Why Tesla has always been an anomaly in the automotive industry

Why Tesla has always been an anomaly in the automotive industry

CNBC’s auto reporter Michael Wayland joins ‘Power Lunch’ to discuss Tesla’s revenue beat, the competitive landscape for EVs, and the consequences of Toyota’s CEO stepping down. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

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40 Comments

  1. Who Why on January 30, 2023 at 8:28 am

    Toyota is toast. Toyota will keep shrinking. Will they make a profit in 2023? Very unlikely.
    Toyota is the most indebted company in the world so things are about to get tough…



  2. Mario Massa on January 30, 2023 at 8:31 am

    Tsla $1200 2025.



  3. Mika Filtenborg on January 30, 2023 at 8:35 am

    Tesla is i tech compagny. Tesla Energy will be bigger than Tesla Auto after year 2030



  4. Daniel Bennett on January 30, 2023 at 8:38 am

    Aiko stepping down should tell everyone Toyota needs a big change. I’m all in Tesla.😊☺️



  5. Swae P on January 30, 2023 at 8:39 am

    * XOS Trucks. Up 83 % Month. New MDXT and HDXT EV Truck models in Production in 2023. Global Large EV Truck Leader.



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  7. Bo McGillacutty on January 30, 2023 at 8:40 am

    Toy is floundering like most legacy auto. DOOMED.



  8. Anirudh Mitesh on January 30, 2023 at 8:44 am

    It’s no longer a story that the world is experiencing a global economic downturn,I’m so happy that I’ve been receiving $64,000 from my $15,000 investment every 8 days



  9. Alexander Donald on January 30, 2023 at 8:44 am

    My greatest happiness is the $ 64,000 bi – weekly profit I get consistently from my $ 15,000 investment despite the economic fluctuation❤️❤️..



  10. Steven VanHeyningen on January 30, 2023 at 8:44 am

    Toyota needs to do a 180 and it
    won’t be easy. They’re way behind.



  11. Dark Coldwater on January 30, 2023 at 8:45 am

    Valuation is wrong. Toyota made 120 billion revenue and capped at 200 billion. Tesla had 80 billion in revenue and is capped at 500 billion. Doesn’t really make much sense. I know Elon farts pixie dust or whatever, but still doesn’t make sense.



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  13. Martin Galway on January 30, 2023 at 8:47 am

    Finally… someone at CNBC who tells the truth about Tesla. He is not just a Loada Bologny



  14. gummi xx on January 30, 2023 at 8:48 am

    This the future founder of Wayland Industries? 👽



  15. MegaS on January 30, 2023 at 8:50 am

    Elon calls CNBC idiots, and for good reasons.



  16. Lawrence Raine on January 30, 2023 at 8:54 am

    Is this a good time to buy stocks/crypto in the Europe? I know everyone is saying stocks are at a discount and all, but just how long will It take for us to recover, obviously there are strategies to manoeuvre in this present market but these strategies doesn’t come common to the average folk, or am I better off putting my money elsewhere.



  17. Glad Eous on January 30, 2023 at 8:55 am

    Yes not a surprise to see Toyota CEO step down. His vision for the future is so off reality.



  18. Mark Plott on January 30, 2023 at 8:56 am

    CNBS is a Fake News agency.
    TESLA is not an Automotive company .
    TESLA is a Tech/Energy company , who also makes BEV.



  19. Alan Goldstein on January 30, 2023 at 8:58 am

    Toyota may think there are many (smaller?) markets that are not ready for EVs. But what happens when EVs are cheaper than ICE cars in those markets?

    Meanwhile Toyota sales will decline in major markets faster than they imagine. (Tesla can undercut them.)



  20. Will Twain on January 30, 2023 at 8:58 am

    Tesla juiced the numbers by discounting car prices. If he maintains tighter margins, and they get tighter, there is no justifying Tesla’s PE. This is a great sell point.



  21. Justyn McDonald on January 30, 2023 at 9:00 am

    Silly hype train bubble, straight gambling. Maybe you make money, maybe you lose your ass. 50/50.



