Tesla is misunderstood - Elon Musk explains (Ep. 600)
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- Опубликовано: 14 май 2024
- Tesla is many companies in one, explained by Elon Musk. All-In interview of Elon Musk: • E69: Elon Musk on Twit...
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![[2022] Elon Musk Explains Updates To Starship And Starbase!](http://i.ytimg.com/vi/3Ux6B3bvO0w/mqdefault.jpg)
when Elon speaks you never get the feeling that he's trying to hide anything or obfuscate in any way. it's so refreshing compared with the politicians and CEOs we are so used to hearing.
Most of the time he’s unscripted. His hesitations are him calculating the answers in real time.
It also adds to the amount of BS he speaks outside his areas of expertise, unfortunately. But when he‘s on a subject he‘s passionate and knowledgeable about, it‘s refreshing. True.
@@fredbloggs5902 Its calculated also in what he doens't want to share and what he does. He is absolutely not open about many things going on at tesla but he shouldnt be. Many things are under development and are the real competitive advantages. No reason sharing that.
@@MnemonicKariboo please provide an example of his BS.
@@fredbloggs5902 With you. Elon may exaggerate timelines (as any good CEO would) but straight BS I have not heard.
This is one of the best places for Tesla information that is clear and concise that you can find on the internet. Thanks for all you do Dave. Here's to 600 more episodes!
When the stock market is back up, you will wish to have invested today in the red. you may never see these prices again. There’s always opportunity within chaos you just have to got the eye for it.
These are the conditions where life changing money is made to those that stay calm, are patient, and take controlled risk. Volatility goes both ways. Larger the red candles the larger the green ones.
I am easily triggered/highly emotional and that could be detrimental to my portfolio. I wish i am patient and systematic person. day trading is not for everyone and multiyear holding is not for everyone. i know my strengths thats why i need proper guidance to be able to venture.
@@jessicamoore3093 I couldn't agree with you more, I had my share of ups and downs when I first started looking for a consistent passive income, ultimately called out to an adviser " *Eileen Ruth Sparks* " for aid, and following her advice, I poured $30k in value stocks and call options, up $200k so far!!! retiring with no worries next year
@@chris-pj7rk This is remarkable, how can i reach this person?
@@jessicamoore3093 look up the net, her detailed info are there.
Before Tesla came along, Tesla’s method of manufacturing cars is actually how I imagined auto companies made their cars. I had no idea they outsourced everything.
it is actually cheaper to outsource most parts
@@funnkyone7659 is it though? They can’t crack 10% margins. Tesla approaching 30% margins.
@@funnkyone7659 no way it's cheaper. Only if your useless at making stuff...
@@robertbroadbent2522 o course it has good margins as it`s a very poorly made car with a premium price tag, get in a tesla, test it, then climb into a premium merc or bmw or japanese car and feel the build difference
@@monkeysezbegood it`s not economically viable to buy all the machines if you compare a tier 1 supplier that makes parts for more than one car manufacturer, plus you can`t make them all in america as the wages there are pretty high.
Tesla is an ecosystem, and one I’m an advocate for at this moment. 💯
Lot of Tesla shorts out now from the comment section. Just want to say thanks for all you guys do, the laughs and the discounts both.
Wonderful 600th episode.
Thanks Dave, for all your work.
Dave, your videos provide analysis, useful to newcomers as well as frequent viewers. I like that.
Thanks, Dave! Great summary and clips. Thanks for including the link to the interview. I missed it.
It's good to hear Elon come out and say what a lot of us have been thinking about the advantages Tesla has.
Cathie Wood outlined all these years ago.
I understand the event management software (ERP) WARP for Tesla was designed in house which must give them incredible control and flexibility.
Apple has iOS while Tesla has tOS! None of the other OEMs have gOS, fOS, hOS, vOS, etc. They can't catch what they don't understand.
Great review, as a newbie to Tesla investing I really appreciate your work.
What a great summary. Thank you so much for your always enlightening presentations
Another class video, thanks Dave! Always so clear and easy to understand x
Dave when you post your next video could you show us the horse Elon gave you?
Thanks so much Dave, a great listen.
Excellent, clear analysis and commentary, Dave, as usual! Thank you!
Really great info Dave. Elon is always engaging when he explains Tesla technology.
