TESLA HIRING FOR AR, VR / THIS IS DELAYING EV ADOPTION / WHEN EVS TAKE OVER - CATHIE WOOD

EV Channels Review

This episode of Electrified delves into several key developments within the EV landscape, with a significant focus on Tesla. The host highlights recent Tesla software updates, including improvements to the Cybertruck's ride and handling, and more efficient charging for both the Cybertruck and Model Y with 4680 cells. A notable software enhancement is the introduction of Ultra Wideband support for phone key functionality on select models, enhancing user experience. The video also touches upon Tesla's internal use of AR/VR technology for training the Optimus robot and for factory applications, clarifying that these are not consumer products. Other topics include the expansion of Giga Nevada for Semi production, Tesla's strong free cash flow, the availability of vehicle wraps for Cybertruck, Model 3, and Model Y, and Tesla China's January sales figures. The review also addresses the challenges dealers face with EV sales and battery health assessment, GM's hiring of a former Tesla battery executive, and Rivian's temporary pause on Canadian deliveries due to software issues. Cathie Wood expresses strong confidence in Tesla's future, predicting significant growth driven by robo-taxis, with a target price of $2,000.