  22. Christian Edu on January 30, 2023 at 9:01 am

    60% of the people are shorting at Tesla cuz they insist to buy it at lower price and make more money Lmao… Isn’t a bad idea but the enemy number one of Elon musk are bearish people so be careful fighting against him, he probably has a little surprise soon. Good luck!



  23. Lynda Korner on January 30, 2023 at 9:01 am

    Tesla has to get rid of Musk. The company is becoming further damaged each day.



  24. Kenny Tan on January 30, 2023 at 9:02 am

    EV is the future. Toyota is slow to enter. Unlike traditional ICE cars, EV is Tech heavy, auto driving, ai etc needs lot of investment and time.



  25. Andre Rodriguez on January 30, 2023 at 9:04 am

    Not just a car company. When will these analysts get it. The fandom doesn’t create 22 billion in cash reserve, selling EV’s does. He was surprise the CEO of Toyota got the boot, anyone could have seen this coming month’s ago. This analysts needs to do more research.



  26. t brandao on January 30, 2023 at 9:09 am

    The competition has been here for tesla, China is 35% ev, and they dominate there, everyone sells evs at a loss and tesla makes 25% margins, that’s with two factories not even at full capacity yet, just remember giga Texas and Berlin will be more efficient that Shanghai. Bmw makes a nice ev for comparable price, and yet it will take u over a year just to get it made, this is a shift in technology, tesla will still be around but someone is going under, just looks at software, Vw, ford just took huge losses on just trying to get their software right



  27. Oliver Tom on January 30, 2023 at 9:10 am

    <I have about 5% of my portfolio in uranium stock, any advice on any other stock that I can grow my $300k capital to a million dollars?



  28. Irvin Wright on January 30, 2023 at 9:11 am

    It is obvious to me that Akio is stepping down to avoid losing face when Toyota makes a 180 degree turn and goes full blast into EVs!



  29. Vicente James on January 30, 2023 at 9:11 am

    Despite the economic downturn, I’m so happy 😊.I have been earning $ 60,200 returns from my $7,000 investment every 13days✓🇺🇲



  30. Green Box Media on January 30, 2023 at 9:13 am

    🎉



  31. Will Twain on January 30, 2023 at 9:14 am

    It is crazy to ignore 500 new competitor’s models hitting the streets by 2025. Tesla had a huge head start, but by the end of 2023, the cavalry will have arrived for the competition.



  32. Swae P on January 30, 2023 at 9:16 am

    * FFIE.. 170 % Gains Month. Faraday Future. The Top Gaining EV Stock in 2023. New FF 91 Futurist Ultimate Intelligence Tech Luxury SUV EV begins Production March 2023.



  33. Dustin Lamont on January 30, 2023 at 9:17 am

    I’m down over 70% in TSLA but it could be worse.The debate I have with myself is if and when I should dump more money into this stock to significantly lower my cost basis. Currently my greatest concern is how to recover from all these economic
    and global troubles and stay afloat especially with the political power tussle going on in the US and for sure my diversification process but still on fence about the market future.



  34. Paulo on January 30, 2023 at 9:17 am

    This getting interesting! I put my money on Tesla for now until everyone else can scale and has the battery to scale. By that time Tesla probably on the flying car!



  35. Gonzales Lee on January 30, 2023 at 9:19 am

    *Don’t sleep on it…this is a time to invest I recently just bought another property valued at over $15m. I wish knew the right investment firm to invest with earlier, better late than never thought.*



  36. MrTongMan on January 30, 2023 at 9:19 am

    It will be next to impossible for Toyota to turn the ship around let alone catch up to Tesla. EV mass adoption is happening now. 🚀



  37. young Tran on January 30, 2023 at 9:20 am

    Cnbs always ckoking when trying to saying something positive about Tesla!!!



  38. Phil Easler on January 30, 2023 at 9:21 am

    Good riddance to Mr Toyoda, who hated ev’s big time



  39. Andrea Romano on January 30, 2023 at 9:26 am

    It is an anomaly because it is not an auto company but a robotic company.



  40. S Sing on January 30, 2023 at 9:28 am

    Toyota is an amazing company. That long of history and has what. 200 billion in debt still.

    Wow someone is running Toyota right. 😂 😂 😂 😂 😂