Tesla’s 2016 Shareholders Meeting yesterday was an unusual one. CEO Elon Musk and CTO JB Straubel were on stage for close to 4 hours and went through the bulk of Tesla’s history – recounting stories from the early days with longtime employees of the automaker.
We already reported on important nuggets of information the execs released about the Gigafactory and the Model 3 during the event, but what probably stands out the most from the event – from my perspective at least – is Musk’s rant about the importance of the “machine that makes the machine.”
The CEO said that he recently – in the last 2 or 3 months – came to the realization that the potential for improvement is at least a factor of 10 greater in manufacturing vehicles than in the actual vehicle engineering.