Tesla Drops the 10-Q / Cybertruck Frunk / Ford & CATL Investigation ⚡️

Welcome to Electrified, it's your host Dylan Loomis, quick shout out to my newest patrons, Alex B and Dick L. Thank you for choosing to support the channel.

欢迎来到《电动化》，我是主持人迪伦·卢米斯。快速向我的最新赞助者亚历克斯B和迪克L致敬。感谢你们选择支持本频道。

A quick note from Friday on the Panasonic Battery Factory in Kansas that will mostly be supplying Tesla, regarding those rate hikes, it didn't really take into account the fact that the potentially biggest solar farm in the nation may actually set up shop right near this factory. The mayor said it won't put any pressure on city services so it'll allow us to grow, fill up the rest of the park without adding additional pressure on the infrastructure that we're building.

关于周五关于位于堪萨斯的Panasonic电池工厂发表的简短声明，该工厂主要为特斯拉提供电池。就那些电价上涨而言，实际上并没有考虑到一个可能是全国最大的太阳能发电场可能会在该工厂附近建立。市长表示这不会给城市服务造成任何压力，因此我们可以继续扩张，填满公园的剩余区域，而无需给正在建设中的基础设施增加额外压力。

I'm also being told that Panasonic has some land available south of where the current factory is being constructed, so if in the future they actually want to expand, they will have that option, and this factory is supposed to be a state of the art blueprint for any future factories in North America as well.

我还被告知，松下公司在目前工厂建设地以南还有一些土地可供利用，所以如果将来他们真的希望扩大规模，他们将有这个选择。而且，这个工厂还被设计为北美地区未来任何工厂的先进模范。

Tesla told us they plan to use no rare earth elements in their next gen drive unit, and I just want to share some context on what the rest of the industry is working on. This Japanese company, Proterial, has a prototype motor for EVs that use magnets that don't contain one rare earth neodymium. Their prototype contains mostly ferrite, but they're aiming for meaningful adoption in EVs by the early 2030s.

特斯拉告诉我们，他们计划在他们下一代驱动装置中不使用稀土元素。我只是想分享一下其他行业正在研究的一些背景信息。这家日本公司Proterial已经开发了一种原型电动车用电机，它使用不含稀土镓的磁体。他们的原型主要使用铁氧体，但他们计划在2030年初期将其广泛应用于电动车领域。

In case you're new, just wanted everybody to know that Tesla's no rare earth strategy that they plan to implement here in the next 2-3 years is definitely not widely available. Getting rare earths will reduce our dependence on China, but when it comes to battery recycling capacity year to date through June, this infographic is from RoMotion. China has a majority of the global capacity, which is why companies like Redwood are crucial to North America's future in the sustainable energy movement.

如果你是新来的，我想告诉大家，特斯拉在未来两到三年内计划实施的非稀土战略确实不容易实现。获取稀土将减少我们对中国的依赖，但截至6月份的电池回收容量的数据显示，中国拥有全球大部分的容量。这就是为什么像Redwood这样的公司对北美可持续能源运动的未来至关重要。

Also from RoMotion, June was the largest month year to date for global battery storage deployments with 9.1 gigawatt hours of new capacity entering operation across 79 different projects, or about 115 megawatt hours per project, which is up 362% from June of last year. Yet again, China is still making up a majority of the global deployments. But when it comes to the top 5 best projects installed year to date, one of them is in the United States in Texas from 5 wells solar and storage with 518 megawatt hours of capacity. There's not much about it online, but I believe this one is in Bell County, Texas.

从RoMotion来看，六月份是全球电池储能部署的最大月份，共有79个不同项目投入运营，总容量达到9.1千兆瓦时，平均每个项目约为115兆瓦时，较去年同期增长了362%。再次可以看到，中国依然占据了全球部署的大部分份额。然而，在截至目前年度最佳5个项目中，其中一个是美国德克萨斯州的5井太阳能和储能项目，总容量为518兆瓦时。关于这个项目网络上并没有太多信息，但我相信它位于德克萨斯州贝尔县。

And one more from RoMotion, year to date through May when it comes to the top 5 BEVs sold globally, the Model Y and Model 3 sit in first and second place, and it's really not that close. So far this year, 71% of EVs sold are actually full BEV and 29% are plug-in hybrid.

再来自RoMotion的一则消息，截至五月份，全球销售最多的五款纯电动车中，Model Y和Model 3分列第一和第二，而且领先优势并不小。今年迄今为止，71%的电动汽车实际上是纯电动车，29%是插电混合动力车。

Something to watch for future supercharger locations in New England and Canton, Massachusetts, Tesla's going to be rolling out a cyber canopy that'll have solar and wifi at this station as well. This 20-stall location, one of the largest in New England with lights under the canopy, will actually be located right near Trillium Brewery.

