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The American consumer is a fucking idiot, this has a high chance of success as people forget about Elon and go back to buying them.
I mean, in fairness, do we have any qualms with the rest of the company? Elon was directly responsible for pretty much all of the cyber truck decisions. But the regular Tesla's, aside from Elon prohibiting lidar and making false claims about self driving, are pretty decent. Without him, lidar might get implemented, the cyber truck will probably be scrapped, and real engineers will have their voices heard again.
Isn't that kind of what we want from a company? To realize their errors and remove the cancerous parts?
Let's say they can him. Let's say he is somehow compelled to sell off stock until he's a minitority shareholder. His ego would not let that go. To say he's still filthy fucking rich would do a disservice to filth. You can't separate him from this mess. He'd just come back.
If he just disappeared tomorrow, no chance of repurchasing it, just maybe but we need to see:
He will still have a shitload of shares. I don't need to get into the nitty-gritty detail of whether I hate the company or its products; his stock in it is what allowed him to buy the election for Trump, so fuck Tesla.
But did Tesla facilitate that or was Tesla worn like a puppet by an investor(Elon). There's a distinct difference and what I'm asking. Do we blame every company that gets gutted by Venture Capitalists? Do they have no path to redemption?
The BOD was quite insistent on giving Musk a $56 billion bonus.
Its shareholders sure did.
https://www.cbsnews.com/amp/news/elon-musk-pay-package-vote-cbs-news-explains/
It's bizarre that you're even entertaining this as an idea.
Unless Musk loses all of his shares, not sold, and not only some, all of them - Tesla is complicit in providing power to Elon Musk.
No they do not have a path to redemption as long as it is literally the reason he was able to buy (and manipulate for his own gains) Twitter.
Why do you want a redemption arc for this overvalued company so bad? You holding a bag?
not OP, I wouldn't mind a redemption arc, they were pretty f'ing cool before he got there.
Everything that was on the market before tesla was a facimilie of a thousand other cars before it. They did something (for better or worse) different. Learning what not to do has power in itself.
After they took the leap, all of a sudden a lot of other companies started throwing out prototypes. I don't think the Volt I drive today would have happened if they didn't go there first.
Of course things got a lot worse as Elon butted in further and they started pushing QC out and cybertruck BS in.
I think they're likely irredeemable, but I'd like to see another company follow in their footsteps and keep pushing the tech further, not in a garbage dumpster direction, but in a simpler and more effective direction.
Dude, every one of their generic sedan looking business fleet cars look so bleh that they make a mid-90s Dodge Neon look like mind-blowing body design.
The only thing they've produced in the last ten years that's even markedly different from the competition is the cybertruck, and that's only different in a bad way.
The "innovations" they brought to market are almost all shit I would never need nor want save the EV part of it. I cannot imagine ever wanting to drive a thing in which much of the control and all of the gauges are on a permanently mounted, great value iPad.
They are saying the resale value on these things is going through the floor, and honestly that's good because that's what they are worth.
Not talking about the body shape I could give a s*** less about that, matter of fact as places bring out different body shapes it kind of irrationally pisses me off. I'm talking about the design of the suspension and what they did with 360 camera coverage, how they handled the dual motors, The headlight emitters are actually multiple LED arrays and they can spell out shit in the headlights if they want to. All that crap was new and different. The only thing They really introduced that everyone else followed on and I hate is putting every blessed thing on a touch screen in the middle of the car.
I didn't know the headlight thing was one of their innovations. Yet another thing I can blame them for because driving in front of one of them at night is like a mild form of torture.
I honestly don't want innovation at all in my car personally. If Honda could make another edition of the electric Fit I would buy it immediately and drive it until it collapsed into dust.
Chevy's Bolt isn't too over the top
If you really want to get back to basics, this looks promising
https://www.theverge.com/electric-cars/655527/slate-electric-truck-price-paint-radio-bezos
Yeah I have a hang-up on Chevy because I owned two Cavaliers and they were terrible.
I have thought about it though, the Chevy Bolts look pretty similar to a Fit.
I'm was also considering going with one of the Hyundais if Honda can't get their act together.
I also don't think I want a truck.
Yeah I had a cavalier in the '90s Best I can say about it is it "usually" worked. They were off a little cars built to a price.
One of my neighbors has a Hyundai Ionic and loves it to death.
I can handle getting a truck but I've got too much family to shove into a 2 and 1/2 seater. I am however excited for the complete lack of tracking my ass and price point. If that company can build a 1992 Ford ranger equivalent for $20,000, They can build a shitty cavalier for $20,000 and we can start having competitive electric car pricing.
They're overvalued in the triple multiples compared to other American car companies because they're a meme stock and halfway ran on government subsidies we paid for rather than putting it into education or social causes.
A step in the right direction isn't good enough when there's miles to tread.
So all or nothing? Then you'll get nothing.
Good, fuck em. There's no negotiation here. I don't care if the entire company goes under. What great service is Tesla providing? Not enough mobile beta-testers riding bombs down the rosd? They do nothing for the people supporting them.
I guess a new company will have to rise up so entitled Californians can be tricked by marketing into thinking they're saving the planet when the batteries were mined by gas-powered machines using the same poor brown folk they feel sorry for on Bluesky.
Cry a river.
At this point, it would be tempting to have all their employees quit and start their own EV company, or join another one. It's not like the people vanish when a company folds.
No one's going to fund a new company though. The old car companies have finally moved to EVs and will quash newcomers. Funders know this.
Telo is getting funded.
Aptera is doing another round of funding (for like the 7th time)
Slate immediately got funded by Bezos.
I think the market is pretty clear. People want cheaper, smaller, and more "every day" EVs, rather than the insanity 1.2 second 0-60 dystopian-proof luxury crossovers/trucks.
The first company to make that happen in their niche is going to make bank.
Telo started 3 years ago, probably pitching for VC a year or 2 longer. Things have changed a lot in the last 4 to 5 years.
Aptera was founded 2019, originally 2006. And a trike? Not gonna be mass market.
Slate also started 3 years ago. When the visions of getting rich off EVs was still dancing in everyone's head (not that bezos cares about that).
The business has moved. Smart money would not start a car company today without a competitive advantage like battery tech.