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?
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.
I have a Kona Electric but I think my next car will be either a Polestar 2 if I can afford it or an EX30. Volvo/Polestar are doing things extremely well