未来在新英格兰和麻萨诸塞州坎顿市，特斯拉将会推出一种具有太阳能和wifi的网络遮篷作为超级充电器站点的一个亮点。这个拥有20个充电桩的站点是新英格兰地区最大的之一，遮篷下还有照明灯。这个站点位于特里利姆酿酒厂的附近。

I won't read through all of these specific updates to the Spotify app, but if you're interested, this will be linked below. We touched on this last week, but this article has more detail. In case you're in any of these locations, Tesla will be offering free charging between hours of 10pm and 8am Friday through Monday off peak hours between July 21st and September 4th.

我不会仔细阅读Spotify应用程序的所有特定更新，但如果你有兴趣，下面会附上链接。我们上周有谈到这个问题，但这篇文章提供了更详细的信息。如果你在以下地区之一，特斯拉将在7月21日至9月4日的周五至周一非高峰时段（晚上10点至早上8点之间）提供免费充电服务。

I'm not sure a day like this will ever happen again, a positive Tesla article from Business Insider. It's not worth going through, it just talks about the NAC situation and all of these other cars needing adapters and a lot of uncertainty given the ports over the next few years. But this positive test article was kind of historic.

我不确定是否会再出现像这样的一天，这是来自《商业内幕》的一篇正面关于特斯拉的文章。不值得去了解，它只是谈论了汽车充电设施的情况以及其他车辆需要适配器的问题，以及未来几年港口可能面临的各种不确定性。但是这篇积极的测试文章确实是有历史意义的。

There's plenty of chatter out there about the ability to get a Tesla Model 3 for less than $14,000 before taxes and fees in California. Just want to say, this is a fairly unique situation. Despite that, it's still awesome and just a reminder, do your homework to find all of the available EV incentives in your state.

现在关于在加利福尼亚州以税前税后不到14000美元购买特斯拉Model 3的话题很多。我只是想说，这种情况相当独特。尽管如此，这仍然很棒，也提醒大家要做好功课，了解你所在州的所有电动汽车激励政策。

Replying to Andre Carpathi talking about living in a bubble when he introduced chat GPT to his parents, Elon said, same thing happens with Tesla FSD, I forget most people on earth have no idea cars can drive themselves. This is so true because most of my smart intellectual friends still don't know what Tesla FSD even is. Outside of our Tesla bubble, we are still so early.

回复安德烈·卡尔帕蒂关于他向父母介绍聊天GPT时所说的生活在一个封闭的圈子里，埃隆表示，对于特斯拉自动驾驶（FSD）也是如此，我常常忘记大多数人都不知道汽车可以自动驾驶。这是非常真实的，因为我那些聪明的智力朋友们甚至都不知道特斯拉FSD是什么。除了我们特斯拉的圈子，我们还远远不够普及。

Retained earnings is really just cumulative net income in this case since Tesla's IPO. Just wanted to pass along this fun chart from James Stevenson and we can watch the end of this together. Ray for Tesla shared this video of an auto publication in China doing some testing with the Model Y in the Volvo XC in the snow. Long story short, the Model Y saw it 60-70 meters away, stopped no problem. The Volvo XC saw it at the last second and as you saw, didn't have time to stop. As you're about to see, the Volvo's brake lights don't come on until the last second.

自上市以来，Tesla的留存收益实际上就是累积的净收入。我想跟大家分享James Stevenson的这张有趣的图表，我们可以一起看完。Ray for Tesla分享了这段视频，展示了中国的一家汽车出版社在雪地中使用沃尔沃XC对Model Y进行测试的情况。简而言之，Model Y在60-70米外就能看到，并且轻松停下来。而沃尔沃XC则是在最后一刻才看到，并且如你所见，没有时间停下来。正如即将看到的，沃尔沃的刹车灯直到最后一刻才亮起。

