JONAS "BULL CASE", FIRMWARE 2019.40.2, MORE SOLAR ROOF NEWS, GM & LG BATTERY FACTORY

EV Channels Review

This episode of Tesla Daily covers a range of industry news, with a significant focus on an updated analyst note from Adam Jonas of Morgan Stanley. Jonas raised his bull case price target for Tesla to $500 per share, though his projections for Cybertruck sales by 2024 were deemed conservative by the host. Conversely, Jonas expressed optimism for Tesla's Shanghai Gigafactory, predicting a production rate of 450,000 units annually by 2024/2025, a figure the host found more reasonable. The host, however, disagrees with Jonas's longer-term caution on Tesla, believing the company's technological differentiation will become more pronounced. Demand concerns for the Model Y and its potential impact on Model 3 sales are highlighted as lingering issues. The episode also details new features in Tesla's 2019.40.2 firmware, including adjacent lane speed reduction and stop sign warnings for Autosteer. Updates on Tesla's Solar Roof installation hiring and a rumored V4 development are mentioned. Finally, the review touches on the Unsworth v. Musk trial, a software update for the Jaguar I-PACE improving range by 8%, and a new GM/LG Chem battery factory joint venture in Ohio.