PODCAST: ELON'S TESLA CEO PACKAGE GONE, CYBERTRUCK'S POWERSHARE, GM GOES BACK TO PHEVS

EV Channels Review

This podcast episode delves into significant Tesla news, primarily focusing on the Delaware court's decision to void Elon Musk's $55 billion compensation package. The hosts explain the legal reasoning, emphasizing that the ruling is based on the board's and Musk's failure to provide shareholders with complete and accurate information, rather than the package's value itself. They discuss the implications for future shareholder votes and Tesla's corporate governance, noting Musk's proposed move of Tesla's incorporation to Texas as a reaction. The discussion also covers the Tesla Cybertruck's PowerShare feature, detailing its functionality, estimated installation costs (around $4,000, with some Foundation Series buyers exceeding this), and its current limitation to off-grid backup power. Additionally, the episode touches on the redesign of Cybertruck wheel covers due to wear issues, Tesla's potential new LFP battery cell factory in Nevada, a price drop for the Model Y in Canada making it eligible for Quebec rebates, and a Norwegian range test where Chinese EVs outperformed Tesla's new Model 3. Finally, the hosts discuss dealer complaints about the pace of EV adoption and GM's strategic shift back to plug-in hybrids.