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Tesla’s TX plans opposed by Travis County GOP official: ‘Texans need to stand up to Musk’

Tesla CEO Elon Musk unveils futuristic Cybertruck in Los Angeles, Nov. 21, 2019 (Credit: Teslarati)

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Tesla’s plans for its Cybertruck Gigafactory in Travis County, Texas have received some strong opposition from Matt Mackowiak, the chairman of the Travis County GOP. In a scathing op-ed posted on The Statesman, Mackowiak urged Texas to “stand up to Musk” citing the CEO’s reputation, SpaceX’s ongoing activities in the state, and the challenges faced by Gigafactory New York. 

Mackowiak warned that Elon Musk has a “spotty” history of seeking subsides, and he voiced his stern opposition to the idea of Texas giving Tesla generous incentive packages. These include $68 million on Tesla’s property tax bill over 10 years and Travis County’s additional $14.65 million in property tax rebates over 10 years. The GOP official argued that New York, which hosted Tesla’s Gigafactory 2 facility, has struggled to bring the economic impact it was intended to bring to the area as well. 

“After spending nearly $900 million on the new factory, a recent audit found that the plant’s value lays around $75 million. The factory found more controversy as it struggled to prove that it had met the site’s hiring criteria. Even worse, the factory is struggling to bring the economic impact it promised to justify the high-priced deal for the state’s taxpayers. The Lone Star State could be looking at millions of dollars in public funds directed away from roads and other local needs to help a company that seems content to abandon its pledges and go wherever the incentives take them,” Mackowiak wrote. 

Mackowiak also argued that SpaceX’s activities in Texas have not been good for the state, since the company has been “spending years causing headaches for the people of South Texas.” The official listed a number of grievances against SpaceX, such as road closures and noise disturbances, which Mackowiak argued disrupted the “once peaceful village of Boca Chica.” In conclusion, the GOP official urged Texans to “stand up to Musk and tell him there will be no corporate subsidies.”

Unfortunately for the vocal Mackowiak, other Texas officials appear to be very welcoming of Tesla. Amidst the company’s troubles with Alameda County last month, Tesla and Elon Musk received open letters of support from Hidalgo County Judge Richard F. Cortez, Governor Greg Abbott, Dallas, TX Mayor Eric Johnson, all of whom invited the electric car maker to set up shop in the Lone Star State. Governor Abbott, for one, specifically emphasized Tesla’s potential tax savings if it moves its headquarters to Texas. 

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As for Gigafactory New York, the facility has seen a relatively slow ramp due to the company’s focus on its electric vehicle business, particularly during the Model 3 ramp. However, the facility is ramping now, particularly as Tesla is now looking to expand the reach of its Energy business with its flagship Solarglass Roof V3 tiles. Supercharger V3 stalls, which are also built in Gigafactory New York, are being ramped worldwide as well. This suggests that Tesla’s Buffalo, New York facility will only get even busier in the near future, and it won’t be long before its positive economic impact to the area is felt.

It should also be noted that other states are willing and ready to welcome Tesla and its upcoming Cybertruck Gigafactory. Apart from Texas, Tulsa, Oklahoma is speculated to be shortlisted for the site of the electric pickup’s production plant. Other states such as North Carolina have also expressed interest in hosting the electric car maker’s next US-based manufacturing facility. 

Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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Tesla’s new Robotaxi geofence shape is an FU by Elon Musk to the competition

Maybe it’s all pareidolia. But maybe it’s not. After all, Tesla embraced the first geofence expansion for what it appeared to be.

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tesla austin robotaxi geofence and elon musk laugh from meme review

Tesla expanded its Robotaxi geofence in Austin once again early Sunday morning. The new shape seems to be somewhat of a proverbial, and potentially literal, middle finger to the competition.

If you thought the first expansion was a message to the competition and doubters of the company’s ride-hailing service, you probably will believe the second expansion is an even stronger gesture.

Tesla’s first expansion did not go unnoticed, as its shape was particularly recognizable. The company has always operated with a sense of humor, and it embraced what it did. Some, including me, took it as a message to competitors: We can expand in any direction, in any size, at any time. We’ll prove it.”

They picked a shape and went with it:

Tesla’s Robotaxi expansion wasn’t a joke, it was a warning to competitors

It is evident that Tesla is keeping its humor up to continue to show a few things. The first is that it really can expand in any direction it wants and that’s how it is choosing to show it.

The second, well, maybe it’s an edgier way to show doubters that it is really executing on Robotaxi:

Maybe it’s all pareidolia. But maybe it’s not. After all, Tesla embraced the first geofence expansion for what it appeared to be. This might be a similar occurrence, and it might be sending another message to the competition, critics, and doubters.

