SHOULD TESLA INVESTORS BE UPSET? OVERLOOKED TESLA CATALYST, CRACKS AT TOYOTA

EV Channels Review

The host addresses investor concerns regarding Elon Musk's decision to reassign Tesla software engineers to Twitter, arguing it's a "nothing burger" due to the engineers' potential part-time involvement and Tesla's history of inter-company resource sharing. The review highlights overlooked Tesla catalysts for 2023, specifically the positive gross margins in energy and services segments, while noting the volatility in Tesla Energy. The FSD Beta .3 release notes are briefly mentioned. The video contrasts Tesla's EV cost curve predictions with current market offerings and emphasizes the total cost of ownership advantage for EVs in fleet operations. It also touches on Tesla's safety record and the rapid advancement of AI and compute power. A significant portion is dedicated to Toyota's declining financials, showing that despite delivering far more vehicles, Toyota's operating profit is comparable to Tesla's, suggesting underlying issues for the legacy automaker. Finally, updates on the Cybertruck production timeline, Hummer EV's slow ramp-up, and Rivian's Max Pack delivery delay are covered.