Yes! Agreed! How can they copy remake same mistakes that’s not reinventing!! Just copy from someone else then saying I make it better then let other guy goes bankrupt 😭😭😢
@@fentarasound2914 because if you did, then you're even a bigger idiot (sorry no disrespect just making a point) because Tesla makes it clear that whoever laughed on her during her tough times are nothing but clowns. Didn't you think about it before writing that counter question? check mate dude
should've been a tech startup, then gradually moved into the car industry once all the tech was developed, it's a dumb idea to build the product before the plans are made
magicians they call them.... they smoke you're money away by assuming they have great ideas that know one understands cause its a scam. Banks use to do that until 2006 so they created another industry with the stolen money from investors. They basically washing money and instead of NYC its California Silicon Valley
Don’t know why people are defending him, he preyed on small business owners with a get rich quick scheme and used unregulated channels to get funding, I don’t think it’s right to take peoples money on a high risk idea unless they know the exact risk/reward which it seems they didn’t.He fled his own country which says a lot.
You dont defeat a company by copying everything they do. The fact that their company's name is inspired by a scientist shows how much they wanted to copy tesla.
Tesla copied BYD. And got seed money from U.S. Government. And has operated at a lost every year, if it was merely about producing cars and selling them. Only reason for any profit is Branding that relates to shares and Carbon Credits. Without milking the U.S. Government, Tesla would also have been out of business long ago.
@@michaelsalituro9179 I wouldn’t really say “copied BYD” but I guess they have similar ideas. And also Tesla’s are way better that byd cars lol. They have also had a profit since 2020
Thank you. It is saddening how quick people are to just dismiss this guy's efforts just because things didn't pan out favourably for him. The important thing is that he tried. Something which a person like Elon would really appreciate. Also Elon himself was on the verge of bankruptcy in the year 2008. But he successful made his way out of it.
True, before he came to US, his LeTV has already bankrupt and he ran to US to avoid being detained. And he keep telling his investor for LeTV that he will go back to China "Next Week". He became a joke in China, his "Next Week" promise has never been fulfilled.
Trang Lam it’s not pollution, it’s happy green no no juice. It’s not poisonous lead on toys killing kids, it’s happy night night time for american kid. It’s not slave wages it’s happy chinese good fortune making. It’s not toxic smog it’s happy smile clouds you say nice thing about quirky chinese lest we harvest your organs wait did I say harvest organs I meant happy cutting time u Chinese dinner we quirky chinese.
Yeah.. they were, but it's a different story.. the combustion car manufactureurs wanted to destroy tesla for being a threat to the car industry... I know what you mean, but it's a different story
I agree but he had a vision. It's just that he wanted to make a huge success out of everything instead of focusing on a selected few and making baby steps one at a time. If I were him I'd have prioritized on the car and the steaming service. The car would open up his chance to using new devices together which would eventually link up with his streaming service.
You get drugged in wanting more. It’s just human nature to continue. It reminds me of breaking bad that the trill of it is exciting. “Selling drugs” which was the concept of the show. Same goes here, he wanted more money.
yeah, until he actually died, or totally handicapped, he is more or less has no problem in his life sure he failed here and there, but I see poor people experience the same situation and that's truly hell for them without 7 billion dollar to support their life during those times
@@haziqsembilanlima Thats not quite true, if your company wants to have a competitive edge in the industry them you'll need to have different thinking and objective compared to others (reason why Tesla is successful). They both operated and competed in the same market until around the the late 90s and 2000s. Both companies then found their own unique markets and dominated them.
Lesson's I learned: 1. Never jump industries. And focus on the one thing you do and master that industry. 2. Cash flow statement is very important. You must never neglact it.
If he stayed in the same one, his investors would notice it was not profitable and retracted the investment. He needed to throw out fancy ideas to bank money from naive investors.
He just had the worst 2019: - Lost all share in FF - Filed for bankruptcy - His wife left him - His kids can't attend expensive school no more This is LIFE
@surya prasad b His actual cash holdings are probably less than 20 billion. The corporation he owns known as Tesla Motors has never made a profit.. It doesn't matter how many vehicles he is sold he has still not made any money on them. 550000 is nothing compared to the Earth to the 68 million vehicles in the United States. You're also talking about a. Over 10 years. General Motors sells millions of vehicles a year as in tens of millions.
LOLOLOL LOLOL liquidate assets and pay back investors, but he won’t. He probably has enough untaxed currency in off shore accounts that he could pay investors back with, considering its probably their money....but clearly he doesn’t want to pay taxes on that hard earned “cash” just to pay back dumb ass investors....
You know you're a car guy if you have an *AE86 TRUENO SPRINTER, COUPE, W/THE JDM VERSION OF IT, also also the fact that's you watch Initial D, so the fact that you have the panda design with the black hood, yeah you're a car guy.* ALSO ALSO: *4AGE ENGINE W/MODDED FOG LIGHTS ON THE FRONT OF THE BUMBER-* I WOULD SAY MORE IF I I havnt forgotten the specs- Oh yeah the *Fugiwara Tofu* logo on one of the sides of the door.
basically it followed the same path as Tesla, but Tesla was already there. Also, Tesla too is burning through billions and barely scraped into profit this year. They too will fail.
@@goldsilvervscrisiscollapse4320 Obviously market thinks that Tesla will survive. Barring the massive recall and earthquake in California, Tesla has probably much better chance to survive for next 5 years than FCA/PSA or Ford. If you say it will fail please put a timeline for it, because if timeline is long enough everything will fail.
The CEO was listed by the Chinese government as a "Credit-broken person" because he owed a lot of money to suppliers and investors and did not pay back
@Sychrari then what do you think is communism ? And what are the steps that you mentioned ? I have to ask because many people use those words differently.
Welcome to the comment section, where everybody is a 14 year old entrepreneur with million dollar advice. EDIT: My point is, if everyone is so smart and knows how to manage this and what to do, why aren’t you running a million dollar company?
