Tesla’s Insane 2024 & 2025: Brace for Impact

TL;DR

Tesla is reportedly planning a revamp of its Model Y at its Shanghai factory, with production expected to begin in mid-2024.

Transcript

and in today's episode of obvious things are obvious Tesla reportedly plans a model y revamp at their Shanghai Factory I'm shocked model Y is another major story that we're tracking here this morning the model y reportedly getting a makeover the EV maker is building out a new version of its model Y and its Shanghai plant with production kicking off... Read More

Key Insights

• 🇾🇪 The refresh of the Model Y was expected, following the release of the refreshed Model 3.
• 🤩 Tesla's Shanghai factory is a key location for the production of its vehicles.
• 😨 Tesla faces competition in China from companies like BYD, which may surpass Tesla in electric car sales.
• 😌 The EV market is expected to continue growing, with EVs becoming more affordable compared to internal combustion engine vehicles.
• 🧑‍🏭 Tesla's profitability and growth are factors that contribute to its valuation.
• 💁 Toyota's approach to electric vehicles and its focus on multiple forms of propulsion may hinder its future success compared to Tesla.
• 🇺🇸 The release of the refreshed Model Y in the United States is anticipated to happen after its production in Shanghai.

Questions & Answers

Q: When will Tesla start production of the refreshed Model Y?

Production is expected to begin in mid-2024 at Tesla's Shanghai factory.

Q: Will the refresh of the Model Y also be available in the United States?

Yes, the refreshed Model Y is expected to make its way to the United States after its production in Shanghai.

Q: How does Tesla release new versions of vehicles at different factories?

Tesla does not have a magic upgrade or instant production capability, so new versions of vehicles are released gradually over time.

Q: What other vehicles are included in Tesla's product roadmap?

Tesla's product roadmap includes the Cybertruck, the refreshed Model 3, and the upcoming refresh of the Model Y.

Summary & Key Takeaways

• Tesla is set to revamp its Model Y at its Shanghai factory, with production starting in mid-2024.

• The refresh of the Model Y was expected, following the release of the refreshed Model 3.

• Tesla's product roadmap includes the Cybertruck, the refreshed Model 3, and the upcoming refresh of the Model Y.