The chapter explores a company's struggle with flooding the market with used Model 3s, leading to profit margin challenges and a dilemma between growth and profitability. It also touches on Tesla's pricing strategies, the impact of new vehicle releases, data selling to insurance companies, connected insurance intricacies, and the challenges of autonomous vehicles in insurance algorithms and privacy concerns.
These are rough times for the once-hot world of EV startups, as the hype fades and reality sets in. On this week's episode the gang sifts through the rubble, finding a little good news (Lucid raised cash!) but a lot of challenges for everyone from Fisker to Tesla.