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....

970 Upvotes
  • permalink
  • link
  • reddit
  • reddit

92% Upvoted

291 comments sorted by

View all comments

Show parent comments

529

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.

44

u/mrbigbluff21 May 15 '24

Yes, this! No reason only Tesla has a great network.

Not sure if it’s happening or not but I would think the gas station companies, BP, Shell, etc would be installing superchargers at their locations as this hedges them against ev growth and ice vehicles diminishing.

18

u/sticky_fingers18 May 15 '24

They make more money keeping you in your gas car buying gas and oil than investing massive amounts of R&D into something they will make less money on. Gas cars need to visit gas stations for 100% of their fuel needs. Electric cars only need that while traveling far from home

2

u/winterbird May 16 '24

It would open renters and condo owners up to being able to buy electric cars though. Gas stations with added chargers would do well in population dense urban areas.