I wrote a detailed article last year describing Tesla’s insurmountable advantages versus legacy automakers. Some of my reasoning at the time came from listening to Sandy Munro’s views about Tesla engineering based on the various vehicle tear-downs his company, Munro & Associates, conducted comparing Tesla technology versus others. Munro has used the term “magic” when describing Tesla vehicle engineering. Motors, battery engineering, and electronics have all been described by Munro as unmatched by others.
During a wonderful interview on The Daily Drive podcast, Munro gives more insight not only into Tesla, but also into the global EV space as well. Here are a few highlights which might impact how you choose to invest in the electric vehicle space.
There are no comparisons to Tesla from an engineering and design perspective.
Tesla has a 5 to 10 year lead over most others.
After spending 4 hours with Elon Musk at SpaceX, which included attending meetings, Munro confirmed that Musk is unlike most other CEOs. Musk knows everything, from materials and processes to the machines used in manufacturing.
Chinese EV companies like BYD, Geely and several others are ahead of many U.S. automakers.
Chinese EV automakers will invade the U.S. market.
GM, Ford, VW and other legacy automakers will get smaller.
After 1908, ICE vehicles won the day against electric vehicles after the invention of the electric starter. This time, EVs will win against ICE vehicles.
By 2030, ICE vehicles will be worthless. Nobody will want to buy one.
Tesla: 26%
Apple: 15%
Google: 12%
Microsoft: 13%
Amazon: 11%
Nvidia: 10%
General Motors: 14%
What I’m Reading
Disclaimer
TaaSMaster, LLC is not a registered investment advisor or broker/dealer. All investment opinions expressed by TaaSMaster, LLC are from personal research and experience of the owner of the site and are intended as educational material. Although best efforts are made to ensure that all information is accurate and up to date, occasionally unintended errors may occur.