ChromePlatedEquator
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Following the same self-destructive game plan that he imposed on Twitter, Musk is both starving and cannibalizing Tesla in an attempt to achieve short-term gains. But short-terms gains *always* come with a long-term cost, and I suspect Tesla has some very rough times ahead.
Goutman
Fallatus
So by that metric, he should be fired too then?
BigRobbo
Hey, remember how 10 years ago we all liked this guy because he was like a crazy James bond Lillian without all the evil schemes to rule to world? Well, that's aged well, hasn't it.
sadurdaynight
Same dude that was looking for "hardcore programmers" a few years ago for Twitter or something. Everything's "hardcore". If you have to make drastic changes to keep your company afloat, it means you suck at long-term planning and are just reactionary. Reacting to a competitor would be ok. But, he has to react to the shit storm he created himself. And yet some how when this is over he will still be worth billions while other folks will struggle to put food on the table.
glaug
"Redundant" implies somebody else is there to do the same work. I highly doubt this is the case.
slotheroll
Him at the next board meeting...
Duckgooser
His short term gains are only about trying to secure his pay package again
horseman05
RenaissanceFaireMan
Probably lucky that Elon Musk doesn't employ 14 month old puppies.
MoonAmericanFloydHeywoodR
I can think of a person at Tesla not excellent, necessary or trustworthy. Lay him off!
masteryoplait
Imagine being the richest man in the world & not being able to afford to keep some staff until things get better.
Futchm
He's doing to Tesla what he did to Twitter
undrh2o
Is he though? His destruction of twitter seems more deliberate because it was a way for people to organize and interact with people in power. Making the blue check meaningless, letting bots run amok, blocking post with the word 'cis' in them, paying people mostly RWNJ to post. All seem designed to tear it down.
gft8gd5khn101
The only thing this guy is good at is firing people. Sending some much needed R&D brainpower to his competitors.
RenaissanceFaireMan
forelle
As an excellent, important and trustworthy employee at my institution a sure way to make me go is fire all the others and give me more work that way.
AutoFox
Anyone who uses "hardcore" or "rockstar" in a professional context should not be trusted.
ironwill2008
The gradual downfall of Tesla was inevitable. It was only a matter of time before the big auto manufacturers---who already knew how to mass-produce high-quality vehicles (something Tesla still hasn't mastered)---got their own EV production up to speed and into showrooms. Tesla's inferior quality control and lack of any new models or improvements on existing models has caught up to it. My only surprise in all of this is that it took this long to manifest itself.
Lynkfox
I fucking hate the phrase "made redundant" no they weren't. They were doing a job. They were valued as less important than the ceos fucking 3rd yacht.
littlecoatfatguy
"Just do twice as much work."
Gryphonosiris
Musk: "Like my dad told those dirty "K-words" who worked in his mines: 'Work twice as hard, or you're going to get whipped!!!"
littlecoatfatguy
If you're going to accurately identify Elon Musk's wealth as being inherited from apartheid South African diamond mines, which disproportionately exploited Black workers in the most dangerous and lowest-paid jobs, it's relevant context to explain to our younger readers that "Kaffir" was the apartheid-Afrikaans equivalent to the N-word.
Gryphonosiris
Or, you know, just tell them to watch "Lethal Weapon 2".
GreyKnightTemplar666
I could save all those jobs and increase moral and quality all with only firing 1 person
ZeRootOfAllEvil
...into the sun
ArdentSlacker
It's not appropriate to launch Muskm elon into the sun.
He should be blown up on the launch pad.
ZeRootOfAllEvil
While you do have a good point, I'd prefer his remains to be as far from here as possible
GooteMoo
And, as fate would have it, they are neither excellent, nor necessary, nor trustworthy!
MrStealYourGiF
Heh, non-compete clauses are gone, basically a whole electric car company walks out of Tesla, shedding itself of dead-weight, i.e. Musk, and goes on to pwn Tesla.
Crispy4Skin
PhilStone911
Isn’t he trying to get $50+ billion from Tesla?
