https://qz.com/1294282/the-tesla-model-3-cost-28000-to-build-german-engineers-say-and-it-still-may-not-be-profitable/

German car engineers tore apart the Tesla Model 3 to see how much it costs to make the upstart electric vehicle threatening German dominance on the road. The engineers, working on behalf of German car makers, reportedly broke down four vehicles, according to the German business magazine WirtschaftsWoche (link in German). Musk called it the “best analysis of Model 3 to date.”

Test engineers came away impressed. Panasonic, the Japanese firm collaborating on Tesla’s battery factory in Nevada, brought down the share of cobalt in its Tesla battery cells from 8% to 2.8%. That’s an important line item in the cost of the car, as the cost of cobalt has been soaring.