ELON MUSK TALKS TSLA STOCK, BATTERY DAY REACTIONS, EV MARKET + TESLA INTEREST IN LG INVESTMENT?

EV Channels Review

This episode delves into Elon Musk's candid interview with Kara Swisher, focusing on the aftermath of Tesla's Battery Day. Musk expresses frustration with the media and Wall Street's perceived lack of understanding regarding the immense challenges of scaling battery production, emphasizing that a prototype is merely the first step in a vastly more complex manufacturing process. He reiterates his detached stance on Tesla's stock price, asserting that while he believes it's currently high, the company's long-term potential remains strong if execution is successful. The discussion also touches upon the broader EV market, with Musk predicting significant growth over the next decade, and hints at Tesla's plans for multiple original car designs from its Shanghai and Berlin design centers, potentially including a more compact and affordable model. The episode also covers supply chain news, including a rumor about Tesla potentially acquiring a stake in LG Energy Solution and a confirmed five-year contract with Piedmont Lithium for lithium ore supply. The reviewer notes the logistical challenges Tesla faced in Q3 deliveries but highlights the team's efforts to achieve a record quarter.