LET'S SHADOW ELON MUSK IN FULL!

I mean / first of all it's important to / understand like / what has tesla actually accomplished that is most net worthy. // It is not the creation of / an electric vehicle / or creating electrical vehicle prototype or / low volume production of a car. // They've been hundreds of cars startups over the years. // Hundreds. // And, / in fact at one point / Bloomberg counted up the number of electric vehicle startups / and they I think they got to almost 500. //So the hard part is not / creating a prototype or going into limited production. // The absolutely difficult thing / which has not been accomplished by an american car company / in 100 years is reaching volume production / without going bankrupt. // That is the actual hard thing. // The last company, / american company, / to reach volume production without going bankrupt / was Chrysler / in the 20s. // - Right / and it nearly happened to tesla? / - Yes, / but it's not like, / “Oh geez! // I guess if we just done more manual stuff / things would have been fine.” // Of course not. // That is definitely not the case. //So / we basically messed up / almost every aspect of the model 3 production line, / from cells / to packs / to driving motors, / motors, / body line, / the paint shop, / final assembly, / everything, / everything was messed up. // And I lived in that, / I lived in the Fremont / and Nevada factories / for three years, / fixing that production line running around like a maniac / through every part of that factory, / living with the team. // I slept on the floor / so that the team who was going through / a hard time / could see me on the floor. // That they knew / that I was not in some ivory tower. // Whatever pain they experienced, / I was, / I had it more. //

LET'S UNDERSTAND!

1. What is the hardest thing that American car companies have never accomplished in 100 years?

2. How many car startups have been established over the years based on Bloomberg's count?

3. How did the speaker describe Chrysler?

4. What is the speaker's purpose of the speech?

5. How do you view the role of hands-on leadership and personal involvement in overcoming production challenges and building a successful company?

LET'S RECAP!