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Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t469.32
How do you do that?
469.32
476.76
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t471.44
Well, we've not formally announced our next car program.
471.44
483.24
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t476.76
So I can't talk too much about our upcoming vehicle program or programs that have not
476.76
484.24
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t483.24
been announced.
483.24
492.84
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t484.24
But we do expect to make cars that are more affordable than the current Model 3 or Model
484.24
493.84
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t492.84000000000003
Y.
492.84
499.76
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t493.84000000000003
So and a big factor in this is...
493.84
502.44
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t499.76
Yeah.
499.76
512.76
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t502.44
But I think by far the biggest factor is autonomy in terms of the value of a car.
502.44
518.6
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t512.76
Because right now cars get driven for about 10 or 12 hours a week, like maybe one and
512.76
520.4
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t518.6
a half hours a day.
518.6
521.4
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t520.4
And so...
520.4
526.44
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t521.4
But there's 168 hours in a week.
521.4
528.52
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t526.4399999999999
And so if they were autonomous, you could probably drive...
526.44
531.52
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t528.52
The cars could drive for 50 or 60 hours.
528.52
539.72
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t531.52
So you would see a fivefold increase in the utility of a car, you know, that can do autonomy.
531.52
541.96
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t539.72
This is a really, really gigantic thing.
539.72
548.6
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t541.96
It would also mean that we wouldn't need anywhere near as many parking lots.
541.96
553.48
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t548.6
And this would also be helpful for the environment because you would need far fewer cars.
548.6
554.48
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t553.48
So I misspoke.
553.48
559.56
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t554.48
It was a $7 billion investment for a plant that makes a million cars a year that makes
554.48
561.04
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t559.5600000000001
$15 billion a year in profits.
559.56
565.4
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t561.0400000000001
So you invest $7 billion and you make $15 billion a year.
561.04
566.68
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t565.4000000000001
Who does that?
565.4
572.68
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t566.68
And for a plant that makes, you know, things, manufacturing.
566.68
576.8
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t572.68
And so the way this is accomplished is...
572.68
578.96
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t576.8
So you're doing it with casting right now.
576.8
583.16
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t578.9599999999999
And casting half of the car, you can soon cast the other half of the car.
578.96
586.64
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t583.16
And other companies, why don't they try?
583.16
588.4
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t586.64
Why don't they try to do what we're doing?
586.64
594.16
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t588.4
In fact, one of the executives of another automobile company wanted me to introduce
588.4
595.8
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t594.16
her to you.
594.16
597.6
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t595.8
And you did that once at a meeting.
595.8
603.28
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t597.5999999999999
And now she wants to come visit with her director of engineering at our plant in Austin.
597.6
606.68
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t603.28
And I presume when I ask you, you're going to say, yeah, bring her on.
603.28
611.76
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t606.68
Because you innovate so fast, by the time anyone copies what we're doing, it's gone
606.68
613.24
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t611.76
to something else.
611.76
614.24
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t613.24
What else is there?
613.24
619.32
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t614.24
When you're casting, what else is there that enables us to make it cheaper?
614.24
621.32
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t619.3199999999999
We are eliminating a lot of other parts.
619.32
622.32
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t621.3199999999999
We're eliminating functions.
621.32
625.24
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t622.3199999999999
What are we doing to do that?
622.32
628.92
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t625.24
How do we sell a car that's so cheap?
625.24
635.12
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t628.92
I think the full explanation or at least an accurate explanation would take a long time.
628.92
642.04
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t635.12
Because at first approximation, a car is made of 10,000 unique parts and process steps.
635.12
650.08
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t642.04
And Tesla is really, I think at this point, probably the best at manufacturing in the
642.04
653.56
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t650.08
auto industry, which I think nobody was expecting.
650.08
657.68
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t653.56
Probably in the history of the world.
653.56
658.68
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t657.68
Probably.
657.68
659.68
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t658.68
Yeah.
658.68
673.44
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t659.68
So, well, I've got this like first principles algorithm that I find to be very helpful in
659.68
679.56
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t673.4399999999999
the design and manufacturing of anything.
673.44
682.44
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t679.56
People here may find it helpful.
