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Who Owns Mercedes-Benz and Where Are Its Cars Made?

Who Owns Mercedes-Benz/techfullnews

Few automotive brands command the same level of prestige and admiration as Mercedes-Benz. Known worldwide for its luxury, innovation, and performance, Mercedes-Benz has been a pioneer in the automotive industry for nearly a century. From its iconic three-pointed star emblem to its cutting-edge engineering, the brand represents excellence and sophistication. But who owns Mercedes-Benz, and where are its world-renowned vehicles manufactured? Let’s explore the brand’s rich history, ownership structure, and global production network.

A Legacy of Innovation: The History of Mercedes-Benz


The origins of Mercedes-Benz trace back to 1926, when Karl Benz, Gottlieb Daimler, Wilhelm Maybach, and Emil Jellinek joined forces to create the company. However, its roots go even deeper. In 1886, Karl Benz invented the Patent Motorwagen, widely recognized as the world’s first gasoline-powered car. Around the same time, Gottlieb Daimler and Wilhelm Maybach were developing their own revolutionary engines.

The name “Mercedes” was trademarked by Emil Jellinek in honor of his daughter, Mercedes Jellinek. Jellinek, a forward-thinking entrepreneur, marketed these early vehicles to the elite, including billionaires like John Jacob Astor and J.P. Morgan, solidifying the brand’s reputation as a symbol of luxury and success.

In 1926, Benz & Cie. and Daimler-Motoren-Gesellschaft (DMG) merged to form Mercedes-Benz. The iconic three-pointed star emblem, introduced in 1909, became the brand’s official logo after the merger. Over the decades, Mercedes-Benz has led the way in automotive innovation, introducing groundbreaking technologies such as the first fully independent suspension (1931), the Anti-lock Braking System (1978), and advanced features like Car-to-X Communication.

Who Owns Mercedes-Benz Today?

Mercedes-Benz operates under Mercedes-Benz Group AG, a publicly traded company headquartered in Stuttgart, Germany. Formerly known as Daimler AG, the company rebranded in 2022 to emphasize its focus on luxury vehicles and electric mobility.

As a publicly traded entity, Mercedes-Benz Group AG has nearly 1 billion shares distributed worldwide. Its ownership structure includes several key stakeholders:

BAIC Group: The Chinese automotive conglomerate holds a 9.98% stake, making it the largest shareholder.

Li Shufu (Geely): The founder of Geely, a Chinese automaker, owns a 9.69% stake through Tenaciou3 Prospect Investment Limited.

Kuwait Investment Authority: A long-term investor, the Kuwaiti sovereign wealth fund has held shares in the company since 1974.

While these international entities hold significant stakes, Mercedes-Benz remains deeply rooted in its German heritage, with its headquarters and primary operations centered in Stuttgart.

Where Are Mercedes-Benz Cars Made?

Mercedes-Benz operates a global manufacturing network, with production facilities strategically located across five continents. Each plant specializes in specific models, ensuring the highest standards of quality and efficiency. Here’s a look at some of the brand’s key production sites:

Germany: The Heart of Mercedes-Benz Production

Bremen Plant: Operational since 1978, this facility has produced over 10 million vehicles, including the C-Class, GLC, and electric models like the EQE. It also manufactures high-performance AMG models such as the SL roadster and AMG GT.

Sindelfingen Plant: One of the oldest and most advanced facilities, dating back to 1915, it produces luxury models like the E-Class, S-Class, Maybach S-Class, and the all-electric EQS. The plant is home to Factory 56, a state-of-the-art assembly hall that sets new standards in automotive manufacturing.

Rastatt Plant: Since 1992, this facility has focused on compact models, including the A-Class, B-Class, GLA, and the electric EQA.

United States: A Hub for SUVs and Luxury Models

Tuscaloosa, Alabama: Since 1995, this plant has produced SUVs like the GLE and GLS, as well as the ultra-luxurious Maybach GLS. In 2022, it expanded to include electric SUVs such as the EQS and EQE.

China: Catering to the World’s Largest Automotive Market

Beijing Benz Automotive Co. (BBAC): A joint venture with BAIC Motor, this facility has been producing Mercedes-Benz vehicles since 2005. It specializes in extended-wheelbase versions of the C-Class, E-Class, and GLC, as well as electric models like the EQA, EQB, and EQE.