Crypto investment is great unlike the stock market and other financial market, crypto has no centralised location since it operates 24hrs in different part of the world
The whole thing was just a CCP backed corporate subversion attempt. Unfortunately for them they backed a scam artist. I guess they're going to have to pick a new frontman for their economic warfare. edit:sp
@@NBASFAN it just means you don't want to pay back what you owe and because your rich the legal fees basically don't exist. Isn't it nice having a legal system that vastly benefits the rich far more than the poor. Silly dumb poor people pretending like they're people too
Honest is the thing this guy lack the most.... If you know his history on doing business at the very first hand, you will never believe his company will make any real good products at all.
Not really. Something like that could honestly be done, but with the right people. He was a fraudster, maybe at best a crappy businessman who was only in it for the money. That was his downfall
@@plainmainaccount5554 and even if he was honestly trying to succeed at all these efforts, he would be ambitious to the point of foolishness. taking on Apple or Google for one major product is imaginable. simultaneously taking on every major tech company in 7+ different markets is insane
I watched their presentation live and yes they did failed in making a significant car plus they promised too much of tech and hype from a car. their automatic parking features failed in front of audience what to say
Dude that presentation was hard to watch, you could see it on all the execs face that with the failure of the presentation they knew they would go broke.
Step 2: Let the guy who has been a notorious fraud in China for a long time yet totally not known to common Americans organize the stuff. Step 3: The company blows off as it should be. But you are still rewarded handsomely. A scam doesn't make its profits from its running anyway.
DID YOU KNOW that the Very Large Array, based in US state of New Mexico, is made up of 27 antennas that work together to act as one giant dish? With an effective collecting area over 13,000 square metres, the VLA has been used to to make key observations of black holes and how planets are formed.
You are wrong and got the whole thing bent. If you have money you take out loans on that amount, so you don't put your money in jeopardy. The fact he defrauded lots of people is a Ponzi scheme. He should be thrown in a whole and never let out.
Would you put all of your money in 1 investment or project? Its how very smart rich people stay rich... why use your own money when you can use someone else's.
The kicker for Faraday was they couldn't carbon-copy their competition. Like QQ with ICQ. Or WeChat with WhatsApp. Tesla technology and AI-based geolocate GPS tracking service is a secret. And noone will ever unveil that secret.
@@kamuelalee he escaped China to avoid paying off debts. The fact is he gets to live in a mansion while owing billions of dollars whereas companies do what they can to get a few hundred from the lower/middle class
@@nufsioohay The report states YT is going back to China to face the consequences of his actions: He's still in trouble with Chinese law. But whether he actually goes back is another matter.
He is not broke I can guarantee he still has millions in some off shore account. As for going back to China yeah right what fool would do that. That's a death sentence or life in prison being beat .
From a car guys perspective: a highly anticipated debut only to show case a very unrealistic concept car; fast forward not too long afterwards, the FF91 is revealed. As it turns out it's a forgettable $200k SUV that malfunctions in front of its first audience. Also, no factory.
So far I believe his big mistake was to target all the big company . He should have take one company at a time . He should have also build the car in China were is cheap to build car .
@@allentey6870 Jia YT will sell everything at right price for him. This is not first time he pulled this kind scandal. Look at LeTV or look at Shangxi Bell Communication at Singapore Stock market. The only reason he got successful is because he is "white glove" for Chinese Communist Party officials to make money. He is boss and boss' family has lost their power in CCP during the last power struggle. FF probably is his only hope to find new "boss" and be a "white grove" again.
He had a successful company, then he over expanded the company which caused the trouble later on. Elizabeth Holmes had nothing to start with. Her whole scheme was a hoax. So she has nothing on him really.
Trust me anyone watching this right now is in search for innovation that will change the way we work,and only the new age dream traders are willing to share and not dribble.
of course, most of these experts are obviously running a decentralized system with new tech, they're only willing to talk to who is ready, I know a guy tho.
But if one has all his saving in bitcoin, it might be a bit dicey when the central governments outlaw it.... I guess i would be better suited in gold and US treasuries.
??? Elon musk receives BILLIONS in subsidies. TSLA would have gone brankrupt too w/o Federal assistance bailing him out each year. TSLA is losing money every year. In the tune $700 million.
yeah. like apple is probably going to go into cars soon and they are in all the same markets but they made each product line was successful before moving onto the next. On a side not this does not mean I like apple. Greedy ass company.
Most people think that startups have lots of money, but as a person who once worked in a startup company backed by a major group, I can assure you that their accounts are full of loans 😂
@Cicero Progontus No. Not all risk takers become billionaires. That's the point. People only make a big deal of success stories. It's nice to hear stories from the other side to get both perspectives.
@Cicero Progontus It's actually to show where you can succeed, you can also fail. A cautionary tale warning entrepreneurs to avoid making the same mistakes that he did. Many success stories show grit and tenacity, but do not really go into what not to do. To succeed where others fail, do not make the same mistakes that they made, but instead learn from them, and this is a great story for that.
@mr. wonderful I know I ain't looking for friends... but I ain't looking for no progress mindsets because that's how I know that's a failure at life....most people who are something or will be AVOID such people...and know they re the envious and jelpus types who enjoy to see other people fail because they are soul losers at heart. And most likely will amount to nothing....That mindset I exclaim is the sign of a loser
No one needs that amount of money...elon is a greedy bastard, people dying and only 10% of the people in the world have more money than the rest all together, is just disgusting
@@jjba3571 Well don't forget about Elon's goal which is the "Living on Mars" plan... He needs a lot more money to do that... Plus everyone wants money, it's only natural... and by making Tesla he opens a new horizon for the car industry and by doing so he reduces the amount of CO2 and other toxic things in the atmosphere...
