Inside Prague’s Institute of Crypto Anarchy — where they’re plotting to bring down the dollar
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ETHPrague 2023 was held at Paralelní Polis in the Czech Republic
Pavel Sinagl
PRAGUE — In 2007, a group of Czech guerrilla artists scaled a transmitter tower belonging to the country’s national television station and hacked into a live webcam of the Krkonoše mountain range typically used during the weather segment. In the midst of a live broadcast on June 17 of that year, the rebel collective — dubbed Ztohoven — faked a nuclear bomb detonation. Viewers watched as a camera shot panning across the landscape flashed white and revealed a mushroom cloud in the distance, reminiscent of a war-era newsreel threatening Armageddon.
The stunt was a signature move for the consortium of Bohemian subversives, one among many disruptive pranks over the course of decades designed to provoke onlookers and foster a sense of resistance and revolt against prescribed societal norms. Ztohoven has since added the banner of crypto anarchy to its mantle, embracing the hackers and provocateurs who helped mobilize the movement since its inception.
Today, that union of minds finds refuge in Prague in a retrofitted factory building called Paralelní Polis, or “parallel world.” The name pays homage to Czech philosopher and dissident, Václav Benda, who coined the phrase in the 1970s as a way to describe an emerging underground counterculture quietly subverting the ruling communist regime.
Ztohoven’s parallel world offers a different kind of anarchy. The space functions as a living example of how the world could look — a crucible for decentralized and defiant technologies designed to operate beyond the reach of governments, laws, and central banks.
It’s a place where cryptography replaces control, cryptocurrency supplants fiat, and controversial concepts aren’t just discussed, but are lived ideologies binding people together.
For more than two years, Dan Ligocký has been working from Polis three to five days a week. Ligocký, who is an event producer with deep ties to the ethereum community, tells CNBC that the space has served as a catalyst for innovation and the exploration of decentralized technologies.
“Its commitment to privacy, freedom, and self-sovereignty aligns with the core principles of the Web3 movement,” continued Ligocký. “We’re here to support the ecosystem and are open to collaborating with anyone whose ethos aligns with ours.”
Indeed, the vast factory-turned-forum pulses with the collective energy of digital rights activists, privacy-obsessed cypherpunks, and crypto-faithful ideologues. Its diverse denizens ranging from transient visitors like the Czech prince William Lobkowicz, to ethereum co-founder Vitalik Buterin.
Polis is a place where technology, philosophy, and activism converge.
Ethereum co-founder Vitalik Buterin speaks at ETHPrague 2023
Pavel Sinagl
A tale of two castles
The Czech Republic’s den of crypto anarchy sits in the heart of Holešovice — a district bound by the left bank of the Vltava River to the east and Letná Hill to the west. The neighborhood was once the epicenter of industrial Prague, synonymous with slaughterhouses and steam mills, but today is home to art galleries and ateliers.
At the opposite end of the city in a district called Hradčany — about three-and-a-half miles south-west of Polis — is a 750,000 square foot castle complex that appears frozen in a Renaissance-era alternate dimension. Its imposing Gothic spires loom over the Czech capital — a vestige of a time when inherited nobility meant something quite different to the people of Prague.
Private dinner held with coders and crypto enthusiasts at the Lobkowicz Palace in Prague
MacKenzie Sigalos | CNBC
Once the seat of Bohemian kings and Holy Roman emperors, Czech presidents now occupy the castle complex — a sprawling mass of palaces, churches, towers, hidden passageways, and gardens.
Two young nobles, William and Ileana Lobkowicz, sometimes hold crypto-centric events there. Neither live at the palace, but they use the stately halls and manors once inhabited by their ancestors for industry working groups on digital assets.
A multi-day annual conference called Non-Fungible Castle is their banner event, and the siblings have also spent the last few years tinkering with using NFTs as a way to fund restoration projects — an ambition that appears to have faded during the bear market as NFT sales and prices plummet.
This summer, however, the Lobkowicz family expanded their crypto outreach efforts by hosting some of the most established coders in the ethereum ecosystem for a one-day working session. The workshops were followed by a private tour of the castle and a multi-course gala dinner in the Imperial Hall at Lobkowicz Palace — an event where the conversation effortlessly shifted from Europe’s groundbreaking new crypto law to the convergence of generative AI and blockchain tech.
