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Following the shooting at the rally on July 13, 2024, Elon Musk endorsed Trump and announced Musk would become potentially the largest donor to the Trump political cause.
Speculation on why ranges from the shooting event motivated Musk to support Trump, to that Musk saw the shooting event as making a Trump victory inevitable and providing support is Musk’s first step in managing an outcome he now sees as either inevitable, an opportunity, or both. All theories so far highlight problems with democracy in the US, and miss the reality that Elon Musk is now focused on agenda for a post-car future and craves having influence.
While Tesla becoming the world leader in self-driving cars is still part of the dream, the US$30-trillion-dollar future is based on being the “Apple” of humanoid robots which will cost 10x what an iPhone does in the future be just as prevalent.
Sadly, the dream no longer seems to contemplate being the global leader in EV sales, but does that matter? Surely if Elon can turn this dream into reality, he is worth that huge multi-billion dollar pay packet shareholders just voted to support.
Problem is, everything has a limit, and even if Tesla overcomes all the risks to the plan, it still doesn’t add up. Consider, how will everyone buy robots from Tesla if the robots take all their jobs?
In April 2024, following a disappointing below expectations Q1 sales result, Tesla began layoffs to up to 20% of its workforce, announced a focus on “Robotaxi” in priority over a new more mass-market entry-level model sometimes referred by the press as the “model 2”, and saw the departure of many Tesla senior personnel who had previously shared the stage with Musk at media events.
Can the EV world really afford see this move positioning the company key to having brought EVs this far as a “not a car company“. What is happening? Are the layoffs etc. just Elon Musk having a dummy spit, a period of turmoil, or does the shadow of Twitter mean the dream of Tesla becoming a leading carmaker over?
Is Tesla or BYD the world’s leading EV maker? They both are!
While who leads depends on over what period and how you count EVs, together they dominate world EV sales, and their combined position is strengthening. So, no undisputed world number 1 EV brand, even at year end 2023.
These two are the current EV market leaders, and as EVs gain market share, these two are on trajectories to become no #1 and no #2 car carmakers worldwide when EVs take over, if no legacy brand passes them. But will either of them ever reach true #1 before the chasing pack catches them?
This page reports and tracks progress.
In April 2024, following a disappointing below expectations Q1 sales result, Tesla began layoffs to up to 20% of its workforce, announced a focus on "Robotaxi" in priority over a new more mass-market entry-level model sometimes referred by the press as the "model 2", and saw the departure of many Tesla senior personnel who had previously shared the stage with Musk at media events.
Can the EV world really afford see this move positioning the company key to having brought EVs this far as a "not a car company". What is happening? Are the layoffs etc. just Elon Musk having a dummy spit, a period of turmoil, or does the shadow of Twitter mean the dream of Tesla becoming a leading carmaker over?
