welcome back to electrified it's your host Dylan Lumis quick shout out to my new patrons Alva H and Duncan M thank you for choosing to support the channel to everyone hoping for a personal update on what happened to me last week stick around for the end of this video to everybody else happiest of New Year's hope this video finds you in good spirits and doing well thank you all for your patience first up today if you haven't seen it yet Tesla reported their fourth quarter deliveries the number came in 400 845,000 beating Wall Street expectations which sat at about 480.7e year best case scenario they did what a few hundred deliveries so most of these were indeed Model S and x and this was a very good result the best in the last few years for a quarter for model snx deliveries which of course should be good for margins I think most of us know this but just to mention it anyway if you look at the difference between production and deliveries for the quarter you're going to see people spewing that Tesla yet again has an inventory problem talking about their overall inventory level now being over 100,000 let's keep in mind the only data point that really matters here is days of Supply that figure is still going to sit right between 16 and 17 exactly where it was when the industry average for the same metric is around 50 or higher so know Tesla's inventory is still not even close to being a problem and I would argue as Tesla grows them having more inventory AKA more cars at Tesla locations to a point that's a good thing because it'll give those customers an option to buy the vehicle they want on the spot rather than having to wait for delivery and yes with the Q4 numbers Tesla hit their 1.8 million goal for the year delivering 1,885 181 Vehicles this also means these are all new records for Tesla both when it comes to production and deliveries from a quarterly and an annual perspective as is the case with most quarters Tesla's VP of supply chain said on X thanks to our supplier partners for working through some challenges over the course of last quarter one of those challenges we had a ship from Shanghai headed to Australia with presumably a few thousand Tesla vehicles for delivery had to turn around because stink bugs were found on board for what it's worth this ship has a capacity of 6,500 Vehicles not sure how fully loaded it was how many of those were Tesla but something to note as Elon has said in the past many investors put far too much emphasis on quarterly results so let's heed his and my advice and zoom out to the bigger picture I put this on X earlier today the white line is Tesla's actual 50% growth Target they set this back in 2020 and in the green we have Tesla's actual deliveries so we now have 3 years of Tesla achieving their 50% growth Target I just want to put it out there throughout this year there's going to be plenty of noise around Tesla not hitting that pace for 2024 as the target implied would be 2529 million deliveries however what Tesla actually said was over a multi-year horizon we expect to have 50% average annual growth not that every single year they're going to grow at 50% plain and simple in my opinion it matters far more what happens between 2025 and 2028 as cybertruck and the nextg vehicles ramp not so much what happens next year we'll see what if any new guidance Tesla gives when they release their full Financial results for the quarter which will be Wednesday January 24th in 2021 Tesla's growth rate was 87% in 2022 it was 40% and for 2023 it came in at 37% when it comes to Tesla stock I think it's very important to note that for 2024 expectations from Tesla's internal compiled consensus the median expectation for 2024 for deliveries is actually 2.15 million so the good news is that most of Wall Street is not at all expecting Tesla to hit this 2.5 million delivery number Tesla's VP of public policy Rohan Patel added on X the model y was the bestselling vehicle of any type in the world for the year and in Europe plus Tesla energy storage deployments have quadrupled since 2021 one more reminder Tesla's energy division now has higher gross margins than the auto business energy came in at 24.4% for Q3 while autog gross margin sat at 18.7% and Tesla energy is now growing faster as well let's talk about the cybertruck for a second and in a recent Kim Java video t- Sport Line did confirm that wrapping the cybertruck is indeed easier than other Tesla models as many of us expected they're also now working on a DIY wrapping kit so that will be coming with pre-cut materials and tutorial videos as well the YouTube channel our cyber life who took delivery of one of the first Foundation series cyber trucks just posted a video about their road trip in the Cyber truck and they shared a few different anecdotes of groups of people that have come up to them and asked them questions about the truck it's one thing to have people in the Tesla Community for months if not years shouting about how when the Cyber truck hit the streets it was going to get so much attention but it's an entirely different thing to actually have it happening in the real world with proof I do have a warning though if you plan to buy a cybertruck and you don't like people you may be in for some serious trouble in case you missed this one this was the first first gloss black cyber truck this of course was done by t- Sportline so what do you think perhaps more importantly if you were posed the question do you want a matte black or gloss black cybertruck which one are you picking I'll put my answer below we got this short YouTube video from Antonio Torres showing the cybertruck on its third attempt and the