How The Man Who Challenged Tesla Went Bankrupt

Подписаться 9 млн

Просмотров 8 млн

50% 1

Faraday Future, a California-based electric-car startup and Tesla's once rival, generated buzz in 2015 as the company poached top talent from Tesla, BMW, Audi, Ford, and Ferrari. Called "Tesla killer," Faraday’s meteoric rise in notoriety occurred on dubious underpinnings - the company did not promise a product, nor did it announce any concrete plans for its first few years of operation. The mystery surrounding Faraday was only matched by its enigmatic cofounder and CEO, Jia "YT" Yueting, the billionaire businessman who founded multiple telecom companies in China but left abruptly to become the CEO of Faraday. We took a look at YT and Faraday Future's promise, the financial woes that led them both to bankruptcy, and YT's relationship with the reanimated Faraday today.
MORE CARS INSIDER:
The Rise And Fall Of Hummer
• The Rise And Fall Of H...
Tesla Tuning Shop Upgrades Model X Into A $175,000 Masterpiece
• Tesla Tuning Shop Upgr...
Why Tesla's Model 3 Received A 5-Star Crash Test Rating
• Why Tesla's Model 3 Re...
------------------------------------------------------
#FaradayFuture #ElectricCar #BusinessInsider
Business Insider tells you all you need to know about business, finance, tech, retail, and more.
Visit us at: www.businessinsider.com
Subscribe: / businessinsider
BI on Facebook: read.bi/2xOcEcj
BI on Instagram: read.bi/2Q2D29T
BI on Twitter: read.bi/2xCnzGF
BI on Amazon Prime: read.bi/PrimeVideo
--------------------------------------------------
How The Man Who Challenged Tesla Went Bankrupt

Опубликовано:

6 июн 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 8 тыс.

@talic182 4 года назад

that awkward moment you have to reapply for a job at tesla

@alejandromansfield6867 4 года назад

JayCen well they’re idiots

@Cars-N-Jets 4 года назад

JayCen Yup

@17RedKnight 4 года назад

"You could not live with your own failure. So where did that leave you? Right back to me." - Elon probably

@saidufofanah2210 4 года назад

17RedKnight 😂😂

@B33333 4 года назад

Yes! Agreed! How can they copy remake same mistakes that’s not reinventing!! Just copy from someone else then saying I make it better then let other guy goes bankrupt 😭😭😢

@syahrifh3777 4 года назад

"The success of a company depends on the choices it makes". yes, and people die if they are killed.

@MIARACING 4 года назад

Dyne Sheriff “people die if they are killed”-D.Sheiff 20’ 😊

@mjmjmjmj4229 4 года назад

MIARACING Emiya Shirou...

@juliangomez660 4 года назад

And people poop if they eat

@DavidJohnson-rd5wy 4 года назад

you're a brilliant one, that's really deep...

@bintangsena2249 4 года назад

archer class servant are really made up of archers !

@fentarasound2914 3 года назад

This man focused too much on his competition that he ended up losing direction.

@user-cd4bx6uq1y 3 года назад

246

@alzheimersgaming6094 3 года назад

He incorporated Sasukes storyline

@kenpachi-12th34 3 года назад

@@alzheimersgaming6094 😂😂😂

@xgrapher 3 года назад

you wouldn't have said that if he was successful, because you didn't say that about Tesla and tesla had almost lost it

@xgrapher 3 года назад

@@fentarasound2914 because if you did, then you're even a bigger idiot (sorry no disrespect just making a point) because Tesla makes it clear that whoever laughed on her during her tough times are nothing but clowns. Didn't you think about it before writing that counter question? check mate dude

@hurleycapetown8420 3 года назад

Don’t know why people are defending him, he preyed on small business owners with a get rich quick scheme and used unregulated channels to get funding, I don’t think it’s right to take peoples money on a high risk idea unless they know the exact risk/reward which it seems they didn’t.He fled his own country which says a lot.

@sincotrodium7385 3 года назад

Who said people are defending him?

@hurleycapetown8420 3 года назад

@@sincotrodium7385 read the comments and see.

@Jerbt 3 года назад

Same as most rich billionaires

@hurleycapetown8420 3 года назад

@@Jerbt think being a billionaire makes you rich u don’t need to say a rich billionaire.

@eRIC-dm4ch 3 года назад

Man, that guy is a crook, do a background check on him in China and you will know.

@Derpy1969 4 года назад

I don’t think tesla was ever challenged by a company that never shipped a car.

@incognitos4342 4 года назад

Eriamjh 1138 7:50

@incognitos4342 4 года назад

Neel Javia but a challenge was technically issued

@crptc5707 4 года назад

It's just a bluff, the real purpose is money laundry for high ranking bureaucrats in China.

@incognitos4342 3 года назад

Neel Javia agreed

@FingerinUrDaughter 3 года назад

to be fair, tesla never produced anything actually worth buying.

@defeatedaxie6311 4 года назад

It's like a scene in iron man 2 Tony stark vs hammer

@fuwariiz1178 4 года назад

Nana ALL aye it’s nana-

@victorsevilla8763 4 года назад

add mo ako sa ml IGN: CarbonaraVirus

@batmeme9349 4 года назад

pfp sauce?

@thelawL 3 года назад

@@victorsevilla8763 Hi Skin begger

@victorsevilla8763 3 года назад

@@thelawL i did not ask for skin i only want to make friends

@Rayshod 2 года назад

Crypto investment is great unlike the stock market and other financial market, crypto has no centralised location since it operates 24hrs in different part of the world

@robertgary125 2 года назад

You're right I think Gold and Crypto are the best to invest right now☺️

@camielvanderveen3341 2 года назад

Trading crypto with Expert hanna macko has been a game changer for me

@textbenefitwithhannamackoo7463 2 года назад

How do I contact hanna macko?

