Tesla Could Be “Closing In” On Next Factory, Positive China Data, Ford Battery Plans

Hey everybody Rob Maurer here and today we've got a handful of international updates for Tesla including from India, Indonesia and China. We've also got some more news on cyber truck and FSD and a few other items as well. Nice day for Tesla stock today after the underperformance yesterday. Tesla finishing up 2.4% to close at $241.20 while the NASDAQ was actually down 6 tenths of a percent on the day to date.

大家好，我是Rob Maurer。今天我们有一些关于特斯拉在印度、印度尼西亚和中国的国际更新。此外，我们还有一些关于Cybertruck和FSD以及其他一些新闻。特斯拉的股价在昨天表现不佳后，今天表现不错。特斯拉的收盘价为241.20美元，上涨了2.4%，而纳斯达克指数则下跌了0.6%。

Alright, we'll start off with an update from Bloomberg on the ongoing negotiations between Tesla and India. Of course, we've talked a lot about this over the past six to twelve months. Remember back in June Elon said I am confident that Tesla will be in India and will do so as soon as humanly possible. So the Bloomberg report today says that, quote, India is closing in on an agreement with Tesla Inc. That would allow the US automaker to ship its electric cars to the country from next year and set up a factory within two years. According to people familiar with the Indian government's thinking and quote. This follows a couple of recent reports that India is strongly considering lowering import tariffs for electric vehicles that would allow a much more feasible path for Tesla to begin building their business in India before having to commit to something to the extent of domestic vehicle production with a factory in India. So that would be the adjustment that we would be looking for that would allow Tesla to start shipping in cars next year as this report indicates and then factory later on. So they say an announcement could come as soon as January one of the sources said and that quote Tesla would commit an initial minimum investment in any plant of around two billion dollars one person said and will look to increase purchases of Auto parts from the nation to as much as fifteen billion dollars and quote. I think unsurprisingly even just for cost reasons. They also report that Tesla would seek to make some batteries in India as well.

好的，我们先来看看彭博社关于特斯拉和印度之间持续谈判的最新消息。当然，过去六到十二个月我们已经讨论了很多次这个问题。还记得在6月份埃隆（·马斯克）说我确信特斯拉将进入印度，并且将尽快实现。彭博社今天的报道称，印度与特斯拉达成一项协议的进展正在接近。这项协议将允许美国汽车制造商从明年开始向印度出口其电动汽车，并在两年内在印度设立工厂。消息来源称，这是印度政府的考虑。最近的几份报告也称印度正在积极考虑降低电动汽车进口关税，为特斯拉在印度建立业务提供更可行的路径，而无需立即承诺在印度建厂生产国产车辆。这将是我们期待的调整，允许特斯拉从明年开始出口汽车，然后在以后的时间里建厂。消息人士表示，公告可能最早于明年1月发布，而且特斯拉将在任何工厂的初期最低投资金额约为20亿美元，并计划将从印度购买的汽车零部件采购额增加至最多150亿美元。我想出于成本原因，这个举措并不出人意料。他们还报道称，特斯拉还将寻求在印度生产一些电池。

So India at this point really seems to be the location that we have heard the most discussion about for possibly Tesla's next factory following Giga Mexico. Given Tesla's recent comments about Giga Mexico, the timeline here within two years for a potential factory in India does seem a little bit aggressive. But the sooner the ball is rolling the more capability Tesla will have to re-accelerate things if they need to, if the environment changes etc. It's a lot easier to push things back than to pull them forward. So I assume that's kind of what Tesla has in mind if this report is accurate. Now one other part of the report they do also say that quote when its first locally made cars do go on sale. They could retail for as little as twenty thousand dollars some of the people said and quote. That part of the report. I'm not putting any weight in and we have pretty consistently heard around twenty five thousand dollars. And that should vary region to region. But that's a pretty significant difference especially given the recent inflation we've had. So more likely just a miscommunication, some missing significant digits like we had talked about with the previous Reuters report, something like that.

到目前为止，印度似乎是我们听到最多关于特斯拉下一个工厂的讨论的地点，紧随Giga Mexico之后。鉴于特斯拉最近关于Giga Mexico的评论，印度在两年内建造一座潜在工厂的时间表似乎有点过于激进。但是，越早开始，特斯拉将拥有更多的能力在需要的时候重新加速，如果环境发生变化等等。拖延事情要比推进事情容易得多。所以，如果这份报告准确的话，我认为特斯拉考虑到了这一点。报告的另一个部分也提到，当特斯拉首次销售本地生产的车辆时，据一些人称，其零售价可能低至二万美元。对于这份报告中的这部分内容，我不太重视，因为我们之前一直听到的价格大致在两万五千美元左右。这个价格可能会因地区而异。但是考虑到我们最近的通货膨胀，这是一个相当大的差异。所以更有可能的是一种误传，或者是一些重要数字的遗漏，就像我们之前在路透社的报道中谈到的那样。

