PODCAST:Elon, Inc.
TITLE:Tesla Slows Down, X's Value Drops and 2024 is Just Getting Started
DATE:2024-01-02 00:00:00
URL:
MODEL:gpt-4-gizmo
The episode titled "Tesla Slows Down, X's Value Drops and 2024 is Just Getting Started" from the "Elon, Inc." podcast discusses several topics related to Elon Musk's business ventures, particularly focusing on Tesla and X (formerly Twitter). Hosted by Max Chafkin, the episode features a panel including Sarah Fryer and Dana Hall, both journalists at Bloomberg News.
Key highlights from the episode include:
Tesla's Fourth Quarter Sales: Tesla reported delivering nearly 485,000 vehicles between October and December, aligning with Wall Street's expectations. However, the company did not specify how many Cybertrucks were delivered, which raised questions about the model's production and delivery status.
Comparison with BYD: The episode discusses how Tesla lost its crown as the EV leader to the Chinese company BYD, backed by Warren Buffett. The conversation revolves around how this impacts Tesla's market position, especially in China, which is a significant market for the company.
X's (Twitter's) Declining Value: The panel discusses the report from Fidelity, which indicates that X's value has dropped by 71.5%, making it significantly less valuable than when Elon Musk purchased it. This drop in valuation happened amidst Musk's controversial management and public statements regarding the platform.
Predictions for 2024: The panelists share their predictions for the coming year. Sarah Fryer anticipates that X will have less influence on the 2024 elections than expected, while Dana Hall predicts that Elon Musk will increasingly portray himself as a victim of government overreach. Max Chafkin humorously predicts a closer alliance between Elon Musk and Italian leader Giorgia Meloni.
Impact of Musk's Behavior: The episode touches on how Elon Musk's behavior and decisions on X might affect Tesla's reputation and sales. The panelists discuss potential shifts in consumer perception and Tesla's market strategies.
Throughout the episode, the conversation provides insights into the challenges and developments within Musk's business empire, offering predictions and analysis for what the future might hold for Tesla and X in 2024.
