Why Tesla Succeeded in China But Amazon Did Not

Elon Musk and Jeff Bezos brought two different strategies to China. Receive 20% off Ekster wallets with my custom link shop.ekster.co...
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Interviews featured in video:
0:58 Automative News Daily Drive podcast interview with Elon Musk bit.ly/3fQICOH
4:44 Financial Times interview with Elon Musk • Elon Musk talks to the...
Sources:
0:34 Jeff Bezos image: Daniel Oberhaus, CC BY 4.0 creativecommon... via Wikimedia Commons
2:36 SounderBruce, CC BY-SA 4.0 ttps://creativecommons.org/licenses/by-sa/4.0 via Wikimedia Commons
3:01 Jeff Bezos image JD Lasica from Pleasanton, CA, US, CC BY 2.0 creativecommon... via Wikimedia Commons
3:12 Brad Stone’s book Amazon Unbound www.amazon.com...
4:45 Image of Shanghai 2022 lockdown sourced from Alamy (Newsthink Ltd. is a registered client)
5:58 Senado Federal, CC BY 2.0 creativecommon... via Wikimedia Commons
7:02 tea rose, CC BY-SA 2.0 creativecommon... via Wikimedia Commons
7:23 Alexander Migl, CC BY-SA 4.0 creativecommon... via Wikimedia Commons
7:26 SAIC GM sucks, CC BY-SA 4.0 creativecommon... via Wikimedia Commons
7:29 SAIC GM sucks, CC BY-SA 4.0 creativecommon... via Wikimedia Commons

[@Newsthink]

*Do you think domestic Chinese car companies will surpass Tesla in EV sales one day?* Receive 20% off Ekster wallets with my custom link shop.ekster.com/newsthink

[@tevinvezina1766]

Not as long as the Chinese Government is behind Tesla the way that it is.

[@TeslaTerminater]

No.... lol

[@anybody1325]

China allowed Tesla to flourish so that exchange of information could happen. Chinese EV technology is not as good as Tesla's but soon they will learn and surpass Tesla

[@blokin5039]

Absolutely

[@QuizmasterLaw]

Tesla is succeeding For Now: as soon as China acquires whatever technologies the CCP believes necessary for its domestic EV industry (which is already outcompeting Tesla) expect Lure Trap Kill to apply in full force.

[@hahahehehoho8191]

Tesla has a lot of brand value. Whereas in case of e-retail platform, it doesn't matter whether you bought the iPhone or Nike shoes from Amazon or Alibaba, only thing that matters to customer is price and reliability

[@Redmanticore]

maybe in western world. tesla has no brand value in china. local domestic Chinese manufacturers will drive tesla off, after they have stolen the technology.

[@princeivbaze7505]

I think the fact China feel they need Tesla is most critical. His relationship with the government certainly helps as well.

[@oldmandoinghighkicksonlyin1368]

The CCP already stole Tesla's key tech. They don't need Tesla anymore.

[@princeivbaze7505]

@xiong yadong that’s exactly what I said.

[@Redmanticore]

for now. they will drop tesla once their own domestic companies have stolen everything from tesla.

[@TheRealIronMan]

Nah, there are like a million western companies in China, only Tesla has actually gotten the special "no need for local partnership" treatment, I think ppl don't give Elon Musk enough credit. Also @Redmenticore, just in case you dont know, Chinese EV brands already have been dominating the local market long before Tesla gigafactory, and China owns 2x more EV related patents than the US, BYD provides better product than Tesla at a cheaper pricing point. "Chinese steal our tech" was def true 20 years ago, it was still sorta true 10 years ago, nowadays only an ignorant fool would still think a country with the most STEM graduates in the world somehow can't innovate.

[@RR-et6zp]

think

[@akira28shima32]

The CCP needs Tesla to help their EV companies compete.

[@SmallGroups2go]

I am truly am thankful for the information you bring to us on KZbin. You Rock!

[@dragonzbay]

BYD has recently become the # 1 exporter of vehicles in the world. They also can produce the most advanced batteries at the lowest cost.

[@grantguy8933]

amazon has no core tech to differentiate from other copycat.

[@cheeneep]

Why Amazon failed is as Cindy said. It failed to innovate and it was no different from already exisiting e-commerce platforms. It offered no incentive for Chinese businesses. Tesla, on the other hand, is a brand that the Chinese would definitely flock to. China is the biggest EV consumer in the world and is an expert in manufacturing. Sure, China has far more EV brands than anywhere else in the world, but right now, Tesla is the best brand for EVs but Amazon is simply not in China.