Harbltron
He knows the ship is sinking, he's going to try to squeeze it for every drop he can get before he parachutes out the window to go buy another company that he'll destroy through sheer incompetence.
throwaway12345432
Ironically the ship is sinking due to his piss poor input.
DukeDarkwood
I am now picturing a ship captain with one of those old-timey screw drills standing next to a hole that is flooding the ship. Calling up to the deck to prepare his personal lifeboat (the only one on the ship, of course).
barbarian818
Has anyone told him he doesn't match his own criteria?
7hatsBollocks
When the company is doing great, the ceo did it. When it's failing, the employees did it. Kind of similar to how people treat their God. Maybe there's a pattern here as to why some people idol worship shit people.
memesis
Elon Musk is not excellent, necessary, or trustworthy. So what happens to him?
Frozenspokes
How is this not top comment?
whitebbwolf
ThisIsYourLifeNow
I came here to say that. If thats the criterias. He has to be axed first. What an asshole.
porfyria
I came here to say this as well
HandoB4Javert
Shovi
Go home care, you're drunk.
Djones06236
Even the things that you think shouldn't break are breaking. What a colossal failure.
DonL9
It's not supposed to do that.
HandoB4Javert
It's not a feature...
cosinewave
And yet he demands $45B because he has done such a great job
JustUsLeagueUnlimited
He just saved 10% in salary costs. Now they can give it to him in a bonus
Picoshi
Ya'll don't understand how much even 1 billion is. No man on the earth needs a billion. He is a fucking dip shit and every billionaire should be guillotined.
mrpink83
I understand how much a billion is. I'm a pretty simple guy, and during my entire lifetime, I'm poised to make about a million dollars. A billion dollars is 1,000 times more.... one thousand of my lifetimes. ffs
Toqom
Yup, no CEO is ever worth 1 billion.
saucenes5
is a billion dollars the price of 10,000 cyber trucks? because that would be enough cyber trucks for you to drive a different brand new cyber truck every day for 27 years and then simply drive it into a car wash and never use it again. if that's all true then yeah that sounds like a LOT of money
ArdentSlacker
10K cyber trucks is about 6K more than exist.
sambaah05
He's done a great job with the stock, even with the recent dip. But not so great job in building a company built for the long term.
pumper
Stock price is irrelevant when the bonus is more than the company has made in profit to date.
sambaah05
Tesla was worth 59 billion when that deal was made. It's now worth almost 600 billion. That's insane growth. When the deal was first announced people were saying the goals in it were crazy and impossible. The bonus makes sense based on that. Mathematically he arguably deserves it, they said you reach these crazy goals, you get a big bonus. He met the goals. The problem is looking forward and whether he's the best leader for the future, that seems to be no.
blainetog
It is insane how those are two different things.
SatherPrince
Capitalism is weird that way.
MyRespectableAlterEgo
He’s following the Jack Welch playbook, but clearly didn’t read the last couple chapters of it
thotterpop
I didn't know who that is, but I'm about to find out and look at his playbook.
thotterpop
Skimming through his Wikipedia page, it looks like it was written by folks that have taken turns trying to defend and criticize him... Hype, then data proving it wrong, then something else to try and honor him, then something to criticize him... Not necessarily in that order, just a lot of ups and downs using both data and opinions, lol
MyRespectableAlterEgo
It’s quite a funny read isn’t it 🤣 he’s a hero to Ayn Rand-reading hardcore capitalists… but it’s a different story for the people of Louisville KY, or any of the multiple other GE Towns where he shut down huge factories that propped up entire local economies. Fact is, he got rich destroying one of the country’s oldest, most iconic and most productive companies whilst setting a disgusting example. And all it cost was thousands of working & middle class people’s livelihoods.
d3jake
I hope his competitors are taking in as many Tesla staff as they can. It must be a dream for them to be able to poach talent from what was a good company.
mynamespaul
When Twitter fired a huge % of their engineering staff in the country I live in, one of our recruiters stood outside their office for several days with business cards and a printout of like 100 key engineers’ LinkedIn profiles. We can’t compete at all with Twitter salaries, but we got some Sr. staff++ level engineers to take regular sr. Engineer roles (50% the salary). Several stayed for 3-6 months. Telling their wife they had another job lined up before they got to their car is worth a lot.
mynamespaul
In particular we got one principle level SRE guy for absolute peanuts who was absolutely incredible. He moved on once he found his feet and a role more appropriate to his level — and I’m sure he spent half his workday interviewing but while we had him he was cheap as chips and he made huge impact immediately.
