1/ For those wanting extreme granularity for , using @TroyTeslike's Model Y survey and @snowbullcapital's data, here’s a thread of some of the Model Y data thus far (up to VIN 47k).
2/ The most common Model Y trim is the Long Range AWD with Pearl White Multi-Coat, 19” Gemini Wheels, All Black interior, with no FSD (15%). The rarest Model Y Trim is the Performance with Solid Black paint, 21’’ Überturbine Wheels, Black and White interior, with FSD (0.53%).
3/ Paint color is consistent between Performance and non-performance Model Ys.
4/ 85% of people with Model Ys have never owned a Tesla before. For 3% of #TeslaModelY owners, this is their first car.
5/ 43% of Model Y owners bought #FullSelfDriving. Interestingly, only 48% of people who have owned a Tesla prior to Model Y bought FSD. 42% of first-time Tesla owners bought #FSD in their #ModelY.
6/ 16% of Model Ys are Performance models. 76% of those were sold to first-time Tesla owners; however, only 15% of first-time Tesla owners bought Performance Model Ys, whereas 26% of Model Y owners who were previous Tesla owners bought Performance models.
7/ 67% of Model Ys have All Black interior. 24% of Model Ys have a Tow Hitch. 40% of LR AWD Model Ys upgraded to the 20’’ Induction Wheels ($2k).
8/ 24% of Performance models are ‘stealth’ performance. This number will hold constant, as Tesla changed the rear drive units on non-performance Model Ys from 1120980 to 1120990 during the factory shutdown in March-May.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
I’m headed to Huawei’s Mate 70 launch event in Shenzhen (yes, Shenzhen Metro has business class). This phone/chip/OS/event is a really big deal for Chinese tech, and has big implications for US-China relations. Here’s some background.
In May 2019, the US Dept. of Commerce added Huawei and its affiliates to the Entity List, which restricted US companies (and allies) from exporting tech to Huawei. They expected this to cripple Huawei, because it wouldn't be able to acquire any semiconductors made with US tech.
The US govt assumed that by restricting Huawei’s access to cutting-edge semiconductor manufacturing equipment, particularly Extreme Ultraviolet (EUV) lithography machines from ASML, the company would be unable to produce cutting-edge chips at process nodes smaller than 10 nm. EUV lithography is crucial for efficiently manufacturing chips at 7 nm and below, utilizing light with a wavelength of 13.5 nm, which enables finer feature resolution with fewer patterning steps.
Here's the most recent satellite image, taken a few days ago. That new structure in the middle (汽车专用作业区) will connect the factory to the Zhengzhou International Land Port, which will be 50km², roughly the size of Manhattan.
The bottom right corner of the image is land being cleared for the Port's rail yard, so you can see how BYD's factory literally attaches to this massive port that will send cars to Europe, from the middle of China. BYD's factory is already way ahead of the port itself.
Last week, there was a piece in @FT on how China's gov’t policies and regulatory crackdowns have severely impacted the private sector—particularly VC and startups—resulting in a stifled entrepreneurial spirit and a significant decline in new company formations. There was a chart from the article that looked abysmal, that went viral on its own. (see chart below)
The chart listed two sources—one misspelled—and the CEO of the other responded to one of the authors on Twitter that the data from his platform is certainly not comprehensive and was completely misrepresented in the chart. Author @EleanorOlcott's tweet was also Community Noted. Plenty of others have also debunked it, but she/FT has not responded, and the article has not been taken down.
What’s infuriating is how quickly and widely misinformation about China can spread. A few days ago, I met up with a former classmate in Shenzhen who is getting her Ph.D. in the US, and one of the first things she brought up was a chart she had just seen about how the number of new companies has fallen dramatically in recent years. I asked her if she were referring to a Financial Times chart. She was.
I’m at the Huawei launch of the world’s first tri-fold phone, and new intelligent driving conference in Shenzhen. Huawei’s timing is not a coincidence; Apple’s keynote was just a few hours ago. This is symbolic.
I’m definitely the only American here…
The color of the Mate XT Ultimate Design is completely Chinese. Looks awesome. Now @huaweirichard, who was spotted using the phone last month, is explaining the use cases for a triple screen.
Crowd loves the stock app, for some reason….
@huaweirichard @Huawei The camera is phenomenal and there are lots of on-device AI functions.
I can't believe people still talk about Tesla when this exists. Here's Huawei's ADS 2.0 in Shenzhen, filmed by me.
Luxeed S7 has LiDAR, no HD maps, 11 HD cameras, 3 mmWave radars, 12 USS, significant onboard compute...
Driver didn't touch controls once (except to reroute).
40 mins straight. This model is popular among DJI, Huawei, and Tencent engineers, who compare their commutes’ disengagements. I have never heard of anyone knowing anyone who has had a disengagement.
Also, for those asking, this car costs $45,500, goes 0-60 in 3.3s, 800v architecture. This feature costs $3,588. There are also really cool auto park features that I'll film and post another time. Oh, and this car is beautiful.
ARK locks its Tesla models, but we unlocked them. I'm going to dig into @ARKInvest’s new Tesla model this weekend, but before that, let's look at what ARK thought about 2023.
[Unanswered issues with past two years’ models quote-tweeted here] @wintonARK
Remember, just last year, ARK’s bull case figured Tesla would sell 3 million cars in 2023—its bear case 2.4 million. It also thought Tesla would do $174B in automotive revenue this year (2022 model bull case), or $141B on the low-end (2022 bear case). In Q1 2023, it did $19.4B.
In 2020, @ARKInvest thought Tesla would do $315 billion in revenue in 2023. Tesla did less than 10% of that in the first quarter so far.