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Tesla’s Elon Musk trades compliments with Volkswagen CEO at Auto Award show
Tesla CEO Elon Musk and Volkswagen Auto Group CEO Herbert Diess answered questions jointly regarding the future of electric vehicles in Germany during the 2019 Golden Steering Wheel Awards in Berlin. The two CEOs gave each other numerous words of wisdom as they both work toward a future involving sustainable transportation.
Musk flew to Berlin on November 12 to accept a prestigious Golden Steering Wheel Award won by the Tesla Model 3. This award comes on the heels of Tesla’s Navigate on Autopilot receiving top honors from Germany’s Connected Cars Innovation. After accepting the award for the company’s most affordable sedan, Musk was joined by Volkswagen’s Herbert Diess on stage, where both CEOs were asked about if they were inspired by one another. “First of all, I really wanted to congratulate you, great achievement, I know all of this competition here in Germany, this award, its a great achievement. We know each other, we don’t meet so often though. I would say that we share a vision, which is that we only can achieve the CO2 targets and reduce carbon emissions through electric cars,” Diess said.
An interesting quote from Diess, as the Volkswagen CEO was under fire for the company’s “Dieselgate” emissions scandal where the German automaker was caught placing emissions cheat devices in its vehicles. Although Diess joined VW after the scandal began, he was under intense scrutiny from some German government agencies for stock manipulation. Since the beginning of the Dieselgate scandal, Volkswagen has paid around $33 billion in penalties. The company is attempting to put the scandal behind them and move onto battery-powered cars. Diess announced the Volkswagen ID.3 electric-car on September 9, the company’s first attempt at a non-gasoline powered vehicle.
Despite the allegations against Diess, he has received kind words from Musk, who stated on Twitter “Herbert Diess is doing more than any big carmaker to go electric. The good of the world should come first. For what it’s worth, he has my support.” Musk offered his two cents following the announcement that VW would begin producing its own lithium-ion batteries in an attempt to transition to the mass-production of electric vehicles in the future.
Musk was then asked why Germany was so far behind on the electric vehicle revolution. “Well, first of all, I don’t think Germany is that far behind. But I always think it’s difficult when, you know, there’s a lot of momentum around in all technology. There is a lot of infrastructure, a lot of capital and that kind of thing that is tied up in all the technology,” Musk said. “When you have new technology, the market is unproven. So then, you say ‘Does it really make sense to place a bet on this technology that is unproven?’ And when we started out at Tesla, everyone thought we were huge fools. I thought we were fools too, frankly. But I thought it was important to get to ultimately a sustainable energy future,” he added.
Diess and Musk were sure to trade compliments during the question and answer session, noting the motivation they give each other toward the mission of creating environmentally-friendly and sustainable transportation. “I thank you for pioneering, for pulling us, for pushing us. I think really Elon is the innovator, which is driving us along. So it’s worthwhile to talk about batteries and the right concepts, and I always enjoy talking to you because, he’s really a visionary,” Diess said about the Tesla CEO.
Elon Musk has always said that Tesla’s competitors are not those companies who are also making electric cars, but the companies working toward keeping petrol-based vehicles as the primary source of transportation in the world. Musk and Diess working together toward the ultimate goal of sustainability shows the future of electric cars depends on working together and recognizing the only way to achieve the goal of environmental-sustainability and longevity is to develop the technology together. With Volkswagen ultimately deciding to invest $33 billion into the future of electric vehicles, the German-based company evidently wants to put their emissions scandal behind them, and it seems they have support from the frontman of the electric vehicle movement.
You can watch the entire Golden Steering Wheel Awards ceremony below:
Tesla owners are being doxxed by a controversial anti-DOGE website in what it called an act to “empower creative expressions of protest.”
Dogequest, a website that has been created with a clearly outlined use for intimidation against Tesla owners, posted the names, addresses, phone numbers, and other contact information of those who own vehicles made by the electric vehicle manufacturer.
It was spotted by 404 Media.
The site also claims to have the information of employees at the Department of Government Efficiency, as well as the addresses of Tesla dealerships and the locations of Tesla Superchargers. The latter two are public information.
However, the website is hoping to get Tesla owners to sell their vehicles in this evident intimidation tactic. However, the information on the website, while it was seen, was not verified to prove that it contained the information of real-world Tesla owners. The site was not accessible by Teslarati at the time of publication.
The creation of a site like Dogequest is just another level that anti-Elon Musk activists are taking to attempt to destroy a company like Tesla as its CEO works with the Trump Administration to eliminate excessive government spending through the work of DOGE.
