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?
The problem with Tesla is the problem Apple had for many years: Your CEO is the reason for the stock price. Apple had a plan for succession that saved them in the end, and they’ve never been better. Tesla has nothing. They are basically a carbon credit company run by a sycophant, and without Elon, they are nothing but a carbon credit company. If he departs, the stock price will crater/adjust.
Last time we had a CEO get fired because they were bad was the OpenAI fiasco and that proved that we no longer live in reality, because Sam was back in a week.
Sam was fired because the board stated he withheld information and misinformed them, not because he was a bad CEO
Yep, the company was doing crazy well financially.
Apple had a plan, but Apple also had the iPhone and the MacBook. Literally the best smartphones and laptops you can buy.
Tesla does have the best EVs and, in the US, charging network. I think saying “tesla has nothing” is a bit disingenuous. Outside of China, no company is even close to Tesla.
Tesla has the following:
Custom AI silicon designed by the designer of Apple’s M1 chip. It’s designed for training. They are about to scale it massively to create the Dojo supercomputer. They look to be on par with NVidia on performance/$. No small feat, and means they arent reliant on NVidia
They have custom inferrence chips used in all of their cars and their android robot. It gets fantastic performance per watt. My 5 year old car has first-gen inferrence chips and it’s still getting better with software… meaning it hasnt reached its potential. The latest chip design is probably much better, but I dont know much about it
They have possibly the best humanoid hands and arms that will work with this AI goodness.
Their walking and navigation is looking to be top notch… We’ll see
FSD really is incredible. I drive with it and it improves every year.
Tesla solar is still a thing. The model 3 kinda derailed development a while back and it never really recovered. I think competitors are doing well and Tesla sees better returns on their other projects. Tesla needs to bring down their Solar prices which they just dont seem to be doing. Im guessing they dont want to scale manufacturing yet.
They have some of the largest casting machines on the planet and press out the frames of their cars for far cheaper than their competition can stamp and weld theirs. Stellantis and Toyota are adopting this manufactiring strategy as fast as they can, but they are a year or maybe 2 behind. I suspect Ford, VW and GM are adopting this too.
Tesla factory floors are much more efficient at iterating and improving. Their in-house software for managing workers and workflow development are unique to Tesla. Just look at the efficient packaging of their HVAC system after dozens of iterations every year for a couple years. It’s by far the best HVAC in the car world.
They have developed a lithium clay extraction process that vastly reduces chemical waste and water usage. They’re still 5 or so years out from implementing this in even a small capacity and clay extraction isnt guaranteed to be superior to spodumene. I expect the efforts they’re putting to this will pay off in 15 years.
They own lithium clay rights in Nevada where some of the richest Lithium clay deposits are. I think theyre doing permitting for mining, which will probably take to the end of the decade. Mining’s crazy
They offer the best price for grid-scale batteries and are growing that business faster than their cars grew. Hawaii just replaced their last coal peaker plant with Tesla batteries. California and Australia are saving a lot of money with them. The batteries pay for themselves when used to replace peaker plants and stuff to maency.
They are a very quickly growing so-called virtual power plants and have been doing extremely well in a few test locationthis Texas, Australia and Puerto Rico. I think the UK too?
After funding and working with the inventor of the lithium battery’s team they’ve been getting first looks with new battery chemistry. The thick walls of their 4680 is designed with adding silicon in mind. I suspect theyre testing this out at Kato road production facility.
They’ve collected a bunch of battery manufacturing patents over the years and their dry-electrode process is providing very good economics. Getting them to scale has been excruciatingly slow, but they’re about to triple capacity this year in Texas and I think are starting development of another iteration of their 4680 battery production process at their Kato road facility right now.
They are on track for becoming a top-three battery manufacturer by the end of the decade.
GM and Ford’s battery packs are like 5 years behind tesla’s. Tesla packs more battery in less volume using less weight with better thermals and ridgidity. Their packs are a lot cheaper to produce too.
Tesla claims they have a ferro magnet motor in development. We’ll see. If so, watch out for very cheap electric cars with no rare-earths or cobalt
They just signed deals with BP and an another conglomerate to sell chargers for the other business’ charging infrastructure. More volume means cheaper manufacturing for their own charging stations too.
Battery prices keep falling. Gas cars are going to have to compete with cheaper electric by the end of the decade. Tesla isnt cpeting with other electric car makers so much as it’s competing with fossil fuels
Elon has contributed to these only in a “we’re gonna fund these wild ideas!” Way. Like Edison. He’s smart and avoided bad projects and embraced fast failing to great success… Things are maturing and I dont think there’s much value to get from Elon…
Tesla will be fine without Elon. I’d argue better.
The only fear of Elon leaving would be big oil investors buying control and derailing things… I dont think that’ll happen though. I think enough investors are in it specifically to eliminate fossil fuel dependency.
The fear of Elon staying is he drags Tesla into his edgelord bullshit and uses it to dick over the world as hard as he and some dictator/billionaire friends can… Which seems more likely
After he derailed the CA bullet train with his hyperloop hyperbole and joked on twitter abould the Bolivian coup, I dont trust his ass one bit.