Wow. Two gentleman who are technically "enemy's" and competitors in the same industry having a productive conversation and being respectful to one an other. It was so refreshing to see this, I wish people will carry themselves like that in today's age.
You can blame that on the financialization of the economy as well as the increase in technology that lets people pick and choose who they associate with, leading to the loss of the ability to effectively communicate with people who aren't like you.
Seven years later... 2018 vehicles sold (January to November ): Chevrolet Volt: 18,648 (will not be produced any more in 2019) Chevrolet Bolt: 16,907 Tesla Model 3: 114,532 GM announced will close 5 assembly plants in North America in 2019
*@Andrew Lohbihler* -- Rewind, and listen more closely. He started with the caveats that Tesla would have to _'overcome'_ certain challenges, particularly distrubution and sales, which he assumed Tesla would be using the same _'Independent Franchised Dealerships'_ that GM, Ford, & Chrysler had been saddled with for decades. He knew full well they were a contentious group, that they would NOT make it easy for a newcomer, would not be easy to deal with. He had no idea whatsoever that Tesla would simply bypass Dealerships entirely, to sell direct to consumers. Best way to avoid problems? Don't go there. Tesla has outsold Acura, Alfa Romeo, Cadillac, Chrysler, GENESIS, INFINITI, Lincoln, Lexus, Maserati, and Porsche brands each in the U.S. through 2018 and 2019 because they do NOT use _'independent franchised dealerships'_ at all. It turned out to be the correct decision. No fully electric vehicle from any manufacturer has outsold Tesla's EVs nationally in the U.S. while being sold through dealerships. Thereby proving *Elon Musk's* point, that Tesla wouldn't survive using dealerships as their sole distribution and sales method. _'Independent Franchised Dealerships'_ make the majority of their profit, around ~60% or more from sales of parts, maintenance, and service. Things that EVs should not need with any frequency. So dealers have no motivation to sell EVs they will then almost never see again as a paying customer.
@@Andrewlohbihler -- Despite being an _'industry expert',_ *Bob Lutz* has proven to actually know NOTHING about how Tesla operates at all. Yes, this was in 2011. GM had released the Chevrolet VOLT in late 2009. Though GM artfully crafted the term _'Extended Range EV' (EREV)_ through their marketing department to describe it, no one was fooled. It was immediately defined as a _'Plug-In Hybrid Electric Vehicle' (PHEV)_ instead by the automotive press. GM tried to use some technical jargon to confuse the matter, saying that their own term EREV was a more apt description than PHEV, but they eventually gave up. Bottom line -- the VOLT was a gasoline powered car that offered _SOME_ fully electric range. NOT the opposite, as GM had claimed. *_'Finally! An electric car that runs on gas!'_* ...proclaimed the sole commercial they ran in California for the Chevrolet VOLT _(pretty much lifting Toyota's initial advertising campaign for the PRIUS, verbatim)._ At the time, Tesla had only released the Tesla Roadster, in limited quantities. They had Delivered _(SOLD)_ around ~2,600 units worldwide between 2008 and 2011. A laughable, easily dismissed quantity to a former GM Exec. A _'boutique'_ level of sales to be ignored. An insignificant portion of bespoke vehicles designed to be _'Toys... for the RICH!'_ Nothing more. So, *Bob Lutz* could be forgiven for his perspective and presumption. He probably expected Tesla _'might'_ prove to be a worthy competitor to Ferrari or Lamborghini, McLaren or Maserati... _'some day'._ No way could he have forseen that less than a decade later Tesla would outsell Cadillac, Chrysler, and Lincoln in the U.S. in two conscutive calendar years, 2018 and 2019. And he had no reason back then to investigate to learn that Tesla had NO _'Independent Franchised Dealerships'_ anywhere in the U.S. or worldwide. So, he didn't actually know that Tesla sold direct, and wisely, *Elon Musk* didn't tell him, didn't interrupt him, didn't correct him, as he went on a tirade about Tesla's _'hardships'_ or _'barriers to success'_ to come. In fact, *Elon Musk* was notably cagey in NOT mentioning Tesla's intent to KEEP selling direct to consumers. Something no division of GM, Chrysler, or Ford was allowed to do at all. He kept those cards close to the vest. Knowing full well he should NOT encourage the wrath of a lobbying base such as NADA _(National Automobile Dealers Association)_ who might take issue with an attempt to _'cut them out of the loop'_ for selling NEW cars. Of course, *Bob Lutz* was similarly cagey, not mentioning that it was incredibly hard to get dealerships to accept sales contracts for the Chevrolet VOLT. Why would dealers resist selling an awesome new car? Over 60% of the annual profit margin that _'Independent Franchised Dealerships'_ make each year is from Maintence, Repairs, and Service. Functions that are all greatly reduced with electric vehicles. Hence, exactly why the VOLT included an ICE. Traditional conventional legacy ICE automobile manufacturers are afraid to release fully electric cars in large quantities because it would really *[PEEVE]* their actual customers -- dealers. Because they are not allowed to sell to anyone else. Also, because much of their accounting of vehicle profitability literally is based upon constant recurring income from licensing of parts as OEM to third party suppliers, who then provide supply chains to stores like AutoZone, O'Reilly, NAPA, Pep Boys, etc. over the next two or three decades. But none of that revenue would be forthcoming with a properly built EV. So traditional conventional legacy ICE automobile manufacturers don't actually want to build Electric Vehicles. Because not only would they not make money from the initial sale of EVs, but they'd have to _'give up'_ on the revenue they'd get on the backside of ICE transactions in the long run. Because, really? There's no way to build an EV in a manner that it will spontaneously decompose _(fall apart)_ in a predictable manner just as the warranty expires. EVs don't have a built-in, guaranteed market for spare parts. Basically, once you get them to work, they'll operate for decades, perhaps over 100 years. Wiper fluid, wiper blades, tires, and rarely maybe brake pads and perhaps brake fluid. That's about it. *Bob Lutz* didn't even know that Tesla designed and built their own motors in-house. He thought that Tesla bought them off-the-shelf from third parties, like _'everyone else'._ He didn't know that Tesla specifies a particular formulation of battery that Panasonic builds for them, using those instructions. He didn't know Tesla has their own battery management software, designed to operate using the battery cell's and battery packs they designed in-house. Etc., etc, etc... *Bob Lutz* knew NONE of that. Hence, why he is so confused about Tesla's popularity, their sales success, or the company valuation. And, why he constantly points to Tesla's _'lack of'_ an ICE business to _'fall back on'_ or to _'drive profitability'._ He quite literally does not understand. He has so many years of _'experience',_ being deeply engrained in a business designed to sell spare parts eternally, to transform their vehicles into _'rolling spare parts conveyances'_ gradually, over the course of several years or decades, that he simply is not equipped to comprehend nor understand the notion of a car company that does the exact opposite. A company built from the ground up to make money on