PODCAST: TESLA MODEL 3 GOES NORTH, MUSK SAYS COSTS $28K, OIL INDUSTRY FEELS NORWAY, MORE

EV Channels Review

This podcast episode delves into several key developments surrounding Tesla and the broader EV market. A significant portion focuses on the large-scale Model 3 deliveries commencing in Canada, highlighting the logistical challenges and the impact of regional incentives. The discussion also revisits the estimated material and production cost of the Model 3, with Elon Musk confirming an analysis suggesting costs could fall to $28,000 at high production volumes. This raises questions about potential profit margins and future pricing strategies. The episode touches upon Tesla's expansion into in-house insurance, leveraging vehicle data for more accurate risk assessment. Furthermore, it notes the growing pressure on the oil industry in Norway due to rapid EV adoption, offering a glimpse into future market shifts. Other topics include executive hires, board member re-elections, and the progress of autonomous driving ventures from GM and Waymo.