TESLA CHINA SALES DISAPPOINT? NEW STREET-HIGH TSLA PRICE TARGET, FEATURE UPDATES

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The Tesla Daily podcast discusses November's China sales figures, which, while not necessarily bad, fell slightly below expectations, impacting projected production numbers. The host expresses disappointment not with the absolute sales volume, but with the implication of lower production than anticipated, potentially falling short of the 300,000 unit quarterly target. Despite this, a new street-high price target of $1,580 for TSLA from New Street Research is highlighted, reflecting optimism about upcoming factory expansions and price increases. The episode also touches on potential hardware updates for the Model 3 and Model Y, including a new infotainment computer and battery, and notes improved charging capabilities for the Model S Plaid. Tesla Energy's Victorian Big Battery project is now operational, and the US federal EV tax credit situation is under review. A teaser from Tesla China for December 10th is discussed, with the host strongly dismissing speculation about a cheaper model, suggesting it's unlikely given current production ramp-ups.