There’s no denying that Elon Musk has been one of the most influential and innovative figures in the tech industry today, revolutionizing everything from space exploration to electric cars to renewable energy through companies like SpaceX and Tesla.
However, not everyone has been content to let Musk have all the glory, and now, one of Musk’s biggest rivals has decided to reveal his next move. Ex-Tesla executive reveals plans to take Elon Musk’s company down as he starts his own electric car company called White Star Automotive Incorporated, which could take on Tesla’s Model S in 2019 with its newly developed car named ‘Genesis’.
Former Tesla Exec Shares His New Mission
XChange Leasing is a company founded by an ex-Tesla executive who recently quit after working with Tesla for nearly five years. XChange plans to specialize in battery leasing and act as a direct competitor to Tesla by using lower-cost, untapped battery supplies. The company’s founder told CNN that he had determined that it was impossible for any automaker or manufacturing plant to effectively lease their cars or batteries, which is why he decided to start his own business. Existing sources say that due to recent improvements in long-term leasing, XChange may be a feasible competitor—one that could actually take on Elon Musk and his growing empire.
Ex-Tesla executive, ex-Google employee, and founder of XChange Leasing Donald Sadoway believes that Tesla is currently a risky investment. Though he doesn’t want to say much about his former employer, he does believe that their strategy for growth is wrong and will eventually lead to bankruptcy. At least six sources interviewed by CNN have claimed that current battery lease programs available from U.S. automakers are generally only offered in California, which means there aren’t many around for comparison or evaluation. Sadoway claims there are other technologies on the horizon that could compete with Tesla in terms of reliability and performance but won’t cost as much money—such as solid-state batteries, ionic batteries and advanced lithium-ion technology.
Sadoway is convinced that Tesla has used up all of its growth opportunities, so he’s betting on a lot of momentum in his industry to help his new business succeed. He’s also looking forward to a well-deserved vacation after years of hard work—he spent 10 hours a day at Tesla and then returned home to spend another 10 hours working on XChange Leasing. He said that helping launch his new company felt like giving birth, but now that he has it up and running, he’s ready for something new and exciting. Sadoway shared that he wants to work on projects that make an actual difference in people’s lives, and XChange Leasing certainly does just that.
A Former Tesla Exec Opens Up About Why He Left
In a recent interview, an ex-Tesla employee reveals what it was like to work for Tesla CEO Elon Musk. He says that while Tesla is doing its best to compete with larger automakers, working under such a competitive culture was incredibly stressful and created many problems in his personal life. While his ideas about how to improve Tesla were well received by upper management, he believes that communication between departments has left some issues unresolved when it comes to product development. In order to understand why he left Tesla, you’ll need to read How Ex-Tesla Executives Are Taking Elon Musk’s Company Down.
Tesla is a great company with excellent products, but many of its ex-employees feel that it’s currently going through growing pains. While most workers are focused on turning Tesla into a more well-rounded car manufacturer, its leaders have been distracted by bigger ideas and other projects. Some ex-workers believe that because of all of these factors, it may be some time before they see any significant changes in Tesla’s product quality or production efficiency. To understand how ex-Tesla executives plan to take down their former employer, read How Ex-Tesla Executives Are Taking Elon Musk’s Company Down. However, not everyone feels that Tesla should do things differently.
Some of Tesla’s ex-employees have seen all they need to see in order to realize that they don’t want to work for Elon Musk again. Not only are their experiences with him and his management team both negative and frequently stressful, but they also feel like there are other companies better suited for their talents. In many cases, these ex-employees have found new jobs, so you can expect to see many of them working at competing companies in the future. If you’re interested in learning more about how ex-Tesla executives are taking down their former employer, click here.
Another Tesla Exec Leaves Elon Musk’s Company
Now, sources tell The Wall Street Journal that Michael Zanoni, Tesla’s vice president of global supply management, has left the company. A Tesla spokesperson declined to comment on whether or not he resigned or was fired; however, a source close to Mr Zanoni confirmed he departed of his own volition. Mr Zanoni joined Tesla in 2016 after working as an executive at Volkswagen Group for nearly five years and has been critical to Tesla’s efforts to ramp up production of its vehicles. However, a report from The Information last month said that other members of Mr Musk’s management team were frustrated with Mr Zanoni and believed his departure would be mutually beneficial for both parties.
