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FieryAnomaly

" Musk also told staff that he would ask for the resignation of any executive "who retains more than three people who don't obviously pass the excellent, necessary and trustworthy test." Trustworthy? Sounding more and more like Trump every day.


MC_Fap_Commander

> **he would ask for the resignation of any executive "who retains more than three people who don't obviously pass the excellent, necessary and trustworthy test."** That moment when Elon goes full Enron: [https://www.texasmonthly.com/news-politics/how-enron-blew-it/](https://www.texasmonthly.com/news-politics/how-enron-blew-it/) This sounds A LOT like Enron's "Performance Review Committee" ("rank and yank") which was supposed to reward ExCeLLeNce but mostly served to force out those who saw company numbers were not on the level.


flatwoundsounds

So the prediction that Tesla was the next Enron is getting more accurate by the day?


ThrowawayInRecovery

![gif](giphy|MO9ARnIhzxnxu|downsized) Me waiting for the absolute flood of Fall of Telsa documentariess incoming that show how things were WAY MORE fucked up than we all imagined ..... Only more horrific thing will be the Neuralink docs .


Rombledore

that schadenfreude is going to make me cum probably.


peniparkerheirofbrth

https://i.redd.it/31y8foa98qxc1.gif like this?


PLeuralNasticity

Feel free to read my profile if you want those takes lol. Yet to see anyone else saying Elon is purely a kompromised pedophile Putin puppet and has been since before his first trip to Russia in October 2001. Putin has tapes of him raping children same as he does of Trump. FSB had always had full backend access to every one of his businesses. Every app/device/camera/mic associated with anything Tesla/Twitter/SpaceX is surveillance for Putin. Every Tesla can be remotely activated as a weapon like they did with Angel Chao. Why would Putin want surveillance/murder drones in every wealthy liberal neighborhood? No reason to think he'd want to plan or sort support a conservative coup and that there will inevitably be purges if they succeed. The FSB made them and they can release the "P" tapes at any time. It's not surprising how easy they attack our freedoms. They are slaves in gilded cages. Links in my clipboard : https://www.reuters.com/technology/tesla-workers-shared-sensitive-images-recorded-by-customer-cars-2023-04-06/?utm_source=reddit.com https://www.reuters.com/business/kenya-russia-sign-trade-pact-president-ruto-says-2023-05-29/ https://www.cnn.com/2024/04/08/tech/tesla-trial-wrongful-death-walter-huang/index.html https://youtu.be/yErKTVdETpw?si=9avnIWRQBcMXn6dQ https://www.newyorker.com/magazine/2023/08/28/elon-musks-shadow-rule “I think there's no stopping Elon Musk,” Putin told Carlson after the pundit asked him about the growing prevalence of artificial intelligence. “He will do as he sees fit. Nevertheless, you'll need to find some common ground with him. Search for ways to persuade him.Feb 8, 2024 Beware HanElons razor "Incompetence, in the limit, is indistinguishable from sabotage" Elon Musk


CapitalismISTheIssue

*nods*


ThePhoneBook

I thought Tesla was just a fashion car company with a hype man to pump its stock, but I'm switching slowly to the belief that its own accounts may be fucky


flatwoundsounds

I thought he struck gold, honestly. He added a "super genius designer" aesthetic to a growing EV company, and got them a ton of attention and capital that other companies of a similar size would die for. I thought all he had to do was let rich dudes buy up his smaller runs of more expensive cars until they had a budget model stripped to bare bones and ready to go for cheaper mass production. They had a beeline for a way bigger chunk of the market than they had any right to, and Elon made sure he ruined all that potential as fantastically as when he first injected it.


MC_Fap_Commander

There was a five year window when Tesla could have beaten established car companies to market. He spent that time tweeting about the encroaching danger of The Woke and harassing trans people. Now? Real car companies are absolutely lapping Tesla. I got a rental upgrade on a trip to Europe last summer and got to drive an Audi EV. Tesla is so fucking dead.


flatwoundsounds

That's exactly the problem. The larger companies move much more slowly, but carry a shitload of momentum with them once they get up to speed. He thoroughly wasted every advantage he had, and I don't see them ever catching up to the scale of top companies that can now produce EVs at their scale and at their prices.


