PODCAST: TESLA RECORD EARNINGS, NEW CYBERTRUCK PROTOTYPE, TESLA TWITTER

EV Channels Review

This episode of the Electrek Podcast delves into Tesla's Q3 2021 earnings, revealing record-breaking financial performance with a significant beat on earnings per share and an impressive automotive gross margin of 30.5%. Despite supply chain challenges and increased vehicle prices, Tesla managed to boost profitability. The discussion also touches upon the milestone of achieving an annual production run rate of over one million cars, with Shanghai now outproducing Fremont. A new Cybertruck prototype was spotted, featuring side mirrors and rear-wheel steering, indicating progress towards production, though a firm delivery timeline remains elusive, with late 2022 being a cautious estimate. The podcast also addresses the controversial appointment of Missy Cummings as NHTSA's senior safety advisor, highlighting the backlash from 'Tesla Twitter' and the underlying concerns about her perceived anti-Tesla stance and potential conflicts of interest, while also acknowledging her strong credentials. Finally, the shift to LFP battery chemistry for the Model 3 Standard Range globally and the ongoing challenges with Model X and S delivery timelines are discussed.