnings reports yesterday. Alpha Better Google kind of leading the charge down. Actually the biggest drop in Alpha Bet market cap ever. They closed down 9.5% on the day today after reporting earnings yesterday based on some weakness in terms of our weakness in their cloud business. So that contributing to the NASDAQ performance today. And then after hours specifically meta reported earnings so that's kind of the big one for today. They actually beat expectations so their stock was rising after hours but during their conference call they warned of uncertainty based off of softening ad sales that they have seen so far in the fourth quarter which they attributed at least in part to the conflict in the Middle East right now. Just in general some hesitancy and softness from tech earnings I think so far that we're seeing here. We'll continue to see how the week comes in. There's still a lot of major earnings reports throughout the rest of the week.

如果我们今天看一下纳斯达克指数，对于科技股来说，我认为这只是一个艰难的一天，原因是昨天一些公司发布了财报。Alpha Better（谷歌的母公司）在领跌。实际上，Alpha Bet（谷歌）市值下降是有史以来最大的一次。他们在昨天公布财报后，当天收盘下跌了9.5％，原因是他们在云业务方面出现了一些弱点。所以这对今天纳斯达克的表现起到了一定的影响。然后，在盘后交易中，Meta（脸书的母公司）公布了财报，这是今天的重头戏。实际上，他们超过了预期，所以他们的股票在盘后交易中上涨，但在他们的电话会议中，他们警告称，第四季度目前已经出现了广告销售放缓的不确定性，而他们将其部分归因于目前中东的冲突。总的来说，我认为科技收益方面出现了一些犹豫和不稳定表现。我们将继续看本周的情况。这一周还有很多重要的财报将在后续公布。

Getting into a couple of quick Tesla news items. Tesla today announcing from the Tesla Europe X account that the Model Y has just broke the record for the most sold car in a single year in Denmark which has been held since 2013 at about 13,000 vehicles by the Volkswagen up. So Tesla's are passing that mark with the Model Y. Very exciting to see and of course a nice milestone for Tesla in Denmark and it looks like it'll be pretty significantly exceeded since we still have a little bit left. A couple months left here in the year for Tesla to continue to increase that record. So nice milestone for Tesla there. And then Tesla has also been added this year for the first time to the Fortune 100 fastest growing companies list. So Tesla actually taking the number two slot this year. The reason they were added for the first time this year is because this list is calculated based off of earnings growth over the last three years in 2019. So right prior to the period that this will be looking at Tesla had negative earnings of course as they were still going through their growth ramp in a major way. So that's going to continue for a long time. But that was a flip into profitability. We know what's happened since then. So that's kind of the first year that Tesla will be eligible for this and why they are now appearing on this as the 2023 earnings results come into play. I would expect that Tesla's growth rate obviously declines from what we had seen during this three year period. So we should expect this to drop next year when it does. We'll probably get headlines about that. But for now Tesla up there at the number two slot, although not something that's really meaningful. Just something that will probably get some some media attention here.

进入一些快速的特斯拉新闻。特斯拉今天从特斯拉欧洲X的账户宣布，Model Y刚刚打破了丹麦单年销量最高纪录，该纪录自2013年以来一直由大众up保持，销量约为13,000辆。所以特斯拉的Model Y超过了这个纪录。能看到这一点非常令人兴奋，当然也是丹麦特斯拉的一个好里程碑，而且看起来它将显著超过这个纪录，因为今年还有一点时间特斯拉可以继续提高这个纪录。所以对特斯拉来说是一个很好的里程碑。此外，特斯拉今年首次入选《财富》百强快速增长公司列表。特斯拉今年实际上排在第二位。他们今年首次入选是因为该列表是根据2019年的过去三年的盈利增长来计算的。所以在这个计算周期之前，特斯拉当然是盈利下滑的，因为他们仍然在大规模增长中。我们知道自那时以来发生了什么。这是特斯拉首次有资格入选这个列表的一年，也是2023年财报结果公布后他们现在出现在这个列表上的原因。我预计特斯拉的增长率显然会从我们在这三年期间看到的情况下下降。所以明年我们应该期待这个排名下降，到时候我们可能会看到一些相关的报道。但目前特斯拉排在第二位，虽然不是很有实质意义，但可能会受到一些媒体的关注。

