OH ELON... SOMETHING SPECIAL IS COMING BENCHMARK: A SHIFT IN BATTERY COSTS

EV Channels Review

The video covers a range of Tesla-related topics, starting with a stock split reminder and a lighthearted look at Elon Musk's college days. A significant portion is dedicated to a new software update (24.5) that simulates regenerative braking when the battery is full or in cold climates, enhancing driving consistency. The reviewer also delves into the ongoing debate surrounding Tesla's Full Self-Driving (FSD) beta, specifically addressing user feedback and Elon Musk's responses, suggesting a need for more constructive communication from both sides. Market-moving news includes California's upcoming ban on new gasoline car sales by 2035, potential impacts on other states, and shortened wait times for Model Y Long Range. The discussion touches on Tesla's legal department turnover, billionaire investor John Doerr's regret over not investing in Tesla, and the significant investment by South Korean retail investors ('Teslims'). Profitability in China, SpaceX's new 'best effort' tier for Starlink, an upcoming announcement with T-Mobile regarding connectivity, a unique Tesla airbag safety feature, and a crucial insight into plateauing battery costs due to mining and refining limitations are also highlighted. The reviewer emphasizes that raw materials now constitute 70-80% of battery cell costs, making mining and refining the key factors for future EV dominance.