VW officially says they can't keep up with Tesla's production | CRISIS MEETING !!!

[@DblOSmith]

I'm so glad Tesla is doing this. I remember reading car magazines for 30 years and thinking "A new model? Let me guess: 2 more mpg, 5 more HP, 1 more inch of leg room." The car market has been long stale and stodgy. More than happy to support this disruptive technology.

[@campelodemagalhaes]

Amen to that!

[@Chainyanker007]

If you don't already have one, start saving for a Tesla, I drive a '20 Tesla MS, best car I've ever driven, just fun to drive, btw, in my youth I was a hot rodder. Amazing thing to me are the software updates that come out about every 3 weeks or so, although I had two this week. Each update adds functionality to the car, it gets more capable with time. It is now a better car than when I got it in early 2020, back then the EPA range was about 370 miles, then a s/w update took it to low 39O miles, then another one a couple of months later took it to the current 402 miles. Have you ever heard of a car that can go farther over time by just pressing a button on a Tesla mobile app to carry out the update? VW, GM, Ford, Toyota, where are you?

[@commuterbranchline8132]

I picked up a M3 LR today, joining Team white. I have driven EV’s since 2013 from Nissan Leafs, Hyundai kona 64 and Kia E-Niro 64. After a 100 mile initial drive, the Tesla is simply years ahead of everything else, period.

[@bru512]

You have varied experience. Can you elaborate?

[@commuterbranchline8132]

@@bru512 from 2013 driven Nissan Leaf 24, 30 and 40 kw for a combined 250k miles ish over 5 years. Kona 35k, good car, Kia enviro 35k same running gear as Kona but larger boot and rear seat. Now M3 LR. Made in China, paint is excellent, fit and Finnish as good as any BMW I’ve ever seen, overall a positive start.

[@737smartin]

Congrats on your Tesla and 'hat tip' for your early (and frequent) EV adoption.

[@allanbartram1849]

I love to read first hand markers like this- reinforces my opinion that globally Tesla already has the lock slammed shut on the best reputation- it’s going to be like cool aid globally trying to convince the kids that Coke is not that cool

[@commuterbranchline8132]

@@allanbartram1849 Tesla are just about to dominate the EV space with the opening of the Berlin and Austin factories. Every quarter production and delivery will be bigger than the last with the Model Y set to sell like hot cakes as production ramps. The release of a lower cost model, CyberTruck and archiving cost parity with ice vehicles will be very bad news for traditional manufactures. We live in interesting times.

[@roryreddog3258]

DIESS: “why… Why… WHY!!! Did I turn down the Tesla CEO job offer from Elon” 😢🥺😩😫😭

[@ST3FFAN036]

Well, at VW he has the bigger challange 😅

[@abou8963]

I think Diess can still transfer. He did not polarize and take sides to destroy. I think he is loyal. Mistaken, but loyal.

[@roryreddog3258]

@@ST3FFAN036 haha yep, like how long can I delay bankruptcy 😬

[@roryreddog3258]

@@abou8963 well I think that’s off the table now. Diess would also be one of the richest people on Germany with the crazy stock options he would be sitting on right now.

[@SLee-vj4px]

@@roryreddog3258 he better get out soon and take his stock options and sell them.

[@alsmith358]

Pace of innovation is all that matters. Company culture will have to change in order to compete for second place behind Tesla. Legacy Auto makes changes every 2-4 years while Tesla makes a change every 3 hours.

[@jimdandy9118]

You mean like the body style of Tesla cars being updated every 20 years?

[@jbnitpou9942]

Finally a great ICE car CEO who understood perfectly from where comes the real danger. They are lucky to have this guy at VW, they may be able to stay alive thanks to him.

[@SLee-vj4px]

first ICE CEO to admit the danger, hoping VW did not have "Diesel Gate" or recent "gas gate". 0 sympathy. like all other ICE management, made some huge, strategic bad decisions on EV in the past 10 years.

[@vincec5251]

Honestly, they’re too late. Once Tesla comes out with the Model 2 for less than $30k, it’s all over for legacy automakers.

[@casperhansen826]

And then Tesla introduces Robo-Taxi at a price per mile so car sales drops to almost zero since people prefer transportation as a service.

[@jbnitpou9942]

@@vincec5251 I think the same thing but let’s leave them the benefit of the doubt. And anyways it seems that Herbert Diess thinks that too, it’s his big problem actually.

[@NTNLabs]

You mean unlike Toyoda? ;)

[@sailingonasummerbreeze7892]

The legacy auto makers like VW have a big problem. Just building an inferior product faster will not allow you to compete against Tesla. Nokia/Ericson probably could produce flip phones at speed and volume, but could not compete against the smart phone. VW, GM, and Ford have a similar problem.

[@jkajolin]

just another click bait what this channel does. if VW would keep up with Tesla would be world miracle comparing how many factories Tesla has and how limited the car selection is

[@yourcrazybear]

@@jkajolin "just another click bait what this channel does." Not at all. Just look at the words coming from Volkswagen themselves. "if VW would keep up with Tesla would be world miracle comparing how many factories Tesla has and how limited the car selection is" So what are you trying to say here? Volkswagen, the world's largest legacy automaker, would need a miracle to keep up with just one of Tesla's factory?

[@yourcrazybear]

​@@andreasgregorfrank9057 "Especially the limitation of cars will be a problem in a world of individualism." Because there is such a big variety of design in smart phones? Tesla just need 1 car in every segment and they will be just fine. "The fanboys will always buy Tesla, but VW doesn't have a real problem at the moment doesn't mean VW has no issues to solve." Of course they have a real problem at the moment. They are having crisis meeting after crisis meeting just because of Tesla. "In Europe for example the energy infrastucture for lots of EVs isn't ready, so the problem in selling EVs in 3-5 years will not be the production capacity." The charging networks will grow alongside the EV market share. Why do you expect something else? And Tesla will also seriously ramp up their charging network expansion with the new fast charger factory in China. "Another point is the energy mix of the nations." Not at all. Every energy mix today is a lot better than running cars on fossil. "Here again Europe is ahead of the US with green power," Which is irrelevant for the EV transition. " but at the moment it doesn't help the environment to burn gas/oil for the needed energy instead of burning petrol inside a car." On the contrary. It's way better to do just that.

[@kiduse4458]

speaking of building inferior products faster, how are the panel interior and colors in your tesla?

[@sailingonasummerbreeze7892]

@@kiduse4458 ​I wouldn't know - I don't own a Tesla. My next car might be a Tesla once I wring all of the useful life out of my 2014 Honda Civic. If another car company can come up with a product that is better than Tesla - at a comparable or cheaper price, then they can surge ahead in the 'race'. If not, then - they will struggle. Lucid Air has a nice car - but at what price? As Elon stated - "Still waiting for the competition....."

