TESLA STOCK SPLIT IS OFFICIAL + SHAREHOLDER MEETING TAKEAWAYS

EV Channels Review

The Tesla Daily podcast covers the official announcement of Tesla's stock split, detailing the August 17th record date and August 25th split-adjusted trading start, mirroring the 2020 split structure. The episode highlights key takeaways from the shareholder meeting, including Elon Musk's positive demeanor and the potential for a future stock buyback. Production targets for the year are reiterated at 1.5 million vehicles, with a significant long-term goal of 100 million cars produced by 2032. Factory expansion plans suggest a new announcement this year, aiming for 10-12 factories globally. FSD Beta continues to progress, with a North American wide release anticipated by year-end. The Cybertruck's price is expected to increase, and the Model Y is projected to be the best-selling car globally by revenue in 2022 and volume in 2023. The 4680 battery production is nearing high volume, and Supercharger V4 is anticipated next year. The episode also touches on EV tax credit updates, China's July sales figures, and Elon Musk's ongoing legal battle with Twitter, including his fraud accusations against the company. Several shareholder proposals did not pass, but a proposal allowing a shareholder group to nominate board members did pass, provided they hold 3% of shares for three years.