Global sales of electric vehicles, including fully electric and plug-in hybrid models, increased 21% in January from a year ago, even as Tesla’s sales declined.
I found this part the most interesting. I was under the impression that EVs in general were on a downturn, but it seems it is only Tesla. Time to remove Elon from Tesla.
It’s pretty weird to watch markets - S&P 500 is down more than 3% this week, while international index like VXUS has gone up nearly 1% this past week.
Seems like little d and fElon are doing a helluva job. I think this kind of thing is…rather unusual. VXUS did have a bad day today, but still not as bad as S&P.
I found this part the most interesting. I was under the impression that EVs in general were on a downturn, but it seems it is only Tesla. Time to remove Elon from Tesla.
I bought an EV in November and everyone in my red state loves to ask me questions about it. Some start in a condescending place but most are genuinely interested in them.
It’s a KIA EV9. Was the only one with a functional 3rd row that isn’t $80k+. I enjoy it so far.
It’s the initial redneck response in my experience. They assume it’s slow, complicated, and unreliable. They usually want to sneak in a “you know you still power that thing with coal” comment as well. Even if they don’t say it you can see it in their eyes. I will usually mention my solar panels and offer to race them in their truck 😎
A Delaware judge has again voided what would be the largest executive compensation package in history—a Tesla (TSLA) pay plan for CEO Elon Musk valued at $101.4 billion (as of Dec. 2, 2024), 33 times larger than the previous record (also held by Musk for a 2018 Tesla deal).123
The December 2024 ruling stands despite Tesla shareholders recently approving the package, which has almost doubled from its original $56 billion value because of the company’s soaring stock price.
I think that Tesla shareholders should have some serious questions as to whether Elon Musk is worth $100 billion a year to Tesla.
And keep in mind that he’s only doing Tesla things part-time:
Owner, CTO and executive chairman of X (formerly Twitter)
De facto leader of the Department of Government Efficiency temporary organization
I mean, I hear a lot of Musk about government employees not putting in their time. How many hours a week is Musk putting into Tesla? What is the return on investment for the money that Tesla is putting into Musk?
It looks like a Tesla gigafactory runs about $1 billion. So for Musk to be a worthwhile investment for Tesla, he’d have to be worth more than than building 100 gigafactories a year.
Instead of paying Musk last year, Tesla could have just given away every Tesla vehicle they produced in 2024 and all other products and services that they sold for free and come out ahead.
I think they’re on a downturn in the US with interest rates being so high and rebates evaporating away, but globally they’re doing well with all the shenanigans going on in China as well as Europe being more forward thinking.
Incentives evaporating, chargers not getting built, legacy manufacturers backing away from EVs on the promise of cheap gas, revoked efficiency requirements, and no regulation of carbon emissions. US never did get to the point of a healthy EV ecosystem, and now we step back to square one
I found this part the most interesting. I was under the impression that EVs in general were on a downturn, but it seems it is only Tesla. Time to remove Elon from Tesla.
It’s pretty weird to watch markets - S&P 500 is down more than 3% this week, while international index like VXUS has gone up nearly 1% this past week.
Seems like little d and fElon are doing a helluva job. I think this kind of thing is…rather unusual. VXUS did have a bad day today, but still not as bad as S&P.
The EV naysayers are likely to blame for that impression. EV growth rate has declined. EV sales are still growing, just at a slower rate that before.
I bought an EV in November and everyone in my red state loves to ask me questions about it. Some start in a condescending place but most are genuinely interested in them.
What model?
I wonder why that would be a starting position.
It’s a KIA EV9. Was the only one with a functional 3rd row that isn’t $80k+. I enjoy it so far.
It’s the initial redneck response in my experience. They assume it’s slow, complicated, and unreliable. They usually want to sneak in a “you know you still power that thing with coal” comment as well. Even if they don’t say it you can see it in their eyes. I will usually mention my solar panels and offer to race them in their truck 😎
https://www.investopedia.com/elon-musks-multi-billion-dollar-pay-package-8757243
I think that Tesla shareholders should have some serious questions as to whether Elon Musk is worth $100 billion a year to Tesla.
And keep in mind that he’s only doing Tesla things part-time:
https://en.wikipedia.org/wiki/Elon_Musk
I mean, I hear a lot of Musk about government employees not putting in their time. How many hours a week is Musk putting into Tesla? What is the return on investment for the money that Tesla is putting into Musk?
https://www.cnbc.com/2021/11/23/tesla-texas-gigafactory-will-cost-at-least-1point06-billion-filings.html
It looks like a Tesla gigafactory runs about $1 billion. So for Musk to be a worthwhile investment for Tesla, he’d have to be worth more than than building 100 gigafactories a year.
https://www.macrotrends.net/stocks/charts/TSLA/tesla/revenue
Instead of paying Musk last year, Tesla could have just given away every Tesla vehicle they produced in 2024 and all other products and services that they sold for free and come out ahead.
I think they’re on a downturn in the US with interest rates being so high and rebates evaporating away, but globally they’re doing well with all the shenanigans going on in China as well as Europe being more forward thinking.
Incentives evaporating, chargers not getting built, legacy manufacturers backing away from EVs on the promise of cheap gas, revoked efficiency requirements, and no regulation of carbon emissions. US never did get to the point of a healthy EV ecosystem, and now we step back to square one