Part 14/15:
The conversation wrapped up with reflections on the broader industry landscape. Larry characterized the current German automotive crisis as approaching “catastrophe,” with profound financial implications and potential reorganization of major players like Volkswagen and Porsche. He criticizes the opaque nature of official auto sales data, suspecting widespread manipulation and strategic hiding of true demand—particularly with regard to EVs and hybrids.
He concluded that Tesla, despite setbacks, remains in a strong financial position thanks to disciplined cost management and strategic foresight. Elon Musk’s management style—focused, uncompromising, and ambitious—continues to set Tesla apart in a turbulent market.