@RebecaSantiago736 2 года назад

Really y'all know her? I even thought I'm the only one she has helped walk through the fears and falls of trading

@franciscar_binarias 2 года назад

I met hanna macko last year By the first time at a conference in Manchester, I invested £ 25,000 and traded in one month making close to £ 144,070

@eXtrem1s 3 года назад

You dont defeat a company by copying everything they do. The fact that their company's name is inspired by a scientist shows how much they wanted to copy tesla.

@GG-ms4qp 2 года назад

Riot Games: "wut"

@michaelsalituro9179 2 года назад

Tesla copied BYD. And got seed money from U.S. Government. And has operated at a lost every year, if it was merely about producing cars and selling them. Only reason for any profit is Branding that relates to shares and Carbon Credits. Without milking the U.S. Government, Tesla would also have been out of business long ago.

@JackAss-xo3gp 2 года назад

@@michaelsalituro9179 Was that suppose to be a bad or a good thing?

@wut9282 2 года назад

@@michaelsalituro9179 I wouldn’t really say “copied BYD” but I guess they have similar ideas. And also Tesla’s are way better that byd cars lol. They have also had a profit since 2020

@novideos9144 2 года назад

they copied everything except the bankrupt part 😁

@pepper0075 4 года назад

Too ambitious and lack of focus, they didn't know if they were a car company or a tech startup.

@Haske0 4 года назад

The whole thing was a scam from the start…

@mmoarchives2542 4 года назад

should've been a tech startup, then gradually moved into the car industry once all the tech was developed, it's a dumb idea to build the product before the plans are made

@WingedEternitys 4 года назад

Franko007 were?

@bestergester4100 4 года назад

ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-HA18oyyG-xg.html

@sciencemanguy 4 года назад

To be fair, so was Tesla. They're both a startup and a car company.

@simplesimpleman 4 года назад

Tried to take on Apple, Google and Tesla almost at the same time. Gimme a break.

@diojoestar4766 4 года назад

You can't complain. the dude on your profile pic is trying to go against two yonks at once. And also the admirals and Blackbeard in near future.

@simplesimpleman 4 года назад

@@diojoestar4766 Love you my man. Must be one piece fan. 😍😍. More precisely anime fan.

@harleyworldrecord9567 4 года назад

U forgot Harley :)

@Cyrx686 4 года назад

@@diojoestar4766 that was unexpected

@diojoestar4766 4 года назад

@@Cyrx686 Nor was the Spanish inquisition

@reinhart482 3 года назад

Would love to hear more stories like this revealing true financial history.

@novideos9144 2 года назад

he will make them dont worry its his job

@ceruleanmemoir 3 года назад

If only he knew the power of memes and anime then he could've beat Elon.

@yuckfou514 2 года назад

You can't beat a guy who appeared in both Rick and Morty and MCU lol

@GamingWimpGW360 2 года назад

The nost reddit thing I have ever read

@novideos9144 2 года назад

@@GamingWimpGW360 after r/wooosh

@novideos9144 2 года назад

@Abdullah Faisal anime is so unrealistic

@GamingWimpGW360 2 года назад

@@novideos9144 r/GoOutsideLol

@lingxiaowang6907 4 года назад

He does not "go bankrupt" He was bankrupt before he even started

@thepolymathuniverse9694 4 года назад

*did not*

@MifuneTakumi45 4 года назад

If anything said to try to take on something already exists and are popular I'd already know it's gotta be Chinese. Also true that

@prasadlahane5486 4 года назад

Same goes for Japanese because Steve Jobs said so

@Aw4yed 4 года назад

The respect hasn't been killed it hasn't existed😐😂

@arcpolar 4 года назад

True, before he came to US, his LeTV has already bankrupt and he ran to US to avoid being detained. And he keep telling his investor for LeTV that he will go back to China "Next Week". He became a joke in China, his "Next Week" promise has never been fulfilled.

@CL-em1tk 4 года назад

He should've just bought Tesla stock with all that money..

@ibejibenson6065 4 года назад

If he invested in Tesla early last year he would be about 7 to 8 times richer, unlucky guy...

@cutiebaliwFreedownload 4 года назад

yep too late now.

@chabland 4 года назад

@@ibejibenson6065 Well he still managed to scam billions from investors, so not all bad for him i guess?

@royalbank5567 4 года назад

He could've.

@husseinfaiz3397 4 года назад

@@cutiebaliwFreedownload not really, tesla stocks fluctuate like crazy, but its getting much bigger in the longrun.

@CounterRyu 3 года назад

Elon Musk talked about how Tesla almost failed. Jia didn’t listen, he thought he was better than Elon musk

@vip-cw1st 3 года назад

This is the only comment I've liked. U got it. People in the comments aren't getting it.

@Void_from_Abyss 2 года назад

@surya prasad b nice comment😂😂

@steven5054 2 года назад

He probably thought he could get money from the government too

@mothertruckersparadise3260 2 года назад

Tesla is a failure it has not made a profit.When the subsidies to buy teslas go away the sales will drop to 0

@mothertruckersparadise3260 2 года назад

@surya prasad b His actual cash holdings are probably less than 20 billion. The corporation he owns known as Tesla Motors has never made a profit.. It doesn't matter how many vehicles he is sold he has still not made any money on them. 550000 is nothing compared to the Earth to the 68 million vehicles in the United States. You're also talking about a. Over 10 years. General Motors sells millions of vehicles a year as in tens of millions.

@litnationforever4032 3 года назад

"YT ventured to take on Apple and Google" now that's taking on more then you can swallow.

