How Elon Musk reportedly staked Tesla's future on robotaxis against the advice of his own senior management team [Fortune]
Tesla, Inc. (TSLA)
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Source: Fortune
CyberCab, despite an internal report warning the latter's sales could be so low it might not ever make money. “Ultimately I think Elon is just uninterested in making a [Volkswagen] Golf-type car,” a source told the publication. Elon Musk is known for being among the most demanding CEOs in the world, someone who aspires to nothing less than altering the course of history whether in business or politics. So when executives in his Tesla leadership team lobbied to fill a much needed gap in its product range, he was anything but impressed, according to a new report in The Information . Greenlighting a compact EV that could sell for $25,000 was the obvious and predictable move any CEO of a car company would choose, unworthy of a technological disruptor like Tesla. Musk reportedly ignored their collective counsel in favor of his preference to develop, for the same price, a fully automated robotaxi . While that has been widely speculated, the publication learned Musk had been explicitly
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