Okay, moving on from India. We've also got a report on Indonesia. This is really a reiteration of a report that we have already discussed. So we don't need to spend much time on it. But the Indonesian coordinating ministry for maritime and investment affairs has denied claims that Tesla withdrew its investment plans in Indonesia. Saying that those plans have only been postponed quote the investment plan is ongoing. But with the current global economic conditions I believe Elon Musk is putting investment on hold and quote. These comments were made at a battery conference today. But like I said, we've already heard similar comments. So not a whole lot new and of course Tesla not putting all investment on hold the comments here likely just relating to the investment plan in Indonesia.

好的，从印度的报道转移到印度尼西亚。这实际上是我们已经讨论过的报告的重申。所以我们不需要花太多时间来讨论它。但是印度尼西亚的海洋和投资协调部否认特斯拉撤回了在印度尼西亚的投资计划的说法。他们表示这些计划只是被推迟了，引用的话是“投资计划仍在进行中。但是考虑到当前的全球经济形势，我相信埃隆·马斯克暂时搁置了投资。”这些评论是在今天的一个电池会议上发表的。但正如我之前说过的，我们已经听过类似的评论。所以并没有太多新的信息，当然特斯拉并没有完全暂停所有投资，这里的评论可能只涉及在印度尼西亚的投资计划。

Next we've got a couple updates on Tesla in China first as rumored Tesla did end up increasing again the price of the long range Model Y. This time by 2000 RMB or about two hundred eighty dollars. This follows a twenty five hundred RMB increase on this trim from almost two weeks ago. So in total about a six hundred and thirty dollar increase over the last month and remember wait times here are actually still pretty long. It says six to eight weeks in the design studio. We've also seen price increases I'll be at small ones on other trims as well as the Model 3 after the refresh to Highland and the higher prices associated with that update. So in general some pretty margin positive moves in China for this quarter. Of course International differences we have seen inventory discounts added back to the Model 3 in the US. We did see price cuts at the beginning of the quarter. But for China specifically things seem to be pointing to a relatively strong quarter for Q4.

接下来，我们来谈一下有关中国特斯拉的一些更新。首先，正如传闻所说，特斯拉确实再次提高了长续航版Model Y的价格。这次涨价为2000人民币，大约280美元。这是继将近两周前该车型涨价2500人民币后的又一次涨价。因此，总体而言，上个月的涨幅约为630美元。需要注意的是，中国的交车时间仍然相当长。在设计工作室中显示需要等待六到八周。此外，在进行豪华版更新后，我们还看到其他版本以及Model 3的价格也有小幅上涨。所以总的来说，本季度中国市场上看到了一些相当积极的调整。当然，由于国际市场的差异，我们在美国看到了Model 3的库存折扣。虽然本季度初我们看到了价格下调，但是对于中国市场来说，第四季度似乎有望表现相对强劲。

We also got new China insured vehicle numbers for the week of November 13th through the 19th and this. popped right back up to 16,300 up from 12,700 a week ago as we can see by a decent margin That's the best week of Q4 so far and one of the best weeks of the year and that moves the quarter to date number through the first seven weeks of Q4 up to about 70,000 vehicles just over 70,000 that is actually ahead of Q1 and Q2 at this point and only down Two and a half percent quarter to date from Q3 and of course that is despite very few Model 3 deliveries yet with the transition to Highland Even this week there were only about 3,500 Model 3s in this total number So six weeks to go at this point still a very long way to go for anything approaching a record But so far through the quarter a lot of positive signs in China Also relevant to China, but other countries as well we talked yesterday about FSD being added to some owners manuals internationally Drive Tesla Canada today reporting that those references have now been removed as I said yesterday Not something that rose to the level of me reading into it too much quite yet So it doesn't really change a whole lot for me Tesla could have just done this prematurely and they're still making those sort of preparations Could have been a mistake which is something that I think is less likely or could just be completely Decoupled from anything that Tesla is actually doing in terms of releases meaning not really a sign either way So we'll keep watching for any updates on that, but that is it for now

