More to the point, he cut the whole new vehicle development team too. Which pretty much leaves Tesla dead in the water.
Holy crap he is taking what he did at Twitter and applying it to Tesla. Good luck…
Yup.
But didn’t he just announce a whole new robotaxi thing? How can they build it without the new build team?
Will this be the incentive for stockholders to get rid of Elon? Or will they just let Tesla continue to wither?
The only people that have proven to be dumber than executives have been share holders.
They’ll probably suck Elon’s dick and give him another bonus if they buy his lame excuse he’ll definitely have on the next call.
They’ll get sold to BYD for peanuts, Elmo gets a huge check and the brand mutates into an offshoot with a disavowed back catalog of products.
Seriously, Tesla Board Members should be pelted with rocks and garbage for allowing this inevitability to happen. But they’ll all rake in millions too, so the only people getting shafted are the actual workers who were trying.
Almost read that as continue to twitter.
If Elon is kicked out of Tesla then it’s the first step towards Tesla stock being valued like a car company instead of massively overvalued like a speculative tech company. Share holders need to avoid that at all costs since that will result in a 5-8x drop. That’s why his insane ask for $56B wasn’t just laughed off. He knows he has leverage over them - they stand to lose more than 56B if he leaves. The problem is that while he stays, he 1) can’t shut the fuck up and 2) does dumb shit like this on a whim.
Well then, its a case of fraud that, when it compounds, will be unlike Enron. It will probably impact the market dramatically.
“we need to be absolutely hard core about headcount” musk slammed his execs.
I can absolutely think of 1 head detachment (figuratively or literally) that would fix most of the problems
This is totally the guy I want in charge of a manned mission to Mars. “Sorry Mars team, stock prices are down, gotta cut costs to improve our market position, so I’m letting you all go. I’m sending security robots to guard the rest of my land so don’t stray far from the tiny area you’re renting from me.”
Out of curiosity, what would happen to all of his money if he were to suddenly die?
I know many who work for Tesla and SpaceX would benefit, and that the earth would be slightly better without the stain of his existence. But what happens to the money?
It goes to whomever has simped the hardest for him on social media.
Shit, maybe I need to start simping super hard.
Hurry, you’ve got to make up a lot of ground to become king of the simps. His ego is a black hole capable of absorbing infinite amounts of fawning, baseless adoration. Hell, he completely reinvented himself the day he worked out that right-wing reactionaries set a lower bar.
Depends on his will and trusts. Impossible to guess.
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Surely this would be a great opportunity for a company in the EV space to take a close-knit and trained team, and to promote themselves as a Tesla successor that cares about American jobs?
Which is weird timing as Gov Newsom just announced something like tesla’s charging stations would be made available for all EVs? Wonder what the connection is here.
Ruining not just Twitter but also Tesla now. Such a genius…
You would think this would help the stock price but in fact its been mostly unchanged outside of some favorable after hours trading. The dumbass pretty much sank the one thing Tesla was excelling at. Imagine if you will, killing the golden goose out of hunger.
Elon does need a few more billion dollars…
