NEW MODEL 3 IS HERE | HERE’S THE BAD NEWS

EV Channels Review

This video delves into several key Tesla updates, with a significant focus on making a new Model 3 accessible for under $30,000 through a combination of inventory discounts, referral programs, and federal/state tax credits. The reviewer highlights New Jersey as a prime example, where incentives can bring the price down to approximately $27,620 before referral discounts. A notable point of caution is Tesla's warning about potential reductions to the federal tax credit after December 31, 2024, due to evolving material sourcing requirements, which could halve the credit to $3,750. The video also touches on the anticipated August release candidates and October production start for the Cybertruck, noting the 'Bodies In White' sightings at Giga Texas and ongoing speculation about the exoskeleton's implementation. Additionally, the upcoming Tesla app update hinting at Apple AirPlay support for improved audio/video streaming is discussed, alongside the discovery of significant phosphate and titanium deposits in Norway that could bolster the global EV supply chain. Finally, Elon Musk's optimistic, yet speculative, claims about achieving Level 4/5 Full Self-Driving capability soon are presented with a healthy dose of skepticism, and the launch of his new AI startup, xAI, is mentioned as a potential collaborator with Tesla's AI efforts.