Jesus when are stockholders going to realize what he's like at the helm and kick him out of CEO? This is the first thing I've heard about Musk doing anything with Tesla since Twitter happened. How do stockholders trust this man. Throwing away everything about him, this is an absent CEO who learned about one project that everyone was watching, he comes in, kicks down the door, and first response is to fire the whole team. To me, that says "this company is a shitshow"
There is one stockholder that has tried multiple times. The issue is the whole Tesla board are all his cronies, and a large portion of stockholders have bought into the cult of personality
I have no doubt he will get his blasted pay raise, but it went from being a "surefire bet" to a "bet" in the past few weeks. Collapses usually start slow and then they pick up speed
Ford and GM are probably regretting that switch to NACS...
Why? For one, Ford has scaled back it's EV transition in favor of hybrids now, and two, there's now a bunch of engineers looking for a job and charging sites up for grabs
Not to mention, it's a standard now, and the old Supercharger protocol is being phased out in favor of another standardized one (I forget which). Further development done on their chargers from here on out is going to be done by a consortium of companies rather than in-house anyway.
Last I heard Ford scaled back EV expansion because they overestimated adoption based on the sales of the Lightning, but they were still planning on an increase in production. Just not the 50% estimate they started with.
With this move Tesla effectively gave up on the $7.5 billion package from the us government to build new infrastructure. Since it was paid with private money, it doesn't require to be nationalized. It's also accessible to anyone, with prices that are reasonable
Also, I don't know how efficient is the government in the usa, but in my country the chargers built by the semi-nationalized electric company are almost always broken because they don't really care about profits, they have the unlimited government budget, so what's the issue if a charger breaks and gets fixed after 2 years, making zero revenue during that time?
There are rumors that this was an emotional decision from muskrat, and they will probably be offered their jobs back. Just rumors, but still would not be surprising
Who would take them? I mean, I guess you gotta get paid, but when someone demonstrated that they can just drop you with zero warning, trust is negative at that point.
Any H1B visa hostage can pick up someone else's work on xitter for slave hours, but for cars you need experience, talent and know how. If you fire a whole team to save $x, then you gotta pay $5x to rebuild that team when you eventually need it. (Tesla probably needs a team to develop new models, eventually. Same for the policy team, useful to launch the auto taxi when it exits from beta in 2045
0.69? Here they take 0.89 which is a nice 1000% markup over the electricity price. And the shame is that everyone copied the insane pricing, still blaming "sorry the war in Ukraine forces us to double the prices" even if they now came back to what they were in the beginning of 2021
It's the Hummer EV. It is...a lot. Honestly, if someone is going to buy a Hummer, I'd rather they buy the EV. But yeah, way too big and pretty inefficient
This is bad for us too, because cars were already being developed with NACS since CCS “lost the war” in the US. What kind of uptake will those cars have with a network that has completely stopped growing because manbaby decided to take his toys and go home?
The auto manufacturers will blame everything but the fact that most EVs are overpriced and overcomplicated to compensate for them being ultra-reliable and no longer in need of constant maintenance. This country already killed EVs once, don’t put it past capitalism to try a second time.
J1772 is great for home charging, but for charging on road trips you really need CCS or NACS. The good news is NACS is being adopted as an SAE standard (J3400)