Tesla having sales problems in Europe.
1️⃣ Tesla Germany sales decreased to 5306 in 2020 from 6816 in 2019 same period. All EV sales grew 65% in 2020 vs 2019 in Germany! Overall Tesla EV market share is 8.7%, lagging after Volkswagen(38.3%), Renault(16.2%), Hyunday(12.0%).
2️⃣ Other Europe markets shows similar trends. Tesla is sixth automaker by EV sales in Spain+Norway+Netherlands.
Will US/China sales compensate for loss in Europe? How Europe sales will affect stock price?
Software is eating the world.
Zoom is now worth more than 7 biggest airlines combined.
If you think this comparison is a bit odd, stop for a second and realize that airlines and video communication software are actually in an indirect competition.
We all have attended a meeting that should have been an email and we probably also have been on a business-trip that could have been a video call.
This is one of the best examples of dematerialization and how capitalism and technological progress is allowing humanity to do More from Less. If you want to know more about the topic I highly encourage you to read a book More from Less: The Surprising Story of How We Learned to Prosper Using Fewer Resources by Andrew McAfee. It’s a book full of optimism telling how as we get richer, we are using resources more efficiently, using less energy, causing less pollution and cleaning up the pollution of the past.
I will share Qoorio talk experience with Kasparas Aleknavičius publicly. Kasparas agreed.
We both work with Data.
My biggest learning. I tend to fall into generalisation traps. All Data/Artificial Intelligence feels falsely similar. Different field(medicine, finance, B2C, B2B) seems to be less relevant compared to person’s work experience.
But we did found many differences in our fields. Biggest one being very different shareholders alignment.
For 2021 i decided to book more talks with people working with AI/Data, but in other fields than i do. Hope to learn a lot.