2 OEM's Admit They're Scared / Tesla India Nearing Deal / Farley's Impressive Candor ⚡️

Welcome to Electrified, it's your host Dylan Loomis. Now, in terms of what happened yesterday, I will fill you in, but I'm going to do so next week, so if you're interested, stay tuned.

欢迎来到Electrified，我是主持人迪伦·卢米斯。关于昨天发生的事情，我会向你介绍，但我打算在下周才这么做，所以如果你感兴趣，请继续关注。

LG Energy has just said they plan to begin mass production of 4680 batteries at its Ochang factory which is in South Korea as early as August this year. Tesla will of course be one of the primary customers, but LG is also saying they're currently in discussions with customers other than Tesla.

LG能源刚刚表示，他们计划从今年8月起在位于韩国的乌昌工厂开始大规模生产4680电池。特斯拉将成为主要客户之一，但LG还表示他们目前正与除特斯拉之外的其他客户进行讨论。

Then further, regarding the timing of LFP production, Lithium Iron Fosfate, the president said it will likely be around the second half of 2025. LG also plans to begin mass production in North America once its Arizona factory, which is under construction now, is completed. If you haven't been paying attention, LG has been on an absolute tear trying to take advantage of the IRA tax credits as of late, a $6.3 billion battery factory in Georgia in partnership with Hyundai. Then with Honda, another $4.4 billion factory in Ohio. The complex in Arizona is said to be a $5.5 billion investment.

此外，关于LFP（磷酸铁锂）电池产量的时间安排，总裁表示预计将在2025年下半年左右达到规模。此外，LG还计划在亚利桑那州的工厂建成后在北美地区进行批量生产。如果你一直没有关注，LG最近一直在全力以赴，试图利用IRA税收抵免措施，与现代合作在佐治亚州建立了一座价值63亿美元的电池工厂。同时，他们还与本田合作，在俄亥俄州建立了一座价值44亿美元的工厂。据说，亚利桑那州的综合项目将投资55亿美元。

Then we know LG is in partnership with GM for the Altium project where they have three battery production sites in Ohio, Tennessee and Michigan. The latest update had this Arizona factory ready to produce EV sales by 2025. They did say those are going to be 2170 sales, we have not got any official confirmation at 4680s will be made in Arizona yet. Then the second facility, ready by 2026, is going to produce LFP sales for battery energy storage. So yes, absolutely Tesla will benefit from having some extra 4680s supply from LG maybe as soon as August this year, just to make sure that Cybertruck doesn't run into any production bottlenecks when it comes to 4680s. But this mad dash by LG will also benefit the likes of Ford, GM and Honda, so ultimately North American battery production is on the up and up.

然后我们得知LG与GM在Altium项目中合作，在俄亥俄州、田纳西州和密歇根州拥有三个电池生产基地。最新的消息是，这家亚利桑那州的工厂将在2025年开始生产电动汽车。他们确实说这些销售将是2170型号的，但我们还没有得到任何关于4680型号在亚利桑那州生产的官方确认。然后第二个工厂，将在2026年建成，生产电池能量储存的LFP销售。所以是的，特斯拉将获得来自LG的一些额外的4680型号供应，可能会在今年8月就开始，以确保Cybertruck在4680型号方面不会遇到任何生产瓶颈。但是，LG的这一疯狂冲刺也将使福特、GM和本田等公司受益，因此，北美的电池生产正在步入增长。

At this point, we don't know how much of Tesla's proprietary chemistry that goes inside the 4680 form factor, LG and some of these other battery manufacturers will actually have access to. So in the future, if you see articles saying, well now Ford, GM and Honda are all using Tesla's 4680s that's most likely not accurate because Tesla alone I believe is doing things like DBE. There may be some tabless limitations for other battery producers not working directly with Tesla, so just bear in mind 4680 is just the form factor has nothing to do with explaining what's inside the cell.

目前，我们不知道特斯拉的专有化学技术在4680形状电池中有多少会被LG和其他一些电池制造商所掌握。因此，在将来，如果你看到有文章说，现在福特、通用和本田都在使用特斯拉的4680电池，那很可能是不准确的，因为我相信只有特斯拉在做一些像DBE这样的事情。其他与特斯拉没有直接合作的电池生产商可能会受到一些无电极板的限制，所以请记住，4680只是一个形状，与说明细胞内部构造无关。

At the same time, LG Energy has signed a new off take agreement with West Farmers Chemicals, a company they've been working with now for a few years, for resources for these batteries for the North American market. This lithium supply deal is meant to enable top quality IRA compliant batteries to its customers with speed and scale. It'll be coming from Western Australia, thanks to that free trade agreement with the United States and supply is expected in the first half of 2025.

