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Daimler CEO steps down weeks after unveiling Mercedes-Benz’s first Tesla Model X competitor
Just weeks after taking the wraps off the Mercedes-Benz EQC, the German automaker’s first all-electric vehicle that’s expected to compete in the same segment as the Tesla Model X, Daimler has confirmed that CEO Dieter Zetsche would be stepping down from his post. Zetsche, who has been with Daimler for 42 years, will return to the company and chair the supervisory board in 2021.
The Daimler CEO will be succeeded by Ola Källenius, a 49-year-old Swede who also has a long tenure in the legacy automaker. Prior to becoming CEO, Källenius served as the company’s head of R&D. He is expected to take over as CEO and head of Mercedes-Benz this May 2019, provided that his appointment is approved by shareholders. Zetsche, for his part, was originally signed on until December 2019, but he has opted to depart earlier amidst the company’s preparations for “fundamental changes taking place in the automotive industry.”
Daimler’s appointment of Källenius is considered as part of the company’s push to appoint a younger set of leaders that can effectively carry the company forward in a changing automotive landscape. Among these changes is the emerging wave of electrification, which is pushed by upstart electric car companies like Tesla and embraced by veteran carmakers like Porsche, which recently announced the cancellation of its diesel-powered line.
In this light, selecting Ola Källenius to succeed Dieter Zetsche seems to be the right direction for Daimler. Källenius, after all, is noted for being one of the company’s executives who pushed for the development of 10 electric vehicles that are planned for release. The Mercedes-Benz EQC, unveiled earlier this month, is the first of these vehicles.
The younger executive’s background is unlike Daimler’s other CEOs,’ considering that Källenius’ experience is not on engineering, but on finance. His experience is vast nonetheless, with stints in both McLaren Automotive and AMG, Mercedes-Benz’s performance-oriented sub-brand that grew and evolved under Dieter Zetsche’s leadership.
Daimler’s first foray into electric vehicles, the Mercedes-Benz EQC, is a premium SUV that would compete directly with vehicles like the Tesla Model X. In the EQC’s unveiling, Daimler CEO Dieter Zetsche announced that the vehicle kicks off the company’s $12 billion push towards the development of electric vehicles under the EQ brand. Zetsche also noted that Daimler would be investing another $1.2 billion in global battery production to support the growth of the company’s electrified offerings.
The Mercedes-Benz EQC features several compelling features that make it a contender in the premium electric SUV segment. It is equipped with dual electric drivetrains at each axle, which generate a combined 402 hp and 562 lb-ft of torque. Thanks to its electric motors, the EQC can sprint from 0-60 mph in 4.9 seconds and hit a top speed of 112 mph. The SUV is also equipped with an 80 kWh battery, which is expected to give the vehicle a range of over 200 miles per charge.
That said, Mercedes-Benz noted in a later update that it would adopt a gradual rollout for the EQC, to ensure that warranty costs for the vehicle don’t spike when customers start taking deliveries. Mercedes-Benz head of production and supply chain management Markus Schaefer described the company’s rationale in a statement.
“We want to be sure we deliver Mercedes quality from day one in all aspects, and we have to watch the warranty side for customers as well. We don’t want customers ending up at the mechanic later. Slowing down the ramp-up is a tool to make sure we do it right, to address all the unknowns that an electric car brings,” he said.

News
Tesla launching in Saudi Arabia

Tesla is officially launching in Saudi Arabia. The electric vehicle manufacturer is arriving in Saudi Arabia with a launch event at the Bujairi Terrace on April 10, 2025.
“Explore our global bestselling lineup and step into a world powered by solar energy, sustained by batteries, and driven by electric vehicles.
“Experience the future of autonomous driving with Cybercab, and meet Optimus, our humanoid robot, as we showcase what’s next in AI and robotics. Our team will be on hand to answer any questions you have about Tesla ownership, home charging and more,” stated Tesla.
The event will start at 20:00 and end at 23:00. Slots for the event are limited. Anyone who wants to attend can sign up here.
Initial reactions to Tesla’s arrival in Saudi Arabia seem to be positive. In the company’s announcement on X, a few responders commented that they’ve been asking Tesla to come to Saudi Arabia for years. Early reactions hint that Tesla’s brand name is not tarnished in all countries.
Excitement for Tesla in Saudi Arabia contrasts reactions to the brand in the United States, some parts of Canada, and select European cities. Tesla vehicles, stores, and Superchargers have been a target for arson as Elon Musk’s public image continues to gather hate. The Tesla attacks have led to the FBI forming a task force to address the incidents.
News
Tesla attacks get FBI task force to squash the acts of ‘domestic terrorism’
The FBI has launched a task force with the ATF to stop violent Tesla attacks & investigate a March 29 anti-Tesla protest.

