- Elon Musk said Tesla engineers may have to sleep on the line to build the company’s next-gen EV.
- Tesla workers have previously said they slept on factory floors during production ramp-ups.
- Tesla is working on a mass-market EV, which it expects to start producing in 2025.
Got it, don’t buy any new Tesla until the production ramp is finished. Thanks for the warning!
Or after, they’re shit cars.
I’m not going to be shorting TSLA. I’m a firm believer in the adage that the market can remain wrong longer than you can remain solvent.
I really do feel like the blush is off the rose, though. I think Elon lost it sometime during the Model 3 supply chain fiasco, and that his very public decline has been accelerating ever since.
I just don’t know what happens to Tesla once this too fails. Virtually all of their valuation is based on the Trump-level hype machine that is Elon, so getting rid of him will crash the stock like a Tesla in self driving mode. On the other hand he’s very publicly circling the drain.
But that’s a sacrifice I’m willing to make. 🤑 🤑 🤑
Not sure it he’d do it again, but he slept at the factory during the model X ramp and the model 3 ramp.
Huge difference between a CEO doing it because he has no life and a line worker doing it because they have no other choice and have to worry that asshat CEO will raise a stink.
If I were a homeless in US, I’d take the challenge.
If you have to make people sleep on the job or be in meetings outside work hours (and you don’t have to for legitimate reasons like timezones), it means you’re either under-staffed, you have live/work balance issues, or you don’t care if you burn out your reports. Often, it’s all three.
Either way, it’s a clear sign of bad management.