the front end, the initial sale, rather than the continual replacement and sale of spare parts. See, around 40 years ago the *Detroit Big Three* _(Chrysler, Ford, & GM)_ adopted the principle of the _'Loss Leader Vehicle'_ across their entire product lines. That was a mistake. The idea was to sell units, to move iron, to lock consumers into acceptance and reliance upon their their own specific and proprietary ecosystem of spare parts and replacement components. Because an Alternator for a Chevrolet might work on a Pontiac, Buick, or Cadillac, but would never work on a Lincoln, Mercury, Plymouth, or Chrysler. All those parts were designed to wear out, to fail, from the outset. So that you'd go back and buy more. Dealers didn't care, because every Chevrolet Chevette they sold was one less Ford Escort, or Dodge Dart that was sold by the dealership next door, across the street, or across town. And that ALL the revenue for maintenance, repair, or service would come to them, instead of competitors who sold other marques. So a cheap, substandard, pitiful, POS car only needed to SELL, not be profitable at the point of sale, to guarantee constant revenue generation in a lucrative fashion -- for years to come. The market shifted slightly, as Chrysler introduced _'Bumper-to-Bumper Warranties'_ of *Three Years or 36,000 Miles,* but not too much. It just meant you could count on about three years of driving before the cars would cease to operate properly. Yay? Mysteriously stopping/starting, failing outright, exactly as they had been designed to do. Such warranties became ubiquitous in the industry, and gradually increased, to 50,000 then 60,000 to 75,000 miles and now 100,000 mile warranties across numerous brands. At Ford, Quality became _'Job #1'_ supposedly. And really, it was all just marketing. *Lee Iaccocca,* of Chrysler wanted to directly combat the notion that Japanese cars, particularly Honda and Toyota, were _'more reliable'_ or _'better built'_ somehow. He didn't believe it. And he felt that by forcing those companies to adopt the warranty policies he began at Chrysler, he could HURT them financially, by forcing them to prove it. Since then, both Chrysler and GM have gone bankrupt. Honda still thrives. Toyota has had the best-selling car in the U.S. for around 25 years straight. And both have higher valuations on the NYSE than any of the Old Gaurd out of Detroit. Chrysler completely abandoned the fuel efficient Midsize passenger car market years ago, and both GM and Ford followed suit barely two years later. Another contributor to their demise was that in addition to the _'Loss Leader'_ strategy, Detroit automakers also became _'banks'_ offering financing options to buyers. Somehow expecting to make money _'on the backside'_ of transactions via the magic of compound interest and late payment fees. They counted cash owed to them as _'Profit Earned'._ Another _'creative accounting'_ error that has cost them greatly. Especially when they offered _'Factory Cash!'_ at 0% interest.
Actually, the Prius has been getting better and better looking as they have evolved. When they first came out though, they were incredibly ugly. I believe this actually added to their success because they were extremely noticeable and therefor made a clear statement. The people who bought it at that time were trying to make a statement and by buying a Prius they made it very clear that they were buying that car to save the environment. Toyota needed this in order to get people to overcome their fears of buying a car that relies on a lot of new and possibly unreliable technology. The fact that Toyota made a great car is what contributes to it's continued success. Now anyone and everyone who wants to save money on gas is willing to buy a Prius.
3:11 Lutz's cell phone goes off - really fitting, just a guy who is out of touch. Not saying Tesla will win necessarily, or that Lutz has achieved many things, but his Tesla criticism of late is getting old.
Bob lutz was that person that said lithium ion batteries won't work in a car. The way I imagine Bob lutz reaction to the roadster is like that scene in Iron man where Obadiah was yelling the scientist for not being able to do what Tony did in a cave with a box of scraps. Which makes scenes because elon musk is the real life iron man
It's amazing how far Tesla has come. from Lutz's later comment s about Tesla I think he didn't really believe Tesla would take off. Elon said the model S would be the safest and it and the model X are both 5 Star rated. He said that they would get to 20,000 model S cars and now the make close to 100K Model S and Model X combined. Plus who would have imagined SpaceX reusing rockets 6 years ago.
In the meantime GM just axed & discontinued the 'pretty' Volt and Toyota is still selling not only the Prius but hybrids on their entire lineup (excluding trucks) AND people around the world can't wait to get their Teslas
www.businessinsider.com/tesla-model-3-best-selling-ev-us-this-year-2019-7?r=US&IR=T For the US market, GM Bolt is the 3rd best selling EV after Tesla's Model 3 and Model X. These were the five best-selling electric vehicles in the US during the first half of this year, according to InsideEVs: 1. Tesla Model 3: 67,650 2. Tesla Model X: 9,000 3. Chevrolet Bolt EV: 8,281 4. Tesla Model S: 7,225 5. Nissan Leaf: 6,008. GM is focusing on Hummer EV www.cnbc.com/2020/02/01/general-motors-playing-to-its-strengths-with-the-gmc-hummer-ev-pickup.html GM is building its own "Giga factory" with LG Chem. electrek.co/2019/12/05/gm-announces-its-own-battery-gigafactory-with-lg-chem-30-gwh-of-capacity-below-100-kwh/
Elon is just a beautiful person, truly an Angel of the world, of God, pf the good force. What a beautiful person. Pity we dont hsve people like him in government. So sincere. And look now down the line to 2018 where he has come and where tesla and spaceX are. Amaizing what a person can achieve. What battles they have come through been on the brink of bankruptcy pushing the limits bit making it because of a vision with integrity. All of us that support him are paet of this future. Well done
So where do people get off saying Tesla doesn't deliver.... this is before the Model s came out and the Model S Meets or beets all the stats that Elon stated (except maybe the 50k price) Base was more like 60k, and Tesla has stayed on track with everything Elon said here over 8 years ago and is doing everything that Lutz was saying, but somehow he is blind to it.... The Model 3 is right now completing that original vision... and is dominating the market right now. and it didn't take decades.... but Lutz will never admit that... never..
[MyEyesBled] Considering that GM is a MASSIVE corporation with MANY people and lots of "moving parts" it is extremely hard to say Lutz made junk. The Execs at GM made more shitheaded decision often ignoring Lutz's warning about what they are about to do, to even pretend he was at fault. And Lutz had never really been wrong. It tended to be when his hand was taken off a thing did it go to pot. Also Lutz was never CEO of GM so he never sent jobs overseas. Really you are one of those Jerk-knee ninnies that really doe snot not know enough about the subject to really have a real point.
[Rational Thinker, easy target] Yes and Donald Trump is smarter that you for the same reasons. Elon Musk is like Steve Jobs, a brilliant idea man but does not have the intelligence or smarts to any of it himself. He is NOT a real life "Tony Stark" analog. If anything he is a younger version of Bob Lutz, a man who is rarely actually wrong. Musk simply is not ass wise yet.