同时，LG Energy与与其合作了几年的West Farmers Chemicals公司签署了一份新的资源采购协议，供应给北美市场的电池所需。这笔锂供应协议旨在让其客户以迅捷而规模化的方式获得符合IRA标准的顶级品质电池。这些电池将来自西澳大利亚，得益于美国的自由贸易协定，并预计将于2025年上半年开始供应。

My sense is that too many people in the Tesla community have become super dogmatic when it comes to Tesla vs. Ultrasonic sensors. I think this video from R. Simon's did a great job of explaining that really it's just a matter of pros and cons and trade offs. I'll have the video below but I really just wanted to get that point across. There were times when Tesla vision drove right through a garbage can that it thought was there that was really just there stored for memory. But in other situations like detecting curbs, Tesla vision was far superior, actually detecting them when the cars with just ultrasonic sensors wouldn't pick up the curb at all. And while ultrasonic sensors may have performed slightly better with smaller objects directly in front of and behind the vehicle, it was certainly not perfect in something I would trust with 100% confidence.

我觉得特斯拉社区中有太多的人对特斯拉和超声波传感器的问题变得过于教条主义。我认为R. Simon的这个视频很好地解释了这只是一个利弊和权衡的问题。我会在下面放上视频，但我真的只是想传达这个观点。有时特斯拉视觉会驶过一个它认为存在的垃圾桶，实际上只是为了记忆而存放在那里。但在其他情况下，比如探测路缘，特斯拉视觉要优秀得多，能够探测到，而只用超声波传感器的车辆根本感知不到路缘。虽然超声波传感器在车辆正前方和后方的小物体上的表现可能稍微好一些，但它绝对不完美，我不会百分之百有信心相信它。

The way I see it, the Tesla vision vs. USS debate right now is really not one's definitely better than the other, it's just situational and pros and cons of both. The flagship Tesla diner is making good progress in Hollywood, I still think they should have more direct parking, but remember the word is one of these ancillary lots is also going to be for this location for Tesla. This diner is supposed to be 24 7 and has a chance of opening later this year.

依我看来，特斯拉视觉与无人驾驶系统(USS)之争目前并没有一方绝对优于另一方，只是取决于具体情况，两者都有利弊。特斯拉位于好莱坞的旗舰餐厅正在取得良好进展，我仍然认为他们应该提供更多直接停车位，但要记住，有一个次要的停车场也将供特斯拉使用。这家餐厅计划24小时营业，可能会在今年晚些时候开业。

A Tesla patent for its smart shift technology was published today but bear in mind published is different than being granted. The patents are published really just to let the community know what's going on in the space and what's in the works, granted is when you actually have the protection from the patent, two different things. This upcoming weekend starting the 16th, the Cybertruck and the new Model 3 will be on display at the Canadian International Auto Show in Toronto.

今天，特斯拉的智能换挡技术专利被公开发布，但请记住，公开发布和授权是不同的。专利的公开发布只是为了让社区了解当前的进展和正在进行的工作，而授权是真正获得专利保护的时候，这是两个不同的概念。在接下来的周末，从16日开始，特斯拉Cybertruck和新款Model 3将在多伦多的加拿大国际汽车展上展出。

Tesla has been forced to temporarily delay deliveries of the Model S, all-wheel drive, and the Model Y performance in the United States. This is thanks to the EPA and potential issues with the two vehicles' range figures. Tesla thought they had all the necessary paperwork in order to deliver the cars but due to the efficiency package upgrades, the EPA has asked Tesla to pause deliveries to allow them to retest these two trims specifically. Originally the word was this delivery pause was going to end February 28th but now the word is that's been extended to March 7th at the earliest.

特斯拉不得不暂时延迟在美国交付Model S（全驱）和Model Y（性能版）。这是由于美国环境保护局（EPA）对这两款车的续航里程问题提出了疑虑。尽管特斯拉认为他们已经准备好了所有必要的文件以交付车辆，但由于效能套件的升级，EPA要求特斯拉暂停交付以允许他们重新测试这两个等级。最初的消息是交付暂停将在2月28日结束，但现在的消息是最早也要延长至3月7日。

Speaking of, Tesla has asked the judge to send to arbitration to proposed class action lawsuits that are alleging Tesla falsely advertised inflated mileage ranges. Arbitration is much less formal that keeps things private, both sides present their cases to an impartial arbiter and then hopefully they reach an actual settlement.

说到这个，特斯拉要求法官将关于虚报行驶里程的集体诉讼案件提交仲裁。仲裁过程较不正式，保持事务私密，双方向公正的仲裁人陈述各自的案情，希望最终能达成协议解决。

With software update.2.6, Tesla has rolled out some cold weather supercharging improvements. Now in addition to your car telling you that the battery is pre-conditioning for supercharging, it's also going to tell you how much time is left for the battery to warm up sufficiently. The update also introduces an automatic warming of the charge port to help with it freezing over. Just like with pre-conditioning, that feature will be automatic when you set a supercharger location in the navigation as a destination. The range estimation will also now include battery age as a consideration in its calculations. This should offer a more accurate reflection of the actual distance the vehicle can travel, taking into account the natural aging process of the battery. Maps will also now display accident and closed road markings.

