The whole world turned UPSIDE DOWN because of the chip shortage, but TESLA LAUGHED OUT LOUD

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The whole world turned UPSIDE DOWN because of the chip shortage, but TESLA LAUGHED OUT LOUD
01:09 What are semiconductors?
02:03 So why a semiconductor shortage is a big deal?
02: 47 How dangerous is the lack of chips with cars?
03:31 Where does tesla sit among a semiconductor shortage?
05:32 How does tesla's big win look like in the chip shortage?
06:10 How is the world tackling the semiconductor shortage?
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The whole world turned UPSIDE DOWN because of the chip shortage, but TESLA LAUGHED OUT LOUD

As the world enters 2021 with cautious optimism, its global markets are still feeling many of the repercussions of the COVID-19 pandemic that have yet to be eradicated. Many people have pivoted toward remote work. This has increased smartphone and laptop demand, leading to shortages of essential components like semiconductors. A shortage of semiconductors has sent shockwaves through the global economy, squeezing supplies of everything from cars to headphones. If semiconductor manufacturers can’t catch up, it could spell more delays for several major automotive companies. Automakers have been especially impacted by the shortage, with companies like General Motors and Ford reducing or even halting the production of certain vehicles. Video game consoles are also being affected, with gamers struggling to get their hands on the new Microsoft Xbox Series X and Sony PlayStation 5 systems. Worldwide smartphone brand Apple had already noted that part shortages could impact its iPad and Mac businesses at its Q2 earnings to the tune of $3 billion to $4 billion. It was a similar story at Samsung, which also declined the sales compared to last quarter due to a combination of supply shortages.
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Simply put, the current state of semiconductor manufacturing is a case of supply and demand. In this particular situation, the global demand exceeds the available supply. This is not just an issue for automakers, unfortunately. Semiconductors and their unique atomic structure are universally present in all electronics including diodes, transistors, or circuit boards. This demand stems far past electric vehicles… or any vehicles for that matter. For automakers especially, semiconductor chips are responsible for the function of vital components in the vehicle. This means everything from safety sensors, to brake systems, to driver assistance technology. If those chips are not available to a company like Toyota, they cannot carry on with assembly and simply come back to it when a fresh shipment arrives. These semiconductors chips are at the electronic heart of each and every vehicle.
The whole world turned UPSIDE DOWN because of the chip shortage, but TESLA LAUGHED OUT LOUD
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