Private dinner held with coders and crypto enthusiasts at the Lobkowicz Palace in Prague
MacKenzie Sigalos | CNBC
The easiest way to get to the palace from Polis is to walk three minutes to the Maniny station, where Tram 25 stops every ten minutes before sweeping passengers up the hill to Prašný Most, which borders the castle grounds. The intricate web of trolley rails traces Prague’s cobblestoned streets, a pattern of steel tracks etched into the old-world urban landscape, while the stoic steel and glass trams serve as a moving tableau of life in Prague.
Although only 25 minutes apart, the two locations represent the split personality of the Czech people.
One side is the storybook Prague most people associate with the city — soaring towers, grand chandeliers, and original frescoes. The other is the secret Bohemian underground that has spent decades thwarting authoritarian regimes. For centuries, the Czech capital has been caught between historic powers with a bent toward world domination, which has helped the populace develop a thick skin and the knowhow to fight back against the world’s biggest villains.
Private dinner held with coders and crypto enthusiasts at the Lobkowicz Palace in Prague
MacKenzie Sigalos | CNBC
“Czechs are naturally skeptical of authority, a result of the tough 20th century during which Czechs experienced monarchy, Nazi occupation, and communist rule,” said Josef Tětek, a crypto economist and bitcoin analyst at hardware wallet provider, Trezor.
“A prime example of this skepticism is the fact that the Czech Republic never adopted the euro, even though it has been a member of the European Union since 2004,” Tětek added.
Call it the ultimate anti-fairytale.
In this story, the main character isn’t a prince in a high castle, but a decentralized collective of shadowy coders and hackers living in pockets across Prague who sometimes converge on Polis to swap trade secrets and sound a call to action.
The dark stucco of Polis’ Prague headquarters is an outlier among the ornate, brightly-colored buildings that tower over it. The interior of this deceptively nondescript structure is a honeycomb of winding, labyrinthine corridors and castle-like passageways that stretch endlessly higher and deeper into its fortress-like belly.
ETHPrague 2023 was held at Paralelní Polis in the Czech Republic
Pavel Sinagl
The ‘parallel world’ concept is sticky.
Franchises of Polis have sprung up in Vienna, Barcelona, and two Slovak cities — a testament to the enduring allure of anarchy. The Vienna branch goes so far as to self-describe as a living example of how “the Paralelní Polis cryptoliberation virus is spreading.”
These hubs share certain physical features — there are co-working tables for hire, conference halls for hackathons and blockchain-specific meet-ups, as well as spaces dedicated to experimental tech, where you can dabble with 3D printing and laser cuts.
In addition to hosting regular bitcoin and ethereum meetups, the Bratislava chapter also holds sessions dedicated to biohacking — or augmenting the human body with tech custom-engineered to create a new breed of superhumans. On the other side of Slovakia, in Košice, the Polis offers formal lectures and technical support, where locals can drop by for impromptu consultations on how blockchain and cryptocurrencies can support their business.
Another common fixture across these chapters is the so-called Institute of Cryptoanarchy, a sort of sub-franchise that provides free educational resources and classes to people keen to learn more about the unregulated internet, as well as the anonymous tools — blockchain-based virtual currencies and anti-spyware encryption protocols — that can help power a decentralized economy.
ETHPrague 2023 was held at Paralelní Polis in the Czech Republic
Pavel Sinagl
The crypto schooling helps with spurring adoption and enlisting more troops to the cause.
Today’s enemy is a little different than the communist and Nazi occupiers of the 20th century. Instead of a military-powered regime, these coders see their rival as a more insidious villain. The Austrian hub characterizes the threat not as a “distant dictatorial world,” but as the way current governments attempt to control the flow of information.
“States and their security agencies globally control access to information and use the protection of intellectual property as an excuse to apply total censorship to control the available resources,” reads part of the mission statement on their website.
Crypto fans descend on Prague
As the U.S. crypto scene is imploding and companies dealing in digital assets face growing scrutiny from regulators, much of the developer community has flocked to international tech hubs like the Czech Republic to seek like-minded coders with a view to stick it to the man — or to at least steer clear of the establishment.
One reason why Prague has become the center of gravity for the industry has to do with its roots in the Austrian school of economics, a concept born out of 19th-century Vienna that remains quite popular in the Czech Republic today.