JohnSmithterms
I hope workers at Tesla and his competitor form a union. It is their only hope of having a stable career. The will all be job hunting every couple of years if they do not do this.
caserocko
And perfect timing since non-compete agreements just became illegal.
TheMysteriousTraveller
Non-competes haven't been legal in CA for quite a while, before the FTC did anything about it.
graehall
omg, that must eat him the fuck up knowing all the staff he's firing are going to his competitors to work against him and he can't stop them
cheesedogs
Keep a close eye on the fine print with this. There's annoyingly many exceptions, and ban isn't in effect until like August or Sept.
Welley
Wait what?
IronRod
They pretty much trailblazed the way for electric cars and now they're self destructing. Which is a bit mad after all the work they've done, the other car companies will just love to capitalise on this.
Geistbar
With competent, or even merely mildly incompetent, leadership they wouldn't be jettisoning their position too. It's crazy. Musk sounds like he hates the fact that Tesla relies on physical goods instead of software, so he's intentionally ruining a fully functioning hardware company.
If they had made a boring but capable truck, didn't go for the dumbest cost-saving ideas (no stalks in M3 refresh...), etc., they'd still have been positioned to be the top dog of EVs for the foreseeable future.
lostlittletimeonthis
Guess its easier to over promise and over sell vaporware than actual hardware
RetrogradeLlama
Well, he's looking to make sure that $56B bonus gets approved. Gotta pump those numbers!
mrpink83
$56B? Those are rookie numbers!
Gryphonosiris
The whole corporate obsession about short terms gains ruins companies. As my MIL says, in the 50's and 60's companies had 5 year and 10 year plans focused on actual growth, and not glorified pump and dump schemes.
RetrogradeLlama
Even worse is the PE model: Buy it by using any liquidity the company has, layer it with massive debt and take that out up front as "consulting fees", sell off any assets of value, and then leave the debt ridden hulk to survive - or not.
ThingsThatDontJustifyGenocide
Really fucking hoping he doesn't get it, because that payout is the only actual wealth he'll be able to claim after the company dies, he doesn't deserve it, and it's the only thing that will save Twitter from a complete destruction(which I don't want it saved)
PleaseRespectMyAsshole
The last time he tried a stockholder (I think) sued him and won. I'm willing to bet someone will sue again if the board passes this.
PleaseRespectMyAsshole
Well, they sued Tesla.
jediknightswhosayni
How can he demand that much when Tesla hasn't even made close to that much profit over the course of its lifetime?
Leaps
The better question is why would anyone possibly give it to him?
RetrogradeLlama
The BOD is in his pocket.
ICameHereToBitchAtYou
It's fascinating to watch all the people discuss his management skills when all he is doing, and ever has done, is trying to get paid. These decisions are not for the benefit of the company. They benefit only the shareholders, of which Muskie is a big chunk. Make them worth a pile, cash out, move on. Company collapses? Not his issue anymore!
hoopyhoop
Stock dropped 5.5% yesterday, already down 1.25% today.
jutala
quade
His management skills, like his new cybertruck, are rusty af.
HandoB4Javert
Sycophancy is the new rust.
IWishIHadABetterNickName
Weak and 💩
crypticlinguistic24
More like nonexistent.
jayman0123
that fucking company can't seem to manage using a screw to hold a fucking accelerator pedal on, and we expect them to manage expenditures properly?
Shaodyn
He doesn't have management skills. The only thing he knows how to do is act like an edgy teenager on social media. Everything else, he just bullshits and hopes for the best.