@@itsalecsteica5243 the dude is not saving the planet, he is just making himself rich, why he has so many fanboys ? I dont say he is the epithome of evil or greedynes, there are far worse billionaries than him, for sure, but he is not jesus. He is profiting in tbe desire of young and new generation of better alternatives, which is good tho, but again some people praise billionaraines like they were saints ... then again when he make his space suits who will wrote them ? The rich :)
@@sokantnevesti603 are you stupid or dumb or should I say both . They failed to deliver after burning through billions. China is the biggest market for electric cars, if he delivered at least he will have huge success in the China market which is huge than any market in the world .
Did he? I didn't see anything in this video to say he cheated anyone. I didn't see anything saying the money was going to X/Y instead of where it should have, all I saw was a guy with experience in entrepreneurship failing in one of his ventures. I'm sure he tried, and have no evidence to say he cheated anyone.
@@fn326 True! Make sure you as an individual or a small business owner NEVER offers money to a business venture or individual if you're not able to lose it and not be hurt. DUH!
that awkward moment you have to reapply for a job at tesla
JayCen well they’re idiots
JayCen Yup
"You could not live with your own failure. So where did that leave you? Right back to me." - Elon probably
17RedKnight 😂😂
Yes! Agreed! How can they copy remake same mistakes that’s not reinventing!! Just copy from someone else then saying I make it better then let other guy goes bankrupt 😭😭😢
"The success of a company depends on the choices it makes".
yes, and people die if they are killed.
Dyne Sheriff “people die if they are killed”-D.Sheiff 20’ 😊
MIARACING Emiya Shirou...
And people poop if they eat
you're a brilliant one, that's really deep...
archer class servant are really made up of archers !
It's like a scene in iron man 2 Tony stark vs hammer
Nana ALL aye it’s nana-
add mo ako sa ml
IGN: CarbonaraVirus
pfp sauce?
@@victorsevilla8763 Hi Skin begger
@@AldrinZote i did not ask for skin i only want to make friends
This man focused too much on his competition that he ended up losing direction.
246
He incorporated Sasukes storyline
@@alzheimersgaming6094 😂😂😂
you wouldn't have said that if he was successful, because you didn't say that about Tesla and tesla had almost lost it
@@fentarasound2914 because if you did, then you're even a bigger idiot (sorry no disrespect just making a point) because Tesla makes it clear that whoever laughed on her during her tough times are nothing but clowns. Didn't you think about it before writing that counter question? check mate dude
Too ambitious and lack of focus, they didn't know if they were a car company or a tech startup.
The whole thing was a scam from the start…
should've been a tech startup, then gradually moved into the car industry once all the tech was developed, it's a dumb idea to build the product before the plans are made
Franko007 were?
th-cam.com/video/HA18oyyG-xg/w-d-xo.html
To be fair, so was Tesla. They're both a startup and a car company.
silicon valley is littered with people like YT. there are so many smart people with ideas. to execute the strategy is so difficult.
Too much soy?
Z z you correct. We often only hear about the successful
magicians they call them.... they smoke you're money away by assuming they have great ideas that know one understands cause its a scam. Banks use to do that until 2006 so they created another industry with the stolen money from investors. They basically washing money and instead of NYC its California Silicon Valley
Jibran Khan too much masala
th-cam.com/video/HA18oyyG-xg/w-d-xo.html
He should've just bought Tesla stock with all that money..
If he invested in Tesla early last year he would be about 7 to 8 times richer, unlucky guy...
yep too late now.
@@ibejibenson6065 Well he still managed to scam billions from investors, so not all bad for him i guess?
He could've.
@@cutiebaliwFreedownload not really, tesla stocks fluctuate like crazy, but its getting much bigger in the longrun.
Don’t know why people are defending him, he preyed on small business owners with a get rich quick scheme and used unregulated channels to get funding, I don’t think it’s right to take peoples money on a high risk idea unless they know the exact risk/reward which it seems they didn’t.He fled his own country which says a lot.
Who said people are defending him?
@@sincotrodium7385 read the comments and see.
Same as most rich billionaires
@@Jerbt think being a billionaire makes you rich u don’t need to say a rich billionaire.
Man, that guy is a crook, do a background check on him in China and you will know.
I don’t think tesla was ever challenged by a company that never shipped a car.
Eriamjh 1138 7:50
Neel Javia but a challenge was technically issued
It's just a bluff, the real purpose is money laundry for high ranking bureaucrats in China.
Neel Javia agreed
to be fair, tesla never produced anything actually worth buying.
Their cars actually look dope.
"It looks perfect but useless" - El presidente
it looks like a honda...
@@JuniorJuni070 or restyled Leaf, imo
Electro UA “ restyled leaf 🍃 “ lol
Abd Mobashir lmao nice farcry 6 reference
It takes more than money to beat Tesla. You'll need a crazy CEO
Hello Mr. Mak. Have you already practised the piano today?
Bruh your everywhere
Found ya
We met again 😂😂😂
@@tomatocharro348 ikr
You dont defeat a company by copying everything they do. The fact that their company's name is inspired by a scientist shows how much they wanted to copy tesla.
Riot Games: "wut"
Tesla copied BYD. And got seed money from U.S. Government. And has operated at a lost every year, if it was merely about producing cars and selling them. Only reason for any profit is Branding that relates to shares and Carbon Credits. Without milking the U.S. Government, Tesla would also have been out of business long ago.
@@michaelsalituro9179 Was that suppose to be a bad or a good thing?
@@michaelsalituro9179 I wouldn’t really say “copied BYD” but I guess they have similar ideas. And also Tesla’s are way better that byd cars lol. They have also had a profit since 2020
they copied everything except the bankrupt part 😁
Tried to take on Apple, Google and Tesla almost at the same time. Gimme a break.
You can't complain. the dude on your profile pic is trying to go against two yonks at once. And also the admirals and Blackbeard in near future.
@@diojoestar4766 Love you my man. Must be one piece fan. 😍😍. More precisely anime fan.