[@einundsiebenziger5488]

One is a manufacturer of electrically-powered vehicles, hence a product. The other is a virtual department store, hence a sale platform, not a product. One can't possibly compare the two.

[@sot8343]

Tesla China exports and creates revenue for China. Amazon doesn't bring the same benefit to China. China can and does make cars for export, but their brands don't sell nearly as well.

[@hamidja1537]

Thanks for sharing

[@shiningstar958]

Comparing Amazon with AliExpress both are same but for Tesla there is no competition for the quality and self driving software. AliExpress mobile app is so cool. AI is better than any

[@jackchow8167]

It is decided by the essential nature of business type, cause retailing platform is economically scale while EV just fragmented.

[@infoworld7706]

most important thing is taobao(at that time there is no tmall, only taobao existed) is totally free for sellers, and all sellers flocked to taobao. all others are later stories.

[@jameswilson5165]

I guess Bezos could try again and this time offer key officials carnival rides into space. 🤣

[@JuliusCeaser_]

This is what happens when you leave politics aside and just do business .

[@pownder]

Hello Cindy!

[@stephenpaek9175]

Great content, I’m subscribing

[@darthvader4209]

Let’s revisit this topic again 2-3 years down the road, and see if the Chinese still love Musk and vice versa

[@durexuncensored]

actually,compared with chinese e-commerce,Amazon and american others are B.S

[@keselekbakiak]

When they finished copying tesla, the will be done

[@kevinyudystira]

♥ u Cindy Pom 🤗

[@seventian6117]

That's why Japan is in free fall, their biggest high-volume industry: petrol car, gonna be outflanked.

[@alienalien1925]

Amazon does not provide unique values as Tesla is doing. it is not even as competitive in the market..

[@tevinvezina1766]

Looking at your background, I can totally tell you dig the sleek, minimalist aesthetic! Looks great! 🧼✨

[@mrfluffybeehive]

Hey where do I submit an idea

[@Newsthink]

[e-mail]

[@mrfluffybeehive]

@@Newsthink thank you

[@mrfluffybeehive]

@@Newsthink hey it says “This domain has been mapped to Squarespace, but it has not yet been claimed by a website. If this is your domain, claim it in the Domains tab of your Website Manager.”

[@thedude1666]

Give it a one more year.

[@gnagyusa]

Correction: breaking into the Chinese market is only beneficial for a company in the short term, with devastating long-term consequences. China steals and rips off all technology, then sells cheap rip-offs that kill the original company. It's baffling that companies never learn after 100s of cases.

[@L_MAO_]

I love your videos

[@ix-a5rohitbala775]

Tesla wants to start in India

[@ThePeterR66]

LOL, no ways

[@songhanshan9843]

Because the business like Amazon is nothing new for Chinese. Online purchasing app like Taobao, Jingdong has been popular in China since 10 years ago, Amazon is not what Chinese want.

[@anonymousman3014]

Opening Tesla Gigafactory in India 🇮🇳 would be nice bet for Elon in long run. Btw, Tata is here for EV❤️

[@QuizmasterLaw]

Lure, Trap, Kill. p.s.: Unrestricted Warfare.

[@TeslaTerminater]

Musk is a genius. Thank god i have 714 shares of Tesla stock now!!! Go Tesla!! Nikolai Tesla would have respected this man.

[@einundsiebenziger5488]

Fist and foremost, EM is a greedy sociopath. And NT would have hated him for blatantly abusing his name.

[@ThePeterR66]

little player

[@sinahafezi425]

Simple tesla still had lots of IP. Once they have their own companies tesla will be forced out

[@ThePeterR66]

LOL, naive comment

[@Rachinter]

Tesla rocks 💯🔥

[@srutirajpaul2433]

Nice

[@wolf6631]

This is an abysmal analysis of the business of Amazon and Tesla. You did touch on the political side of the story, but you failed to understand that Bezos made the wrong connection with the government. It is hard to say if he had the chance to make the right one. The possibility of Tesla going down the same fate is increasing day by day.