Hungary: Compact Models and Electric Vehicles

Kecskemet Plant: Opened in 2021, this facility produces compact models like the A-Class, CLA Coupe, and the entry-level EQB electric SUV. It is unique for assembling vehicles with combustion engines, plug-in hybrids, and fully electric drivetrains on the same production line.

South Africa: Supporting Global Demand

East London Plant: Since 2021, this facility has played a crucial role in the global supply chain by producing C-Class sedans for both left- and right-hand drive markets.

Mercedes-Benz’s Commitment to Innovation and Sustainability


Mercedes-Benz is not just a leader in luxury and performance; it is also at the forefront of sustainability and innovation. The company has set ambitious goals to achieve carbon neutrality across its production network by 2039. Its investments in electric mobility, such as the EQ lineup, and advanced manufacturing technologies like Factory 56, demonstrate its commitment to shaping the future of the automotive industry.

Mercedes-Benz is more than just a car manufacturer; it is a symbol of excellence, innovation, and luxury. With a rich history dating back to the invention of the automobile, the brand continues to push boundaries under the ownership of Mercedes-Benz Group AG. Its global production network, spanning Germany, the United States, China, Hungary, and South Africa, ensures that every vehicle meets the highest standards of quality and craftsmanship.

Whether you’re driving a sleek C-Class sedan, a powerful AMG GT, or an eco-friendly EQE, you’re experiencing the legacy of a brand that has defined automotive excellence for over a century. As Mercedes-Benz embraces the future of electric mobility and sustainable manufacturing, its commitment to innovation and luxury remains unwavering.

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In late 2023, The Wall Street Journal dropped a bombshell report claiming Tesla’s board had quietly initiated a search for Elon Musk’s successor as CEO. According to anonymous sources familiar with the matter:

  • The board allegedly began the process approximately one month before the report
  • Multiple executive search firms were contacted, with one firm reportedly selected to lead the process
  • Directors supposedly urged Musk to publicly commit more time to Tesla

The timing is critical. This alleged search coincided with:

  • Tesla’s first year-over-year delivery decline since 2020 (8.5% drop in Q1 2024)
  • A 13% decline in annual revenue – the first since 2017
  • Musk’s increasingly polarizing political engagements

Tesla’s Furious Rebuttal and the Credibility Battle

Within hours of publication, Tesla launched an aggressive counterattack:

1. Official Statement from Chair Robyn Denholm:

  • Called the report “absolutely false”
  • Claimed the board remains “highly confident” in Musk’s leadership
  • Alleged the WSJ was informed of this before publication

2. Musk’s Personal Response:

  • Accused WSJ of “EXTREMELY BAD BREACH OF ETHICS”
  • Claimed the paper ignored Tesla’s “unequivocal denial”

Journalistic Standoff:
The WSJ maintains it:

  • Reached out to Musk for comment (received no response)
  • Never received any pre-publication statement from Tesla

This credibility battle raises serious questions about:

  • The independence of Tesla’s board
  • The reliability of anonymous sourcing
  • Musk’s increasingly adversarial relationship with mainstream media

Deep Dive: Tesla’s Board Composition and Governance Concerns

Tesla’s eight-member board has long faced criticism for its close ties to Musk:

Notable Members:

  1. Kimbal Musk (Elon’s brother)
  2. James Murdoch (son of media mogul Rupert Murdoch)
  3. Ira Ehrenpreis (venture capitalist, Tesla director since 2007)
  4. Robyn Denholm (Chair since 2018)

Governance Red Flags:

  • Lack of Independence: 5 of 8 directors have served over 10 years
  • Compensation Controversy: Approved Musk’s $56B pay package (later voided by court)
  • Recent Insider Selling: Denholm sold $50M+ in shares over 90 days

Expert Perspective:
“Tesla’s board fails nearly every test of good corporate governance,” says Charles Elson, founding director of the Weinberg Center for Corporate Governance. “The level of entrenchment and lack of independent oversight is unprecedented for a company of this size.”