U forgot Harley :)
@@diojoestar4766 that was unexpected
@@Cyrx686
Nor was the Spanish inquisition
We look up to Elon musk now just because he is successful now. There is no reason to downgrade this man, things don't always work the way you want.
Well said and People should check d Elon interviews. He at one point felt they wouldn’t make it himself with over $55 million of his own money
Thank you. It is saddening how quick people are to just dismiss this guy's efforts just because things didn't pan out favourably for him. The important thing is that he tried. Something which a person like Elon would really appreciate. Also Elon himself was on the verge of bankruptcy in the year 2008. But he successful made his way out of it.
Thank u for this comment. Yes, it's like some people love to see others fail so it makes them feel better about not even trying.
Not to forget they are not above foul play.
Especially today's world of social media
They want to see you fail so as they can talk about you
He does not "go bankrupt"
He was bankrupt before he even started
*did not*
If anything said to try to take on something already exists and are popular I'd already know it's gotta be Chinese. Also true that
Same goes for Japanese because Steve Jobs said so
The respect hasn't been killed it hasn't existed😐😂
True, before he came to US, his LeTV has already bankrupt and he ran to US to avoid being detained. And he keep telling his investor for LeTV that he will go back to China "Next Week". He became a joke in China, his "Next Week" promise has never been fulfilled.
If only he knew the power of memes and anime then he could've beat Elon.
You can't beat a guy who appeared in both Rick and Morty and MCU lol
The nost reddit thing I have ever read
@@GamingWimpGW360 after r/wooosh
@Abdullah Faisal anime is so unrealistic
@@novideos9144 r/GoOutsideLol
Their cars looked cool as hell.
Leviathan I mean it’s unique like the Tesla Cyber Lineup.
But is didnt work
Yup, and the CEO 's ego got the best of him, which ultimately caused Faraday to go off the rails.
Cool as... what?
@@vicious2811 hell
Summary of their failure for me:
Focus
Financial
For me as well, thank you!
Its not that easy
@@idzkk summary. If you know the meaning.
Yeah, he stuck his fingers in too many pies
Never heard of him and you’re being far too kind here, he’s a fraud through and through.
Thats part of the quirky chinese culture. It's a feature not a bug /s
R V right and communism is good, not evil. They’re Not suicide nets, they’re human being retention happy nets. Just quirky chinese being quirky.
Trang Lam it’s not pollution, it’s happy green no no juice. It’s not poisonous lead on toys killing kids, it’s happy night night time for american kid. It’s not slave wages it’s happy chinese good fortune making. It’s not toxic smog it’s happy smile clouds you say nice thing about quirky chinese lest we harvest your organs wait did I say harvest organs I meant happy cutting time u Chinese dinner we quirky chinese.
he was a visionary but lacked expertise in manufacturing and over-promised results. It's not fraudulent at all.
"Never heard of him and you're being too kind here, he's a fraud through and through."
How would you know if you never heard of him?!
"YT ventured to take on Apple and Google" now that's taking on more then you can swallow.
*looks at Epic Games*
Don't forget Tesla was on the verge of bankruptcy as well, so be humble.
But they didn’t have the hype, public support, and resources and people that Tesla spent more than a decade overcoming the lack of it.
Lol, Elon musk runs spaces as well,do you know how expensive rocket is???? He launched 3 at that time
Yeah.. they were, but it's a different story.. the combustion car manufactureurs wanted to destroy tesla for being a threat to the car industry... I know what you mean, but it's a different story
Bankruptcy is just a way for them not to pay their bills and taxes until they get back on their feet
ehh no.
This title makes him look like he failed challenging Tesla.
No, he failed everything.
@BBD Design so many people are afraid to take the very first step
@BBD Design Your mom is grammatically incorrect,
I agree but he had a vision. It's just that he wanted to make a huge success out of everything instead of focusing on a selected few and making baby steps one at a time. If I were him I'd have prioritized on the car and the steaming service. The car would open up his chance to using new devices together which would eventually link up with his streaming service.
@Brian Hi Brian, are you Brian Lie or Brian Tanady
Brian are you calling him successful?
YT stands for "you tried"
TrqHardPvP 😂 nice
Yes
But failed
Or TH-cam
*You tried* -so hard, and got so far, but in the end, it doesn't even matter- ...
Would love to hear more stories like this revealing true financial history.
he will make them dont worry its his job
Not gonna lie their cars look kinda fire
Every concept car does
These guys should stop competing with Tesla and make cars for TV. Would really reduce on the time a sci-fi movie/series takes to make.
Hahaha 😂 your always commenting on videos 😂
EƏ
leFire
He had a 7 billion dollar net worth, all he had to do was live.
Some people want more power wants u have some, you want more it’s just human nature.
@@ieatgrass108 its ironic isn't it the wealthiest people think like the poorest while the poorest think like the richest.
You get drugged in wanting more. It’s just human nature to continue.
It reminds me of breaking bad that the trill of it is exciting. “Selling drugs” which was the concept of the show. Same goes here, he wanted more money.
It’s human nature to want more, even if you’re a billionaire. Ppl get bored way too easy
yeah, until he actually died, or totally handicapped, he is more or less has no problem in his life
sure he failed here and there, but I see poor people experience the same situation and that's truly hell for them without 7 billion dollar to support their life during those times
Answer is simple:
*there cannot be two Elon Musk at the same time*
There wasn't, and there isn't. He is "YT" no matter what company he builds 😂
@gnomon goat their way of thinking are different, so Steve Jobs isn't Bill Gates and vice versa. The statement above applies well here
@@haziqsembilanlima Thats not quite true, if your company wants to have a competitive edge in the industry them you'll need to have different thinking and objective compared to others (reason why Tesla is successful). They both operated and competed in the same market until around the the late 90s and 2000s. Both companies then found their own unique markets and dominated them.
Not even in the parallel universe 😂
One shall stand, One shall fall
I remember they used to call this the “Tesla killer” 😂
Lesson's I learned:
1. Never jump industries. And focus on the one thing you do and master that industry.
2. Cash flow statement is very important. You must never neglact it.
What about Amazon?
