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?

  • GiveMemes@jlai.lu
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    9 months ago

    He created a massive failure with a cult following? Because that’s what the PT cruiser was. The difference with the cybertruck being that it won’t sell to rental companies on account of the price.

    “It was a novelty car, and like all novelty items the enthusiasm faded,” says Keenan Mayo, associate editor at Bloomberg Businessweek, who wrote an obituary of sorts for the Cruiser. “The only people who were really buying it for much of the last decade were the rental car companies because it was cheap.”

    https://www.marketplace.org/2013/03/04/goodbye-pt-cruiser-will-anyone-miss-it/

    • commandar@lemmy.world
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      9 months ago

      The PT Cruiser was more or less a Dodge Neon with a funny looking body shell on top, meaning engineering cost to bring it to market was pretty minimal.

      The Cybertruck is… pretty much the opposite of that. Tesla has spent literally years trying to get the thing to market meaning it’s failure will be far more painful than PT Cruiser sales tapering off was for Chrysler.