And then kind of an interesting update again from Tesla on X the North America account this time. They highlighted a post from the New York Daily News last week that noted that New York City is no longer going to be limiting the number of Uber, Lyft and other rideshare vehicles on the road as long as those vehicles as long as new vehicles are electric. So this is actually a pretty big deal because those limits if you know anything about the taxi market they're they're pretty restrictive. With this update, this means that right now this ride share fleet is about 78,000 cars. Only about 2,200 of those are electric vehicles right now. The article here talks about in some cases people leasing vehicles that do have these TLC issued plates for four or $500 a week. So with the capability now to add an electric vehicle with, you know, circumventing or going around that that plate limit should be a pretty significant boost to demand for electric vehicles, which you could already make an argument are already the most economical choice. If you're doing significant ride sharing just based off the total cost of ownership and fuel savings and things like that. So I would expect that this will probably generate a pretty decent spike in orders. Obviously it's just one city, a big city for sure, but still nice to see that in terms of probably some order generation from this change for Tesla.

然后有一个有趣的关于特斯拉在北美账户的更新。他们强调了上周纽约每日新闻的帖子，该帖子指出，只要新增的车辆是电动车，纽约市将不再限制优步、Lyft和其他拼车服务车辆的数量上路。所以这实际上是一件大事，因为如果你了解出租车市场，你就会知道这些限制非常严格。通过这个更新，现在这个共享乘车队有大约78,000辆汽车，其中只有约2,200辆是电动车。这篇文章还谈到，在某些情况下，人们每周租赁这些有纽约市出租车物理交通委员会（TLC）牌照的车辆要花费400或500美元。现在可以添加电动车，无需遵循牌照限制，这应该会对电动车的需求产生相当大的推动作用，你可以说电动车已经是最经济的选择了，特别是在进行大规模拼车时，考虑到总拥有成本和节省燃料等因素。所以我预计这可能会产生相当大的订单激增。显然这只是一个城市，一个很大的城市，但仍然很高兴看到这个变化对特斯拉订单的产生带来的影响。

And then just another quick one here, Tesla has announced on the Tesla charging account on X the first version for superchargers opening in Sparks, Nevada. So we had talked about these a few of these that had been in construction. So Tesla now making this official that this one in Sparks has opened.

然后再来一个快速的消息，特斯拉在X上的充电账户宣布了超级充电站在内华达州斯帕克斯市的首个版本开放。我们之前已经谈到有几个这样的充电站正在建设中。现在特斯拉官方宣布斯帕克斯市的这个充电站已经开放。

All right, moving into some industry news then. The biggest one for today, it sounds like the UAW and Ford are coming to an agreement. It is a tentative agreement right now that is supposed to be announced tomorrow night, or I guess tonight getting my days right here. But apparently this the agreement would give forward factory workers a 25% wage increase over the life of contract originally the UAW had been asking for 44 40% the most recent offer from Ford was for about a 23% increase. So it looks like they're coming sort of in line around that 25% level. Of course, there are other things involved in the contract as well. And this will still take most likely a few days for them to sort through and then eventually vote on from members to ratify it. But this is the first sign of progress that we have seen. This seems to be the first time that the UAW has really given a counter offer that has been reasonable or I think even a counter offer at all. So with Ford potentially on the cusp of making this agreement with their workers, I would imagine that GM Stellantis will then very quickly fall in line, which means that we're probably very close to approaching the end of the UAW strikes at these factories. So you know, very good for these companies to kind of put this to an end. This has been a very disruptive period for them as we talked about yesterday, the economic impact that GM highlighted on the earnings call. I think we've got the Ford earnings call tomorrow after market close, if I remember correctly. So I'm sure they'll have comments at that point. And that may have also been sort of a point that they wanted to avoid kind of having this in place before the earnings update. So we'll see. We'll hear more about that, but it does again look like this is likely coming to an end for Ford at least. And then I would assume following quickly after with the others.