[@jimtonimarin]

A survivor will select Tesla as OEM to supply skateboard for their e-cars. Imagine a Jaguar or Aston Martin built on a Tesla?

[@wolfgangpreier9160]

Only two small problems with this approach. First tesla has to build the factory that builds the skateboard. You can not take a Model Y or 3 and strip the metal sheets and drape them with your own design. And you would not get the second most important design feature. Their software. And obviously you will not get their third maybe most important invention. Their batteries. A skateboard alone is just that: A skateboard. Maybe a very important but only one puzzle piece.

[@keilder8543]

I was thinking the same thing this morning. I think you're 100% on the money. The smartest move they could make is to hook up with Tesla, and figure out exactly how to build their "Tesla skateboard".

[@CHMichael]

I would love the old model of coach builders. Let's not reinvent the wheel and just build the body . This way we could already have a roadster on a mod3 base. kzbin.info/www/bejne/jqDNgWlsfZuFb7c

[@jimwood3898]

You have it backwards, they will beg Tesla to produce something they can badge. Tesla has no reason to work with these companies at this point, they missed the boat about 3years ago when Tesla needed cash. Mercedes sold their piece of Tesla they had so little faith. One or two more factories and the game will be over. Peak gas car has already happened. We'll just need to confirm it in two years.

[@St.Maurice]

I think a German manufacturer, maybe Mercedes, will partner with Tesla.

[@iqrarian88]

Meanwhile BMW and Mercedes bragging about their cars automatically opening doors and ambient lightning like its a disco in there

[@wolfgangpreier9160]

They like it. Maybe Lucid will make the same? They like that. Maybe the Hummer gets running underlights? Neon Pink of course. They like that…

[@MrAlanfalk73]

1 year ago I tried to drive in my freind's Tesla model 3 . I was So impressed that I desided right there and then that my next car should be a Tesla ! I will get it in 5 months from now, I cant hardly wait !!

[@bru512]

What was the key seller for you?

[@MrAlanfalk73]

@@bru512 the software, the smooth and silent driving, the acceleration , and environmental concern.

[@bru512]

@@MrAlanfalk73 Nice. I believe that people are now believing we have a major environment problem. Some may not believe global warming, but everyone believes in smog. Price difference in ICE and BEV is not that much any more, so more people today will pay a bit more to get a nice BEV. And then they get everything you are talking about. I don't have a Tesla, but I do have an electric sailboat, and like you I love the smooth silent drive. That is elegance.

[@GET2222]

I was at the NXR rally races this weekend and they played your intro music in between heats… Made me smile. My kids recognized it to… love your show!

[@BestInTESLA]

😁 Awesome 👌👌👌

[@tomgray971]

The music is called "Believe the Hype" by Slpstrm. kzbin.info/www/bejne/oJvco41poJqYd7M

[@weirboy77]

I can already hear Gordon Genius Johnson blowing the dust off of his market share FUD book.

[@ionkayak1948]

He is founder and ceo of GLJ - Gordon Loser Johnson!

[@enlasrocks]

Can’t wait to hear what that effing clown has to say

[@danielkim7841]

Please stop giving that analyst any more airtime. He needs to be forgotten and left in obscurity.

[@wolfgangpreier9160]

And that Tesla missed their numbers completely. This way they will be bankrupt in two weeks!

[@wolfgangpreier9160]

@@danielkim7841 Why? He is at least as good to listen to as Jean Pütz. A famous TV moderator for children TV which we all watched extensively. Who today advocates the use of fossil fuels for at least 50 more years. There is enough of it. And the OEM‘s build better engines all the time. You see: In not more then 10 maybe 15 years their engines will emit less CO2 then the people that drive them!

[@royce4410]

Yep, time to sit back watch how this all plays out. It still amazes me that some don't know what is happening.

[@mikafiltenborg2291]

TSLA to the Moon 😃🆙⬆️⬆️

[@adamackels73]

I could bust open a bag of popcorn, a Coke, and a smile watching Lars, among several other KZbin personalities bust Legacy Auto Makers chops.... But over the course of a year, that's a lot of popcorn, and Coke to consume... I might have to step up my fitness to compensate.. lol

[@dr-k1667]

The thing that is going to hurt worse, is that not only did Tesla invite the incumbents to JOIN THE MISSION he also gave lots of clues (as you see in your video clips) HOW TO get it done. The spent more time scoffing and lying, lobbying and throwing shade. He who laughs last, laughs best!

[@tribalypredisposed]

But we see how much VW Group has struggled with just the UI for their ID cars. Software engineering is something they suck at, and a huge amount of what Tesla is doing to improve manufacturing speed and efficiency involves software engineering. On top of that, for years the German automakers turned to Grohman Engineering for their world leading expertise in manufacturing automation, and then Tesla bought Grohman. Yes, lots of the blame goes to them for not planning ahead and so on. But VW outsourced most of the software engineering and manufacturing automation engineering and you cannot just put an add in the paper and have expertise in those things.

[@yourcrazybear]

@@andreasgregorfrank9057 "You are right that VW still sucks with software, but you forget that this race still is a long one." Only if you survive and is lucky enough to keep a big chunk of your market share. "And VW knows very well what is to do and has the time to do so." If they did they would not have crisis meeting after crisis meeting and publicly declare how bad their situation really is. "At the end the winner will be VW" No. No legacy automaker, Volkswagen included, will be able to catch up to Tesla this decade. Tesla will remain the largest EV manufacturer in the world. "i know this sounds weird in this fanboy channel," Trying to downplay others by meaningless emotional arguments? "but the experience and the connections in politics (Europe and China, and this one is really important in the EV selling business) that VW has, will make the difference." No. It won't.

[@donfields1234]

The "old ways" of doing business... circle jerk, are over so they wasted much time...lmfao.... stupid is as stupid does. The only cure for stupidity is to not be it.

[@channguyen3349]

@@andreasgregorfrank9057 it is not just VW struggling with software and digitalization (except from the emission fraud). The whole Germany is struggling with it. They are still using fax machine in the hospitals and during the Covid pandemic the employees cannot work and children cannot be taught from home, since their internet connections are lacking severely. When it comes to digitalization, Germany is a 3. world country. How can the German automaker compete in the AI technology is the next question. The German are (were) good at mechanics. Just look at how many button and knobs they put in the interior of an Audi. They are of very high standards;) kzbin.info/www/bejne/d2Wynqevlqd7fKc

[@1871kwame1]

Yeah I remember this .. Elon wanted to work with the likes of vw Toyota etc and they shut the door on him 👏🏾😂😂😂tables have turned now 👏🏾👏🏾👏🏾👏🏾🔥🔥

[@imtexaspete]

The first step in solving any problem is recognizing there is one, in that aspect VW is way ahead of other legacy automakers. At least until it takes another look and suddenly realized that Tesla is not just a car company.