@ucsucs3722 3 года назад

*looks at Epic Games*

@Leo-jf5hz 4 года назад

YT stands for "you tried"

@tabalyagio9372 4 года назад

TrqHardPvP 😂 nice

@JupiterKnight 4 года назад

Yes

@Nero_PR 4 года назад

But failed

@prettyboyjay432 4 года назад

Or RU-vid

@stiky5972 4 года назад

*You tried* -so hard, and got so far, but in the end, it doesn't even matter- ...

@cryptopunk888 4 года назад

silicon valley is littered with people like YT. there are so many smart people with ideas. to execute the strategy is so difficult.

@jibrankhantareen7300 4 года назад

Too much soy?

@dopemusic6414 4 года назад

Z z you correct. We often only hear about the successful

@greekguytalks 4 года назад

magicians they call them.... they smoke you're money away by assuming they have great ideas that know one understands cause its a scam. Banks use to do that until 2006 so they created another industry with the stolen money from investors. They basically washing money and instead of NYC its California Silicon Valley

@TechCrack 4 года назад

Jibran Khan too much masala

@bestergester4100 4 года назад

ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-HA18oyyG-xg.html

@Naza_44 3 года назад

That smart bicycle thing sounds pretty neat!

@TacoLuchador 3 года назад

I remember they used to call this the “Tesla killer” 😂

@SpyFromMarsZeus 4 года назад

This title makes him look like he failed challenging Tesla. No, he failed everything.

@vinodkumaraug 4 года назад

@BBD Design so many people are afraid to take the very first step

@codyeastwood6217 4 года назад

@BBD Design Your mom is grammatically incorrect,

@timmitoz1380 4 года назад

I agree but he had a vision. It's just that he wanted to make a huge success out of everything instead of focusing on a selected few and making baby steps one at a time. If I were him I'd have prioritized on the car and the steaming service. The car would open up his chance to using new devices together which would eventually link up with his streaming service.

@HaHa-gg9dl 4 года назад

@Brian Hi Brian, are you Brian Lie or Brian Tanady

@saul5891 4 года назад

Brian are you calling him successful?

@newspaperbin6763 3 года назад

Their cars actually look dope.

@abdmobashir3494 3 года назад

"It looks perfect but useless" - El presidente

@JuniorJuni070 3 года назад

it looks like a honda...

@ElectroUA 3 года назад

@@JuniorJuni070 or restyled Leaf, imo

@JuniorJuni070 3 года назад

Electro UA “ restyled leaf 🍃 “ lol

@ForceInEvHorizon 3 года назад

Abd Mobashir lmao nice farcry 6 reference

@neilrotoni9170 2 года назад

YT: Teslas over! Elon: Let me finish this Falcon 9 real quick

@mslmn92 3 года назад

He's like the Ja Rule of the automotive industry. and Elon is 50 Cent

@tonyelsom6382 2 года назад

@@rlc6810 Money hoarder?..yeah right..

@isaiahholcomb3055 3 года назад

Don't forget Tesla was on the verge of bankruptcy as well, so be humble.

@zipity2782 3 года назад

But they didn’t have the hype, public support, and resources and people that Tesla spent more than a decade overcoming the lack of it.

@James42_ 3 года назад

Lol, Elon musk runs spaces as well,do you know how expensive rocket is???? He launched 3 at that time

@itsalecsteica5243 3 года назад

Yeah.. they were, but it's a different story.. the combustion car manufactureurs wanted to destroy tesla for being a threat to the car industry... I know what you mean, but it's a different story

@challenger1717 3 года назад

Bankruptcy is just a way for them not to pay their bills and taxes until they get back on their feet

@theamazingparkerC 3 года назад

ehh no.

@oscarguzman6440 3 года назад

He had a 7 billion dollar net worth, all he had to do was live.

@ieatgrass108 3 года назад

Some people want more power wants u have some, you want more it’s just human nature.

@oscarguzman6440 3 года назад

@@ieatgrass108 its ironic isn't it the wealthiest people think like the poorest while the poorest think like the richest.

@jonathanjacobo612 3 года назад

You get drugged in wanting more. It’s just human nature to continue. It reminds me of breaking bad that the trill of it is exciting. “Selling drugs” which was the concept of the show. Same goes here, he wanted more money.

@Evan-ve5yj 3 года назад

It’s human nature to want more, even if you’re a billionaire. Ppl get bored way too easy

@electronresonator8882 3 года назад

yeah, until he actually died, or totally handicapped, he is more or less has no problem in his life sure he failed here and there, but I see poor people experience the same situation and that's truly hell for them without 7 billion dollar to support their life during those times

@silentstormstudio4782 2 года назад

our history tells a lot of story of people from low level challenging high level and wining , like ferarri vs lamborgini .

@yuudesu 3 года назад

Those actually looks great. Absolutely futuristic

@youtubeadmin1588 4 года назад

Never heard of him and you’re being far too kind here, he’s a fraud through and through.

@rv8804 4 года назад

Thats part of the quirky chinese culture. It's a feature not a bug /s

@youtubeadmin1588 4 года назад

R V right and communism is good, not evil. They’re Not suicide nets, they’re human being retention happy nets. Just quirky chinese being quirky.

@youtubeadmin1588 4 года назад

Trang Lam it’s not pollution, it’s happy green no no juice. It’s not poisonous lead on toys killing kids, it’s happy night night time for american kid. It’s not slave wages it’s happy chinese good fortune making. It’s not toxic smog it’s happy smile clouds you say nice thing about quirky chinese lest we harvest your organs wait did I say harvest organs I meant happy cutting time u Chinese dinner we quirky chinese.

@tiansili 4 года назад

he was a visionary but lacked expertise in manufacturing and over-promised results. It's not fraudulent at all.

