Investor Day was filled with description of how Tesla operates vastly different from other companies. His bench is young, trim and committed. Also, they are drop-dead smart. I don't think other companies can match that team. Elon has a genius in putting together companies like SpaceX and Tesla. That story has never been told.
Keep in mind this is probably what Ford was back in the day. I bet everyone wanted to work for them, when they started making this revolutionary thing called the automobile. It seemed to many like magic. All the people involved were "revolutionaries". Now we consider them old and slow. Eventually the speed of change will slow and we will see Tesla in the same light. I hope I am wrong, but it seems to happen in all industries.
Thats because he is a smart man unlike a company like intel for example thinking in the past the ex ceo of pepsi would be a good ceo for Intel. Most rational people on the street could tell the stupid board that was a bad idea unfortuanlty the boards of many of these companies are full of the same stupid rich people usually born into money.
For me, the halo has really gone from the cars. I bought shares before any car ($360, so still down from last year as yet) but the AI and future potential for pushing tech forward is what I look to Tesla for.
I would dearly love to drive a Tesla, but as a retiree, it's out of the question. At present a used Tesla costs more than a new one, in many cases, so that is not an option. Other EV's with high desirability, like the AWD long range Mach-e are even more costly. A point here is that the Mach-E is a much nicer looking car, but the the Tesla charging infrastructure is so superior that I would choose a Model Y if I could afford it.
@@bigbirdwpg This is your chance to buy one at the lowest price ever plus $7500 tax credit will augment your spending. Since ur retired, rewards yourself a Tesla that NO ONE will give it to you. I owned 3 Tesla bought it last year at high prices but no regrets. Also buy shares and keep it long term. I bought shares back in 2010 when Tesla was in infancy. Patience is virtue....
@@carpark1414 Buy more to cost averaging...growth is compelling to buy same when owning Tesla EV. Take advantage of price reduction and tax credits. Take it from me I owned 3 Tesla 2022 no regrets compared w/ my 2 MBenz that I got rid of it before deliveries of my 3 Tesla last year. But I bought it at high prices. Not going back to drive ICE cars again...
Close to $120k in my portfolio are in TSLA stocks, can I get an suggestions on any other stocks that I can acquire to diversify my reserve across multiple markets while creating a comprehensive portfolio allocation that balances my concerns of risk aversion and returns that meet yearly inflation??
Good question the U.S. economy is falling apart at a frightening pace and that means that a lot of stocks are volatile at the moment I have $60k i want to transfer into an s&s isa but its hard to bite the bullet and do it...
@@KingDavid-jj7tk There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of a Financial advisor...
It's really great summarize and demand is scaling to infinity because prize can goes to Zero! (or beyond). We have tons of model of free-up-front or free-to-play that monetizes the product afterward.
@@FromFame you know how Ford advertised the Maverick to be an affordable hybrid truck costing less than 20k? Yeah, that ducked up and the base model now cost the same as a base F-150 from 5 years ago: ~27k. Nobody wants to pay that much because of markups. The average new car price from 2022 spiked to over 45k, which handily is about the cost of a Model Y, and if Tesla can really make the 25k car with a decent range, people will always flock to the least costly product including that with more bang for the buck (see Hyundai/Kia) and it's just about game over for the competition.
Gosh, what a Q&A session. I'm always just blown away with what Tesla has done, is doing, and will be doing in the months, and years to come. GO TESLA GO!
Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $560K for sometime now, my major challenge is not knowing the best entry and exit strategie;s ... I would greatly appreciate any suggestions.
You have to get a financial-advisor/broker to aid you diversify your portfolios to include commodities, inflation-indexed bonds and stocks of companies with solid cash flows, as opposed to growth stocks where valuations were based on future potential earnings
@@sandraalexia3745 I’m new to all this, heard it's a good time to buy and basically I've just got cash sitting duck in the bank and I’d really love to put it to good use seeing how inflation is at an all time-high, who is this coach that guides you, mind I look them up
@@sandraalexia3745 I just looked up Tracie Lee Paige online and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals.
