Tesla: The Industry Leader (and no it is not EVs)

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A lot is made of Tesla. Many want to compare it to other car companies. This is a mistake.

In this video I discuss a field that Tesla could be poised to dominate.


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I think Tesla is going to be where GE used to be. I think GE went wrong by over diversifying. Tesla seems to be building synergy in its production. As you said, vertical integration. However, it's not just to produce cars. It also serves solar, storage, and probably even power transmission.

If households can sell off excess power, there is opportunity for other things. Imagine going on vacation and having your home help offset your travel costs because you aren't consuming all the power your home is producing. Perhaps your rental property has two sources of income.

There are even people thinking that Tesla may enter the home HVAC market because of their experience with Bioweapon Defense Mode on their cars.

If they can standardize and scale their component production across product lines, they may have cost advantages competitors cannot realize without cutting corners or deeply innovating.

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Summary:
In this video, Task discusses the perception of Tesla as a company. He presents the argument that while many view Tesla as a car manufacturer due to their focus on vehicle sales, he believes Tesla is more accurately described as a technology company, especially due to its disruptive potential across various industries. Task delves into Tesla's significance in the battery industry, highlighting their partnerships with companies like Panasonic and LG and their acquisition of battery research firms. He emphasizes the importance of battery advancements, including the potential for a million-mile battery, not only in the automotive sector but also in energy storage solutions. Task predicts a shift towards transportation as a service and emphasizes Tesla's potential dominance in the energy storage sector over traditional automobile manufacturing. He closes by discussing Tesla's strategic moves towards vertical integration and securing battery production.

Detailed Article:
Task kicks off the video by revisiting the ongoing debate over how Tesla should be categorized. While some label it solely as a car company due to its vehicle sales, Task argues that Tesla's disruptive innovations across multiple industries align more with a technology company paradigm. Drawing parallels to Apple's history of transforming various sectors, he suggests that Tesla's impact spans beyond just automobile manufacturing.

Transitioning to the battery industry, Task highlights Tesla's role as a significant player in this sector. Despite the dominance of established companies like Panasonic and LG, Tesla's collaborations with these firms, particularly in battery production at Gigafactories, position them as a major consumer within the battery market. He underlines Tesla's proactive approach in mitigating dependency risks by acquiring battery research firms and hinting at plans for a groundbreaking million-mile battery set to be unveiled at their upcoming battery day event.

Moving forward, Task shifts the focus from electric vehicle sales to energy storage capabilities. Pointing out Tesla's optimistic outlook on their energy storage division surpassing their automobile division, he emphasizes the rising importance of battery storage technologies in utility grids, microgrids, and decentralized electrical systems. Predicting a rise in transportation services rather than car ownership in the future, Task projects Tesla's trajectory towards becoming a leader in energy storage solutions.

Furthermore, he touches upon Tesla's strategic maneuvers towards vertical integration and securing the battery supply chain, indicating a potential inclination towards in-house battery production, and even mining resources for battery manufacturing. Task concludes by highlighting the critical role of battery production in scaling electric vehicle manufacturing and suggests that other automobile manufacturers may face challenges in battery sourcing when attempting large-scale electric vehicle production.

In closing, Task encourages viewers to consider the broader impact of Tesla's endeavors in reshaping the automotive and energy sectors, emphasizing the company's potential for dominance in energy storage solutions and the importance of securing the battery supply chain in the evolving landscape of electric vehicle production.

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