Tesla DOES NOT NEED A PR Department (here's why) | Summary and Q&A

TL;DR

Tesla does not need a PR department because it is production constrained and has more demand than it can currently meet.

Key Insights

• 😊 Tesla does not have a PR department because it is production constrained and has more demand than it can meet.
• 😑 Negative press about Tesla does not have a significant impact on its sales as there are many potential buyers waiting to purchase their vehicles.
• 👍 Regulators are likely to approve Tesla's autonomous software after evaluating the company's data showing its safety compared to human drivers.

Transcript

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Questions & Answers

Q: Why does Tesla not have a public relations department?

Tesla does not have a PR department because it is production constrained and has more demand than it can currently meet. Therefore, negative media coverage does not have a significant impact on Tesla's sales.

Q: Can negative press about Tesla affect its reputation?

While negative press can impact people's perception of Tesla, the company's current production constraints mean that they are still selling every vehicle they make. As long as demand exceeds supply, negative press does not have a material impact on Tesla's business.

Q: What happens if someone hears false information about Tesla?

If someone hears false information about Tesla in the media, it may prevent them from buying a Tesla. However, with the current demand exceeding supply, there are many other potential buyers in line, so it does not significantly affect Tesla's ability to sell every vehicle they make.

Q: Will regulators be influenced by negative press about Tesla's autonomous software?

Regulators, who analyze data and evidence, will likely look at Tesla's proven data demonstrating the safety of their autonomous software. While negative press may impact their initial perception, the overwhelming evidence of Tesla's software being safer than human drivers will likely convince regulators to approve it.

Summary & Key Takeaways

• Tesla does not have a public relations department and this video aims to explain why.

• The argument is based on the fact that Tesla is production constrained and has more demand than it can currently meet.

• Negative media coverage may not have a significant impact on Tesla's sales because there are many people in line ready to buy a Tesla.