PODCAST: TESLA, FORD, GM EARNINGS, RIVIAN R2, AND MORE

EV Channels Review

The Electrek Podcast episode delves into the Q2 2024 earnings for major automotive players, with a significant focus on Tesla. While Tesla beat revenue expectations, it missed on earnings per share, and its stock saw a notable decline. The discussion highlighted concerns over declining gross margins, the substantial contribution of regulatory credits to profits, and the ongoing challenges with the 4680 battery cell production, despite some encouraging progress on the cyber truck prototype. A key point of contention was Tesla's approach to Full Self-Driving (FSD), with the host expressing skepticism about achieving unsupervised FSD on older Hardware 3 vehicles, raising potential liability issues. The podcast also covered Ford's substantial EV losses, GM's reduced EV sales targets, Rivian's strong R2 pre-orders, and Porsche's scaled-back EV goals. A public service announcement warned against the 'wet towel trick' for Supercharging due to safety risks.