Tuesday, April 30, 2024

"Elon Musk issues brutal email to Tesla staff as he goes 'absolutely hardcore' and fires two senior executives, his entire Supercharger team, and moves to lay off hundreds more employees"

There's a reason for today's Tesla, Tesla, Tesla theme. Something's up. As noted April 23

It is possible that Mr. Musk knows more about electric vehicles and the retail market for electric vehicles than I do. And it is possible that he intuits something about the industry or the regulatory or government policy framework toward electric vehicles that he hopes to either guard against or take advantage of....

From the Daily Mail, April 30:

  • Elon Musk announced two senior executives were fired Monday night
  • The Tesla boss revealed he will go 'hardcore' with layoffs amid falling sales
  • He made a surprise visit to China Sunday promising driverless cars

Elon Musk fired two Tesla senior executives and announced plans to go 'absolutely hardcore' with layoffs, frustrated by falling sales and the pace of job cuts so far, according to a new report. 

The Tesla boss, who sat down with Chinese premier Li Qiang on Sunday promising an imminent roll-out of driverless cars in the country, sent a brutal email to senior managers Monday night, The Information reported.

Rebecca Tinucci, senior director of the electric vehicle maker charging infrastructure, and Daniel Ho, head of the new vehicles program, will leave on Tuesday morning, the report said.

Musk also plans to dismiss everyone working for Tinucci and Ho, including the roughly 500 employees who work in the Supercharger group.

'Hopefully these actions are making it clear that we need to be absolutely hard core about headcount and cost reduction. While some on exec staff are taking this seriously, most are not yet doing so,' Musk said....

....MUCH MORE

Today (so far):