The Beatles in Hamburg and China’s EV Boom Share the Same Secret #beatles #byd #electricvehicle

I guess I would call it like vunderkind ism or something like that. Like they were kind of not quite child prodigies, but they definitely did the Malcolm Gladwell 10,000 hours thing. There's this idea that you have to put in 10,000 hours in order to become an expert at something. And they had that. They were in the cauldron. I mean, they were performing 12 hours a day. They were getting paid nothing, but they really tested their metal and formed their craft. And then they were so good from all that work and that zeal that by the time they exit the cavern, exit Hamburg, Germany, they take the world by storm because they had been in the sort of meer so long that they'd become like ultra fit to do great work. And I think there's so many examples of this where people have these sort of special communities or times in their life where they put in so much unbelievable amount of effort that they just move their craft to a level where the minute that they get exposed to the rest of world, it just takes over. Right? You can even weirdly think about what's happening now with the electric vehicle world coming out of China as being very similar. I was at Tesla back in the relatively early days and there was not a lot of competition for electric vehicles. Certainly the ones that existed were not cool. When I look at what's happening in China, you've got this unbelievable amount of competition between all of the different companies, whether it's BYD or NEO, and there's new ones coming up all the time. And they're coming more from like the manufacturing and contract manufacturing CM side of the world, which is really tight margins, really competitive. And so when they finally produce a consumer product, it's an amazing amount of car for the money. And if there's not protections put in place in Europe and the United States, if people are voting with their dollars, they'll just be buying these vehicles by storm. It's sort of a weird relationship to equate like the Beatles in Hamburg, Germany with the rise of Chinese electric vehicles.