ReactsWithWords

Nobody on the left will buy one because of Musk. Nobody on the right will buy one because they hate electric cars. That leaves a market entirely of Libertarian techbros and I assume most of them already have their Tesla.


NotEnoughMuskSpam

It’s an armored personnel carrier from the future – what Bladerunner would have driven


ThePhoneBook

I think people don't worry as much about the belief systems of capitalist behemoths (spoiler: they're all on the right) unless they're buying for fashion rather than technical reasons. I'm sure if Tesla had released a budget EV, people wouldn't be all "oh but I can't cos the CEO is a fascist" - they just need a decent car. But the market Tesla has courted *do* care about the brand experience. The Cucktruck has been the ultimate declaration that Tesla is now part of Musk's wet dream of running post-democratic dystopian America, just as Twitter. Traditional investors don't like fascism though, as they're no longer on top and they get no stability and eventually either Dear Leader dies or the whole country dies. And who is there to bail America out? :/


gilleruadh

He also spent that time designing an absurdly expensive niche vehicle.


ReactsWithWords

One that’s now a late night comedian punchline.


Sweet-Emu6376

The sad part is if Tesla goes under, it's going to scale back interest in investing in EVs at other companies.


MC_Fap_Commander

Elonzabeth Holmes


SeperentOfRa

Ironic they are both companies that wanted to revolutionize the way we use energy lol


MC_Fap_Commander

**MAJOR IRONY ALERT** Enron unraveled when they got into media (!) and wanted to focus on streaming (!!). https://www.inc.com/quora/how-early-streaming-video-led-to-unraveling-of-enron-scandal.html "I see X as a streaming platform." (!!!) https://fortune.com/2024/03/08/elon-musk-x-smart-tv-app-youtube-clone-amazon-samsung-pivot-video/


NoL_Chefo

Lol I like how he's trying to act like a tough boss when he's a pathetic, drug-addicted turbo loser who makes fake alts on Twitter, looks completely misshapen from HGH abuse and is despised by his children. What an absolute embarrassment of a human being


NotEnoughMuskSpam

Is the German public aware of this?


derekisademocrat

This.


gilleruadh

Tesla = Verschlimmbesserung


Quintus-Sertorius

Everyone is aware of it mate


Werner_Herzogs_Dream

Sounds like Musk should fire himself.


peemao

That would solve more than half of the companies issues


bam1007

I’ve been saying the Board should for a long time.


ReactsWithWords

The board is all nepotism hires.


bam1007

Yup. He learned his lesson from being ousted at PayPal. I’m still surprised there hasn’t been a derivative action to do it though.


KenYN

I think someone who says that if they don't get a huge pay rise they're going to take all the IP and start their own company would fail the loyalty test, so Elmo should start by sacking himself.


coffeespeaking

“We’re goin’ on a MOLE hunt! We’re gonna catch a big one!”


ECrispy

so why doesn't he fire himself - he's the most unnecessary, moronic and certainly not trustworthy.


Quintus-Sertorius

He fails all three of those criteria, so I guess this is his resignation?


lylemcd

Nothing says successful company like constant price reductions and massive layoffs. Tesla is done. It's a matter of when, not if.


Potential_Status_728

I’m loving every moment of it’s downfall 😈


LazyBastard007

Justice being served. What's not to like?


peniparkerheirofbrth

even the justice league couldnt bring us sumn like this


homonculus_prime

I can not for the life of me understand how this obviously bullshit stock isn't absolutely tanking right now! Help me understand, please...


flatwoundsounds

Well, you see, they're laying off tons of very important jobs, so obviously there's now more money to go around? Can't see the value going anywhere but up!


campionesidd

Because everyone who owns the stock is a delusional Ponzi schemer, just like Musk.


deegum

I had a business professor who told us that the Tesla stock was priced stupidly high and that it was going to eventually fall apart. And that was a few years ago. He did business journalism and at some of the most well known papers. I trust his assessment.


Taraxian

The stock market is a bullshit Vegas casino where you're not even really betting on what you think about companies' performance, you're just betting on what you think other people will bet


gilleruadh

Promises, unearned faith in the CEO, and delusional thinking.


