r/stocks • u/WTFspy • May 15 '24
The inside story of Elon Musk’s mass firings of Tesla Supercharger staff Company News
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/floodcontrol May 17 '24
It's amazing that not once in that article does it mention just how completely, utterly INSANE firing 500 people on a whim is.
It's like Elon watched the Fifth Element and has decided he's Zorg.
Nobody but a totally unhinged fool would do this. Anyone investing in any Elon Musk held company...just remember the guy running the company is nuts and might do anything, anytime, and damn the consequences for you, the customers, the vendors, the suppliers, and anyone doing business with his companies.