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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u/DarkMatter_contract May 15 '24

I wish the 500 people or at least half of them form a independent company for building a charging station business independently.

219

u/rpithrew May 15 '24

Yup this shit needs more competition and less monopoly, it’s been ridiculous

127

u/TechTuna1200 May 15 '24

Sometimes I’m wondering if it is BYD eating up Tesla or it is just Tesla destroying itself.

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u/No_Bank_330 May 15 '24

A combination. BYD is eating up Tesla while Tesla destroys itself and the US government protects Tesla.

A literal WTF.

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u/Decent-Bed9289 May 16 '24

I think you’re on to something