[@user-vv7ir1pl4j]

bazos is kinda just unlikeable

[@someone4860]

Musk knows how to manipulate mass example- Bitcoin hike, Twitter hike

[@lawrencefrost9063]

I think China sees Tesla like this: The bigger Tesla gets and the more the world needs EV's and solar panels, the better for China, because they control a great majority of those supply chains. They own most of the solar panel production, rare earth metal mining and refining as well as other elements needed in EVs, especially battery technology. Electric motors require these materials and wind turbines require these materials for their magnets. Secondly they want Tesla to be in China so they can have better access to their technology to steal, reverse-engineer and learn from their tech. They want the jobs the factory produces, they want the GDP growth. They also don't mind that Chinese people want good cars and Tesla is the best. The last thing is of course that they want to have leverage against the worlds richest man, one of the most important people on the planet and the most important company in the world. With a factory and business there, they can force Elon or Tesla to do certain things, say certain things. They can also influence him without force by talking with him. The recent interview on Financial Times was proof of that. He mirrors the CCP's talking points about Taiwan. That is not something Elon would come up with or think or say unless he had been talking with Chinese officials who convinced him on that issue. He is wrong of course, even if his aim is to reduce the probability of World War 3 and the end of the world, if Taiwan ever becomes part of China, that is not going to prevent the US and China from going to war. It might actually embolden China and it will have such a stranglehold on advanced chip manufacturing after that that the rest of the world will not sit idly by. And Elon sees China as a great engineering, manufacturing powerhouse, a pragmatic nation with immense potential. Not just business-wise, but in general. He also knows China has to be on board with the transition to sustainable energy or it's all for nothing. They more than anyone need to become carbon neutral. He knows the CCP is evil but he understands he can't piss them off if he wants to accelerate the world to sustainable energy fast. Elon doesn't just want them to be happy because of profits, but for the future of humanity. He is ethically sound so there is zero chance that he doesn't care about what the CCP is doing to the Uighurs and to the Chinese people in general. It's just that he is thinking about the bigger picture.

[@jackzhou4813]

This is China's soft power, any capital will like it

[@superspies32]

Sadly the war in Ukraine now shows that renewable energies (except nuclear powers) are a joke and looks like the political weapons of Western to developing countries to not allow them to growth and overtake them. And even nuclear powers cannot synthesize plastics and chemicals for goods production. Also it cracked Elon, first is suggestion to Ukraine, then Taiwan, then he constantly disrupt Starlinks at Kherson when Ukrainians are making offensive here, later shut it down and blame US's Department of Defense for not paid the fee. I think he return with the deal of Twitter in the act to censored every news from Ukraine so he can reach his hand to those nickels in Russia - without those he cannot make batteries for cars.

[@lawrencefrost9063]

@@superspies32 I think you, along with so many others, are reading his intentions wrong. Think about his logic and ethics and goals if you want to understand WHY he was suggesting that peace deal with Ukraine/Russia, and WHY he was suggesting that Taiwan could become a special economic zone for China. It's really fucking simple but people don't seem to understand this simple thing; He wants to avoid WORLD WAR 3 AND THE END OF HUMAN CIVILIZATION NO MATTER WHAT. He thinks this war with Ukraine or the future war with China will most likely lead to nuclear war and that will lead to a nuclear winter that will decimate mankind. This is something that he thinks we ought to avoid no matter what. Even if it sucks to give Russia Crimea, or even if it REALLY sucks to give in to China's claims on Taiwan, he thinks it's BETTER than the apocalypse. THAT'S ALL. It's not difficult to understand his reasoning considering he is all about the big picture and large scale long term future of humanity. I hope you understand this, even if you disagree with it (I do) you should steelman his arguments not strawman them. Now to your other points; he didn't disrupt starlink service in Kherson intentionally, if you read about it (from the Ukrainian ministers themselves) it was more complicated than that. Secondly he NEVER shut it down. He complained that it is costing the company a lot of money and that the company can't keep paying for it indefinitely. The Ukrainian government requested the starlink system back when the war started. Elon obliged and delivered. (even thought Elon had previously stated that it should never be used for war!) 7 months later, Space X has accrued 100 million in costs and still going, Elon is the richest man in the world but his companies have to be profitable for him to stay rich. Space X is in a tight spot at the moment. As long as the Starship project has not come into fruition they are losing money and fast (even without the Starlink in Ukraine!) Elon sent the company an email about this not too long ago, you can google it. But in the end he just said to hell with it, Space X will keep paying for Ukraine's Starlink system, they will keep doing it for free. And yet there are thousands if not millions of people who STILL complain and bemoan him. Give him a break.