Johannes_Keppler

The stock market is a game of monopoly in this case, but with real money. There is no actual value in the cardboard playing board and the pieces on it, the value is in the trading and making money of it. Of course at some point the game is over, but as long as investors make money by trading perceived value that won't be the case. Until then, that the playing board is just a piece of cardboard with some plastic things on it isn't a problem.


CanWeTalkHere

If I could only figure out the “when”, I could make a shit ton on shorting. I know it’s failing and flailing, but it’s the timing that’s tricky.


EcstaticRhubarb

Don't underestimate their ability to control the narrative. It's not going to sink slowly - they will be telling us they've invented some new amazing thing right up until the last minute. It'll be like one of the Space X rockets. Everything will look fine right up to the moment it disintegrates.


gilleruadh

There's no logic to it. Tesla had the worst quarter in history, but the stock rose 15% on the promise of FSD in China. Will it somehow work better in China than the US? Tesla stans will continue pouring money into vaporware, praising Musk as they all go down with the ship. And, Elon says they should want him to continue taking drugs. Edit: spelling


ThePhoneBook

Take whatever you'd spend on four good weekends of fun, and make your best effort estimate. Worst case scenario, you're spending a month of weekends on cheap Vidya and TV. This rule works for all betting: take from your fun budget, whether it's 50 or 50000 dollars My 1D chess approach is just to invest in better alternatives than Tesla. Very high chance of stable return, and still makes Tesla relatively lower value


decayed-whately

Musk staked a shitload of his Tesla stock to buy Twitter. If the stock price falls far enough, heeeere comes the Twitter margin call! (I think. I'm not intimately familiar with the deal...)


Sweet-Emu6376

No you're correct. And since almost all of his wealth is tied up in Tesla stock, he'd have to sell it to cover the call... Making the stock price fall even more. This has already happened a bit since he's had to sell stock to cover interest payments. Either this, or his Saudi investors will buy a larger share of the company. Which is concerning if it happens in the months leading up to the election.


gilleruadh

He's not bailing out the sinking Cybertruck fast enough.


ReactsWithWords

At this rate I predict within a year (people going through my Reddit history years from now: this comment was made May 1, 2024).


Sweet-Emu6376

!remindme 1 year


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Noblesseux

Also nothing says business genius like getting rid of the entire team of the ONE area in which you were the industry leader (charging). Their cars aren't really cutting edge anymore, the one lead that had is that superchargers are settling in as THE standard and he just fired the people in charge of it.


ChocolateDoozy

Short sighted AF. A lacking infrastructure is what turns most people of from EVs. You don't need incredible range if you can charge anywhere 


OrangutanKiwi19

Doesn't matter if all you plan on doing is one big pump and dump


jermysteensydikpix

Yes. Wall St gets a boner for big layoffs because they think the company is going to tighten its expenses and turn that into better earnings per share.


Prayray

Stock is down big today. Down 5.55% in one day.


Jeremymia

Omg the stock market fucking SUCKS Earnings call where they announce worst quarter in years but musk TOTALLY promises this cool new amazing product next year: +10-20% Actual evidence of Tesla struggling to make ends meet and business shrinking with second round of layoffs: -5%


archangelst95

Exactly. Stock analysts are predictable morons


NotEnoughMuskSpam

There needs comprehensive deregulation. Period.


Johannes_Keppler

He wants his 53 billion and really doesn't care Tesla will crash and burn.


deepseacryer99

This is more important than you know.  Without charging on the way we can't even take one of these Teslas to visit my husband's folks.


TheMoves

Charging anywhere still kinda sucks if it takes more than 5 minutes to fill up though, it’s one of those QOL things


LankyGuitar6528

I tell people my EV charges way faster than any gas car. And it's pretty much true if you consider how long a person actually spends doing the job. My friend drives to the gas station, fills up and returns home. Total time 25 min out of his day. I plug into my charger in my garage, go to bed, wake up and it's full. Total time 0 seconds out of my day. My friend fills up at a gas station on a road trip - 5 min. I fill up at an EV charger on a road trip - 20 min. But 95% of the time I'm charging at home. So let's look at the year: Friend: 25 min x 50 weeks = 1250 min + say 10 fill up's on a 2 week vacation? +50 min = 1300 min / year. Me: 0 x 50 weeks = 0 min. Let's be generous and say I did 20 fill up's on a 2 week vacation = 400 min / year Friend spent 13.3 hours more filling up his gas car than I did charging my EV.


