AD #4127 - Most of Tesla's Value Tied to Optimus Robot; Foxconn Still Plans U.S. EV Assembly; Cyber Attack Hits JLR Hard
0:00
9:56
LIVE
Speaker 1: This is Autoline Daily, the show dedicated to enthusiasts of the local automotive industry. Tesla's car sales and earnings have
stopped growing, which threatens the stock's trillion dollar valuation, which trades at more than one hundred and seventy times earnings.
But Elon Mussa's don't worry. Eighty percent of the company's
valuation will now come from its optimist robots.
Speaker 2: It's all part of the company's.
Speaker 1: Master Plan Part four, which was partly unveiled on x.
Must calls this part of the plan sustainable abundance, which is a world in which Tesla makes evs, supercharger networks, solar energy panels and storage robots, robotaxis, electric semis, and artificial intelligence with all its products, Must says Tesla is bringing AI into the physical world. It is an impressive
vision of the future and it comes on the coattails of some better news for Tesla. Sales of the Model
Ye rocketed up eighty six percent, as Tesla became the second best selling car brand in Turkey last month, only behind Renault and moving past Volkswagen, Toyota and Hyundai. Turkey
has very generous EV subsidies where evs have hit twenty percent market share. There are very few independent mass production
automotive assembly plants in the world. There was the Carmen
plant in Germany that made cars for Volkswagen, BMW, Chrysler and Mercedes before it went bankrupt in twenty ten. Bertone
even made Volvos in Italy for a time. There's the
Styr plant in Austria that's owned by Magna, which has built vehicles for Mercedes, Toyota, BMW, and Jaguar. And then
there's the Velmet plant in Finland that made cars for Mercedes, sab Portia, and Fisker. But Vellmet will no longer make
passenger cars because it's pivoting to make military equipment instead.
As European countries ramp up their military spending in the face of threats from Russia, Velmet sees more opportunity in doing defense work than making cars. Even though Fox consold
its plant in Lordstown, Ohio, a month ago, it still plans to make evs in the US. Bringing the Model
c to the US this year remains part of its strategy, and the company set A version of that crossover is currently undergoing US certification at first, the Model C will be made in Taiwan and then shipped to the US, but fox Con says it quote will continue to seek a suitable site for US production, although we think it's unlikely that it goes back to Lordstown.
Speaker 3: The automotive and industrial sectors are undergoing a historic transformation electrification, digitalization, supply chain reinvention, regulatory shifts. The pace is accelerating and
the pressure to adapt is real. This is not a
time for hesitation. It's a time for bold decisions backed
by fast, effective execution. You need a partner who understands
complexity from factory floors to boardrooms and delivers measurable results.
That partner is Alex Partners when it really.
Speaker 1: Matters, Nissan is scaling back its EV plans in the US.
The automaker was aiming to sell two hundred thousand evs a year in twenty twenty eight, but it's told suppliers to temporarily pause work on EV programs while it reevaluates the market. Automotive News reports that Nissan needs to re
engineer its electric crossovers to be more cost competitive because sales volumes are expected to be lower, and two electric SUVs that are supposed to debut in twenty twenty eight, and twenty twenty nine are now under review. Nissan plan
to invest five hundred million dollars at its plant in Mississippi to transform it into an EV manufacturing hub, but now it plans to build five new body on frame vehicles at the plant starting in twenty twenty eight. BMW's
motorcycle division created a pretty wild concept that basically looks like a scooter with a roll.
Speaker 2: Cage on it.
Speaker 1: But that rollcage, in combination with a high back seat in seat belt means that riders don't have to wear protective clothing or a helmet, which is a requirement in the EU and UK. The Vision ce concept can also
completely balance itself while stationary, although that piece of tech is older. I first remember Honda showing it off at
CEES in twenty seventeen. Right now, BMW just calls this
a forward looking concept and it will make its debut this month at the Munich Auto Show. Things are going
great for the McLaren Formula One team. It's going to
win the Constructor's title for the second straight year and its drivers are one two in the standings and now McLaren is being valued at more than four billion dollars in a stake sale. The owners of McLaren Group Limited
are buying out the thirty percent stake held by MSP Sports Capital, which brought into McLaren in twenty twenty for seven hundred and fifty million dollars.
Speaker 2: Asked and Martin f One is also in.
Speaker 1: Talks for a stake sale and is valued at about three point two billion dollars. Jaguar land Rover revealed it
was hit with a cyber attack. The company says its
global retail and production operations have been quote severely disrupted, and that it's working to restart its operations in a controlled manner. JLR says there isn't any evidence that customer
data has been stolen, but it didn't provide any other details.
Last week, we asked our YouTube and Patreon members who they think is taking the right approach to ROBOTAXI deployment, Weaimo or Tesla, and who.
Speaker 2: Will be the winner.
Speaker 1: Sixty two percent voted in favor of Weimo, while thirty three percent like Tesla's approach, but five percent didn't like either.
Most people that voted for Weimo said Tesla seemed less safe.
Tim Jackson wrote, I'm a total believer in Weimo and Weimo's approach to autonomous drive technology utilizing lightar, radar and cameras. Personally,
I think going with cameras only as is Tesla's approach is shortsighted and even dangerous. Scott Stevenson kind of echoed
those words.
Speaker 2: Here's a simple question.
Speaker 1: Wouldn't you rather have a self driving car that can see more than you Wouldn't you like a car that can see in the dark, a car that can see through fog. That's Waimo folks, not Tesla, but those that
like Tesla mostly think its approach is better suited for autonomy.
Irvin Wright says Tesla's approach is to teach a compute to actually think like a human and make on the spot decisions like a human driver. Once it surpasses human capabilities,
which it eventually will, it.
Speaker 2: Will scale as fast as Tesla can provide the robotaxis.
Speaker 1: And Barry Rector follows up with quote, I voted for Tesla, hate Tesla, but I think computer driven vehicles will make a better candidate for self driving. I will say, based
on the comments, it looks like a number of people still confuse the FSD system that you can get in any Tesla with the company's robotaxi efforts, but there are big differences, and I wish Tesla did a better job.
Speaker 2: Of making that distinction. But thanks for all your comments.
Speaker 1: It's always interesting reading the varying opinions. Do you have
a car that's fun to drive? Have you ever really
wanted to see what that car can do but didn't have the place or the confidence to really put the pedal to the metal. Then be sure to tune into
Autoline appter than for ours this Thursday, because that's what the show is going to be all about.
Speaker 2: And that's a wrap for this show.
Speaker 1: Thank you for making autoline part of your day.
Speaker 4: Auto Line Daily is brought to you by alex Partners.
When it really matters CSP, the Composites Solution Partner, Intrepid Control Systems, Over the Air Engineering boost your game and thanks to the following YouTube and Patreon members.
Speaker 5: Developing today's vehicles issues can happen in an instant. What
good is knowing your problems without the data to solve them.
Meet Wireless Neovia Cloud, your secure off the shelf solution empowering real time collaboration for quick resolution. With wireless neovi Cloud,
your team can prevent issues before they can escalate. Driver
communication data and remote diagnostics to analyze and resolve your problems using OTA, allowing your executives to oversight throughout the process.
Wireless nearvi Cloud your vehicle update solution in production and on the road intrepid control systems driven by your data.
Speaker 4: At CSP, we work with OEM engineers across the country on their journeys to lighter, safer, and more eco friendly vehicles.
Learn more at THECSP dot com
0:00
9:56