好的，那么我们来聊一些行业新闻。今天最重要的一条消息是，听起来美国联合汽车工人联合会（UAW）和福特汽车已经达成一项协议。目前这是一项临时协议，预计将在明晚宣布，或者说也可能是今晚，我想要确定日期。但显然，这项协议将使福特工厂工人在合同期内工资增长25%，而UAW最初要求的是44.4%。福特最近提出的增幅约为23%左右。因此，看起来他们在25%左右达成了一致。当然，合同中还涉及其他事项。现在他们需要花费几天的时间来处理，并最终由成员投票通过才能生效。但这是我们见到的第一个进展迹象。这似乎是UAW首次提出合理的还价，或者说是首次提出任何还价。所以，如果福特有望与其工人达成协议，我想通用汽车和斯泰兰蒂斯汽车很快也会跟进，这意味着我们可能非常接近解决这些工厂的UAW罢工问题了。因此，对于这些公司来说，能够结束这一切非常好。正如我们昨天讨论的那样，这对他们来说是一个非常干扰的时期，通用汽车在财报电话会议上也强调了经济影响。如果我没记错，我想明天福特将在市场收盘后发布财报，到那时他们肯定会有评论。这也可能是他们希望避免的一点，即在财报更新之前就达成这一协议。所以我们会了解更多相关信息，但看起来福特的问题很可能即将解决。然后我会假设其他公司紧随其后。

All right, then we do have a few other interesting updates here. The first is from Honda. So we've talked before about Honda partnering with GM to jointly develop electric vehicles that were supposed to roll out in 2027. Honda today said that they are shelving those plans with GM due to a changing business environment. So yesterday we mostly talked about the updates from GM and their shifts and their EV plans. We've talked about that for other companies as well. But now we're seeing this from Honda with their partnership with GM. I think all of these, you know, this period of time that we're seeing right now, all these decisions, they're going to have repercussions later on. They may make sense right now in terms of like, like they know the business environment, but there is hesitancy and it's extremely clear that there's hesitancy from these other automakers, which if things change a little bit in this business environment, which they notice changing, if that kind of shifts back the other way, things like this will continue to set them further behind. So very much on theme with the updates that we've been talking about pretty consistently over the last couple of weeks.

好的，我们确实有一些其他有趣的更新。首先是本田。我们之前谈到过本田与通用汽车合作共同开发电动车，计划在2027年推出。本田今天表示，由于商业环境的变化，他们决定暂停与通用汽车的计划。所以昨天我们主要谈论了通用汽车的更新、他们的转变以及他们的电动车计划。我们也谈论过其他公司的类似情况。但现在我们看到本田与通用汽车的合作也出现了这种情况。我认为，我们现在所看到的这段时间，所有这些决定都将在将来产生影响。从现在的情况来看，这些决策可能是有道理的，因为他们了解商业环境的情况，但可以清楚地看到这些其他汽车制造商存在犹豫。如果商业环境有所变化，他们可能会继续落后。所以这与我们在过去几周持续讨论的更新主题非常一致。

And then we've also got a couple of updates from GM. They report or sorry, from LG today, they reported earnings. They talked about EV demand and they said that their earnings next year could be lower than expectations relating to that saying quote, EV demand next year could be lower than expectations and quote, sorry, kind of what I just said there, but just basically saying that the revenue growth next year would not be as high as the mid 30% rate that they have forecast this year, again, in large part due to that. So again, kind of fitting alongside what we've heard from their automakers and, you know, if automakers slow down their EV plans, that's going to make its way through the supply chain as well. The interesting thing is that that could end up lowering commodity prices or raw materials prices or battery prices for Tesla, which could end up working to improve affordability as of course, Tesla ramps and potentially has access to cheaper components. So you know, we'll see how that plays out. I think there's a lot of interesting repercussions from sort of these stories that we have been talking about. Someone yesterday said, why are we talking about GM? Things like this are why it's all related within the industry and competitors decisions that affects Tesla in multiple different ways so that it is very relevant.