Shuffle3956, He is, like so many, bereft if a anything to really believe in. He NEEDS a God and Musk is it for him and a rather disturbing number of people. "My god is better than yours" as if anyone actually worships Lutz in that way. To be honest Lutz was right so often if he was CEO of GM, FORD, or CHRYSLER, as he has working for all three, and GM twice, they would be such better companies as to have squashed Tesla very quickly. But Lutz was not and the people who did not have eh wisdom and expeince he does made decision that made them all weaker or make decisions that curtailed their greatness for many years.
Bob is great, he should be part of gm today. You can’t get that kind of realistic experience of so much... he still has great things to add to Mary’s great work
tesla has gone a long way. proving naysayers wrong every step of the way , even convincing some, case in point Bob klutz, to reconsider. now that is a gigantic feat. goal achieved Mr Musk.
I don't think either the host or that Bob guy understands what the hell Musk talks about. This guy is too smart for this planet. Otherwise the host would ask questions related to Mausk's answers and not from the script.
@rsm 287 Tesla never made a car with a 40kwh battery, they had a 60kwh battery and was software locked so a person could purchase extra range after purchase. Most people did chose to do the upgrade.
He's talking about using domestic supplies rather than importing oil. If we have to use oil we should be using domestic sources if at all possible. He wasn't saying it just to have more oil. He was clear that he wants to see the US get off of using foreign oil. He isn't actually opposed to electric cars, he just has an adversarial relationship with Tesla (only so so with Musk).
It's nothing new. Before North Sea oil, the U.K. produced almost all of their (mostly Hydrogen) gas from coal. The side products included heavy oils, bitumen and coke. Those coke plants used to really stink. Things began to change in the late 1960's, when 'natural gas' arrived.
Robert Blackford False. Your statement is at best misleading and quite frankly completely disingenuous. It would be more correct to say that the electricity used by Elon's cars CAN be generated by coal. However it could also come from gasoline, diesel, wind turbines, solar panels, nuclear power plants, geothermal power plants, or whatever other method of generating electricity. Even when generated by coal and other so-called fossil fuels, an Electric Car will still ultimately run more cleanly than an internal combustion engine. I'm not even a 'climate change' freak and I can at least admit that much. I don't hate ICE automobiles, but I do think that EVs are generally better, or will be. However, that is just my opinion. I want to see us completely off of foreign energy sources, as to me it is a matter of National Security. So that means EVs.
Agree completely, Robert. What I think REALLY isn't being taken into account by all these good-doers is how all these coal and nuke plants have been taken off line over the last 2 decades while the demand on our pathetic electric grid infrastructure has increased. Now they want to add charging EVERY future car, suv, and truck to that load?? A small part of the northeast recently got hit hard up here by a seemingly innocent cold front/wind storm blowing through and many areas didn't have electricity for a week. People were going out of their precious little minds. Now add to that not being able to charge your vehicles and being STUCK at home with no power. No thanks. And that was a tiny area of maybe a 50 mile radius. Extrapolate that to a major regional or national natural event or even a foreign enemy tinkering with the grid. How's that working for us? Not good! Not to mention, this "success" of Musk's is all on the backs of U.S. taxpayers. Five Billion bucks worth while STILL operating at a financial loss. Yet Tesla is somehow already valued higher than Ford Motor Co, makers of the best selling vehicle in America. That ain't business. That's welfare.
In this first generation, there was a 40 kWh version at $49,990 with no option that was skipping out shortly after because almost no interest from clients. Then, the 60kWh was at $59,990 with no supercharging (option at $2,500).
History is already evidence to the whole world of how wrong Lutz really was in each and every topic, whether it was Tesla, SpaceX, customer's needs or pseudo economic statements. Musk was even able to respect Lutz for his efforts and knowledge, but Lutz was laughing at Musk. Now, everybody laughts at Lutz! 😂😂😂
Boob Klutz vs Father of the modern EV industry. I kid but they were very professional to each other albeit it's like GOP v Dem - ancient FUD and crap vs modern fresh ideas that help people. Felt like Trump v Obama - traitor vs class
@@Bluesvxbe I mean all Americans know what happened Jan 6 2021 with his insurrection attempt. Not to mention him being a stupid and hypocrite being. Pres Biden is far superior and better and the country got past covid thanks to Biden. Trump cost us lives needlessly. Also Trump hampered EVs and was in bed with oil and gas cos. Trump was a piece of shit and I'm glad we kicked that unamerican traitor out
Wow 😮 what made Lutz shuck a Tesla skeptic since then ? As far as CO2 none seem to care about heating systems that burn oil, coal and wood with zero abatement??
Where Bob Lutz could never see was the moves that was most important, and it had nothing to do with the vehicle itself. Elon was smarter. GM and Bob focused on the car, but never had a single thought of the how to keep it recharged. Elons master stroke was the building of his recharging network nation wide. That was the key.. Even if his cars had marginal range, just as long as their were places readily available to recharge in a timely manner that would be enough to at least minimize the anxiety of buyers purchasing an electric car. GM did nothing of the sort. They put the recharging responsiblily soley i the hands of the vehicle owners. And that makes for a break in common routine similar to that of fueling up ones vehicle. Elon built an infrastructure that worked well. And was all together special to buyers. And ironically made way to somewhat slow down their frantic pace. which may hurt durring urgent moments, but overall makes up for a better driving experience. And in regards to the car, elon took the sort of leaps and bounds few automakers would take. SUre, many had assisted driving, but overally a rather primitive system in comparison to what teslas are doing today. Im talking real A.i. automated driving. But such a thing would utlimately see many accidents in the begginning even deaths. as people would mostly do very foolish things, like thinking the cars going to drive them home. Now it actually can!!! Tesla was willing to be that company to take the first inevitable major hits against them in bringing the technology forward, and they did. now.. theyre in a leaugue of their own. And few can come even close to matching their technology. Its one thing to see two differnet systems tackle the automated drive, but when you dig deep you clearly see one system far far more advanced than the other. GM and cadillac has a decent system, but not on the level of tesla. Bob long years of american automanufacturing had never once saw the sort of speed in technological advancement as tesla was putting out. how could he? he's from an analog era, and elon is purly digital.
Yup. TookWindows to get computers into everyone's households, and not arrogance and government mandate. Have fun getting buried in your temple to Musk.
What poor people? Unless someone else is paying for it, NO ONE who makes less than $40K is buying a $35K vehicle, especially one that requires home charging to be close to viable (since most folks who are poor DO NOT own their own home and can't charge an EV at home).
How long do you think Tesla can afford to build cars in Ca. They seem content to chase all business out of the state w more regulations and higher taxes . Funny where did Toyota move production to ???
It's easy to pay millions in California taxes when you've gotten BILLIONS in federal subsidies. Musk is gambling with house money. Or should I say: OUR MONEY.
well they did sell some for around that at the start but no one seemed interested in the base model so they changed the pricing and specs and keep adjusting even today, its why they did not bother with the 35k model 3, they know the demand for the high spec model 3 is so high ATM they cant even produce enough, so why would you even sell a low priced vision till the high demand drops for the top spec vision.
