Volkswagen has reportedly sacked CEO Herbert Diess over software and other issues
Volkswagen has fired its chief executive, Herbert Dies, over the programs and a mix of other issues including upsetting the Porsche and Pech families, according to a report from Volkswagen. Automobilush. The report indicated that families no longer trust Dies to lead Volkswagen in the future.
The now ex-Volkswagen CEO who was also very pro-electric, was unexpectedly fired from the company two days ago.
Software problems and the Porsche and Peach families
according to Automobile, “The driving force” for the Dies to go were the Porsche and Bech families. Apparently, it has been on the nerves of families for a long time. The accusation that Porsche and Audi jeopardized the Cariad project by needing special requests upset the Porsche family.
Additionally, Diess shared his dissolution of Cariad at a meeting but presented it to the supervisory board only a week and a half later. The article asserted that this caused outrage.
It also indicated that Dess has not been completely expelled from the company since extending his contract last year until October 2025.
Thoughts by Brent Winton from ARK Invest.
ARK Invest’s Brett Winton shared his thoughts on the matter. He noted that OEMs still viewed software as a cosmetic cost center rather than a key performance differentiator. He said this would be their death.
– Brett Winton (@wintonARK) 24 July 2022
Elon Musk shoots Herbert Dees.
When asked before Tweet embed Sharing his thoughts on VW letting Diess go, Tesla CEO Elon Musk said the software is key to the future. This echoes what Brett Winton said.
Software is the key to the future
– Elon Musk 24 July 2022
Will Volkswagen be as professional as it was under Deiss?
I don’t know the answer to this question but I suspect no – not at the dis level. I’m sure they will be pro-EV enough to try to compete with Tesla but no more than that.
Elon Musk and Herbert Deiss respect each other. Last year, Elon Musk actually appeared at the 2021 Leadership Summit for VW Directors where the former VW CEO has now emphasized the importance of changing the company’s mindset in order to usher in new competition.
I don’t think the new CEO will be as publicly supportive of the Tesla CEO as Diess has been. Who do you know? I may be wrong. The future will be interesting.