This is a great cut of the interview! Thanks Dave!!
600! An amazing amount of good work! Thanks Dave!
This is so true! How can you sell Tesla stock??? Just can’t understand lol
Adding stocks gradually and average price went up from 400 to 730 but no fear!!
Just picked some TSLA up under $750, and set to buy more if it goes below $700. Two or three years from now people will say how lucky we were to buy now. Luck has very little to do with it, same way when I bought at $300 before the split in 2019.
Congrats you're underwater rn.
You people are about to get cleaned out.
@@RenegadeRanga Yep. I'll keep buying on the dips. TSLA would have to trade below $200 before I'd be in the red.
Dave, I've respected your reports for years and I actually feel like you are engaging in a conversation. I've greatly benefited from my investments in the last five years. I believe in Tesla and I believe in Elon's direction, but I don't think the world at large can sustain itself until these ideas from my childhood finally come to fruition. Russia is stroking nuclear threats, American democracy is crumbling, There is no global initiative to fix the climate.
I want Tesla to succeed, I know it will, but I am worried that external societal pressures will screw it up.
American democracy was a mistake though. It was supposed to be a republic without universal suffrage. The crumbling after that corruption is a positive thing.
Thanks for bringing this to us Dave! I didn't even know Elon did this interview. Great to see him in good health and with his fighting spirit. Legacy autos were given every chance and advantage but now it's time to just let the chips fall where they may.
Hello
Thank you for all of the details explanation.
There is a tremendous amount of stuff that "they" don't get. I just had a discussion (argument ha) with my brother about how it is so hard for some folks to see possibilities until they are actualities. Everything is impossible until it isn't.
This is so good and helpful. Thanks Dave
Legacy automakers don't have a hope of creating rival engineering teams. There isn't enough talent. The best of what there is will naturally go to a small number of companies.
Awesome explanation and commentary!!
Make that 100,001 Dave...I ordered my Y with FSD on Sunday 🎊🥳🎉
@@brunoheggli2888 No my Range Rover Sport is the mistake my friend
Great work Dave, as always!👍😀
Tesla is teaching me how to appreciate a business
Till people and wall street think Tesla is just another auto company, its good for Tesla investors IMO. The more it is misunderstood, the more it gives opportunity to buy Tesla shares at low prices.
you're dead right. I thought that people would have caught on by now but it seems that one thing we can rely on is the low intelligence of the general public. long may it continue (well, maybe we could do with a bit more intelligence when voting)
...that's why it's call speculative. If there were actual numbers backing up the valuation, it would be an established company, with dividends and more subdued growth. At this point, much is based on promises.
It really is a gift. The PEG is
@@bluetoad2668 Exactly half the population is below average intelligence. 😉
@@beachcrow yes but it gets interesting when the population you averaged is different from the population you're comparing. Not a popular path to take but very revealing regarding education levels in different countries.
Thanks Dave. Great as ever. Out of interest any idea how Tesla insurance premiums would change once FSD is solved? That is, if FSD is used more than not, would Tesla just apply some standard rate - since it couldn't base the premium on "how well you drive" data? (Since Tesla itself (FSD) would be doing the driving).
In UK, legislation being prepared and insurance companies considering manufacturers as “insured” party in event of accident during level 5 autonomy.
Yes likely to be country specific but the focus is moving away from the owner paying insurance and the operator taking on the liability
Personally, I've always felt that if fsd is driving (once it is complete), than tesla should be responsible.
Owning a car that can go anywhere in any weather condition anytime without human intervention is a distant dream. Will not happen in your life time. So don’t worry about it
Well summed up. Thanks Dave
🤗🧐THANKS DAVE … GREAT SUMMARY 👍😍😍😍
Episode 600. Thanks Dave
Nicely stated Dave
This was a terrific clarification by Elon.
Wow 600 episodes! Keep up the good work Dave
Ah I remember seeing that interview on the All In Podcast episode 69… nice
Lol...
Love the thumbnail image and text.
You are right.
If all car dealerships disappear, I will lose exactly zero hours of sleep.
Hi Dave, thank you for your content. Does Tesla also use non-FSD car data for NN training?
Yes they run FSD in shadow mode on non-FSD beta cars. They can determine how often the driver did what the car was planning to do
Couldn't agree more. Definitely misunderstood. Loved your take on this as well.
