People Get So Many Things Wrong About Tesla
There is a recent video from Fox Business, covering Tesla. Usually when this happens, there is a lot of negativity around Tesla with a lack of understanding. Fox covered the Cyber Rodeo for the $1.5 billion giga factory in Texas. Meet Kevin, a YouTube personality was also covering Cyber Rodeo.
The first thing that was noticed was an "exploded" Model Y, hovering in the air, so that anyone could see what the insides of the Model Y look like. There was also a new original Tesla Roadster - this is the reboot of Tesla's original sports car. A 1.9 0-60 mph acceleration and 620 miles of range on one charge.
Elon took the stage driving an original roadster with a cowboy hat. Here's what Elon had to say. Giga Texas went through a deep freeze and quick sand with a difficult process, but it is done. Tesla now has 6 giant giga factories around the world now. Giga Texas is built at extreme size - it's not small.
Elon has been saying something for years that Fox mentioned. It is that the giga factory is the real product. It's the machine that builds the machine that is going to be the most important product for Tesla. Most people are missing this and getting it wrong. It's not even close, this is Tesla's competitive advantage.
More Things People Don't Know About Tesla
Fox mentioned we haven't seen this kind of scalability since the Ford Model T. Most people are missing the big picture of how Tesla is changing the way in which vehicles are manufactured. The roof of Giga Texas has solar panels, powering the building with renewable energy. Elon Musk also has Tesla energy. Tesla is taking on all forms of autonomous driving and building an autonomous robot.
Fox mentioned that Tesla has an "Apple-esque" ability. Can Tesla use their brand like Apple has to spread their products around the world. Most families are owning multiple Apple devices. Will people who enjoy Tesla start to buy Tesla's other products, building up Tesla's energy business in the future?
Tesla's ecosystem is pretty obvious. You start of with a vehicle, then you get home solar and a battery - or vice versa. In the distant future, you get a Tesla HVAC system. The average price of a Tesla product is, for now, much higher than any Apple product.
Elon Musk stated that Tesla might have to get into mining and manufacturing at scale due to the low extraction and refinement process of Lithium. When Elon Musk sees a wall, he owns the wall and deals with what is needed to get past it. Elon Musk is correct about Lithium and it is one reason that LFP batteries are being used in standard range Tesla vehicles.
The Tesla Cybertruck
The unusual design of the Tesla Cybertruck may be thought to deter many from buying it because of the way traditional pickup trucks, like a Ford F-150 look like. However, the Cybertruck is a unique vehicle and once people start to use it, they are going to be blown away by its functionality.
If I were a legacy auto maker, I would take a look at the Cybertruck and figure out a way to make your own unique truck that is specific to your company with amazing specs. I think legacy auto makers are not taking Tesla serious and if they don't do this soon, they will be out of business.
What do you think are some things people get wrong about Tesla besides the machine that builds the machine, the Tesla ecosystem, and the Cybertruck?
What do you think about this latest picture of the Cybertruck? Is it really going to be released next year in 2023?
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Jeremy Johnson is a Tesla investor and supporter. He first invested in Tesla in 2017 after years of following Elon Musk and admiring his work ethic and intelligence. Since then, he's become a Tesla bull, covering anything about Tesla he can find, while also dabbling in other electric vehicle companies. Jeremy covers Tesla developments at Torque News. You can follow him on Twitter or LinkedIn to stay in touch and follow his Tesla news coverage on Torque News.