随着软件更新2.6的推出，特斯拉为寒冷天气的超级充电提供了一些改进。现在，除了告诉您电池正在为超级充电进行预调条件外，您的车还将告诉您电池还需要多少时间才能足够升温。此次更新还引入了自动加热充电口的功能，以防止其结冰。与预调条件一样，当您将超级充电设为导航目的地时，该功能将自动启用。估计的续航里程现在还会考虑电池的使用年限。这应该更准确地反映出车辆实际能够行驶的距离，考虑到电池的自然老化过程。地图上现在还会显示事故和封路标记。

In case you're somebody looking for a manual way to pre-condition your battery rather than having to plug in a supercharger destination, enhanced auto with their sexy buttons is now apparently going to offer that feature of battery preheat. This video was 8 months ago but you can see at that time battery pre-conditioning through the enhanced auto app was actually in beta.

如果你是一个希望手动预先为电池进行条件设定的用户，而不是只能插上超级充电器的目的地，那么拥有诱人按键的增强型自动驾驶就显然将提供电池预热功能。虽然这个视频是8个月前发布的，但你可以看到那个时候通过增强型自动驾驶应用程序进行电池预设的功能实际上还处于测试阶段。

The economic times is reporting that Tesla could soon make its debut in the Indian market. Tesla is almost at the end of finalizing a policy that provides concessions on the import duties of EVs, exceeding $36,000 for 2-3 years. The reduced import duties are likely to be offered in place of bank guarantees by Tesla for a proposed investment to build an EV factory in India. Simplest way to think about a bank guarantee is a financial institution actually serving as the backstop if one of the two parties in a contract fails to meet their obligations, then the bank would step in and cover those obligations.

据《经济时报》报道，特斯拉可能会很快在印度市场上市。特斯拉即将完成一项政策，该政策为进口的电动汽车提供了在2-3年内减免进口税超过3.6万美元的优惠。降低的进口税可能会取代特斯拉提供的银行担保，作为在印度建设电动汽车工厂的拟议投资的替代方案。简单来说，银行担保是指金融机构实际上作为一个保障措施，如果合同中的任何一方未能履行其义务，那么银行将介入并承担这些责任。

Tesla is expressing willingness to invest up to $2 billion but that's contingent upon the Indian government offering a reduced import duty of 15% down from the current 100% for vehicles over about $40,000. It sounds like Tesla wants these reduced import duties for 2 years to test the waters before committing to manufacturing anything at scale. And of course there are now concerns amongst the home players in the Indian market that these reduced import duties could provide an unfair advantage to Tesla. Well that's funny because I remember just last year the CEO of Mahindra Motors said that competition from Tesla does not phase us. But now that Tesla may be closer to finalizing a deal to enter the Indian market, now they're developing some concerns. Pretty easy for the CEO of Mahindra to talk a big game when their government has 100% import duties. Even bringing those all the way down to 15% on a $45,000 car that's still a $6,700 duty. I'd advise everybody to remain calm we've been hearing this back and forth between Tesla and India now for years.

特斯拉表达了愿意投资高达20亿美元的意愿，但前提是印度政府将车辆进口关税从目前的100%降低为15%，适用于价值超过约4万美元的车辆。听起来特斯拉希望在承诺大规模制造之前，获得为期两年的降低进口关税的机会来进行试水。当然，印度市场上的本土参与者担心这些降低的进口关税可能给特斯拉带来不公平竞争优势。有趣的是，就在去年，印度马欣德拉汽车公司的CEO表示，特斯拉的竞争对我们没有影响。然而，现在特斯拉可能更接近敲定进军印度市场的交易，他们却开始有些担忧了。马欣德拉汽车公司的CEO在其政府实行100%进口关税的情况下大言不惭，即使将关税降低到15%的45000美元汽车仍需额外支付6700美元的税费。我建议大家保持冷静，多年来我们一直在听到特斯拉和印度之间的这种反复。

Lars Moravie, Tesla's VP of engineering was busy on X yesterday. He said the new Model 3 has more trunk space than the old one. We heard you. He continued the new Model 3 has unique shock absorbing technology called a frequency selective damping which improves ride comfort by isolating shake frequencies in your belly between 4-6 Hertz without losing response and steering. Basically just makes the small nibbles in the road disappear.

特斯拉工程副总裁Lars Moravie昨天忙着工作。他说新款Model 3的行李箱空间比旧款更大。我们听到了你们的声音。他继续说，新款Model 3采用了一种称为频率选择性阻尼的独特减震技术，通过在4-6赫兹之间隔离震动频率，提高了乘坐舒适度，而不会降低悬挂和转向的响应性。基本上就是让路上的小颠簸感觉消失了。

In response to somebody saying apparently less rear seat to space, Lars said nope, we found efficiencies in the rear packaging to increase trunk space and we increase the rear seat incline to improve comfort while adding cushion to the seat base. Go drive it, you'll love it. On X, Lars posted saying no the body then shared this infographic of human body resonance frequencies and abdominal mass between 4-8 Hertz. When asked what else he can reveal, Lars said off the top of my head, two mics for phone calls now, no more echoing on the phone with your family.

