I watched the whole presentation and the battery improvements, and the battery manufacturing improvements are remarkable, even revolutionary. Instead of waiting for the various vaporware battery technologies to sneak out of the lab, they’ve stripped down and re-imagined what makes a battery work, looking to simplify every aspect of its design and construction. They appear to have reduced the very messy process of creating the various elements of a battery by up to 90%, speeding up the process at the same time. He’s apparently offered public/corporate access to the plans and patents for the new batteries and methodology.
He’s said repeatedly that they aren’t as much a car company, but rather an engineering company, and more specifically, a manufacturing company. Rapid iteration, and a relentless focus on refining the efficiency of the manufacturing process. He’s applying the same approach to SpaceX. He wants to make large volumes of cars, batteries and spaceships, as quickly and economically as possible. I think in the future he might end up being compared favorably to Henry Ford’s impact on manufacturing.
I think the market analysts are impatient as usual, and short sighted about his real goals.
Great comment. Thx much!
Agree. Many market analysts are human, with emotions and bias that cloud their decision-making. Very much like the political sphere. There is no convincing them until the present catches up to future reality. Despite what they think, Ford and GM may very well shrink and disappear, while Tesla continues to grow. The analysts are not properly analyzing the real data. Unlike Nikola, the Tesla company will achieve many of their goals, maybe not on time, but it's clear they're on the path to success within the next few years once their Gigafactories are fully operational. Then they'll build a Terrafactory. Tesla cars have their faults, but the company is continually improving their models on a daily basis. Same can't be said for ICE cars which see incremental changes many years apart - the old model is not keeping up in the 21st century.