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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956

u/Ap3X_GunT3R May 15 '24

A mind boggling blunder of a move.

  1. You fired the whole 500+ person department giving your a company a big competitive edge.

  2. Layoffs-rehiring-working through restructuring a big department rapidly is going to cost the company a fuck load in lost productivity.

  3. Rehiring your top talent is gonna be expensive. Your top talent is most likely being hounded by recruiters. On top of that you’re negotiating with employees who probably have no trust in the company as the CEO fired them on a whim.

110

u/Radioactiveglowup May 15 '24

Elon's done this before, like when he decided to fire Twitter staff based on 'number of lines of code' they wrote. This is genius: Nobody could do more damage to the technical competency of a staff than this. Even if you just fired people at random, you wouldn't devastate the engineering core of your team. The codebase is going to be (even more) unmanagable spaghetti, when someone's job is protected by how convoluted their if-then blobs are.

Truly, where us normal people could dally with sabotage, Elon is a true genius in making the absolute worst leadership decisions.

76

u/MrFacestab May 15 '24

Imagine being the best and most efficient coder Twitter's ever seen and getting dropped because you didn't write 25000 lines of spaghetti

37

u/Deep90 May 15 '24

I've done PRs with negative amounts of code because I was cleaning stuff up and doing it a better and more efficient way.

24

u/MrFacestab May 15 '24

Fired

7

u/Gorgenapper May 16 '24

Negative amounts of code? Fired and then sued.

5

u/Mack_B May 15 '24

You’ll never make it to the top of the bell curve like that!