回应有人声称后排空间似乎较少时，Lars说不，我们在后包装方面找到了效率，以增加行李厢空间，并将后排座椅的倾斜度增加，以提高舒适度，并给座椅底部添加了坐垫。开车试试吧，你会喜欢的。在X上，Lars发帖说否认了这一观点，然后分享了这个底薪至频率和腹部质量之间的信息图。当被问及还能透露什么时，Lars说我反思了一下，现在有两个用于电话的麦克风，与家人通话时不再有回声了。

He was asked how Tesla achieved the lower energy consumption of the Model 3 Plus to which he said an extreme dedication to every watt hour per mile consumed. Better aerodynamics, more efficient tires, improved HVAC efficiency, lower low voltage consumption, decreased brake drag, generally we view this as a system problem, not a battery or component issue. Every point of consumption matters.

有人问他特斯拉如何实现Model 3 Plus的低能量消耗，他回答说，这是通过对每消耗的华特时每英里进行极致关注来实现的。更好的空气动力学设计，更高效的轮胎，改进的加热、通风和空调效率，更低的低电压消耗，减少刹车阻力。总体而言，我们把这视为一个系统问题，而不是电池或组件问题。每个能源消耗点都很重要。

He was asked why doesn't Tesla publish their recommended tires? He said good idea, we'll get on that. In the meantime, no we label all Tesla design tires whether from Michelin, Goodyear, hand-cook, Conti, Pirelli with a T-number marking and that can be seen at any tire store. Get the T-Zero, T1, T2 and no it's from us.

他被问到为什么特斯拉不公开他们推荐的轮胎。他表示这是个好主意，我们会考虑这个。同时，不论是米其林、固特异、汉克克、康宁还是倍耐力，我们都会在所有特斯拉设计的轮胎上标有一个T编号，这个编号可以在任何轮胎店看到。如果是T-Zero、T1、T2，那肯定是我们推荐的。

Then Baglino chimed in saying there's really no other way to achieve over 4 miles a kilowatt hour with all the tech, comfort and performance packed into the new Model 3.

然后，巴格利诺插话说，将所有科技、舒适性和性能融入到新的Model 3车型中，确实没有其他办法能够实现单独每千瓦时超过4英里的行驶里程。

Sometime over the next 6 months, the market should start to give Tesla at least a little bit of credit when it comes to the Model Y refresh. That's because by all accounts, the Model 3 Plus has been a smashing success. That should mean pretty good things when those similar changes are applied to the already best selling car in the world.

在接下来的6个月内，市场应该开始给特斯拉一些关于Model Y改款的肯定。据所有报告，Model 3 Plus已经取得了巨大的成功。这意味着当这些相似的改变应用于已经是全球最畅销的汽车时，将会产生相当不错的效果。

Elon posted SpaceX has moved its state of incorporation from Delaware to Texas. If your company is still incorporated in Delaware, I recommend moving it to another state as soon as possible.

埃隆发布了SpaceX已将注册所在地从特拉华州迁至德克萨斯州的消息。如果你的公司仍在特拉华州注册，我建议尽快将其迁移至另一个州。

Which brings us to this, now I know this was already covered at length yesterday so I'm not going to get into it too far, but this is our first official word that Elon does intend to appeal that Delaware verdict. Right now, both sides are negotiating trying to reach a deal on an appeal bond. The bond would be paid to the court or a third party and it's really just a show of good faith and expressing intent that if the appellant or in this case Elon and Tesla actually lose the appeal, that they do intend to actually pay whatever the verdict ultimately is. Typically, this is a tool used because the appeal process can sometimes take years so during that time the defendant has to pay to defend themselves and in the event they were to go bankrupt, this provides some protection that any judgment that is ruled against them if they lose the appeal actually gets paid.

这就带我们来到了这个问题，现在我知道这个问题昨天已经详尽讨论过了，所以我不会深入探讨，但这是我们第一次正式得知埃隆确实打算上诉特拉华州的判决。目前，双方正在协商，试图就上诉保证金达成协议。这笔保证金将支付给法院或第三方，实际上只是一种善意的表示和表达意图，即如果上诉人（在本案中即埃隆和特斯拉）最终输掉上诉，他们确实打算支付最终判决的金额。通常情况下，这是一种工具，因为上诉过程有时可能需要数年的时间，而被告必须支付自己的辩护费用，在他们破产的情况下，这提供了一定的保护，确保任何对他们不利的判决在他们输掉上诉时能够得到执行。

Before Elon can appeal, right now they're negotiating the legal fee for the plaintiff and the attorney that will be paid by Tesla. Elon and the shareholder that brought the case will tell the court their position on fees by March 1st. If the judge approves the fee in final order, Elon would have 60 days to file an appeal with the Delaware Supreme Court, which would likely take at least six months to resolve.

