Elon Musk's Price War Strategy: A Brilliant Move or a Dangerous Gamble?

Elon Musk's Price War Strategy: A Brilliant Move or a Dangerous Gamble?

Tesla's aggressive price-cutting strategy has divided opinions as the company aims to dominate the global automotive industry.

In the quest to rule the automotive world, Elon Musk's strategies are polarizing opinion. Some compare him to Henry Ford in the Model T era, while others liken him to Steve Jobs bringing about the iPhone revolution. But what if he's more like Rick Wagoner, who led General Motors to near destruction?

Tesla's numerous price cuts this year, taking nearly a third off the cost of its top-selling US model, have left industry insiders debating whether this strategy is revolutionary or desperate. Ford CEO Jim Farley compared Musk to Ford himself, citing the development of an innovative product, efficient manufacturing, and driving down costs as key similarities. On the other hand, the Jobsian theory posits that Musk is applying Silicon Valley tactics to the electric vehicle (EV) industry in an attempt to outperform rivals like Rivian Automotive Inc. and Lucid Group Inc.

The cautionary example of General Motors comes to mind, as Wagoner's reliance on incentives after the September 11 terror attacks ultimately led to GM's and Chrysler's bankruptcy in 2009, with Ford narrowly avoiding the same fate.

Tesla's plans have been scrutinized before, with investors like Jim Chanos, David Einhorn, Cathie Wood, and Ron Baron divided over the company's survival and growth potential. Tesla's stock has surged more than 750% in the last five years, proving doubters wrong.

Episoder(1178)

Elon Musk driving cybertruck spotted in the wild

Elon Musk driving cybertruck spotted in the wild

Elon Musk took Cybertruck for a little spin. Here's what we know. --- Support this podcast: https://anchor.fm/elonmusknewspod/supportSupport this podcast at — https://redcircle.com/elon-musk-pod/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy Learn more about your ad choices. Visit megaphone.fm/adchoices

11 Des 20198min

Tesla Cybertruck in Video Games

Tesla Cybertruck in Video Games

Tesla Cybertruck added to GTA 5, Minecraft and Rocket League. --- Support this podcast: https://anchor.fm/elonmusknewspod/supportSupport this podcast at — https://redcircle.com/elon-musk-pod/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy Learn more about your ad choices. Visit megaphone.fm/adchoices

9 Des 20197min

Elon Musk "Pedo Guy" scandal in court

Elon Musk "Pedo Guy" scandal in court

Elon Musk’s lawyer demanded a British cave diver apologise for saying the billionaire’s offer to provide a mini-submarine to rescue 12 boys and their football coach from a flooded cave in Thailand was a “PR stunt”. --- Support this podcast: https://anchor.fm/elonmusknewspod/supportSupport this podcast at — https://redcircle.com/elon-musk-pod/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy Learn more about your ad choices. Visit megaphone.fm/adchoices

6 Des 20198min

Elon Musk's Tesla Battery Charge in 10 Minutes

Elon Musk's Tesla Battery Charge in 10 Minutes

Electric cars could make a huge dent in the world’s greenhouse gas emissions. But they still make a tiny 2 percent of cars on the road today. A big speed bump they face is the hour or so it takes to charge. --- Support this podcast: https://anchor.fm/elonmusknewspod/supportSupport this podcast at — https://redcircle.com/elon-musk-pod/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy Learn more about your ad choices. Visit megaphone.fm/adchoices

30 Nov 20199min

Why did CyberTrucks Windows Break?

Why did CyberTrucks Windows Break?

After a little window break on stage at the Cyber Truck event, Elon Musk let's us know why the windows cracked when a steel ball was thrown at them. --- Support this podcast: https://anchor.fm/elonmusknewspod/supportSupport this podcast at — https://redcircle.com/elon-musk-pod/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy Learn more about your ad choices. Visit megaphone.fm/adchoices

26 Nov 201912min

CyberTruck First Impressions

CyberTruck First Impressions

Cybertruck is built with an exterior shell made for ultimate durability and passenger protection. Starting with a nearly impenetrable exoskeleton, every component is designed for superior strength and endurance, from Ultra-Hard 30X Cold-Rolled stainless-steel structural skin to Tesla armor glass. --- Support this podcast: https://anchor.fm/elonmusknewspod/supportSupport this podcast at — https://redcircle.com/elon-musk-pod/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy Learn more about your ad choices. Visit megaphone.fm/adchoices

24 Nov 201911min

Elon Musk Boring Company Starts Drilling in Vegas!

Elon Musk Boring Company Starts Drilling in Vegas!

The Las Vegas Convention and Visitors Authority (LVCVA) Board of Directors approved a contract with The Boring Company to design and construct a twin-tunnel Loop system for the Las Vegas Convention Center (LVCC). The project is currently under construction. LVCC Loop will provide fast and convenient transportation for convention and trade show attendees across the LVCC campus. --- Support this podcast: https://anchor.fm/elonmusknewspod/supportSupport this podcast at — https://redcircle.com/elon-musk-pod/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy Learn more about your ad choices. Visit megaphone.fm/adchoices

19 Nov 20198min

Elon Musk Announces Gigafactory4 Berlin

Elon Musk Announces Gigafactory4 Berlin

Elon Musk said Tuesday during an awards ceremony in Germany that Tesla’s European gigafactory will be built in the Berlin area. Become a member of Space News Pod! https://www.youtube.com/channel/UCX3HDBasMU2qS3svgtuzD2g/join https://anchor.fm/space-news https://patreon.com/spacenewspodcast https://youtube.com/spacenewspod https://twitch.tv/astrowil https://spacenewspodcast.com https://twitter.com/spacenewspod https://facebook.com/spacenewspod https://instagram.com/spacenewspod1 --- Support this podcast: https://anchor.fm/elonmusknewspod/supportSupport this podcast at — https://redcircle.com/elon-musk-pod/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy Learn more about your ad choices. Visit megaphone.fm/adchoices

13 Nov 20196min

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