second one that was successful yes it's using momentum we're not going to try to break this down though it was just something that I really enjoyed watching some decent off-road action have a look at this Easter egg shared by YouTube channel Dennis CW Tesla hacking oh shoot d double tap the shoot the double tap the what does it say though wa wait okay see oh that's so sick that's epic ch Chuck Cook asked Elon about the timeline for FSD making it to the cybertruck to which Elon said cybertruck is necessarily the lowest priority for FSD as there are only a few hundred cyber trucks in the field compared to around 5 million other Teslas Honestly though when you really think about it things like different camera placements different vehicle size different driving Dynamics not having any in the- field data yet for the cybertruck it makes sense that FSD would not launch with the cybertruck at least for now no timeline has been given we got an anecdote from Paul mang yelli sorry if I butchered that one of the first cybertruck owners in summary he talked about insane reactions from people and he said I think I'd get less attention in a Bugatti he said the ride is smooth he enjoys steer by wire the space of the Cyber truck was practical and well thought out and the sound system is extraordinary on X the Rosenberg Police Department which is in Texas they reached out to Elon basically asking if they should switch to the Cyber truck for their police Fleet adding it's still hard to find new vehicles to replenish our older units naturally Elon replied saying 100 in the past we talked about how Larry Ellison has plans to use a cybertruck and modded out to become a police vehicle I'm also now hearing rumors so be very careful with this that the screen in the Cyber truck will be able to replace some of the actual police equipment I don't know what EX exctly it could replace and I would assume that means actually integrating with some of these Department's actual back end and I'm not sure how that would work but something to keep an eye on on X the boring company shared some photos of the Cyber truck in the Vegas Loop and I would point out starting January 9th CES for this year will be held at the Las Vegas Convention Center now I have no idea if they'll be offering rides in the Cyber Tru for that event but if you're going to be in the area something I thought you might want to know it won't happen but it would be even better if they could offer cybertruck drives because that's when it's going to click for many people the magic of steer by wire I say that because we got another anecdote from Paul and he was saying after a few hundred miles driving he can't stop the steer by wire system makes you realize how silly mechanical steering is and he said Tesla has integrated this Tech and feature flawlessly not to be overly dramatic but it's magical we got some new official guidance from the treasury on which vehicles will qualify for the IRA tax credits as it stands right now the model 3 rear wheeel drive and long range do not qualify for anything while the model 3 Performance qualifies for the full credit what that means is that right now you can get a model 3 Performance after the credit for $435,000 Which is less than the model 3 long range how long will it stay that way I would guess not that long here we have the updated full list for vehicles placed in service on or after January 1st of this year as you can see sadly we have vehicles like the Chrysler Pacifica pH getting a full credit with about 32 M of EV range as it stands now Ford has three vehicles that qualify two of which are F-150 Lightning the mai nowhere to be found rivan has five vehicles qualifying all of which are for half of the credit two of which are r1s three of which r1t and Tesla has five vehicles qualifying all of which are for the full credit model 3 Performance model X long range and all variants of the model y two things I would add one the cybertruck all-wheel drive variant should end up on this list at some point this year maybe it'll be when that model is actually available Tesla has put exactly that on the cybertruck page Sawyer did say that he called the IRS to confirm this this where he said you get the full $7,500 POS rebate regardless of your tax liability meaning even if you don't owe that much in taxes you still get the full deduction when you buy the vehicle what I'm about to say is not at all a reflection on Sawyer but it was just one call it was just one agent my advice here double check with your CPA to make sure he also reached out to the Department of Treasury to get an update on how many dealers have opted into this point of sale rebate the latest as of December 29th 7,400 dealers have registered of around 177,000 in the United States I just wanted to clarify that does not mean this is the final number it just means that so far a lot of dealers have not gotten around to actually registering Milan kovak who is an engineer on Optimus at Tesla gave us a pretty awesome update on what Tesla has accomplished with Optimus this year year I want to read a few parts of this and I'll throw up something enjoyable to watch we've improved our Locomotion stack frequently walking off Gantry without Falls and with a faster increasingly more humanlike walking gate we've built a very low latency and High Fidelity teleoperation system used to collect AI training data of the bot imitating humans performing certain tasks we've designed trained and deployed some of the first endtoend neural nets for humanoid robots ever demonstrated to autonomously perform tasks requiring coordinated control of humanoid torso arms and full hands with