Carl Menger and Friedrich Hayek helped birth this particular brand of classical economic liberalism — not to be confused with the American concept of political liberalism. It holds independent individuals acting in their best economic self-interest is the optimal way to run a society and create a thriving economy, rather than centralized control or the heavy hand of state intervention.
ETHPrague 2023 was held at Paralelní Polis in the Czech Republic
Pavel Sinagl
“Adherents of this school of thought have been writing articles and books on bitcoin for the Czech audience since 2016,” Tětek told CNBC, who went on to note some of the natural synergies between bitcoin believers and economists schooled in Austrian economics.
“The Austrian school is very compatible with bitcoin adoption,” he said. “A central aspect is the call for a separation of money and state.”
Adherents of both worlds do not think the Federal Reserve can rescue the economy. Tětek added that bitcoin as an alternative independent monetary instrument thrives in this environment.
It helps that Prague has a long track record of drawing the sector’s top talent. The Czech capital is home to the world’s first hardware wallet and the first bitcoin mining pool. Bitcoin is accepted in Alza, one of the largest retail chains in the country, as well as in hundreds of other smaller businesses. The city also plays host to major international conferences drawing thousands to Bohemia each year.
“Overall, the bitcoin community in the Czech Republic is very strong, especially when measured per-capita,” said Tětek. “There are around 10 million Czech speakers. The most popular Czech bitcoin YouTuber boasts 90k subscribers, while the annual Czech-only bitcoin conference called Chaincamp attracts around 2000 visitors, even during the bear market.”
ETHPrague 2023 was held at Paralelní Polis in the Czech Republic
Pavel Sinagl
“Czechs are natural-born tinkerers; the early bitcoin projects such as Trezor and General Bytes emerged in the Prague hacker scene,” said Tětek, who has a background in Austrian economics and political philosophy. General Bytes is one of the larger bitcoin and crypto ATM manufacturers, which also provides software for Bitcoin ATM operators.
This summer, ETHPrague and BTCPrague held major summits in the capital over the same one-week window. The ethereum event organizers rented out space from Polis, while the bitcoiners descended on Prague’s jumbo-sized expo center at the outskirts of town.
BTCPrague talked a big game on event stats — 100+ speakers across four stages, 100+ companies and open-source projects at the expo, and 10,000+ attendees from all across Europe and beyond. While the venue was sprawling and packed on its first day, CNBC cannot independently confirm attendance numbers.
Some of the most notable names in the bitcoin ecosystem were there, including Microstrategy’s Michael Saylor, suspected Satoshi cryptographer and cypherpunk Adam Back, and best-selling economist and author Saifedean Ammous.
BTCPrague 2023 was held at the expo hall in the outskirts of the Czech capital
CNBC
Ancillary events complementing the dual crypto conferences took place across the city.
One was hosted in the private dining room of a steakhouse in Old Town where the merits of bitcoin — and its imminent threats — were debated until midnight. One point in contention: Whether Securities and Exchange Commission Chairman Gary Gensler is a closeted bitcoin maximalist, given it is the one digital asset that he has explicitly omitted from his concerted campaign to police and dismantle the ecosystem.
Meanwhile, ethereum enthusiasts descended on a modern houseboat in Holešovice for a beer tasting by the Czech Craft brewery Václav, where the Czech classic 12° Pils Vaclav and the buttery IPA 17° Sexy Hafanana were both on tap.
Another side event took place one morning at Trezor’s office, a modest space in the SatoshiLabs building located in a remote, residential suburb two miles north-east of Polis. The session included some of Prague’s top bitcoin founders — Matěj Žák, the CEO of Trezor; Jan Čapek, co-founder of Braiins, which proclaims to be the first company to introduce the concept of bitcoin mining pools; Christoph Kassas of General Bytes; and prominent Bitcoin YouTuber Jakub Vejmola. The discussion was more of a lecture-style format, with each of the leaders talking about current expansion efforts during the bear market.
The Braiins team also spoke about how they are bracing for imminent regulation in the space. The team described a protocol in development now that would make it so that pools are not capable of choosing the transactions that comprise each block — that way, they would avoid being blamed for violating any impending rules from the U.S. Treasury restricting the exchange of cryptocurrency.
