ELECTREK PODCAST: TSLA EARNINGS, TESLA AUTONOMY, NEW MODEL S/X UPGRADES, AND MORE

EV Channels Review

The Electrek Podcast episode delves into Tesla's Q1 2019 earnings, revealing a significant miss on revenue and a larger-than-expected loss, largely attributed to lower deliveries and a shift in Model 3 sales mix towards the standard range plus. The discussion highlights Tesla's cash crunch in the first two months of the quarter, leading to erratic decisions like retail store closures and price fluctuations. The podcast also covers the delay of the Tesla Semi to next year, the upcoming insurance program leveraging vehicle data, and the controversial handling of the $35,000 Model 3, which is now a 'secret menu' item. A substantial portion is dedicated to Tesla's Autonomy Day, focusing on the new FSD computer with its proprietary chip, improved efficiency, and cost reduction. The vision-based approach, leveraging fleet data, is emphasized as a key advantage over competitors. The episode concludes with a look at the potential for a steering-wheel-less vehicle and the ambitious Tesla Network, projecting significant annual profits per car, though with some optimistic assumptions.