Tesla and SpaceX encounter huge inflationary pressures: Musk

According to the latest report, Tesla CEO and SpaceX CEO Elon Musk said through social media that Tesla and SpaceX have recently faced huge inflationary pressures in the fields of raw materials and logistics.

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Moreover, Musk retweeted in a Financial Times article saying, “we’re not alone”. The British “Financial Times” article pointed out that due to concerns about Russian supplies, commodity prices soared to the highest level since 2008, and the cost of raw materials is expected to record the largest weekly increase since 1970.

In addition, Musk also talked about Tesla’s fully self-driving system (FSD, FullSelf-Driving), saying that if the FSD Beta 10.11 version performs well, Tesla may reduce the minimum safety score to 95.

Moreover, with FSD, Tesla users can enter their location in the navigation system for assisted driving on highways and city streets. It should be noted that FSD is still an L2 driver assistance system, and the driver is still responsible for the vehicle, must keep his hands on the steering wheel, and be ready to take over the vehicle at any time.

(via)