Slate Money Is Tesla Even a Good Car Company?
Jun 15, 2024
Tesla shareholders support Musk's pay package, GameStop meme stock influencer returns, NY congestion pricing plan halted. Plus: Missouri restaurant bans 20-somethings. Tesla's challenges, advantages of electric cars, GameStop investing journey, NY congestion pricing pause, and political implications discussed.
AI Snips
Chapters
Transcript
Episode notes
Tesla Shareholders Back Musk's Pay
- Tesla shareholders overwhelmingly reapproved Elon Musk's massive pay package despite no clear incentives.
- This shows investors view Tesla more as an Elon-driven meme stock than a traditional car company.
Tesla Losing Its EV Lead
- Tesla is lagging in the EV market with newer models catching up or surpassing it.
- The Cybertruck, once hyped, is now widely mocked, illustrating Tesla's lost innovation edge.
Musk's Impact on Tesla Marketing
- Elon Musk's Twitter acquisition harms Tesla's car marketing but boosts its stock.
- EV sales, especially in political conservative states, suffer due to Musk's polarizing presence.