Tesla China Sales Update, New Patent, Legal Reports

Hey everybody Rob now we're here and today should be a pretty quick one we don't have a whole lot of Tesla news but we do have updated China insured vehicle numbers we've got a new patent publication a couple of legal reports and a few other items as well. Also a pretty quiet day for the markets today as we head into the FOMC meeting results tomorrow Tesla today up about a half a percent to close at $266.50 an Aztec down about a quarter of a percent.

大家好，我是Rob。今天我们没有太多关于特斯拉的新闻，但我们有最新的中国保险车辆数据、一份新的专利出版物、几份法律报告以及其他一些内容。今天市场相对平静，因为我们即将迎来明天的美联储FOMC会议结果。特斯拉今天上涨约0.5%，收盘价为266.50美元，亚马逊则下跌约0.25%。

All right we'll start off with Tesla insured vehicle numbers so for the week of September 11th through the 17th there were 8,500 Tesla's insured in China. This is another week over week drop down about 2,000 vehicles from the week prior and this now puts the quarter to date trend below Q3 so about 120,000 insured through the first 11 weeks here in Q3 through the first 11 weeks of Q2 that number was 126,000 and Q2 finished very strong jumping all the way to 160,000 for the quarter. So if this pace that we're seeing right now kind of continues we should expect Q3 to finish somewhere down between 10 and 15 percent or so to that Q2 record.

好的，我们将从特斯拉保险车辆数量开始讨论。从9月11日至17日这一周，中国共有8500辆特斯拉投保了保险。与上周相比，这是连续第二周下降约2000辆车，这也使得本季度至今的趋势低于第三季度，大约有12万辆车在第三季度的前11周中投保了保险，而在第二季度的前11周中这个数字是12.6万辆。第二季度以强劲的势头结束，季度总数达到了16万辆。所以如果我们目前所看到的趋势继续下去，我们可以预期第三季度的结果将在10%至15%之间低于第二季度的记录。

Now of course what we're seeing here is the impact of the transition in the model three. This number this week is primarily almost entirely model Y vehicles and we expect that to continue for the next couple of weeks even though model three highline production has started it looks like all those vehicles right now are likely destined for Europe so we probably won't see any highland model threes in China until Q4. So nothing here surprising we've been talking about this impact for quite a while now but as we continue to get these numbers it's going to give us a better and better sense of where total deliveries for Q3 worldwide might come in at.

现在我们看到的是Model 3的转型对业绩的影响。本周的这个数字主要是几乎全部是Model Y的车辆，我们预计在接下来的几周中这种情况将继续下去，即使Model 3的高配版已经开始生产，但看起来这些车辆现在可能都要运往欧洲，所以在中国我们可能要等到第四季度才能看到高配版Model 3。所以这里并没有什么令人意外的，我们已经讨论了这个影响已经有一段时间了，但随着我们继续获得这些数字，我们将越来越了解到全球第三季度的总交付量可能会达到什么水平。

Now kind of relevant to that point I did get a comment yesterday that got a few likes so probably worth addressing here it's very unhappy that Tesla daily does not report on the complete stop of production of model Y vehicles in Texas Joe Tagmires reported that production ceased two weeks ago and would not restart for another week or 10 days how can Tesla daily report this happy talk of 5 million vehicles and as of now production in Texas has halted. So I did talk about these reports in a couple of other episodes we talked about the new production equipment that Joe had spotted coming into Gigatexus. We also talked about the removal of the 4680 model Y from the design studio which is of course made in Texas but maybe I could have been a little bit more explicit or given a more recent update on the situation which is that things do still seem to be slow or paused at Gigatexus right now. I don't think it's at all relevant to contrast that versus Tesla hitting a 5 million vehicle production milestone though that's a huge lifetime milestone for Tesla that's been accomplished in large part because of previous production shutdowns like this to make improvements, make upgrades and ultimately drive production higher so there shouldn't be a contrast with a happy milestone here for Tesla just because there's some downtime in Gigatexus that is not a unhappy event by any means probably the opposite as Tesla gets ready here for Cybertruck and hopefully the next generation 4680 cell and we had notice from Tesla on the Q2 earnings call that there was going to be various instances of production downtime this quarter for implementing of upgrades. Obviously that applies to the transition from Model 3 Highland but isn't necessarily restricted to just that so hopefully that helps clarify and although I'm addressing the feedback I do appreciate it so that if there is some inconsistency in what I think has been talked about versus what has been heard we can get everybody then on the same page.