在埃隆能够上诉之前，目前他们正在就原告和代表原告的律师的法律费用进行谈判，这些费用将由特斯拉支付。埃隆和提起诉讼的股东将在3月1日之前向法院陈述他们对费用的立场。如果法官通过最终决定支付费用，那么埃隆将有60天的时间向特拉华最高法院上诉，这可能需要至少六个月来解决。

Yes, this process now could turn out to be a hangover for Tesla stock for the majority of 2024, but all of the commentators were correct. Elon is looking to appeal.

是的，目前这个过程可能会成为特斯拉股票大部分2024年的阻碍，但所有的评论者都是正确的。埃隆正在寻求上诉。

Most of the conversation around this has been the sum that Tesla may have to pay and I certainly understand why, but one thing I have not seen many people mention, if Tesla did not appeal this or if they do appeal and ultimately lose, that leaves them open to future lawsuits because now the verdict is ultimately going to be that Tesla's board of directors is not impartial, which could effectively serve as live bait for other people to jump on.

大多数关于此事的讨论都集中在特斯拉可能需要支付的金额，我完全理解其中的原因。但有一点我并没有看到很多人提到的是，如果特斯拉不上诉或者他们上诉最终失败，那将使他们面临未来的诉讼风险，因为现在的裁决最终结果将是特斯拉的董事会不公正，这将有效地成为其他人攻击的活靶子。

And it could be unrelated, but Delaware is certainly facing some backlash and some pressure as many companies are going to follow Elon in this exodus of businesses leaving Delaware. Now today we have one of these Delaware judges who has been serving for over a decade saying he plans to retire in December.

这可能与此无关，但德拉瓦州确实面临一些反弹和压力，因为许多公司将会效仿埃隆，离开德拉瓦州。如今，我们目睹了一位担任德拉瓦州法官十多年的人表示他计划在十二月退休。

In the Tesla app, even if you don't have solar or a power wall, Tesla is now giving customers the option to see what it would be like being able to navigate through the app as if they did. To view this demo, just tap on your profile icon, then tap the order now image, scroll down to the bottom and then swipe to the last card, which should be titled demo power wall.

在特斯拉应用中，即使您没有太阳能或储能墙，特斯拉现在为客户提供了一个选项，让他们能够通过应用程序查看与他们拥有这些设备时的体验类似的功能。要查看此演示，请轻按您的个人资料图标，然后轻按立即订购的图片，向下滚动到底部，然后滑动到最后一张卡片，该卡片名称应为演示储能墙。

Lucid has cut the prices of the air between 1000 and $8000 depending on the trim. They said the new price is set as Lucid originally conceived. The base model air pure now starts at $69,900. Then the gap to the top of the trim, which is the air sapphire, is pretty astounding, fully equipped it goes for $249,000. Subtle reminder, as of Q3 last year, Lucid was losing over $400,000 per every EV sold. These price cuts will not help that situation.

Lucid已经根据不同车型的配置将Air的售价降低了1000到8000美元不等。他们表示，新的价格是Lucid最初设想的。现在，基本款的Air Pure起价为69,900美元。将其配置到最高级的Air Sapphire则需要将其全套装备，价格高达249,000美元。不过，值得注意的是，根据去年第三季度的数据，Lucid每销售一辆电动汽车就亏损超过40万美元。这些价格削减并不能改善这一情况。

GM announced its supercruise will now be expanding with more coverage going from 400,000 miles to 750,000 miles in the US and Canada. It will now include some small town and rural routes, but these additional miles covered will be added incrementally throughout 2025. They did say supercruise equipped Cadillac CT6, XT6 and the Chevy Bolt EUV will not get this updated roadmap coverage.

通用汽车宣布，其超级巡航（supercruise）将在美国和加拿大的覆盖范围扩大，从原本的40万英里增加到75万英里。现在，它将包括一些小镇和农村路线，但这些额外的里程将在2025年逐步增加。他们表示，搭载超级巡航的凯迪拉克CT6、XT6和雪佛兰Bolt EUV将不会获得此更新的路线覆盖。

There was a time when GM was promising with ultracruise its more advanced technology that it would cover 95% of driving situations in the US and Canada, and that it would cover 3.4 million miles of roads. Today, that feature no longer exists as it's been rolled back and absorbed into supercruise. Supercruise is hands-free driving and it does change lanes. The last update from Ford on its Blue Cruise technology, they said it works on 97% of controlled access highways in the US and Canada, which is about 130,000 miles of road.

