Tesla Bot Update, Tax Credit Changes, Autopilot Resolution, Musk’s University

 The Federal Reserve is considering rate cuts, Tesla is introducing new hardware for their bot and addressing tax credit updates, and Elon Musk is starting a school in Texas that will eventually become a university

Questions to inspire discussion 

• What is the Federal Reserve considering?

  —The Federal Reserve is considering rate cuts due to recent indicators suggesting a slowdown in economic activity, leading to a greater chance of declining interest rates.

• What updates did Tesla introduce?

  —Tesla introduced new hardware for their bot, with significant progress on their lifelike human-like robot, showcasing improved walk speed, dexterity, and the ability to handle an egg.

• What changes are happening with the EV tax credit?

  —The federal $7,500 EV tax credit for certain Tesla models will end after December 31st, prompting potential buyers to order before then and expecting an update to the Model 3 lineup.

• What is the promotion for Uber drivers from Tesla?

  —Tesla and Uber are offering up to $3,000 off for Uber drivers who buy a new Tesla vehicle before the end of the year, with different discount amounts based on their status as a driver.

• What is Elon Musk's new venture in Texas?

  —Elon Musk is founding a school in Texas that will start as a primary and secondary school and eventually expand into a university, with aspirations of doing world-class research and developing intellectual property.

Key Insights

• 🚗 Tesla bot update and EV tax credit changes are causing a lot of buzz in the Tesla community.
• 🤖 Tesla is introducing the Next Generation hardware for the Tesla bot, showcasing new capabilities and advancements in robotics technology.
• 🤖 The progress that Tesla has made with the lifelike Tesla bot is night and day in a very short period of time.
• 🚀 The potential value of the Tesla bot in the future is underappreciated and should be discussed.
• 💰 Significant changes in how the structure works for Tesla's lineup will take effect in the new year, and Tesla has been waiting to get clarified guidance on how they will be impacted.
• 💰 The federal $7,500 EV tax credit will end entirely for model 3 rear wheel drive and long range delivered after December 31st, incentivizing early orders.
• 🔌 Best Western's partnership with Tesla to add Universal Wall Connectors at selected hotels across North America will offer much greater access to charging for Tesla vehicles and third parties.
• 🚚 The Tesla Cybertruck has almost double the best case performance in terms of volume capability compared to other EV trucks like the Rivian R1T, E Hummer, and Ford F-150 Lightning.
• 🏫 Elon Musk's foundation in Texas aims to start as a primary school and eventually expand into a full university, with aspirations of doing world-class research and developing intellectual property. 