According to Reuter's analysis of the EV industry, Tesla's profit margins come from keeping production costs in check by constantly optimizing its manufacturing process. Profit for the year hit $12.6 billion, more than doubling since 2021 and beating the expectations of most analysts. They make 8x more money per car than Toyota, the world's largest automaker. Tesla has taken on a century-old auto industry and is a profitable enterprise making EVs on a global scale. Kudos to the disruption and the future of the EV marketplace.
Why is the world's richest person not wearing a wrist watch even at a very important event. It shows the level of intellect of the person and how he value things in life. His priorities are different and the only ambition is to make contributions to humanity for sustainable life.
I stutter during speech and over the years that has really kept me from speaking up in public. Seeing Elon and others who kinda speak like me on stage not trying to be eloquent motivates me to turn a blind on my speech limitations and focus more on the content on my messages. I think the world will be a better place if the nerdies(or field experts) as opposed to the eloquent are at the forefront of organizations. This is evident in Tesla and all Musk's companies.
@@Tony_Heisenberg He has a new position and is Chief of the north american manufacturing plants. Just came out, he will overlook the construction of Giga Monterrey. Tom wants to set a new record: Start in 3 months and completion in 9 more months.
People are worried more about the next product but totally overlooking their progress in process thus far; spoiler alert, this process will be built in on the next "product." Maybe we as Tesla investors are so spolied that we do not understand/appreciate that these progress makes SCALABILITY possible and that is their main goal, not your next 2 qtr stock price target. Bravo, Tesla team.
People just want the products they've already reserved (Cyber Truck) and paid for (FSD). Even the semi is in Cyber Truck territory right now where not much more than a prototype has been released for one customer to ship fluffy lightweight potato chips who probably signed an NDA not to release the range they are getting. If you can't deliver on products announced 4 years ago you really shouldn't be announcing new products. Tesla stock is going to tank tomorrow morning at the open. The thing that really hurt is when Elon said no new models or remakes were coming out, because it would mean retooling and shutting down the factories. I was so looking forward to a new Tesla model even a remake that would make the price drops make sense if they were trying to unload old stock for the new generation.
@@rickybobby7276 "If you can't deliver on products announced 4 years ago you really shouldn't be announcing new products." That's why they didn't announce anything new yesterday because efficient factory/process is their new product. They are working to finish off MP2 and then in order for MP3 to live, they need to have figured out how to reduce cost without taking away value from consumer and allow scalability to be feasible.
My son is currently running a private programme for new, older or none financial investors on his private trading platform which has been very successful
@shubham mali yeah, it’s not important for him to know 100% of how the system operates. What’s impressive is his ability to build these teams, and his ability to understand their main functions and abilities. People for some reason expect him to know everything, that is illogical. That is the point of him being on a stage shared with 20 brilliant minds.
Elon's team seemed very capable and that's why he is able to spend some time at Twitter. I don't think the doubters should complain about the Twitter hangover anymore.
Incredible insight, especially the underlining concern on affordability than evolving segment production line. Elon with great team co operation with consistent presentation in view of the future are balance ingredients for sustainability. God bless you guys 🙌.
Great comments around “the limiting factor”…….hopefully eye opening for media, analysts an competition and their employees….I can only imagine the conversation going on in Legacy Auto companies this morning. Entrepreneurship should be very motivated!!
My son is currently running a private programme for new, older or none financial investors on his private trading platform which has been very successful
Just starting to understand amazing brains at work and also balance technology that can be used as a weapon. Tesla people are exceptional. Elon your a great leader and futuristic thinker.
We can't colonize Venus planet but we can use availability of mineral resources at ground and atmospheric gas present in Venus planet for future fuels generation. Excavate mineral mines of Venus planet and collect atmospheric Gas for future fuel energy
The transperancy, willingness to share technology and open conversation that Musk promotes, which is evident in the the amount of people made available to answer unrehearsed questions gives me hope. Other companies and influencial organisations on the planet should take note, smart guy, this is the way forward.
