When is the acquisitive nature of open frontier capitalism too much? When Elon Musk is told that US$56 billion as a pay package is unfair. This, at least, was the finding by Delaware Court of Chancery by Judge Kathaleen McCormick regarding the spellbinding 2018 compensation package for the planet’s wealthiest human being.
Source: When Much is Too Much: Elon Musk’s Compensation Package – » The Australian Independent Media Network
Tesla is flying high in Germany: In September, more electric Tesla Model 3s were registered in the country than leading domestic models, such as the BMW 3 Series, Audi A4 and Mercedes C-Class combined, business news magazine WirtschaftsWoche reports, citing data from the Federal Motor Transport Authority (KBA).
Source: Germany: Tesla’s Electric Car sales overtake leading domestic automakers in September
It is early days for these entirely Chinese-designed cars to take on the establishment, and there is always the possibility that geopolitics upsets progress, but it finally seems that all the ingredients are there. The next revolution in automotive is replacing petrol and diesel vehicles with electric. With all of China’s advantages, it could yet lead this shift, and finally become the home of the best cars in the world.
Source: China Emerging as Competitor to Tesla: Will it build the best Cars in the World?
Tesla’s new battery will be big enough to power thousands of homes, but it’s likely to be just the first of many such installations.
Source: Explainer: what can Tesla’s giant South Australian battery achieve?
olddogthoughts 