WAIT TO BUY NEW TESLA MODEL 3 AND Y | IT'S COMING BACK

EV Channels Review

This video provides a comprehensive overview of recent Tesla developments and strategic considerations for potential buyers. A key takeaway is the advice to "wait" before purchasing a new Model 3 or Y, primarily due to the evolving tax credit situation and upcoming battery technology. The Model 3 currently doesn't qualify for the federal tax credit due to battery sourcing rules, while the Model Y does. The report highlights Tesla's significant investment in expanding its battery production capabilities, including a new LFP cell factory in Nevada, which could eventually enable the Model 3 to regain tax credit eligibility. The video also touches on Tesla's substantial investment in its Dojo supercomputer, acknowledging it as a "long shot" but a worthwhile endeavor for AI development. Furthermore, it addresses the increasing competition from Chinese automakers like BYD, noting Tesla's realistic assessment of their global impact and the potential need for price adjustments or new affordable models. Finally, brief updates on Rivian's upcoming R2 and Acura's ZDX are included. The overall sentiment suggests that while Tesla remains a dominant force, strategic patience is advised for buyers due to upcoming changes and intensifying market competition.