MrWolfwood
it cant be rusty if it never existed
TheWhiteBarry
K.
https://www.motortrend.com/news/tesla-cybertruck-rust-reports-analysis/
PleasantPeasantPheasant
I don't know, he wants to fire people who are "Not excellent, necessary, or trustworthy" and there's a picture of the employee who is first on that list. And that would be the most 'hardcore cut' I can think of, with the most cost saving.
skolyr
Not only that, but a good chunk of them had to be recalled because the throttle pedal was sticking when pushed. As far as design flaws in cars go that's almost as bad as exploding gas cans. https://www.tesla.com/support/recall-cybertruck-accelerator-pedal-pad
Pooprocketpower
All of them were recalled. Less than 4000 though.
DdCno1
I had my 71hp car accelerate on its own due to an issue with the throttle body. It was the scariest moment I've ever experienced in a car. I can't even imagine the terror (and danger) in a vehicle that weighs three times as much and has up to twelve times the amount of power.
skolyr
To save you the click: "On affected vehicles, when high force is applied to the pad on the accelerator pedal, the pad may dislodge, which may cause the pedal to become trapped in the interior trim above the pedal."
CloakedFigure
He’s also a piece of shit.
firlefranz
In the fan, to be correct…
firlefranz
Somethingwittythiswaycomes
His management skills are like his old step-sister by his dad. Absolutely fucked. Because his dad got his ex-step daughter pregnant twice. Welcome to Muskville.
turbovespa
Is this true? Where do I find evidence? I want to believe…
Somethingwittythiswaycomes
https://www.rollingstone.com/culture/culture-news/elon-musk-dad-has-secret-second-child-1383353/
d3jake
"rusty" implies they were in proper working order at one point.
Thelolzknight
Ladas get rusty too
ChicagRealt0r
If you melt rusted steel and don't treat it with enough or the proper additives your brand new castings will be rusty all the way through. Just like Mr Musk's business acumen.
Kyen155
*His management skills, like his new cybertruck, are busted af.
robotlaserninjashark
Heavy handed, aggressively graceless, misinformed, ill conceived, brute, broken-by-design, edgy as a perpetual teenager… elon musks management skills and the the cybertruck are the same picture.
BeerCir
This is literally the next post lol
turbovespa
Did he use a car wash recently? I’m asking for a friend
Illithidbane
Moreover the team that used to keep him away from business decisions appears to have failed or disappeared and now his narcissism fueled delusions of genius can flow out unfiltered.
RuBisCO1
That team is supposedly at SpaceX only.
Illithidbane
Behold, the new SpaceX project!
Leonon
Those muskrat wranglers were secretly the most important part of his companies.
astrangehop
It's honestly horrifying the takes from like SpaceX, where if he visits there are several dedicated people to steer him to less important zones, and another team to change back weird ahit he did at random
Illithidbane
Foxsayy
In the company which eventually became PayPal, he and his brother would reportedly get into fist fights daily, and he was so insufferable that the board staged a coup...the minute he went on his honeymoon.
He then left his new wife to attempt to regain his position, which he failed to do. (Until other circumstances somehow led to it at another time). His wife remained to enjoy the holiday.
Shaodyn
Paypal is also why Twitter is now X. He wanted to call Paypal X.com, but they said that was stupid and sounded like a porn site. Then his narcissism kicked in and he absolutely had to eventually get a website which he'd name X.com, purely to show them that his ideas are the greatest ideas in human history and they never should have doubted him.
Shaodyn
When anyone tells him he shouldn't do something he wants to do, he doubles down and absolutely insists on doing it.
Illithidbane
"I'm going to drink half the amount of poison it would take to kill me!" Don't do that, it could kill you. "Screw you! Now I'll drink twice as much!"
Zedrapazia
How much influence does he have over PayPal as of now?
Shaodyn
I don't think he has any. They kicked him out of it.
thesameasyours
Their cars are already shit, whats gonna happen now?
justadude41123
They really are. I was told they didn’t even support Apple car play
shorey66
It's not such a big deal as the Tesla software is as good as if not better in most areas
68people
He will continue making masteful moves!
Big old /S
chipjack
Downward spiral for a couple years, followed by a government bailout, if the government in place at that point in time is largely Republican. As fond as Democrats are of the electric vehicle technology, Tesla's growing irrelevancy and Musk's odious personality make it likely they'd let him sink, followed by a good solid flush to let the fresh air back into the room.