#Tesla #Optimus #MuskUniversity

Clips 

• 00:00 🚀 The Federal Reserve is considering rate cuts due to slowed economic activity and elevated inflation, with expectations for rate cuts in 2024 increasing to 85%.
  • Tesla bot update, EV tax credit changes, and Tesla stock performance discussed, with a focus on the fomc meeting statement.
  • Recent indicators suggest that economic activity has slowed, leading to a greater chance of declining interest rates, which the market prefers.
  • Inflation has eased but remains elevated, indicating a likelihood of rate cuts, with the Fed considering strong growth, labor market conditions, and inflation progress.
  • The Federal Reserve released their summary of economic projections, including interest rate expectations from each Committee Member by year, showing a shift in rate increases.
  • Expectations for rate cuts in 2024 have increased to 85% following the latest fomc meeting and PPI report.
• 04:14 🚀 Tesla introduces new hardware for their bot, showcasing significant progress with lifelike features and improved capabilities, along with updates on tax credits, Autopilot resolution, and Elon Musk's university plans.
  • The FED is happy with the current state of things and the market likes it, while Tesla introduces new hardware for their bot.
  • The Tesla bot has a new design with added features and smoother actuation, bringing it closer to production.
  • Tesla has made significant progress with their lifelike human-like robot, showcasing improved walk speed, dexterity, and the ability to handle an egg, with a hint of an upcoming Easter egg and a callback to the original unveiling.
  • The progress on the Tesla bot is significant and should be appreciated for its potential future value.
  • Tesla's latest update on the Wild Tesla Bot, changes to tax credits, Autopilot resolution, and Elon Musk's university plans.
• 08:50 🚗 Tesla bot and tax credit updates, frustration over changing guidance, $7,500 EV tax credit for model 3 ending after December 31st, potential changes to Model 3 lineup in response.
  • Updates on the Tesla bot and tax credit changes, with frustration over the changing interpretations and guidance.
  • The federal $7,500 EV tax credit for model 3 rear wheel drive and long range will end after December 31st, prompting potential buyers to order before then and expecting an update to the Highland model 3 at Freemont in q1.
  • Tesla may make changes to the Model 3 lineup in response to tax credit changes, particularly with the introduction of the Highland model.
• 11:52 🚗 Tesla's tax credit situation is uncertain, with potential reductions after December 31st, and they are offering discounts to Uber drivers, while Best Western is adding Tesla Universal Wall Connectors at selected hotels.
  • Tesla's tax credit situation is still unclear, with potential reductions after December 31st, and uncertainty about the eligibility of the Model Y for the full tax credit.
  • Tesla and Uber are offering up to $3,000 off for Uber drivers who buy a new Tesla vehicle before the end of the year, with different discount amounts based on their status as a driver.
  • Tesla is offering a promotion for Uber drivers to complete 100 trips by February 15th in order to receive a $3,000 credit, in addition to inventory discounts and tax credits.
  • Best Western is adding Tesla Universal Wall Connectors at selected hotels across North America, offering greater access to charging for Tesla vehicles and third parties, similar to the announcement from Hilton in September.
• 15:50 🚀 Tesla's progress with Giga Texas and Cybertruck, including land use change in Giga Mexico, car review channel, and load capacity comparison with other EV trucks.
  • Pressure is increasing as Tesla receives authorization for land use change at Giga Mexico, allowing them to start their plant.
  • Tesla has made progress with the Gigafactory in Texas, with 23 cyber trucks spotted and a review of the cybertruck now available.
  • Giga Texas car review channel shows Cybertruck's exterior strength and interior space, addressing concerns about potential sharpness.
  • Comparison of load capacity for Tesla Cybertruck versus other EV trucks, with minor issues noted such as difficulty getting into the vehicle and dirty rear camera.
• 19:26 🚗 Tesla is addressing autopilot issues with a resolution expected soon, including additional controls and monitoring checks, but there are concerns about potential overbearing monitoring requirements.
  • The speaker discusses a positive review of the Cybertruck and an over-the-air update that is reported as a recall due to an ongoing investigation into autopilot by Nitsa.
  • Tesla is addressing potential issues with autopilot and collisions, with a resolution expected soon.
  • Tesla is implementing additional controls for Auto steer to prevent driver misuse and increase user interface alerts and checks for sustained driving responsibility.
  • The update will increase monitoring checks for autopilot users, which some find annoying and unnecessary due to the effectiveness of eye monitoring.
  • Tesla and Nitsa have come to an agreement on the resolution of the ey tracking requirement, with Tesla voluntarily administering a recall and providing a remedy, but there are concerns about potential overbearing monitoring requirements.
• 24:06 🚀 Elon Musk is starting a school in Texas that will eventually become a university, with plans for world-class research and intellectual property development, and funding of $15 million for the next few years.
  • Elon Musk is founding a school in Texas that will start as a primary and secondary school and eventually expand into a university, with aspirations of doing world-class research and developing intellectual property.
  • Funding amounts for the next couple of years are expected to be around $15 million, and the entity had to fill out the form within 27 months of its formation.
  • Elon Musk is in the process of forming a new university, with the name still to be determined, and it seems to be close to happening with a student body lined up for the next year.
• 27:01 🚀 Tesla is launching a university with 50 scholarship students, and there's a lot of news to cover.

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