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He settled. Will step down from his position as chairman of the board and pay $20 million.
https://www.carscoops.com/2018/09/e...ll-resign-tesla-chairman-pay-40-million-fine/
Again, he needs to sell Tesla to the highest bidder and just concentrate on stuff he's really good at, like building rockets.
Is this going to be the end of Tesla?
Yes, but I doubt the rest of the board of directors is going to suddenly decide to go against his wishes, since they were more than likely handpicked by Musk to support the direction he wants to take the company in.He remains as CEO, but obviously that's a somewhat neutered position.
Yes, but I doubt the rest of the board of directors is going to suddenly decide to go against his wishes, since they were more than likely handpicked by Musk to support the direction he wants to take the company in.
If the SEC had any real weight behind it, then he would have been removed from the company entirely. Instead, they basically just smacked Elon with a rolled-up newspaper and told him to go sit on the naughty step for a bit.
Yeah, the fact that there's that flat spot that looks like a grille should be there always looked kinda unsettling to me. Kinda like those pictures of people's faces where their nose is Photoshopped out.All that work and they still haven’t fixed the front fascia. The Model S and X look proper with their faux grilles. The Model 3 looks completely barren and uninspired between the headlights.
Yeah, the fact that there's that flat spot that looks like a grille should be there always looked kinda unsettling to me. Kinda like those pictures of people's faces where their nose is Photoshopped out.
It's a shame that Tesla is pretty much the only company making such a thing. Imagine if BMW put more weight behind a fully EV 3-series or Merc a C-class. You have to imagine that at least part of the Model 3's popularity (and Tesla's in general) isn't just the Tesla cult effect but that there is a market out there for EVs of a particular level of ability but so few companies are actually making them.I gotta say, the Model 3 performance version is just... it's making everything else look silly, outdated, and backward.
I think range and price are still as important (possibly more) than headline performance numbers right now, and nobody is really doing that quite right at the moment either.
The Semi is going to do the same thing to the trucking industry. I can't wait to see it on the roads.I gotta say, the Model 3 performance version is just... it's making everything else look silly, outdated, and backward. It's absurdly fast, and the model 3's handling is proving to be quite impressive for setting lap times. And the maintenance... no engine oil, no spark plugs, no radiator, no transmission fluid, no fuel filter. I'm guessing there's no engine air filter, no MAF to clean, no intake hoses to crack. Does it even have belts? Tensioners? Even brake pads seem to be few and far between.
True.Not so much for a car that can do 0-60 in 3.x seconds. For that kind of performance, and the everyday livability, it's priced pretty aggressively. Why would you buy a corvette (and never drive it 300 miles) for example?
I don't doubt the 3 is better (it's lighter, which is a good start) but I want to know if it's something you could legitimately enjoy as an enthusiast.
The Roadster was the company's first car and built at a time when Tesla was relatively unknown. By those standards I think it did fairly well, and I'm sure it would if it tried again - though the next Roadster, whenever it appears, seems like it's much closer to "supercar" than "lightweight sports car".Tesla tried with the Elise looking one. I guess there weren't many takers. Probably for the reasons of range, no engine noise, etc. Looked like a fun car. I guess when their sales numbers go up, a sports car could be on the cards. Just seems like they're selling the "Why do you need a sports car, when you can out accelerate one?".
but I can understand why it's easier to just bung a battery in a massive saloon and aim for 0-60 times.
I'm not sure that's the case. Tesla isn't fundamentally breaking any new ground on what a car actually is.I think that's a little unfair to what Tesla is doing. Even if it was directed at the model S. Tesla is reimagining cars in a big way, interior, exterior, drivetrain, etc.
I'm not sure that's the case. Tesla isn't fundamentally breaking any new ground on what a car actually is.
The interior is probably the biggest step forward (though how much of a step depends on your views on driver distraction). But the drivetrain really is fairly conventional. They aren't using torque vectoring to really maximise the benefits of electric motors (like Rimac, for example), and the long range is pretty much a case of using large batteries (alongside gradually improving cell technology), a benefit of making large cars.
In terms of electrical efficiency, Teslas come fairly far down the list - in EPA testing a Model 3 (Tesla's most efficient car) is behind an e-Golf, BMW i8, Chevy Bolt, Hyundai Ioniq and a few others, an unavoidable symptom of sacrificing efficiency for size and performance.
And they're about the most conservative company out there for exterior styling - reasonably attractive, sure, but there's nothing about large two-box sedans that reimagines cars in a big way... if anything making the Model 3 a conventional sedan with a trunk is a backward step given the practicality benefits a liftback would have had (and which its styling implies it is).
Don't get me wrong, Tesla is making some very good cars, but they're doing that less by defying convention and more by keeping things fairly simple. From a business perspective, that strategy is fairly wise, given how young the company is.
They're certainly doing more with software, and using customers as beta-testers for autonomous tech etc is clever (if morally dubious in some cases), but at a very basic level... they are kinda just making large saloons with headline-grabbing acceleration figures. The best thing Tesla has offered the automotive world so far is to show it's possible to make a desirable EV - and I think it did take a company like Tesla to shake the industry (and customers) out of its complacency on that.
A V6 Camry is quick
I suppose it depends whether you interpret "reimagining" as meaning "positive progress". Minimalism could be construed as "featureless". Requiring touchscreen inputs for everything is certainly unique but possibly technology for technology's sake (it's bad enough using touchscreens with relatively minimal features, let alone using them to change your wipers). Retracting door handles are only (relatively) new to production cars; they've been on concepts for decades. The "weird glass roof" is just a... glass roof with a UV coating. "Bioweapon defense mode" is a clever name for a particle filter, which cars have had for decades. Easter eggs are a perfect example of Musk being wonderful at smoke and mirrors - making your car flap its doors and play a tune for Christmas makes good Youtube videos but moves the automobile industry on precisely nought.The minimalist interior, the software controls for everything including the glove box release, the door handles, the cell phone entry, autonomous driving, crash detection, the weird air conditioning vents, major OTA software changes, their weird glass roofs, easter eggs, bioweapon defense mode, the EV-that-looks-like-a-regular-car-without-an-open-grille-look, ludicrous mode, OTA extended range for disaster areas. And their electric motors are not designed to be efficient or conservative, it's designed to provide real performance, which is exactly what is great about the company.
Making EVs fast has undoubtedly done huge things for the image of EVs.They were the company that stopped seeing EVs as a one-trick pony and envisioned a car that could truly eclipse the ICE.
What's great about Tesla was that they took the stupid-looking slow EVs of the time and the nice looking faster german cars of the time and blended them and added powerful software. That's a real contribution.