Link to the statement: <a href="https://youtu.be/ARS5sh9Ut7M" rel="nofollow">https://youtu.be/ARS5sh9Ut7M</a><p>I don't think the kitchen/chef analogy is questioning if Tesla can make a car. He's questioning if the company can scale to compete in all markets Toyota currently dominates.
The points would have been valid if Tesla did not have cars in the physical world.<p>You'd think that executives at established companies are well versed in "politics" and communication, and have learned that disparaging a new entrant has the opposite effect. Time and time again, you witness they haven't grasped that all it communicates is fear and, for the new entrant, this is as sweet as the scent of fresh coffee in the morning.
Of course <i>Toyota's</i> president would say that :joy:<p>The question is, why would any of us long-term TSLA investors trust that? We simply see these articles as mere attempts to scam people out of their shares. The legacy media is not saying this stuff for the benefit of retail investors. We know what an S-curve is...
Of course its real. It's not imaginary. Maybe the president of Toyota can't imagine it, which seems likely.<p>I think Toyota will always lag Tesla, because of the batteries. Either Toyota invent their own and build a plant, which will cost billions. Or they use Tesla batteries. Either way Tesla is ahead.