Tesla's stocks is going to rise in trillions innthe coming years and if they manage to either get closer in the market cap to China EV or beat them I won't be surprised
Electrified: The Latest Updates on Tesla, Giga Mexico, and the EV Industry
Giga Mexico in Limbo, but Mexico Seeks Clarity from Elon Musk
Despite Tesla's apparent hesitation, the Mexican government is determined to revive plans for Giga Mexico in Nuevo León. The country's economic minister has stated that they will soon set up a meeting with Elon Musk to understand Tesla's plans and see how the project can move forward.
There has been speculation that Tesla may shift the factory to the United States under a Trump presidency, given the former president's threats of imposing tariffs of up to 200% on auto imports from Mexico. However, Elon Musk's previous statements indicate that Tesla is committed to building the factory in Mexico, though the timing may depend on the economy and interest rates.
The reality is that Elon Musk may not have a definitive plan for Giga Mexico until the new administration's policies on tariffs become clear. If the factory is taken off the table due to import tariffs, Tesla may opt to move the production to the United States instead.
Potential Battery Upgrades for Entry-Level Tesla Models
Tesla may be preparing to upgrade the battery pack for the entry-level Model 3 and possibly the Model Y. The new battery pack, called the 6M or E1A, is expected to have a 4% capacity increase from the current 60 kWh pack, reaching 62.5 kWh.
This battery pack could initially be introduced on the 2025.5 Model 3 rear-wheel-drive variant, potentially launching as soon as mid-November in Europe. The WLTP range is expected to increase by about 4 miles, and the pack is expected to weigh 2.2 lbs less.
Importantly, there is speculation that this new battery pack could feature 4C charging rates, which would significantly improve the peak charging power from the current 170 kW to around 250 kW. However, this is not a guarantee, and the battery pack may only be available for Tesla vehicles outside the US due to eligibility requirements for the Inflation Reduction Act (IRA) tax credits.
Significant Battery Storage Project in Australia
Battery storage developer EQ Energy has closed a financial deal for a 500 MWh battery storage project in Canberra, Australia. The 2-hour duration battery storage project will use Tesla's Megapacks and connect to the Evoenergy electricity distribution network.
The project is expected to be operational in 2026, and construction has already begun. Unlike most Tesla battery storage deals, which typically use the 4-hour Megapacks, this project will utilize the 2-hour Megapacks, which have a power output of 1.9 MW, nearly twice as fast as the standard 4-hour version.
The unique aspect of this project is that the Australian Capital Territory government will receive a 50% share of the net revenue, highlighting the financial flexibility and capital structuring of these battery storage projects.
Cybertruck Delivery Day in Vancouver, X Pang's New Humanoid Robot, and Nissan's Struggles
Tesla is currently hosting Cybertruck delivery day in Vancouver, Canada. Meanwhile, Chinese automaker X Pang has unveiled a new humanoid robot called "Iron," which is powered by the company's proprietary Turing AI chip and can perform various autonomous tasks.
In the legacy automaker space, Nissan is facing a tough situation, announcing plans to lay off 9,000 employees, cut production capacity, and sell a third of its stake in Mitsubishi. The company is moving into "emergency recovery mode" after posting a net loss in the latest quarter and downgrading its full-year sales and operating profit outlooks.
The challenges faced by Nissan highlight the financial pain that some legacy automakers are experiencing, as they struggle to transition to electric vehicles and compete with the likes of Tesla and other EV startups.
Conclusion
The EV industry continues to evolve rapidly, with developments in battery technology, battery storage projects, and the ongoing challenges faced by legacy automakers. As the landscape shifts, it will be crucial to closely monitor the strategies and decisions of key players like Tesla, Lucid, Rivian, and Nissan to understand the future direction of the industry.
Tesla's stocks is going to rise in trillions innthe coming years and if they manage to either get closer in the market cap to China EV or beat them I won't be surprised
Part 1/7:
Electrified: The Latest Updates on Tesla, Giga Mexico, and the EV Industry
Giga Mexico in Limbo, but Mexico Seeks Clarity from Elon Musk
Despite Tesla's apparent hesitation, the Mexican government is determined to revive plans for Giga Mexico in Nuevo León. The country's economic minister has stated that they will soon set up a meeting with Elon Musk to understand Tesla's plans and see how the project can move forward.
Part 2/7:
There has been speculation that Tesla may shift the factory to the United States under a Trump presidency, given the former president's threats of imposing tariffs of up to 200% on auto imports from Mexico. However, Elon Musk's previous statements indicate that Tesla is committed to building the factory in Mexico, though the timing may depend on the economy and interest rates.
The reality is that Elon Musk may not have a definitive plan for Giga Mexico until the new administration's policies on tariffs become clear. If the factory is taken off the table due to import tariffs, Tesla may opt to move the production to the United States instead.
Potential Battery Upgrades for Entry-Level Tesla Models
Part 3/7:
Tesla may be preparing to upgrade the battery pack for the entry-level Model 3 and possibly the Model Y. The new battery pack, called the 6M or E1A, is expected to have a 4% capacity increase from the current 60 kWh pack, reaching 62.5 kWh.
This battery pack could initially be introduced on the 2025.5 Model 3 rear-wheel-drive variant, potentially launching as soon as mid-November in Europe. The WLTP range is expected to increase by about 4 miles, and the pack is expected to weigh 2.2 lbs less.
Part 4/7:
Importantly, there is speculation that this new battery pack could feature 4C charging rates, which would significantly improve the peak charging power from the current 170 kW to around 250 kW. However, this is not a guarantee, and the battery pack may only be available for Tesla vehicles outside the US due to eligibility requirements for the Inflation Reduction Act (IRA) tax credits.
Significant Battery Storage Project in Australia
Battery storage developer EQ Energy has closed a financial deal for a 500 MWh battery storage project in Canberra, Australia. The 2-hour duration battery storage project will use Tesla's Megapacks and connect to the Evoenergy electricity distribution network.
Part 5/7:
The project is expected to be operational in 2026, and construction has already begun. Unlike most Tesla battery storage deals, which typically use the 4-hour Megapacks, this project will utilize the 2-hour Megapacks, which have a power output of 1.9 MW, nearly twice as fast as the standard 4-hour version.
The unique aspect of this project is that the Australian Capital Territory government will receive a 50% share of the net revenue, highlighting the financial flexibility and capital structuring of these battery storage projects.
Cybertruck Delivery Day in Vancouver, X Pang's New Humanoid Robot, and Nissan's Struggles
Part 6/7:
Tesla is currently hosting Cybertruck delivery day in Vancouver, Canada. Meanwhile, Chinese automaker X Pang has unveiled a new humanoid robot called "Iron," which is powered by the company's proprietary Turing AI chip and can perform various autonomous tasks.
In the legacy automaker space, Nissan is facing a tough situation, announcing plans to lay off 9,000 employees, cut production capacity, and sell a third of its stake in Mitsubishi. The company is moving into "emergency recovery mode" after posting a net loss in the latest quarter and downgrading its full-year sales and operating profit outlooks.
Part 7/7:
The challenges faced by Nissan highlight the financial pain that some legacy automakers are experiencing, as they struggle to transition to electric vehicles and compete with the likes of Tesla and other EV startups.
Conclusion
The EV industry continues to evolve rapidly, with developments in battery technology, battery storage projects, and the ongoing challenges faced by legacy automakers. As the landscape shifts, it will be crucial to closely monitor the strategies and decisions of key players like Tesla, Lucid, Rivian, and Nissan to understand the future direction of the industry.