特斯拉：公司评论

Investment Rating - The report does not explicitly state an investment rating for Tesla (TSLA) [1]. Core Insights - Tesla is expanding its Texas factory to accommodate a new AI computing cluster, aiming for a 100 MW capacity by August 2024, which may increase to over 500 MW in the future [1]. - The next-generation autonomous driving computer, referred to as AI5, is expected to be ten times more powerful than the current HW4 and will be implemented in vehicles by the second half of 2025 [1]. - Tesla's upcoming Master Plan 4 is anticipated to play a significant role in the company's strategic direction, following the impactful Master Plan 3 [1]. Summary by Sections Company Developments - Elon Musk revealed plans for a new AI computing cluster in Texas, with an initial target of 100 MW by August 2024, potentially increasing to over 500 MW in 18 months [1]. - The AI5 hardware, which will replace the current HW4, is set to be introduced in late 2025, enhancing Tesla's autonomous driving capabilities [1]. Market Activity - Tesla has reduced the prices of its Model 3 vehicles in Canada, with the RWD model now priced at 49,990 CAD, making it eligible for government rebates [2]. - The Model 3 Long Range has also seen a price drop to 59,990 CAD, while the new Model 3 Performance remains unchanged at 69,990 CAD [2]. Supply Chain Agreements - Tesla signed a lithium supply agreement with a subsidiary of China's Yahua Group, ensuring the procurement of lithium carbonate and hydroxide from 2025 to 2027, with a contract value of 5.6 billion RMB [3]. - This agreement is expected to support production at Tesla's Shanghai Gigafactory [4]. Sales Performance - In the week of June 10 to June 16, 2024, Tesla's domestic insurance registrations were approximately 11,700 vehicles, reflecting a quarter-over-quarter decline of about 5% and a year-over-year decline of about 19% [4].