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Tesla Daily: Tesla News & Analysis

Energy Leader, Solar, Highland, China Sales, Satisfaction, Texas, Canada (08.22.23)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tech News, Technology, News

4.81.1K Ratings

🗓️ 23 August 2023

⏱️ 12 minutes

🧾️ Download transcript

Summary

➤ Tesla is quietly leading in an under-appreciated market
➤ Tesla reportedly switches up solar strategy
➤ Possible Highland sightings in China
➤ China insured vehicle numbers
➤ Tesla scores highly in customer satisfaction survey
➤ Tesla leases massive space in Texas
➤ Canada and Tesla conversations released
➤ New Yorker publishes article on Elon Musk
➤ Northvolt announces funding

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Twitter: https://www.twitter.com/teslapodcast
Patreon: https://www.patreon.com/tesladailypodcast
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Executive producer Jeremy Cooke
Executive producer Troy Cher asaro
Executive producer Andre/Maria Kent
Executive producer Jessie Chimni
Executive producer Michael Pastrone
Executive producer Richard Del Maestro
Executive producer John Beans
Music by Evan Schaeffer

Disclosure: Rob Maurer is long TSLA stock & derivatives

Transcript

Click on a timestamp to play from that location

0:00.0

Hey, we're going to grab our camera here, and today we've got a couple updates on Tesla

0:10.7

Energy and Solar, news on Tesla in China and Canada, and a few other items as well.

0:16.2

Quickly looking at the stock a little bit quieter today, but still a nice day, up 8-10s

0:19.6

of a percent to close at $233.19, although did fall throughout the day alongside the markets,

0:24.9

the NASDAQ finishing up a little bit less than a tenth of a percent on the day.

0:29.1

Make a reminder that tomorrow after market closed, Nvidia will be reporting their earnings,

0:32.9

which could affect the markets overall.

0:34.3

Alright, we're going to start off today with a couple of updates on Energy Storage.

0:37.7

The first is an exciting report from Shanghai Metal's Market.

0:41.3

They have been tracking worldwide energy storage deployments in the first half of 2023,

0:46.4

which they estimate at just over 72 gigawatt hours for that six month period.

0:50.8

They then break that total down by company, and their estimates put Tesla as the number

0:54.6

one seller of Energy Storage in the world in the first half of this year.

0:58.6

We've got Tesla at just over seven gigawatt hours deployed, which tracks with Tesla's

1:02.0

quarterly reports, which have indicated seven and a half gigawatt hours so far this year,

1:05.4

so at least a good start for the accuracy of the overall report here.

1:09.2

Historically data like this has been difficult to find, so it's nice to see some more efforts

1:13.3

to track this as this becomes a much bigger industry worldwide.

1:17.2

So these figures would suggest that Tesla's got a little bit more than 10% of worldwide

1:21.1

energy storage market share, which in the context of Tesla's EV market share might be

1:25.3

a little bit lower, but in context of overall automotive market share, energy storage would

1:30.0

actually be quite a bit higher.

...

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