@spencerwells1328 4 года назад

"Never heard of him and you're being too kind here, he's a fraud through and through." How would you know if you never heard of him?!

@mayurdhamale4583 3 года назад

We look up to Elon musk now just because he is successful now. There is no reason to downgrade this man, things don't always work the way you want.

@freshmediaconcept 3 года назад

Well said and People should check d Elon interviews. He at one point felt they wouldn’t make it himself with over $55 million of his own money

@ke4827 3 года назад

Thank you. It is saddening how quick people are to just dismiss this guy's efforts just because things didn't pan out favourably for him. The important thing is that he tried. Something which a person like Elon would really appreciate. Also Elon himself was on the verge of bankruptcy in the year 2008. But he successful made his way out of it.

@hoangh1023 3 года назад

Thank u for this comment. Yes, it's like some people love to see others fail so it makes them feel better about not even trying.

@ayshb2150 3 года назад

Not to forget they are not above foul play.

@brianm3160 3 года назад

Especially today's world of social media They want to see you fail so as they can talk about you

@raidedcluster 3 года назад

If he named his company "Edison Future", he would've become rich.

@novideos9144 2 года назад

and if I keep my name Jeff Bezos ill lose my hair

@ahmedkotwal4970 2 года назад

😂😂😂😂

@Nhatanh0475 2 года назад

Well properly :v

@jeant6502 2 года назад

I almost choked on my bread. Lmao.

@aquafin3970 3 года назад

Always focus in a field which you know about. Never focus on competitor success

@leviathan3998 4 года назад

Their cars looked cool as hell.

@edgarh252 4 года назад

Leviathan I mean it’s unique like the Tesla Cyber Lineup.

@zhiliw3582 4 года назад

But is didnt work

@MadStyle1911 4 года назад

Yup, and the CEO 's ego got the best of him, which ultimately caused Faraday to go off the rails.

@vicious2811 4 года назад

Cool as... what?

@TwitchCybul 4 года назад

@@vicious2811 hell

@real_madara 4 года назад

Answer is simple: *there cannot be two Elon Musk at the same time*

@angcil88 4 года назад

There wasn't, and there isn't. He is "YT" no matter what company he builds 😂

@haziqsembilanlima 4 года назад

@gnomon goat their way of thinking are different, so Steve Jobs isn't Bill Gates and vice versa. The statement above applies well here

@MysteriousStranger08 4 года назад

@@haziqsembilanlima Thats not quite true, if your company wants to have a competitive edge in the industry them you'll need to have different thinking and objective compared to others (reason why Tesla is successful). They both operated and competed in the same market until around the the late 90s and 2000s. Both companies then found their own unique markets and dominated them.

@xim40 4 года назад

Not even in the parallel universe 😂

@silent_takedown8216 4 года назад

One shall stand, One shall fall

@techbirdtv3942 3 года назад

Very Informative

@canthandlechange8 3 года назад

his pride and the fact that he focused too much on his competition rather than his ambitions got in the way of his success lmfao

@novideos9144 2 года назад

what is lmfao about that

@Nhatanh0475 2 года назад

He focus on other too much that he forgot where he stand.

@whenly6690 2 года назад

@@novideos9144 lmfao

@MrTeff999 4 года назад

Why do I keep hearing “Tesla killer” or “BMW killer”. It’s really a stupid, nonsensical phrase.

@Nobodyss21 4 года назад

Mr. Teff Chinese fake dream

@bravodefeated9193 4 года назад

they love labelling their product with bunch of nonsense

@ClavinZKL 4 года назад

And thats why they fail cause people missphrase stuff if u call an unknown company a tesla killer ofc they wont succeed

@dankmemer2774 4 года назад

Mr. Teff saying that is the same as admitting whatever it is you are the “killer” of is great in its own right.

@bravodefeated9193 4 года назад

@@SyafriMukhrizal enjoy your subpar chinese product, also tesla doesnt advertise

@alonsogabriel9336 4 года назад

Summary of their failure for me: Focus Financial

@cheesecakelasagna 4 года назад

For me as well, thank you!

@idzkk 4 года назад

Its not that easy

@alonsogabriel9336 4 года назад

@@idzkk summary. If you know the meaning.

@WhereverHugo 4 года назад

Yeah, he stuck his fingers in too many pies

@creativelifewithgrace994 3 года назад

stay grounded and never compete with others else, you'll lose your own direction and will lead to a great loss..but then again, with the hope he gained a valuable lesson and find a will power to move back up again carrying with him knowledge and wisdom😊

@novideos9144 2 года назад

nice quote

@rinkyouma2320 3 года назад

I hope they become a successful company in the near future. Their cars look awesome!

@mishaespiritu4828 3 года назад

I know right, they genuinely look cool.

@BadassBobY 4 года назад

Tesla : *Exists* Le-eco : I am about to end my whole career...

@real_smilegamez 4 года назад

this is gr8

@brian4461 4 года назад

Lmao

@goodboi9097 4 года назад

Lol

@Maddy-ht8pg 4 года назад

under rated comment !

@BadassBobY 4 года назад

@@Maddy-ht8pg thanks

@sauravkc7875 3 года назад

He challenged tesla by watching elon musk motivational quotes.

@dnhdfnfkrjxjxfjjggj3002 3 года назад

😂😂😂😂😂😂

@veluanandhan4105 3 года назад

😂😂😂😂😂

@zaidarif5500 3 года назад

Well they Say practice untill your Idol becomes your Competitor 😆

@dnhdfnfkrjxjxfjjggj3002 3 года назад

@@zaidarif5500 true bro😂😂🤣🤣🤣🤣

@jsthereforfun1648 3 года назад

He also cheated small investors

@sea1tie1 3 года назад

From a car guys perspective: a highly anticipated debut only to show case a very unrealistic concept car; fast forward not too long afterwards, the FF91 is revealed. As it turns out it's a forgettable $200k SUV that malfunctions in front of its first audience. Also, no factory.