曾经有一段时间，通用汽车承诺通过其更先进的超级巡航技术，将覆盖美国和加拿大95%的驾驶情景，并覆盖340万英里的道路。然而，如今这一功能已经被取消，并被纳入超级巡航系统中。超级巡航是一种无需手动驾驶的技术，而且还可以换道。福特关于其蓝色巡航技术的最新更新表示，该技术适用于美国和加拿大97%的受控访问公路，即大约13万英里的道路。

Tesla filed a 13G, which is the form used to report when somebody owns over 5% of a company's outstanding shares. As of the end of last year, people saw this, percent of the class represented being 20.5% and they started saying wait a second, Elon now owns more shares because people were saying he only owned 13%. That however is not the case if you just go down and actually read the document, it says options to purchase 303.9 million shares of common stock that are exercisable within 60 days of the last year. AKA that 20.5% of ownership in Tesla by Elon does actually include those options that he has not yet exercised. Those were from the 2018 compensation plan that right now is in jeopardy through the Delaware decision. Then looking at the same form at the end of 2022, that number was effectively the same 20.6%. So no, Elon has not bought any more shares, it's just these numbers listed here include all of those unexercised options. This was filed before the Delaware ruling.

特斯拉提交了一份13G表格，这是用来报告某人拥有一家公司已发行股份5%以上的表格。截至去年年底，人们看到表格中出现了股份占比为20.5%，于是有人开始说等一下，埃隆现在拥有更多股份了，因为有人说他只拥有13%。然而，如果你仔细阅读文件，就会发现实际情况并非如此，文件中写明还有权购买3.039亿股普通股的选择权，在去年后60天内可行使。换句话说，埃隆对特斯拉的20.5%所有权实际上包括了他尚未行使的这些选择权。这些选择权来自于2018年的薪酬计划，而目前正面临特拉华的裁决风险。再看一下2022年年底的同一份表格，这个数字基本上是相同的20.6%。所以，不，埃隆没有购买更多股份，只是这里列出的数字包括了所有未行使的选择权。这份文件是在特拉华裁定之前提交的。

Board Warner announced a relationship with FinDreams, a BYD subsidiary. They'll now be the only non OEM localized manufacturer with the rights to localize LFP battery packs for commercial vehicles, utilizing FinDreams battery blade cells in Europe, the Americas, and select regions of Asia Pacific. The agreement will last for eight years. In addition to receiving these state-of-the-art blade cells for manufacturing LFP battery packs in the cover geographies, they'll also receive a license from FinDreams to use their battery IP related to its pack design and manufacturing process. I'm sharing this because when you look up the clients of a board, Warner, you'll find companies like VW, GM, and Ford.

Board Warner宣布与FinDreams建立合作关系，FinDreams是比亚迪的子公司。他们现在将是唯一一家拥有将商用车辆的LFP电池组本地化的非OEM制造商，在欧洲、美洲和亚太地区的特定地区使用FinDreams的电池片薄片。该协议将持续八年。除了在覆盖的地理区域内使用这些先进的薄片电池来制造LFP电池组外，他们还将获得来自FinDreams的许可，使用其与电池组设计和制造流程相关的电池知识产权。我分享这个信息是因为当你搜索Board Warner的客户时，你会发现像大众、通用和福特这样的公司。

It may not be until the back half of this decade, but if tests look and start making 4680s at scale in significant excess to what it needs for its own vehicles and the chemistry in those cells' LFP, there's going to be wild demand for those cells that Tesla would have the option to sell to other automakers. Ford is actually one company that's now admitting they're a bit scared. They're saying that low-cost Chinese EVs are a colossal strategic threat. That get this will ultimately arrive on US shores. Ford's COO of Model E said we look at that and say that's coming here eventually so we better get fit now and better get going on EVs or we don't have a future as a company, saying they are ahead of us in this technology. He said Ford expects Chinese automakers to build factories in Mexico to get around the 27.5% US tariff on EVs made in China. And what do you know? Just two days ago we heard that BYD is considering setting up a plant in Mexico. As we've been saying now for the better part of the year, BYD is slowly expanding outside of China, getting closer and closer to the US. The Ford COO said if I was sitting in China right now running a Chinese OEM, I'd be looking for land in Mexico because you've got a supplier base, low cost of construction, low cost of labor, and the USMCA trade agreement, which gives you access to the US. They're going to come here just as the Japanese ended up here, the Koreans and the Germans ended up here. It's a big market.

可能要等到这个十年的后半部分，但如果测试结果良好，并且开始大规模生产4680电池，远远超过自身所需和这些电池的化学成分，则对这些电池的需求将会非常旺盛，特斯拉将有选择权将其卖给其他汽车制造商。福特实际上是唯一承认他们有点害怕的公司。他们表示，低成本的中国电动汽车是一个巨大的战略威胁。而且这些车辆最终将抵达美国。福特的Model E首席运营官表示，我们看到了这一点，并且认为这种情况最终会发生在这里，所以我们最好现在就为此做好准备，并且加快发展电动汽车，否则我们就没有未来了，并表示中国已经领先我们在这项技术上。他说福特预计中国的汽车制造商将在墨西哥建厂，以避开对中国制造的电动汽车征收的27.5%的美国关税。而你知道吗？就在两天前，我们听到比亚迪正在考虑在墨西哥设立工厂。正如我们在今年大部分时间里一直在说的那样，比亚迪正在慢慢扩张到中国之外，越来越接近美国。福特的首席运营官说，如果我现在在中国担任中国原设备制造商的职位，我会寻找墨西哥的土地，因为那里有供应链、低建设成本、低劳动力成本，而且还有美国-墨西哥-加拿大贸易协定，这可以让你进入美国市场。他们将会像日本、韩国和德国公司一样来到这里，这是一个大市场。

