Home Business Elon Musk snipes at Apple twice on Tesla earnings name

Elon Musk snipes at Apple twice on Tesla earnings name

Elon Musk, chief government officer of Tesla Inc., proper, departs from courtroom for the SolarCity trial in Wilmington, Delaware, U.S., on Monday, July 12, 2021.

Samuel Corum | Bloomberg | Getty Pictures

Tesla CEO Elon Musk sniped at Silicon Valley neighbor Apple twice throughout a convention name to debate Tesla earnings on Monday.

Though the businesses do not compete straight at this time, Apple is reportedly constructing an electrical self-driving car underneath a undertaking code-named Titan, and has attracted a number of engineers and executives away from Tesla. The Titan undertaking is reportedly run by Doug Area, who returned to Apple in 2018 after 5 years at Tesla.

When requested about Tesla’s provide chain, Musk stated that there is a misperception that Tesla makes use of loads of cobalt, a key materials within the manufacturing of lithium-ion cells utilized in each smartphones and electrical automobiles.

“Apple makes use of I believe nearly 100% cobalt of their batteries and cell telephones and laptops, however Tesla makes use of no cobalt within the iron-phosphate packs, and nearly none within the nickel-based chemistries,” Musk stated. “On on a weighted-average foundation we’d use 2% cobalt in comparison with say, Apple’s 100% cobalt. Anyway, so it is simply actually not an element.”

Some cobalt mined in locations just like the Democratic Republic of the Congo has been linked to human rights abuses similar to youngster labor. In 2019, Apple, along with Tesla and different main know-how corporations, was named as defendants in a human rights lawsuit, according to The Guardian.

In a conflict minerals report revealed earlier this yr, Apple stated it publishes an inventory of all battle minerals and cobalt smelters and refiners, and all of Apple’s cobalt suppliers participated in audits in 2020. An Apple consultant did not return a request for remark.

Later within the name, Musk made a crack about Apple’s so-called “walled backyard,” which is known as as a result of Apple strictly controls what software program might be put in on the iPhone by means of its App Retailer. Apple’s walled backyard is going through scrutiny from lawmakers and different corporations, together with in an antitrust trial that happened earlier this yr after it was sued by Epic Video games over App Retailer charges and insurance policies.

“I believe we do wish to emphasize that our aim is to help the arrival of sustainable power,” Musk stated in response to a query about letting rivals use its charger community. “It’s not to create a walled backyard and use that to bludgeon our rivals which is utilized by some corporations.”

Musk then faked a cough and stated, “Apple.”

In the course of the name, Musk stated he doubtless wouldn’t seem on future Tesla earnings calls except he has “one thing actually vital” that he must say.

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