我们还获得了11月13日至19日期间中国新的投保车辆数量。与上周相比，这个数字从12,700增长到16,300，可以看出增长幅度还是相当大的。这是迄今为止Q4最好的一周，也是今年最好的一周之一。这使得第四季度迄今为止的车辆数量达到约70,000辆，稍微超过70,000辆。这实际上领先于Q1和Q2，而相较于Q3，当前季度汽车数量仅下降了2.5%。当然，尽管Model 3交付量很少，但仍然进行了高地的过渡。甚至在本周，总数中只有大约3,500辆Model 3。现在还有六周的时间，离创纪录还有很长的路要走。但迄今为止的季度显示了许多积极的迹象，这对中国以及其他国家都很重要。同样与中国相关，但也可能适用于其他国家，我们昨天提到FSD已被添加到一些汽车的使用手册中，今天加拿大Drive Tesla报道称这些参考已被删除。就像我昨天说的那样，这对于我来说并没有太大的影响。特斯拉可能过早地进行了这种修改，他们仍然在做这方面的准备。也可能是一种错误，但我认为这种可能性较小，或者它可能与特斯拉实际发布的内容无关，也就是说，无论如何都不是一个明确的信号。因此，我们将继续关注任何关于此事的更新。暂时就是这些。

We've also got an update on cyber trucks being displayed at Tesla stores This has continued to expand it looks like it's at least now at four stores with Jose Negron spotting one at the New York City Tesla store specifically in the meatpacking district and again with these display vehicles Yeah, Tesla's gonna look at them closely, but fit and finish looking very good on this vehicle as well And then mark Chang also spotting a cyber truck in the Buena Park store in California I would imagine that over the next few days We're gonna see more and more of these display vehicles So keep an eye on it and maybe one will be in a location near you as I have said since the very beginning of the cyber truck four years ago It does look very different feels very different in person than photos Some photos do an okay job of capturing it But if you can make it out and just see it in person definitely something I recommend and I've heard that same sentiment now from a lot of other people We also got some new photos of the cyber truck I think these first popped up on Waybo but shared on X by Y Y DS here Maybe some spoilers, but I think we've seen most visual things at this point But really good shots of the interior of the display the glass ceiling that should give a good feel for the openness for the back row seating A nice shot of the front trunk and just a couple of good photos of the exterior

我们还得到了关于在特斯拉门店展示的网络卡车的最新消息，这个趋势似乎在不断扩大，目前至少有四家门店，Jose Negron在纽约市特斯拉店，具体位于肉联厂区域，看到了一辆。再说说这些展示车辆，是的，特斯拉会仔细看看它们，但这辆车的外观和装配看起来非常好。然后，mark Chang还在加利福尼亚的布埃纳公园商店发现了一辆网络卡车。我想在未来的几天里，我们会看到越来越多的这些展示车辆。所以请留意一下，也许有一辆车就在您附近的某个地方，正如我四年前首次提到网络卡车时说的那样，实际上它的样子很不一样，给人的感觉也很不一样，与照片相比，一些照片可以勉强展现出来，但如果您亲眼看到它，肯定会有所感受，我现在听到很多其他人也有同样的感受。我们还得到了一些网络卡车的新照片，我想这些照片最早在Waybo上出现，然后由Y Y DS在X上分享。可能有些剧透，但我认为在这一点上我们已经看到了大部分视觉效果。但对于展示的内部来说，这些照片拍得非常好，能够很好地展现出车内的开放感和后排座椅；还有一张漂亮的前行李箱照片，以及几张好看的外观照片。

All right next up We've got an update to a story that we've talked about before from at drive tasa Canada They have mentioned that there would be changes coming to idle fees in the US for superchargers Essentially how that worked previously is that if the supercharger was greater than 50% occupancy And if you were at the point of your charge limit then after a warning period You would start to accrue idle fees, which I think were around at all or a minute But in any case it looks like those are being updated over the coming weeks at select superchargers to instead be a congestion fee This only applies at a 90% or above state of charge and there is a five-minute grace period So really a little bit above 90% and only when a supercharger is busy though I don't think we have a definition for exactly what busy means yet So totally understand that no one really loves fees But I think it's good that there is an incentive to help reduce congestion and Obviously in the 90% state of charge plus portion of the charge curve at a busy supercharger is a pretty reasonable place To try to apply a little bit of decongestion pressure I'm sure there will be some certain circumstances where maybe some people feel like it's not fair doesn't make a lot of sense But there's never gonna be a perfect solution for everyone in all scenarios

好的，接下来我们有一个关于之前我们已经讨论过的来自加拿大的TASA公司的消息更新。他们提到美国的超级充电桩的待机费用会有所改变。之前的规定是，如果超级充电桩超过50%的使用率，并且你的充电已经达到了设定值，那么在警告期后你就会开始产生待机费用，我记得大概是每分钟几美分。但无论如何，看起来这些规定即将在接下来的几周内在选定的超级充电桩上进行更新，改为拥堵费。这个规定只适用于电量达到90%以上的情况，并且有一个五分钟的宽限期。所以实际上是在90%以上的状态下，只有在充电站繁忙的时候才会收取费用，不过我觉得目前我们还没有对繁忙的定义有一个明确的规定。我完全理解没有人喜欢付费，但我认为鼓励减少拥堵是很好的事情。显然，在充电站繁忙的90%以上电量阶段施加一点减缓拥堵的压力是一个相当合理的做法。我相信在某些情况下，可能会有一些人觉得这不公平，或者没有太多意义。但是对于每种情况来说，并不会有完美的解决方案，适用于每个人。

