Tesla Hits Major Milestone, Dojo Report, Musk Meetings - Summary

Summary

In this summary, the content discusses various topics related to Tesla, including Elon Musk's meetings, Project Dojo, and production milestones. The video covers Tesla's stock performance, analyst reports, and production updates, such as the company reaching its 5 millionth car production milestone. Additionally, the summary highlights Tesla's partnership with Hertz, allowing full Tesla app access for rentals. It also mentions a lawsuit where California is suing major oil companies for alleged climate change misinformation, and SpaceX countering a discrimination lawsuit filed by the Department of Justice.

Facts

Here are the key facts extracted from the provided text:

1. Tesla announced the production of its 5 millionth car, with the 4 millionth car produced just over six months prior.

2. Tesla's stock price was down 3.3% during the week, influenced by Goldman Sachs cutting its estimates due to lower average selling prices.

3. Tesla is reportedly planning to increase orders for Dojo chips from TSMC, potentially doubling production for 2023 and beyond.

4. Elon Musk had meetings with the Prime Minister of Israel and the President of Turkey, discussing various topics, including AI and potential investments.

5. Hertz rentals in the US now allow full Tesla app access, enhancing the rental experience for Tesla owners.

6. Deutsche Bank noted that Tesla's Highland cost might be lower to produce, Berlin Gigafactory would ramp to 375,000 vehicles initially, and other automakers have expressed interest in licensing Tesla's FSD technology.

7. California is suing major oil companies, including Exxon and Shell, over alleged knowledge of their impact on climate change and misleading the public.

8. The Department of Justice (DOJ) has filed a suit against SpaceX for alleged discrimination against non-US residents, while SpaceX countersues, denying discrimination.