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Motley Fool Hidden Gems Investing

Ferrari, Tesla, and the Future of Cars

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.33.1K Ratings

🗓️ 31 July 2022

⏱️ 27 minutes

🧾️ Download transcript

Summary

Eddie Alterman really likes cars. He is the Chief Brand Officer of Hearst Autos and was the editor-in-chief of Car & Driver. Alterman’s new podcast is called “Car Show! with Eddie Alterman”. He joined Ricky Mulvey to discuss: - Why autonomous cars feel farther away today than in 2017 - One way that Tesla could become the new Standard Oil - Ferrari’s strategy toward electric cars - Why traditional carmakers may not get enough credit from investors - Cadillacs with dry bars and LP record players Host: Ricky Mulvey Guest: Eddie Alterman Engineer: Dan Boyd Stocks: BMWYY, TSLA, F, GM, BA, POAHY, RACE, HYMTF Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

We learned about Elon Musk through the cars,

0:03.3

through Tesla because they are so cool.

0:05.5

But I think what he really wants to be is utility.

0:09.2

You know, he's got the best supercharger network.

0:12.5

I mean, the other fast charging stations are terrible.

0:17.4

They do not compare in any way to the Tesla supercharger station.

0:22.0

He's needs to build more of those

0:23.8

and then he's basically another monopoly.

0:26.8

He's basically standard oil all over again.

0:33.5

I'm Chris Hill and that's Eddie Alterman.

0:36.2

He spent a decade as the editor-in-chief of car and driver

0:39.5

and he's got a new podcast called Car Show.

0:42.4

He really likes cars, so that's what this episode is all about.

0:45.6

Ricky Mulvey caught up with Eddie to talk about

0:47.9

the tenuous future of self-driving cars,

0:50.8

Tesla's chances at becoming a monopoly

0:53.4

and why traditional auto-makers don't get enough credit

0:56.5

from Wall Street.

1:02.4

We've talked about the story a little bit on our show

1:04.6

and it ties into this theme where like,

1:06.9

we're excited about the future of cars.

1:08.1

There's plenty of innovation to watch and it's cool.

...

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