The Five Critical Challenges Facing Tesla’s Leadership

1. The “Key Person” Risk

Musk isn’t just CEO – he’s Tesla’s:

  • Chief product architect
  • Primary technology visionary
  • Main public spokesperson

Succession Planning Reality:

  • Apple began grooming Tim Cook years before Steve Jobs’ passing
  • Microsoft had Satya Nadella in leadership pipeline before Ballmer’s exit
  • Tesla has no publicly identified successor

2. Musk’s Divided Attention

The billionaire currently oversees:

  • SpaceX (CEO)
  • Neuralink (Founder)
  • The Boring Company (Founder)
  • xAI (Founder)
  • X/Twitter (Owner)

Time Allocation Impact:

  • 2023 analysis shows Musk spent <40% time at Tesla
  • Critical product launches (Cybertruck, Roadster) repeatedly delayed

3. Brand Erosion and Political Polarization

Musk’s recent activities:

  • Endorsed conservative political candidates
  • Acquired Twitter and reinstated banned accounts
  • Made controversial statements on gender, COVID, and other hot-button issues

Consumer Impact:

  • 2023 survey showed 18% drop in brand favorability among Democrats
  • 7% increase among Republicans (showing increasing politicization)

4. Operational Challenges

Production Issues:

  • Cybertruck production at 25% of targets
  • Model 3 Highland refresh delayed in North America

Financial Pressures:

  • Operating margins fell from 19% (2021) to 8% (2023)
  • $18B debt load with rising interest expenses

5. Technological Crossroads

Autonomy Delays:

  • Full Self-Driving (FSD) still at Level 2 after 10+ years
  • Major competitors (Waymo, Cruise) deploying robotaxis

Battery Innovation:

  • 4680 cells not meeting energy density targets
  • Chinese competitors achieving faster charging speeds

Potential Succession Scenarios and Implications

Internal Candidates Analysis

1. Drew Baglino (Former SVP Powertrain & Energy)

  • Strengths: Deep technical expertise, 18-year Tesla veteran
  • Weaknesses: Limited public-facing experience, resigned April 2024

2. Tom Zhu (SVP Automotive)

  • Strengths: Turned around China operations, production expert
  • Weaknesses: Limited autonomy/AI experience

3. Lars Moravy (VP Vehicle Engineering)

  • Strengths: Product development leader, respected internally
  • Weaknesses: Unknown strategic vision

External Possibilities

Wildcard Option:
Could Tesla recruit an auto industry veteran like:

  • Jim Farley (Ford CEO)
  • Herbert Diess (Former VW CEO)

Tech Industry Options:

  • Jennifer Tejada (Former PagerDuty CEO)
  • Gwynne Shotwell (SpaceX COO)

Investor Perspectives: What the Street Is Saying

Bull Case:

  • “Musk is irreplaceable as a tech visionary” – Dan Ives, Wedbush
  • “Succession planning doesn’t equal imminent change” – Adam Jonas, Morgan Stanley

Bear Case:

  • “The board has failed shareholders by not planning sooner” – GLJ Research
  • “Tesla needs an operational CEO to complement Musk’s vision” – Bernstein

Institutional Investor Sentiment:

  • Vanguard and BlackRock both supported shareholder proposals for better succession planning
  • 32% of votes favored independent chair proposal in 2023 (up from 26% in 2022)

Historical Precedents: Lessons From Tech Leadership Transitions

Successful Transitions:

  1. Microsoft (Ballmer → Nadella)
    • Key: Clear succession pipeline
    • Result: $500B+ value creation
  2. Apple (Jobs → Cook)
    • Key: Multi-year transition period
    • Result: Maintained innovation while scaling

Failed Transitions:

  1. Uber (Kalanick → Khosrowshahi)
    • Issue: Crisis-driven change
    • Result: Years of instability
  2. WeWork (Neumann → SoftBank takeover)
    • Issue: No planning
    • Result: Near-collapse

The Path Forward: Strategic Recommendations

For Tesla’s Board

  1. Formalize Succession Plan
    • Identify 2-3 internal candidates
    • Establish mentorship program
  2. Enhance Governance
    • Add independent directors
    • Separate Chair/CEO roles
  3. Manage Transparent Communication
    • Public roadmap for leadership development
    • Clear timelines for any transitions