It was 2011. If, after 6 years, your company was STILL losing money on every unit of product you sold, you'd probably say you were doomed, too. But in the world of tax subsidies and the government picking winners and losers, well, the world is your oyster.
Michael Nelson it doesn't loose money on any unit they make profit off of every car they make and it's not couple of thousands inside 10s of thousands so the subsidies wouldn't interfere with their profit. Nice job quoteing Romney with the government pickes the winners and losers line which he was wrong about when he questioned Obama on giving loans to Tesla even though he gave bigger loans to GM, Ford and Chrysler non of which were paid back except for Tesla who paid the loan back ahead of schedule. I don't think the government should get involved with subsidies. I think insted of giving back money they already took from you they just shouldn't take it in the first place but if the government gives all car companies subsidies and gives a lot of companies loans it is hypocritical to only be outraged by just 1.
Do you not realize this interview was several years ago? Lutz gave them a high chance of success BEFORE the company even sold the Model S. Now, for whatever reason he doesn't think Tesla will be successful (which doesn't matter if Lutz is wrong or right), AFTER YEARS of Tesla being an established car manufacturer Lutz believes, for whatever reason, Tesla is gonna fail. You can CHANGE your mind about something when other things in between have happen CHANGE too. It's like if I say I have a good feeling about the weather being beautiful next week but then a couple days later I see dark clouds in the distance, is like you saying, "you said it would be beautiful but now you're saying it's gonna rain!!! You're just like Trump!" You can have an optimistic idea about something, then if that optimism changes because of FACTORS directly related to that change, then great! That is NORMAL! To look up that dark cloud and say It's never gonna rain, when the chances have increased because of that cloud, even when you see and hear lightning and thunder in the distance coming your way, to change your mind and say it's possible it will rain is the SANE thing to do. It may or may not rain, but to say you think or it is possible, is absolutely the natural thing to do! Sure, I can agree with you. Trump says one thing and then another and it all sounds incoherent, but Lutz's opinion, AFTER several YEARS of CHANGES within the business of Tesla, has NOTHING to do with him being similar to Trump. I'm gonna tell you HOW you came up with your illogical statement. There's a little bit of psychology involved. You watched this video knowing Lutz is critical of Tesla. You take offense to that because you love Tesla. After watching this video, somewhere inside you, probably some innate feeling coded in our DNA, you had to go on the defense. "I love Tesla and no one talks to them that way!" You saw an old man disagreeing about something you have no knowledge of (How the Auto Industry works), and thought of him as an old babbling idiot, relating him to another old babbling idiot you don't like... Trump. It's obvious you've surrendered your rational thoughts and intellect for your bias towards Tesla. But I'm sure I'm wasting my time explaining this to you since you couldn't understand when something changes after it was even started, your idea of that something can change too. That's basic reason. Oh and FYI, I suspect you probably don't know, the Cube goes in the square hole.
I think Elon's Tesla company needs to be careful and focus on small cars the size of 4 wheel farm bikes, 1 person with a luggage rack in the back. How many 4 door family cars do you see driving around the city with only one person in it? Do house wives need to do the shopping in a 4 door/seat car? when the kids are at school? Surveys along these lines would be very worthwhile.
Bob Lutz, I really like your V-Truck concept, but you are still not putting enough battery energy in the truck.your past mistakes do not have to apply to Tesla motors!
Wow. Two gentleman who are technically "enemy's" and competitors in the same industry having a productive conversation and being respectful to one an other. It was so refreshing to see this, I wish people will carry themselves like that in today's age.
You can blame that on the financialization of the economy as well as the increase in technology that lets people pick and choose who they associate with, leading to the loss of the ability to effectively communicate with people who aren't like you.
yeah, great interview, very unbiased on both sides , just talking about their challenges and specs.
Seven years later...
2018 vehicles sold (January to November ):
Chevrolet Volt: 18,648 (will not be produced any more in 2019)
Chevrolet Bolt: 16,907
Tesla Model 3: 114,532
GM announced will close 5 assembly plants in North America in 2019
If Bob has not yet fossilized I'd love to see them sit together again for a follow up conversation
Fossilised
😂😂😂
This is an interesting conversation considering how much Bob Lutz goes on CNBC to trash Telsa these days.
Bob Lutz says at 4:32 that Tesla has a "high chance of success". WOW !!! Not bad for a GM executive.
this is 2011, i do not get it. that guy certainly do not hold such position now.
*@Andrew Lohbihler* -- Rewind, and listen more closely. He started with the caveats that Tesla would have to _'overcome'_ certain challenges, particularly distrubution and sales, which he assumed Tesla would be using the same _'Independent Franchised Dealerships'_ that GM, Ford, & Chrysler had been saddled with for decades. He knew full well they were a contentious group, that they would NOT make it easy for a newcomer, would not be easy to deal with. He had no idea whatsoever that Tesla would simply bypass Dealerships entirely, to sell direct to consumers. Best way to avoid problems? Don't go there. Tesla has outsold Acura, Alfa Romeo, Cadillac, Chrysler, GENESIS, INFINITI, Lincoln, Lexus, Maserati, and Porsche brands each in the U.S. through 2018 and 2019 because they do NOT use _'independent franchised dealerships'_ at all. It turned out to be the correct decision. No fully electric vehicle from any manufacturer has outsold Tesla's EVs nationally in the U.S. while being sold through dealerships. Thereby proving *Elon Musk's* point, that Tesla wouldn't survive using dealerships as their sole distribution and sales method. _'Independent Franchised Dealerships'_ make the majority of their profit, around ~60% or more from sales of parts, maintenance, and service. Things that EVs should not need with any frequency. So dealers have no motivation to sell EVs they will then almost never see again as a paying customer.
@@redxsage Well it seems that Tesla overcame those challenges, so why does Bob Lutz keep downplaying them ??
@@Andrewlohbihler -- Despite being an _'industry expert',_ *Bob Lutz* has proven to actually know NOTHING about how Tesla operates at all.
Yes, this was in 2011. GM had released the Chevrolet VOLT in late 2009. Though GM artfully crafted the term _'Extended Range EV' (EREV)_ through their marketing department to describe it, no one was fooled. It was immediately defined as a _'Plug-In Hybrid Electric Vehicle' (PHEV)_ instead by the automotive press. GM tried to use some technical jargon to confuse the matter, saying that their own term EREV was a more apt description than PHEV, but they eventually gave up. Bottom line -- the VOLT was a gasoline powered car that offered _SOME_ fully electric range. NOT the opposite, as GM had claimed.