@novideos9144 2 года назад

didnt understand anything

@Tea_Scott 3 года назад

7:06 quite the awkward handshake 🤝

@gravitytown 3 года назад

He just had the worst 2019: - Lost all share in FF - Filed for bankruptcy - His wife left him - His kids can't attend expensive school no more This is LIFE

@franciscojavierpallore3534 3 года назад

Le Jia went Le Broke

@anon-le9fp 3 года назад

At least he knew now his wife isn't loyal

@kapitantutan2215 3 года назад

Women choose guys who are handsome and guys who are rich nowadays

@witheeeeeerx 3 года назад

@@kapitantutan2215 Not handsome, only they choose by money

@FearUniverse 3 года назад

@@witheeeeeerx Yea. And elon musk's wife probably loves him cause of how rich he is

@arjunbhatia7271 4 года назад

Not gonna lie their cars look kinda fire

@canaryplays1248 4 года назад

Every concept car does

@tklyfe 4 года назад

These guys should stop competing with Tesla and make cars for TV. Would really reduce on the time a sci-fi movie/series takes to make.

@RitchieGlens 4 года назад

Hahaha 😂 your always commenting on videos 😂

@Yellowscorpionx 4 года назад

EƏ

@wilfriedsteinbach8700 4 года назад

leFire

@TinyFord1 2 года назад

The world wasn’t ready that’s all. Give it 30 years then someone will do this again and succeed

@diesel701ful 2 года назад

Probably 30 years from now you will have already a lot of people selling these cars and getting a space into the market would be more difficult. It's just a matter on how you do things and what do you propose to the market. The last sentence was right: it's just a matter of choices

@buko353 3 года назад

This shows that you should never get too cocky, know who is the boss

@RayMak 3 года назад

It takes more than money to beat Tesla. You'll need a crazy CEO

@DVZM. 3 года назад

Hello Mr. Mak. Have you already practised the piano today?

@tomatocharro348 3 года назад

Bruh your everywhere

@fapking9033 3 года назад

Found ya

@sanchitmehta6513 3 года назад

We met again 😂😂😂

@pavithran5133 3 года назад

@@tomatocharro348 ikr

@harshitjotwani7604 4 года назад

Lesson's I learned: 1. Never jump industries. And focus on the one thing you do and master that industry. 2. Cash flow statement is very important. You must never neglact it.

@john3260 4 года назад

What about Amazon?

@SoulDuckling126 4 года назад

@@john3260 amazon cash flow is a whole nother level, bezos's company really big (cash & valuation) it's special case.

@zzm2405 3 года назад

what about Samsung?

@PaulS23 3 года назад

Remember that Musk jumps from digital payment to electric car to space shuttle to battery and to brain-machine interface.

@shawnsheep5141 3 года назад

If he stayed in the same one, his investors would notice it was not profitable and retracted the investment. He needed to throw out fancy ideas to bank money from naive investors.

@sutats 3 года назад

When you're all in, timing is key.

@kemalasaridina1898 3 года назад

Most people think that startups have lots of money, but as a person who once worked in a startup company backed by a major group, I can assure you that their accounts are full of loans 😂

@novideos9144 2 года назад

How your startup doing now? I hope better than them

@seekrehab 4 года назад

YT just working on his new project: “LeBankrupt”

@shawnsiya4132 4 года назад

Lmao

@johndanielesquivel1790 4 года назад

Lemao

@morningstar9198 4 года назад

Lmao

@NoteBlock110 4 года назад

Lmao

@AC-iz7eh 4 года назад

Lemau

@JustAnNPC69 4 года назад

Elon is driven by passion and vision. He was driven by money.

@loudermusic 4 года назад

elon is driven by profit.

@herowyattm9453 4 года назад

Leandro E. Louder and passion and vision

@josephfield6903 4 года назад

[insert car pun here]

@razeenwow7157 4 года назад

True

@coluurs5660 4 года назад

Leandro E. Louder that’s why tesla barely makes profit right

@georgiogeorges6323 2 года назад

Most people wont even try to achieve their dreams big ups to this man

@novideos9144 2 года назад

lol it wasnt his dream he just copied tesla

@kiv_daniels 3 года назад

Those car designs are cool tho!!

@88thBusStop 4 года назад

If you owe $10K, you’ve got a problem. If you owe $10B, the bank’s got a problem!

@ambitionsskyyyy 4 года назад

Lol yes

@mohammadahmed7837 4 года назад

😂😂😂😂

@Nhatanh0475 2 года назад

There is no bank, just small business investor. (take my word as a grain of saint)

@Pablo-bo2ru 4 года назад

Welcome to the comment section, where everybody is a 14 year old entrepreneur with million dollar advice. EDIT: My point is, if everyone is so smart and knows how to manage this and what to do, why aren’t you running a million dollar company?

@snakeeyes466 4 года назад

Dead 🤣 🤣🤣.... and true

@SameerKhan-nd5qb 4 года назад

Lol

@hata6290 4 года назад

Pablo thank you

@MrVarunparmar 4 года назад

Writing a used comment doesn't make you an adult either...

@russyraiwalui5851 4 года назад

@@MrVarunparmar stfu

@somtovitus 3 года назад

Beautiful voice-over

@JohnDoe-yx7jw 3 года назад

Entrepreneurs like these don't lose they learn more from this experience and accomplish more than 100men in their lifetime. It's a business that didn't work and was badly handled it happens

@MONi_LALA 4 года назад

Bruh, his company was so unfocused. No wonder he failed.

