This is a completely new from the ground up design. As you can see in this video, there are so many different controls in/on this engine for the cooling system and oil that multiple things can happen. At least that is how I see it. From the electric water pump to how the system can go into max cooling. Which might be the case here where it is stuck in that mode.
As for the oil pressure. The oil controls the cam for cylinder deactivation and has a high lift and low lift demand. So if that system has an electrical issue it could be calling for one thing but doing another if it makes any sense.
So this little beast is so new, for me at least I would guess it might take a year or two for things to get ironed out. Heck, look at all the rear window leaks. One would think GM would have had that figured out by now but here we are in 2020 and still having them.
Hopefully it isn't anything serious and they fix it quickly. Keep us posted.
Go too 1:53 for the animation part of the engine.