In a series of posts on X Monday night, Musk said that he would not want to grow Tesla to become a leader in artificial intelligence and robotics without a compensation plan that would give him ownership of around 25% of the company’s stock. That would be about double the roughly 13% stake he currently owns.
Just casually asking for a roughly 80 Billion dollar pay raise. But at this point would Tesla be better off without him?
What brand do you suggest in the alternative?
Well considering telsa isn’t even the #1 ev any more? I guess anything else.
In the world, but not in most western nations.
Edit: why the downvotes? If I wanted to buy a car from the number one brand in my nation, I couldn’t right now. BYD isn’t selling cars in the US. Moreover, their presence in Europe is still small.
They downvote you because that’s a very western-centric vision.
Additionally, a car manufacturer in one of your western nations, Volkswagen, is also one of the top EV manufacturers.
And nearly every other manufacturer like Hyundai, BMW, Mercedes and Ford are now making EVs too. So it’s not like there’s a shortage of non-Tesla EVs in the western.
All I’m saying that #1 is relative with car brands.
In Europe and the Americas, the Model Y is still king. By you’re right, VW group is catching up.
Right now BYD is killing it because they’re affordable and a brand that centered in the world’s largest auto market. Outside of China, BYDs numbers are very very different.
What makes the Y “king”?
Sales numbers https://www.statista.com/statistics/972845/electric-vehicles-leading-models-europe/
In Australia BYDs sell like hotcakes
https://www.whichcar.com.au/news/vfacts-2023-best-selling-electric-cars-australia-dec
Exactly. As the article says the growth of BYD is the biggest challenge to all other manufacturers. They are selling like hotcakes
Yup, just going back to the root of this thread. As that article states, even in Australia, Telsa is still “comfortably deliver[ing] the most electric vehicles of any brand.”
I wouldn’t be shocked if that flips in the coming years. Telsa has a toxic CEO which is bad for marketing, and many people question their attention to detail. But, going back to my original point, Telsa is still the number 1 brand in western countries by a very large margin.
Not trying to be a Tesla fanboy - I’m in camp Volvo / Polestar. I’m just presenting the numbers. BYD is crushing it because of their domestic sales.
If BYD was available in the US (and i’m certain BYD is looking into how to get here, probably the same trick Renault tried with Saturn and ultimately Mitsubishi) they would probably saturate the market, because at the very least, they’re affordable. Nobody in Detroit or Wolfsburg will make a cheap EV because Tesla spooked the market into being a luxury thing.
Volvo’s EVs seem pretty nice
Also check out Volvos preformace/electric devision polestar.
IMHO, Polestars have a MUCH nicer cabin than Telsa. Also, Android Automotive with CarPlay.
The console is obnoxiously large though. I rented one and it felt like being back in a HMMWV.
Yeah, they should’ve taken a page out of the S60. That center console has some weird decisions.
I’ll still gladly take the Volvo / Polestar interior over Telsa’s cheap minimalist interior.
Just found out Volvo is owned by a Chinese investment group, not sure how I feel about supporting that either.
Is it even possible to ethically buy a car in this day and age?
There is no ethical consumption under capitalism.
what’s the difference between a Chinese investment group and a US investment group? They are both terrible. There’s no ethical mega corp, I’m afraid.
While your statement is accurate and I won’t necessarily argue it, I think it’s a bit simplistic in a nuanced world.
I felt the same way but ended up going with a volvo anyway because Chinese Investment or not, the company does at least try to make an effort to be more safe, ethical, and sustainable. Given the alternatives I made the decision that volvo was still the right car for me.
I would buy from a company that knows how to build cars already so the difference is mostly a new power train, not an entirely new product. That’s not to say Tesla, Lucid, or Rivian can’t build a good product, but there are more unknowns with them. As with any car, be careful buying the first model year.
Ford
The ZEV T3-5D Mini Suv
ZEV!
The Ford Mach-E is excellent. I have also heard great things about Kia/Hyundai, VW and Volvo EVs as well.
In 2016 I drove a Tesla Model S P85D and I was surprised at how crappy the interior was considering it was a six figure car. And I don’t mean minimalist, I mean poor quality.
Back then, Tesla was you only real option. Today, there’s a lot of great competition in the market.
VW and Volvo both make some pretty bad EV’s IME, they have a ton of software issues and the entire infotainment system is insanely slow and buggy, which is a big problem when thats the main interface to the car. The interior is also very low quality. But these are probably general issues for them though and not strictly their EVs.
I have a Hyundai Kona Electric and it is fantastic. My next car will be the next version on the Kona EV in a few years
BYD, NIO, JAC, FAW, BAIC,
Yes these are real names