现在与此观点相关的是，昨天我收到了一条评论，得到了一些赞，所以可能值得在这里解释一下，有人对《特斯拉每日》没有报道德克萨斯州Model Y车辆生产的完全停产感到非常不满。乔·塔格迈尔斯报告称，两周前停产，将在另一个星期或10天后恢复。《特斯拉每日》如何报道这个令人愉快的地方，报道了500万辆车辆的消息，而目前德克萨斯生产已经停止。所以我在其他几集中确实谈到了这些报导，我们谈到了乔发现了新的生产设备进入Gigatexus的情况。我们还谈到了在设计工作室中去掉了在德克萨斯制造的4680 Model Y的情况。也许我可以更明确一些，或者在最近给大家一个更新的情况，即目前在Gigatexus的生产速度确实很慢或者已经停工了。但我认为这与特斯拉达到500万辆车的里程碑并不相关，尽管这对特斯拉来说是一个巨大的里程碑，这在很大程度上是因为类似于这样的生产停工来进行改进、升级，最终推动生产更高。因此，在特斯拉取得一个幸福的里程碑时，不应该与Gigatexus的停工形成对比，这并不是一个不愉快的事件，相反地，特斯拉正在为Cybertruck和希望的下一代4680电池做准备。我们在Q2财报电话会议上从特斯拉那里得到了通知，本季度将会有各种生产停工情况，以完成升级。显然，这适用于从Model 3 Highland过渡，但并不仅限于此，希望这能帮助澄清，尽管我正在回应反馈，但我也很感激，所以如果我认为已经谈到的事情与所听到的事情有所不一致，我们可以让每个人都了解到同样的情况。

All right next up we've got a newly published patent from Tesla this is according to the abstract for a battery system which includes multiple cells arranged in a common cell enclosure that can also be used for a structure and heat transfer fluid conduit so it mentions structural battery here I don't think it's necessarily relating exactly to what we would think of as a structural battery patent from Tesla this talks about integrations for not just electric vehicles but also for energy storage systems and other use cases to me it seems to mostly focus on how the collector plate and battery cells are integrated but beyond that probably outside of my technical knowledge however the patent number is 11 764 432 if you do want to look that up from the USPTO.

好的，接下来我们有一项特斯拉新发布的专利，根据摘要来看，这是一种电池系统，其中包括在一个共同的电池围护结构中排列的多个电池，该结构还可以用于支撑和传热流体通道。它提到了结构电池，但我不认为它与我们通常认为的特斯拉结构电池专利完全相关。这篇专利谈到了集成不仅仅用于电动车，还用于能源储存系统和其他用途。对我来说，它似乎主要关注的是集电板和电池的整合，但除此之外就超出了我的技术知识范围。不过，如果你想查看的话，专利号是11 764 432，可以从美国专利商标局查询。

Next I just want to quickly check in on Model S and Model X since the pretty significant price cuts we have seen Model X wait times already move out once they've now been updated again estimated deliveries now sitting in November to December for new orders Model S still a little bit earlier October to November but in a Q4.

接下来，我只是想快速检查一下Model S和Model X，因为我们已经看到了相当大的价格下降，我们已经看到Model X的等待时间已经延长了，现在预计新订单的交付时间将在11月到12月之间，Model S的交付时间稍早，预计在10月到11月之间，但在第四季度。

Anecdotally just kind of checking from what seems to be available on Tesla's site it seems like inventory on both of these has also gone down quite a bit. since those price cuts so at least for now they seem to have been pretty effective but obviously the big question is how the sustained order rate looks after such a big price drop which is obviously going to lead to an influx of orders plus we've also got the combination here in Q3 of the impact of the FSD transfer which will end for vehicles delivered past September.