[@bru512]

Agreed. My bet is that VW will the distant #2 in the future of cars.

[@j.pgoodwin9020]

@@bru512 Actually the real competition to Tesla is BYD

[@bru512]

@@j.pgoodwin9020 Another good choice.

[@SLee-vj4px]

true, 10 years later, but still ahead of other ICE makers.

[@GoCoyote]

This is part of the hubris and arrogance of the legacy automobile manufacturing. Everyone, including themselves, just assumed that they could make EV's if they wanted to. Now they are discovering the hard way that they are not as capable as they told themselves and others.

[@4literv6]

Very well said. 👍🏻 The recent id.3 incident. Where they delayed for almost a year. Then had to hire over 10,000+additional software engineers just to get the id.3 to market. Just might have been a serious wake up call for them. Let alone any would be competition watching them also wrongly believing they could just pivot to making competitive worthy evs any old time. Meanwhile tesla and imo sadly the Chinese&koreans are all very well setup to rule the new ev roost. Don't worry though vag will likely get bailed out by the eu government. Just like gm and Ford will probably spin off their domestic ev divisions to survive, after taking massive bailouts around 2025-27. 😀

[@yourcrazybear]

Agree.

[@brunosmith6925]

Exactly so ! These guys are STILL focusing on the CAR. They think Tesla is just a CAR - but it's gone beyond that. Tesla is now well into the next "phase change" - which is all about TRANSPORT (ie: Not what cars ARE, but what cars DO).

[@fenderstratguy]

VERY WELL SAID!

[@abou8963]

The Titanic was unsinkable too. You know the rest of the story...

[@thrust_fpv]

It's the instant torque and mind-blowing acceleration that is winning everyone over who test drives a tesla, myself included.

[@bru512]

Yup, and if that does not convince your wife, just tell her it is THE safest car on the road. Heads you win, Tails you win. Tesla in the garage.

[@garethrobinson2275]

It's so many things. The software updates that actually improve almost everything about the car. It's the super low centre of gravity that makes an SUV handle like a sports car. Mums safety kid bus and dads sports car plus utility car? Everyone wants that.

[@thrust_fpv]

@Tesla Power Funny you should say that because my wife just yesterday said she feels like she is about to barf lol

[@fredpinczuk7352]

Former CEO of VW stated the same back in 2019 to his board, while pleading for an increase in R&D for EV and making the case for VW to buy a stake in Tesla ($65/Share). He was "re-assigned" shortly after and while he's still chairman. He's no longer the CEO. VW should have listened.

[@yourcrazybear]

Interesting :).

[@weirboy77]

Funny how all the competitors can only talk about catching Tesla yet the investment community as an overall whole sees Tesla trying to catch up to these guys. The world is so backwards and makes me sad. It's literally asking a horse rancher how he plans to update his car factory.

[@markplott4820]

2nd place after TESLA is Thousands of miles away..... .lol.

[@bluetoad2668]

@@markplott4820 just as Elon said, they would need a telescope to see them

[@francoischarbonneau9447]

The word you're looking for is "rancher"

[@weirboy77]

@@francoischarbonneau9447 I actually meant horse trader lol. But point taken 🤣

[@kiduse4458]

​@@bluetoad2668 did he mean a microscope?

[@williammadigan4026]

The tepid response of the majors to electrification is puzzling. I think VW is the first to understand the magnitude of the problem. Denial is not just a river in Egypt.

[@jaypogi6577]

I celebrated this by buying some TSLA.

[@bluetoad2668]

Herbert: you have to listen to everything Elon says, he said the production line is too slow and space utilisation is too low.

[@none3763]

VW group have never taken Tesla seriously because as Elon said "Production is hard." VW never believed Tesla could make that jump from "boutique" producer to mass market OEM. Giga-castings are the game changer that has them frightened, not EV tech, which they have now acquired by buying into Rinmac.

[@gerrywithaG]

At their current rate - Tesla has a good shot at 900k vehicles this year. Depending on how the start-ups go for Berlin and Austin -- I can't imagine anything below 1.5M for 2022. More than likely they will come really close to that 2M number since they are already at a 1M run rate at their 2 smaller factories (just as a reference -- all of BMW group sales are around 2.3 million)

[@avgjoe5969]

From experience (with Tesla) it takes about 2 years to fully utilize a gigafactory at the least. Note not maximizing one line, but filling the factory with lines to make full use of it. It will probably take closer to 3 years in the case of Berlin/Austin. Still, the numbers shoud be fantastic. They keep optimizing floor space (battery produciton foot print to shrink 60%, front and rear castings removing 2-300 robots and all that line space. Optimizing wiring bundles (yeah, that's still a thing) and on and on. Its scary in a wonderful way. As for Deitz. He saw it comming for a few years now and has had an up hill battle bringing the full gravity of the situation to his board. Of all the non-Chinese makers, I think he saw it comming first. (We have very little visibility into the thinking of NIO or Xping. I think they just have their heads down and are running as fast as they can. )

[@bru512]

@@avgjoe5969 Looking backwards, I agree. But.... Looking forwards, I am sure that lessons learned from shanghai will be baked into both the Berlin and Austin startups. Their capacity may be able to exceed demand in '22. But that is okay, as it will allow them to go back to Fremont and Shanghai to retool. Worst case, any excess batteries can go into megapacks or powerwalls. Tesla has so many options.

[@bru512]

@@avgjoe5969 BYD, NIO, Xpeng. It will be very interesting in '22. I am more worried about them than VW and Toyota.

[@Curacars]

@@avgjoe5969 not sure what experience you are talking about, we won't know what the max capacity will be for Shanghai and I believe that they arent producing 2 years there yet. The Fremont factory is/was never build as a Giga factory, so I don't think you can count that either. Austin and Berlin are at least double the size of Shanghai. So I expect them to be on a 1 million run rate end of 2022.

[@tommilks3043]

I share your thoughts and came up with similar conclusion. The key to Tesla’s success in the US for the next decade is the Cybertruck. F-150 dominates sales and the GM and Ram trucks are highly successful and profitable too. If Tesla can massively produce the CT starting late next year, the Big 3 are officially done.

[@RobinTJKershaw]

Vertical integration at Tesla was a necessity at first, then became the advantage.

[@Critoxyn]

Those people that said Tesla would never succeed and be profitable with it's business model are the same as those people that laughed at that one company head that took a paycut and offered a $70,000 minimum wage for all his employees. His company has had no shortage of people wanting to work for him and it's seeing massive profits same as Tesla. Who's laughing now?

[@Supraboyes]

Took along time for them to become profitable, it wasn't till last year.

