Elon Musk talks innovation in company of Lenovo CEO (4.21.14)

Elon Musk and Lenovo CEO, Yang Yuanqing, talk about innovation in traditional industries at the Geek Park 2014 Singularity Innovator Summit in Beijing. Elon talks in length about the advantages of Tesla selling direct versus the dealer channel adopted by the rest of the auto industry,

To see where Elon speaks, check the timestamps in the description below. The interviewer and the other guest speak in Chinese, sometimes for a while…

02:15. Definition of innovation
03:20. Next Tesla software update
04:30. Model S delivery delays
07:54. Selling direct vs. car dealers
15:37. Costs transparency – and selling direct
22:57. No advertising
27:02. Tesla challenges
31:40. Quest for perfection
41:50. Elon wants a good video-game laptop
43:22. Being on the front line
46:42. Tesla without Elon
51:52. Love for engineering
53:24. Importance of word-of-mouth
56:42. Importance of the Internet
57:54. Key learnings from Tesla and SpaceX

Date: April 21, 2014
Elon was 42 years old