@Laotzu.Goldbug 4 года назад

The whole thing was just a CCP backed corporate subversion attempt. Unfortunately for them they backed a scam artist. I guess they're going to have to pick a new frontman for their economic warfare. edit:sp

@justinelayug9647 4 года назад

ye he just wants to take on everything

@moonlalune8003 4 года назад

Too much too early... But he's a good risk taker alright... Its just his timing...

@Snow-xd4rv 4 года назад

@@ziwer1 What happened?

@Snow-xd4rv 4 года назад

@@Laotzu.Goldbug What's a CCP?

@Watchdog-vf8ug 4 года назад

You know you’re a non car guy when you say “it looks like a batmobile”

@candoalotmore 4 года назад

😂😂😂😂🤣

@jackbj 4 года назад

it does tho

@74uwu30 4 года назад

You know you're a car guy when you have an ae86 profile picture

@aries0329ab 4 года назад

You know you're a car guy if you have an *AE86 TRUENO SPRINTER, COUPE, W/THE JDM VERSION OF IT, also also the fact that's you watch Initial D, so the fact that you have the panda design with the black hood, yeah you're a car guy.* ALSO ALSO: *4AGE ENGINE W/MODDED FOG LIGHTS ON THE FRONT OF THE BUMBER-* I WOULD SAY MORE IF I I havnt forgotten the specs- Oh yeah the *Fugiwara Tofu* logo on one of the sides of the door.

@veorangejuice733 4 года назад

@@74uwu30 *HACHIROKU*

@mamba4942 3 года назад

Business is like rolling a die, you never know which number it'll land on. All we can do is hope for the best

@Pavfixers 3 года назад

Rolling a dice*

@TYCOIX 3 года назад

@@Pavfixers die is also dice

@ExtrusionXDesigns 3 года назад

@@Pavfixers It's rolling dice or rolling a die, dont try to correct people when ur wrong. Says a lot about yourself honestly.

@VanilleBedat 3 года назад

Trust me anyone watching this right now is in search for innovation that will change the way we work,and only the new age dream traders are willing to share and not dribble.

@milda5020 3 года назад

Do you trade? Because some of these dream traders are like ghosts, really good but almost unreachable.

@kelly-oz2ux 3 года назад

But, Why are most person being dodgy about how they made money in 2020? We all know what's been buzzing for months now, so why the dribbles.

@VanilleBedat 3 года назад

of course, most of these experts are obviously running a decentralized system with new tech, they're only willing to talk to who is ready, I know a guy tho.

@jackie-gp3xl 3 года назад

But if one has all his saving in bitcoin, it might be a bit dicey when the central governments outlaw it.... I guess i would be better suited in gold and US treasuries.

@whatsapp4947 3 года назад

@@VanilleBedat Nice trading platform.. I have seen his(Mr Elton) trading algorithm and portfolio set ups Amazingly standard.

@user-lg8gd8bl5i 4 года назад

The CEO was listed by the Chinese government as a "Credit-broken person" because he owed a lot of money to suppliers and investors and did not pay back

@blackumbrella6199 4 года назад

Loan him more money then, so he could pay the previous bill, then you loan him more and on and on.

@phillylove7290 4 года назад

@@blackumbrella6199 What you said as a joke is literally how Democrats in congress think America should run

@papaburger 4 года назад

@Sychrari so what is socialism in your own words ?

@disbsam333 4 года назад

@@phillylove7290 like 80% of Chinese companies are managed this way. It's insane.

@papaburger 4 года назад

@Sychrari then what do you think is communism ? And what are the steps that you mentioned ? I have to ask because many people use those words differently.

@charlesii5353 4 года назад

He’s sorry for not paying back his investors but yet he still has 4billion, real sorry

@jonahtillman9608 4 года назад

Charles II net worth, probably not liquid cash

@RoflcopterLamo 4 года назад

Theres a difference between net worth and actual money or bank account

@charlesii5353 4 года назад

LOLOLOL LOLOL liquidate assets and pay back investors, but he won’t. He probably has enough untaxed currency in off shore accounts that he could pay investors back with, considering its probably their money....but clearly he doesn’t want to pay taxes on that hard earned “cash” just to pay back dumb ass investors....

@lizicadumitru9683 4 года назад

@@charlesii5353 yep

@LoggyWD 4 года назад

@@jonahtillman9608 all cash. He sold all of his stocks when they were high and lended back to the company. The investors own him money now.

@renebetancourtiii1456 3 года назад

All the money in the world doesn't beat heart❤️💪

@icarorodrigues8501 3 года назад

"How the man that challenged Tesla went bankrupt?" He challenged Tesla, you just said it

@jimindecarlo9356 4 года назад

when youre 3B in debt and live in a mansion. when you're 5k in debt and live in a small apartment. #winning

@aureliousofphoenix7811 4 года назад

0 in debt. Homeless

@ammolator 4 года назад

I don’t understand. When we’re in debt we are fucked meanwhile trump, 50 cent, this guy etc file bankruptcy and still live in mansion.

@NBASFAN 4 года назад

@@ammolator filing for bankruptcy doesn't mean you're broke.

@libertyprime9891 4 года назад

@@ammolator Unlike what the flung turds and CNN would like you to believe, Orange man bad isn't broke.

@AlexiasPlaylist 4 года назад

@@NBASFAN it just means you don't want to pay back what you owe and because your rich the legal fees basically don't exist. Isn't it nice having a legal system that vastly benefits the rich far more than the poor. Silly dumb poor people pretending like they're people too

@potatoteemo 4 года назад

Daddy Musky

@asdfghjklzxcvbnm6874 4 года назад

error: task succesfully failure

@laur-unstagenameactuallyca1587 4 года назад

hahahha

@ilebillybobjoe 4 года назад

Ironic

@goldsilvervscrisiscollapse4320 4 года назад

basically it followed the same path as Tesla, but Tesla was already there. Also, Tesla too is burning through billions and barely scraped into profit this year. They too will fail.