@@john3260 amazon cash flow is a whole nother level, bezos's company really big (cash & valuation) it's special case.
what about Samsung?
Remember that Musk jumps from digital payment to electric car to space shuttle to battery and to brain-machine interface.
If he stayed in the same one, his investors would notice it was not profitable and retracted the investment. He needed to throw out fancy ideas to bank money from naive investors.
Why do I keep hearing “Tesla killer” or “BMW killer”. It’s really a stupid, nonsensical phrase.
Mr. Teff Chinese fake dream
they love labelling their product with bunch of nonsense
And thats why they fail cause people missphrase stuff if u call an unknown company a tesla killer ofc they wont succeed
Mr. Teff saying that is the same as admitting whatever it is you are the “killer” of is great in its own right.
@@SyafriMukhrizal enjoy your subpar chinese product, also tesla doesnt advertise
He just had the worst 2019:
- Lost all share in FF
- Filed for bankruptcy
- His wife left him
- His kids can't attend expensive school no more
This is LIFE
Le Jia went Le Broke
At least he knew now his wife isn't loyal
Women choose guys who are handsome and guys who are rich nowadays
@@kapitantutan2215 Not handsome, only they choose by money
@@witheeeeeerx Yea. And elon musk's wife probably loves him cause of how rich he is
Elon Musk talked about how Tesla almost failed. Jia didn’t listen, he thought he was better than Elon musk
This is the only comment I've liked. U got it. People in the comments aren't getting it.
@surya prasad b nice comment😂😂
He probably thought he could get money from the government too
Tesla is a failure it has not made a profit.When the subsidies to buy teslas go away the sales will drop to 0
@surya prasad b His actual cash holdings are probably less than 20 billion. The corporation he owns known as Tesla Motors has never made a profit.. It doesn't matter how many vehicles he is sold he has still not made any money on them. 550000 is nothing compared to the Earth to the 68 million vehicles in the United States. You're also talking about a. Over 10 years. General Motors sells millions of vehicles a year as in tens of millions.
Elon is driven by passion and vision. He was driven by money.
elon is driven by profit.
Leandro E. Louder and passion and vision
[insert car pun here]
True
Leandro E. Louder that’s why tesla barely makes profit right
He challenged tesla by watching elon musk motivational quotes.
😂😂😂😂😂😂
😂😂😂😂😂
Well they Say practice untill your Idol becomes your Competitor 😆
@@Zaid4rif true bro😂😂🤣🤣🤣🤣
He also cheated small investors
Tesla : *Exists*
Le-eco : I am about to end my whole career...
this is gr8
Lmao
Lol
under rated comment !
@@Maddy-ht8pg thanks
YT: Teslas over!
Elon: Let me finish this Falcon 9 real quick
He’s sorry for not paying back his investors but yet he still has 4billion, real sorry
Charles II net worth, probably not liquid cash
Theres a difference between net worth and actual money or bank account
LOLOLOL LOLOL liquidate assets and pay back investors, but he won’t. He probably has enough untaxed currency in off shore accounts that he could pay investors back with, considering its probably their money....but clearly he doesn’t want to pay taxes on that hard earned “cash” just to pay back dumb ass investors....
@@charlesii5353 yep
@@Digitalkmusicproduction all cash. He sold all of his stocks when they were high and lended back to the company. The investors own him money now.
YT just working on his new project: “LeBankrupt”
Lmao
Lemao
Lmao
Lmao
Lemau
You know you’re a non car guy when you say “it looks like a batmobile”
😂😂😂😂🤣
it does tho
You know you're a car guy when you have an ae86 profile picture
You know you're a car guy if you have an *AE86 TRUENO SPRINTER, COUPE, W/THE JDM VERSION OF IT, also also the fact that's you watch Initial D, so the fact that you have the panda design with the black hood, yeah you're a car guy.*
ALSO ALSO: *4AGE ENGINE W/MODDED FOG LIGHTS ON THE FRONT OF THE BUMBER-*
I WOULD SAY MORE IF I I havnt forgotten the specs-
Oh yeah the *Fugiwara Tofu* logo on one of the sides of the door.
@@tanpopou123 *HACHIROKU*
our history tells a lot of story of people from low level challenging high level and wining , like ferarri vs lamborgini .
Daddy Musky
error: task succesfully failure
hahahha
Ironic
basically it followed the same path as Tesla, but Tesla was already there. Also, Tesla too is burning through billions and barely scraped into profit this year. They too will fail.
@@goldsilvervscrisiscollapse4320 Obviously market thinks that Tesla will survive. Barring the massive recall and earthquake in California, Tesla has probably much better chance to survive for next 5 years than FCA/PSA or Ford. If you say it will fail please put a timeline for it, because if timeline is long enough everything will fail.
The CEO was listed by the Chinese government as a "Credit-broken person" because he owed a lot of money to suppliers and investors and did not pay back
Loan him more money then, so he could pay the previous bill, then you loan him more and on and on.
@@blackumbrella6199 What you said as a joke is literally how Democrats in congress think America should run
@Sychrari so what is socialism in your own words ?
@@phillylove7290 like 80% of Chinese companies are managed this way. It's insane.
@Sychrari then what do you think is communism ? And what are the steps that you mentioned ? I have to ask because many people use those words differently.
Welcome to the comment section, where everybody is a 14 year old entrepreneur with million dollar advice. EDIT: My point is, if everyone is so smart and knows how to manage this and what to do, why aren’t you running a million dollar company?
Dead 🤣 🤣🤣.... and true
Lol
Pablo thank you
Writing a used comment doesn't make you an adult either...
@@MrVarunparmar stfu
Crypto investment is great unlike the stock market and other financial market, crypto has no centralised location since it operates 24hrs in different part of the world
You're right I think Gold and Crypto are the best to invest right now☺️
Trading crypto with Expert hanna macko has been a game changer for me
How do I contact hanna macko?