It is also the latest attack on Tesla owners, who have seen their vehicles vandalized, damaged, and even destroyed by those who disagree with the actions of Musk.
Tesla as a company has also seen several acts of retaliation against it, as everything from the arson of its showrooms and vehicles to it being kicked from the popular Vancouver Auto Show have come as a result of the recent backlash against the company.
Moving forward, there are still questions surrounding how these attacks will be combatted. The Trump Administration has indicated that acts of vandalism against Tesla would be considered a federal crime, but the tricky part of locating the culprits has proven to be extremely difficult. Only a handful have been found and held accountable.
Tesla (NASDAQ: TSLA) received an upgraded rating on its shares from Wall Street firm Cantor Fitzgerald, who recently took a trip to Austin to visit the company’s data centers and production lines ahead of several high-profile product launches set for this year.
It was a bold move, especially considering Tesla shares are under immense pressure currently, fending off negative news regarding the company’s sentiment and potentially lower-than-expected delivery figures due to the launch of a new version of its most popular vehicle, the Model Y.
However, the bulls on Wall Street are still considering Tesla to be a safe play, especially considering its robust presence in various industries, including automotive, energy, and AI/Robotics.
Cantor Fitzgerald analyst Andres Sheppard said in a note that, during a recent visit to Tesla’s Cortex AI data centers and the production line at Gigafactory Texas, it was clear there is a lot of potential and runway for Tesla in 2025:
“On 3/18, we visited Tesla’s Cortex AI data centers and the factory’s production lines ahead of the company’s introduction of its Robotaxi segment (targeted for June in Austin, followed by CA later in 2025). With Tesla’s shares now down ~45% YRD, we upgrade Tesla to Overweight (from Neutral) ahead of upcoming material catalysts. Our $425 12-month PT is unchanged. Our Thoughts: Attractive Entry Point Ahead of Material Catalysts.”
Sheppard went on to mention the catalysts, which he believes are the Robotaxi rollout in Austin in June, along with the continued rollout of Full Self-Driving in China, the eventual rollout of FSD in Europe, and the introduction of the affordable models in the first half of this year, and those were just on the automotive side.
There are several others, including Optimus, growth in the energy division, and in the longer term, the Semi.
In terms of potential weaknesses, Sheppard expects the likely removal of the EV tax credit and some of its growth to be offset by tariffs as the two big things that stand in the way of even more growth for the company.
Tesla is up over 5 percent on Wednesday, trading at $236.86.
Tesla has been kicked from a popular automotive show as the organizers of the massive event have succumbed to the pressure of protestors and others who oppose the electric vehicle maker.
The Vancouver Auto Show in Canada announced that it would not allow Tesla to establish a presence at the event this year, citing concerns about potential disruption from protestors and others who have been vocal about their distaste for the company and its CEO, Elon Musk.
Eric Nicholl, executive director of the Vancouver Auto International Show, said (via The Hill):
“The Vancouver Auto Show’s primary concern is the safety of attendees, exhibitors, and staff. This decision will ensure all attendees can be solely focused on enjoying the many positive elements of the event.”
Tesla was reportedly given several opportunities to voluntarily withdraw from the Vancouver Auto Show. The company evidently declined these invitations. Reps of the event itself then took it into their own hands, stating that the company would not be welcome at the event any longer.
Musk’s involvement in the Department of Government Efficiency (DOGE) under the Trump Administration seems to be the main culprit for so much pushback from the opposition.
Protest groups and organizers have put together various acts of opposition against Tesla, some more reasonable than others, in an effort to show their distaste for the company and Musk. However, many of these acts have turned violent, resulting in the vandalism or even the total destruction of vehicles. It’s one thing to use your right to protest, and it’s another to destroy people’s personal vehicles or property that belongs to the automaker.
The decision by the Vancouver Auto Show sets a dangerous precedent that the violence and destruction tactics used by groups that oppose Tesla will work. Ultimately, people’s safety is most important, but there is the impression that shows will not take the proper precautions to ensure that all companies are able to show off their products and tech at the event.
This could have been resolved with other strategies, and axing Tesla from the show altogether could result in some fans boycotting the show altogether.
Tesla owners doxxed by controversial anti-DOGE website in clear intimidation tactic
Tesla gets an upgrade on ‘upcoming material catalysts’
Tesla kicked from popular auto show as event succumbs to protest pressure
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