Elon Musk has a successor in mind to become the next Tesla CEO, according to new comments from Tesla board member James Murdoch.
Musk has always had a strange relationship with his role as CEO of Tesla.
He undoubtedly has had an incredible impact on the company, which is widely credited for significantly accelerating the auto industry’s transition to electric vehicles, but he originally didn’t want to be CEO.
Musk took over during a transitional period at Tesla that saw two CEOs – neither of which lasted for long – in 2008-2009 after co-founder Martin Eberhard was ousted amid difficulties in delivering the Roadster.
At the time, Musk put all his remaining cash from the sale of Paypal into the struggling automaker and took over as CEO.
It took about a decade of struggling, but over the last few years and under Musk’s leadership as CEO, Tesla has become the most valuable automaker, and it can now produce millions of electric vehicles per year.
Over the years, Musk has talked about eventually stepping down as CEO and focusing on his other roles at Tesla, which include “product architect.” However, the CEO suggested that shift back in the days when he was still chairman of Tesla’s board, a role that he lost as part of a settlement with the SEC.
The South Africa-born engineer said that he would “always be with Tesla,” but it would not necessarily be in the role of CEO.
This possibility of Musk stepping down as CEO of Tesla has been in focus lately due to the fact that he added even more work to his plate with the acquisition of Twitter.
On top of the Twitter acquisition, Musk’s $54 billion compensation plan for his role as CEO of Tesla is currently on trial after an investor sued the company claiming that it wasn’t necessary to retain Musk at Tesla, and also over concern about Musk’s control over the Tesla board of directors around the time the compensation package was approved.
Tesla board member James Murdoch was on the stand today during the trial and made an interesting comment about Musk’s future as Tesla CEO.
During his prior deposition months ago, Murdoch said that Musk never mentioned a potential successor for his role of CEO at Tesla, but on the stand today, he said that Musk actually did suggest a potential successor since then.
The director didn’t specify who, but he did suggest that Musk mentioned the person in a somewhat recent conversation.
Tesla was rumored to have previously offered the role of CEO to Herbert Diess before he became CEO of Volkswagen. Diess recently left Volkswagen, and the long-time auto executive, who is known to have a friendly relationship with Musk, has yet to announce his next project.
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Daimler Truck North America has helped alcohol distributor Reyes Beverage Group deploy fully 29 zero-emission Freightliner eCascadia Class 8 electric semi trucks in its California delivery fleet.
Reyes Beverage Group (RGB) plans to deploy the first twenty Freightliner electric semi trucks at its Golden Brands – East Bay and Harbor Distributing – Huntington Beach warehouses, marking the first phase in the company’s transition to a fully zero emission truck fleet by 2039. An additional nine eCascadia Class 8 HDEVs are scheduled for delivery to RBG’s Gate City Beverage – San Bernardino warehouse before the end of 2024.
RBG’s decision to adopt the Freightliner eCascadia builds on its recent transition to renewable diesel and its ongoing idle-time reduction program. These electric vehicles (EVs) “go electric” will contribute significantly toward the company’s stated goal of reducing its carbon emissions 60 percent by 2030. These 2 trucks will save some 98,000 gallons of diesel fuel annually, and avoid putting nearly 700 metric tons of carbon dioxide and other harmful emissions into California’s air each year.
“We are excited to be among the first in our industry to adopt these electric vehicles,” explains Tom Reyes, President of RBG West. “This is a significant step toward our sustainability goals and ensuring compliance with state regulation as we transition our fleet to EV.”
Freightliner’s eCascadia electric semi trucks offer a number of battery and drive axle configurations with ranges between 155 and 230 miles, depending on the truck specification, to perfectly match customers’ needs without compromising on performance and load capacity. RBG’s Freightliner eCascadia tractors will rely on electric charging stations installed at each facility, allowing them to recharge to 80% capacity in as little as 90 minutes for RGB’s trucks, which feature a typical driving range of 220 miles as equipped.
The Windsor, Ontario utility says it’s driving towards a more sustainable future after adding a dozen new electric vehicles to its fleet – including a state-of-the-art, 55-foot Terex electric bucket truck.
Based on a Class 7 (33,000 lb. GVWR) International eMV Series BEV, the Terex EV takes the eMV’s 291 kWh battery and adds the Terex Optima 55-foot aerial device and HyPower SmartPTO system to create a fully electrified utility service vehicle that can do anything its diesel counterparts can do while offering better, safer working conditions for utility crews.
“We’ve got 12 EVs,” said Gary Rossi, president and CEO, Enwin Utilities. That number represents fully 10% of the utility’s entire vehicle fleet. “Our centerpiece is our electric 55-feet bucket truck. It’s very quiet,” continues Rossi. “So (the truck) allows us, our crews, to communicate better. It’s not as loud in the community when they’re doing repairs in someone’s backyard.”
That notion is echoed by Terex, itself. The company says its HyPower SmartPTO (power take off), which replaces a mechanical PTO, avoids a loud idling engine while reducing workers’ exposure to toxic exhaust fumes.
“It’s all about building Windsor’s future and literally plugging into the battery factory down the road that is being constructed and showing that Windsor is a leader on this front,” says Drew Dilkens, Mayor of Windsor. “I don’t own an internal combustion engine vehicle,” adds Mayor Wilkins. “I only own two electric cars. My wife and I, we made the change starting in 2019 and I can’t see myself ever going back.”
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Enwin says its commitment to clean energy extends beyond its vehicle fleet. The company recently unveiled a massive MW solar rooftop net metering facility at its Rhodes Drive headquarters with over 3,000 solar panels. The site, one of Canada’s largest solar installations, generates enough clean electricity to power 300 homes annually.
Built by Damen Shipyards and the first fully electric tugboat to be deployed in the Middle East, the new RSD-E Tug 2513 Bu Tinah put in its record-breaking performance took place at Khalifa Port during ADIPEC, the world’s largest energy conference.
The RSD-E Tug 2513 is based on the already efficient hull design of the standard, diesel-powered RSD Tug 2513, but its new, fully electric propulsion arrangement enables it to offer zero emissions operations in situations where oil or fuel leakage would be – let’s say especially bad.
But, while the “clean” aspect of all-electric operation is obvious, its Guinness World Record of performance shows that the Damen RSD-E Tug 2513 is up to whatever task its owners put to it.
“This Guinness World Record achievement demonstrates that the transition to alternative energy does not come at the cost of performance,” explains Maritime & Shipping Cluster, AD Ports Group, Captain Ammar Mubarak Al Shaiba. “We are very proud that the first electric tug in the Middle East is also making waves on a global level with this accolade and the fact that in parallel it is improving the sustainability of our operations alongside cost efficiencies in terms of overall fuel saving is extremely important. This vessel is now a key component of our Marine Services fleet and our electrification strategy.”
To earn its record, the the Damen RSD-E Tug 2513 Bu Tinah recorded an average high peak bollard pull of 78.2 tonnes (about 86 ‘Murican tons). The record-setting tugboat can undertake a minimum of two towage operation on a single charge, and can be recharged on a marine DC fast charger in just two hours.