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Tesla Competition? VW Going To Spend Close To $200 Billion To Transition To EVs by taskmaster4450le

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hive-167922 · @taskmaster4450le ·
$7.08
Tesla Competition? VW Going To Spend Close To $200 Billion To Transition To EVs
<center>

[![](https://ipfs-3speak.b-cdn.net/ipfs/bafybeidq3ypxrwvcpdkdkrdjyij4ytnmrywi5gtx3vbd7ea2jp22a6uv2i/)](https://3speak.tv/watch?v=taskmaster4450le/leuaaixy)

▶️ [Watch on 3Speak](https://3speak.tv/watch?v=taskmaster4450le/leuaaixy)

</center>

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VW made a stunning announcement that it is going to have to spend a large fortune, most of that debt finance.

In this video I discuss how Tesla is actually so far ahead of the competition it is amazing.  How much money do these companies need to spend to even get to the point Tesla is at now?

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▶️ [3Speak](https://3speak.tv/watch?v=taskmaster4450le/leuaaixy)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 41 others
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vote details (105)
@ai-summaries · 
**Summary:**
Taskmaster discusses Volkswagen's recent announcement of investing $190 billion in electric vehicles, batteries, and electrification to catch up to Tesla. He expresses skepticism about Volkswagen's ability to catch up profitably and highlights Tesla's current profitability and expansion plans. Taskmaster emphasizes Tesla's lead in the EV market and questions if legacy auto companies can keep up with Tesla's pace of innovation.

**Detailed Article:**
In this video, Taskmaster analyzes Volkswagen's ambitious plan to invest $190 billion in electric vehicles (EVs), batteries, and electrification. He starts by pointing out how legacy auto companies like Volkswagen are lagging behind Tesla, stating that Volkswagen's attempt to catch up with a massive investment may not lead to successful results. Taskmaster expresses doubts about Volkswagen's ability to produce electric vehicles profitably, especially considering the substantial debt the company would have to take on to finance its EV endeavors.

Taskmaster contrasts Volkswagen's uphill battle with Tesla's current standing and future plans. He highlights Tesla's ongoing investments in new factories, expanding product lines, and innovations in battery technology such as the 4680 cells. Taskmaster underlines Tesla's profitability and growth trajectory, predicting Tesla's production of two million electric vehicles profitably and potentially reaching four million by 2025.

The discussion shifts to the financial aspect, with Taskmaster questioning the effectiveness of Volkswagen's massive investment compared to Tesla's leaner spending in similar areas. He raises the critical point of ensuring a return on investment for such a substantial sum and ponders whether Tesla can achieve comparable milestones with a fraction of the investment due to its existing infrastructure and technological advancements.

Furthermore, Taskmaster emphasizes the urgency for legacy auto companies to accelerate their pace of innovation to catch up with Tesla. He references industry experts like Sandy Monroe, who suggest that traditional automakers are years behind Tesla in terms of technological advancement and market positioning. Taskmaster concludes by asserting that legacy auto companies are facing significant challenges in keeping up with Tesla's rapid progress in the electric vehicle market.

In summary, Taskmaster's analysis delves into the competitive landscape of the EV market, contrasting Volkswagen's ambitious investment with Tesla's established lead. The video serves as a thought-provoking insight into the challenges and opportunities faced by legacy auto manufacturers in transitioning to electric vehicles and competing with Tesla's disruptive innovations.

---

*Notice: This is an AI-generated summary based on a transcript of the video. The summarization of the videos in this channel was requested/approved by the channel owner.*
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@jfang003 ·
RE: Tesla Competition? VW Going To Spend Close To $200 Billion To Transition To EVs
The companies are far behind and it's going to take some massive commitment to catch up. At the same time, I just think that Tesla has far less bloat compared to the other EV companies.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-taskmaster4450le-6f17bk)
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@pizzabot · 
<center>PIZZA! 


PIZZA Holders sent <strong>$PIZZA</strong> tips in this post's comments:
@stefano.massari<sub>(1/5)</sub> tipped @taskmaster4450le (x1)


<sub>You can now send $PIZZA tips in <a href="https://discord.gg/hivepizza">Discord</a> via tip.cc!</sub></center>
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@stefano.massari · 
Tesla is a company that since 2010 continues to see the future.  And given the latest stock market crash, I'm almost ready to buy Tesla stock !PIZZA
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@virtualgrowth ·
RE: Tesla Competition? VW Going To Spend Close To $200 Billion To Transition To EVs
Thank you for holding virtualgrowth [token](https://he.dtools.dev/richlist/VG).  You have been included in today's [post](https://leofinance.io/@virtualgrowth/virtualgrowth-token-post-sharing-of-top-holders-rich-list-315).
<CENTER>
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</CENTER>

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@virtualgrowth/re-taskmaster4450le-7gyytk)
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