[@lawrencefrost9063]

@@superspies32 I didn't even touch your piece on energy but whatever.

[@cindystoon8396]

He,s a traitor to are country and the others for his own self gain

[@memyselfandi9365]

Because there is a lot more to spy on and copy....

[@patriksteffan2060]

Well, his ties to China gov. which you are here referring to if true makes me much more unhappy than before. My confidence in Musk as a character I thought I knew and understand starts to more and more to disappear. Very sad for me.

[@superspies32]

Looks about his "suggestion" for the war in Ukraine (TLDR: give Russia UN's confirmation and approvement for the annexation, while force Ukraine to give up annexed territory and must unconditionally supply water for Crimea), then later he shut down Starlink in Ukraine right when they begin the assault in Kherson. Elon is going to cracked and doomed if this war prolonged for another year, no chips, no critical materials (like Nickel for the battery which Russia sell with cheap prize) + leftards continuously harrass Tesla and SpaceX Starship = completely bankrupt. I think he returned to bought Twitter as the act for trying to censored everything from Ukraine so he can gained Putin's favor to get his hand to Nickel.

[@patriksteffan2060]

​@@superspies32 From what I know He said that only Crimea should be RU. He didn't shut down Starlink in UA. Starlink is blocked at places where UA parts are occupied by RU. Bc UA liberated sometimes some places too quickly and SpaceX doesn't talk directly to UA army SpaceX cannot unblock those loc. when UA moves there quickly enough. SpaceX communicate with middle man to the UA army. I do not understand the relevance between "Elon is going to cracked and doomed" and "no chips, no critical materials". If that happens why no chips? RU make those? Dont think so. Even if so other companies would be in trouble also. On the material side there might be a problem (as for others). What "leftards" have to do with possible Tesla SpaceX bankrupt you suggest? Where did you came up with this theory? Care to explain? Twitter take over started way earlier than now. Also if he take over it we know what to expect. If he does what he said, we will know about any single manipulation with people's content on Twitter. If he will not do it then even if he would not censor any content it wouldn't be visible so it would still be fail and we wouldn't like it = even more lose our trust.

[@superspies32]

@@patriksteffan2060 SpaceX is not a company that make profit normally like others. Its a company that mostly gain money through contracts with NASA because Starlink still not popular enough (and Elon even said when it is popular, he will separate it from SpaceX). So the 15% of the fee that no one take for Services in Ukraine will be SpaceX’s responsibility. For a long time this will slowly chew away company’s funding, its very critical since Starship take highest priority. Also let Ukraine use free and they said N words to him right after his post about Ukraine, in diplomacy this action is prohibited, even though his post is very offensive to Ukrainians, do it and one day disasters can happened. About why I said he need China’s favor, US just announce new sanction against chip production to China. Now US and ally companies are restricted to export chips to China, Joe Biden threatens chip experts to strip away their US citizenship if they choose to work in China so many of them have to leave China immediately. Elon only have 1 megafactory in China that can capable to mass production Tesla car and its also overloaded with orders up to 2 years in waiting. Without chips, no Tesla car. But leave China, Elon will face against millions of lawsuit from customers for not deliver cars since his factory in US cannot match up with the huge amount of orders right now. Elon saw this and tried to build the second megafactory in Germany. However, the construction still not begin after 5 years because leftards continuously harass the construction sites with the reason is that Elon is destroying “wildlife habitat”, to the point Elon frustrated Germany governments (to the point they force entire construction delayed through winter because just a snake in hibernation). The same for Starship, he have to fight for years to get FAA approval to launch because leftards protests to FAA, claiming that the vessel’s fuel (liquid methane and LOX) is toxic (but even the idiot know that methane burn with oxygen release CO2 and water - much cleaner than space shuttle which also release sulfur compounds). About the Twitter, he announce that its not because he wanted to buy it. Elon had some “original” shares in Tesla that can be sold now according to the contract when he bough Tesla or later. Thanks to the price of Tesla share was bubbled (have price more than its reality price), those shares valued 30b USD. But if he sold them without any good reasons, he will drop down the share price and trigger investors to panic sold to salvage their money. Buying Twitt was the legal reason to persuade investors to not panic sell their shares. After he sold that he announced about delay and bring the trading to court since Twitt hide him about bots. In fact, he can just spend 1b USD to cancel the trading according to contract but he does not or he have some other business need to be done with Twitt.