*_'Finally! An electric car that runs on gas!'_*
...proclaimed the sole commercial they ran in California for the Chevrolet VOLT _(pretty much lifting Toyota's initial advertising campaign for the PRIUS, verbatim)._
At the time, Tesla had only released the Tesla Roadster, in limited quantities. They had Delivered _(SOLD)_ around ~2,600 units worldwide between 2008 and 2011. A laughable, easily dismissed quantity to a former GM Exec. A _'boutique'_ level of sales to be ignored. An insignificant portion of bespoke vehicles designed to be _'Toys... for the RICH!'_ Nothing more.
So, *Bob Lutz* could be forgiven for his perspective and presumption. He probably expected Tesla _'might'_ prove to be a worthy competitor to Ferrari or Lamborghini, McLaren or Maserati... _'some day'._ No way could he have forseen that less than a decade later Tesla would outsell Cadillac, Chrysler, and Lincoln in the U.S. in two conscutive calendar years, 2018 and 2019. And he had no reason back then to investigate to learn that Tesla had NO _'Independent Franchised Dealerships'_ anywhere in the U.S. or worldwide. So, he didn't actually know that Tesla sold direct, and wisely, *Elon Musk* didn't tell him, didn't interrupt him, didn't correct him, as he went on a tirade about Tesla's _'hardships'_ or _'barriers to success'_ to come.
In fact, *Elon Musk* was notably cagey in NOT mentioning Tesla's intent to KEEP selling direct to consumers. Something no division of GM, Chrysler, or Ford was allowed to do at all. He kept those cards close to the vest. Knowing full well he should NOT encourage the wrath of a lobbying base such as NADA _(National Automobile Dealers Association)_ who might take issue with an attempt to _'cut them out of the loop'_ for selling NEW cars.
Of course, *Bob Lutz* was similarly cagey, not mentioning that it was incredibly hard to get dealerships to accept sales contracts for the Chevrolet VOLT. Why would dealers resist selling an awesome new car? Over 60% of the annual profit margin that _'Independent Franchised Dealerships'_ make each year is from Maintence, Repairs, and Service. Functions that are all greatly reduced with electric vehicles. Hence, exactly why the VOLT included an ICE. Traditional conventional legacy ICE automobile manufacturers are afraid to release fully electric cars in large quantities because it would really *[PEEVE]* their actual customers -- dealers. Because they are not allowed to sell to anyone else. Also, because much of their accounting of vehicle profitability literally is based upon constant recurring income from licensing of parts as OEM to third party suppliers, who then provide supply chains to stores like AutoZone, O'Reilly, NAPA, Pep Boys, etc. over the next two or three decades. But none of that revenue would be forthcoming with a properly built EV.
So traditional conventional legacy ICE automobile manufacturers don't actually want to build Electric Vehicles. Because not only would they not make money from the initial sale of EVs, but they'd have to _'give up'_ on the revenue they'd get on the backside of ICE transactions in the long run. Because, really? There's no way to build an EV in a manner that it will spontaneously decompose _(fall apart)_ in a predictable manner just as the warranty expires. EVs don't have a built-in, guaranteed market for spare parts. Basically, once you get them to work, they'll operate for decades, perhaps over 100 years. Wiper fluid, wiper blades, tires, and rarely maybe brake pads and perhaps brake fluid. That's about it.
*Bob Lutz* didn't even know that Tesla designed and built their own motors in-house. He thought that Tesla bought them off-the-shelf from third parties, like _'everyone else'._ He didn't know that Tesla specifies a particular formulation of battery that Panasonic builds for them, using those instructions. He didn't know Tesla has their own battery management software, designed to operate using the battery cell's and battery packs they designed in-house. Etc., etc, etc... *Bob Lutz* knew NONE of that.
Hence, why he is so confused about Tesla's popularity, their sales success, or the company valuation. And, why he constantly points to Tesla's _'lack of'_ an ICE business to _'fall back on'_ or to _'drive profitability'._ He quite literally does not understand. He has so many years of _'experience',_ being deeply engrained in a business designed to sell spare parts eternally, to transform their vehicles into _'rolling spare parts conveyances'_ gradually, over the course of several years or decades, that he simply is not equipped to comprehend nor understand the notion of a car company that does the exact opposite. A company built from the ground up to make money on the front end, the initial sale, rather than the continual replacement and sale of spare parts.
See, around 40 years ago the *Detroit Big Three* _(Chrysler, Ford, & GM)_ adopted the principle of the _'Loss Leader Vehicle'_ across their entire product lines. That was a mistake. The idea was to sell units, to move iron, to lock consumers into acceptance and reliance upon their their own specific and proprietary ecosystem of spare parts and replacement components. Because an Alternator for a Chevrolet might work on a Pontiac, Buick, or Cadillac, but would never work on a Lincoln, Mercury, Plymouth, or Chrysler. All those parts were designed to wear out, to fail, from the outset. So that you'd go back and buy more. Dealers didn't care, because every Chevrolet Chevette they sold was one less Ford Escort, or Dodge Dart that was sold by the dealership next door, across the street, or across town. And that ALL the revenue for maintenance, repair, or service would come to them, instead of competitors who sold other marques. So a cheap, substandard, pitiful, POS car only needed to SELL, not be profitable at the point of sale, to guarantee constant revenue generation in a lucrative fashion -- for years to come.
The market shifted slightly, as Chrysler introduced _'Bumper-to-Bumper Warranties'_ of *Three Years or 36,000 Miles,* but not too much. It just meant you could count on about three years of driving before the cars would cease to operate properly. Yay? Mysteriously stopping/starting, failing outright, exactly as they had been designed to do. Such warranties became ubiquitous in the industry, and gradually increased, to 50,000 then 60,000 to 75,000 miles and now 100,000 mile warranties across numerous brands.
At Ford, Quality became _'Job #1'_ supposedly. And really, it was all just marketing. *Lee Iaccocca,* of Chrysler wanted to directly combat the notion that Japanese cars, particularly Honda and Toyota, were _'more reliable'_ or _'better built'_ somehow. He didn't believe it. And he felt that by forcing those companies to adopt the warranty policies he began at Chrysler, he could HURT them financially, by forcing them to prove it.
Since then, both Chrysler and GM have gone bankrupt. Honda still thrives. Toyota has had the best-selling car in the U.S. for around 25 years straight. And both have higher valuations on the NYSE than any of the Old Gaurd out of Detroit. Chrysler completely abandoned the fuel efficient Midsize passenger car market years ago, and both GM and Ford followed suit barely two years later.
Another contributor to their demise was that in addition to the _'Loss Leader'_ strategy, Detroit automakers also became _'banks'_ offering financing options to buyers. Somehow expecting to make money _'on the backside'_ of transactions via the magic of compound interest and late payment fees. They counted cash owed to them as _'Profit Earned'._ Another _'creative accounting'_ error that has cost them greatly. Especially when they offered _'Factory Cash!'_ at 0% interest.
