Sandy Munro Says Tesla Isn't a Car Company, It's a Cult

Sandy Munro Says Tesla Isn't a Car Company, It's a Cult

Assessment

Interactive Video

Business, Architecture

University

Hard

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The video discusses Tesla's achievement of selling a $35,000 Model 3 and the resulting investor concerns due to store closures and profitability issues. It highlights the challenges of producing the car at this price and Tesla's unconventional strategy of selling cars online. The discussion also covers Tesla's unique business model, which attracts a cult-like following, and the market uncertainty it creates for investors.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges might Tesla face in maintaining profitability with the $35,000 Model 3?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How might consumer behavior change with Tesla's new sales model?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does the 'cult' following of Tesla impact its market performance?

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