fingers we've designed and built yet another upgraded version of the Bot Optimus Gen 2 adding an articulated neck revamped hands with tactile sensing and a tighter integration of harnesses actuators and electronics what made this possible a fantastic group of passionate people working hard and well together a scrappy flexible flat and bureaucracy free startup like operating structure a large scale AI training and evaluation infrastructure years worth of Prior work on technology foundations for our cars on actuators batteries AI chips and autopilot software the backing and vision of a CEO who does not shy away from tackling tough problems for the better of humanity when the time is right our manufacturing lines will be added to that list Tesla is one of the very rare places on Earth with all of the critical ingredients to make this actually happen Happ and the potential to shape a future of abundance for everyone on X Tony Tong shared an initial reactions to his using of FSD 12.1 I do have to say I've never seen anything from him before when it comes to FSD so I don't know what type of framework he is coming from either way though he was talking about 12.1 being more like a human and more natural as we would expect and he said when he was in the fast lane on a two-lane Highway as the car saw a faster vehicle behind approaching V12 actually signaled to get into the slower Lane let that car pass and then got back into the passing Lane for City street driving he talked about a problem he dubs neighborhood lanessa v11 the vehicle would move left door right on those neighborhood roads that don't have any lines and the car just perceives it as being a wide Lane he said with V12 that's now gone he mentioned it handles bumps very well for areas of improvement he mentioned the stop sign situation the car waiting a full 5 Seconds although he may be exaggerating here but we know that's more of a nit requirement than something Tesla is doing wrong similar to v11 he said the main input that he's had to adjust for has been the speed control specifically when speeds are changing other areas for improvement how it handles potholes and how the vehicle should safely navigate around them as well as V12 of course needing to be trayed in areas with inclement weather not just sunny California like I said though personally I'd like to see some reviews from somebody like Chris at dirty Tesla or Chuck because I know their existing framework with older variants of FSD and I'll be able to gauge better what they're really feeling about 12.1 and specifically how much of an improvement they actually perceive this to be one other early anecdote on 12.1 from ad also saying it is incredibly natural roaming Norway on X had a post really complaining about the V4 superchargers and specifically how the new cable is in use we don't need to dive into all of the Y's right now I just wanted to share that Tesla charging actually responded saying minor things matter cable Dock and stiffness improvements are coming soon Hol Mars was talking about Tesla stock saying it's still massively undervalued to which Elon said I stand by my prediction that if Tesla executes extremely well over the next 5 years that the long-term value could exceed apple and a ramco combined as it stands now just a few days later apple is valued at 2.8 trillion Saudi aramco at $2.1 trillion the last time we talked about this adding up Apple and Saudi aramco took us to around a $4 trillion market cap but now we are closer to 5 trillion if you take that potential 5 trillion and divide it by Tesla's current market cap of 788 B ion that would be a rough 6.3x from today's value I don't know about you but Lord willing I will be right here for that entire ride this rumor that we have from Robert scoble who said I learned from a Tesla employee at Fremont they have already retooled expect an announcement in January and have the new model 3 plus or Highland on Market by March then as we have it over the weekend a Reddit user posted the refresh model 3 spotted at Tesla TLA Engineering in Fremont has a Fremont Vin but a Chinese badge on the trunk why the Chinese badge I'm not sure it could be for camouflage purposes it could be that that part was only available from China so they're just tooling and experimenting either way though it seems clear that test production of the new model 3 has begun at Fremont in addition to that post we had this one of a model 3 refresh lot at the Fremont Factory with two different images shown now ordinarily you'd be expecting some model 3 price discount so Tesla can clear through their inventory and maybe we'll see that but you have to remember given that that vehicle just lost the IRA tax credits the gap between the model Y and the model 3 pricing has shrunk significantly for all model 3s except the performance which still qualifies I also want to say I'm not sure if Tesla can pull it off but I can almost guarantee you right now they are working on a way to get all model 3 variants to qualify for the IRA tax credits this is pure speculation on my part no inside source for this one so please don't make any buying decisions on that comment of mine but I won't be surprised if Tesla finds a way to make that happen at some point this year we will be on the lookout for any model 3 Highland announcement this month for the year in Norway Tesla has topped Norway's car sales for 3 years in a row also Tesla's share of the overall Market has to 20% up from 12.2% if you're wondering about second place in that market it was Toyota at 12.4% and VW at 10.8% this one at least for now is just a Feelgood story we have the model y becoming Sweden's