➀ Tesla's market cap is $1 trillion; ➁ SpaceX/Starlink is valued at $250 billion; ➂ xAI is valued at $50 billion; ➃ X (Twitter) is valued at $41 billion; ➄ The Boring Co. is valued at $7 billion; ➅ Neuralink is valued at $5 billion.

➀ OpenAI considered acquiring Cerebras in 2017 to reduce its reliance on Nvidia; ➁ The deal was shelved due to potential conflicts of interest; ➂ Cerebras is now preparing for an IPO and has raised $715 million.

➀ Ed discusses his efforts to foster relationships with the new US administration, leveraging his past contacts in the semiconductor industry. ➁ He expresses hope to influence Elon Musk and secure favorable trade terms with the US. ➂ Ed mentions his investment in Tesla and Starlink contract as a gesture of commitment to fostering ties with the new administration.

➀ Elon Musk's companies, Tesla and xAI, are investing heavily in AI training hardware; ➁ $10 billion worth of training compute capacity is expected to be online by the end of 2024; ➂ Investments in AI hardware are crucial for staying competitive in the AI industry.

➀ Alphabet and outside investors have invested another $5.6 billion into Waymo, bringing its total funding to $10.85 billion. Waymo operates Robotaxi services in San Francisco, Phoenix, and LA. ➁ Waymo's self-driving car crash rate is the lowest among competitors, while Tesla and GM Cruise face scrutiny. ➂ Autonomous vehicle crashes in California have been increasing, with a rate of 96.65 crashes per 1,000 vehicles in 2022.

1. Tesla's post-earnings surge of 20% recovers most recent losses; 2. Q3 earnings release supports the thesis that the worst is behind the EV leader; 3. The market's skepticism about Tesla's high valuation and autonomous driving ambitions is discussed.

1. The Cybercab, a two-seat, fully autonomous vehicle, was supposed to be the main attraction at Tesla's We, Robot event; 2. Despite Musk's insistence, the Robovan is a concept car with almost no chance of becoming street legal; 3. The article discusses the potential future of autonomous vehicle fleets and the challenges faced by Tesla.

1. Tesla's self-driving technology is facing a critical 12-18 month period due to the rapid scaling of training infrastructure and data access. 2. Without significant progress in the next few years, Tesla's autonomy approach may seem like a dead end. 3. While vertical integration and scale could give Tesla an advantage, the timeline for a general self-driving solution remains uncertain.

➀ Tesla has sent out official tickets to invited guests; ➁ Optimus Gen3, Model 2, and Cybervan are expected to appear together with Robotaxi; ➂ Analysts and institutional investors have lowered expectations.

1. Tesla's 3Q FY2024 deliveries missed expectations, signaling potential muted 3Q earnings and adding pressure on revenue and EPS estimates. 2. Despite the optimism surrounding the Robotaxi event, the stock's recent rally could result in a 'sell the news' reaction after the event. 3. Robotaxi is unlikely to significantly boost long-term growth due to challenges like monetization, competition, and regulatory hurdles. 4. China's stimulus could boost 4Q deliveries, but TSLA faces growing competition from domestic Chinese EV makers. 5. The stock's current valuation reflects an optimistic long-term growth outlook based on Elon Musk's ambitious promises.

➀ Tesla's BEV market share dropped from 19% to 17% in the first five months of 2024; ➁ BYD is just one point behind Tesla at 16%; ➂ The BEV portfolio of legacy automakers like Volkswagen and Geely-Volvo stood at 7 and 8 percent, respectively.

1. Tesla plans to expand the sales of its Full Self-Driving (FSD) software to Europe and China in the first quarter of next year, subject to regulatory approval. 2. The company has announced a roadmap for FSD, including the release of version v13 in October, which will increase the distance traveled autonomously by a factor of six. 3. Tesla's stock price has fluctuated in response to these announcements, reflecting investor optimism and skepticism about the company's autonomous driving ambitions.

➀ Tesla introduces TTPoE for Lossy Fabric, combining iWARP TCP congestion control and RoCEv1 layer-2 forwarding. ➁ Azure Maia 100 targets OpenAI's inference business with high-density deployment and standard Ethernet integration. ➂ Meta MTIA focuses on search, advertising, and promotion with a dense model approach and cost-effective LPDDR5 usage.

➀ Tesla's strategic focus on AI and autonomous driving, including investments in end-to-end algorithms, FSD chips, and Dojo computing, is often underestimated. ➁ The transition from traditional MCUs to centralized chip architectures in EVs enables software-defined vehicle capabilities, which is essential for future innovation. ➂ NIO's recent technological breakthroughs, such as the 5nm Shenqi NX9031 chip and the SkyOS·Tianshu operating system, position it as a significant player in the intelligent EV market.

➀ Tesla's Gigafactory Texas is shown with a large number of Cybertrucks ready for shipment. ➁ The video includes a drone flyover of the factory, showcasing ongoing construction projects. ➂ Tesla aims to reach a weekly production rate of 2,500 Cybertruck units by the end of the year.

➀ Tesla has developed its own FSD (Full Self-Driving) chip and Dojo supercomputer to enhance its autonomous driving capabilities. ➁ NIO has announced the successful tape-out of its 5nm process self-driving chip, the Shenqi NX9031, highlighting its commitment to technological innovation in the automotive sector.

➀ Q2 EV sales increased by nearly 30% q-o-q and 24.2% y-o-y to 3.769 million units. ➁ Battery EV sales reached 2.328 million units, with Tesla seeing a 4.7% decline in sales y-o-y. ➂ Hybrid EV sales were 1.439 million units, showing a YoY growth of 64.2%.

➀ The 4680 battery, a key component for Tesla's cost reduction and new affordable models, faces production challenges. ➁ Tesla's relationship with Panasonic, its primary battery supplier, has deteriorated, leading to Tesla's decision to develop its own batteries. ➂ Despite advancements, the cost of 4680 batteries has not significantly decreased compared to competitors, affecting Tesla's competitive edge in the market.

➀ Tesla is hiring Data Collection Operators to train its humanoid Optimus robot using motion capture technology. ➁ The job requires walking for extended periods, carrying weights, and wearing a VR headset, with height restrictions to match Optimus's projected height. ➂ The training process may require millions of hours of data, potentially costing half a billion dollars, with no guarantee of success.