Feels like a pointless rant. Now retired, I have been laid off 3 times in my career and the UK mandated employer support I got was very important to me with a family to support and a mortgage to pay. Am I to compare that to not having a "Tesla"?
> the point of all of these models is to protect workers’ incomes against the capriciousness of capitalism [...]
> Europeans are unlikely to embrace the American model, but they might accept the Danish one
The point seems to rather be that European economy could have a better outlook if the labor market was more efficient. Not that safety nets should be cut.
IMO, which of revenue and vehicle count is most important depends on if you're a customer or an investor. If you're looking at market cap, you're clearly an investor.
I wouldn't be surprised if educational materials 20-30 years from now name certain financial arrangements a "Musk scheme". A CEO personally making more money from selling shares than the company makes from selling products is not a crime, but it is also not something that nations should seek to replicate.
> In October 2018, its new CEO Herbert Diess predicted that by 2020 the company would produce electric vehicles that ‘can do everything like Tesla and are half the price’. The vehicle to meet this ambition was the ID.3, so named as it would mark a symbolic ‘third era’ for the brand, after the Beetle and the Golf. Volkswagen threw $50 billion at its electric car line-up, making them some of the most costly cars in history, Unfortunately, it failed again.
For comparison, Cybertruck was announced in November 2019 for late 2021/2022 depending on model; actually began deliveries 1, 2, and 4 years later than announced depending on model; and was about 40-60% more expensive depending on model; and is infamously poor quality. Some news from the time of release, with juicy quotes that didn't age well given all the issues the vehicle had:
"Launching Cybertruck is important for the broader Tesla growth story over the coming years and also will prove to the doubters that Musk can successfully expand the Tesla halo effect as more consumers head down the [electric vehicle] path over the coming years," Dan Ives, an analyst with Wedbush Securities, said in a report.
It's crazy to read that lead-up, only for the sentence to culminate with the ID 3. It's one of the least appealing electric cars out there. At least the ID Buzz has appeal for reasons outside of its drive train, but everyone I know that is interested is holding off until the price stops dropping.