Tesla Executive Announces Model YL HUGE Success

Market Impact and Sales

🚀 Q: How is the Model Y L performing in China?
A: The Model Y L is a big seller in China, with viral reviews and customers praising its fantastic performance, comfortable seats, space, and easy parking.

📈 Q: What are Deutsche Bank's forecasts for Tesla China's new order flow?
A: Deutsche Bank predicts a 100% month-on-month surge in August to an estimated 130,000 units, primarily driven by the Model Y L launch.

🏭 Q: How is Tesla's Shanghai Gigafactory responding to Model Y L demand?
A: The factory is working overtime to deliver Model Y L cars to customers as fast as possible, with deliveries starting soon.

Technical Specifications and Performance

🦌 Q: What notable performance metric did the Model Y L achieve?
A: The Model Y L achieved the highest recorded moose test result of any vehicle, with a speed of 116 km/h while carrying 6 occupants.

🚗 Q: How does the Model Y L's handling compare to other vehicles?
A: It's considered the best handling car, outperforming even gas cars with heavy front engines that would lose control at similar speeds.

Global Market Strategy

🌍 Q: Which markets can the Model Y L be exported to?
A: Built to global standards, the Model Y L can be exported to Mexico, Asia, and Europe, but not the US due to high import tariffs.

🇩🇪 Q: Where is the Model Y L being tested outside of China?
A: The Model Y L is already being tested and run in Germany at Tesla's Giga Berlin.

Market Trends and Competition

🚙 Q: How is the Model Y L positioned in the Chinese market?
A: It's not a competitor to the standard Model Y, but rather opens a new segment that will significantly increase sales.

📊 Q: What are the recent sales figures for Tesla's Model Y in China?
A: The Model Y saw 10,000 insurance registrations in one week, with 47.9% QoQ sales growth and a 6.7% YoY decline.

Production and Delivery

Q: What is the current delivery status of the Model Y L?
A: Deliveries are starting soon, with the Shanghai Gigafactory working overtime to meet demand.

Market Impact and Performance

🚀 Tesla's Model Y L six-seater is a breakout hit in China, with orders surging and production running overtime at Shanghai Gigafactory, potentially becoming a global bestseller.

🏆 The Model Y L achieved the highest recorded moose test result of any vehicle, passing at 116 km/h with six occupants, showcasing Tesla's superior engineering.

📈 Deutsche Bank forecasts a 100% month-on-month surge in Tesla China's new order flow in August to an estimated 130,000 units, primarily driven by the Model Y L launch.

Product Features and Market Positioning

🚗 Model Y L creates a new six-seater segment in the Chinese market, offering higher margins than the standard Model Y and strong competitiveness against other brands.

🌍 Built to global standards, the Model Y L could be exported to Mexico, Europe, and Asia, but likely not to the US due to prohibitive import tariffs on Chinese-made automobiles.

🎤 The Model Y's success in China is attributed to features like voice integration from any seat, fan on the center console, and phone charging, which are standard in Chinese premium vehicles.

Sales and Production

📊 Tesla's Model Y is gaining traction in China with 10,000 insurance registrations in one week, 47.9% quarter-over-quarter growth, and a 6.7% year-over-year decline in sales.

🏭 Shanghai Gigafactory is working overtime to deliver Model Y L cars to customers as quickly as possible, with deliveries starting soon.

Cybertruck Insights

🇰🇷 Tesla's Cybertruck is launching in Korea as its first international market outside North America, expected to make a significant impact on social media and entertainment.

💰 Cybertruck's low sales are attributed to its high price of $100,000+, which is not competitive in the market.

🔬 Cybertruck serves as a test bed for new technologies like 48vt architecture, steer by wire, air suspension, and paintless design, which will be used in future Tesla models.

📉 Tesla may not prioritize high sales numbers for the Cybertruck, as their focus is shifting to autonomous driving and robo taxi technology.