The expansion was a near-doubling of the geofence Tesla offered previously. After the initial geofence covered just about 20 square miles, Tesla was able to more than double it to 42 square miles with the first growth. This new geofence shape was just under double, and is about 80 square miles.

Tesla’s rapid expansion has impressed many, especially considering the service area has roughly doubled for the second time in well under two months. The Robotaxi service was first offered on June 22.

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Tesla executes ‘a must’ with Musk as race to AI supremacy goes on: Wedbush

Dan Ives of Wedbush says Tesla made the right move getting Elon Musk his pay package.

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Steve Jurvetson, CC BY 2.0 , via Wikimedia Commons

Tesla (NASDAQ: TSLA) executed what Wedbush’s Dan Ives called “a must” this morning as it finalized a new pay package for its CEO Elon Musk.

The move helped give Musk his first meaningful compensation at Tesla since 2017, when the company offered a pay package that was based on performance and proven growth. That package was approved by shareholders on two separate occasions, but was denied to Musk both times by the Delaware Chancery Court.

On Monday, Tesla announced on X that it had created a new package that would give 96 million shares of restricted stock to Musk to compensate him for the “immense value generated for Tesla and all our shareholders.”

The details of the pay package are designed to retain Musk, who has voiced some concerns about his control of Tesla, as “activist shareholders” have used lawsuits to disrupt the previously approved package.

You can read all the details of it here:

Tesla rewards CEO Elon Musk with massive, restricted stock package

Ives says Musk’s retention is ‘a must’

Ives said in a note to investors on Monday that with the raging AI talent war that Tesla made a smart move by doing what it could to retain Musk.

He wrote:

“With the AI talent war now fully underway across Big Tech, we believe this was a strategic move to keep TSLA’s top asset, Musk, would stay focused at the company with his priority being to bolster the company’s growth strategy over the coming years. With this interim award increasing Musk’s voting rights upon this grant, which Musk honed in on and mentioned was increasingly important to incentivize him to stay focused on the matters at hand, this was a strategic move by the Board to solidify Musk as CEO of Tesla over the coming years with this framework for Musk’s pay package and greater voting control removing a major overhang on the story.”

He went on to say:

“While the groundwork is now in place for the next few years, it will be critical for the Tesla Board of Directors to get this long-term compensation strategy in place prior to the company’s November 6th shareholder meeting which would address the elephant in the room and remove a significant overhang on the stock.”

Wedbush maintained its Outperform rating and its $500 price target on the stock.

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Tesla CEO Elon Musk reveals ideal timeline for insane self-driving feature

Tesla CEO Elon Musk has extremely optimistic expectations for Full Self-Driving progress by the end of 2025.

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Credit: Tesla

Tesla CEO Elon Musk has revealed his ideal timeline for what would likely be the most insane self-driving feature: the ability for drivers to play video games at the wheel.

There are a handful of videos out there of drivers already performing this task. Nobody using Tesla’s Full Self-Driving suite should perform these activities, as the company maintains the system is not fully autonomous.

Drivers are responsible for the vehicle and should be prepared to take over.

Tesla has put a lot of faith in its development of Full Self-Driving and has made tremendous strides over the past few years. Capabilities have gotten more refined and accurate through various methods, including data collection and hardware improvements.

Tesla kicks Robotaxi geofence expansion into high gear in Austin

It has gotten so good that Tesla launched a Robotaxi platform in Austin, Texas, on June 22. Passengers can hop in the back of a Model Y and will be transported around the city in a confined geofence that is about 90 square miles in size. There is nobody in the driver’s seat, but there is a Safety Monitor in the passenger’s seat.

Tesla launched a similar experience in California’s Bay Area last week, but the company has placed the Safety Monitor in the driver’s seat for that region for the time being.

Eventually, Tesla will get to a point where no monitor is needed, and the vehicles will be able to drive themselves. Many believe that it is a few years away, but Musk believes Tesla could achieve it very soon.

After a video of someone playing Grand Theft Auto in their Cybertruck while operating Full Self-Driving was shared on the social media platform X, Musk said this capability would be available in “probably 3 to 6 months, depending on regulatory approval in your city and state.”

It is important to remember that Musk has been very optimistic regarding autonomy timelines with Tesla projects. We heard for many years that the company would have self-driving vehicles “by the end of the year,” and those projects did not come to fruition.

While there was progress, there were no fully autonomous vehicles or software versions for customers.

With that being said, Tesla has made tremendous strides in its quest for autonomous vehicles this year, and launching a Robotaxi platform was a huge step in the right direction.

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