@pumahuhu365 4 года назад

@@goldsilvervscrisiscollapse4320 Obviously market thinks that Tesla will survive. Barring the massive recall and earthquake in California, Tesla has probably much better chance to survive for next 5 years than FCA/PSA or Ford. If you say it will fail please put a timeline for it, because if timeline is long enough everything will fail.

@kaedentieu7930 2 года назад

I swear I saw that sign on a car before...and I’m in Australia lol.

@mannothot5872 2 года назад

This is in fact a bruh moment

@cthulhuhopp4506 4 года назад

After they went Lebankrupt they must have been leraged

@riccards 4 года назад

Lol

@sprytez9781 4 года назад

*savage *explosions

@ItumelengS 4 года назад

All because they don't have LeGM

@hotdognobun9823 4 года назад

Cthulhu hopp what does LeBron have to with this😂

@katelynsloth5055 4 года назад

le epic bro

@dicksun512 4 года назад

The car was not bad at all, only the guy was a fraud and the whole business was a doomed project from the beginning

@410kane 4 года назад

Kinda like delorean

@Snow-xd4rv 4 года назад

@@410kane What is delorean?

@eggman5586 4 года назад

The car wasn't an actual electric car. Just because it looked cool doesn't mean it's a good car.

@Snow-xd4rv 4 года назад

@Lut Haqimi What is dmc

@dicksun512 4 года назад

@@eggman5586 I think they did "release" a production car that is pure electric on a motor show but didn't really actually release it onto market as it was planned.

@hotmandead1 2 года назад

Building a modular Frame that any car can use is slick !

@florenciovela7570 3 года назад

I've ordered the cyber truck tri motor fsd. can't wait! may order the S dual motor as well..i got lots of solar to charge both..

@joewarner6360 4 года назад

Wow, this guy owes billions and is still living a billionaires life like nothing ever happened.

@avelus5984 4 года назад

Mostly scam money. He is a thief that got away with his crimes.

@cxx00616 4 года назад

This guy owes billions and no one cares, meanwhile, my bank threatens a lawsuit when I'm $5 into the red 🤣🤣🤣

@avelus5984 4 года назад

Julie L. I feel bad for you. 😞

@steve0826 4 года назад

@@cxx00616, Well, if you are guilty of a genocide, then one life or two won't matter much ......

@djrx2 4 года назад

Unlike the U.S president?

@ima2319 4 года назад

Their logo looks exactly like Auntie Dot from Halo Reach lol “Fall of Reach”

@quantumrain4774 4 года назад

Their logo was pretty cool

@dariusmil873 4 года назад

When you try your to bash a Chinese company :)

@treepeenbawlz1934 4 года назад

cheat code who’s bashing them? you weirdo

@mra2zee 4 года назад

cheat code are you Chinese?

@truthseeker7518 4 года назад

See that logo ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-OVHKE-jHFho.html

@najamomo5226 3 года назад

The cars and bikes looks great. I hope that he indeed manages to repay at least some of the people who invested in him back.

@norapadilla6557 3 года назад

PSSSH hell na rich people lost money to a dummy oh well

@nerusual 3 года назад

The title had me laughing

@ZedekiahNS 4 года назад

Elon musk: Looks like they can't handle the neutron style

@lucky-mud 4 года назад

Black Fire gaming wait this meme exists in English too?

@ZedekiahNS 4 года назад

It always did

@adrianatgaming8640 4 года назад

@@lucky-mud wait lmao you dont know it came from english?

@lucky-mud 4 года назад

AdrianAtGaming omg no I’m hispanic I only ever saw the meme being used as “no pudo aguantar el estilo neutrón”

@siamulislam8213 4 года назад

The neutron style? What does that mean?

@tonycrabtree3416 4 года назад

If someone is a billionaire, why would they need “investors”? Oh, yeah so you go bankrupt and they don’t lose their billions.

@Th3Siam 4 года назад

Exactly, but Elon didn't do this, he put is own money in aswell. I guess he's pretty different.

@jst1man 4 года назад

You are wrong and got the whole thing bent. If you have money you take out loans on that amount, so you don't put your money in jeopardy. The fact he defrauded lots of people is a Ponzi scheme. He should be thrown in a whole and never let out.

@haroo86 4 года назад

Would you put all of your money in 1 investment or project? Its how very smart rich people stay rich... why use your own money when you can use someone else's.

@somerandomchannel382 4 года назад

The kicker for Faraday was they couldn't carbon-copy their competition. Like QQ with ICQ. Or WeChat with WhatsApp. Tesla technology and AI-based geolocate GPS tracking service is a secret. And noone will ever unveil that secret.

@muttenmong5509 4 года назад

Tony Crabtree he worked at the local tax office so he knew the tricks and how to do it. Spot on!

@Nensuzhenfo 3 года назад

Fun fact: Elon musk is not the creator of Tesla. He's the head investor that has been called out to become te CEO of Tesla.

@exoticco-6839 3 года назад

Co founder

@rene3759 3 года назад

Who is the creator, why don't they praise them more? I don't understand why praise the person who gave money over the actual genius who created it?

