Crazy, Scary, Genius, Hilarious - Auto Industry Stalling With Uncertain Future
12PointFive Minutes by CEI Media Group
Episode notes
12PointFive Minutes: S3-Ep08 - In this episode, the automobile industry needs its own GPS directions as the future seems uncertain, eclectic vehicles are taking losses and autonomous cars are endangering customers.
Key takeaways:
Elon Musk’s take that people “won’t need to worry about retirement in 20 years” lands as out of touch to the hosts, who point to missed promises like Hyperloop and roof shingles powering EVs.
The hosts question shifting U.S. policy around EVs, noting a claim that GM could face a huge loss and wondering how that squares with priorities like jobs, unions, and manufacturing.
Warren Buffett’s view that Tesla is more “gamble” than investment resonates as a reminder to stick to basic business principles.
Waymo’s safety is a big concern: stories of a rider ...