然后，我们还有一些有关GM的最新消息。他们报告或者，抱歉，是LG今天报告了收益。他们谈到了电动汽车的需求，并表示他们明年的收益可能会低于预期，引用他们的话说，“明年电动汽车的需求可能会低于预期”，抱歉，我刚才说的就是这个意思，基本上是说明年的收入增长率不会像他们今年预测的30%那么高，很大一部分原因就是这个。所以，从某种程度上说，这符合我们从其他汽车制造商那里听到的消息，而且，你知道，如果汽车制造商减缓他们的电动汽车计划，这也会影响到供应链。有趣的是，这可能会降低特斯拉的商品价格或原材料价格或电池价格，从而提高其可负担性，因为当然，特斯拉加大生产规模并有可能获得更便宜的零部件。所以，我们将看看如何发展。我觉得从我们一直在谈论的这些故事中产生了很多有趣的影响。昨天有人说，为什么我们要谈论GM？正是因为诸如此类的原因，它们都与这个行业相关，竞争对手的决策以多种不同的方式影响着特斯拉，这就是为什么非常相关的原因。

Okay, then they also give us an update on their Arizona battery plant that they expect to be producing cells in late 2025. So this is actually going to be the 46 series or 46 AD-esque cylindrical cells that they plan to produce here in Arizona. And they said they're actually increasing their production capacity plans there from 27 gigawatt hours to 36 gigawatt hours. So not all bad news from LG in terms of their EV plans or their battery plans for EVs with this increase. And the distinction here of course would be that this would be in the US, which they're going to be probably driving demand significantly from the inflation production act and the stipulations there that components and batteries are coming from the United States. So that's going to be responsible most likely for boosting these battery capacity plans in the US. But nevertheless, good to see that and good to see that they're kind of more confident at least seemingly from this increase in their 46 AD plans.

好的，然后他们还向我们更新了他们在亚利桑那州的电池工厂的情况，预计将在2025年底开始生产电池。所以实际上，这些将是46系列或类似于46 AD的圆柱形电池，他们计划在亚利桑那州生产。他们还表示，他们实际上将增加在那里的生产能力计划，从27千兆瓦时增加到36千兆瓦时。所以从LG在电动汽车计划或电池计划方面来说，并不都是坏消息，这次增加是有好消息的。这里的区别当然是这将发生在美国，他们很可能会通过通胀生产法案和其中的规定来极大地推动需求增长，其中规定电动汽车的零部件和电池来自美国。所以这很可能是导致美国电池产能计划增加的原因。不过，还是很高兴看到他们对46 AD计划的增加表现得更有信心。

All right, and then we also heard from Toyota today with this current business environment, no surprise that they are curling a little bit. So Chairman Akiyotoiota noting that the industry is coming to recognize that there isn't a single answer to reducing carbon emissions. Quote, people are finally seeing the reality. He also said that, quote, there are many ways to climb a mountain that is achieving carbon neutrality and quote. So this kind of been Toyota's thing the whole time, you know, don't go all in on EVs because there are things like synthetic fuels, things like hydrogen. This was also pointed out today by Scott Hanley, who we've heard from before VP of, or VP of Toyota in Australia saying, quote, what you're seeing today is a car company that's not behind. You see a car company that's put a lot of investment, a lot of R&D of research and development into electric cars. But you're also seeing a car company that's being honest with the market and saying not every part of the globe can do battery electric vehicles only, not every part of the globe. It's part of the solution to carbon neutrality, but only one piece of the puzzle. And then he went on to highlights technologies, hydrogen fuel, synthetic fuels, et cetera. It just goes on and on and on. So therefore what you're seeing today is a car company that is progressive, but is also real about its future. We'll see about that. I don't know if that's really the reality that I would say. But again, with the comments that we're hearing, no surprise to see Toyota, certainly doubling down on the comments that they have made previously.