Very good video, thanks Dave. Best regards, Michael.
mercedes gotten approval for level 3 autonomy in germany, what do u think of rising compeition to the fsd ?
This is the very thing everyone needs to understand that is different from legacy auto.
There was a time you bought a hifi set at the audio store.
There was a time you had to update your phone at the phone store.
There was a time you had to develop your filmreel at the photography store.
🤣
...now you have to have your Tesla serviced at the Tesla store.
@@AudiTTQuattro2003 I don’t own a Tesla, but aren’t most repairs done over the air?
@@markehrensperger1460 No all, like mechanical moving parts.
Any idea when Tesla Insurance is coming to Europe?
Great video Dave, Thanks
Well done Dave….loved it !
I love your commentary. You go straight to the heart of each point Elon makes and add to the discussion.
Happy episode 600 🎉🍾🎊
Dave, Thanks for taking Elon’s comments in All IN, conference & expanding on it! You are an invaluable resource for Tesla community. I look forward to your videos!!
I look forward to your videos ❤
Hey Dave, considering Tesla as many business in one. Which do you think should be unbundled and get listed? Supercharger? Tesla Energy?
If they demerger each company will need to justify their viability as a separate entity, whereas they currently work in unison as part of the whole. The goal of cleaning up energy through smarter products is much better served with a team that has a common purpose.
Thanks, Dave.
Dave but the big, big point is how this speaks to valuation. If each entity (sub-entity) is given a value then the whole of Tesla is made up of this composite value and then some. To me that's part of what's misunderstood as well.
Def thought Dave was interviewing Elon from the thumbnail lol that needs to happen!
Dave, you are the Elon Musk whisperer! Thanks for this and other enlightening videos on EM and Tesla!
Another great video, thank you.
Wow! Elon is on fire in this interview!
Tesla cars are crappiest cheap plastic trim that rattles and breakdown and ranked 34 th in reliability by auto experts. Tesla is a cult religion and Elon is Benny Hinn and his sheep is happy to donate money for overpriced junk to their cult diety like Benny Hinn.
...sounds more like he's in trouble. Lots of promises, with long, long deliveries on them. The problem with faith is, you can't measure it.
Tesla is a company like no other. If we all invest some amount towards Tesla, and at least own some shares of this company, in 10 years your mind will be blown, by the quality of life improvements alone😀
...or we could all invest in public transportation, like trains and metros. That would really make a differece.
@@AudiTTQuattro2003 Now I see why I shouldn’t have bothered with replying to You.
@@AudiTTQuattro2003 yes public transport is important too. However not everyone lives in cities or suburbs, so there has to be multiple choices to answer the new energy transport needs.
@@AudiTTQuattro2003 Currently, a lot of public transportation uses ICE vehicles. As more EVs get made, the motor and battery technologies will improve and get cheaper, thus making electric-based public transportation more practical and affordable. So there doesn't have to be a competition between choosing EVs or choosing better publication transportation.
Congrats on 600.
Tesla (3:04) "make so much of the car." Mary Barra makes so much stuff up.
Im in uk can i join the fsd beta?
With regards to Tesla insurance, I don't think legally you can change the rates frequently(it takes time to get approved).
Other than that, the incentive to drive safer and save money is a no brainer.
Please provide the source for your claim that it’s not legal to change rates ‘frequently’.
@@fredbloggs5902 lemonade's last earnings call when talking about rate changes.
Did anybody do an actual comparison between quotation of Tesla insurance vs other insurance companies for a car? And comparison between insurance quotation for Tesla car vs other cars?
l was travelling through Ireland in 2017____ stopping along the expressway to refuel, the Service Centre had in one corner about 12 Super Chargers in preparation of the Future uptake of Tesla cars___we never saw one Tesla during those 9 days. Tesla is always planning way ahead! This is one of the BIG things that sets them apart!
We missed you for a few days Dave. Needed this thanks
Excellent!😃
nice dissection
❤ Very informative ❤
Put simply “Tesla made greater net profits in Q1 than Ford and GM combined, matching those of Toyota. Tesla is different to other car companies by being more vertically integrated and this increases profitability by controlling costs and by innovating better cars. There is an EV tsunami coming to the car market and Tesla is surfing high on that wave”
Dave, I have an idea for airplane safety that I would like Elan to know, how should I go about sending it to him?