[@patriksteffan2060]

@@superspies32 This is a too long comment to fully answer but I will say this. I bet that most of SpaceX money is from gov contracts for launches. I don't know about 15% fee service for UA. SpaceX funding in regards to UA surely has an impact on SpaceX financials. I know that there is some USvChina trade war. I also heard something about chip fight. This is the first time I read that this could mean that for Tesla it would mean they would not be able to use advanced chips in their factory in China. If true then that would be very alarming. 2 years in waiting? From what I know they are now only a few months of wait times (rn for TM3 it shows 4-8 weeks). German factory has nothing to do with China in that meaning. Tesla wants to have factories on each continent. It's idiotic to ship cars at those distances. What construction didn't begin even after 5 years? Giga Berlin began +-3 years ago and it's already working (true it still looks like a construction site). I know about some delays that were made there bc the reasons you mentioned. I hadn't that many problems with the snake or bat issues but what made me worked up was the "unauthorized" tank for some chemicals etc... I know about the delays with FAA approval. Not much got to me so my stand is that I understood Elon frustration but also I was like: "I know nothing about it so if an objective gov. entity feels they have to proper review it so they do not do something wrong you have my support in doing so bc it's your job" - I'm trying to be objective in regard of him and his companies - not full fan mode, etc. Twitter is whole another topic I will not continue to express myself on. I already wrote too much of it :)

[@jagofjokester1127]

So elon is commie.

[@Sailaboat]

Just goes to show, you don't need to be smart to make it big in the US.. China, not so much !.

[@creative_cooper]

So why haven't you made ot yet? 😂

[@Sailaboat]

Ha.. if you only knew...😗

[@AnilKumar2051MCM]

We are starting FREE onliñe Moon City Mission schools in the world 2025 Age 10 to 14

[@superspies32]

Its only become true if leftards stop harrass Starship. They continously pressure FAA to deny the launch of that revolutionary vessels because it used liquid Methane and LOX. They claimed liquid methane is toxic when launch (even though the child knows fully that methane will react with oxygen at super high temperature from the engine to form CO2 and water.

[@Trex531]

Bezos… mmh, no comment. Elon Musk is genius, we all know that. What worries me is his health. He’s gained lot of weight that goes hand in hand with lot of diseases even though he hasn’t shown sign of any…. yet. I really hope he’s conscious of that and takes care of himself. Humanity needs him. Sorry for the off topic comment, love your great videos Cindy ❤!

[@prabhushankar8520]

.

[@alexwoodhead6471]

That title makes no sense

[@armored_variant9740]

How so?

[@Newsthink]

Been struggling with the title. My other options are: Why Elon Musk is Succeeding in China but Jeff Bezos Failed Why Tesla is Loved in China but Amazon Failed Which do you prefer?

[@M3ganwillslay]

@@armored_variant9740 thre is no amazon in xhina

[@alexwoodhead6471]

@@Newsthink I prefer the first option. And thanks for asking!

[@hanskraut2018]

And musk made this ukraine „peace“ tweet, suspitious. Isnt putin a ex undercover expert? 🤔

[@superspies32]

He needs Nickels, which Russia dominated the market. Without nickel he cannot make batteries for cars,

[@greg.peepeeface]

I love Elon, and this makes this my second video watched on this channel. I am now a subscriber, and I prefer to think Cindy spells her last name as Paw 🐾

[@OperationBaboon]

stop making it sound as if Tesla is Musk's company! It is not!

[@ThePeterR66]

LOL, you are dreaming BRO

[@OperationBaboon]

@@ThePeterR66 learn to google and then find out who founded the company. you can then come back and apologise. bro

[@rodrigo445678]

@@OperationBaboon Lol you are a clown 😂.

[@OperationBaboon]

@@rodrigo445678 and you are a brainless incel douche. we all have our burden to carry.

[@OperationBaboon]

before any of the other million of idiot musk fanbois gets a tiny stiffy because they have a chance to defend their dream bond villain, who would be an incel too, if he hadn't have that maxx money. Once you pass some reading classes, go here: en.wikipedia.org/wiki/Tesla,_Inc.#:~:text=Tesla%20was%20incorporated%20in%20July,served%20as%20CEO%20since%202008.