Uncapped with Jack Altman · Jun 30, 03:33 PM UTC
Speaker says Tesla probably expected to own China market before realizing BYD would copy and cut prices
“>> provided that there actually is such a thing as a US company owning a market in China. >> This is not how it works. I mean, I think that's probably the thesis that Tesla had as well before they realized that BYD was just going to >> copy all their best stuff [clears throat] and cut the price.”
Quoted source · 59:53–01:00:10 · 9 source segments
- [1] 59:53–59:57
- [2] 59:55–59:58
- [3] 59:57–01:00:00
- [4] 59:58–01:00:02
- [5] 01:00:00–01:00:03
- [6] 01:00:02–01:00:06
- [7] 01:00:03–01:00:07
- [8] 01:00:06–01:00:09
- [9] 01:00:07–01:00:10
Model assessment
The transcript discusses Tesla's earlier thesis that BYD would copy its products and cut prices, but the speaker frames this as a past realization and offers no new positive or negative catalyst for Tesla.
18 exact transcript citations