Tesla Snags Apple VP Of Mac Hardware To Lead New Vehicle Development
techcrunch.com
techcrunch.com
http://www.amazon.com/Code-Name-Ginger-Behind-Segway/dp/1578...
Also, most startups fail.
And they looked so incredibly dorky with their plump bodies and tucked in shirts.
Has anyone seen the cheap Chinese segway that works strictly at the shoe level? They loon very cool, but I'm too afraid to try it. Haven't seen them in use outside of china yet. Imagine seeing someone standing on a roomba going really fast.
From the outside looking in I'd rather fill that role with someone with car industry experience bringing actual cars to market, because battery life and industrial design are somewhat fungible, but if Tesla is late on bringing car models to market that has a serious effect on their timelines.
Equating his segway experience to all of transportation seems a stretch.
According to his linked in profile he was a development engineer at Ford for 6 years and hasn't worked in the car industry for 20 years. Certainly he does not seem to possess any executive experience in the car industry or related to car development.
As a TSLA investor, it makes more sense to me to have someone in that role who actually has experience getting cars to market (ie. someone like Bob Lutz).
Let's not forget history here. Musk had a very hard time releasing the Roadster, and it was one of the most painfully delayed automotive launches in history. They were close to running out of money numerous times in the launch, and needed key loans and cash at key times (including a huge cash infusion from Musk himself) otherwise they would have failed. At least some of that based on the public information at the time can be attributed to Musk's inexperience in the car world.
They made it, but it wasn't without a lot of luck. I worry about decisions like this because if there's one thing Tesla really needs to execute on, it's getting new car models out the door in a very timely fashion.
Another example - Nardelli was also a brilliant leader at Home Depot, but he couldn't do enough to save Chrysler.
The car industry is a very different beast then building wheel chairs and segways. Personally I would prefer someone in the new car development driver's seat with a bit more experience. Putting someone without that experience is such a leadership role seems like a reckless move by Tesla.
This is all just my opinion. I'd be happy to discuss further and share opinions.
Apple didn't need a range of iPhones. They needed one excellent one, produced at scale.
Others had crucial roles as well, but without Musk providing the funding and management, Tesla would have just been another dead electric car company.
There was a settlement that allows Musk to call himself "founder" in exchange for, I presume, some compensation. There was no legal ruling on facts only a private agreement between parties.
From wikipedia
"the group, which numbered 40 individuals back then,[1] was spun out as a corporation in February 1986 with investment by Steve Jobs shortly after he left Apple Computer.[1]"
https://www.google.com/finance/chart?q=NASDAQ:TSLA&tlf=12&ch...