I'm not entirely sure what's going on here but Holmars tweeted some pictures of a Cybertruck in a shop that has a wrap looking like an F-150. Looking at the Cybertruck on the left, of course it has the insert with the front removed, however, this picture does make it seem like the front has to be smaller than the one on the F-150 Lightning. I do think we need to withhold judgment because making any final assumptions from an image like this is not a wise idea. And then we have this, the Cybertruck with the wrap making it look like a more traditional pickup truck. I don't think it has to be specifically trolling the F-150 Lightning but I could see why so many people think that. This of course makes for the third iteration of a Cybertruck wrap that we've seen out in the wild. So whether this wrap is going to be an option or it's just for trolling or it's just going to be a marketing stunt, I do think more importantly the takeaway is maybe Tesla did make a trade off to have a bit longer bed and ultimately the Cybertruck might have a little bit smaller front than the F-150 Lightning but very curious to see an actual shot of the front. Thank you so much. If you didn't notice, there was an employee sitting in the vehicle so they couldn't get better footage of inside the bed and inside the truck. Brad Sloane also had a nice spot of Giga Austin and two Cybertrucks in a transport vehicle. These are definitely unofficial numbers but the Cybertruck reservation tracker has the total net reservation count over 1.9 million so go ahead and pause and browse if you want but the link to the document will be below.

我对这里正在发生的事情并不完全确定，但Holmars发了一些在一家商店里的Cybertruck的照片，上面贴着一个看起来像F-150的护套。看着左边的Cybertruck，当然了，它有一个去掉了前部的进口部件，然而，这张照片确实让人觉得前部比F-150 Lightning要小。我认为我们需要保留评论，因为从这样一张照片中得出任何最终的假设都不是一个明智的想法。然后我们有这个，这个Cybertruck贴着护套，使其看起来像一个更传统的皮卡。我不认为它必须是专门嘲笑F-150 Lightning，但我可以理解为什么有这么多人这么认为。当然，这是我们在野外见过的第三个Cybertruck护套的版本。所以无论这个护套是一个选择还是只是为了嘲笑或者只是为了营销噱头，我认为更重要的是，特斯拉可能确实进行了一些权衡，以获得稍微更长的货箱，并且最终Cybertruck可能比F-150 Lightning要小一点，但非常好奇看到实际前部的照片。非常感谢你。如果你没注意到，车里有一名员工，所以他们不能拍到更好的车厢内部和车辆内部的镜头。Brad Sloane还在Giga Austin发现了两辆Cybertruck在一辆运输车上的好位置。这些肯定是非官方的数字，但Cybertruck预订追踪器显示总净预订数超过190万，所以如果你愿意，可以停下来仔细查看，但文件的链接将在下方提供。

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Jeff Roberts shared an image from Gigatexis of 68 of 68 megapacks now being installed. So you know this is cool and all but it really feels like a missed opportunity not adding one more. You may recall there were some investigations into Gigabrelin for that hazardous waste material that Tesla may have been using and operating without authorization. Well RBB24 reported that investigation has stopped. Apparently there's one suspect or employee who may still be under investigation that one is temporarily stopped but for the other five they have been completely discontinued because of insufficient suspicion or evidence. According to the prosecutor's office the use of hazardous materials was only planned for the short term and no specific environmental hazard had occurred or was expected.

杰夫·罗伯茨从Gigatexis分享了一张正在安装的68个68兆瓦包的图片。所以你知道这很酷，但是感觉错过了一个机会，没增加一个。也许你还记得曾有调查Gigabrelin使用和操作未经授权的有害废物，这可能是特斯拉使用的。然而，《RBB24》报道称该调查已停止。显然，有一名嫌疑人或员工可能仍在接受调查，这个案件目前被暂停了，但对其他五名涉案人员的调查已经完全停止，因为怀疑或证据不足。根据检察官办公室的说法，有害物质的使用仅计划用于短期，并且没有发生或预期到特定的环境危害。

Tesla's 10Q dropped this morning and I just want to highlight a few things from my first run through it. When it comes to Tesla's energy generation and storage sales specifically the deferred revenue balance as of June 30th, 2023 customer payments amounted to $1.1 billion mainly due to billings for milestone payments. This of course is an amount that Tesla will recognize as revenue in the future once those milestones are actually hit and then Tesla said of that amount they expect to recognize $207 million in the next 12 months. If you like doing earnings per share calculations the latest diluted shares outstanding figure is 3.478 billion shares outstanding.

特斯拉（Tesla）的10Q报告今天早上发布，我想从第一次浏览中强调一些要点。就特斯拉的能源产生和储存销售而言，截至2023年6月30日，顾客付款达到11亿美元，主要是由于里程碑付款的账单。当然，这是一笔特斯拉将来会确认为收入的金额，一旦实际达到这些里程碑，然后特斯拉表示，他们预计在接下来的12个月内将会确认其中的2.07亿美元。如果你喜欢进行每股收益计算，最新的稀释后的流通股份为34.78亿股。

Here's a snapshot of Tesla's debt. You can see the 37 current and 7 long term total recourse debt totaling the 44 million that they shared in the slide deck. The differentiation recourse debt holds the borrower personally liable whereas with non recourse debt the lender can only come after the borrower for the collateral that's backing the loan.