Really y'all know her? I even thought I'm the only one she has helped walk through the fears and falls of trading
I met hanna macko last year By the first time at a conference in Manchester, I invested £ 25,000 and traded in one month making close to £ 144,070
Bruh, his company was so unfocused. No wonder he failed.
The whole thing was just a CCP backed corporate subversion attempt. Unfortunately for them they backed a scam artist. I guess they're going to have to pick a new frontman for their economic warfare.
edit:sp
ye he just wants to take on everything
Too much too early... But he's a good risk taker alright... Its just his timing...
@@fritzdeuces What happened?
@@Laotzu.Goldbug What's a CCP?
If you owe $10K, you’ve got a problem.
If you owe $10B, the bank’s got a problem!
Lol yes
😂😂😂😂
There is no bank, just small business investor. (take my word as a grain of saint)
when youre 3B in debt and live in a mansion. when you're 5k in debt and live in a small apartment. #winning
0 in debt. Homeless
I don’t understand. When we’re in debt we are fucked meanwhile trump, 50 cent, this guy etc file bankruptcy and still live in mansion.
@@ammolator filing for bankruptcy doesn't mean you're broke.
@@ammolator Unlike what the flung turds and CNN would like you to believe, Orange man bad isn't broke.
@@NBASFAN it just means you don't want to pay back what you owe and because your rich the legal fees basically don't exist. Isn't it nice having a legal system that vastly benefits the rich far more than the poor. Silly dumb poor people pretending like they're people too
He's like the Ja Rule of the automotive industry. and Elon is 50 Cent
@@Rlc888 Money hoarder?..yeah right..
well he tried to take on everyone honestly, not just tesla.. and that was his downfall
Honest is the thing this guy lack the most....
If you know his history on doing business at the very first hand, you will never believe his company will make any real good products at all.
Not really. Something like that could honestly be done, but with the right people. He was a fraudster, maybe at best a crappy businessman who was only in it for the money. That was his downfall
@@plainmainaccount5554 and even if he was honestly trying to succeed at all these efforts, he would be ambitious to the point of foolishness. taking on Apple or Google for one major product is imaginable. simultaneously taking on every major tech company in 7+ different markets is insane
Take on everyone SIMULTANEOUSLY... didnt he have a team to warn him
@@petersmangalisongoma2013 When the team is on the same boat, they have tunnel vision.
I watched their presentation live and yes they did failed in making a significant car plus they promised too much of tech and hype from a car. their automatic parking features failed in front of audience what to say
Dude that presentation was hard to watch, you could see it on all the execs face that with the failure of the presentation they knew they would go broke.
A link to the presentation please
th-cam.com/video/mEhPsaeMiQw/w-d-xo.html
Sounds like Tesla's messed up presentation.
th-cam.com/video/HA18oyyG-xg/w-d-xo.html
After they went Lebankrupt they must have been leraged
Lol
*savage *explosions
All because they don't have LeGM
Cthulhu hopp what does LeBron have to with this😂
le epic bro
his pride and the fact that he focused too much on his competition rather than his ambitions got in the way of his success lmfao
what is lmfao about that
He focus on other too much that he forgot where he stand.
@@novideos9144 lmfao
How to name a futuristic car company:
Step 1: copy some famous scientist's name
Step 2 : ..........
Step 3 : Profit
@@aswandanawawan south park reference that many wont get
Step 2: Let the guy who has been a notorious fraud in China for a long time yet totally not known to common Americans organize the stuff.
Step 3: The company blows off as it should be. But you are still rewarded handsomely. A scam doesn't make its profits from its running anyway.
Edison car company soon
Step two: Call the models model
YT: we'll destroy tesla
Tesla: Lenope
Elon musk: Looks like they can't handle the neutron style
Black Fire gaming wait this meme exists in English too?
It always did
@@lucky-mud wait lmao you dont know it came from english?
AdrianAtGaming omg no I’m hispanic I only ever saw the meme being used as “no pudo aguantar el estilo neutrón”
The neutron style? What does that mean?
If he named his company "Edison Future", he would've become rich.
and if I keep my name Jeff Bezos ill lose my hair
😂😂😂😂
Well properly :v
I almost choked on my bread. Lmao.
“Deep pockets in China”
Doesn’t seem sketchy
I found you
@Hernando Malinche How is recognizing China as a more than sketchy authoritarian dictatorship racist?
Bruh it’s 2020 I thought we were past that🙄
Can somebody explain me this comment
Their logo looks exactly like Auntie Dot from Halo Reach lol
“Fall of Reach”
Their logo was pretty cool
When you try your to bash a Chinese company :)
cheat code who’s bashing them? you weirdo
cheat code are you Chinese?
See that logo th-cam.com/video/OVHKE-jHFho/w-d-xo.html
Not gonna lie, the car looks doper than the Tesla tho
it does!!! Much better looking design
Elon Musk should hire their designers.
Not hard
DID YOU KNOW that the Very Large Array, based in US state of New Mexico, is made up of 27 antennas that work together to act as one giant dish? With an effective collecting area over 13,000 square metres, the VLA has been used to to make key observations of black holes and how planets are formed.
@@lindapaul3726 well no, because I don't live in the US
This shows that you should never get too cocky, know who is the boss
Wow, this guy owes billions and is still living a billionaires life like nothing ever happened.
Mostly scam money. He is a thief that got away with his crimes.
This guy owes billions and no one cares, meanwhile, my bank threatens a lawsuit when I'm $5 into the red 🤣🤣🤣
Julie L. I feel bad for you. 😞
@@cxx00616, Well, if you are guilty of a genocide, then one life or two won't matter much ......
Unlike the U.S president?
If someone is a billionaire, why would they need “investors”? Oh, yeah so you go bankrupt and they don’t lose their billions.
Exactly, but Elon didn't do this, he put is own money in aswell. I guess he's pretty different.
