Part 13/14:
Despite recent market volatility and rising interest rates, Tesla’s valuation remains high relative to its profits, mainly due to expectations of long-term growth. Tesla’s ability to sustain profits through volume growth, aggressive cost-cutting, and recurring revenues underpins its resilience. The company is focused on bringing down costs further to make EVs more accessible, thus accelerating the transition to electric mobility.
Industry Disruption and the Need to Rethink Classic Manufacturing
Hans concludes that legacy automakers must overhaul their entire approach to vehicle development—particularly in software. They face an uphill battle because their traditional waterfall project management conflicts with the agility demanded by modern digital systems.