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Its amazing for me that people say that Elon thinking doesn't work when his company has increased automotive volume around 30-50% for almost 10 years now. And
by nickik 6y ago
Its amazing for me that people say that Elon thinking doesn't work when his company has increased automotive volume around 30-50% for almost 10 years now.
And the iterative design works perfectly. Compare the Model 3 ramp in Fremont to the Model 3 ramp in Shanghai. Compare that to the ramp of Model Y and now to the Model Y in Shanghai. They managed the Model Y ramp with much better margin, much less issues. Their financials are improving year over year while growth continued.
Saying there were issues with the first real mass production car, and then concluding that iteration doesn't work, seems like a nonsensical argument.
If you look at their second and third generation manufacturing lines you see massive improvement and many more improvements are coming.
Tesla has 23% of the global market and leading margin in the automotive space. Just a few years ago making money with electric vehicles was supposed to be 'impossible'.
They have made amazing technology innovations, they are the most vertically integrated manufacturer in the world, they manufacture lots of things that other OEMs don't.
They have for years worked on turning into a battery company, reinventing the whole process of how batteries are produced, including active materials production. They designed their own battery cells being the first to bring to market a number of amazing innovations. They will likely be one of the biggest battery makers in the world within a few years.
So, this argument simply doesn't hold up.