凭经验来看，从特斯拉网站上所提供的信息来看，这两款车的库存似乎也大幅减少了。这些降价至少目前看来似乎相当有效，但显然最大的问题是在如此大幅降价之后，持续订单量的情况如何，因为这显然会导致订单激增。此外，在第三季度，我们还将面对全自动驾驶（FSD）转让的影响，这将在9月份后交付的车辆中结束。

Next we've got a quick note on Tesla energy CS energy out of Australia has shared on X a time lapse of their recent mega pack project being installed gives us a nice look at this project which is in total a 200 megawatt hour project this is one that we had talked about previously and as crazy as it seems almost a small scale project for Tesla at this point but fun to see a little bit behind the scenes and this project is scheduled to come online this year.

接下来，我们有一个关于澳大利亚的Tesla能源CS能源的短笔记，他们在X上分享了他们最新的巨型电池项目的时间延迟安装视频，这让我们可以更好地了解这个项目，总共是一个200兆瓦小时的项目。这是我们之前已经谈论过的一个项目，尽管对于特斯拉来说，这似乎是一个小规模的项目，但很有趣可以稍微了解一下幕后情况，这个项目计划在今年上线。

All right next up we've got a couple of reports on legal matters the first is from Tesla Roddy they had an article today talking about how Tesla has been cleared of any wrongdoing in a lawsuit brought by shareholders relating to various workplace allegations important to note though that Tesla has not actually been cleared of any wrongdoing here the judge basically threw the case out for the time being without prejudice which means that the plaintiff can actually refile this case apparently there were some people on the lawsuit that weren't actually impacted during the period of time that was discussed in the lawsuit so that would need to be corrected but they can file an amended complaint within 30 days either way I don't think this ends up being something that is very material to Tesla but just wanted to make that a little bit clearer and then the other report that we've got today is from the Wall Street Journal they continue your report on this issue with Elon's glass house that he supposedly was trying to build we've talked about this a couple of times there have been a number of reports from the Wall Street journal on this with very little new information I might add which again to me seems to be the case today a pretty long article without a lot of new information the headline reads Justice Department probe scrutinizes Elon Musk perks at Tesla going back years so we've already known that they've been investigating what exactly happened with this glass house situation the new part of this I think is covered in the first sentence which says that federal prosecutors are scrutinizing personal benefits Tesla have provided Elon Musk since 2017 longer than previously known as a part of a criminal investigation examining issues including a proposed house for the chief executive so the investigation had been previously reported it seems like they're just adding that it is now going back further than what they previously knew which I guess is good to know if accurate but the materiality of it that probably up for debate the report also says that the US Attorney's office for the southern district of New York has also sought information about transactions between Tesla and other entities connected to the billionaire according to people familiar with the matter I don't know for sure if that had been previously reported or not their wording isn't entirely clear on that but something that is reportedly being looked at now they also note that Tesla is one of several companies that has received questions about executive perks from the Justice Department or the SEC given the history here I think it's unsurprising that they're investigating and looking for something and Elon moves pretty fast I think it's possible that they'd find something that they're not super happy with but we'll have to wait and see what comes of it.

好的，接下来我们有几份有关法律事务的报告，第一份是来自特斯拉罗迪的报告。他们今天发表了一篇文章，谈论特斯拉在一起由股东提起的诉讼中被认定没有违法行为的问题。需要注意的是，特斯拉实际上还没有被确认无错误。法官只是暂时性地驳回了这个案件，不予处理，这意味着原告实际上可以重新提起此案。显然，在这起诉讼中，有一些人并未受到诉讼中所讨论的涉嫌发生期间的影响，因此这些问题需要进行修正，他们可以在30天内提交修改后的控诉书。无论如何，我认为这并不是特斯拉非常重要的问题，但我只是想让这一点更加明确。 然后我们今天收到的另一份报道来自《华尔街日报》，他们继续报告这个问题，关于埃隆试图修建的玻璃房。我们已经多次谈论过这个问题，《华尔街日报》也多次报道，但是我想补充的是，这次报道中并没有太多新的信息。这是一篇非常长的文章，几乎没有什么新信息可以提供。标题写着：美国司法部调查特斯拉CEO埃隆·马斯克自2017年起享受的特权，回溯多年。因此，我们已经知道他们一直在调查这个玻璃房的事情。我认为新的消息在第一句话中得到了介绍，这句话说联邦检察官正在调查自2017年以来特斯拉为首席执行官提供的个人福利，这比之前所知的更长久，作为刑事调查的一部分，还涉及了关于一个为首席执行官提议的房屋的问题。这个调查之前已经被报道过，看起来他们只是补充了知情范围更广了。但我认为这是否重要还有待商榷。该报告还表示，据知情人士透露，美国纽约南部地区的美国律师办公室还就特斯拉与这位亿万富翁有关联的其他实体之间的交易寻求信息。我不能确定这是否之前已经报道过，他们的措辞并不完全清楚，但目前看来是有人在调查这个问题。鉴于这里的历史，我认为调查和寻找一些问题并不令人意外，而埃隆行动很快，我认为有可能他们会找到一些不太满意的事情，但我们还得等待看结果。