[@bluetoad2668]

When those model Y come out at 10 X the rate of VW ID it'll be hilarious

[@mikafiltenborg2291]

Agree 🤣🤣👍

[@avgjoe5969]

I expect VW and China to combat this tooth and nail, adopting Tesla open patents where they aren't innovating. I expect Ford, GM and Stellantis... to drown in a sea of mediocrity and join Kodak and Nokia and every other company that refused to rise the the challenge of an evolving market. GM is the one I love to point to because they have NEVER made a decision that didn't sacrifice jobs and market share for immediate money to prop their bonuses. They are the poster children for people that are paid immense salaries but just have no clue how their own industries work. They have been shrinking slowly like icebergs heading into southern oceans. There is no hope when they have no leadership. The corrupt deal with Biden was not to preserve US union jobs (it also applies outside the US to Any union shop). It is a carve out for bosses wanting more time Not to address the problem so they can leave with golden parachutes before their ship sinks. The UAW has preside over one factory closing after the other, still others moving overseas. Where were they when Biden said its OK to have 50% ICE (that you won't be able to sell in 2030) and hybrids count as EVs. Where are the union jobs then. The Union bosses sold out their people for a short term deal that will cause the union jobs to die in a more dramatic way once the grossly expensive subsidies (that you and I must pay for in taxes) die out. Unprofitable companies will suddenly lose their crutch when they are weakest.

[@bluetoad2668]

@@avgjoe5969 I expect China to at least keep a good market share in China. I expect VW to face severe problems and I doubt they can survive in current form, the brand will live on though.

[@praero551]

Wise of Diess to compare to the Model 3, since the model Y seems to be twice as fast, doing 1600 pcs/day on same space as the 3 doing 800, since that would show a factor 6 times faster than an ID.x…..

[@charlesvanderhoog7056]

And then to realise that VW is the only company outside of China that had a chance. But internal fighting against Diess, demoting Diess, prioritising family stock holders, has been killing Diess's initiatives.

[@NTNLabs]

When you're leading in a dog race, but suddenly You realise You can't outrun the rabbit....

[@soothingunboxing7129]

Tesla's factories are designed like a microchip by microchip designers. So their optimization criteria is way different than anyone. Tesla thinks of cars as electrons and factories as the microchip. They are trying to put Moore's law into factory design.

[@loftsatsympaticodotc]

This is a quite astute observation. Thanks for the analogy!

[@SuperCatbert]

vw is a very good 20th century manufacturer. unfortunately their legacy is their downfall.

[@domgia9248]

It's weird that they'll team up with each other, but no one wants to team up with Tesla.

[@ricwilmot1654]

When you need help you look for it. When you don’t, others have nothing to offer.

[@wolfgangpreier9160]

They have not read and studied their Sun Tzu. They will loose.

[@brunosmith6925]

It's not that they WON'T "team up" with Tesla - it's because they CAN'T. There is NOTHING the legacy car-makers can offer Tesla. Tesla will gain stomach full of problems if they "team up" with a legacy car maker. They tried this many years ago with both Daimler and Toyota... both times, things went sour.

[@bru512]

The enemy of your enemy is your friend.

[@wolfgangpreier9160]

@@bru512 The enemy of your enemy is just another enemy…

[@goingballisticmotion5455]

I imagine that meeting was like the scene in the Bunker when Hitler learns the war is lost.

[@mikafiltenborg2291]

😊

[@martinthiede1383]

Volkswagen had a similar challenge in the 80s with Toyota's production system - and you see, they are still alive. May be Tesla becomes also a big auto maker, but we'll see, which brands loose so much market share that they'll dissappear from the market,

[@rolandborbely8969]

Can anybody explain me, how on Earth VW can't see and understand what is going on in Tesla's production? They have to know each step in a car prod. by hearth. PLUS, Tesla factory building and production setup is the most documented human activity on Earth. Why don't they watch these videos? (out for 5-10 years) Insane level of stupidity. What do they pay their analysts and prod managers for? They will get, what they deserve.

[@4literv6]

First principle thinking at tesla. Fully stacked vertical integration. Makes changes at the speed of light compared to other oems. They also own the software in the factories, they own the specs for the batteries built in the neveda joint venture factory, they build their own seats which nobody else does. They build their own single speed reduction gearboxes, they build their own inverters, wind their own stators for the motors, they own the robot makers which make the robots for their factories, they own the plans and engineers, they own the data, they created their own propiatery metal just for use in the gigapress single piece castings. Which btw no other automotive co on earth has even a single gigapress currently. Each gigapress will save tesla having 150+robots on each production line. Making each new factory more efficiently setup on space. Cheaper on capital outlay and much quicker per car off the line completed timeframe. Tesla is Led by arguably the Howard Hughes of our time. Who can and does call on literal rocket engineers daily to help solve problems across his industry leading 4 companies. Elon works the lines, sleeps on his factory floor, doesn't draw a salary and put over $400,000,000 of his own funds into his ventures. How could they ever even dream of competition with the likes of him. Is a much better? 🤔

[@brunosmith6925]

You can be sure that every director of every other car company watches these videos (and those showing the building rate at Shanghai, Berlin and Austin). Yes... they are watching - but they are like "rabbits in the headlights" - not quite knowing which way to turn. Their business models and corporate culture will not allow them to do what Tesla is doing.

[@bru512]

This is the $64M question. The challenge is that they don't have the talent to help them innovate. People are critical. Most of the top talent has been outsourced. So, you have an MBA watching the video, what are they going to do now?

[@vic321344]

Tesla bought Grohman, a german company that used to build all the production lines for VW, BMW, Mercedes.. Now they exclusively build Tesla Gigafactories.

[@bru512]

Both SpaceX and Tesla are succeeding because they are vertically integrated and the competition is not. Vertical integration is the magic key to innovation. At first it was necessary to get the job done, but now it is seen to be a super-power

[@sailingonasummerbreeze7892]

With vertical integration, a company is truly in charge of it's destiny (success/failure) - at least for all of those components that matter. It will be interesting to see if Tesla branches out into semiconductors, or at least sets up strong partnerships.

[@bru512]

@@sailingonasummerbreeze7892 They have already designed the FSD chip and the D1 dojo chip. I could potentially see them designing some of the other chips as well, especially if that would lead to reduced power consumption.

[@ibnorml]

At least two new factories are guaranteed. They will be needed to continue Tesla's 50% growth year-over-year. However, I predict they will not start on the next factories until Texas and Berlin get past the start of production, although I still predict that the new factories will be announced in 2022. I would also predict that Tesla will incorporate everything they have learned from Shanghai and everything they will learn from the first year of operations in Texas and Berlin.

[@bru512]

My prediction? The next two factories will be the last that Tesla builds to produce cars, as they will be able to get 20M/year with 6 factories.