Bob Lutz says, "You could have a 400 mile range, but if it's ugly, nobody would buy it." Clearly Lutz has not seen a Prius.
Terje Oseberg LOL that had me laughing. Good one!
So you feel the current Prius is an attractive car? What are you on uppers or downers?
Actually, the Prius has been getting better and better looking as they have evolved. When they first came out though, they were incredibly ugly. I believe this actually added to their success because they were extremely noticeable and therefor made a clear statement. The people who bought it at that time were trying to make a statement and by buying a Prius they made it very clear that they were buying that car to save the environment.
Toyota needed this in order to get people to overcome their fears of buying a car that relies on a lot of new and possibly unreliable technology. The fact that Toyota made a great car is what contributes to it's continued success. Now anyone and everyone who wants to save money on gas is willing to buy a Prius.
Tesla Roadster has 620 mile range.
LOL! True.
The BIG BOYS were always there. Tesla has taken them all on from the outset, and survived. And prospered. Soon, they'll emerge, victorious.
Bob was so used to being the smartest person in the room.
3:11 Lutz's cell phone goes off - really fitting, just a guy who is out of touch. Not saying Tesla will win necessarily, or that Lutz has achieved many things, but his Tesla criticism of late is getting old.
After the announcement of the Cybertruck, I think it must be said that "ugly" is in the eye of the beholder.
It’s here!!!
Bob lutz was that person that said lithium ion batteries won't work in a car. The way I imagine Bob lutz reaction to the roadster is like that scene in Iron man where Obadiah was yelling the scientist for not being able to do what Tony did in a cave with a box of scraps. Which makes scenes because elon musk is the real life iron man
Such an amazing contrast of yesterday and tomorrow! Lutz sees the handwriting on the wall and is in his last hurrah on his way to the tar pits.
Back then Tesla had put about 1000 roadsters on the road, now they have passed 200 000 vehicles total I think, quite good progress :-)
around 750,000 now
(please, someone update us a year later :D)
@@matouspalecek8208 -- Tesla passed 1,000,000 vehicles built in February 2020. A total of ~2600 Roadsters were sold from 2008-2011 or so. 😁👌🤟👍
@@redxsage Tesla just passed 4million vehicles now
"You can have a 400 mile range, if it was ugly nobody would buy it." Obviously Lutz has never seen a Prius.
It's amazing how far Tesla has come. from Lutz's later comment s about Tesla I think he didn't really believe Tesla would take off. Elon said the model S would be the safest and it and the model X are both 5 Star rated. He said that they would get to 20,000 model S cars and now the make close to 100K Model S and Model X combined. Plus who would have imagined SpaceX reusing rockets 6 years ago.
Loved hearing from both of them.
Old out of date simple minded man meets boy genius who is bout to revolutionize the world.
very interesting interview.
Lutz and Musk are both really interesting characters.
Thanks for uploading!
In the meantime GM just axed & discontinued the 'pretty' Volt and Toyota is still selling not only the Prius but hybrids on their entire lineup (excluding trucks) AND people around the world can't wait to get their Teslas
They axed the Volt because the Bolt took over in sales, basically same thing but smaller and cheaper
www.businessinsider.com/tesla-model-3-best-selling-ev-us-this-year-2019-7?r=US&IR=T
For the US market, GM Bolt is the 3rd best selling EV after Tesla's Model 3 and Model X.
These were the five best-selling electric vehicles in the US during the first half of this year, according to InsideEVs:
1. Tesla Model 3: 67,650
2. Tesla Model X: 9,000
3. Chevrolet Bolt EV: 8,281
4. Tesla Model S: 7,225
5. Nissan Leaf: 6,008.
GM is focusing on Hummer EV
www.cnbc.com/2020/02/01/general-motors-playing-to-its-strengths-with-the-gmc-hummer-ev-pickup.html
GM is building its own "Giga factory" with LG Chem.
electrek.co/2019/12/05/gm-announces-its-own-battery-gigafactory-with-lg-chem-30-gwh-of-capacity-below-100-kwh/
Elon is just a beautiful person, truly an Angel of the world, of God, pf the good force. What a beautiful person. Pity we dont hsve people like him in government. So sincere. And look now down the line to 2018 where he has come and where tesla and spaceX are. Amaizing what a person can achieve. What battles they have come through been on the brink of bankruptcy pushing the limits bit making it because of a vision with integrity. All of us that support him are paet of this future. Well done
Elon is so genius in that time to not flight directly with Bob when Tesla was so small company.
Volt is a great car and was not a failure!
So where do people get off saying Tesla doesn't deliver.... this is before the Model s came out and the Model S Meets or beets all the stats that Elon stated (except maybe the 50k price) Base was more like 60k, and Tesla has stayed on track with everything Elon said here over 8 years ago and is doing everything that Lutz was saying, but somehow he is blind to it.... The Model 3 is right now completing that original vision... and is dominating the market right now. and it didn't take decades.... but Lutz will never admit that... never..
Elon Musk is smarter than Bob Lutz. Bob Lutz knows it. End of story.
Rational Thinker
[MyEyesBled]
Considering that GM is a MASSIVE corporation with MANY people and lots of "moving parts" it is extremely hard to say Lutz made junk. The Execs at GM made more shitheaded decision often ignoring Lutz's warning about what they are about to do, to even pretend he was at fault. And Lutz had never really been wrong. It tended to be when his hand was taken off a thing did it go to pot. Also Lutz was never CEO of GM so he never sent jobs overseas.
Really you are one of those Jerk-knee ninnies that really doe snot not know enough about the subject to really have a real point.
[Rational Thinker, easy target]
Yes and Donald Trump is smarter that you for the same reasons. Elon Musk is like Steve Jobs, a brilliant idea man but does not have the intelligence or smarts to any of it himself. He is NOT a real life "Tony Stark" analog. If anything he is a younger version of Bob Lutz, a man who is rarely actually wrong. Musk simply is not ass wise yet.
Shuffle3956,
He is, like so many, bereft if a anything to really believe in. He NEEDS a God and Musk is it for him and a rather disturbing number of people. "My god is better than yours" as if anyone actually worships Lutz in that way. To be honest Lutz was right so often if he was CEO of GM, FORD, or CHRYSLER, as he has working for all three, and GM twice, they would be such better companies as to have squashed Tesla very quickly.
But Lutz was not and the people who did not have eh wisdom and expeince he does made decision that made them all weaker or make decisions that curtailed their greatness for many years.
I'll place Musk's "intelligence" above Lutz's and yours (and mine) any day!
Charlie is so clued out ... has no idea what's going on ... can only think of taking off his robe tonight in front of the room service lady ...
Bob is great, he should be part of gm today. You can’t get that kind of realistic experience of so much... he still has great things to add to Mary’s great work
💀
"Dealer network is going to be a challenge." NOPE.