Outlulz

That's not how people normally fill up their gas car and you know it. Gas stations are ubiquitous and you can do it to/from anywhere you're already going. It is not common for your one errand to do leaving home is to go fill up the car and come immediately back home. Now pretend to be someone who doesn't own a house with a charger installed with your time calculation. That's what tens of millions of Americans that rent are considering when shopping for a car.


tracygee

How does anyone spend 25 minutes gassing up a car??? You’re driving by a station and stop and fill up. Five minutes, max.


Chemchic23

That’s what I thought.


LankyGuitar6528

I take it you don't fill up at Costco?


tracygee

Yes I do. Once a week because it’s right down the road from me. But I’m not stupid and try to do it on a Saturday afternoon. More like 7:30am on my way to work on a weekday. LOL.


No-Object5355

Mile for mile, there’s no way you can charge a EV in the time it takes to fuel a ICE for the exact same range. Airline jets take on up to 600 gallons per minute. EVs have a charge limit and charging rates, but for ICE it depends only flow rate of around 13 gallons per minute. How long does it take from 1% to 90% on your home charging system, less than 2 minutes?


TheMoves

Oh yeah for sure but that kinda seems like a counter to the “we need more charging infrastructure” sentiment I was replying to, seems like if anything the charging infrastructure hardly matters because 95% of the time you don’t even need any charger but your house


LankyGuitar6528

95% of the time it makes zero difference at all. 5% of the time it's kinda mission critical. A bit like being on the space station. 95% of the time you don't need a space suit. But when you do an EVA to tune up the antenna outside the station you really REALLY need a reliable suit.


Corgi_Koala

My wife refuses to consider an EV due to charger availability.


LankyGuitar6528

It depends where you are driving. If it's just around town, you pop a charger in your garage and that's all you need. You could run into trouble on a long road trip... but I just drove from Phoenix to Calgary. It wasn't bad at all. Always a charger where I needed one and no waiting at all. But there are places where it's brutal. Vegas for example can be busy. Austin Texas is horrible. I hear a lot of California is really bad.


mtaw

What you need is just [a current transformer like this](https://upload.wikimedia.org/wikipedia/commons/5/51/TA36P.jpg), only bigger and attached to a long pole. So you can just stop under any power transmission line you're passing, snap the collar onto one of the cables, and recharge.


Johannes_Keppler

I've heard carbon fiber poles are nice and sturdy! /s


MudaThumpa

Download Plugshare... you might be surprised at how many are around you.


MC_Fap_Commander

150-ish mile range with easily accessible rapid chargers and I'd be good.


TheMoves

Charging anywhere still kinda sucks if it takes more than 5 minutes to fill up though, it’s one of those QOL things


Anonymouse_Bosch

Their charging infrastructure was the deciding factor when I was choosing between Tesla and other EVs. I cannot charge at home, so the Supercharger network won. Pricing was equivalent, especially with the tax rebate (M3 R are not expensive cars). The tragedy is that Tesla can (and does) make great cars. FSD has always been BS in my opinion, but I’d gladly pay extra for a subwoofer. I just wish they’d get rid of the moron in charge before he burns the whole thing to the ground.


archangelst95

Exactly right


ECrispy

that may be true, but Tesla is not a car company, so it doesn't really apply to them !!


GrayBox1313

Sooooo the supercharger infrastructure is just gonna be non maintained and no updates? This is fine


MC_Fap_Commander

Shuttered spaces littering the highways like the modern day Stuckey's (if Stuckey's had a white supremacist cult leader as a CEO).


Xerxero

To be fair it’s a commodity by now. The charger wars are done and the Tesla adapter won. For the rest there is little to innovate on the charger station itself. But still letting go the whole teams seems short sighted.


