NEW PERFORMANCE MODEL 3 INFO, TOYOTA JOINS NACS, TESLA EARNINGS

EV Channels Review

This episode of Tesla Daily provides a comprehensive overview of recent Tesla news, focusing on the Q3 earnings report and its market impact. The host discusses analyst reactions, noting a significant downward revision in earnings forecasts from Morgan Stanley, though price targets remain relatively stable. Key takeaways from Elon Musk's earnings call comments include the completion of a 10,000 GPU cluster for FSD v12 and insights into production downtime aimed at cost reduction and increased output. A significant development is Toyota's announcement to adopt Tesla's North American Charging Standard (NACS) starting in late 2025, with plans to offer adapters, positioning Volkswagen as the last major automaker to adopt the standard. The video also delves into strong indications of a "Ludicrous" performance variant of the Model 3 Highland, supported by new parts catalog entries and spy shots of prototype wheels and spoilers. The departure of a key battery engineer from Maxwell Technologies is noted with mild concern, though its impact is deemed uncertain. The discussion on the "affordable car" and Mexico Gigafactory plans clarifies that these are not paused but are being managed with a more cautious approach due to macro-economic factors and a strategic shift to build the next-gen platform in Texas first. The host expresses disappointment over the lack of reiteration on the 20 million car target and the FSD timeline, impacting Tesla's credibility. Finally, initial thoughts on the new CFO are presented, with a call for patience despite some early concerns.