For Investors

  1. Monitor These Key Metrics:
    • Musk’s time allocation (via jet tracking, public appearances)
    • Board refreshment (any new independent appointments)
    • Succession-related disclosures in next proxy statement
  2. Engagement Priorities:
    • Push for formal succession committee
    • Advocate for board independence

Conclusion: Why This Matters Beyond Tesla

The Tesla leadership saga represents a case study in:

  • Founder-led company challenges
  • Board governance in disruptive tech
  • Investor rights in high-growth firms

As Ark Invest’s Cathie Wood recently noted: “The market isn’t pricing in the key person risk at Tesla. When that changes, it could be dramatic.”

The coming months will prove crucial. Will Tesla:

  • Double down on Musk’s leadership?
  • Begin a gradual transition?
  • Face a crisis-driven change?

One thing is certain: How Tesla navigates this challenge will shape not just its future, but the broader conversation about leadership in transformative companies.

Last night, an audacious new automaker named Slate Auto unveiled its first vehicle—a minimalist, no-frills electric truck designed to combat America’s obsession with oversized, overpowered vehicles. With a target price under $20,000 (after incentives), 150 miles of range, and stripped-back design, the Slate Truck is a bold experiment in right-sizing personal transportation.

But will it succeed in a market dominated by monster trucks and SUVs?


Why America’s Obsession With Bigger Trucks Is a Problem

1. The Rise of the “Land Yacht”

  • In 2024, trucks and SUVs made up 75% of new vehicle sales—up from just 50% a decade ago.
  • The average new car now weighs over 5,000 lbs (2.27 tons), with EVs like the Ford F-150 Lightning pushing 6,500 lbs.
  • Bigger vehicles = deadlier roads:
    • Pedestrian deaths surged 57% from 2013–2022 (NHTSA).
    • Trucks with tall hoods (40+ inches) are 44% more lethal (IIHS).

2. The “Compact Truck” Is Nearly Extinct

  • Ford Maverick (2024):
    • 199.7 inches long, 83.5 inches wide
    • Considered “small” by today’s standards
  • Slate Truck:
    • 174.6 inches long, 70.6 inches wide
    • Closer in size to a classic 1985 Toyota pickup

“Our roads are packed with roving land yachts. The Slate Truck is a throwback to when vehicles were sized for humans, not egos.”


Slate Truck: What You Get (And What You Don’t)

✅ The Good: Simple, Affordable, Functional

✔ **20KPriceTag∗∗–Halfthecostofanaveragenewcar(20KPriceTag∗∗–Halfthecostofanaveragenewcar(49,740).
✔ No Bloatware – No touchscreen, no stereo, no paint (keeps costs down).
✔ Smartphone-Centric – Uses a phone/tablet mount + basic gauge cluster.
✔ Practical Hauling – 1,433 lbs payload, 1,000 lbs towing (enough for most users).

❌ The Trade-Offs

  • 150-Mile Range – Fine for city use, but not for road trips.
  • No Luxury Features – If you want Apple CarPlay or a premium sound system, look elsewhere.
  • Aftermarket Customization Required – Want paint? A stereo? You’ll have to DIY.

Could This Be the Start of a “Small Truck” Revival?

Why the Timing Might Be Right

  • EV Incentives – Federal tax credits could keep prices under $20K.
  • Younger Buyers – Gen Z and Millennials prefer affordability over status symbols.
  • Urban Living – Smaller trucks are easier to park in cities.

The Biggest Challenges

⚠ Consumer Psychology – Will buyers reject a “cheap” truck in a premium-obsessed market?
⚠ Political Risk – A Trump win could kill EV tax credits, raising the price.
⚠ Production Realities – Most EV startups fail. Can Slate deliver by 2026?


Verdict: A Long Shot, But a Necessary One

The Slate Truck isn’t for everyone—but it doesn’t need to be. If even 5% of truck buyers opt for a smaller, cheaper, more efficient alternative, it could shift the auto industry’s trajectory.

Final Question:

Would you drive a $20K electric truck with no frills?

  • Yes, if it saves money!
  • No, I need more power/luxury.

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