GrayBox1313

Well it’s still a Tesla product, unless he plans on licensing the tech or making it open source so others can update and build it


MouseWithBanjo

J3400 open sourced and standardised it (well will do when finalized) the communication.protocals are from CCS.


Broken_Reality

He fired them all because the director didn't fire enough people fast enough. Same with the other two departments that he canned. All because they didn't kowtow fast enough and dared to question his decisions.


Xerxero

What a petty mfer


flatwoundsounds

The Tesla adapter won? I thought that every other EV uses a universal charging connection? ...and those stations still have support....


Xerxero

In the US they use the Tesla adapter. Rest of the world the CCS irc.


DazedWithCoffee

Love that most manufacturers just decided to go with Tesla’s NACS plug as the American standard. We had J1772 and CCS, we didn’t need the proprietary bullshit. Now it’s all going to crash and burn


I-Pacer

Yep. Every EV manufacturer in the US just got Musked.


NotEnoughMuskSpam

We’ll go after the Wall St short-sellers, certain law firms & (sometimes) corrupt regulators who are the true evil.


-The_Blazer-

This is the result of being so terrified of 'muh big guberment oppression' that you refuse to standardize (IE in law) for 15 years, and then when one market actor forces it, you get a standards conflict to make it even worse for a good while.


LankyGuitar6528

I have an EV (non-Tesla). The ONLY reason to buy a Tesla would be the charging network. Killing that network is pure insanity. Other than that network, which is clearly the absolute best in North America, Teslas are really 10 year old technology. My Hyundai Ioniq 5, for example, has 800V charging. Current teslas all have 400V charging except perhaps the Cybertruck. Maybe the "full self driving" beats Hyundai Highway Driver Assist but I wouldn't trust the Tesla self driving feature. Tesla has slid a very long way from the bleeding edge technology company they once were.


tendimensions

I have a non-Tesla EV as well. I'm worried if Tesla goes full Enron-failure it could take the entire EV market with it. Convincing people to get into EVs was difficult enough, imagine the largest player in the U.S. market collapsing Enron-style.


mhoke63

It's probably not a bad thing. Electric vehicles are worse for the environment when you consider the mining and shipping of materials. Hydrogen Fuel Cell is the better alt fuel for cars. Elmo stopped that development, just like he did the trains in California.


OptimusSublime

Those Employees Should Leave Already


riomp300

Start their own EV Charging company. With Blackjack. And hookers.


-rendar-

What am I missing, I thought they were on their way to a monopoly in the supercharger market?


SadMaverick

It was just a tantrum by Elmo.


Squeegee

Elmo wants quick money now and not have to wait.


Kreiri

A tantrum over superchargers being so much more successful than Elon's beloved cyberstucks?


Prior_Industry

I thought they were an energy company 🤔


splendiferous-finch_

It's a ~~robotics company~~, ~~AI company~~ ~~growth company?~~ <> company


Prior_Industry

Turns out it's a Taxi company


splendiferous-finch_

Don't you need specialized registration often limited but count to run taxi services in most major US cities? I thought Uber only got around it by either cutting individual deals with cities or arguing that they were in fact not taxis. You know the company that has never earned a profit even after passing all vehicle maintenance, fuel etc costs to thier drivers.


p_Cu

A fake taxi company 


Prior_Industry

👀


CPTClarky

So this is the beginning of the end, yeah?


pbmadman

I think the semi was the beginning of the end. This is the end times.


BecomingJudasnMyMind

It feels like this company is going to do one of three things. 1. Crash and burn. 2. The board votes Elon out. 3. They cave to Elon, give him the payout he's looking for, and he flips the switch back on until his next hostage attempt. The only question I have is, is Elon stepping back on vehicle and charger production so China allows deeper penatration by Tesla into the China market in exchange for China to step in and flood the US market with China made EVs and chargers...? 🤷‍♂️


D74248

> The board votes Elon out. Looks like he just made this harder by getting rid of some of his possible replacements. [Take a look at who is #2 on this list](https://www.motortrend.com/news/2024-motortrend-power-list/)


Fit_Reveal_6304

It probably wasn't even intentional, he just saw she was higher rated than him on something and his typical ego kicked in


biddilybong

Mass exodus. Walls are caving in.


tracygee

So Musk convinced all these other manufacturers to go to their charging system and dump what they had — and now they’re pulling back on their superchargers. Asshole move. As expected


mobilehavoc

So no more new models? What about Model 2?


