WWED quote from Tesla Q3 2023 earnings call
But the difficulty of going from a prototype to volume production is like 10,000% harder to get to volume production than to make the prototype in the first place. Then it is even harder than that to reach positive cash flow. That is why there have not been new car startups that have been successful for 100 years, apart from Tesla.
Tesla Q3 2023 earnings call
- Date
- Context
- Earnings call
- Themes
- Manufacturing
- Business strategy
- Engineering
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More quotesEarnings call
“Prototypes are easy. Production is hard. I've said that for many years. The problem is that there's like those who've never been involved in production or manufacturing somehow think that once you come up with some Eureka design that you magically can make a million units a year. And this is totally false.”Tesla Q4 2024 earnings call
Earnings call
“No car is made like this anywhere in the world. The factory is the product as much as the car is the product. It is really just the first principles approach to manufacturing that will ultimately allow us, I think, to—I'm trying to think.”Tesla Q1 2025 earnings call
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“That is why Tesla engineering has transitioned to focus heavily on designing the machine that makes the machine -- turning the factory itself into a product.”Tesla blog, Master Plan, Part Deux
Earnings call
“If it's cutting-edge technology, it's really hard to scale up production because you gotta design the machine that makes the machine, not just the machine itself.”Tesla Q2 2016 earnings call