Article 5MNCC Elon Musk Sniped at Apple Twice on Earnings Call

Elon Musk Sniped at Apple Twice on Earnings Call

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Tesla CEO Elon Musk sniped at Silicon Valley neighbor Apple twice during a conference call to discuss Tesla earnings on Monday. From a report: Although the companies don't compete directly today, Apple is reportedly building an electric self-driving vehicle under a project code-named Titan, and has attracted a number of engineers and executives away from Tesla. When asked about Tesla's supply chain, Musk said that there's a misperception that Tesla uses a lot of cobalt, a key material in the production of lithium-ion cells used in both smartphones and electric cars. "Apple uses I think almost 100% cobalt in their batteries and cell phones and laptops, but Tesla uses no cobalt in the iron-phosphate packs, and almost none in the nickel-based chemistries," Musk said. "On a weighted-average basis we might use 2% cobalt compared to say, Apple's 100% cobalt. Anyway, so it's just really not a factor." [...] Later in the call, Musk made a crack about Apple's so-called "walled garden," which is named because Apple strictly controls what software can be installed on the iPhone through its App Store. Apple's walled garden is facing scrutiny from lawmakers and other companies, including in an antitrust trial that took place earlier this year after it was sued by Epic Games over App Store fees and policies. "I think we do want to emphasize that our goal is to support the advent of sustainable energy," Musk said in response to a question about letting competitors use its charger network. "It is not to create a walled garden and use that to bludgeon our competitors which is used by some companies." Musk then faked a cough and said, "Apple."

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