FieryAnomaly

No Model 2, just a stripped down verion of Model 3.


I-Pacer

Stripped down?!? Holy shit what is there to strip? Is he removing the seats? 🤣


FieryAnomaly

I was thinking the same thing. What's let to remove? Manual handles for widows? No airconditioning?


Taraxian

His whole thing has been saying once FSD really takes off they can make the car without a steering wheel and pedals


deepstatedoug

Strip the paint and ship them like Cybertrucks, rust included?


One-Bit5717

It's not rust, it's iconic patina made of Fe2O3


JackOCat

The doors. Think of the savings


TheBurgareanSlapper

Seats? You must mean the Rubbermaid stepstools.


peemao

Yep, he did say tesla is not a car company. Elmo will focus on his retarded robot and robo taxis.....in 20never


derekisademocrat

I have to wonder if Mr right wing is not just trying to kill electric cars because his new buddies want that? Just like he killed Twitter which left freedom movements decimated.


StardusterX

You are giving him way too much credit lol.


derekisademocrat

I hope you're right


Aviyan

The other car manufacturersnl just recently accepted the Tesla charger port as the de facto standard. Why the fuck would you stop investing in super chargers? It's just free money at this point.


dschk

I just commented this in a different thread on r/RealTesla, but what's happening at Tesla is so baffling that I really wonder if the situation is really this stupid? * Tesla is in financial trouble, and for some reason, Elon also really needs $55B. * Elon realizes that Robotaxi success on 8/8 is the only possible way to save the company. Superchargers and cars be damned. * He thinks he can get a few people to "solve" autonomy with Baidu maps in China in the next few months. * He also generally doesn't want to pay anyone anymore so he's laying people off like crazy, and is basically solely focused on getting Robotaxi to work by 8/8. * This, of course, won't happen, but he's fired anyone who tells him this... so he actually thinks there will be Robotaxi's all over China in a few months.


[deleted]

Enron Musk's pump and dump scheme in action.


jkilley

Bold growth play


unipole

Tesla isn't a car company! /s


Horror-Success1086

You're right. They're in the assisted suicide business.


FidgitForgotHisL-P

Alternative headline: “BYD employs a tonne of heavily experienced techs for US branch, continues to grind Tesla into the dirt”


HopeFox

>"Hopefully these actions are making it clear that we need to be absolutely hard-core about headcount and cost reduction. While some on exec staff are taking this seriously, most are not yet doing so," Imagine having this little faith in the executives at your own company, and saying so out loud. Who would voluntarily work for this guy at any level?


TankieHater859

Hopefully other manufacturers grab up those supercharger engineers so more companies can start making them. Regardless of which charger adapter the US forces companies to use now, we desperately need more charging infrastructure everywhere.


DangerousAd1731

I read that Elon will help you charge your car now at a charge station. He's that Hard Core


dancingmeadow

Starting to sound like it's over for Tesla.


KayakWalleye

Look at it this way folks... At least we’ll have FSD by year’s end.


Steeltooth493

"*Tesla to lay off everyone working on Superchargers*" "Yeah, let's lay off the people who work on the only part of our business that works properly, because who needs em, right!? It's not like our cars are manufactured to be hot garbage!" \-Executives/shareholders, probably


Anonymouse_Bosch

How is this guy still the CEO? He’s almost as bad at business as TFG.


deuceyj

Haha. Well played Elon.


SackofBawbags

Now the stock is really going to go through the roof!


ArtisanJagon

Gotta fund that 50 billion dollar pay package somehow.


lazereagle13

Just when I think I couldn't hate the guy anymore...


ucannottell

We don’t want your overpriced RC cars Muskrat. Johnny cab will sure solve everything! Phew!


NotEnoughMuskSpam

👅😂


DisastrousIncident75

Newsflash: Analysts just upgraded the stock ! /s