Then today, Farley said I've been in the prediction business and the EV business. It has not been a great journey. It feels great in the moment to say it's 2027 or whenever it is, but it's not reality anymore. He said it's not negotiable that we're going to allocate capital to a new affordable EV and you have to make money in the first 12 months. And he said quote, and I don't want a BS roadmap. I want like a real plan. And if you can't execute that plan, we ain't launching the car. If you can't compete fair and square with the Chinese around the world, then 20 to 30% of your revenue is at risk. We have to fix this problem. We have to address this.

然后今天，法利说我一直从事预测业务和电动汽车业务。这是一次不太成功的旅程。在当下说出“2027年或其他什么时间”的感觉很好，但事实已经不是这样了。他说我们决不能不拨款给一款新的经济型电动汽车，并且你必须在头12个月里盈利。他说引用一句话，“我不想要靠谱的路线图，我想要一个真实的计划。如果你不能执行这个计划，我们就不会发布这款车。如果你不能与中国人在全球公平竞争，那么你的收入有可能减少20%至30%。我们必须解决这个问题。我们必须处理这个。”

Then speaking of Ford's new relationship with the UAW after the new deal, he said clearly our relationship has changed. Sean Fane has said the UAW is going to take a more confrontational tone with the automakers in the future, saying the days of the UAW and Ford being a team to compete against non union rivals were over. In response, Farley said the new contract could prompt some reevaluation as the business evolves. As we look at this EV transition in ice lasting longer and our truck business being more profitable, we have to think carefully about our footprint.

提及福特与美国汽车工人联合会（UAW）在达成新协议后的新关系时，他明确表示我们的关系发生了变化。肖恩·范尼表示，UAW将在未来与汽车制造商采取更加对抗性的态度，认为UAW和福特竞争非联盟竞争对手的时代已经过去。作为回应，法利表示，新合同可能会在业务发展中引发一些重新评估。在我们仔细思考电动汽车转型的同时，我们的燃油车延续更长时间并且卡车业务更加有利可图，我们必须谨慎考虑我们的发展方向。

Say what you will about Farley, but I've always admired his candor. Speaking of, Jonas put out a new Tesla stock note today, saying given the ambiguities and loopholes in the IRA as it's written, EVs produced in Mexico with the help of Chinese equipment and industrial know how offer a potentially viable, if somewhat uncomfortable path to onshoring low cost EVs.

说到法利，你可以说什么都可以，但我一直欣赏他的坦率。说到这个，乔纳斯今天发布了一份新的特斯拉股票声明，他表示考虑到IRA的笔者存在的模糊性和漏洞，借助中国设备和工业知识在墨西哥生产的电动汽车提供了一条潜在可行的、尽管有些不舒服的低成本电动汽车本土化道路。

The gist of the note, you can't have Western EVs without China. Western car companies have come to realize mass EV adoption in China are inextricably linked. VW subsidiary Scout Motors has broken ground on its plant in South Carolina, just north of Columbia. They're calling for production to begin by late 2026, when it will have an annual production capacity of over 200,000 vehicles. Both the SUV and the pickup will be unveiled in the third quarter of this year, and they're going to start production with the SUV first, followed by the pickup.

这则消息的要点是，没有中国，西方国家无法生产电动汽车。西方汽车公司已经意识到中国对电动汽车的大规模采用与其密不可分。大众（VW）旗下的子公司斯考特汽车已经在南卡罗来纳州的哥伦比亚北部奠基。他们计划在2026年底开始生产，届时年产能将达到20万辆以上。这款SUV和皮卡将于今年第三季度亮相，他们将首先生产SUV，然后是皮卡。

As out of spec, just reported, the VW ID4 finally has plug-in charge at Electrify America stations. There's now a temporary reprieve for independent body shops in Sweden, at least between February 19th and April 30th. Unusable cars can now be repaired at approximately 30 independent workshops. They said this reprieve does not apply to Tesla's own workshops. EF Mattall said it's to ease the pressure on private customers who have no part in this conflict and to make a little compensation to the workshops. This is pretty interesting timing with this reprieve because Tesla is literally on the verge of having its own vertically integrated workshop up and running. What's really happening here, Tesla was about to take this business in-house, and then these independent repair shops were going to lose a bunch of business. And then the EF Mattall secretary says, when this window is closed, it'll be very difficult to get your car repaired, so you have to think about which car you are buying. Is that a threat? It certainly sounds like one.