bestselling car over the course of 2023 so despite all of the sympathy strikes and the nonsense going on that was a 120% increase in sales compared to to 2022 that's despite the overall Market in Sweden having a very tough year in 2023 where the country saw sales of about 280,000 cars over the year which was below 2022 so Tesla's market share in Sweden has more than doubled year over-year despite having their hands tied to some degree I really don't think I need to touch on this but I'm going to anyway you may have seen byd sold more EV only vehicles in quarter 4 than Tesla some people are making this out to be some Monumental deal and listen I'm not at all trying to take away from the success of byd they should be praised they're doing incredibly well that said they sell cars at a much different average selling price than Tesla it may be close to half of what Tesla's is meaning the overlap in the market byd plays in and where Tesla is selling its Vehicles really do not overlap nearly as much as people think that will change through 2024 as byd goes upscale but to date byd and Tesla are not really direct competitors as much as one may think and let's not forget globally we need between 10 20 maybe even 30 companies in the long term selling EVS profitably at scale it's not just going to be one or two Brands plus this leaves out the profitability story Etc I know some people are saying that rivan had a bad quarter 4 they put out their delivery numbers they produced 17.5 ,000 and delivered 139,000 I don't follow rivan closely enough to know what's happening with that 3600 vehical Gap when it comes to production and deliveries I say that because traditionally looking at the difference for rivan between production and deliveries that number has only been between 1 and 2,000 so 3600 would be a new high for rivan and not in a good way but as we've seen with Tesla there are always things going on whether it's supply chain or Logistics or stink bugs so it's just one quarter but for now at least something to watch Silver Lining of course new record for production hopefully you've picked up on the theme that Tesla has been breaking records and making history as we close out 2023 best in Tesla shared a nice graphic again showing us that the mod Y became the bestselling car ever in Denmark's history and the bestselling vehicle this year doing it in Style by the way tripling up the second Place vehicle the PUO 208 if it's predictions that you like Elon said 2024 is going to be even more crazy is my prediction all right so that wraps up the electrified portion of this video so if that's all you're interested in feel free to leave thank you for watching as always hope to see you tomorrow now just some other stuff last week I was really planning to work but on Tuesday I woke up with a sty in my eye first time I've ever experienced one and it was as annoying as I've heard people talk about fun fact about me the one time in my life I've ever passed out had to do with an eye issue got something stuck in my eye and what they had to do to get it out my body did not react well to then come Wednesday night I started getting pain in my chest now I couldn't tell what it was like a muscle or something in my ribs didn't really think it was my heart you know I'm 34 generally in good health but it kept getting worse I couldn't really sleep Wednesday night or Thursday night and then on Friday of course my wife and family wanted me to go to the hospital just to make sure it wasn't anything more serious and by that point I definitely wanted some answers too because I couldn't sleep and I was wondering what was going on long story short after a bunch of different tests they said that my heart was normal chest x-rays were normal they thought it was an intercostal muscle strain or tear they gave me a steroid to take but I opted not to take it because I do like going the natural route when I can can all that to say I'm feeling much better I can sleep now but if I Breathe In Too Deep or laugh or I haven't even sneezed yet it still gives me pain right here so as you can tell I'm mostly good I have not been able to work out I'm still not working out yet because again I can still feel it in certain positions or when things happen but overall we are on the road to recovery thank you everybody for your concern now since I did not get to do my electrified presents Christmas special I just want to take a few few seconds to give us all a few things to consider as we head into the new year so often I see people saying well I believe in science so therefore I can't believe in faith or I would never believe in God because I believe in science look respectfully I just don't think that's the best logic to deploy you can go back and look this stuff up on your own but most of the early scientists that created science as we know it today were actually committed Christians so ultimately this science that we now know and love myself included was founded mainly and largely through Christian principles simply put the way I see it science is a great gift from God that actually points us closer and closer to him revealing more of his properties that he has instilled through creation this isn't going to become an apologetics video I just want to make it clear that the idea that science and God are like this is wrong in my opinion it's actually like this if any of you want a non-biblical source to start reading and you're open you're exploring I highly recommend this book by Lee Strobel it's called a case for Christ personally I've read it and given it to many family members if you're struggling financially hit me up via email I'd be happy to