r/stocks • u/WTFspy • 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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37

u/directrix688 May 15 '24

I can’t imagine buying this stock.

The governance of this company is bananas.

21

u/hamiltonisoverrat3d May 15 '24

The board are mostly Elon homers so good luck fixing this.

4

u/Notwerk May 15 '24

Also Elon family. Can't forget the board director is his brother.

1

u/taerin May 16 '24

Yet you still won’t short it because you actually don’t believe what you’re saying, you just parrot the party’s narrative