“This extension to the protocol is essentially managed so that miners can choose their own work templates being approved by the pool, but then basically, the pool as a legal entity is out of the game, in terms of not being responsible for selecting the transaction,” explained Čapek.
A look around the room revealed an audience of a couple dozen people, filled with some of today’s most influential bitcoiners, including technologist and software engineer Jameson Lopp, a cypherpunk and co-founder of bitcoin security provider Casa, as well as the popular podcast hosts Stephan Livera and hedge fund manager-turned-bitcoiner Robert Breedlove.
Across town at Polis, Duct Tape Production put on ETHPrague, in coordination with the Ethereum Foundation.
ETHPrague 2023 was held at Paralelní Polis in the Czech Republic
Pavel Sinagl
The multi-day conference drew in the most influential thinkers in the space — including Buterin, one of the most prominent coders on the planet, and Stani Kulechov, founder and CEO of Aave and Lens.
Programming consisted of a mix of lectures and panels on everything from MiCA and self-regulation within decentralized finance, to the nuances of layer two protocols being built on top of ethereum. These working sessions brought together technologists, lawyers, and politicians from across the continent to discuss next steps for the industry.
“I was genuinely surprised at how helpful and friendly the participants were, how much altruism and reciprocity could be felt in their views and presentations, and the fact that they are close to the ‘build homes, not empires’ vision,” said Ondrej Polak, executive director of the newly-founded Czech Blockchain Association, who also describes himself as a practicing technology optimist and AI advocate.
ETHPrague 2023 was held at Paralelní Polis in the Czech Republic
Pavel Sinagl
Ligocky had a similar reaction to ETHPrague, saying it reaffirmed his belief that “the future of the internet is being reshaped by a vibrant global community of visionaries, developers, and entrepreneurs.”
“The sense of community and shared purpose was truly inspiring, as we collectively strive to unlock the limitless possibilities that lie ahead in this decentralized frontier,” continued Ligocky.
“ETHPrague is just the beginning,” he said, adding that they’re working on more events across Europe for teams that share the same vision.
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Environment
Solar overtakes coal in the EU, and gas declines for 5th year running
Published
3 hours agoon
January 22, 2025By
adminSolar generated 11% of EU electricity in 2024, overtaking coal which fell below 10% for the first time, according to the European Electricity Review published today by think tank Ember.
EU gas generation declined for the fifth year in a row, and total fossil generation fell to a historic low.
“Fossil fuels are losing their grip on EU energy,” said Dr Chris Rosslowe, senior analyst and lead author of the report. “At the start of the European Green Deal in 2019, few thought the EU’s energy transition could be where it is today; wind and solar are pushing coal to the margins and forcing gas into structural decline.”
The European Electricity Review published today by global energy think tank Ember provides the first comprehensive overview of the EU power system in 2024. It analyzes full-year electricity generation and demand data for 2024 in all EU-27 countries to understand the region’s progress in transitioning from fossil fuels to clean electricity.
Wind and solar continue their meteoric rise in the EU
The EU power sector is undergoing a deep transformation spurred on by the European Green Deal. Solar generation (11%) overtook coal (10%) for the first time in 2024, as wind (17%) generated more electricity than gas (16%) for the second year in a row.
Strong solar growth, combined with a recovery of hydropower, pushed the share of renewables to nearly half of EU power generation (47%). Fossil fuels generated 29% of the EU’s electricity in 2024. In 2019, before the Green Deal, fossil fuels provided 39% of EU electricity, while renewables provided 34%.
Solar is growing in every EU country and more than half now have either no coal power or a share below 5% in their power mix. Coal has fallen from being the EU’s third-largest power source in 2019 to the sixth-largest in 2024, bringing the end into sight for the dirtiest fossil fuel. EU gas generation also declined for the fifth year in a row (-6%) despite a very small rebound in power demand (+1%).
The EU is reaping the benefits of reduced fossil fuel dependency
The surge in wind and solar generation has reduced the EU’s reliance on imported fossil fuels and its exposure to volatile prices since the energy crisis. Ember’s analysis found that without new wind and solar capacity added over the last five years, the EU would have imported an additional 92 billion cubic meters of fossil gas and 55 million tonnes of coal, costing €59 billion.
