this post was submitted on 03 May 2024

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Tesla

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About Tesla

Tesla Inc. (formerly Tesla Motors) is an energy + technology company originally from California and currently headquartered in Austin, Texas.

They produce electric vehicles (with a heavy focus on autonomy), batteries, and energy/solar products for the grid.

Tesla’s mission is to accelerate the world’s transition to sustainable energy.

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Tesla is already pulling back Supercharger plans after firing team (electrek.co)

submitted 7 months ago by [email protected] to c/tesla

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[–] [email protected] 7 points 7 months ago (1 children)

It just doesn't make any sense to me. It's like their best asset. I know layoffs are typically done to juice the stock, but does that work if the entire value proposition of the stock is based on earnings far in the future? Tesla is killing that exact future value proposition.

[–] Diplomjodler3 6 points 7 months ago

Rumour says, Musk fired the whole team because the person in charge pushed back on the layoffs. There's no corroboration afaik but it would be entirely in character for him.