"Sufficient marketing money is going to be a challenge" LMAO
tesla has gone a long way. proving naysayers wrong every step of the way , even convincing some, case in point Bob klutz, to reconsider. now that is a gigantic feat. goal achieved Mr Musk.
It's basically IronMan (Elon Musk) vs one of Thanos' no name henchmen (Boob guy)
Musk was right on this one.
I don't think either the host or that Bob guy understands what the hell Musk talks about. This guy is too smart for this planet. Otherwise the host would ask questions related to Mausk's answers and not from the script.
5:05 "50 thousand???" My reaction watching this in 2018 is similar to the interviewers...I am still looking for a 50 k model S...
@rsm 287 Tesla never made a car with a 40kwh battery, they had a 60kwh battery and was software locked so a person could purchase extra range after purchase. Most people did chose to do the upgrade.
I love the way Musk admits that man caused global warming is a hoax
Lutz wants to make oil out of coal. Visionary. Haha!
Daniel Ly lmao
He's talking about using domestic supplies rather than importing oil. If we have to use oil we should be using domestic sources if at all possible. He wasn't saying it just to have more oil. He was clear that he wants to see the US get off of using foreign oil. He isn't actually opposed to electric cars, he just has an adversarial relationship with Tesla (only so so with Musk).
It's nothing new. Before North Sea oil, the U.K. produced almost all of their (mostly Hydrogen) gas from coal. The side products included heavy oils, bitumen and coke. Those coke plants used to really stink. Things began to change in the late 1960's, when 'natural gas' arrived.
Robert Blackford
False. Your statement is at best misleading and quite frankly completely disingenuous. It would be more correct to say that the electricity used by Elon's cars CAN be generated by coal. However it could also come from gasoline, diesel, wind turbines, solar panels, nuclear power plants, geothermal power plants, or whatever other method of generating electricity.
Even when generated by coal and other so-called fossil fuels, an Electric Car will still ultimately run more cleanly than an internal combustion engine. I'm not even a 'climate change' freak and I can at least admit that much. I don't hate ICE automobiles, but I do think that EVs are generally better, or will be. However, that is just my opinion. I want to see us completely off of foreign energy sources, as to me it is a matter of National Security. So that means EVs.
Agree completely, Robert. What I think REALLY isn't being taken into account by all these good-doers is how all these coal and nuke plants have been taken off line over the last 2 decades while the demand on our pathetic electric grid infrastructure has increased. Now they want to add charging EVERY future car, suv, and truck to that load??
A small part of the northeast recently got hit hard up here by a seemingly innocent cold front/wind storm blowing through and many areas didn't have electricity for a week. People were going out of their precious little minds. Now add to that not being able to charge your vehicles and being STUCK at home with no power. No thanks. And that was a tiny area of maybe a 50 mile radius. Extrapolate that to a major regional or national natural event or even a foreign enemy tinkering with the grid. How's that working for us? Not good!
Not to mention, this "success" of Musk's is all on the backs of U.S. taxpayers. Five Billion bucks worth while STILL operating at a financial loss. Yet Tesla is somehow already valued higher than Ford Motor Co, makers of the best selling vehicle in America. That ain't business. That's welfare.
If Bob Lutz is a gentleman, now 2017, he should admit that Elon Musk is technically more intelligent than him.
You need to increase the volume, did not watch cause I can hardly hear it.
You didn't miss much.
That's because you are a tech-illiterate and cannot into dynamic processing of audio.
Then stay out of gay discotheques
First gen MS really were 50K without option?
In this first generation, there was a 40 kWh version at $49,990 with no option that was skipping out shortly after because almost no interest from clients. Then, the 60kWh was at $59,990 with no supercharging (option at $2,500).
Thank you
2:15 Charlie Rose unaccustomed to a straight talking man.
Really funny looking at this now!
How come every time I watch an interview now a days the interviewer is gone because of sexual harassments.
History is already evidence to the whole world of how wrong Lutz really was in each and every topic, whether it was Tesla, SpaceX, customer's needs or pseudo economic statements. Musk was even able to respect Lutz for his efforts and knowledge, but Lutz was laughing at Musk. Now, everybody laughts at Lutz! 😂😂😂
I dont understand, lutz was here supportive, now that Tesla is becoming very successfull his hell bend against them.
Cause he's fake as fuck and full of himself.
bob and charlie both like petrol
lutz doesn't have a clue what people want. People want a visionary not a statistic in a greedy corporations bottom line. Ignorance isn't an excuse.
Musk has Lutz by the Nutz.
ive sold horses all my life and by god the horseless carriage will never replace them!
Did you even bother watching the vid before making your stupid, irrelevant comment?
Boob Klutz vs Father of the modern EV industry. I kid but they were very professional to each other albeit it's like GOP v Dem - ancient FUD and crap vs modern fresh ideas that help people. Felt like Trump v Obama - traitor vs class
Trump Traitor? i do not want to smoke what you smoke
@@Bluesvxbe I mean all Americans know what happened Jan 6 2021 with his insurrection attempt. Not to mention him being a stupid and hypocrite being.
Pres Biden is far superior and better and the country got past covid thanks to Biden. Trump cost us lives needlessly. Also Trump hampered EVs and was in bed with oil and gas cos. Trump was a piece of shit and I'm glad we kicked that unamerican traitor out
Charlie Charlie Charlie. Are you kidding me? Hadn't heard of SpaceX that was 10 years old before he interviews Elon Musk. Shocking.
Crazy to accept worse life without having a dollar
Wow 😮 what made Lutz shuck a Tesla skeptic since then ? As far as CO2 none seem to care about heating systems that burn oil, coal and wood with zero abatement??
Thank you godbless
1:26 Notice how Lutz can't even give neither Tesla Motors nor Musk credit SMH
WHAT? Exactly the opposite. Apparently your prejudice predetermines your listening.
Elon is the shizzle
Where Bob Lutz could never see was the moves that was most important, and it had nothing to do with the vehicle itself. Elon was smarter. GM and Bob focused on the car, but never had a single thought of the how to keep it recharged. Elons master stroke was the building of his recharging network nation wide. That was the key.. Even if his cars had marginal range, just as long as their were places readily available to recharge in a timely manner that would be enough to at least minimize the anxiety of buyers purchasing an electric car. GM did nothing of the sort. They put the recharging responsiblily soley i the hands of the vehicle owners. And that makes for a break in common routine similar to that of fueling up ones vehicle. Elon built an infrastructure that worked well. And was all together special to buyers. And ironically made way to somewhat slow down their frantic pace. which may hurt durring urgent moments, but overall makes up for a better driving experience. And in regards to the car, elon took the sort of leaps and bounds few automakers would take. SUre, many had assisted driving, but overally a rather primitive system in comparison to what teslas are doing today. Im talking real A.i. automated driving. But such a thing would utlimately see many accidents in the begginning even deaths. as people would mostly do very foolish things, like thinking the cars going to drive them home. Now it actually can!!! Tesla was willing to be that company to take the first inevitable major hits against them in bringing the technology forward, and they did. now.. theyre in a leaugue of their own. And few can come even close to matching their technology. Its one thing to see two differnet systems tackle the automated drive, but when you dig deep you clearly see one system far far more advanced than the other. GM and cadillac has a decent system, but not on the level of tesla. Bob long years of american automanufacturing had never once saw the sort of speed in technological advancement as tesla was putting out. how could he? he's from an analog era, and elon is purly digital.