“While the EU’s electricity transition has moved faster than anyone expected in the last five years, further progress cannot be taken for granted,” continued Rosslowe. “Delivery needs to be accelerated particularly in the wind sector, which has faced unique challenges and a widening delivery gap. Between now and 2030, annual wind additions need to more than double compared to 2024 levels. However, the achievements of the past five years should instil confidence that, with continued drive and commitment, challenges can be overcome and a more secure energy future be achieved.”
Walburga Hemetsberger, CEO of SolarPower Europe said: “This milestone is about more than just climate action; it is a cornerstone of European energy security and industrial competitiveness. Renewables are steadily pushing fossil fuels to the margins, with solar leading the way. We now need more flexibility to kick-in, making sure the energy system is adapting to new realities: more storage and more smart electrification in heating, transport and industries.”
Read more: China installed a record capacity of solar and wind in 2024 – in numbers
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Environment
Elon Musk is a ‘Tesla founder’, but he isn’t behind its main innovation
Published
4 hours agoon
January 22, 2025By
adminElon Musk is technically a “founder” of Tesla, as per a court settlement. He deserves credit for Tesla’s succes, but it is true that he isn’t behind Tesla’s main innovation.
While I’m no fan of Elon Musk, I care more about the truth than smearing him, which is not the case for a lot of his haters. One of their go-to lies they like to repeat is that he is not a “founder” of Tesla.
It’s something they use to try to discredit his achievements: “He isn’t a founder or inventor. He just buys ideas from others.”
While there’s some truth to it, it’s not the whole truth. I felt like it would be essential to set the record straight.
The early story of Tesla
Tesla was officially incorporated on July 1, 2003, by Martin Eberhard and Marc Tarpenning with the goal of building an electric vehicle manufacturer that is also a technology company – an idea that is still core to Tesla today.
In investment materials, Eberhard and Tarpenning’s early Tesla stated a goal to develop core technologies related to “the battery, the computer software, and the proprietary motor.” These are still Tesla’s core technologies today.
But Tesla’s most important innovation was the use and packaging of cylindrical li-ion battery cells, previously mainly used in consumer electronic products, like laptops, in large battery packs for electric vehicles.
That was really a game changer and it’s an idea that precede Elon Musk’s involvement with Tesla.
While incorporated in 2003, Eberhard and Tarpenning had been working on the idea for a while. They had previously founded NuvoMedia where the two founders built of an early handheld device, the Rocketbook, an ebook reader, back in 1996.
They sold the company in 2000, but before that, they were working on the next-generation of their ebook and in sourcing the batteries, they noted some impressive improvements in the capacity and cost of li-ion battery cells.
The two engineers had serious concerns about climate change and oil import. They did the math and concluded that powering transportation with batteries using renewable energy would have a significant impact on reducing emissions and climate change.
Tesla didn’t invent electric cars. They had been around for 100 years by the time the company was founded, but they required making compromises compared to fossil fuel-powered vehicles, which prevented them for gaining in popularity.
That was Tesla’s difference-maker: making cars with the latest li-ion battery cells developed for consumer electronics, resulting in electric vehicles without compromises.
This core idea were reflected in Eberhard’s guiding principles for Tesla:
1) An electric car should not be a compromise. With the right technology choices, it is possible to build electric cars that are actually better cars than their competition.
2) Battery technology is key to a successful electric car. Lithium ion batteries are not only suitable of automotive use; they are game-changing, making decent driving range a reality.
3) If designed right, electric cars can appeal to even the most serious car enthusiast, as electric drive is capable of seriously outperforming internal combustion engines.
That has been the basis of Tesla’s success. The idea of leveraging the incredible progress with li-ion batteries in the 1990s to deliver electric vehicles with no compromise.
This was Tesla’s core innovation. It sounds simple, but it took incredible work. No battery manufacturer wanted to build li-ion cells for EVs, so Tesla had to buy off-the-shelves cells meant for laptops and package thousands of these cylindrical cells into battery modules and packs that could be viable in a car. It’s an idea that had never been done before.
And an idea is worth nothing without execution.
Tesla couldn’t have happened without Elon Musk
Musk claims that his interest in electric vehicles predates Tesla. There’s no reason not to believe him, but there’s no evidence that he had anything to do with the abovementioned concept.