好的，我们今天还听到了丰田的消息，在当前的商业环境下，他们的举措并不令人惊讶。因此，丰田董事长秋本彰表示，行业逐渐认识到减少碳排放没有一个单一的答案。他说：“人们终于看到了现实。”他还表示：“实现碳中和有很多种方式，就像攀登一座山一样。”所以这一直以来都是丰田的策略，不完全依靠电动汽车，因为还有合成燃料、氢能源等。这一观点也在今天被之前我们听到的丰田澳大利亚副总裁斯科特·汉利强调出来，他说：“你今天看到的是一家不落后的汽车公司。你看到的是一家在电动汽车领域进行了大量投资和研发的汽车公司。但你也看到了一家对市场坦诚的汽车公司，它认为不是全球的每个地区都适合只使用电池电动车，因为电池电动车只是实现碳中和的一部分解决方案。”然后他进一步强调了氢燃料、合成燃料等技术。这就是我们今天看到的一个进步但也对未来保持现实的汽车公司。至于这一观点是否符合现实，我们拭目以待。但从我们听到的评论来看，丰田加倍强调了他们先前所表达的观点，这并不令人意外。

All right. And then on a little bit more of a positive note in terms of industry updates, Hyundai actually going a little bit of the other way. So they're building with, I think with LG, roughly $7.5 billion battery factory and EV factory in Georgia. So they have actually given an update, said that they're going to essentially double down trying to accelerate these plans as much as possible, that they're confident in the original date of January 2025. And that that will probably be pulled ahead, maybe three months or so, and even more if they can. So we're seeing a little bit of a, I guess, a bifurcation of what strategies are with many pulling back on their EV plans. Hyundai though, which I think has been a little bit more out in front than others seeing this, I think is an opportunity to accelerate as much as they possibly can. So again, the decisions that are being made now, these will have repercussions later on. And Hyundai, you know, making probably what I would say would be a more, more likely to be positive decision over the long term with this acceleration.

好的。在行业更新方面，现在讲一点积极的消息，现代汽车实际上是往另一个方向发展。他们与LG合作，在乔治亚州建设了一个价值大约75亿美元的电池工厂和电动汽车工厂。他们已经更新了消息，表示他们将尽力加快这些计划的实施，他们对2025年1月这个最初日期的可行性充满信心，并且可能会提前三个月或更长时间，如果可能的话还会更早。所以我们可以看到，很多公司在电动汽车计划方面都在收缩，而现代汽车，我认为相对于其他公司更早看到了这一点，我认为这是一个加速的机会。所以再次强调，现在所做的决策将会在以后产生影响。现代汽车做出了更有可能对长期发展有积极影响的决策。

All right. And then we talked yesterday about obviously Cruz's situation in San Francisco. The city council of LA, Los Angeles today, had a press conference talking about Robotaxes saying, quote, the purpose of this press event is to send a very clear message about Robotaxes and say that they do not belong in the city of Los Angeles. We understand that they pose a threat to pedestrians, cyclists and motorists and risk putting countless of work, countless workers out of work. And quote, so that was from city councilman, Soto Martinez. I don't know the first name there. I think Hugo. Yeah. So that was his quote.