[@georgepark2138]

I'll bet on England as the next location, although Elon is also in talks with India. Either one or both will be winners.

[@guyhazelzet6240]

Great video Lars. Are you going to get see the Factory tour at the Gigafactory in Germany? I hope so we can see it. 👍

[@songckim]

VW, by far, has the most commitment to EV transition and is the first among legacy autos to do so. And they are biggest auto in the world. Despite all of these, they can't catch up to Tesla. Then what chance does Ford and GM have with Tesla stronger ever and will be even more dominant?

[@wolfgangpreier9160]

Ford and GM are being held by the Unions and the US federales. They will give them enough money to continue build their fossil fueled cars and scrap them directly after leaving Detroit. Or maybe send them on a ship for the Indian Scrapyards? Including the ship of course…

[@mikafiltenborg2291]

GM & Ford bankrupt before 2030...

[@yourcrazybear]

​@@andreasgregorfrank9057 "Be sure noone has to cry for VW. They can if they really want to..." No. They obviously can't. Tesla is producing EVs at 3x the speed of Volkswagen. I'm pretty sure that Nokia would want to surive as well, but wishes are just that, wishes. "They still almost don't build EVs during a lack of semi conductors and still a too small market for EVs." Nonsense. Their production was low before so the chip shortage excuse will not work here. And the demand for EVS is huge. The market would grow as fast as Volkswagen produce EVs if they actually ramped up their production. "You can't compare production capacities of EV factories to old school factories. Petrol driven cars are much more complex and so the production capacity is lower." Tesla is producing the Model 3 3x faster than Volkswagen produces their ID3. But perhaps you don't see the ID3 as being an EV?

[@brunosmith6925]

It's mostly Herbert Diess who has the commitment - most of his fellow board-members are still not keen to invest heavily into EV.

[@brunosmith6925]

@@andreasgregorfrank9057 One would hope VW does survive, but they face many challenges that are additional to "making a car". The company culture and business model does not allow for rapid innovation - they are incapable of moving at the speed necessary to develop a competitive technology to Tesla. For every step VW takes forward, Tesla is taking 10 steps - so even while there may be "progress" at VW, they are not goingto keep pace. More importantly... Tesla is now focusing on the next "phase change"- which is about how we will use transport. FSD will enable TaaS (Transport As A Service) where people will buy time and miles - not the actual car. So... when we all start using robo-taxis, it won't matter how "compelling" your EV car is... People won't need to buy them. It won't take much to force these legacy car makers out of business... If just 20% of the public (those who currently buy cars) stop buying new cars, most of the legacy carmakers will be unprofitable - and will eventully go bankrupt.

[@lesterhousel]

Agreed. As a retired Industrial And Systems Engineer, Tesla Austin gigafactory is an example how to upscale and improve! Year 2022 will be “awesomeness” as new products come to market. Go Tesla and SpaceX……….

[@PAULSWorld131]

Laws of evolution doing their work. Slower, is seen as primitive, needing more space, is seen as primitive, not automating fast enough, is seen as primitive. Tesla is setting new technological evolutionary standards. Like a natural mutation, creating a new species.

[@taefravis]

If businesses such as the legacy automakers can learn anything from Darwin it is not a case of survival of the fittest/strongest it is survival of the most adaptable! The Dodo went extinct not because it was not strong but because it did not adapt. The Dinosaurs did not go extinct because they were not strong but because they did not adapt and legacy autos will go bankrupt because they did not adapt when Tesla came along and changed the entire environment!

[@barrymiller99]

Always top notch. As one-man bands go, you are the best.

[@stevenpugsley2542]

VW is the lucky one, and realize that a radical change NOW gives time to right the ship. World automobile production topped at 97 million in 2018 and is around 80 million this year, so there is definitely room for other automakers besides Tesla, but the list of surviving automakers is now getting shorter. At least VW is also planning to build their own battery factories (even if they are less efficient.) Tesla understands that battery production limits vehicle production (i.e. delayed Semi truck production.) China will always have state supported manufacturers, so there will always be some other EV manufacturers. Tesla is already considering new factories in India and Russia. The world is their oyster.

[@40watt_club]

So I guess GF in Brandenburg will get no permit until late 2022 :-)

[@bluetoad2668]

Haha next we'll hear about VW ordering a giga press

[@djinatl04]

they will all need to or they will be toast

[@4literv6]

They don't have access to the patent on the metal needed to utilize a gigapress yet.

[@terrysullivan1992]

IDRA, and it's Chinese counterpart, is the only company that currently can make the Giga presses for Tesla. I expect that Tesla has enough ordered to cover the next several years of IDRA's production. In addition, as RC18 has pointed out, Tesla has the alloy formula and they aren't giving that out. BTW, the 8000 ton press(s) for the Cyber truck castings were announced by IDRA early in 2021 and the first one has not been delivered yet to Texas. It takes awhile to build these huge precision machines.

[@johnfife3062]

@@4literv6 True, but there may be no ONE magic alloy -- and Tesla doesn't have a monopoly on metallurgists for hire. No, the big challenge here is not metallurgy -- which can be developed -- or manufacturing techniques -- which can be copied -- but a challenge of vision and the willpower to evolve.

[@4literv6]

@@johnfife3062 wasn't my point at all. Rather it's that not only do they have the only machine's and it takes quite a lead time just to get one. They also have the metal needed which is currently propiatery. They have the plans&will to execute on them using the gigapress and single piece castings. Simplying 287 various pieces down into just 2 is insane adherence to the kiss principle. Eliminating over 300 robots off each assembly line. Imagine the capital cost savings for that? Plus of course the potential for over 10% weight savings along with the stiffer structure benefits. 🤔

[@RawandCookedVegan]

Improve the machine that builds the machine. Brilliant. It also speaks to legacy complacency, "We're making enough money, so why improve?" Tesla is taking advantage of that complacency. Great video Lars, as usual.

[@Urgelt]

If memory serves, VW's Wolfsburg plant is currently the largest automotive factory in the world. I think its production capacity is somewhere around 800K units per year. So how big can a factory become, exactly? Wolfsburg makes ICEVs, which have more parts and more assembly steps than BEVs. The logistics challenges of getting parts in and product out start to become obstacles at production rates much higher than Wolfsburg's output *for ICEVs.* Logistics snarls are not pretty! BEVs should be able to be pushed higher. Fewer parts, fewer assembly steps. Factor in Tesla's steady stream of production method innovations, such as their intended electric Semi driving *right into the factory* to unload parts and raw materials (loading dock? Who needs a loading dock?) and their gigacastings and yeah, 2 million starts to look feasible. 3 million? My gut says 'no.' My gut could be wrong, of course. It often is! Still, somewhere above Wolfburg's output is a limit even BEV manufacturers will have to respect if they keep pushing towards higher volumes. At some point, adjustments to untangle the inevitable logistics snarl will become too expensive; it would be cheaper to just build a new factory to gain the desired production increase. Tesla appears to be on a mission to discover where that limit is. Good! I won't have to rely on my gut to guess about it any longer.