679.56
689.88
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t682.44
The first thing you should do is make the requirements that you've been given less
682.44
691.96
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t689.8800000000001
dumb.
689.88
696.76
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t691.96
Whatever constraints and requirements were given, they were to some degree dumb and you
691.96
697.76
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t696.7600000000001
want to make them less dumb.
696.76
705.88
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t697.7600000000001
If you don't start with this, then you get the right answer to the wrong question.
697.76
711.44
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t705.8800000000001
And the requirements must be given from a person who can explain the requirement, not
705.88
712.44
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t711.44
from a department.
711.44
717.4
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t712.44
Because then you don't know who to talk to.
712.44
723.32
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t717.4000000000001
Then step two is delete the part or delete the process step.
717.4
726.12
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t723.32
This sounds extremely obvious.
723.32
732.2
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t726.12
And yet over and over again, we have found that parts were not needed.
726.12
737.08
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t732.2
They were just put in there just in case or by mistake.
732.2
741.68
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t737.08
Or there was a step that people, someone thought was needed, but was not actually needed.
737.08
747.28
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t741.6800000000001
This sounds insanely obvious, but we've deleted so many parts from the car that were did nothing.
741.68
750.08
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t747.2800000000001
They were just there?
747.28
751.08
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t750.08
Well, yeah.
750.08
757.92
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t751.08
I mean, I can give you so many examples.
751.08
764.6
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t757.9200000000001
One example was there were three fiberglass mats on top of the battery pack.
757.92
768.56
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t764.6
They partially covered the battery pack.
764.6
772.96
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t768.5600000000001
I was on the battery pack production line and it was the number one thing choking battery
768.56
773.96
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t772.96
pack production.
772.96
781.08
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t773.96
We were gluing on these three fiberglass mats to the top of the battery pack.
773.96
785.66
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t781.08
So the reason I repeat this over and over again myself is that I first did things backwards.
781.08
788.42
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t785.66
First I tried to automate it.
785.66
793.76
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t788.4200000000001
Then I tried to accelerate it, just have this go faster.
788.42
800.76
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t793.76
Then I tried to simplify it and only then did I delete it.
793.76
811.72
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t800.76
Because it turned out that the team at Tesla that does noise and vibration minimization,
800.76
817.4
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t811.72
so making the car quiet, thought that the fiberglass mats were there because of the
811.72
821.84
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t817.4
battery safety team, which were battery fire prevention.
817.4
826.04
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t821.84
And then I asked the battery fire prevention team what were they needed for and they said,
821.84
827.04
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t826.0400000000001
oh, noise and vibration.
826.04
832.2
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t827.0400000000001
I'm like, okay.
827.04
838.48
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t832.2
So then we had two cars drive, one with a microphone in the car, in each car, and you
832.2
840.26
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t838.48
could not tell the difference.
838.48
845.08
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t840.26
So we went to all that trouble for a part that should not exist.
840.26
851.4
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t845.08
And then another example was there was a, again, this was like, these were choke points
845.08
852.8
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t851.4
in the entire production system.
851.4
857.52
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t852.8
That's why I'm running around the production line trying to fix the production line, just
852.8
864.48
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t857.52
like a maniac, a Tasmanian devil, just running around the factory like a lunatic.
857.52
871.08
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t864.48
And let's see, we had the body production line in a Model 3 was at one point stuck because
864.48
879.44
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t871.0799999999999
we had a laser welding cell to weld a small cross car beam in the passenger footwell of
871.08
881.68
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t879.44
the front seats.
879.44
886.16
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t881.6800000000001
And I'm looking at this sort of this beam and I'm like, what the heck does that do?
881.68
894.8
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t886.1600000000001
Because the entire factory stopped trying to get the laser weld cell to work.
886.16
898.6
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t894.8000000000001
And I'm like, I can't imagine what a useful thing it could do.
894.8
902.2
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t898.6
And then the production team said, oh, that's for crash safety.
898.6
905.56
Ron Baron Interviews Elon Musk at the 29th Annual Baron Investment Conference
2023-01-04T17:38:21
https://youtu.be/E-squeb0YJA
E-squeb0YJA-t902.2
So then I called the crash safety team and said, is this for crash safety?
902.2
909.64