11. Special Sauce
This guy
● Studied
business and
physics
● Built and sold
Paypal
● Runs SpaceX
● Chairman of
Solarcity
12. Special Sauce pt. 2
Elon Musk’s vision
● Overall: Shape the human experience on
multiple fronts
● With Tesla: Eventually produce electric cars
for the masses
Extra sauce: a $465 million government loan
14. Story 2
Tesla Crash Test Marketing
● Tesla claims to have the safest vehicle ever
tested in its vehicle segment
● 5.4 stars out of 5 based on Tesla’s calculation
NHTSA Pushes Back
● Not off the scale as Tesla claims
● “NHTSA strongly discourages the use of
potentially misleading words such as “perfect,
“safest”, “flawless” or “best in class” to describe
the star rating received by the vehicle”
19. Outlook 2
Failure
● Incredibly tough industry to disrupt
○ Extremely high startup costs + with low margins
○ Very tough to pay off debts
● Cars sold at an expensive price point with low volume
○ Tesla has only sold ~16,500 vehicles in their history
● A lot of large well established competition
○ Toyota sold ~9.5 million vehicles last year alone