最新消息报道，奥迪ID4已经在Electrify America充电站开始提供插电充电。至少在2月19日到4月30日期间，瑞典的独立汽车修理店暂时获得了喘息的机会。现在，大约有30家独立汽车修理厂可以修复无法使用的汽车。据称，这个喘息期并不适用于特斯拉自己的修理厂。EF Mattall表示，这是为了减轻与冲突无关的个人客户的压力，并对修理厂进行一些补偿。这个喘息期的出现时间非常有趣，因为特斯拉正处于将自己的综合修理厂投入使用的边缘。实际上，特斯拉原本计划将这项业务内部化，从而导致这些独立修理店失去大量生意。然后EF Mattall的秘书表示，一旦这个机会消失，你的车辆很难得到修理，所以你必须考虑你购买的车型。这是一种威胁吗？听起来确实是。

You know, there is a silver lining to Morgan Stanley putting out this note on Tesla's stock in which he said that was easily the most bearish of their Tesla bull bear lunches. Some doubted if Tesla sales would grow at all this year, most seeking consensus falling and AI off the table for now. The thing is, when the expectations end up down in the basement, Tesla has a much better chance of actually surprising to the upside. But just so you know, he did say they expected bearishness from institutional investors, but there was barely any attempt to argue for a near-term bull case. To them, it seemed like everybody thought the stock would underperform over six months, and almost everyone felt the stock would underperform over 12 months.

你知道，根摩根士丹利发布的这一有关特斯拉股票的报告有一个积极的方面。在报告中，他们称这是他们特斯拉看空看多午餐中最看空的一次。有人对特斯拉的销量是否会在今年增长抱有疑虑，大多数人以及AI目前已经脱离了共识。问题在于，当预期落至谷底时，特斯拉实际上有更大的机会给人带来惊喜。但你要知道，他确实说过他们对机构投资者预计会看空，但几乎没有人试图提出短期看多的理由。对他们而言，似乎每个人都认为股票在六个月内会表现不佳，几乎所有人都认为股票在12个月内会表现不佳。

Carpathi commented about leaving open AI. All he really said was, my immediate plan is to work on my personal projects and see what happens. Those of you who have followed me for a while may have a sense for what that might look like. Cheers.

Carpathi谈到了离开open AI的事情。他实际上只是说，我的即时计划是致力于自己的个人项目，然后看看会发生什么。那些长期关注我的人可能大致上知道这会是什么样子。谢谢大家。

Just to circle back to that Washington Post article, Elon did clarify that the driver was not on FSD. The software had unfortunately never been downloaded. I say, unfortunately, because the accident probably would not have happened if FSD had been engaged. Rohan Patel said a tragic loss of one of our team members and inaccurate reporting on it years later. Apart from FSD beta software not being downloaded on the car, data from the incident was not retrievable. Separately, Rohan said, we have no data or evidence that any system was or was not enabled and have cooperated with authorities fully. What we do know is that FSD beta software was not downloaded onto the car. So no surprise, but this just makes that Washington Post article look even sleazier.

就回到《华盛顿邮报》的那篇文章，埃隆澄清了司机并未开启全自动驾驶（FSD）功能。很遗憾，该软件从未被下载。我之所以说遗憾，是因为如果FSD被启用，这起事故很可能不会发生。罗翰·帕特尔表示，我们团队中的一位成员的不幸损失以及对此事件的不准确报道已经过去多年。除了车辆上未下载FSD测试版软件之外，我们无法检索到有关该事件的数据。另外，罗翰表示，我们没有任何数据或证据表明任何系统是否已启用，我们已全力配合当局的调查。我们所知道的是，该车并未下载FSD测试版软件。所以这一点并不令人惊讶，但这使得《华盛顿邮报》的报道看起来更加不可信。

Waymo issued a voluntary recall of its software after two Waymo vehicles hit a pickup being towed in Phoenix. Neither of those vehicles were carrying a passenger. This came roughly one week after when a Waymo collided with a cyclist in San Francisco.

Waymo在两辆车撞到菲尼克斯市一辆正在拖行的皮卡后，主动召回了软件。这两辆车当时都没有乘客。大约一周前，在旧金山，一辆Waymo车与一名骑车人相撞。

Tesla stock closed the day at $200.45 per share, up 6.22%, and after hours it's up an additional 65 basis points. Today the NASDAQ was up 0.3%. Both Rivian and Lucid were also each up over 5% on the day. It was a modestly higher volume day for Tesla stock trading about 13 million shares above the average 30 day volume.

特斯拉股票当天收盘价为每股200.45美元，上涨了6.22%，之后的盘后交易又上涨了额外的0.65个百分点。纳斯达克指数当天上涨了0.3%。瑞弗安和露骑都在当天上涨了5%以上。对于特斯拉股票来说，当天的交易量适中，超过了过去30天的平均交易量约1300万股。

Hope you guys have a wonderful day.

希望你们度过美好的一天。

Please like the video if you did.

如果你喜欢这个视频，请点赞。

You can find me on X-linked below and a huge thank you to all of my Patreon supporters.

你可以在下方的X-linked找到我，非常感谢我所有的Patreon支持者。