In fact, before his foray into Silicon Valley’s internet startup boom, Musk went to Stanford University to study supercapacitors, which he claims he did with the hope of using them in electric vehicles. This would suggest that he thought supercapacitors would be the future of EVs rather than Li-ion batteries.
Musk and Tesla got together through a company called AC Propulsion.
AC Propulsion pioneered the resurgence of electric vehicles and built the tZero electric sports car in the 1990s.
First, it used lead-acid batteries like its predecessors, but the company converted it to lithium-ion battery cells in the early 2000s. It’s not clear who had the idea first or if it was parallel thinking, but we do know that AC Propulsion and Eberhard were in contact during the conversion.
Eberhard tried to convince AC Propulsion to commercialize the new tZero, but the company refused because it focused on another product. That’s when Eberhard and Tarpenning decided to launch Tesla.
How did Musk come into the picture?
Musk, who was working on SpaceX at the time, was contacted by JB Straubel, a young electrical engineer with a longstanding interest in electric vehicles, including building his own Porsche EV in his garage.
Fresh out of school, Straubel was working on high-altitude hydrogen-powered electric aircraft at the time—something that was of interest to Musk, so they got together. The conversion eventually pivoted to electric vehicles, and Straubel, being deeply connected in this small world, made Musk aware of AC Propulsion.
They test-drove the tZero with lithium-ion batteries, and Musk was sold. Like Eberhard, he tried to convince AC Propulsion to commercialize the product. Tom Gage, AC Propulsion’s CEO, again refused, but since they were thinking the same way, he connected Musk to Eberhard, who had just launched Tesla with Tarpenning, along with Ian Wright, who had joined the two engineers.
A few months later, in February 2004, Musk led Tesla’s series A investment round, with $6.5 million of the $7.5 million coming from his pockets.
Eberhard became CEO, and JB Straubel, who, despite his young age, had the most experience building electric cars, joined as Chief Technology Officer.
Musk was busy with SpaceX, but he was more active within Tesla than simply being an investor and board member.
As Tesla was working on the Roadster, Musk led several other rounds of financing, providing a large part of the funding himself.
Things turned for the worse in 2007. Tesla was having issues bringing the Roadster to production within its budget. The move to use the Lotus Elise chassis proved to be a mistake, and by the end, the Tesla Roadster had only shared 6% of its parts with the Elise, as most of it had to be reworked.
In the summer of 2007, the board, led by Musk, asked Eberhard to step down. Several interim CEOs followed before Musk took over himself in 2008.
Eberhard fully left the company, and in 2009, he sued both Tesla and Musk for ousting him. Both sides accused each other of being behind Tesla’s problems, and Eberhard claimed Musk was “rewriting history” as if he had founded Tesla himself.
Ultimately, a judge dismissed part of Ebarhard’s lawsuit, and then both parties settled and agreed that five people could call themselves co-founders at Tesla: Eberhard, Tarpenning, Wright, Musk, and Straubel.
Electrek’s Take
Now, in a civil case like this, the outcome is not necessarily the most just. Generally, those with the most money and the best lawyers win.
So, I’m not going to claim that there’s no value in questioning whether or not Elon is truly a Tesla founder. I get that there’s nuance here, but all parties involved have settled the matter. My main point is that it doesn’t really matter.
Tesla’s core idea was to create an electric vehicle without compromise by leveraging improvements in lithium-ion battery cell technology. However, all evidence points toward Musk’s not being involved with this core idea.
With that said, we need to give credit where credit is due. He recognized it as a good idea and put more money into making it happen than any was willing to do at the time.
Therefore, you could make the argument that Tesla wouldn’t have happened with Musk – making the founder argument moot.
After that, you also have to give some credit to Musk for Tesla’s success. He has been the CEO since 2008 and the company accomplished incredible things under his leadership. They succeeded in making EVs mainstream and pushed the industry to transition to battery-electric vehicles.
To this day, it is Musk’s original ‘Tesla Secret Master Plan’ in 2006 that convinced me Tesla would be the company to bring EVs into the mainstream. The plan made sense, and it was executed under his leadership. He took the original idea, fleshed it out, financed it, and then led the team that made it happen.
The last point is important because that’s where I start to agree with Musk’s naysayers again. Musk’s fans like to claim that he is some sort of engineering genius. Jamie Dimon just called him “our Einstein”. While I can admit that Elon is smart and has an above-average understanding of many physics and engineering principles, comparing him to one of the most impactful theoretical physicists of all time is pure madness.