buy it for at least a few of you long story short Lee was an investigative journalist who set out to disprove Christianity but through his research and his findings he was actually converted and came to faith in Christ spoiler alert why did he actually convert to Christianity well theologically yes God did it but from a worldly perspective it was due to the overwhelming evidence around the historicity of Jesus Christ and the resurrection speaking of the Resurrection I know this all sounds like lunacy if you're somebody that does not have faith in God at the moment but what I really want to say is just ask yourself in the depths of your soul have you really with an open mind and an open heart explored Christianity and the true Christianity not what culture thinks it is if you've spent significant time over years actually genuinely seeking the Lord not seeking to disprove him by the way but trying to find him if he were to be real that's one thing but in my experience I know so many people who don't believe in God for the wrong reasons they see hypocritical Christians they see evil in the world so then they assume well there can't be a good God maybe even they've had terrible things happen to them themselves not at all to Discount the pain that some of that stuff can bring all I'm saying is that it does not disprove who Jesus was what he did 2,000 years ago and whether or not he actually rose from the dead and I have to say it Christianity is not about being good enough to get into heaven it's not some sort of weighing are my good deeds going to outweigh my bad Deeds so if you ask somebody well hey how do you get to heaven if it's real and they say well you have to be good enough that answer is wrong and they don't actually know what they're talking about so if you're actually going to reject Christianity the real version of it here's what it is it's that God himself Jesus Christ chose to enter the world to put on flesh to live a life that we could never live on our behalf then he actually died the death that we all deserve that's because all have sinned and fallen short of the glory of God have you ever lied you're a liar have you ever stolen anything you're a thief have you ever lusted after another person in your mind you're an adulterer at heart I think you get the picture on Judgment Day if we were to be judged based on our actions and our morals alone every single one of us all fall short that's why Jesus chose to enter the world to live the life he knew we never could so that when we put our faith and trust in him as Lord and Savior then when God looks down on us he actually sees Christ's Perfection and not all of our sin all of our sin past present and future was nailed to the cross when Jesus took that death that we all deserve then 3 days later he rose from the grave proving he has authority over life and death overcoming the world so faith in Christ is a free gift we don't have to do anything there is nothing we can earn it is not up to us at all all we have to do is seek the Lord with an open mind and an open heart then he tells us that those who seek will find so all we have to do to have our sins forgiven is accept this free gift from Jesus Christ that he has made available to everyone I could really keep going here but I want to try to keep this brief so the way I want to close is I just encourage you to seek him with an open mind and open heart let go of any precon ceed Notions about Christianity try to let go of some of that hurt maybe you've experienced from other Christians look if you look to other people that believe in Christ you're always going to be let down myself included so we have to block all of that out and seek and look to Jesus Christ Alone the best way to do that is to start reading the gospels in the Bible Matthew Mark Luke and John that tells us about the life that Jesus lived from four different perspectives and to my brothers and Sisters in Christ continue to run your race well be bold stand up for the truth it's going to cost you something in this culture you might lose friends you might lose followers you might lose money but at the end of the day the rewards those Eternal rewards and the joy of the Lord living in obedience to him trumps anything else it's not worth comparing read the word every day no excuses surround yourself with Christian Community we are not meant to isolate stay in prayer and you will be in mine as well and if any unbelievers are still watching at this point I just want to say I'm sharing this because I love you guys you can believe it or not but I really believe that hell is real and that eternity with the Lord forever in Paradise is available to all of us who accept the true gospel the Salvation through Jesus Christ Alone that is why I'm sharing I want you to hear that message I want you ultimately to be saved and to know all of those good things that God can do for you both now for the rest of your worldly life and for eternity father thank you for this community thank you for every soul watching this video both now and into the future I pray that you do what only you can do that you save Souls give people that do not yet believe in you that do not yet know you give them new Hearts like only you can do save their souls Lord so that they may come to know you and your goodness your joy forgiveness Mercy Love and Truth both now and forever and Lord to all of the Believers watching I pray that you give them boldness and encouragement to run their race well if they're far from you draw them back in in this very moment God it's all for your glory and your glory alone it's for your beautiful name we pray [Music] amen [Music]