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Joined 10 months ago
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Cake day: June 5th, 2024

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  • who are legally obligated to increase profits or risk litigation by shareholders

    Sort of. There is no law that requires corporations to maximize short-term returns to shareholders. It entirely depends on the corporate charter. There are corporate charters that include wording that quarterly profit optimization is not a goal. C-levels repeating the “fiduciary duty” mantra are generally blowing smoke, since their corporate charters can (usually) be amended with approval of a majority of shareholders. In other words, it’s the way it is because they set it up that way.






  • Det er særligt fejlgrupperne „bremseudstyr“, „lygteudstyr“, „aksler, hjul og dæk“ samt „styretøj“, som bilerne dumper på.

    In English: The cars are particularly prone to failure in the fault groups “braking equipment”, “lighting equipment”, “axles, wheels and tires” and “steering equipment”.

    Tesla braking systems are regenerative, so more complex than non-regen brakes. The other three categories should be bog-standard.

    It’s not clear if categories such as batteries, electric motors, bodywork, etc are omitted because they’re OK or because the Danish authorities don’t regard them as safety-critical in the same way.


  • This goes back to pre-Musk Tesla. Their original idea was to treat car manufacture as a greenfield problem, and they deliberately didn’t hire anyone from the “legacy” industry. They assumed that their knowledge of high-tech manufacturing and supply-chain optimization would be much better than anything existing carmakers were doing. But they soon discovered that Teslas are, in most ways, just like other cars, and the brilliant manufacturing processes they came up with weren’t really any different than those of any other carmaker, except the quality was worse. So at some point, a while before Musk stuck his nose in, they started quietly recruiting industry veterans to sort out the quality issues, which kept getting worse as production scaled up.

    Since Musk has been in, the progress that Tesla had made in addressing quality has again gone down the shitter, due to his arrogance and inability to grasp engineering detail.