During their most recent earnings call, there was a very interesting back and forth between Elon, JB Straubel, and a stock analyst. The stock analyst pressed them to distinguish their proposed vision of a fully integrated factory from the industry leading Toyota Production System (TPS). You got the distinct impression that Elon and JB didn't even know what TPS was. Very eye-opening that the CEO and CTO of an automotive company lack basic industry knowledge.

I appreciate the value of thinking things through from first principles, but there comes a time when you have to stand on the shoulders of giants and save a few billion dollars of wasted cap-ex...