The Prof G Pod with Scott Galloway Office Hours: Online Sales for EVs, Should I Take A Voluntary Severance Package? And Unconditional Love
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Dec 7, 2022 The discussion dives into the booming world of online car sales, particularly for electric vehicles, and how it's reshaping traditional dealerships. Listeners receive insight on the nuances of taking voluntary severance packages and its impact on career moves. The conversation shifts to the essence of unconditional love, illustrated through personal anecdotes, including a profound moment with a son during a night terror. It highlights the importance of nurturing emotional bonds in relationships and parenting.
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Online Car Sales
- Most car purchases already happen online, with dealerships only handling fulfillment.
- Dealers now profit primarily from post-purchase servicing, not the initial sale.
Dealership Decline
- Auto dealerships will likely consolidate and decline, similar to malls and movie theaters.
- Car manufacturers might buy back dealerships or offer direct-to-consumer models.
Tesla's EV Dominance
- Tesla's strong brand and early adoption give them a significant advantage in the EV market.
- While their market share might decrease, overall sales will remain high due to market growth.