Get the latest tech news
Tesla former VP of engineering liquidated virtually entire stake in the company
Baron, whose largest position is in Tesla, is betting the new shift in strategy for Tesla’s low-cost car will fill its increasingly empty factories.
Once a leading contender to replace Elon Musk on the Tesla throne, Baglino helped build the company’s lucrative business in commercial energy storage led by its industrial scale Megapack battery, now quite possibly its highest margin manufactured product. But the solar roof business he runs dwindled to little more than a rounding error, and Tesla this quarter stopped publishing deployment figures, its only reported metric. Worse, the 4680 cell, once the foundational pillar that would ensure Tesla’s cost competitiveness over its rivals, has run into repeated manufacturing problems and is now effectively no longer core to its equity story.
Or read this on Hacker News
