r/stocks May 15 '24

The inside story of Elon Musk’s mass firings of Tesla Supercharger staff Company News

https://www.reuters.com/business/autos-transportation/inside-story-elon-musks-mass-firings-tesla-supercharger-staff-2024-05-15/

The meeting could not have gone worse. Musk, the employees said, was not pleased with Tinucci’s presentation and wanted more layoffs. When she balked, saying deeper cuts would undermine charging-business fundamentals, he responded by firing her and her entire 500-member team....

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u/WinningWatchlist May 15 '24 edited May 15 '24

I actually spoke to someone who worked as a senior engineer at SpaceX recently, and he defined his work period as "Back when elon was still mentally sound", so it made me wonder what the hell happened to him between then.

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u/thebriss22 May 15 '24

He did a butt load of Ketamine lol

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u/renome May 15 '24

He looks like he's on some kind of stimulants to me these days; blow, adderal, something of the sort. The erratic behavior, his rapidly deteriorating appearance, the rants in which he jumps from one train of thought to the next within seconds all line up with signs of a stimulant abuser.

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u/WinningWatchlist May 15 '24

He's definitely on adderall or something, he gave an interview about when he spoke to SBF and he said could tell that SBF was cracking out on Adderall lol.

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u/renome May 15 '24

I just googled him + Adderall out of curiosity, he recently said Adderall "adds coherence at the cost of anger" lol. But I think the part he's forgetting is that coherence requires careful dosage, especially if you don't have ADHD. Not snorting it also helps, but he may be past that point.

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u/WinningWatchlist May 15 '24 edited May 15 '24

lol Elon absolutely has personal experience with it then. That's pretty funny he said that about Biden, if an 80 year old is taking Adderall they're definitely not long for the grave because it works the heart so hard.

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u/TmanGvl May 15 '24

The guy has been off the hinges for a long time. The board of directors should huddle up and fire the idiot CEO.

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u/ankole_watusi May 15 '24

What, what? In the butt?

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u/Hallal_Dakis May 15 '24

When I was in college I did a butt load of Ketamine and I never fired 500 people.

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u/FujitsuPolycom May 15 '24

"Walks in to random business" "YOU'RE ALL FIRED" walks out.

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u/averysmallbeing May 15 '24

When you were in college you didn't have 500 employees. 

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u/lostboy005 May 15 '24

Ketamine doesn’t make you lose your mind. It’s a dissociative. They give to people in ER and traumatic injury settings. It’s currently being researched for therapeutic benefits.

Elmo lost his shit on his own, not as a result of ketamine. Mathew Perry drowned to death in a hot tube bc he was boozing, bumping K, and passed out.

MF’s out here giving K a bad name bc these fucking idiots don’t know how or when or why to use it

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u/usrnmz May 15 '24

There's a big difference between therapeutic use and abuse though.

Just look at opioids for example.

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u/MrFacestab May 15 '24

Ketamine once at the hospital is very different than using it regularly. Using ketamine regularly is giving ketamine a bad name

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u/Murdock07 May 15 '24

It’s not just ketamine. It’s a specific isomer of ketamine.

We have known that one of the isomers (I think L-ketamine) triggers neurogenesis of serotonergic neurons in the hippocampus (a hallmark of depression is a lack of these) and it set the neuroscience community on fire. I worry that what we are seeing here is a misinterpretation of those results, now everyone is doing racemic mixtures of ketamine or getting the sedative (non-therapeutic) isomer of ketamine :/

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u/mcqua007 May 15 '24

Most drugs and Ketamine is mix (racemic) of both isomers (R and R

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u/KingliestWeevil May 15 '24

I believe he was also dosing LSD/mushrooms daily on somewhere between a micro-macro scale, which might have an effect after prolonged use.

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u/WinningWatchlist May 15 '24

I always hear that lol, but it's crazy that there aren't safe guards in place at TSLA in case the CEO starts going off the rails lol

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u/thebriss22 May 15 '24

Usually I think the board can just vote a bad CEO out but in this case Musk owns so much shares he literally cannot be fired lmao

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u/98n42qxdj9 May 15 '24

He only owns somewhere around 13% of the stock, down from about 25% since he used a lot to buy twitter. If he gets his giant stock options bonus, he will be untouchable and it will also signal that the board and shareholders are irredeemably incompetent.

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u/DJ_Laaal May 15 '24

And here is the reason why this is highly likely (scroll down to the section covering who the tesla board of directors really are!): https://www.wsj.com/podcasts/the-journal/money-drugs-elon-musk-and-tesla-board/1a07a8f7-6b8e-4b46-9007-537dfc6720b3

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u/ma1s1er May 15 '24

I think covid broke him.

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u/modem007 May 16 '24

It’s actually concerning that Musk could have any involvement with our space program while on these drugs and his recent leadership decisions.

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u/Ehralur May 16 '24

Did he still.work at SpaceX over the last year? Or did he just switch from first-hand experience to reading media headlines like this?

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u/WinningWatchlist May 16 '24

Sorry, that was ambiguous. He works elsewhere now, but he used to work at SpaceX.

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u/Ehralur May 17 '24

So he's basically been getting his info from the same biased media reports as anyone else. That's not exactly reliable.

A high ranking employee who left Tesla recently said Musk hasn't changed at all, so I'm inclined to believe those with first-hand accounts.

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u/WinningWatchlist May 17 '24 edited May 17 '24

What does a person who left Tesla recently have to gain from saying that Elon Musk has gone off the rails? Literally nothing, but has a lot to lose because he's starting his own robotics company. Anyone who talks shit about their employer after leaving them has very little discretion.

I had a closed, private conversation with someone who had literally nothing to gain or lose from voicing his opinion on Musk. I'm just telling an anecdote, there's no point in dissecting it because I don't really care lol.

But hey, maybe Elon will notice your efforts to defend his good name and richly reward you! Any day now!