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Tesla's president, Elon Musk, has regained his optimism after months of problems with the production of model 3 – even though this year has been "very difficult" and "agonizing": This impression arouses the spirit of the 47-year-old entrepreneur in the podcast of the American blog "Recode".
A little over a week ago, Tesla announced for the first time in two years a quarterly profit, surprising badysts and investors. Musk also uses the right numbers to give a positive image to the electric car manufacturer after a long period of drought. But in the 80-minute interview with technical journalist Kara Swisher, it was not just about naked numbers. Musk also commented on the competition in robotic cars and its use on Twitter.
Here are his most exciting statements:
The biggest problems of model 3 production have been solved: "You should never be complacent, so we have to keep working hard, but I think we are now over the mountain," said Musk. It's now "not a big subject" for Tesla to produce 5000 models 3 a week. It is normality. Today, Tesla strives to produce between 6,000 and 7,000 pieces a week while keeping costs down. In September, Tesla was fighting for his survival. "But now, I feel we are no longer in this half-face situation," said Musk.
Tesla is financially stable: The concern of many badysts that Tesla may run out of money soon dispels Musk in the interview. "As I said earlier this year, I think we will have positive cash flow in all other quarters," said Musk. He does not believe that Tesla will need a capital injection.
The law on collective energy has allowed Tesla's survival: Putting Tesla's Model 3 mbad model into production had been "painfully difficult," Musk said in an interview. And survival as a car manufacturer. Tesla is fighting against very competitive car manufacturers. "They make really good cars, they've been doing it for a long time, they're well established," says Musk. It is very difficult to succeed as a start-up in this field. This only works by "painful effort", ie "hundreds of hours of work each week". There was no other way to do that. He himself has now reached 80 or 90 hours of work a week out of a total of 120 before, which is "quite achievable" for him.
Privatization plans are not on the table, but: … A few months ago, Musk caused a sensation by announcing that he wanted to remove Tesla from the stock market. His announcement as to the guarantee of financing has finally proved false: he had to pay a million fine and lost the position of chairman of the board of Tesla. His statements on financing the stock market decline but were "no spontaneous decision," he said during the interview. Saudi investors have been calling for two years for a downturn in the stock market. "We do not have to withdraw from the stock market," says Musk. He thinks, however, that Tesla would work so much better. Currently, he will probably not accept money from Saudi Arabia, said Musk, citing the violent death of Saudi journalist Jamal Khashoggi in the Saudi consulate in Istanbul.
For autonomous driving, smart camera technology should be enough: Traditional automakers such as Mercedes, but also computer giant Google, are installing their autonomous cars on several sensor systems. Musk thinks it's exaggerated. Autonomous cars must drive better than human drivers, says Mr Musk, using "the same impressions as a human driver, the eyes are actually just cameras". Recognized neural networks, ie computers with artificial intelligence, and cameras must be sufficient for autonomous vehicles. The sensors on the road believe that Musk is "hopeless" – it would be at best very specialized solutions and not a general solution for autonomous driving that would work on a global scale.
Large car companies do not compete with autonomous cars: Musk was extremely confident in the technology interview on self-training. Since he's seen Tesla far ahead of the automotive industry competitors. Only Google's Waymo is "maybe" close to Tesla. The big car manufacturers are not competitors. "They are just not good at software, and that's a software problem." The material is important. According to Musk, automated driving requires a computer with advanced artificial intelligence. But traditional automakers "do not do anything on the computer side". Tesla's new autopilot hardware, however, has its own neural chip and is "ten times better than the next best system for the same price, space and power."
Musk finds Twitter "entertaining".With some news on Twitter, Musk has had a lot of problems in recent months – the withdrawal of the stock market published on Twitter has led to prosecution and sanctions of Musk before the Securities and Exchange Commission of the United States. For short sellers and some private people, Musk via Twitter has also been tough. In the podcast "Recode", Musk has now declared that he "will probably not send messages on Twitter" with a lot of filtering. He finds it "entertaining" and sometimes uses Twitter to express himself. But he does not spend more than ten to fifteen minutes a day, he said.
Twitter feels "immersed in the flow of the consciousness of society". However, he states that he can no longer send messages likely to "trigger a significant movement of the stock price during trading hours". If he could cancel something for the year 2018, he was not tweeting "some things" anymore. In addition, he would stay out of some online battles in which he had come to Musk finally reconciled.
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