You are wrong and got the whole thing bent. If you have money you take out loans on that amount, so you don't put your money in jeopardy. The fact he defrauded lots of people is a Ponzi scheme. He should be thrown in a whole and never let out.
Would you put all of your money in 1 investment or project? Its how very smart rich people stay rich... why use your own money when you can use someone else's.
The kicker for Faraday was they couldn't carbon-copy their competition. Like QQ with ICQ. Or WeChat with WhatsApp.
Tesla technology and AI-based geolocate GPS tracking service is a secret. And noone will ever unveil that secret.
Tony Crabtree he worked at the local tax office so he knew the tricks and how to do it. Spot on!
And yet he can still live in his mansion comfortably...
Not if he's actually going back to China
@@kamuelalee he escaped China to avoid paying off debts. The fact is he gets to live in a mansion while owing billions of dollars whereas companies do what they can to get a few hundred from the lower/middle class
Not for long.
@@nufsioohay The report states YT is going back to China to face the consequences of his actions: He's still in trouble with Chinese law. But whether he actually goes back is another matter.
He is not broke I can guarantee he still has millions in some off shore account. As for going back to China yeah right what fool would do that. That's a death sentence or life in prison being beat .
From a car guys perspective: a highly anticipated debut only to show case a very unrealistic concept car; fast forward not too long afterwards, the FF91 is revealed. As it turns out it's a forgettable $200k SUV that malfunctions in front of its first audience. Also, no factory.
didnt understand anything
So far I believe his big mistake was to target all the big company . He should have take one company at a time . He should have also build the car in China were is cheap to build car .
his plan was to launder the money he scammed in China in the US, and declare bankruptcy here to escape debt, he knew FF would fail.
i was hyped about faraday future but leeco f'kd up ,,,
Hope someone will carryover the Name of Micheal Faraday
He too arrogant to not sell control class stock. That must have annoy some powerful guy.
@Groovy. it is probably his product then
@@allentey6870 Jia YT will sell everything at right price for him. This is not first time he pulled this kind scandal. Look at LeTV or look at Shangxi Bell Communication at Singapore Stock market. The only reason he got successful is because he is "white glove" for Chinese Communist Party officials to make money. He is boss and boss' family has lost their power in CCP during the last power struggle. FF probably is his only hope to find new "boss" and be a "white grove" again.
He lacked the seemingly invincible plot armor that Elon Musk possess
Elon is an engineer not a businessman
"call your friends, hold a business meeting" is he also challenging WeChat?🤣
"YT should had named his car Edison. That was the only chance." --Dr. Strange
He really said that?
@@GoldInk-ds5up He told me yesterday when we got coffee together.
Edison electric car is a thing right? I saw some adds on youtube or maybe just some people making fun of tesla hahaha
True th-cam.com/video/OVHKE-jHFho/w-d-xo.html
Tesla vs Edison all over again
So basically he's a Chinese Elizabeth Holmes.
Beat me to it 🤣
At least he had a somewhat working prototype. Holmes didn't have anything
🤣🤣
He had a successful company, then he over expanded the company which caused the trouble later on. Elizabeth Holmes had nothing to start with. Her whole scheme was a hoax. So she has nothing on him really.
No he is another Chinese copycat with support from CCP
Trust me anyone watching this right now is in search for innovation that will change the way we work,and only the new age dream traders are willing to share and not dribble.
Do you trade? Because some of these dream traders are like ghosts, really good but almost unreachable.
But, Why are most person being dodgy about how they made money in 2020? We all know what's been buzzing for months now, so why the dribbles.
of course, most of these experts are obviously running a decentralized system with new tech, they're only willing to talk to who is ready, I know a guy tho.
But if one has all his saving in bitcoin, it might be a bit dicey when the central governments outlaw it....
I guess i would be better suited in gold and US treasuries.
@@dalilaohb86 Nice trading platform.. I have seen his(Mr Elton) trading algorithm and portfolio set ups Amazingly standard.
So he’s still good with 4 billion but couldn’t pay 10 mil?
Greedy chinese lol
Where have you see a scammer willingly return their gains?
sorry 10 mil is too much. 4 billion is fine.
@@kapthang4837 wat
Elon musk: I ...uh... Won.
Musk wouldn't even consider him a threat. Lol.
Faraday future is inconsequential to Tesla. But they would have only helped Tesla s long term goal to ev adoption
Yeah
4:40 "LeEco responded by filling it's lobby with potted plants..."
Inside the LeEco HQ: Alright, if it works in Sims, it should work in real life!
Always focus in a field which you know about. Never focus on competitor success
My respect for elon musk has increased even more.
Ye they took his workers and still failed
??? Elon musk receives BILLIONS in subsidies. TSLA would have gone brankrupt too w/o Federal assistance bailing him out each year. TSLA is losing money every year. In the tune $700 million.
@@jzizzles7799 That's not True at all
@@jzizzles7799 get your facts right
@@jzizzles7799 that's not true
This man is the very definition of:
"You cannot live with your own failure, where did that bring you? Back to me"
Spread himself too thin. TV's, phones, streaming, finance products, cars, that's way too much exposure without having a good enough base income.
yeah. like apple is probably going to go into cars soon and they are in all the same markets but they made each product line was successful before moving onto the next.
On a side not this does not mean I like apple. Greedy ass company.
LifeofEntropy indeed. Bad business practices but they’re not in business for hearts and minds.
@@blakejohnson2206 true
@@blakejohnson2206 Apple for profit.
No. Simple answer, he is just a liar!
That smart bicycle thing sounds pretty neat!
Short answer: He bit off more than he could chew by founding or buying so many companies.
The guy overextended himself. People probably lost confidence in him because of this fact.
Haha! I think you got it right!
YT knows how to make a small fortune, he starts with a big one.
"I fought the Elon, and the Elon won!"
-YT
or LeElon xD
Congratulations, Elon
Elon did not need to fight him. He just watched as YT took himself out.
