Welcome to Electrified, it's your host, Dilunumus. So, Neoin is going back to the Tesla well as they're set to double a battery storage project, they're looking to add a 540 megawatt hour stage to their Western Downs battery. This pushes the total size of that battery to just over 1 gigawatt hour. This deal continues the rush of interest by all the big electricity generation companies in battery storage. The project is a coup for Tesla, which will provide 140 Tesla megapacks for the project, just like it's done for the Hornsdale, Bulgana, Victoria and Colley batteries. If you've followed along, Neoin has been working pretty extensively with Tesla and now Neoin has its battery storage portfolio in Australia at 1.9 gigawatts, but they're planning to have 10 gigawatts of capacity built or in operation by next year. The Tesla megapack takeover in Australia is well underway. The joint office of energy and transportation is celebrating the groundbreaking of the nation's first program, which is effectively two fixed broken EV chargers. The grant program has made around $150 million available for American communities to repair roughly 4,500 existing EV charging ports. It was great on the surface, but when you do the math, that works out to over $33,000 to repair each port. And we know it's not like these charging stations are 20 years old. Most of these have been built within the last 5-10 years and they already need money to be repaired. The grants are designated for locations with a broken or non-operational publicly available charger, but it was funny because they said the new and improved fast charging ports at the site they're starting with in DC can triple the speed of charging compared to the previous output. However, when you figure out the details, you learn that they're going from a 50-kilowatt charger to 150 kilowatts. So in my opinion, they're still below where they actually should be.
Today, we also have the current administration announcing $521 million in grants to continue building out EV charging across 29 states, two tribal lands and the District of Columbia, including deployment of more than 9,200 EV charging ports. For what I'm about to say, we have to keep in mind the way this program works, these investment funds put public dollars in the hands of the states. Not only did Joe Biden mistakenly say that Mary Barra was leading the EV transportation, but here we have Pete Buttigieg saying something very similar in that the current administration has been clear about America leading the EV revolution. Pretty sure the data from China would have something to say about that one. Of the funds, $321 million will be allocated for 41 community projects that expand EV charging infrastructure within communities, while $200 million will go towards 10 corridor fast charging projects. The award support the Justice 40 Initiative which aims for 40% of the overall benefits of federal investments to flow to disadvantaged communities. The Federal Highway Administration got requests for consideration from 277 applicants requesting a combined $2.1 billion in funding, almost twice the amount of the funding that's available. This round of funding expands the number of states with an awarded CFI project to 38.
I'm sure at this point many of you are recalling this news that earlier this year, more than two years after Congress allocated $7.5 billion for EV chargers, only seven EV charging stations were operational in four states. Across those seven stations, there were only 38 ports available. When that funding should be enough for 20,000 charging ports or around 5,000 stations. Now there's certainly plenty of blame to go around, but we do need to also point the finger at the state level because 17 states at the time had not even issued proposals yet for the funds. The states need to submit plans to the current administration for approval, they have to get bids on the work, and then they actually award the funds.
Some states are facing challenges getting permitting approval and electricity out to stations that may be in remote areas. As I said on X a few weeks back, the application process for the NEVI funding isn't even open yet in some states like Florida. Which by the way is the second biggest state in the country when it comes to the number of EVs on the road. Now we just wait and see how effectively this next round of funding is over the next few years. In comparison, doing the math on these grants, it would work out to just over $56,600 for each charging port. But as we all know too well, oftentimes these advertised numbers don't actually come to fruition. These numbers really should be interpreted more as an uber bullish best case scenario.
The times put out an article highlighting why some of the other legacy OEMs still don't have access to the Tesla Supercharger network, it's largely because of software delays and hardware shortages. The former being that many of these legacy OEMs have to get their vehicles ready to communicate with the Tesla Superchargers and the latter point is of course for the Tesla adapter. GM has told us they're expecting to finish their software coordination with Tesla sometime later this year. But then they would have to do extensive testing and approval before giving them to their customers in good faith. So it's likely much easier for them just to wait to get them from Tesla officially.