Everybody's heard of Elon Musk, but who's Bob Lutz?
Jambo Jambo He's worked as a top member of GM, Ford, Chrysler and BMW.
Bob who?
Lmao!! The first time I heard Elon Musk I thought it was a fuckn cologne.
More to the point is who is Jambo Jambo??
Lutz is an absolute legend in business. He didn't bang Amber Heard so the unwashed masses are unaware.
Time up, Lutz. Retire.
B L in 2016: Internet ? Yey, yes I have heard about it.
I couldn't care less about Tesla sportscar (oh well, I suppose I want one anyhow). I am all excited about SpaceX. :D
IBM/Apple...nuff said
Yup. TookWindows to get computers into everyone's households, and not arrogance and government mandate.
Have fun getting buried in your temple to Musk.
I've seen this video a few times. Elon will be on history books in many topics
The man with a plan
Elon please help Charlie innovate his dating game so he stops harassing them girls...
Where's the rest?
"you could have a 400 mile range car but if its ugly no one will buy it"
Have you seen chevy bolt
Even Poor people can see the light. Many are only getting hybrids (closest they can get to an electric car)
What poor people? Unless someone else is paying for it, NO ONE who makes less than $40K is buying a $35K vehicle, especially one that requires home charging to be close to viable (since most folks who are poor DO NOT own their own home and can't charge an EV at home).
The us or me , always want the better life
The different is night and day.
Look how much Lutz aged in 5 years
Chevy Volt HAHAHAHA
Lutz comes off as dumb trying to find way to protect big auto from the upstart
How long do you think Tesla can afford to build cars in Ca. They seem content to chase all business out of the state w more regulations and higher taxes . Funny where did Toyota move production to ???
It's easy to pay millions in California taxes when you've gotten BILLIONS in federal subsidies. Musk is gambling with house money. Or should I say: OUR MONEY.
They are polar opposites in many ways, but they are both brilliant men.
Lmfao how wrong Lutz ended up being.
Should be called Klutz.
Charlie Rose apparently has no vocabulary for Anthropomorphic Global Warming/Climate Change?
*Anthropogenic
@5:00 Starting price 50,000 for the model S? He was off by a bit...
well they did sell some for around that at the start but no one seemed interested in the base model so they changed the pricing and specs and keep adjusting even today, its why they did not bother with the 35k model 3, they know the demand for the high spec model 3 is so high ATM they cant even produce enough, so why would you even sell a low priced vision till the high demand drops for the top spec vision.
@rsm 287 yep 100% funny how people forget stuff like this, it just shows they are lazy and don't do there homework before they make stupid comments.
Heard trump talk badly about me?
He lost the running president but still hard head. Try hard for me dear
weak sound(compared to previous)
what U saying youngster ? U don't like when car talks to U !?! wtf >)
and the Oldsters R right this time ...
This guy is like trump! In here he says Tesla had a high chance of success and today 2017 he's saying that Tesla will be doomed on CNBC
It was 2011. If, after 6 years, your company was STILL losing money on every unit of product you sold, you'd probably say you were doomed, too. But in the world of tax subsidies and the government picking winners and losers, well, the world is your oyster.
Michael Nelson it doesn't loose money on any unit they make profit off of every car they make and it's not couple of thousands inside 10s of thousands so the subsidies wouldn't interfere with their profit. Nice job quoteing Romney with the government pickes the winners and losers line which he was wrong about when he questioned Obama on giving loans to Tesla even though he gave bigger loans to GM, Ford and Chrysler non of which were paid back except for Tesla who paid the loan back ahead of schedule. I don't think the government should get involved with subsidies. I think insted of giving back money they already took from you they just shouldn't take it in the first place but if the government gives all car companies subsidies and gives a lot of companies loans it is hypocritical to only be outraged by just 1.
How exactly is Trump like this. I don't like him but if you are going to criticize him it might as well have a reason with evidence.
So true lol
Do you not realize this interview was several years ago? Lutz gave them a high chance of success BEFORE the company even sold the Model S. Now, for whatever reason he doesn't think Tesla will be successful (which doesn't matter if Lutz is wrong or right), AFTER YEARS of Tesla being an established car manufacturer Lutz believes, for whatever reason, Tesla is gonna fail. You can CHANGE your mind about something when other things in between have happen CHANGE too. It's like if I say I have a good feeling about the weather being beautiful next week but then a couple days later I see dark clouds in the distance, is like you saying, "you said it would be beautiful but now you're saying it's gonna rain!!! You're just like Trump!" You can have an optimistic idea about something, then if that optimism changes because of FACTORS directly related to that change, then great! That is NORMAL! To look up that dark cloud and say It's never gonna rain, when the chances have increased because of that cloud, even when you see and hear lightning and thunder in the distance coming your way, to change your mind and say it's possible it will rain is the SANE thing to do. It may or may not rain, but to say you think or it is possible, is absolutely the natural thing to do! Sure, I can agree with you. Trump says one thing and then another and it all sounds incoherent, but Lutz's opinion, AFTER several YEARS of CHANGES within the business of Tesla, has NOTHING to do with him being similar to Trump. I'm gonna tell you HOW you came up with your illogical statement. There's a little bit of psychology involved. You watched this video knowing Lutz is critical of Tesla. You take offense to that because you love Tesla. After watching this video, somewhere inside you, probably some innate feeling coded in our DNA, you had to go on the defense. "I love Tesla and no one talks to them that way!" You saw an old man disagreeing about something you have no knowledge of (How the Auto Industry works), and thought of him as an old babbling idiot, relating him to another old babbling idiot you don't like... Trump. It's obvious you've surrendered your rational thoughts and intellect for your bias towards Tesla. But I'm sure I'm wasting my time explaining this to you since you couldn't understand when something changes after it was even started, your idea of that something can change too. That's basic reason. Oh and FYI, I suspect you probably don't know, the Cube goes in the square hole.
I think Elon's Tesla company needs to be careful and focus on small cars the size of 4 wheel farm bikes, 1 person with a luggage rack in the back. How many 4 door family cars do you see driving around the city with only one person in it? Do house wives need to do the shopping in a 4 door/seat car? when the kids are at school? Surveys along these lines would be very worthwhile.
too bad he retired long ago
Bob Lulz.
Bob Lutz, I really like your V-Truck concept, but you are still not putting enough battery energy in the truck.your past mistakes do not have to apply to Tesla motors!