Elon Musk may have to sell billions in Tesla stock to rescue X
Elon Musk may have to sell billions in Tesla stock to rescue X
Plunging U.S. revenue at X risks opening up a "massive hole" on its balance sheet that Musk needs to plug to stave off its financial collapse.
Musk’s repeated outbursts against advertisers have dried up the main source of revenue for the loss-making company formerly known as Twitter. A recent decision to sue them for heeding his own advice to not buy ads on the platform hasn’t helped. At some point, he will have to provide a fresh infusion of cash to salvage his $44 billion takeover.
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Stop buying Teslas! Many other great or better EV choices out there.
Are there? Last I'd heard other options either didn't have infrastructure to charge vehicles on long trips and / or took too long to charge.
I really haven't looked into this so please just take this as a genuine question, and if you do have suggestions on other EVs I'd be curious what they are even though I'm not really in the market for one right now.
I've no complaints about the 2020 Ioniq. Road trips we've taken have all had more than adequate chargers, but contextually this is Vancouver Island/Lower Mainland/Gulf islands and they government definitely had a hard-on to put in as much as they could a few years ago, so finally ownership density is starting to catch up a tad now, but new chargers seem to appear all the time.
Nothing beats just being able to charge at home though.
Last I'd heard other options either didn't have infrastructure to charge vehicles on long trips
Literally isn't an issue going forward. Other EVs can use Tesla chargers.
"Going forward" is actually "not quite yet" for most non-Te sla manufacturers, unfortunately.
You can still use Tesla superchargers with other cars, you just need an adapter.
Most major brands are going use the Tesla plug from 2025 onward in North America.
A lot of the stations have the MagicDock adapters now too, so you don't even need to bring one.
We have been waiting for our free MachE adapter now for ...checks email... 5 months. Apparently we'll have it by September 2024.
I knew they did a trial run of it somewhere in like Norway or Scandinavia or something but didn't know it went anywhere. Good to know that there are better options
Rivians seem to be (a) popular, and (b) getting much better reviews than the Cybertruck. So if you're truck hunting, that's a good option.
Didn't the industry recently standardize on the Tesla connector, though? Wouldn't that mean you could charge at any Tesla station?
- https://www.plugshare.com/
- https://www.electrifyamerica.com/
- https://afdc.energy.gov/fuels/electricity-locations#/find/nearest
These aren't Tesla specific.
Didn’t the industry recently standardize on the Tesla connector
Most of the industry announced that they will standardize on NACS. I believe they expect to actually do it over 2025-2026. That’s not far off but it’s not now.
I just got back from a 1,200 mile road trip and the Tesla Superchargers were plentiful, fast, easy. The first was at a mall, where the car was done charging by the time we found the food court.
I suppose I can’t really comment on other brands, except the one time I tried, I didn’t have the right adapter.
Rivians seem like great technology and styling, however they’re on their first pair of high end vehicles. They’ve announced more reasonably priced models that could be built in higher quantity but they’re not selling them yet. I suppose that does compare with Tesla only selling “Foundation Series” trim level but the difference is those are intended to have a lower cost trim
Not many, unfortunately. Hopefully there will be.