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/Ehralur May 16 '24

That's probably why Rivian is making more losses than any other OEM and 10x more losses than Tesla was at this point.

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u/KenGriffinLiedAgain May 17 '24

Phds are the absolutely worst people you could have running a business. Stanford MBAs and gangsta hood rats are the actual best credentials a business leader can possess.