[@bru512]

Interesting thoughts. Again, the best loading dock is no loading dock.

[@Urgelt]

@@bru512 Loading docks are not all that's eliminated. Loading docks are unloaded into storage areas, where parts and materials are sorted and stacked waiting for the production line to call for them. The storage areas are just inside the docks. There is a distance to be traveled from there to the lines, so lots of forklift activity and people running around carrying smaller packages. Keeping track of it all is a lot of busywork. Stuff gets misplaced; inventories have to be conducted; etc. Imagine instead a semi running on an internal road inside the factory. It can make stops *anywhere.* So the parts are unloaded into bins and stacks *right next to where they will be needed.* Keeping track of inventory devolves to the section of the line responsible for using those parts and materials. Each section has less inventory to keep track of, and the materiel is right there under their noses. So warehousing operations are reduced, distances for parts and materials to be moved is reduced, there are fewer opportunities for stuff to be misplaced, less handling, less damage in transit, conducting inventories will go faster, and each production line section will have an immediate grasp of their supply situation - they won't be relying on reports relayed from loading docks and warehousing staff. Direct delivery to line sections untangles a lot of the logistics headaches of operating a high-volume factory. There will still be throughput limitations in the factory. But those limits have just been pushed upward. I have no doubt that clever Tesla will find many other methods to push those limits higher. But infinity is not possible! They can make the production line faster, but logistics snarls *will* be reached at some point, beyond which the cost of untangling them will become worse than just building new factories. Exactly where the limit is for a particular Tesla product isn't yet known, but it sure looks like Tesla is intent on finding out. I have no doubt, Tesla will smash the Wolfsburg model to pieces, both because ICEVs are more complex (lower logistics throughput limit) and because Tesla has already innovated and will continue to innovate its production methods. One of these days, we will be treated to a negative news story about how a Tesla factory suffered an immense, damaging logistics snarl at one of its factories. Or at several of them. Production output will crash, temporarily. "Boy, is Tesla stupid, they can't even do production right! That never happened at Wolfsburg!" But the production volume at which this will occur will be far over the heads of anything legacy auto will ever have attempted with their factories. And it's going to be *good* news, really. From then on, Tesla will know how to constrain their expectations for factory output. Planning for future factories will be made that much easier for them. Elon, being the optimist he is, probably imagines limits that are not readily attainable. He's that kind of guy. He sets ambitious targets and dares his people to try. And they *do* try. Sometimes, they even surprise Elon with their innovations and achievements. *That* is when he *really* becomes excited. He's such a nerd! But in the best kind of way.

[@bru512]

@@Urgelt Thanks for sharing your thoughts. Logistics really are underrated! I have been assuming that in part the 3 levels/floors of Austin and Berlin were key to getting parts into the production line, in an attempt to eliminate the snarls. (Essentially, a simple 3D factory) I have visions of parts dropping into the production line from above. I am also guessing that Telsa wants to see these lines mature before designing the next generation factory. It will be fascinating to see how Berlin gets to 2M/year and Austin to 3M/year.

[@Urgelt]

@@bru512 Their progress will indeed be interesting. I'm skeptical of run rates over 2 million, even for BEVs, being simpler to assemble than ICEVs. But I'm willing to be surprised! Robotics is a wild card, but mobile robots able to comprehend their environments and perform human-level tasks are a long way out, still. They won't be an influence in Austin in the near to mid term. In the 2030s, maybe!

[@florenciovela7570]

good show. i went ahead & bought the S dual motor long range till my tri motor fsd cyber truck get here. i have lost of solar & backup battery system to charge them both at home.i also love spacex too.

[@keilder8543]

One other obstacle for Volkswagen: Diesel-Gate. The dishonesty and completely uncaring attitude in falsifying the emissions of their cars was and remains unforgivable. I broke with Volkswagen then, and I brought it up in conversation with all my friends, family and associates. I will never buy Volkswagen again, regardless of any changes they make going forward. I'm sure I'm not alone in this viewpoint.

[@bru512]

This is an excellent point. If they lie to their customers, when are they telling the truth?

[@chrisperry3525]

10 hours? OMG. Last I heard the best is toyota/honda, etc at 17 ish hours. 10 is unreal!

[@misteratoz]

Some counterpoints: if tesla can make 7+ million cars with current factories, why would they expand more car factories? Makes more sense to make more battery factories and recycling to kick start the energy business for the next couple of years while still operating through current factories. More factories is also more grid lock and supply chain issues.

[@avgjoe5969]

Because, they are strategically located to minimize trariffs and local resistance to the market. China welcomed them with open arms when the built their cars there. The German govt was blocking them on subsidies, Now that they are building there, the govt is offering subsidies. Tesla builds battery plants Wherever it builds factories now. Texas has a battery plant going up just like Berlin. Regards recycling. Tesla already has a limited capability. Redwood recycling started by a Tesla exec is panning huge facilities. Why not quicker. The batteries last 300k miles (about 10 years) so aside from defects and crashes, only the first batteries are entering the market as recycling candidates. They built about 80% of their cars in the last 3 years... so the bulk of the recycling is still a few years away. That said it is Very profitable to recycle them as the metals used are expensive. There will be no shortage of companies standing in line to recycle the batteries. Note also that "used up" means they "only" have 70% of their capacity. This is still very useful for secondary uses before recycling. A MS battery pack exiting service has 85kwh *.7 or 60kwh of life left. A New home battery has 14kwh. Soooo. It is more lucerative to re-use the battery than scrap it. Home batteries go through more cycles, but even so, at least 3-4 years of 2nd life remains.The Newer Tesla batteries last much longer with the 4680 battery purported to have 1M miles of life (or more than 20 years). Then More at 70% and below. This is why Tesla is fully committed to recycling (its too profitable Not to do). Yet seems to be moving slowly. The supply of expended batteries is only just trickling in.

[@bru512]

I like the way you think. I don't expect any more than 2 more car factories to be built by Tesla. With further optimization, can they get 20M+ out of 6 factories by 2030 (or sooner)? I am keenly watching Shanghai and Texas to see what is possible in the next 18 months.

[@georgepark2138]

Tesla IS making more battery factories. Now they are trying to integrate them into the car gigafactory, or build one very close by,.

[@DanielZajic]

This is a good sign for VW, at least they are finally realizing how screwed they are. Maybe they have a small chance to survive, where until now it was zero. You can't solve a problem until you identify it.

[@kirgan1000]

I think VW will survive but only as a smale car manufacture.

