About this episode
Tesla is laying off 14,000 people, their self-driving cars are hitting a wall—figurative and sometimes literal—and this week, Cybertrucks were recalled over faulty pedals. How did Tesla go from being one of the world’s most successful businesses to the business equivalent of a dumpster fire that’s lost hundreds of billions of dollars in valuation? Erin and Max break down how Elon Musk trapped his company in a cycle of increasingly elusive innovation. And how, despite all of this, Tesla has it remained dominant in an electric car market that is only growing. SOURCES Ludicrous - BenBella Books Taxpayer Subsidies Helped Tesla Motors, So Why Does Elon Musk Slam Them? – Mother Jones How Elon Musk Got Rich: The $230 Billion Myth | The Class Room ft. Second Thought Can Elon Musk Lead the Way to an Electric-Car Future? | The New Yorker Tesla under investigation in California over Autopilot safety issues and false advertising - The Verge Elon Musk's growing empire is fueled by $4.9 billion in government subsidies - Los Angeles Times Elon Musk’s Distraction Is Just One of Tesla’s Problems - The New York Times Tesla’s Value Dips Below $500 Billion in Blow to Stock Bulls - Bloomberg Tesla Is Running Out of Time to Deliver on Self-Driving Promises - WSJ Electric vehicles - IEA Schwarzenegger boosts electric car makers An Electric Car With Juice - The Washington Post First Tesla Model S deliveries set for June 22nd - The Verge When I First Saw Elon Musk for Who He Really Is Tesla IPO Shares Pop, Drop, And Rally. Market Values It At $1.7 Billion. | TechCrunch Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.