SavageDrums
VW is going to buy the company for pennies on the dollar...
hiyesthisissatan
pareidoliaperson
His shit will be delivered with a personal shit inside his shit. Courtesy of Elons Musk
StarscreamAndHutch
He will crater the company and all vehicles will be left without a support network. Good luck tesla nerds.
thelegendofthetwistednavigator
Well, they sacked the entire supercharger team (500+ people including the director and head of product development) and Ego seems to have lost interest in EVs and wants to be the king of AI and robots, so I'm sure things will improve /s
AgamemnonsMemes
they'll stop supporting/repairing their shit cars until they just won't run anymore
TheWhiteBarry
Yup just keep repeating it and maybe it'll magically come true 😂
https://www.motor1.com/news/706258/tesla-model-y-worlds-top-selling-vehicle-2023/
shorey66
That's the thing, despite his bullshit, the model 3 and model Y are actually really good cars now. They are still the best EV you can get and the Y is the best selling car right now. Though the Chinese brands are pretty close to overtaking Tesla if they keep pressing as they have
BeerCir
This was literally the next post lol
thesameasyours
Lol
Lachwen
Well the folks he cut today were the entire Supercharger team, so I guess now the cars will just turn into very large, expensive paperweights.
PosthumousExile
What the hell is that
acuteavocado7
its a decorative heavy object used to pin down paper
codelayer
But that's not important right now
Geistbar
Superchargers are the fast DC chargers ("DCFC" or "L3" are common terms) for Tesla cars. The equivalent of a gas station for an EV. Unlike an ICE car, for most people DCFC is only necessary while doing a road trip or similar; other charging should be done at home or similar.
Superchargers are very well liked because they (1) work (2) work well and (3) work reliably. Unlike the competition, which is very unreliable. It's the backbone of Tesla's success, removing range anxiety fears for trips.
Strategicgnomer
We'll all have a nice show. Get your popcorn ready!
OtterlyMagnificent
Tesla is going to be phased out for more effective, efficient, and better built EVs. Like every other pioneer automotive company that chose profit over quality.
shorey66
They are still the last efficient EV you can buy. The red model 3 does about 4.5kw/m which is amazing for a nearly 300bhp car. And the cars that are manufactured in China or Germany are built really well. It's only the American bully Tesla that are shit
HypersonicHero
https://insideevs.com/news/567087/bev-epa-efficiency-comparison-february2022/
Four of the top ten vehicles are Tesla's and this is from 2022.
https://www.cars.com/articles/top-10-most-efficient-electric-cars-447501/
Three of ten in 2023
erathys213
Not so sure that ev in china are well built. Lots of problems have been reported with their build quality.
realrealluckless
He will continue to piss away even more of his industry lead, continue to fail on full self driving with a system that isn't remotely suited to the task, and enhance his death spiral into irrelevancy. Hopefully without too many more deaths from his half-baked leadership and cult following.
CloakedFigure
Cheers, I’ll drink to the first part of that statement.
SecondSince
Here's hoping!
StarscreamAndHutch
Hes about to kill a lot of chinese people with the new autonomous driving agreement there.
chaylar
Maybe Dyson will step into the tech vacuum that Tesla's failure will leave behind.
Muffyns
I dont think he cares he pissed 120 billion away on twitter like it was nothing whats another 300b pissed away on a company he makes worse with every decision.
ScottishOddish
He was marketed to be Tony Stark, but turned out to be Obediah Stane.
realrealluckless
Discount knockoff of a Wish Justin Hammer...
neochild
I wish he was just the weird guy who had a working flamethrower and wanted real life cat girls.
thesameasyours
Wow, he really is Tesla.
WickedSludge
Surely you mean Edison?
thesameasyours
More on the Tesla going insane, being penniless, ans feeding pigeons he thought were givernment spies, toward his end
eetsumkaus
best of both worlds!
MCpeepantz
'One flew straight into the Cuckoo's nest'
WickedSludge
Fair point. Although, didn't he also love one of the pigeons?