好的。然后我们昨天谈到了克鲁兹在旧金山的情况。洛杉矶市今天举行了一场新闻发布会，讨论机器人出租车，他们表示：“这次新闻发布活动的目的是明确表示机器人出租车不适合在洛杉矶市。我们理解它们对行人、骑车者和车辆造成威胁，并可能使无数工人失业。”这是市议员索托·马丁内斯的说法。我不知道他的名字的首字母，我想是雨果。是的，这就是他的话。

But just in general, wanted to kind of raise this as I think people probably latching onto the decision yesterday by San Francisco to suspend Cruz for this period of time and trying to use that in a way to push forward agendas to make things a little bit more difficult throughout this article from TechCrunch.

但总的来说，我想提出这个问题，因为我认为人们可能会利用旧金山昨天决定暂停克鲁兹的行为，并试图利用此事来推动一些使事情变得更为困难的议程，这在TechCrunch的这篇文章中有所体现。

This last point about workers specifically is one that we've talked about before, but one that now seems to be making a little bit greater of an appearance, a greater of an appearance in the context of these discussions as people start to see these services actually start taking rides and offering rides for revenue and things like that, which then, you know, it's not a far step to say, oh, that's something that can then put workers out of work. So, you know, this, this type of thing I bring up because it is going to be something that is, I think, persistent as these technologies advanced. So I don't know specifically the local politics of LA and how meaningful this is, but still thought it was interesting to pass along.

这最后一点关于工人的问题，我们之前已经谈论过，但现在似乎在讨论的背景下更加显著，更加显著，因为人们开始看到这些服务真正开始提供收费乘车服务等等，这样一来，很容易就会认为，哦，这可能会导致工人失业。因此，这种情况我提出来，是因为我认为随着这些技术的进步，这将是一个长期存在的问题。因此，我并不了解洛杉矶的地方政治以及这个问题的意义有多大，但我还是觉得很有意思，值得传递。

All right. Then lastly, for today, just a quick update on the Ford F-150 Lightning, they have announced prices for the 2024 model years, Ford F-150 Lightning's. These are going to be increasing a bit. So the Ford F-150 Lightning Pro, that is going to be up about $2,100 from the most recent price. The XLT is going to be increasing about $2,500. The Lariat, that's going to be up almost $10,000, and the Platinum version does not have updated pricing yet, but likely following the trend of these other increases would be increasing as well.

好的。最后，就今天来说，我给大家快速更新一下福特F-150闪电版的情况，他们宣布了2024年款福特F-150闪电版的价格。价格会稍微提高一点点。所以福特F-150闪电版Pro款将增加约2100美元，XLT款将增加约2500美元，Lariat款将增加近10000美元，至于Platinum款的定价还没有更新，但很可能会遵循这些价格上涨的趋势而提高。

So we know Ford just spent a lot of time increasing production output that costs a drop, seemingly caused a drop in F-150 Lightning sales in the third quarter, but they guided for an increase in the fourth quarter, which will keep a close eye on as there have been also rumors that maybe orders there haven't been so strong if they are then increasing prices. Although the list price doesn't necessarily mean that's the price the consumer is paying for these legacy automakers that work with dealerships, we'll still have to keep a close eye on how those sales are coming in.

所以我们知道福特刚刚花费了很多时间来提高生产产量，这导致了F-150闪电在第三季度的销售下降，但他们预计第四季度将会增加，我们将密切关注，因为也有传言说，如果他们提高了价格，订单可能没有那么强劲。虽然挂牌价格不一定代表消费者为这些传统汽车制造商支付的价格，因为他们与经销商合作，但我们仍需要密切关注销售情况如何。

Alright, that'll wrap it up for today then. As always, thank you for listening. Make sure you're subscribed and signed up for notifications. You can also find me on X at Tesla Podcast, and we'll see you tomorrow for the Thursday, October 26th episode of Tesla Daily. Thank you.

好的，今天的节目就到这里了。一如既往，感谢你们的收听。请确保订阅并开启通知。你也可以在[Tesla Podcast]上找到我。我们明天见，在10月26日星期四的[Tesla Daily]节目中。谢谢。