While Musk has made technical contributions to Tesla, I think they are often overblown by his fanbase and Tesla’s team doesn’t get enough credit. JB Straubel, Tesla’s longtime Chief Technology Officer until 2019, and his teams should get the vast majority of the credit for the technical contributions and advancements to battery technology and power electronics that made Tesla successful.
There are too many to name them all, but I have been reporting on Tesla for more than a decade. Through my reporting, sources have praised people like Straubel, Drew Baglino, Kurt Kelty, Colin Campbell, Peter Rawlinson, Charles Kuehmann, Alan Clarke, Dan Priestley, Lars Moravy, David Zhang, Evan Small, and Franz von Holzhausen for their contributions to Tesla.
In short, yes, it’s OK to say Elon Musk co-founded Tesla. Yes, he had a critical role in the company’s survival and success, but I also think it’s fair to say that he wasn’t behind Tesla’s main innovation, and the company’s top talents don’t get nearly enough credit for delivering on the mission.
The mission to accelerate the world’s transition to sustainable energy is a beautiful one and it is what attracted much of the top talent at Tesla.
Unfortunately, Musk’s leadership over the last few years has steered Tesla away from that mission, which is my main worry about the company.
Regardless, I wanted to set the record straight on his contribution before he completely destroys his own reputation and credibility.
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Environment
Nissan drops plans to bring a Rogue-like electric SUV to the US
Published
5 hours agoon
January 22, 2025By
adminNissan confirmed it is again delaying EV production at its Canton, Ohio plant. According to sources, it is also dropping plans to build an electric SUV similar in size to the Rogue Sport in the US.
Nissan cancels its smaller electric SUV for the US
Although Nissan initially planned to begin EV production at its Canton, Ohio plant this year, the company is pushing it back until at least 2028.
According to the Madison County Journal, a Nissan official confirmed the delay last week. Amanda Plecas, Senior Manager of Manufacturing and Labor Communications Nissan Group of the Americas, said the company hopes to produce five EVs starting in 2028.
“Nissan remains committed to the future of mobility and electric vehicle production,” Plecas said. The official explained that the Canton plant will “transform into a Nissan Intelligent Factory” for EV production.
In February 2022, the company announced a $500 million investment in Canton to build two new Nissan and Infiniti EV models starting in 2025.
The other three electric models were expected to be crossover or SUVs. Last May, Nissan unveiled plans to build a smaller electric SUV, expected to sit between the LEAF and Rogue, as its fifth EV in Ohio.
A separate report from Automotive News suggests that this will no longer be the case. Sources said Nissan notified suppliers that it wouldn’t be building the electric SUV in Canton. According to AutoForecast Solutions, the new EV will only be built at Nissan’s Sunderland, UK plant.
Nissan spokesperson Brian Brockman said the company is focusing on other EV projects in Canton that would sell better.
Nissan, including Infiniti, has watched its US market share dwindle to 5.8%, down 2.1% over the past five years, as per Automotive News Research & Data Center.
AutoForecast Solutions vice president Sam Fiorani said another smaller electric SUV from Nissan would only add to an already crowded market with new models arriving from Hyundai, Kia, and Volkswagen.
Electrek’s Take
The news comes as Nissan struggles to keep pace not only in the US but globally. The automaker announced plans to team up with Honda to remain relevant as EV leaders like BYD and Tesla gain market share.
Nissan sold just over 31,000 EVs in the US last year, including 19,798 Ariya electric SUVs and 11,226 LEAF models. In comparison, Honda sold over 33,000 electric Prologue SUVs in the US in 2024, and deliveries began in March.
The Ariya is already competing against top sellers like the Tesla Model Y and Hyundai IONIQ 5. With a wave of new electric SUVs gaining momentum in the US, including the Chevy Equinox EV, Honda Prologue, and Kia EV9, Nissan would be late to an increasingly crowded segment.
Nissan hopes its next-generation EVs, like the upcoming LEAF, will help turn things around. Last week, we finally caught a glimpse of the new Nissan LEAF testing in the US ahead of its official debut (Check it out here).
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Sports3 years ago
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Environment2 years ago
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Business2 years ago
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