这是特斯拉债务的概览。您可以看到它们目前有37项债务及7项长期债务，总计达4400万美元，这些信息在投资者展示文档中有所提及。有所区别的是，担保债务要求借款人个人承担责任，而非担保债务则只限于贷款所支持的抵押品。

Here we get a breakdown of Tesla's revenue by geography and I'm going to focus on the 6 months ended June 30th so the first half of this year. During the math in the United States for the first half of this year 46.8% of Tesla's revenue came from the United States. Compare that to the first half of 2022 that number was 51.4%. More importantly in China as many people want to see Tesla slowly decouple from this region in the first half of this year 22% of Tesla's revenue came from China. Compare that to the first half of last year when 23.6% came from China so we're still heading in the right direction. Which of course means Tesla's revenue in the first half of this year from other international was 31.1% up from 24.9% over the same time period last year. So it's great Tesla is still growing in the Chinese market which of course is important but it's growing faster in other international regions and reducing its dependence on China.

这里我们可以看到特斯拉按地理分布的收入情况，我将关注截至6月30日的6个月，即今年上半年的情况。今年上半年，特斯拉在美国市场的收入占总收入的46.8%。与去年同期相比，这个比例为51.4%。更重要的是，在中国市场，今年上半年特斯拉收入的22%来自中国。与去年同期的23.6%相比，我们仍然向正确的方向发展。当然，这意味着今年上半年特斯拉在其他国际市场的收入占比为31.1%，高于去年同期的24.9%。所以，特斯拉在中国市场仍在增长，这当然是重要的，但在其他国际市场的增长速度更快，减少了对中国市场的依赖。

In the first half of this year Tesla's capital expenditures were $4.13 billion compared to just $3.5 billion during the same time last year. Which is right on track with Tesla's guidance of $7 to $9 billion of CapEx per year for the next two fiscal years. Tesla having more cash isn't just great to have a war chest and peace of mind they of course will earn more interest income with that cash. The money Tesla earned from interest income was $451 million in the first half of this year up 397 million or 735% in the first half of this year compared to last year. So a bit more cash and much higher interest rates led to almost $400 million more in interest income during this time period. That alone is worth about $0.11 per share.

在今年上半年，特斯拉的资本支出为41.3亿美元，而去年同期仅为35亿美元。这与特斯拉过去两个财年每年7至9亿美元的资本支出指导是一致的。特斯拉拥有更多的现金不仅有利于储备资金和安心，当然还能从现金获得更多利息收入。今年上半年，特斯拉从利息收入中获得了4.51亿美元，相比去年同期增长了3.97亿美元或735%。因此，在这段时间内，更多的现金和更高的利率使得利息收入增加了近4亿美元。这单独就值约0.11美元每股。

From Reuters Tesla representatives are set to meet India's Commerce Minister this month to discuss plans to build a factory to make the all new $24,000 car. Plans are expected to center around setting up an EV supply chain and discussing land allotment for a factory.

据路透社报道，特斯拉代表本月将与印度商务部长会面，商讨在印度建厂生产售价为2.4万美元的全新车型。计划主要包括建立电动汽车供应链和商讨分配用于建厂的土地。

Tesla delivered almost 890,000 cars in the first half of this year more than VW, BMW, Mercedes and Porsche combined. This has the Germans playing second fiddle in their home market where Tesla remains the top EV brand. Just take it in. From an auto analyst near Hamburg he said Tesla is still miles ahead of the German car makers in all major markets.

特斯拉今年上半年的交付量达到近89万辆，超过了大众、宝马、梅赛德斯和保时捷的总和。这导致德国汽车制造商在本土市场上屈居次席，而特斯拉仍是顶级电动汽车品牌。就让我们接受这个事实吧。一位位于汉堡附近的汽车分析师表示，在所有主要市场中，特斯拉依然遥遥领先于德国汽车制造商。

Chevron is now considering opportunities to produce lithium that would be used in EV batteries, but Chevron has made it clear it has no plans to invest significantly in big wind or solar projects, saying the returns are low and the competition is too high.