Excellent great programme Today. Very nice . You have taken very important section heart of the part now. If you plan fully do this ,obviously you will be success . For Global development ,Energy is the more important section. Everything is related with energy. For better civilisation it is necessary .Need great and right planning......Thanks
Vastly underestimating the utility and value of V2G bidirectional charging. The aggregated capacity of a city full of Teslas has enormous potential. Daytime, at work cycling x 1 hrs steady discharge kW. Power in the right location - urban and suburban load centers - and at the right times. CA charging logic is diff from NY and TX - different grid problems to solve with different tariffs/values to motivate transactions.
Love Elons answer on how many models Tesla projects going forward.... he's so right about Cars being churned out with such a variety of models , like he said it's variety for the sake of variety , they are much the same and a different model doesn't necessarily mean a good difference
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that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s your financial advisor or coach, do you mind hooking me up?
I've actually been thinking of reaching a portfolio-adviser, my 401k and stocks been losing everything it's gained since 2019, mind if I looked-up this one coach you use?
Honestly, How can I be part of this project I earnestly hope to build a strong financial future I'm interested to take part, who's the person behind your success?
When i drive on the highway and see windturbines i cannot stop thinking that the 4 wheels of my car turning at high speed are also windturbins...woth potential of generating lots of current
Damn, looking and listening to Elon is so fkn hypnotizing ))) His mimics is not human, he is llike from another galaxy and the way he explains difficult stuff easy for undestanding is just brilliant.
My son is currently running a private programme for new, older or none financial investors on his private trading platform which has been very successful
Bruh that moment at the end of that man's answer at 14:30 is killing me gagahhahahah that stillness everywhere in the room xDXD it was like the sound of the ocean, it was like the sound when you pick up the phone and no one's there, it was like when you're at a concert, but you're deaf lol
I don't know if anyone else noticed, but when Elon stops and he doesn't say anything, he always seems to be in deep though, and he looks like he has these incredibly unbreakable concentrations.
How do keep a battery from dying a backup generator that would be a Alternator Nikola Tesla made in the past. Wireless charging would be way better then plugging into a car if they are in parking lot and on FWY carpool lanes that would keep a battery full.
My son is currently running a private programme for new, older or none financial investors on his private trading platform which has been very successful
It is common to use dual source or more to avoid surprises. It is also ideal to get from different COO. For big and unphased-out materials, TSLA can acquire the company or partially own to secure permanent supply. How much demand you want to make will produce the data for supply and logistics.
Are we all ready to leave the motor, leave the oils and fuels, the resource consumption. Are all the vehicles going to electric? How far? How fast? How powerful? Who is the consumer target? Are we logistically and resourcfully ready?
I understand your AI concerns. That is the problem with certain technological advances, some want to use those advances in a manner not conducive with extending the longevity of the existence of humans here. Thank you for sharing this segment here, as I missed it yesterday. 😇
When Elon Musk spoke about supply chain, building the vehicle, it inspired me about fundamentals. What I was inspired with, is the concept of have. Someone can be driving a car, or riding a car from the out-sider perspective, so like a 3rd person view, which will appear as if the car driver owns the car. If they are able to use the car, they must own the car, and owning the car is perceived as having a car, or to have a car. But what if that car was shared. But what if that car was rented. But what if that car was bought with a loan. People might admire car drivers to be powerful, special or cool, but that can be a false perception. Owning something, having something, or to have something, comes responsibility, and this thinking can be applied to other ownership concepts. I was riding a car since I was very young, but I didn't own the car, my parents did. To the poor, I guess I would sound like a spoilt, previledged person, who was undeserving of such luxury of riding a car. But that kind of thinking, that younger generations are spoilt, is a backward thinking harm to humanity, which is close to the idea of crime. I was on a car, riding a car in the backseat, up until the age of 20, much more than After my age of 20 to 35. So I was rich, not financially rich but experience-wise rich, because the industrial revolution and education system of the west made western people more rich, and now I'm poor because I don't agree about things like the concept of Mercedes-Benz working in the modern time and era of 2020~2030. Back in the 1960s, the concept of Mercedes-Benz dreaming of a car for everyone, was probably ambitious and correct. But dreaming of a car for everyone, in 2020~2030 is too simplistic and flawed as a concept to make money or milking money. Maybe people are subliminal, thinking it's a given that human happiness is connected with travelling. And since the tool like a car is more efficient to travel and do duties, people are blindly assuming that the production of cars at the rate of 1960s is at high demand in the 2020~2030 era. I'm actually much more interested in fossil fuel, hydrogen gasoline, and electric EV, than this fantasy dream that we are sinfully forgiven to have pride in such material power.