But net net hopefully something that helps keep the supercharger experience very strong and again This isn't really anything new just a kind of reconfiguration of the idle fees

希望通过这种方式能够帮助保持超级充电体验的强大，这实际上并不是什么新鲜事，只是对闲置费用进行一种重新配置。

Next we've got a very interesting update on battery plant plans for Ford remember They had previously announced a multi-billion dollar factory in Michigan This was going to license LFP batteries from CATL and targeted production was 35 gigawatt hours per year They said that this would produce 2,500 jobs during UAW negotiations They said that they were reevaluating and put their plans on pause and they have now announced their updated plans in an announcement today Saying they are right sizing as they balance investment growth and profitability The facility will now create more than 1,700 good paying American jobs to produce a plan capacity of approximately 20 gigawatt hours So about a third fewer jobs planned and gigawatt hour production plans cut by about 43% So we've been talking about this less aggressive investment towards EV trend that we've been hearing a lot about over the last few months in particular Now starting to see a few of the adjusted plans announced I'm sure we'll continue to see more of this but obviously a pretty significantly reduced plan for Ford and their batteries in Michigan

接下来我们关注到福特公司关于电池工厂计划的非常有趣的更新。您可能还记得，他们此前曾宣布在密歇根州建立一个价值数十亿美元的工厂。该工厂原计划使用宁德时代公司提供的LFP电池，预计年产能为35吉瓦时。他们表示这将在美国汽车工人工会谈判期间创造2,500个就业岗位。然而，他们表示正在重新评估并暂停计划，并于今天宣布了最新的计划。他们表示，他们正在根据投资增长和盈利能力进行合理规模的调整。该工厂现在将创造超过1,700个高薪美国就业岗位，产能约为20吉瓦时。因此，就业岗位减少了大约三分之一，吉瓦时产能计划减少了约43%。我们一直在谈论这种对电动汽车趋势的不那么激进的投资，特别是在过去几个月中我们听到了很多这方面的消息。现在开始看到一些已调整的计划被宣布，我相信我们以后还会看到更多，但显然福特和他们在密歇根州的电池计划遭到了相当大的缩减。

All right last couple of things for today. We talked yesterday about the open AI situation No resolution there yet. We're still waiting to see what happens. The big update seems to be that talks are continuing There's also talks for their new interim CEO to resign So really just a continuation of a very fascinating story at this point And then on top of the general craziness over the last couple of days that continues as well with Binance founder CZ announcing that he is stepping down as CEO He has agreed to plead guilty to money laundering violations in the US and Binance has agreed to pay a 4.3 billion dollar fine I don't have any particular insights beyond just the reports here But just certainly adding to a crazy few days that we have had in business technology, etc

好的，今天最后几件事情。我们昨天谈到了开放AI的情况，目前还没有解决。我们还在等待看看会发生什么。最重要的更新是谈判仍在继续进行中。同时，他们的新任临时首席执行官也有辞职的消息。所以，实际上这只是一个非常迷人的故事的延续。在过去几天的一般疯狂之外，事情还在继续进行。币安创始人赵长鹏宣布辞去首席执行官职务，他已同意对美国的洗钱违规行为认罪，币安也同意支付43亿美元的罚款。除了这里的报导之外，我没有其他特别的见解。但这无疑给我们在商业技术等方面的疯狂的几天增加了一些内容。

And then lastly for today as I had mentioned last week This is a holiday week I do have some traveling and then gonna take a couple of days with family So the next episode is actually gonna be on November 27th next Monday And remember the NASDAQ is closed on Thursday and also closes early on Friday Then of course next week we head into the cyber truck delivery event gonna be a crazy week I am going to be in Austin So not exactly sure what the schedule will be for next week yet But we'll go through that early next week and certainly going to be another exciting week That'll wrap it up for today though And for this week as always, thank you for listening Make sure to subscribe and sign up for notifications And also find me on x at tessel podcast and we'll see you on monday for the November 27th episode of tessel daily. Thank you You

然后最后，像我上周提到的那样，这是一个假期的一周，我要去旅行，并且要和家人共度几天。所以下一集将在下周一，也就是11月27日播出。还要记住，纳斯达克在周四关闭，并且周五提前收市。当然了，下周我们还有疯狂的卡车交付活动，我会去奥斯汀。所以对于下周的日程安排，我还不确定。但我们会在下周初和大家讨论，肯定会又是一个令人兴奋的一周。然而，今天就到此为止了。一如既往，感谢您的收听。记得订阅并开启通知，还可以在x上找到我，我是tessel podcast。我们下周一见，11月27日的tessel daily。谢谢。