[@ragnargreystoke3271]

Being late is VW’s fault. Biggest take away for me is that except for Tesla VW is farther ahead than any other US and European EV manufacturers. Boom!

[@brownro214]

I'd say Hyundai/Kia are producing some compelling EVs. They are probably the closest to Tesla but still are constrained by limited production.

[@chrisose4585]

I look forward to your videos every day! Great job always!

[@clintatk]

Besides the huge increase in production speed, the dual casting system also adds a quantum leap in spec precision as well!

[@SamIAm-kz4hg]

"adds a quantum leap in spec precision as well!" I'm pretty sure that "Tesla precision" is an oxymoron.

[@clintatk]

@@SamIAm-kz4hg 😂

[@bru512]

Precision is no longer measured in mm's but now microns. Additionally, The front, rear castings with structural pack platform will literally make the vehicle handle like it is on rails. (And people already think the Model3/S are fantastic already. They aint seen anything yet)

[@clintatk]

@@bru512 Yes the combo of speed and precision in construction is revolutionary. Meanwhile no one else is investing in such technologies. The buggy makers are doomed with their present leadership. VW very much included. The behemoths seem to be too large to change in any significant way.

[@danabe3220]

Even if VW sold an ev as good as Tesla I wouldn't buy one because of Dieselgate.

[@4literv6]

Thank you! And fk electrify America to. Slimy basterds at vw used that slap on the wrist to build out a sub par charging network. That they are also now using to sell their sub par evs here in the us and even trying to make back $1,000,000,000 for a chunk of it on the open market. 😶

[@davidsc4680]

And Autonomy is still not in play. It will blow up everything.

[@charlesvanderhoog7056]

Plans, no action. Only internal infighting or internecine fighting.

[@daviddenley3512]

I was wondering what else Tesla could do in the future to speed up production and I was wondering if integrated circuits instead of wiring could be done! Perhaps in the future they'll manage to save a few more hours too! Thanks for the video Lars, it makes you think doesn't it!

[@ybeev3409]

I have just watched a BBC documentary "Dom Delivers Cars" where they are talking about BMW Mini's made in the UK with a "super" mechanised plant that builds each car in 42 hours. Then I here that Tesla is making Model 3s in 10 hours it is easy to see who is leading in the manufacturing ability stakes. The legacy automakers should all be focusing on catching up with Tesla if they are to survive.

[@bobwallace9753]

Here's 'the other' danger for VW. Tesla will take a lot of their market. China seems getting ready to rip away the rest. The Geely (manufacturers of the Volvo EV and the Polestar) EX3 is subcompact crossover. It's a few inches shorter than the ICEV subcompact Mazda CS-30 and Hyundai Kona but about the same width and height. The EX3 seats five. It looks like the size car many Europeans want. The EX3 seems to meet EU/US safety standards and has the normal features found in most cars such as backup cameras. The EX3 does have a low range of about 120 miles but that's more than enough for normal daily driving. It can recharge from 0 to 80% in a half hour at a rapid charger which makes it a reasonable car for a 200 mile drive. It has a 37.2 kWh battery so with some tweaking to electronics the range might be improved. No performance specs have been released but Geely says it matches ICEV performance. And it sells in China for $9,200. Just under 8,000 euros. Geely could open a factory someplace inside the EU free trade zone and avoid both import tariffs and shipping costs. Put it in a country with lower cost labor. Sell it for less than 15k euros. How would VW be able to deal with that?

[@JetsetDruid]

Yeah 100% this. China is far more of a threat to VW than Tesla ever will be, they can churn out low - mid range priced vehicles better than anyone else on the planet. Another thing the Chinese are doing well is niches, I saw a review of an EV specifically designed for ride hailing drivers, Tesla nor any Western manufacturers are ever likely to go to the effort of filling mico-niches like that.

[@bobwallace9753]

@@JetsetDruid Don't overlook the brands that make up the VW group. Volkswagen, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania and MAN. Tesla is likely to do major damage to the upper end of VW's market. And Tesla is likely to move into even lower niches than the $25k EV they should be showing us soon. As for ride hailing vehicles, that niche will probably be taken over by ride phoning vehicles. Tesla is likely to dominate the robotaxi business.

[@JetsetDruid]

I think for sure the value VAG brands can make a good showing but I think we'll see the Chinese start to enter the global car market in the next 10 years in the same way the Japanese did back in the late 70s/ early 80s. I think Tesla's market share will shrink at the high end, until recently there hasn't been any serious alternatives if you want a big luxury EV so you bought a Tesla or you bought nothing. Same story in the mid range market, I think Tesla is destined to become a boutique brand and not a long term volume producer

[@bobwallace9753]

@@JetsetDruid I would suggest you not bet any serious money in support of your opinion. Someone who knows more about Tesla and the EV market will easily eat your lunch. The "high end" of the market will probably go to boutique EV manufacturers who make tarted up cars for people who want to try to impress others with their wealth. Tesla, I think, has no interest in that market as it is too small to bother with. Tesla will probably continue to manufacture the S and X for those who want a 'larger than normal' car. Tesla cannot make all the cars the world needs. Chinese manufacturers do not have the technological advances Tesla has developed. My guess is that Tesla and a few Chinese car manufacturers will dominate the EV market. I'm not convinced any of the legacy manufactures can make the switch from ICEVs to EVs. I think we may see companies like Ford and VW "fail", go bankrupt. And then new companies emerge built on the EV production capabilities that the bankrupt company had but leaving all the ICEV stuff behind. While these companies will carry the name of a legacy company and will use some of the infrastructure and employees of the failed company they will be, in fact, new companies. The may be regionally successful on a small scale simply due to nationalism but I don't see a route for them to become dominate. Pure EV companies will have scaled up so far as to dominate.

[@JetsetDruid]

@@bobwallace9753 I guess time will tell who is right, perhaps we should reconvene here in 10 or 20 years to see who had the right prediction? My feeling is Tesla's situation is analogous to Apple in the smart phone market - early pioneers who've seen there market share dwindle as other suppliers enter the market with alternative (and often cheaper) products. I think counting out the "legacy" manufacturer's is wishful thinking on you part, at the end of the day an EV is still a car and some of these companies have been building those for over 100 years now they know what they are doing, they've weathered various crisis and shifts in demand previously no reason to think they can't do it again now with EVs.

[@richb2229]

At least VW is ahead of the Big 3 US manufacturers in realizing the speed this market is going to change. This is especially true when FSD becomes a “production option”.

[@sandybayes]

We have all seen what Tesla has done with the help of people like you. The only thing that is giving me concern is how devious the US government can be. The oil and US auto manufacturers are in cahoots and will stop at nothing to try and destroy Tesla. I think it was so wise for Musk to spread out the factories which will not be able to be touched by the US gov. Thanks again for keeping us so updated!

