Elon Musk Gave The Geekiest Critique of 'Vertical Integration' We've Ever Heard
REUTERS/Danny Moloshok
Tesla announced second-quarter earnings yesterday and beat Wall Street's expectations. After the markets closed, CEO Elon Musk and CFO Deepak Ahuja conducted a call with analysts.The company's proposed Gigafactory (or gigafactories - it's unclear whether Tesla will build just one) was a hot topic of discussion.
UBS analyst Colin Langan asked Musk whether the facility would be "highly vertically integrated" or whether Tesla would "probably outsource more," Musk slipped into one of the charmingly geeky explanations that he's prone to:
You have to admire the mind of an entrepreneur who thinks about how to save money at the molecular level!