@anisarashid4277 3 года назад

@@rene3759 well without Elon Tesla wouldn't have even succeeded

@kashu2588 3 года назад

Nice one

@pja5194 4 года назад

How to name a futuristic car company: Step 1: copy some famous scientist's name

@aswandanawawan 4 года назад

Step 2 : .......... Step 3 : Profit

@yeahaight5683 4 года назад

@@aswandanawawan south park reference that many wont get

@neobr1ck 4 года назад

Step 2: Let the guy who has been a notorious fraud in China for a long time yet totally not known to common Americans organize the stuff. Step 3: The company blows off as it should be. But you are still rewarded handsomely. A scam doesn't make its profits from its running anyway.

@bri1085 4 года назад

Edison car company soon

@nass419 4 года назад

Step two: Call the models model

@Kukus-xy3gi 4 года назад

YT: we'll destroy tesla Tesla: Lenope

@alrifat9419 3 года назад

If Elon Musk had all that money when he was starting Tesla/SpaceX...

@BananaBoySUS 3 года назад

he had 107 billion from paypal ...

@alrifat9419 3 года назад

@@BananaBoySUS For two companies, not one.

@BananaBoySUS 3 года назад

@@alrifat9419 you bangla desh?

@litnationforever4032 3 года назад

So Elon I wasn't serious about that old car company. You know I was joking right.

@nufsioohay 4 года назад

And yet he can still live in his mansion comfortably...

@kamuelalee 4 года назад

Not if he's actually going back to China

@nufsioohay 4 года назад

@@kamuelalee he escaped China to avoid paying off debts. The fact is he gets to live in a mansion while owing billions of dollars whereas companies do what they can to get a few hundred from the lower/middle class

@johnwhodat8135 4 года назад

Not for long.

@kamuelalee 4 года назад

@@nufsioohay The report states YT is going back to China to face the consequences of his actions: He's still in trouble with Chinese law. But whether he actually goes back is another matter.

@marcelnight1978 4 года назад

He is not broke I can guarantee he still has millions in some off shore account. As for going back to China yeah right what fool would do that. That's a death sentence or life in prison being beat .

@chaoticmist1668 4 года назад

well he tried to take on everyone honestly, not just tesla.. and that was his downfall

@frankun8755 4 года назад

Honest is the thing this guy lack the most.... If you know his history on doing business at the very first hand, you will never believe his company will make any real good products at all.

@plainmainaccount5554 4 года назад

Not really. Something like that could honestly be done, but with the right people. He was a fraudster, maybe at best a crappy businessman who was only in it for the money. That was his downfall

@GeekProdigyGuy 4 года назад

@@plainmainaccount5554 and even if he was honestly trying to succeed at all these efforts, he would be ambitious to the point of foolishness. taking on Apple or Google for one major product is imaginable. simultaneously taking on every major tech company in 7+ different markets is insane

@petersmangalisongoma2013 4 года назад

Take on everyone SIMULTANEOUSLY... didnt he have a team to warn him

@seancheng2710 4 года назад

@@petersmangalisongoma2013 When the team is on the same boat, they have tunnel vision.

@showgirlsaroundtheworldada4484 3 года назад

This ought to be good. .never heard about this before now

@Neil_Creates 3 года назад

He didnt quit❤️

@pardin_vp6650 3 года назад

Not gonna lie, the car looks doper than the Tesla tho

@chicxulub2947 3 года назад

it does!!! Much better looking design

@karlhans6678 3 года назад

Elon Musk should hire their designers.

@50shanks 3 года назад

Not hard

@lindapaul3726 3 года назад

DID YOU KNOW that the Very Large Array, based in US state of New Mexico, is made up of 27 antennas that work together to act as one giant dish? With an effective collecting area over 13,000 square metres, the VLA has been used to to make key observations of black holes and how planets are formed.

@pardin_vp6650 3 года назад

@@lindapaul3726 well no, because I don't live in the US

@lVltizzleCVFC 4 года назад

“Deep pockets in China” Doesn’t seem sketchy

@yomomma8972 4 года назад

I found you

@wildfire9280 4 года назад

@Hernando Malinche How is recognizing China as a more than sketchy authoritarian dictatorship racist?

@yummystuff7831 4 года назад

Bruh it’s 2020 I thought we were past that🙄

@archanarakesh7015 4 года назад

Can somebody explain me this comment

@hyp3rx312 3 года назад

I gotta say, the cars look amazing

@novideos9144 2 года назад

dont go only on the looks

@hyp3rx312 2 года назад

@@novideos9144 haha if I was rich, that would be the only thing I would care about

@novideos9144 2 года назад

@@hyp3rx312 lol same

@rolandsamuel2750 3 года назад

That still leaving in a mansion in California dat alone shows everything still good man.

@Windows98R 3 года назад

He lacked the seemingly invincible plot armor that Elon Musk possess

@godsstrength7129 3 года назад

Elon is an engineer not a businessman

@PolarBearSeal 4 года назад

"I fought the Elon, and the Elon won!" -YT

@mel_arky 4 года назад

or LeElon xD

@diazzsama 4 года назад

Congratulations, Elon

@steampunkskunk3638 4 года назад

Elon did not need to fight him. He just watched as YT took himself out.

@maikoe7198 4 года назад

Musk would rhyme better

@KhoaNguyen-rk9dz 4 года назад

sleeping dogs karaoke, is that you??

@youcansave15ormoreoncarins75 3 года назад

Man, this is one reason to focus on you and not on others, sure thats how the market works (oligopolies) with the competition. But just do what you do, be committed to what you do, not worry about what others are doing. The reason why Ford and GM are so successful is because the founders were so committed to what they did, not what the others are doing. Eventually you are gonna succeed, not like the others companies but its gonna be comfortably big and people are gonna hate and love you for your commitment.

@DerDudelino 3 года назад

It's odd they didn't just launch a bunch of their products - you know the simple ones like the fancy looking electric bike. Just to bring some cash in.

@novideos9144 2 года назад

they directly wanted to launch an electric car perhaps