[@sherpa972]

Is it better/easier to build a new house or renovate the old house?

[@4literv6]

From the builders and contractors I've worked with? It's often easier to just build it up from scratch. From an environmental standpoint re modeling existing structures is more friendly overall.

[@mistermood4164]

Depends on condition of the old house and maybe it’s historical value. If the old house is beyond repair and has no historical value it’s best to demolish it and build anew

[@jacoblf]

VW is screwed because of batteries. They can't scale up massive battery to compete with the streamlined, efficient, compact construction of the tabless 4680. That's the final linch pin on top of all the other moats that Tesla has.

[@ramses4321]

I would love to see an updated interview with Chanos The Big Boys are Coming :-)

[@prequel1592]

Ur videoz are AWESOM. BEEEEE NICE!

[@angeliquemenoptra6701]

They been artificially trying to extend the life of the internal combustion engines way past its time, and this is their reward for doing that. . . play stupid games, win stupid prizes

[@keilder8543]

Huge fan of your videos, and subscribed a while back, joined today. Glad to support such a great channel!

[@thomaslange3571]

The legacy auto makers knew that ten years ago and did nothing. Now they get what they deserve.

[@mikafiltenborg2291]

Agree 😄👍

[@odderret]

Great video. Tesla's main bottleneck for growth is human power to open more factories. Not money or ambition. Elon has mentioned this.

[@robertreynolds8092]

I do not know. A Model Y LR AWD would cost me $58727. The ID4 AWD would cost me $47716. My wife would be happy with either. And I could save $11,010. I know they are not similar cars but all she needs is a car. The upside to Tesla is no rust and they are 10 years ahead of everyone else.

[@imaro2358]

Another great video. And I don’t want this to come out the wrong way, great comments! I learned a lot.

[@nelsonmacy1010]

Brilliant Lars! You are VERY insightful.

[@hornethurdler]

You nailed it, again!

[@jonpetter8921]

That s why Tesla is trailing behind VW Group in Europe and barely ahead of Stellantis.... How is Tesla doing in Denmark again ?

[@fdntrinity]

Even though I am not the biggest fan of Tesla's designs, I must admit that the competition they create is amazing.

[@gaussdog]

Thanks for putting that AEI (Alset E Homes) ticker on the screen. Finally Picked some up! I’m not sure why I thought it was a smaller company that was more private and not publicly traded! I’m excited to see what happens to my investment over the next two decades :-)

[@lionelmaury9916]

Good lesson for the old automakers

[@kinkinfast8045]

Funny how we (small and "noob" investor) can see that for years yet the "pro" wallstreet funds and top managements in big auto companies cant see that

[@mikafiltenborg2291]

Agree. Holding my TSLA shares the next 10-15 years 👍

[@romisetafibra3632]

It's incredible , big monsters, falling few by few

[@mirandasi8302]

Legacy automakers have been winning for over 100 years without any innovation. I owned a Porsche and BMW, and I always felt they could use some nice tech. Now I own a tesla and I feel just right to be in 2021.

[@angeliquemenoptra6701]

It's kind of scary how good Elon Musk is when he set his mind to it

[@charleschateauriant520]

Excellent

[@YouuRayy]

the window controls in ID.3 tell you all you need to know about VW

[@anthonybha4510]

VW should've been fined out of existence for the dieselgate lies

[@palmbeachketoers6557]

Well, legacy auto makers better start handing over more money to those money hungry congress members !!! 😂

[@mikedunn7795]

VW is supposed to be the best of the legacy EV makers. If THEY are worried,it probably means lights out for GM,Ford and whatever Chrysler is called these days.

[@jesperlindegaardberg7333]

H. Diess Said 48 Hours from 0-100% for ID3 in Zwickau, i believe Tesla model 3 in Freemont is around 10-12 hours….The Old ICE are DOOMED….

[@juned3122]

Tesla should start manufacturing in india, as indian ev market is untapped and is predicted to become one of the biggest ev market in future, provided they either produce a little cheaper model or bring down the costs of their existing models.

[@TXLorenzo]

The biggest threat by Tesla is to make the legacy car companies irelavent.

[@drazenbibeskovic3941]

Where is a TESLASLAP ??? 😂😎 Kind of missing it 😂

[@bru512]

Maybe the teSlap should be a new emoji?

[@daveduran8158]

Kind of embarrassing to give them a TESLASLAP, they are already down, but not out..

[@yehiaels5103]

It seems that you were right lars .. and the disruption has started

[@johnfife3062]

Don't discount VW. Here's why: It's much harder to innovate than simply to copy Tesla innovation. It's called "technology leapfrogging," and that's what VW will do. VW will hire away Tesla manufacturing experts where it can. Some of Tesla's new employees will probably also be on VW's payroll. VW will study every word out of Elon's mouth and promote younger, more nimble manufacturing engineers to put Musk doctrine into practice. And while it's true that conservatism is part of what makes Germans great engineers, the necessity to become progressive won't make them any less skilled engineers. In fact, the question here is not of engineering ability, but of management willingness to get with the program, and it sounds like that's what's happening at these meetings. Elon would be good with that -- it's not his goal to make every car in the world, but to change the industry to sustainable propulsion. Tesla will still lead, perhaps by significant margins, but VW will keep in the race and, in the end, it will be better for consumers when the market remains competitive. One day Elon will say, "That's good, transport is where it needs to be to support our survival as a species, so I'm going to work on another problem."

[@kirgan1000]

I do not say VW will fail, but look at Microsoft attemt to enter the smart mobile phone market, they did have the brain power and the money but still failed.

[@peterwiegel4778]

Elon to VW: "I still have faith in you I see it now Through all these years that faith lives on Somehow … And we need one another Like fighters in a ring We're in this together Passion and courage is everything…"

[@lawrenceh.7011]

All I will say is WOW!

[@chetanburman2514]

Thanks for your insights and analysis. Great Video, couldn’t agree more! Long TSLA

[@Guest_1138]

As I sit here and listen to you, I begin to think the chip shortage was created by big auto as a last ditch effort to slow Tesla, and even that didn’t work.. so they are finally throwing in the towel.

[@fix-hb1561]

Excellent! Tesla is in the Bullseye 🎯

[@tripleb9454]

Did I see a drone video of the freemont factory removing the one gigapress from outside of the factory?

[@brunoheggli2888]

VW will sell more EVs in 2024 !The EV sector If the VW Group is growing so fast!

[@mikafiltenborg2291]

EV's are good ICE-killers 😄👍 Big Oil bankrupt by year 2045... Wooo-ho! 🚗☁️⛽☁️☁️ 🛢️=👎 🚗⚡🔋=👍

[@yourcrazybear]

So? It would be better news if they actually had production targets that actually makes them look serious in this transition.