Tesla Investor Day 2023: Silver lining or black cloud?
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ZnWC
Excellent Contributor
joined discussion · Mar 6, 2023 15:01
Elon Musk's big dream inspired the next generation entrepreneurs
Some commented that retailers are paying for Elon Musk's big dream when he spoke inspiring words on Tesla Investor Day (TID 2023). I disagree... What he's doing (or done) will leave a legacy to the next generation entrepreneur and that 'investment' is priceless which will benefit all retailers for many years. I don't see other EV companies have 5 years plan into the future (I estimate 3 years) or any presentation like TID 2023. Elon is not worried about whether he will be the richest man in the world, all he wants is to fulfill Tesla's vision (in case you're not aware): “to accelerate the advent of sustainable transport by bringing compelling mass-market electric cars to market as soon as possible.” If buy or hold Tesla stocks$Tesla (TSLA.US)$, you're not only supporting sustainability but investing into the next generation entrepreneurs.
Cow Moo-ney
:
Most legacy automakers’ 5-year plan is how to enter into the EV industry, while Tesla and Elon’s 5-year plan is on how to scale further. They are way ahead of the rest. If anything, only the China EVs can pose a threat.
ZnWC
OPCow Moo-ney
:
Constructive competition is good. That's why Elon wanted to build Shanghai Gigafactory and gloomed it's China operation executive, Tom Zhu.
ZnWC
OP
:
Another interesting question is why build the new Gigafactory in Mexico. I don't think it is just about Mexico being friendly to US company or lower cost (then Elon would have chosen Taiwan, Vietnam or Singapore). I'll need to do more research to find out and my gut feeling is about its people.
Cow Moo-ney : Most legacy automakers’ 5-year plan is how to enter into the EV industry, while Tesla and Elon’s 5-year plan is on how to scale further. They are way ahead of the rest. If anything, only the China EVs can pose a threat.
ZnWC OP Cow Moo-ney : Constructive competition is good. That's why Elon wanted to build Shanghai Gigafactory and gloomed it's China operation executive, Tom Zhu.
ZnWC OP : Another interesting question is why build the new Gigafactory in Mexico. I don't think it is just about Mexico being friendly to US company or lower cost (then Elon would have chosen Taiwan, Vietnam or Singapore). I'll need to do more research to find out and my gut feeling is about its people.
Cow Moo-ney ZnWC OP : Check this out:
The REAL reason Tesla is building their next Gigafactory in Mexico (Ep. 718)
ZnWC OP Cow Moo-ney : Thanks for the info![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)