Musk would rhyme better
sleeping dogs karaoke, is that you??
"How the man that challenged Tesla went bankrupt?"
He challenged Tesla, you just said it
Imagine how many electric cars would be on the road now if they succeeded
he didnt get government grants to keep them going like tesla
silverslave333 how long would a government grant take?
@@miapia7229 how long ? Not long. Grants just a cover to keep the puppet company running
The Man: _Im about to end this man whole career_
Tesla: _I invoke uno reverse card_
*(The Man left the chat)*
😂😂
THT To23mas 😂😂😂😂🤣🤣🤣🤣
💀
This comment is cringe
Memes are not funny to me
summary: started a electric car company, hired people, and went bankrupt.
Bryan Liu I don’t get it
I hope they become a successful company in the near future. Their cars look awesome!
I know right, they genuinely look cool.
That’s like trying to outpizza the hut
Classic! NICE
In my opinion Caesar’s out pizza the hut
deserves more likes tbh
domino’s does it
I like Domino's more.
this guy is rich af now, he knows how to fool ppl to invest him
@BBD Design LOL China? what are laughing at actually?
BBD Design mate think before u type, u don’t even know what u are talking about
Lol CHINA!!... 💩💩💩
China is shit tho no joke
@@RizLazey True. Just extremely rich.
They should've hired Elizabeth Holmes from Theranos... She knows how to lie, cheat, tank a company and stay rich.
🤣RUDE
That girl have huge balls. I just read book about theranos. Criminal sure, but good pokerface.
How could this attract 200+ likes? She is facing 20 years in prison.
@@Baerchenization🤦🏼♂️ I was being sarcastic.
@@Baerchenization I know. This deserves more likes.
Most people think that startups have lots of money, but as a person who once worked in a startup company backed by a major group, I can assure you that their accounts are full of loans 😂
How your startup doing now? I hope better than them
It’s good to hear the opposite of a billionaire’s success story.
@Cicero Progontus No. Not all risk takers become billionaires. That's the point. People only make a big deal of success stories. It's nice to hear stories from the other side to get both perspectives.
@Cicero Progontus I also like getting upvotes on the original post.
@Cicero Progontus It's actually to show where you can succeed, you can also fail. A cautionary tale warning entrepreneurs to avoid making the same mistakes that he did.
Many success stories show grit and tenacity, but do not really go into what not to do. To succeed where others fail, do not make the same mistakes that they made, but instead learn from them, and this is a great story for that.
you sound like an enemy of progress would never have a friend like you....a failure mindset
@mr. wonderful I know I ain't looking for friends... but I ain't looking for no progress mindsets because that's how I know that's a failure at life....most people who are something or will be AVOID such people...and know they re the envious and jelpus types who enjoy to see other people fail because they are soul losers at heart. And most likely will amount to nothing....That mindset I exclaim is the sign of a loser
The moral of the story: "Don't get greedy" I mean this man just tried to outsmart 3 of the biggest companies in the world at the same time...
Elon is doing just that.
No one needs that amount of money...elon is a greedy bastard, people dying and only 10% of the people in the world have more money than the rest all together, is just disgusting
@@jjba3571 Well don't forget about Elon's goal which is the "Living on Mars" plan... He needs a lot more money to do that... Plus everyone wants money, it's only natural... and by making Tesla he opens a new horizon for the car industry and by doing so he reduces the amount of CO2 and other toxic things in the atmosphere...
@@itsalecsteica5243 the dude is not saving the planet, he is just making himself rich, why he has so many fanboys ?
I dont say he is the epithome of evil or greedynes, there are far worse billionaries than him, for sure, but he is not jesus. He is profiting in tbe desire of young and new generation of better alternatives, which is good tho, but again some people praise billionaraines like they were saints ... then again when he make his space suits who will wrote them ? The rich :)
@@jjba3571 instead of blaming Elon , take ownership and do something about those dying people.
You do something instead of expecting others.
How the man who challenged Tesla went bankrupt
Answer: he challenged Tesla.
straight to the point 👏👏👏
That and he was kinda Chinese in USA, and USA doesn't like non American competition, especially Chinese.
@@sokantnevesti603 are you stupid or dumb or should I say both . They failed to deliver after burning through billions. China is the biggest market for electric cars, if he delivered at least he will have huge success in the China market which is huge than any market in the world .
@@yurlim Agreed.
@Colossal Fun Yep
7:06 quite the awkward handshake 🤝
Why is no one talking about this? He cheated his small investors.
Oh, yeah... he did!
Did he? I didn't see anything in this video to say he cheated anyone. I didn't see anything saying the money was going to X/Y instead of where it should have, all I saw was a guy with experience in entrepreneurship failing in one of his ventures. I'm sure he tried, and have no evidence to say he cheated anyone.
@Mr.Toxic30 you left em quiet 😂 he aint said shit now
@Mr.Toxic30 with his past reputation, there's no way those small business owners couldn't take the bait.
@@fn326 True! Make sure you as an individual or a small business owner NEVER offers money to a business venture or individual if you're not able to lose it and not be hurt. DUH!
Elon Musk: *I'm inevitable* [smokes a bunch load of weed]
Wtf is a bunch load 🤣defo a kid
r t if you’re a grown man smoking weed you‘re worse than this kid
@@rchapo9615 what is defo 🤣 definitely a kid
@@matijabesednik5334 no defo is jus slang in the uk from when you was in your Pampers lol
Nick Gehr Joe Regan Show
Building a prototype is easy, but making it into mass production is a whole new level...
- elon musk
When you've never heard of any of the products named in the vid.
@@novideos9144 nope
@@novideos9144 only like 20,000 people knew about the car
Let this be a lesson:
Companies should plan things gradually and with clear ideas and roadmaps. Not just boasting stuff on short terms.
Like Kathleen Kennedy should have?
@@Cre8Lounge uh... yeah?
Where is the fun in that?
@@eggomanic practicality > fun
Like Tesla did ?