“However, in 2024, I do believe it’s well past time to Elon to step aside. The lack of focus on the core business is hurting the company’s long-term prospects, especially in China, where there is a huge amount of competition, and those companies are redesigning products every two years,” Abuelsamid said.
. . . Just don’t expect it to happen. “Unfortunately, Tesla has effectively no corporate governance from its board full of Musk cronies, and he will never acknowledge when he has made a mistake and will thus not step aside,” Abuelsamid said.
Sure he’s an asshole, always was, but his money got the electric car competition started and now there’s actually viable cars and a somewhat competitive market that could survive the loss of Tesla.
Tesla’s biggest move was that they were willing to actually compete with an EV. GM released one in the 90s and seriously go look into it. Everyone who bought it fucking loved the thing. But gm killed the project and destroyed the vehicles.
Tesla actually took sales away from ices. That forced them to actually sell evs
That last sentence stuck out to me too, a simple summary of all this mess. The other interesting part was at the end of the article, where they talk about the potential for the NHTSA requiring a recall fix for the “autopilot” feature that would be so expensive as to seriously damage the company:
The scenario there is if the government is really serious about Autopilot, and frankly, I don’t remember the last time NHTSA investigated the efficacy of a recall remedy… he knows that NHTSA is insisting on a hardware fix for Autopilot and FSD," Niedermeyer said, referencing the auto safety regulator’s unusual decision to apply extra scrutiny to Tesla’s 2-million-car safety recall, announced last week.
With 2 million affected cars on the road, any fix that requires hardware—adding back radar, perhaps, or infrared gaze-tracking driver monitoring, wouldn’t be cheap or quick to complete. “If NHTSA demands a level of remedy to problems that can’t simply be done affordably… then it’s a negative margin business with no way out. And that’s a problem you can’t just spend your way out of,” Niedermeyer said.
Right! Like he knows the jig is up so he’s pulling out all his capital now to let the memestock fanbois take the fall. God forbid anyone rich ever suffer consequences.
Death it is, then.
And it’s be okay with that honestly.
Sure he’s an asshole, always was, but his money got the electric car competition started and now there’s actually viable cars and a somewhat competitive market that could survive the loss of Tesla.
That’s like saying that Apple started the home computer competition going.
There’s a big difference between bucking trends and skipping steps for the sake of being different, and actually moving the industry forward.
Under a non-sociopathic leadership Tesla battery and engine tech would have been in most Western car brands by now.
Instead, let’s look at what Tesla has really brought us:
That’s the Tesla legacy that the car industry has inherited.
Tesla’s biggest move was that they were willing to actually compete with an EV. GM released one in the 90s and seriously go look into it. Everyone who bought it fucking loved the thing. But gm killed the project and destroyed the vehicles.
Tesla actually took sales away from ices. That forced them to actually sell evs
Preach
Death by a thousand cuts
Administered by anyone but Elon, of course.
Someone with deep pockets needs to buy the super charging network.
Rebrand and keep building.
I’m pretty sure there’s a path to wealth in that idea. I have neither the means nor the skill. But some does. Just not Musk.
Someone needs to eminent domain the super charging network and run it as a service or at worst a utility.
That last sentence stuck out to me too, a simple summary of all this mess. The other interesting part was at the end of the article, where they talk about the potential for the NHTSA requiring a recall fix for the “autopilot” feature that would be so expensive as to seriously damage the company:
Right! Like he knows the jig is up so he’s pulling out all his capital now to let the memestock fanbois take the fall. God forbid anyone rich ever suffer consequences.