this post was submitted on 11 Jun 2024
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Tesla

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Chris Ailman, chief of one of the largest pension funds in the US, says he will vote against package

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[–] SonyJunkie 6 points 6 months ago

I agree, at this point he's holding Tesla back.

Their range of cars has become stale and outdated. His vanity project, the Cybertruck, is a disaster, the Model S and X aren't selling and the Y isn't getting a refresh anytime soon. Tesla can't continue on just the Model 3 sales. They need to compete with the established manufacturers who are now getting their act together when it comes to EVs and also acknowledge that the Chinese EVs are viable alternatives.

Tesla need a small SUV and small compact, it's what people want.