• 00:00 🚗 Tesla's new 6-seater Model YL is a huge success in China, acing safety tests and potentially paving the way for global exports.
  • Tesla's new Model YL is a huge success in China, with surging orders and production, and has also aced safety tests, potentially paving the way for global exports.
  • Tesla China Vice President confirms the new 6-seater Model YL, built to global standards, will soon be delivered to customers, with Shanghai Gigafactory working overtime to meet demand.
  • The Model YL meets Tesla's high global standards, is built to the same rigorous quality as other Teslas, and could be exported to various countries outside of the US.
  • Tesla's Model Y is a huge success, particularly in China, and is expected to be released in the US, despite high import tariffs, with many believing it will be a hot seller there.
  • The Tesla Model YL achieved the highest recorded moose test result of any vehicle, successfully passing the test at 116 km/h with six occupants on board.
  • The speaker notes that cones on a test course are offset by a distance that allows safe lane changes, with the goal of centering the vehicle in the new lane.
• 05:59 🚗 Tesla's new Model YL is a huge success, doubling sales without cannibalizing existing models, and creating a new segment with its unique features.
  • Tesla's Model Y performed remarkably well in a test that no car has ever passed at that speed, a testament to the company's engineering.
  • The Model Y is a huge success with good reviews, offering improved features such as more comfortable seats, more space, and additional bells and whistles compared to the Model Y.
  • Tesla's new Model YL, with features like a six-seater option, has created a new segment and is expected to double sales, without cannibalizing the existing Model Y.
  • The Model Y Long Range (YL) is a huge success, increasing total sales without cannibalizing Model 3 sales, as it attracts different customers and likely has a higher margin.
• 10:14 🚀 Tesla's new Model YL expected to boost orders by 100% to 130,000 units in August, sparking debate on its long-term success.
  • Deutsche Bank expects Tesla China's new order flow in August to surge 100% month-over-month to 130,000 units, primarily driven by the launch of the new Model Y L.
  • Tesla China's new order flow is projected to surge 100% month-to-month to an estimated 130,000 units following the launch of the six-seater Model YL on August 19th.
  • The speaker questions whether the Model Y's success is a temporary phenomenon or an indicator of something significant.
• 13:25 🚗 Tesla's Model Y is a huge success, driven by global market trend of preferring bigger cars, and the company remains a prestige brand in China with a focus on essential features.
  • Xiaomi's SU7 and YU7 have solid numbers, proving the market's demand and contradicting claims that their success is temporary.
  • The global market trend is shifting towards preferring bigger cars, with even traditionally small-car markets like China and Italy seeing increased demand for larger vehicles like SUVs.
  • Tesla remains a prestige brand in China, previously held back by lacking certain standard features now being added.
  • Tesla's approach is to create a great car with essential features, unlike Chinese competitors who add excessive features to differentiate themselves, often resulting in unnecessary complexity and cost.
• 17:41 🚀 Tesla's Model Y is a huge success, but temporary dip in sales won't impact company's autonomy features investment thesis.
  • Tesla's Model Y production transition caused a temporary dip in sales, but the company is expected to improve and is on the cusp of something new and exciting.
  • The Model Y's success won't impact the speaker's investment thesis on Tesla's autonomy features, such as robo-taxi, which will revolutionize the world.
• 20:23 🚗 Tesla announces Model YL's huge success, stable Model Y sales, and concerns about Model 3's future, while Cybertruck set to launch in Korea.
  • Model Y sales remain stable at 8,000 units, while Model 3 sales dip possibly due to consumers preferring newer models, sparking concerns about the future of sedans in China.
  • The new Model Y at Giga Berlin has reached its 100,000th unit, with a production rate of 500 to 1,000 cars per week, which is lower than expected.
  • Tesla Cybertruck's launch in Korea is expected to be huge, with the car likely to flood social media, appear in music videos, TV shows, and movies within months.
  • The Model YL is a huge success, despite being expensive.
• 24:26 🚗 Tesla announces Model Y's huge success, with reasonable pricing in South Korea, and shares insights on Cybertruck's role in testing new technologies.
  • Tesla's Model Y is priced at $104,000 and $114,000 in South Korea, which is considered reasonable when factoring in export and import costs.
  • The Cybertruck was a test bed for new technologies, such as 48-volt architecture and steer-by-wire, at low volume, allowing Tesla to work out kinks before applying them to future models.
• 26:48 🚗 Tesla executive discusses Model Y success and addresses concerns about Cybertruck sales, citing high prices and technical kinks as factors.
  • The Cybertruck is not a failure, with sales potentially increasing as costs decrease and public perception of Elon Musk improves.
  • Tesla's low sales of certain models, such as Cybertruck, are partly due to their high price and the company's strategy to test new technologies in lower-volume vehicles to work out kinks before scaling up.
  • Tesla's delay in introducing a lower-priced Model Y variant was likely due to working out technical kinks, and similarly, the company's approach with the Cybertruck and future autonomy-focused products may be driven by new goals and objectives.
  • A Tesla executive praises a retail analyst and invites viewers to check out their and his websites, FutureAza and herbertong.com, for Tesla investment resources.

WatchUrl: https://www.youtube.com/watch?v=CoOnpVRc0XI