TESLA Q1: ONE THING NO ONE IS SAYING, GM'S YEAR OF EXECUTION, TESLA'S HW SITUATION

EV Channels Review

The video critically analyzes Tesla's Q1 2024 delivery numbers, labeling them a "train wreck" and a significant disappointment, down 8% year-over-year. The host attributes the decline to a confluence of factors including the Model 3 update switchover at Fremont, Red Sea disruptions, and the Giga Berlin arson attack, while also acknowledging that Tesla's demand may be softening. The review highlights the opacity of Tesla's operations, particularly regarding inventory and transit vehicles, and criticizes Wall Street's reliance on analyst data. A key point is the potential impact of the Model Y refresh, which requires retooling at four factories compared to two for the Model 3. The FSD (now Supervised) software is discussed, with the host finding version 12.3.2.01 still too hesitant and not worth the $12,000 price tag, suggesting a subscription model is more appealing. The video also touches on GM's struggles with EV scaling, Rivian's production figures, and the evolving regulatory landscape for autonomous vehicles.