Business Wars

Tesla vs Detroit | Appetite for Destruction | 4

7 snips
Apr 27, 2022
Elon Musk, the visionary CEO of SpaceX and Tesla, dives into the challenges and triumphs of the electric vehicle landscape. He discusses Tesla's ongoing battle with scrutiny over safety concerns while fiercely innovating Autopilot technology. Musk shares insights on how the COVID-19 pandemic tested the company's resilience and how competitors are scrambling to catch up. He candidly reflects on his provocative social media presence, which seems to both alienate and attract investors, ultimately boosting Tesla's skyrocketing value.
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ANECDOTE

Tesla's China Struggles

  • Tesla struggled in China due to low sales, leadership changes, and a lack of charging infrastructure.
  • Veronica Wu's departure and Elon Musk's resistance to partnering with dealerships further complicated matters.
ANECDOTE

Cadillac vs. Tesla: The Self-Driving Race

  • Cadillac's Super Cruise self-driving feature aimed to compete with Tesla's Autopilot.
  • Other car manufacturers also worked on self-driving technology, but Tesla was seen as having a significant advantage.
ANECDOTE

Consumer Reports and Tesla

  • Consumer Reports withdrew its recommendation for the Model S due to owner complaints.
  • Despite the issues, Tesla owners showed high loyalty, with 97% saying they would buy another Tesla.
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