Elon Musk discusses the future of Tesla with the Financial Times at the 'Future of the Car' conference

Elon speaking at the Future of the Car conference

Earlier this week Elon Musk spoke to the Financial Times at the Future of the Car conference. The Chief executive of Tesla and SpaceX gave a few interesting quotes in this exclusive interview.

The interview started with a bit of overlap with Elon Musk and Co-Founder of Tesla JB Straubel both talking together. JB mentioned that it's "tougher now for EV startups because what are they going to do that Tesla hasn't or won't do. What is their niche?"

Elon added "Companies are jumping in at the deep end, trying to make a high volume vehicle without having ever made a vehicle before. Start small and make mistakes at a small scale with a lot of reserve capital."

Elon was asked who he views as the most impressive EV startup and he answered "Volkswagen is making the most progress aside from Tesla." He also noted that there will be some strong EV companies coming out of China.

When asked about supply constraints, Elon said that he sees constraints in lithium coming in about three years, in large part due to the difficulty of converting the ore into battery-grade material.

Elon said that Tesla may have to get involved in mining/refining raw materials. When discussing supply constraints, Elon also iterated that the 20 million vehicle target for 2030 is simply an aspiration; "We may achieve it, but we may not."

Full Video Interview

When asked about the current situation in China, Elon stated that he has had recent conversations with government officials. From these conversations he believes that it is clear that the lockdowns are being lifted rapidly, adding "I would not expect this to be a significant issue in the coming weeks." This statement is optimistic as the lockdowns have posed huge supply chain challenges for Tesla and the broader economy.

When asked about demand, Elon said "now its demand is exceeding production to a ridiculous degree. We’re probably gonna just stop taking orders for anything beyond a certain period of time because some of that timing is like a year away.

Elon stated that there is some probability that Tesla would make a car smaller than the Model 3. Tesla has alluded to increasing efficiency when discussing the Robotaxi, so it would make sense that it would be smaller than the Model 3.

This would be an interesting move for the automaker. Tesla has previously alluded to the idea on their Q1 earnings call where they discussed the difficulty of setting their prices so far out because they don't know what their future costs will be.

When asked about how long he would stay at Tesla, Elon responded: "as long as I can be useful."

Follow

Follow

Follow

Tesla’s Referral Program Launches in Europe

Not a Tesla App

Following its recent launch in the United States and Canada, Tesla has launched their referral program in several European countries as well.

The program is available in Germany, Norway, France, the Netherlands, the United Kingdom and possibly others. The program is almost the same as the one available today in North America, with rewards for each referral and a discount for those referred. The cap in Europe is also ten per year.

This program comes right on the heels of a 0% financing offer for the Model Y in Sweden and France. While referrals aren't currently available in Sweden, the 0% financing still is.

European Referrals

The European Referral program accounts for country and local currency, where applicable.

The referral reward program is comparable to the one available in North America. After exchange rates, there is only an approximately 10% difference between the available rewards in the US and EU.

Other Countries

We expect this program to start rolling out to other European countries over the next few days or weeks, as Tesla continues to expand its referral program.

Follow

Follow

Follow

Tesla's Android App Lags Behind Apple's: The Missing Features

Maxim

Tesla has confirmed that they submit app updates for Android and iOS apps at the same time, but we often see the iOS app updates released first possibly due to a quicker app review process at Apple.

However, we often see features implemented on the Apple version weeks or months before they’re implemented on Android. Today, the Android app is missing several key features, and the gap is starting to become a bit glaring.

Delayed App Updates

The Android app just received update 4.36.6 last night, while the Apple update was available as of September 1st.

That might not seem like a big deal, but in order to use the updated Actually Smart Summon, you’ll need app version 4.36.6, so any Andriod users that received update 2024.27.20 with the new Summon, couldn’t use it until yesterday.

We’re sure Tesla is on it, but it’s disappointing to see that key feature updates take days or a week longer to receive on Android. Apple and Google both offer the ability to set a release date for an app update, so Tesla could coordinate releasing the apps at the same time.

Ultra Wideband Support

Unfortunately, there’s no Ultra Wide Band (UWB) support on Android yet, which is an interesting omission since it’s such a great feature. Most Android phones, flagships, and cheaper phones alike, all support UWB.

Without UWB support Android phones can’t use Tesla’s newest phone key, which is only available for devices that support UWB. The new phone key improves reliability for unlocking the vehicle and setting the correct Tesla driver profile. To support the new phone key, you need a compatible phone (iPhone 11 or newer) and a newer vehicle that supports ultra wideband.

Hands-Free Trunk

Tesla’s new hands-free trunk feature, which allows you to automatically open your trunk by simply standing behind it for a couple of seconds, also isn’t available on Android devices. Tesla’s Hands-Free Trunk requires UWB support too, and Tesla originally mentioned it was coming to Android in May 2024.

For now, those are the features we know of that don’t work on Android today, and we’re hoping that Tesla brings both UWB support, as well as simultaneous app updates to the Google Play and Apple App Store by leveraging each store’s publish date feature.

Follow

Follow

Follow