Economist Podcasts

Model growth: Tesla’s ambitious plans

7 snips
Jul 19, 2023
Joining the discussion are Simon Wright, The Economist's industry editor, who provides expert insight into Tesla's evolving role in the electric vehicle market, and Sondra Solstad, a senior data journalist, who brings a unique perspective on estimating Russian military casualties in Ukraine. The conversation dives into Tesla's ambitious growth plans amid fierce competition and explores how innovative strategies and marketing decisions impact its future. Additionally, Sondra shares intriguing data on the complexities of casualty figures amidst the ongoing conflict, making for a thought-provoking dialogue.
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ANECDOTE

Tesla's Vision

  • In 2006, Elon Musk laid out his vision for Tesla to revolutionize the auto industry by addressing climate change with electric vehicles.
  • This began with the Model S, aiming to dispel the notion that electric cars are inferior to gasoline cars.
INSIGHT

Growth and Challenges

  • Tesla's unconventional approach, exemplified by the Cybertruck, has fueled its rapid growth.
  • However, the company faces challenges as it transitions from a disruptive startup to a major player in the industry.
INSIGHT

Tesla's Market Position

  • Tesla's success is evident in its high valuation and impressive operating margins, surpassing many established carmakers.
  • The Model Y's top sales figures further solidify Tesla's position in the market.
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