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this post was submitted on 01 Dec 2024
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This is justification for wrecking 500 employee's lives? So he could show he's a tough business boy? In order to reassure people who've gotten over 50% returns for a decade? In a company that's "worth" more than the GDP of Saudi Arabia?
Investor confidence is so important to Musk because he knows Tesla is a bubble.
I’m pretty sure it was mainly to get rid of the exec that was leading the supercharger team because from what I remember she was doing a really good job and didn’t listen to him when he told her to lay people off or something. She was the reason NACS became a standard in the US. Really bad call on his end but hey gotta keep the ego big somehow.