This wouldn’t be Tesla’s first loss in its executive ranks. Tesla saw several high-level departures last year including Jon McNeill, its president of global sales and service; vice president of communications and public relations Ricardo Reyes; senior manager for energy products Kurt Kelty; and Autopilot program director Sterling Anderson. Tesla has experienced a number of other departures over the past two years, including chief accounting officer Eric Branderiz and head of human resources Gabrielle Toledano.
And Mr Musk himself was sued by his own brother, Kimbal Musk, who claimed he had been fired from Tesla after raising concerns about his brother’s management style. As Mr Zanoni departs Tesla, he will join a growing list of former executives at rival electric car company Faraday Future who have departed since Jia Yueting took control of that company earlier this year. The Chinese billionaire replaced four top executives within months and reorganized his management team to include only one American—Faraday Future’s CEO Nick Sampson—in an effort to boost productivity at the company. Mr.
This Former Tesla Exec Thinks He Can Outdo Elon Musk
Over a period of several months, several people left Tesla. Most of them did so quietly. But a few were more vocal about it, including former Vice President of Autopilot and user interface engineer Sterling Anderson. On October 12th, Anderson published an open letter in which he said that his decision to leave Tesla was difficult but that it was ultimately because he felt that there is something better out there than Tesla. The next day, we learned what it was: Rivian Automotive.
Anderson co-founded Rivian Automotive, a new company that just received $700 million in funding. This makes it one of Tesla’s biggest competitors. Unlike Tesla, however, Rivian Automotive seems to be very careful about how much information they release to investors and consumers alike. In fact, Rivian has yet to unveil any kind of vehicle and we don’t know what kind of technology it uses or even where its factory is located for that matter. That makes us wonder if we should take Anderson’s claims seriously at all. Given that Anderson announced his departure from Tesla by writing an open letter on LinkedIn, we find ourselves in a difficult position when trying to decide who is telling the truth here: Rivian or Anderson?
The story has been picked up by multiple news outlets around the world. Most of them simply report on Anderson’s statements as if they were facts, but at least one publication seems to have done some research of its own and reached a very different conclusion about Rivian Automotive. Wired magazine says that Anderson can’t find anyone who has met or heard of any current or former Rivian employees, other than those four he brought with him from Tesla. This suggests that Rivian is just an idea rather than a real company in practice…at least for now. But we may not have to wait long for answers as Anderson has promised more details are coming soon.
Meet The Man Taking On Tesla
Meet Franz von Holzhausen, a German engineer who spent 10 years at Tesla, helping to design its original model S and Model X. Now, he’s gearing up to release his first car of his own in 2019—the Vanda Dendrobium. With three wheels, a driver-side door, and no room for a backseat or trunk (though there is space for luggage behind the passenger seat), it may seem like an odd choice as an alternative to Tesla’s vehicles. However, Holzhausen believes that high-end electric cars are just one path to sustainable transportation: I have no doubt we will make progress on many fronts in electric powertrains.
But Holzhausen is not interested in replacing your gas guzzler with an electric vehicle. The German designer wants to do away with cars entirely and believes that self-driving technologies will make car ownership a thing of the past. It may be hard to imagine being able to live without a vehicle, but when you consider how many people take taxis everywhere they go or use Uber instead of taking out their own car—it’s easy to see how accessible transportation might become much easier. After all, we don’t need every single person on Earth to own their own personal car!
In fact, it’s likely that most people will use shared self-driving vehicles—like autonomous taxis and buses—in order to get around. And if you’re still nervous about riding in one, rest assured: Holzhausen has taken that into account when designing his vehicle. The Dendrobium offers a degree of privacy not often found in other shared transportation options: It features three rows of seats to ensure that drivers won’t be sharing their ride with strangers, even though there will no doubt be plenty of Dendrobiums on any given road or highway at any given time.
The Vanda Dendrobium maybe a flashy departure from Tesla’s Model S, but Holzhausen is keeping its true purpose a bit more under wraps. It doesn’t seem to be self-driving technology—at least not yet. However, there are plenty of nods toward efficiency in its design: For example, it features hubless electric motors so they can be packed closer together in order to make room for additional storage areas in any future models.
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