All right last couple of things for today couple of reports of Toyota showing off a prototype for new giga casting equipment which would allow them to cast a rear or front third of a car similarly to Tesla this isn't the first time we've heard about these plans for Toyota they have talked about giga casting before for a new EV scheduled for 2026 so still probably a ways out and obviously Toyota timelines may not come to fruition in that way but something that they are working on

好的，今天最后要说的几件事是关于丰田展示新的巨型铸件设备的报告。这个设备可以让他们像特斯拉一样铸造汽车的后部或前部三分之一。对于丰田来说，这不是第一次听说他们计划使用巨型铸件技术。他们之前就曾谈论过巨型铸件技术，计划用于2026年推出的一款新电动汽车。所以可能还需要一段时间，而且丰田的时间表可能无法按照这样的方式实现，但这是他们正在努力研发的一项技术。

and then just a quick check-in on the ongoing UAW strike it had previously been reported that some members of the Biden administration were going to be heading to Detroit to kind of assist with these negotiations just seems a little bit odd but CNBC reporting today that that visit not actually happening though if you read the article it actually says that it is still happening but just happening over zoom instead anyway as the negotiations are ongoing it looks like they are setting up for additional strikes happening on Friday if no agreement is met by then it's also kind of interesting that unions in Canada for these three automakers are also having negotiations right now looked like they were scheduled to strike yesterday then they had a one-day extension we'll see if they're able to reach a negotiation conclusion today that may have a bit of influence on how things unfold in the US

然后，关于进行中的UAW罢工，先进行一次简单的更新，此前曾报道拜登政府的一些成员将前往底特律协助进行谈判。这听起来有点奇怪，但是据CNBC今天报道，这次访问实际上并没有发生，但如果你读了文章，它实际上说这次访问仍然会发生，只是通过Zoom进行。无论如何，谈判仍在进行中，如果在本周五之前没有达成协议，看起来会发生额外的罢工。同时，加拿大的这三家汽车制造商的工会也在进行谈判，他们似乎计划在昨天罢工，但他们延长了一天，我们将看看他们能否在今天达成协议。这可能对美国的情况产生一定的影响。

and then lastly for today Neuralink has announced that they are opening recruitment for their first inhuman clinical trials noting that if you have quadriplegia due to cervical spinal cord injury or ALS you may qualify so if you know someone that may qualify for that you can find the patient registry at Neuralink.com

并且最后，Neuralink宣布他们正在招募首批非人类临床试验的参与者，他们指出，如果你因颈椎脊髓损伤或肌萎缩侧索硬化症而导致四肢瘫痪，你可能有资格参与。如果你认识有可能符合条件的人，请访问Neuralink.com上的患者注册处。

all right that'll wrap it up for today so as always thank you for listening make sure you're subscribed and signed up for notifications also find me on x at tesla podcast

好的，今天就到这里吧，一如既往地感谢你的倾听，请确保你已订阅并开启通知，还可以在x网站上找到我的特斯拉播客。

and we'll see you tomorrow for the Wednesday September 20th episode of tesla daily thank you

明天见，感谢您收听2020年9月20日星期三的特斯拉日报。