Chapter 1: The Critique of Tesla

The irony is palpable: Tesla enthusiasts are often branded as experiencing 'mass psychosis.' But who truly holds the deluded perspective?

In 2020, Bob Lutz, formerly with GM and Ford, characterized the fervent investment in Tesla as a form of 'mass psychosis.' Furthermore, GM dismissed Tesla in the 2010s as merely 'engineers tinkering with laptop batteries.'

Since those remarks, Tesla's market capitalization has skyrocketed by 5 to 100 times. The company has reached nearly 2 million vehicles produced annually and boasts the highest profit margins in the automotive sector, second only to Ferrari. The Model Y has become the best-selling car globally. So, who is truly suffering from mass delusion?

Could it be the skeptics who, even in 2023, refuse to accept Tesla's success? Or those who doubt the potential of AI-driven Full Self-Driving technology in this remarkable new era of effective artificial intelligence?

When evaluated on key metrics such as innovation, manufacturing efficiency, safety, profitability, and quality, Tesla undeniably stands at the forefront of the automotive industry.

Indeed, traditional automakers like GM and Toyota find themselves lagging and face the risk of bankruptcy. At least Ford acknowledges its position in the race. How did this transformation occur?

The answer is straightforward:

No legacy automaker has been led by a true scientist—or someone who thinks like one—at least not one who remains engaged in scientific thinking.

This is the crux of the issue.

Real scientists revert to fundamental principles. For instance, consider the remarkable energy density of laptop batteries. They can provide an excellent foundation for electric vehicles. A quick calculation shows that electric cars powered by these batteries can achieve impressive ranges and acceleration times, all while having minimal moving parts.

This domain is ripe for substantial economies of scale. Initially, we can produce small quantities aimed at affluent customers right now.

This was the day the automotive industry underwent a transformation.

While I can't claim to have extensively contemplated electric vehicles in the 1990s, the power-tool batteries I utilized for my home renovations prompted significant thoughts about the future of robotics and androids. What hindered progress back then was the rudimentary state of vision AI.

Chapter 2: Understanding Mass Psychosis in the Context of Innovation

In this video, we explore the concept of 'mass psychosis' and how it relates to societal behaviors and perceptions, particularly in the context of Tesla and its enthusiasts.

This video delves into how a population can become collectively misguided and offers insights on navigating through the noise, emphasizing the importance of critical thinking and awareness.