雪佛龙现在正在考虑生产用于电动车电池的锂的机会，但雪佛龙明确表示，他们没有计划在大型风能或太阳能项目上进行重大投资，原因是回报率低且竞争激烈。

Ford's joint venture with CATL for that massive battery factory in Michigan is being investigated by US lawmakers. Their airing concerns that this joint venture could avoid restrictions on Chinese made EV components. The primary concern is that Ford will just be importing Chinese technology because the batteries would still qualify for the full federal EV tax credit without using US resources. Ford's also being accused of giving a number of the new jobs created by this plant to Chinese nationals who will work on behalf of CATL to implement and oversee the technology. On this one though, as we just saw with the TMC plant in Arizona for semiconductors, they need that specialized labor and in some cases America doesn't have it yet. With Ford's big aspirations to shift to LFP technology in the F-150 Lightning, this is definitely a thread to watch.

福特与CATL在密歇根建立大型电池工厂的合资项目正受到美国议员的调查。他们表达了担忧，认为这个合作项目可能会规避对中国制造的电动汽车组件的限制。主要的担忧是福特将只是进口中国技术，因为这些电池仍然可以获得完整的联邦电动汽车税收抵免，而无需使用美国资源。福特还被指责将这个工厂创造的一些新工作机会交给将代表CATL负责实施和监督技术的中国公民。然而，正如我们刚刚在亚利桑那州看到的TMC半导体工厂一样，他们需要专门的劳动力，而在某些情况下，美国尚未掌握相关技术。随着福特对F-150 Lightning转向LFP技术的远大抱负，这绝对是一个需要密切关注的问题。

GM authority caught a glimpse of the upcoming 2024 Sierra Denali EV Edition 1. Reservations are already full but you can still join a waitlist. This vehicle is supposed to be available for deliveries sometime spring 2024. But if GM's ED production so far is any indication, I would not get my hopes up for an on time delivery.

GM之权威 抢先一窥即将推出的2024年Sierra Denali EV Edition 1。预订已经满额，但您仍可加入等候名单。预计该车辆将于2024年春季开始交付。但根据GM到目前为止的电动车生产情况来看，我不会对准时交付抱太大希望。

This is just a rendering but the news is Rivian has plans to open up a brand new showroom in Austin. The Lucidair Sapphire is now available for reservation but the reservation isn't cheap. The refundable deposit is $25,000 for the car that has an MSRP around $250,000.

这只是一个渲染图，但消息是Rivian计划在奥斯汀开设一家全新展厅。Lucidair Sapphire现在可以预订，但预订并不便宜。该车要求可退还的押金为2.5万美元，车辆的建议零售价约为25万美元。

From tech AU, here we have the pricing for the Polestar 3 in Australia compared to the Model Y. Even before you look at the drive away costs, just the regular price, you can see significantly more expensive than the comparable Model Y. I'm rooting for Polestar but in Australia, this is a very tough comparison given this pricing for the Polestar 3.

从澳大利亚技术观点来看，我们对比了Polestar 3和Model Y的定价。即使在没有考虑到购车成本的情况下，仅仅看到正常的价格，你就会发现Polestar 3比可比的Model Y要显著地贵。我支持Polestar，但在澳大利亚，考虑到Polestar 3的这个定价，这是一个非常艰难的比较。

I thought it was kind of funny, of everything VW could copy test before. One of the first ones they might be working on in this patent is removing the stocks, one of Tesla's more controversial decisions. So VW might be working on putting things like the turn signals right on the steering wheel with buttons that could be physical haptic or both.

我觉得这有点有趣，大众汽车在测试之前可以复制的所有东西中，他们可能正在研究的是特斯拉的其中之一，即去除股票，这是特斯拉更具争议的决定之一。因此，大众汽车可能正在考虑将转向灯等功能直接放在方向盘上，按钮可以是实体触觉或同时具备虚拟触觉。

On LinkedIn, Tesla shared a new 2 minute video of the collision team. Pretty cool video, they just talk about incentives for the employees and what Tesla does differently. They had some music though so it'll be below if you want to check it out.

在LinkedIn上，特斯拉分享了一个新的2分钟的碰撞团队视频。视频相当酷，他们只是谈论了对员工的激励措施以及特斯拉与众不同的做法。视频中也配有一些音乐，如果你想看的话，下面就是链接。

Don't forget to check out AG1 links below if you're interested, you can find me on Twitter at Dilamoomis22. Hope you guys have a wonderful day, please like the video if you did and a huge thank you to all of my Patreon supporters.

如果你感兴趣的话，请不要忘记查看下面的AG1链接，并可以在Twitter上找到我，我的用户名是Dilamoomis22。希望你们有个美好的一天，请如果你喜欢这个视频的话点个赞，并衷心感谢我所有的Patreon支持者。