Vox celebrity Frank Thelen arouses the minds of car fans with a sensational forecast. In some of them, it really provokes outrage.
- The investor and former Vox TV star Frank Thelen believes in the electric car manufacturer Tesla.
- In a Handelsblatt guest article, he now dared to make an extreme forecast.
- For this he gets strong headwinds in the net.
Frank Thelen ventures far out of the window: Tesla will make BMW and VW meaningless
Wolfsburg / Munich - The entrepreneur Frank Thelen (44) became known to a million audience as a juror and investor in the Vox show "The Lion's Den" . In the meantime, he has left the Vox program. In the meantime, he has become a sought-after expert and talk guest when discussing economic development in Germany - especially with regard to the start-up digital industry.
Now, as an expert in the Handelsblatt, he was able to make a forecast about the electric car manufacturer Tesla. Thelen used the steep template to make a very bold prediction: "My forecast is that Tesla will very soon double its market capitalization and VW and BMW will become meaningless."
Thelen bases his devastating forecast for the German auto industry on the fact that Tesla understood the importance of data, especially for autonomous driving. In addition, Tesla has built lean production routes.
Video: Tesla drives pioneering technology in an auto pilot
In an interview with the Business Insider back in 2016, he predicted that the German auto industry would not be able to keep up with Tesla if one did not invest consistently in new technologies. In the meantime she missed this chance. As a German, he sees black for the local auto industry and thus the entire business location. Thelen is known for criticizing German corporate culture as overslept and too comfortable.
Also read: Tesla on the stock exchange worth more than Volkswagen for the first time
Violent headwind for Tesla prediction: Thelen comments on Instagram
In the comment section of the Instagram page of the Handelsblatt, Thelen gets plenty of headwind for his provocative thesis. What is surprising: he reads along, also comments himself - and does not offer to be insulted online.
Check out this post on Instagram
Investor Frank Thelen believes the German auto industry will be left in a duel with Tesla. Bitkom President Achim Berg sees it differently: It is not a natural law that digitization leads traditional companies into the abyss. He refers to the global data platform "Here" of the German auto industry, "an intelligence currently unique in mobility issues". In addition, no Tesla can drive out of the factory hall without components from German suppliers, and Tesla's production figures are far behind the giant Volkswagen. , But Tesla understood how important data is in industry, especially for autonomous driving. In addition, the production of the electric car manufacturer is agile and lean, Frank Thelen writes in his guest article for the Handelsblatt, among other things. , Read more about Thelen and Berg's opinion on Tesla and the German auto industry in their comments. We linked them in our Instagram story. Under the hashtag #hbprocontra you can find the quote on the subject of Achim Berg. , Graphics & Post: @izintothewild. #handelsblatt #tesla #vw #audi #porsche # electromobility #frankthelen #achimberg @frank_thelen
A post shared by Handelsblatt (@handelsblatt) on Feb 13, 2020 at 9:40 am PST
A user rumbles: “Thelen has no idea about technology or the stock market. It is an actor who lives from lectures because of his image as an oh so hip and cool investor. Of course, this statement is absolute nonsense and nonsense, like everything about him. "Thelen replies with irony:" Thank you for your pertinent information. "
But there is also factual criticism of the Tesla forecast. "I think that Mr. Thelen misjudges enormously. VW is investing billions in digitalization and future drives. The future has not yet been decided. It should be easier for VW to produce cheap vehicles in large numbers in the long run than for Tesla, ”analyzes an Instagram user.
Another recommends Thelen a visit to Wolfsburg: “Mr. Thelen should make an appointment with the VW colleagues in research. Autonomous driving, digitization, electrification - all topics that have been going on in the Group for a long time. "
Video: Groundbreaking technology - this is how Tesla's Auto-Pilot works
Thelen also addresses some of these factual comments. For example, when a user asks what would happen if BMW and VW entered into a cooperation with Google for autonomous driving. Here the entrepreneur informs: “Google has no relevant data (except US Waymo). For clarification: Maps and self-driving have nothing to do with each other. "
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