Tesla Motors: Playing Against The Odds
Originally appeared on Automoblog.net
During Tesla?s quarterly shareholder?s meeting, Elon Musk admitted to making mistakes, but brazenly indicated that an overhauling was coming. This is obviously more important in the wake of receiving hundreds of thousands of pre-orders for the newly revealed Model 3.
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Ramping Up Production
Improving the the process should be something we expect from a company with an interest in sustainability versus pure profit. After all, the goal of Tesla is to accelerate sustainable transportation, not merely create a profit or carve a niche. But the lofty goals have Wall Street perplexed and analysts confounded.
In light of his skeptics, the question amazingly remains: why does anyone still bet against this guy" As we witness the rise of Tesla, we often forget we are seeing it grow from nothing to a major disruptive company in the span of a decade. Because we didn?t get to watch every iteration and setback of Ford or General Motors, we only have historical accounts of how it progressed. Whereas Tesla developed in the modern era with social media and short attention spans – we often discount the innovative company every time it stumbles or delays.
Working To Win
Tesla is inventing the game as it goes and is still, way out in front of other industry leaders in some areas. Other automakers have the advantages of loose patent laws and low labor costs. However, Musk and his team show c...
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