Elon’s insane stock incentive plan

Ross Gerber of Gerber Kawasaki via Twitter:

The Tesla comp package is insane. Elon makes nothing unless the stock almost doubles and he reaches $20 bil in rev or $1.5 bil in EBITA. If he does he makes like $400 mil in option gains. Then goes up in $50 bil increments of market cap. I like it! His strike is $350

I think Elon’s stock incentive plan will easily pass shareholder voting since ultimately I think it’s aligned with shareholder interest.

Tesla Autopilot2 side cameras reportedly in use in ghost mode

From Siggy101 via TMC:

One interesting point made by the service dude was that the last few updates have been significantly bigger in file size. He said that they used to need about 15 mins to transfer to the car over wifi in the SvC but recently they are between 1 and 2 hours.  He stated that since late December, the cars are now ‘using’ the 4 side cameras. By this, he clarified, the AP is now in ghost mode, not actively using them to influence the drive. When you brake, it checks if it wanted to brake. When you shift left in the lane, it checks if it would have done the same. etc etc. He said that he knows the cameras have just started being used as they had a flurry of service visits in January for cameras not working. They had in fact never worked but never needed to. There was even one where the cables were not plugged into the camera in the factory but had gone unnoticed until now as there were no calls for the camera to do anything. All that has changed now. Fingers crossed, this means that the learning will turn into doing in the near future.  I am aware this is not new news as this ghost mode has been discussed on here before but I thought I’d share how the service tech explained it to me. Sounds like progress to me.

Tesla has invited the first batch of non-owners reservation holders to configure and order their Model 3.  Some non-owners didn’t receive an email but went to their Tesla dashboard and found that they were able to order their Model 3.  Delivery is estimated at 3-6 weeks.

I’d imagine non-owner invites will go out to West Coast first and then spread nationwide, with long-range and premium package as standard.  I wouldn’t be surprised if the white interior is made an option very soon.