And as an update GM has said, it continues to work in good faith with Tesla to finalize an agreement that offers a seamless Supercharger network experience for their customers. This may just have been corporate speak, but finalizing an agreement is a bit different than just working on the software. Again on this run, I'm sure there's blame to go around partly it lies on the legacy OEMs figuring out the software, but Tesla may be to blame as well after the mass layoffs, which did obviously hit Tesla's supercharging team quite hard. They're likely understaffed and scrambling around figuring out new contacts with all of these different legacy OEMs, so that's likely a big reason for these delays.
More and more Tesla owners with hardware 3 are finally getting FSD12.5.1.5, so let us know below if you've gotten yours yet. The weekly Tesla China data came in at 14200 for the week, comparing that to the same weekend quarter 2, that number was 13200. So quarter over quarter Tesla China is now up 29.4%. Week 8 in quarter 3 last year was 17000, but if you look at the following 3 weeks, the comps are actually a bit easier than they were the prior 3 weeks. Despite the lower number this week compared to last year, looking at the year over year number, Tesla China is still up 10.3%.
For Tesla to set a new record quarter domestically over the remaining 5 weeks, they would have to average just over 14820 registrations. There was one interesting tidbit from a new Tesla stock note from Morgan Stanley. They said depending on the week, we get more incoming calls from clients inquiring about Tesla's potential in humanoid robots than we do on the core EV business. It's worth noting our humanoid's blue paper has more investor reads than anything else our team has published in several years by a multiple. We expect interest level to rise further as the bots see faster deployment and use cases like warehouse logistics, manufacturing and similar closed work cells. Government interest in related enabling technologies and systems will likely follow.
So if Tesla can pull a rabbit out of a hat in the next 2 years and actually deploy a few hundred or a few thousand bots in its factories doing useful work, it's really sounding more and more like the big money in Wall Street is going to be ready to FOMO back in to Tesla stock. As we've said, the early use cases for Optimus likely have far fewer edge cases than solving for autonomy, so there's still plenty of engineering and training to do for Optimus. But it's likely a much easier path to deploying a few thousand in a specific use case than flipping the switch to unsupervised FSD.
There's a report out there that the CEO of the Las Vegas Convention and Visitors Authority said the plan is to begin the early stages of autonomous driving within the boring system using the Tesla vehicles. He said hopefully this will get started just slightly using a driver assistance tool by the end of this year. But there's still no timeline associated with when full autonomy will be implemented in the system. Unfortunately we don't know if Steve Hill has some insider information or he's just speculating. Now if you've been following along you may remember back in 2022 we heard the same thing from Elon saying that FSD may come to the boring tunnels by the end of 2022. And honestly unless it's a regulatory issue I have questions about this because it seems like one of the most straightforward easiest use cases for FSD.
There's not really traffic, weather, pedestrians, any of that, maybe other than where the passengers actually get into the vehicle. So given they're still figuring out FSD in a supervised fashion with a driver my guess is it has to be something with regulations. Either way if they figure it out it would be some decent marketing as earlier this year we learned that the boring company gave rides to 2 million passengers in the Vegas Loop just a little over one year after it surpassed 1 million passengers.
The La Crescent Police Chief which is in Houston County Minnesota shared a picture of their new Model Y. The police chief said the officers love it and it's good for the city. But I really wanted to highlight something I found a bit comical he said it's like a souped up golf cart that runs on battery. Now in the context he was attempting to speak positively about the Model Y but in the early days of EVs you'll remember many of the skeptics would refer to EVs as glorified golf carts so it's just funny that that line of thinking has come back around.
Here's our periodic reminder to stay vigilant out there with Tesla's FSD as Bradford from Rebellion Air shared a video where he had to disengage because FSD was not yielding for a bus with the flashing red and the stop sign out. Honestly the way I see it these are the situations where FSD should be ultra cautious in an event where there could be kids darting across the road you just never know. Right now if you go to order a Model X all wheel drive variant and you include FSD for $8,000 you can then get one paid upgrade option for free so if I click the 6 seat interior which is usually $6,500 it's actually included.