Great 600th episode!
Tesla is kind of like Apple’s integrated model, not only making both hardware and software but also provide all kinds of car services for charging, insurance and so on
I haven't seen any CEO that has the level of technical knowledge like Elon
How could you not be bullish on tesla after watching this
I am a Tesla shareholder and an ardent Elon Musk fan. In my opinion, one of Elon’s greatest strengths is his willingness to try things and, if they go pear-shaped, to admit that he made a mistake, correct it and move on. I am also a big Dave Lee fan. Your analysis of Tesla and the stock market is always cogent and Elon pays attention to your tweets. Watching the Twitter saga devolve into a personal smear campaign against Elon and seeing Elon waste his time hiring hardcore streetfighters for a new litigation department is like watching a modern-day version of the tragic stories of Midas and Icarus. Can you think of a way to convince Elon to just walk away from this accursed Twitter deal ($1B breakup fee notwithstanding) and get back to performing his "everyday" miracles, like sharing his vision for Tesla in Master Plan Part 3, wowing the engineering world with Tesla AI Day #2, and launching the first manned spaceship to Mars?
I worked at a competing and preceding company, and yes, you can put GPUs in a car ffs. We did it with 2 1080s, cooling was not a problem. The cars weren't constantly out to run over people, interestingly.
Very cool - for the stock market though it needs to be translated into numbers ..... which would mean they would need to circumnavigate around the Shanghai lock-down constant pressure ..... ? otherwise things will continue to be shaky in the short term .... in the long term things look positive ....
Those are good arguments, but what is more important continuing to put your energy as the chief creative officer into what your company can really be or put your energy into the culture war that you are putting your energy right now. At this point I am ok with that because it will bring Tesla to a great new entry point level for Investors.
This is the first time I've heard "Tesla OS"!!
The MOST difficult task in the world is hiring the most brilliant minds on Earth to join a capitalist venture for an affordable cost.
Imo Elon's missions inspire brilliant minds to perform greatly. It's not magic people.
Attracting talent is Elon's doing.
Fantastic acheivement is the team's doing.
Yes! Tesla is a huge conglomerate that is focused on one thing (you missed that Dave!); they are focused on solving the public transportation system and saving the planet !!
And then when the humanoid robots come, they will solve the labour problem and free humans, finally, from ever working for survival! If anyone wants to work for pleasure, then he or she would be free to do so!
Thank you
I don't understand why someone would pay a lowly flight attendant a $250,000 severance if there's not some smoke there.
Exactly. And Elon has repeatedly said that he would never settle if he's in the right and never fight if he's in the wrong.
Basically, Tesla is an engineer; other auto companies are just like a factory worker. Both are building cars. That's the only difference here. BTW, Tesla silicon is a huge deal and it could be much better if we can know a little more about this team. As far as I know, Tesla used air cooling for the FSD board at first, and then changed to liquid cooling to improve heat dissipation. If that still hold true until today, I would say that their FSD chip is not that "power efficient" like Elon said.
The V2 FSD chip will be 7 nm.
He`s really quiet on the robotaxi😀
This interview was a musk-see! Still amazing Tesla does what it does without freakin' marketing/advertising
Dave are you buying the dip of Tesla? What's % chance Elon will buy Twitter? Love your work.
When Elon said that about 1 Mil will have FSD by the end of the year, I wonder if that means he will distribute it to all who bought it in those countries that allow it?
Golden video.
Who does the shaving for Elon? Looks like he should vertically integrate that also instead of out sourcing it to someone else.
Elon is very concise and getting to the point. You can always learn something new from his talks
Thank you for the great video.
Tesla to the moon 🌚❤
TSLA is a super athlete. Plays Football, Baseball, Basketball, and Hockey! 😉👍🙏
You’re becoming an Elon robot. He’s tanking the stock with his tweets and you guys are ignoring it because he responds to you periodically. We don’t care about being his friend we care about our money
Exactly I am wondering if these are paid shills….Tesla does no adverting but how do we know all these RUclipsrs aren’t sent out to promote?
@@sirus312 they are super robots. They’re doing it to grow their fan base. Guys tanking the stock and they won’t even criticize him. Tens of thousands are losing money and they’re acting blind
Elon's losing his mind like Howard Hughes.