Part 6/9:
Brian interpreted the situation as a self-cannibalization issue for legacy manufacturers: when they lose sales on profitable internal combustion models to an EV sale, they suffer overall. He elaborated further about how traditional companies struggle to pivot because their existing models and structures pose significant inertia when it comes to embracing new technologies.
Tesla’s Competitive Advantages
The unique integration of technology in Tesla's vehicles was highlighted next. With over-the-air updates, Tesla can continuously improve its cars post-sale, enhancing performance and adding new features at a fraction of the cost compared to traditional automakers who often struggle with complex supply chains and customization pressures.