An FBI task force has been assigned to crackdown on Tesla attacks, which have been targeting the company’s stores, Supercharger stalls, and vehicles.
“Can confirm: The FBI has launched a Task Force in conjunction with ATF to coordinate investigative activity and crack down on violent Tesla attacks. More to come,” noted the FBI’s Assistant Director to Public Affairs, Ben Williamson, on X.
The FBI task force assigned to end attacks on Tesla is working with the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF). Most Tesla attacks involve setting a store, Supercharger, or vehicle on fire, usually by throwing a Molotov cocktail. The task force will also be working with the FBI’s Counterterrorism Division.
“The FBI has been investigating the increase in violent activity toward Tesla, and over the last few days, we have taken additional steps to crack down and coordinate our response. This is domestic terrorism. Those responsible will be pursued, caught, and brought to justice,” said FBI Director Kash Patel on X.
The FBI is looking into two active anti-Tesla sites and the “Tesla Takedown” protest scheduled for March 29. One of the sites is Dogeque.st, which has been doxxing Tesla employees and locations across the United States. The website is also doxxing Tesla owners, resulting in safety concerns for civilians.
The anti-Tesla attacks have resulted in at least four arrests thus far. Three people were arrested for allegedly throwing Molotov cocktails at Tesla stores, Superchargers, and vehicles. One person was arrested for driving into a crowd of protesters in front of a Tesla store. Fortunately, none of the attacks–on either side–have resulted in injuries or fatalities.
News
Multiple explosives found at Tesla showroom in Austin, Texas
The disturbing incident follows a series of vandalism and arson cases linked to Tesla facilities and vehicles.

Multiple incendiary devices were discovered inside a Tesla showroom in Austin, Texas on Monday morning, police have stated. The disturbing incident follows a series of vandalism and arson cases linked to Tesla facilities and vehicles, which have since prompted federal and local investigations.
Devices Found After Anonymous Tip
Austin Police Department officers responded to the Tesla showroom following an anonymous call about alleged bombs inside the building. Upon arrival at the location, authorities found several “suspicious devices,” which were later identified as incendiary by the Austin Police Department Bomb Squad.
The bomb squad was able to remove the incendiary devices without incident. Citing the police department, the Daily Mail has noted that the devices were designed to cause “large-scale explosive violence.” No arrests have been made in relation to the incident as of writing, though an investigation is ongoing.
The Austin PD’s Statement
A release from the Austin Police Department’s Public Information Office described the details of the incident:
“On Monday, March 24, 2025, at approximately 8:04 a.m., Austin Police Department (APD) officers responded to a Found/Abandoned Hazardous call at the Tesla dealership located at 12845 N. US 183 Hwy SVRD NB. When officers arrived on scene, they located suspicious devices, and called the APD Bomb Squad to investigate. The devices, which were determined to be incendiary, were taken into police custody without incident. This is an open and ongoing investigation, and there is no further information available for release at this time,” the Austin PD wrote.
Attacks Linked to Musk’s Government Role
The apparent Tesla Austin attempted bombing comes amid escalating violence against Tesla properties, which seemed to be attributed in no small part to Elon Musk’s leadership of the Department of Government Efficiency (DOGE), a Trump administration initiative slashing federal spending. Musk, during a conversation with Sean Hannity of FOX News, claimed that the aggressive attacks stem from his efforts to curb waste.
“It turns out when you take away people’s, you know, the money that they’re receiving fraudulently, they get very upset. And they basically want kill me because I’m stopping their fraud and they want to hurt Tesla because we’re stopping the terrible waste and corruption in the government. And, well, I guess they’re bad people. Bad people do bad things,” Musk noted.
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