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?
In the world, but not in most western nations.
Edit: why the downvotes? If I wanted to buy a car from the number one brand in my nation, I couldn’t right now. BYD isn’t selling cars in the US. Moreover, their presence in Europe is still small.
They downvote you because that’s a very western-centric vision.
Additionally, a car manufacturer in one of your western nations, Volkswagen, is also one of the top EV manufacturers.
And nearly every other manufacturer like Hyundai, BMW, Mercedes and Ford are now making EVs too. So it’s not like there’s a shortage of non-Tesla EVs in the western.
All I’m saying that #1 is relative with car brands.
In Europe and the Americas, the Model Y is still king. By you’re right, VW group is catching up.
Right now BYD is killing it because they’re affordable and a brand that centered in the world’s largest auto market. Outside of China, BYDs numbers are very very different.
What makes the Y “king”?
Sales numbers https://www.statista.com/statistics/972845/electric-vehicles-leading-models-europe/