Elon Musk's Reaction After Tesla Just Lost Some Of Its Most Important Executives 

EX-Tesla staff here. After finding out my badge didn't work this morning. I wanted to find out what was going on. And like always NO ONE knows what's going on. My boss didn't know NOR anyone above him knew. We were all pretty much blindsided. If I was in Elons shoes, I would take the Nintendo route to improve moral. take a HUGE cut from my salary/investments and give back to the company so my company would thrive and work harder. creating a caring environment. But that's just me.

The same happened in Starlink (SpaceX), and they kicked out people like garbage forcing most of them to sign a draconian contract ("Termination Agreement")... many people who are till refusing to sign it are being threatened....

Musk is why I didn't buy a Tesla, and bought a different ev instead. Musk is problem for Tesla.

So when the Boy Wonder takes TSLA from $400/share to $100/share Guts the price of his flagship Model Y by $21,000 in less than 2 years taking it from a premium category to a compact category and wants $55 billion to do so There are predictable consequences that we are witnessing firsthand

The kiss of death Tesla going down

Nothing will change.

If I was in Elon's position I would shut my political mouth, hire a team to handle consumer concerns, and offer great insurance rates to anybody using FSD.

EVs are dead, until better technology is implemented and that includes Tesla.

Elon Musk does not wholly own Tesla. He has like 20%? It means 80% is owned by other shareholders. Being a publically listed company a CEO has certain fiduciary responsibilities that must follow various rules and requirements. The board of directors is tasked with ensuring senior leadership is acting in the best interests of the company and it's share holders. Both CEO and the BOD are not performing this responsibility as well as envisioned. Tesla (at the moment) is a car company. The focus needs to be aimed with that in mind as it's revenue from car sales that provide resources to pursue technologies that will commercialize in the future. Tesla is targeting two steps ahead with resources poured into future revenue opportunities while depending too heavily on 3/Y to generate the sales to fund everything. This is too risky and it's playing out. Tesla needs a product portfolio that "accelerates the world to sustainable energy". Also the aspiration of selling 20 million cars by 2030 has been allowed to drop from the radar. A broader portfolio is needed to ensure car sales are robust enough to fund the operations that now are too heavily focused on "tomorrow". Finally Tesla has (to their own admission) reported 2024 to be a "gap year". This is simply poor management. Elon Musk admires many of the Chinese automakers. He would be wise to understand some of their goals as "car companies" and product breadth. If I were on the board of Tesla I would explore a Co CEO structure. Elon is a brilliant man. But he sometimes seems to view Tesla as his" toy box". A high ranking Co CEO with true responsibilities to shareholder consideration and annual growth goals is needed to balance Elon. My "2 cents" which means nothing to anyone but just shared for fun and support of this channel. 😊

The bloom is off the EV rose. Reality about EV limitations and inconveniences is dawning on consumers.

Not surprising with this economy...

Tesla is building a powerful competitor

I worked at SpaceX and it was very stressful to work for Elon. He expects everyone to be workaholics like him. The perks are great but I routinely worked 12hrs a day which included Saturdays plus half a day on Sundays. That’s why they want to spend more time with family. Layoffs are routinely done to get rid of dead wood at most high tech companies. That’s nothing new, and does necesarily mean that they are in trouble.

IMO, Musk is more at fault than anybody for Tesla’s business predicament. Failure to prioritize a basic, inexpensive EV was a massive miscalculation. Expensive, luxurious, high performance cars make little sense when battery technology just isn’t good enough yet. Besides, there isn’t an inexhaustible pool of potential buyers for such vehicles anyway. So Musk has oversold and under delivered. Tesla’s biggest problem is more that the stock price was juiced too much and now people are catching on, in a big way, to the unwarranted hype…. Anybody who invested in Tesla within the last couple of years has lost big time. Finally, Tesla is still profitable so why a need to save on salaries???? Seems that getting more stuff designed, debugged and in production quicker requires more people rather than fewer. This RIF proves that Tesla has a demand problem.

Elon: "Let that sink in"...

One way to keep loyalty

The Titanic Captain starring Elon Musk

We have been in a recession for many many months it looks like the near future will be a depression no wonder he has to get rid of 10% of his Workforce he's not the government he can't just print more money/ payroll whenever he feels like it.

History of the car 🚗 industry, ballyhoo and hype!

Did VW not do the same ?

Elon is toxic for his brands now. He needs to step down.

This should be good news for the other car companies, I would pick him up.

Wow, I never though Drew would have been ousted, he will find another job in the blink of an eye

Lean & Mean that's Tesla's Success story.

Oh well.

Elon is just applying his genius strategy that proved so successful at Twitter. What can possibly go wrong? It's done with the best of intentions.

Tesla Unplugged

Is wear if you lay off people then thebstock should go up. All is wierd.

The future of Tesla is bright but making cars will not be at the top of the tree but FSD leasing will be! However, that might still be surpassed by Optimus but the need to produce cars will take a step back.

The late Charlie Munger got ✅️ right😢😮 !!

I SUPPORT ELON. Many companies MUST reduce production or staff because of a temporary demand slump. Blame interest rates, the economy, Cybertruck ramp and maybe the slow perfection of the 4680 batteries. ALL EV sales are down worldwide. LUCID and RIVIAN stock is down 90%+. I bet you dont realize that TSLA is up 14,000%. Every major domestic and foreign ICE maker's EVs are in the tank. BYD (the Chinese company directly supported by the govt) has dropped production dramatically. I am GLAD this 'shakeout' is happening. I own 7750 shares at $219 basis. I will buy more if it drops to low $100's.

Welcome to the car business Elon.

Excess of lazy not needed workers. Cant blame Tesla.

My friend I think Tesla is cutting jobs because of AI 😢

18 tesla years = 72 in other companies dumfoks. more over balino was cuttin coupons off instead fireing.

it is a management problem. maybe next time they will form a union? Elon is not a people person , his game his toys

Great Companies trim the fat on a regular basis. They keep the best which ends up in success.

They're cutting at the right time. Telsa has reached huge milestone in the past two years, it's time for older leaders to move on and bring in new blood for the next leg up.

Fire elon

Wake ELON up, can we?

Gigalayoff.

Elon Musk should go to Mars . . . Setting an example.

Old engineers become stagnant. Tesla needs new young fresh engineers with fresh Minds.❤❤🎉🎉

Elon needs to GO! he's is one weird mofo...not in a good way!

X WILL BE SHUT DOWN NEXT

😫👋🤔🤣🤣🤣

lol

One of the major reasons that the sales of Tesla slows down is the worldwide economy is not good at all.

Musk needs to go

None of these moves from key people at Tesla is nothing to worry about, time will show why, never forget don’t bet against Elon, he’s looking years ahead, while all others are panicking about the disruption Tesla is driving,

People are waking up! Tesla is overpriced, low quality, poorly designed and fast corroding! Once a Tesla, never again!!