这是我们的定期提醒,一定要在使用特斯拉的FSD(全自动驾驶)时保持警惕。Rebellion Air 的 Bradford 分享了一段视频,视频中他不得不手动接管,因为FSD没有在出现闪烁红灯和停车标志时为公交车让行。老实说,在我看来,这种情况下FSD应该格外谨慎,因为可能会有孩子突然跑到路上,你永远无法预料到会发生什么。
目前,如果你去订购一辆Model X全轮驱动版本,并选择支付8000美元购买FSD,你就可以免费获得一个升级选项。比如,如果你选择原本价格为6500美元的六座内饰配置,它就会包含在内。
And if you take advantage of this deal and you use somebody's referral link it looks like it bumps you under the $80,000 price cap which means it would be eligible for the $7,500 credit. And if you need a link I still have a few available for now it's linked below. There was an article talking about Lexus working on a new brand style and they're going to focus on body rigidity with future models. But I just wanted to highlight they said this project has been in the works since 2018 and that engineers are still testing the tweaks and plan to roll out the advancements with annual model changes and mid cycle updates.
So yes that's 6 years they've been spending working on these upgrades that aren't even fully rolled out yet. They said while Lexus has lagged Tesla on digital tech and historically trailed the Germans in driveability industry watchers say Lexus is making strides against the Germans. They also said gigacasting is expected to be employed to manufacture those next gen platforms. If for whatever reason he needed some more evidence that legacy OEMs move quite slowly there you go.
The new has decided to close its office in Los Angeles and they're now moving to Justin Texas. But simultaneously their chief technology officer has left the company. What that means is now there's only one member of the original founding team still at the company. Canoe has delivered some delivery vehicles to the US Postal Service but they still have plenty work ahead and they only have about $19 million on their balance sheet at the end of quarter too.
The price for a CCS combo 1 adapter on the Tesla shop has been cut by roughly 50% down to $125. To touch on Starlink in case they ever do IPO and Tesla investors get early access, Alex was highlighting how Starlink's direct to sell tech will be able to send emergency alerts to all wireless users in cellular dead zones even if they have not signed up for the service to which Elon said this could help a lot of people if they're stranded in the wilderness. After thinking it through, Starlink will provide emergency services access for mobile phones for people and distress for free. This applies worldwide subject to approval by country governments.
ExPang just announced they're releasing its mass market brand Mona which stands for Made of New AI. The brand will start selling some models for under $17,000. Converting to the EPA cycle the vehicle would likely be in the mid-200s when it comes to range. The company has not yet specified a launch date for the standard version of the car. They did say the Mona M03 will use a range of sensors, cameras and a LiDAR. Just something to note in the article they did say Tesla's FSD is not fully accessible in China although it's widely expected to be released in the coming months. That could just be more speculation based on hearsay but there have been some signs pointing that direction.
ExPang also announced they'll be launching the brand's humanoid robot later this year in October. So taking yet another page directly out of the Tesla playbook. By the way this is just an image on a screen that's not the actual size of the robot. And one more for good measure, ExPang is also now planning to set up a large scale data center in Europe as efficient software collection becomes paramount for cars intelligent driving features. But as I always say, success leaves clues so ExPang could be making worse decisions.
Tesla brought its dojo v1 networking hardware to the hot chips conference this year and announced they're donating its own Tesla transport protocol over ethernet to the ultra ethernet consortium. The article said instead of using TCP which is transmission control protocol, Tesla decided to make its own networking protocol for its AI cluster. To keep it simple we've talked about how Tesla's core techs is using some Nvidia H100 GPUs, Tesla's hardware 4 or AI 4, a little bit of dojo but that all just focuses on the hardware so the real magic is actually in how these different hardware components communicate with one another. And that's where Tesla's transport protocol actually comes in. Now I don't want to wade out of my depth here but just know that the TTP is a hardware only ethernet protocol that's really designed for ultra low latency communication. Many traditional protocols rely on software where TTP is implemented using entirely hardware. In theory, Tesla's TTP hardware only approach should lead to reduced latency, increased reliability and better scalability which makes sense because if it's a hardware only implementation that reduces your points of failure. So over time this really could lead to faster training of FSD and a more efficient use of all of Tesla's AI hardware. And given this is another vertical integration custom creation of Tesla paired with Tesla's own custom AI 4 and dojo it's really just another moat of sorts for Tesla. Now this still has to actually transfer over to better FSD performance but the groundwork is being laid.
People's stock closed the day at $209.21 down 1.88% while the NASDAQ was up 0.16%. It was another lower volume day for Tesla trading about 25 million shares below the average volume the past 30 days. Hope you guys have a wonderful day. Please like the video if you did. You can find me on X linked below and a huge thank you to all of my Patreon supporters.