I’ve always felt that logistics is extremely important being a former car dealer. I was always shocked by the expression. Well there’s an asked for every seat. I never agreed with that they put seven dollar an hour people in charge of the inventory in a dealership. Having the wrong cars at the wrong time in a high interest rate economy can put you out of business. To my point at the moment down here in Fort Lauderdale I’m looking at dealerships with a five month supply of cars. How does that happen? They are paying the wrong people too much money. They don’t have any respect for Logistics. The only respect they have is for the car sales people, they get all the money. And of course, it’s also true that Tesla is cutting into their happiness.
May I also ask about the Tire consumption? What will the effects that will have on our environment and the need for rubber. More travel will mean more tire consumption? What will the return be for the on sight technicians, repair and disposal?
@Elon Musk Been a fans since the first Tesla appearance. Love the work you are presenting the world. Gives us a sense of direction. Been a techy since fifteen yrs old and a big auto fan. Have worked on many vehicles, Tesla gives me the most challenge, wish to experience in owning one one day.
@Elon Musk Worked as a car porter once and experinced operating the small sports version of the Tesla line. Quite surprised with the response on the acceleration of the vehicle quite and a bit overwhelming but fun.
If I was there I would comment that at present, less than 5% of the energy produced globally is renewable, ie: wind and solar, etc. For instance California where the rulers are trying to force adoption of EV's, cannot supply power for the present demands, and 54% of their power generation is from fossil fuels. Where I live, (Manitoba Canada), almost all of our energy comes from hydro electric, but not all areas can do this. How does Elon and his team see a way to overcome this shortage vs need?
Wow, what a short sighted question. Moving millions of tailpipes to hundreds of large ones opens up massive possibilities for carbon capture and resume at economy of scale… just to name one.
I am so looking forward this book! I think this book will be a kind of ending of a cycle; all the way from understanding power to understanding the sublime, which is actually human life on its entirety.
Does the electric vehicle have the same measurement as far as safety and crash incidents. How safe is it to break apart for safety personal to acccess when in case an emergency or a accident happens?
It’s main purpose was clearly to show that Tesla is bigger than just the voice of Elon. He was intentionally held back from assuming center stage and it’s clear that he’s been humbled by the board into letting the rest of the team speak. It’s a great step for the team and Tesla. What was or wasn’t announced is really a big nothing burger.
Just because you don’t understand it doesn’t mean it was nothing. Stop pretending like you know why the stage is the way it is, or that he was humbled by the board or whatever. You have no clue.
@@mubbywub Stop pretending you control how I understand things or don't and what I can say about it or not. I entirely understood the presentation and the most important take away from it was Elon taking a back seat to the rest of the team.
Since you claim to know what you're saying, what proof do you have that he was humbled by the board? Did you get notified by the board, that they did this, prior to this event??
This is me the next generation Tesla will only cost $20,000 and then we deduct is $7500 IRA tax credit from that so are we have to spend is $13,000 for a brand new Tesla?
