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The World According To A Maverick, Beach-Biding Stock Picker - John Hempton

The Joe Walker Podcast

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The Immorality of Tesla

Tesla was in this category and has moved to a different category. Tesla... you have to give Elon credit for something. He proved that internal combustion engines with computer control batteries could be better in almost every respect than an internal combustion engine. But he didn't solve another problem, which is how do you mass market manufacture something as complicated as an automobile really cheaply and accurately. And the lack of manufacturing prowess meant that Elon could never deliver the $35,000 car and he never has. It will be easier for Volkswagen to copy Elon's technology than it is for Elon to catch up with Volkswagen's manufacturing prowess.

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