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What’s happening at Tesla? Here’s what experts think. (arstechnica.com)

submitted 6 months ago by jorge@feddit.cl to c/technology@lemmy.world

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[–] homesweethomeMrL@lemmy.world 149 points 6 months ago (16 children)

"However, in 2024, I do believe it’s well past time to Elon to step aside. The lack of focus on the core business is hurting the company’s long-term prospects, especially in China, where there is a huge amount of competition, and those companies are redesigning products every two years," Abuelsamid said.

. . . Just don't expect it to happen. "Unfortunately, Tesla has effectively no corporate governance from its board full of Musk cronies, and he will never acknowledge when he has made a mistake and will thus not step aside," Abuelsamid said.

Death it is, then.

[–] inclementimmigrant@lemmy.world 17 points 6 months ago (7 children)

And it's be okay with that honestly.

Sure he's an asshole, always was, but his money got the electric car competition started and now there's actually viable cars and a somewhat competitive market that could survive the loss of Tesla.

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