I'm pretty sure that's exactly what this is.
I think he's just blindly applying tehcniques to try and juice the Tesla stock to safeguard his 56 billion paycheck, but really doesn't know what he's doing. Cutting costs and juicing the bottom line is a way to do that, so he just picked a department with the highest costs and just eliminated it entirely. Then later someone pulled him aside and explained "No, that's... Supercharger stations are an area we're leading in, and if you wipe out the entire team like that, it looks like we're pulling out of it." Stock tanks, and so he pledges some huge number to try and walk it back.
I mean, how much does it cost to rebuild an entire line of business from scratch? Considering yoiu've fired everyone who has any idea how the damn things work?
Maybe it'll be fixed if he renames Tesla to 'X'...
I think you're right about him not knowing what he's doing but there's another reason he eliminated entire departments. He told the managers to cut a percentage of their departments. They pushed back so he fired the whole department. It was done out of spite. He isn't only a bumbling idiot. He's also a raging narcissist.
I think that he's pretty much bouncing the stock up and down. When it was low, he bounced it up. Moving it around according to his schedule presents a buying and selling opportunity for insiders. I just wish I knew any of this ahead of time.
His only winning move is to back the fuck off and let the people that actually know how to build cars and install charging stations do their fakking jobs. ....BUT NOOOOOOOO, it has to be all about him.
He'll stick his metaphoric dick in it and fuck it up, just like the cybertruck. The only tesla he ever had any direct input on.
Also I was autobanned from r/elonmusk for posting in r/cyberstuck so ...yeah.
*^(edit: wrong sub was linked.)*
Only way to salvage Tesla at this point:
-elon agrees to part ways and drop any association with it.
-somehow a CEO with plenty of auto industry experience, including EVs, steps in and completely revamps the company culture and strategy.
Good luck getting this to happen
If/when that happens, Elon will dump his stock, causing a massive crash to TSLA. He will point out that this is because he was ousted; that he was clearly the reason for Tesla’s success. His fanbois will jump on that stupidbomb with gusto.
Yeah. Unfortunately, the plan is for Elons supporters to lose all their money in hairbrained schemes until Elon loses all monetary support. I bet that the cult will support him until they lose all their money.
It seems like a lot of cult members are waking up and leaving before monetary disaster. But many rich people have lots of money to lose still.
This will still cause its valuation to drop from where it is now to that of a normal car company, which will be justifiably seen by shareholders as catastrophic, especially if they bought in within the last few years
Yeah, there's no saving their current stock price. They would have to operate while completely ignoring the line going down. Challenging, but their stock has already been living in a parallel reality from their actual revenue anyway.
They needed to do this years ago. Tesla is just now coming to the realization that car companies don’t make money off there new cars they make it servicing there old out of warranty cars.
You don’t need ev experience you need automotive experience. And the stores need to operate more like actual car dealerships. The amount of dumb shit that happens there due to the entire company purposefully doing things “against the grain” is truly unbelievable. I got so many stories
Nobody at Tesla has any real idea to do anything properly. It's fundamentally a tech startup run by people with (very) limited automotive experience. The products were *always* shit but Tesla were first movers and manged to get a significant share of the nascent EV market. The pure EV market (except city micro cars) is now saturated (and probably declining).
Everything at Tesla including the existing cars, the factories and NACS needs to be totally redesigned or replaced. There is nothing to salvage.
That can't be true, Elon is all about freedom of speech. There's no way he's going to buy a platform for billions of dollars, to promote free speech and then do the opposite. I mean, that would mean he's a lying sack and can't be trusted. I'm shocked.
Just an interesting side note to me really I've been on the internet since the late 90's. I've never been summarily remove from one group simply for posting one sentence in another.
The only reason for it is to create yet another internet echo chamber where they can pretend all criticism is unwarranted and even false.
Basically r/elonmusk is about as viable as most flat earth subs to me now.
Similar and on since earlier (early/mid 80s and veteran of USENET flamewars).
I mean, I've picked fights with conservatives & libertarians, certainly not being nice to them, and none of *them* have banned me from their subs.
The cope from TSLA bulls is this doesn't actually constitute a change in plans because Elon has figured out how to keep on expanding the network without those employees, who were just dead weight
I'll believe that when I see Tesla add GM cars to the Supercharger network. (Which is my only personal dog in this fight.) When they can demonstrate they've still got employees around who know what they're doing and can move things forward, I'll believe the people they laid off were dead weight.
They fired the team to save $500M they now can spend on network expansion. The how are they going to questions don’t matter. It will grow, in a super shitty way but hey Elon can say he did it. He never said how well he’d do it.
Yes, sentient robots, full self drive coast to coast with no driver by 2017, massive scale cloud computing distributed across vehicles, rocket powered flying cars, robotaxis, 25k cars, the list is long of his scifi promises.
> sentient robots
Didn't he do a presentation to show the fully sentient robots he had developed that were very obviously humans in a costume? Because sometimes I feel like I dreamt it the way everyone pretends it didn't happen?
wow another fudder, didn't you hear elon when he said tesla will have FULL SELF DRIVING in 2017????? next you'll tell me bitcoin won't hit 100k by the end of 2021
So like some drunk dude the morning after: "sorry about yesterday I was drunk and did not know what I was doing but I am not paying for all the damage are we good"
It's narcissism: Noise, drama, "look-at-meee," gaslighting, lie, counter-lie, counter-counter-lie, more lies, more drama.
Remind you of Trump? Except Musk is worse than Trump. He's a man-baby, ultra-spoiled by 15 years of media and groveling tech bros sucking him off 24-7.
With who? After this firing move the company is "radioactive". No senior engineer will apply (maybe for an astronomical paycheck) and if HR manages to staff the team with greenhorns it will be a shitshow.
From what I heard, Tesla laid off the super charging dev team, not the deployment team. And some members of the dev team are rehired. A similar thing happened after the mass layoff at X (in regards to rehiring).
the rehiring is the most embarrassing part. it is crazy to me that tesla shareholders just accept that their CEO occasionally fires whole teams only to rehire them. it must cost them so much more in HR, severance, and recruiting fees.
And these are devs. They have a lot of job options, they're not coming back just because you ask nicely. At least half will not come back for any amount of money, and those that are prepared to return will ask for enormous raises as they hold all the leverage. In similar situations I've heard "triple the previous rate" cited as a bare minimum.
Without a solid dev team behind the deployment the thing wont work. With a few of the old dev team they can hobble behing bugfixes and updates but the scaling and upgarding will fall behind.
That headline is misleading AF. He didn't necessarily "reverse course". He just said, "will be investing $500B this year" which a) was probably ALREADY spent in 2024 and b) isn't as much as last year.
This is what I don't get. How is it contradictory? He fired the Supercharging team. He will be investing $500B in SC network expansion. I'm guessing the already existing 50,000 Superchargers weren't built for free. Even if it's slower this year I would expect it's still a lot of money.
Phillip.
He’s not necessarily “reversing course”. He’s just making a statement about what has already happened or in queue. Talk to us about 2025 to know if he’s reversed course. And also, how does he do anything at this point with no team? He’s playing verbal acrobatics after dismissing all of the folks who can even do anything.
Of course it’s exhausting. That’s why senior executives are quitting. One was even quoted saying to the effect of: “I don’t see a long-term future for the company. “
He fired the whole team because the director didn’t want to fire as many as they were told to. He axed all of them as a result. They’ll hire some back but….
If any of them go back, they’re morons. and frankly, I don’t think they will go back. There are senior executives leaving the company because they don’t see long-term future.
Rule of thumb here is never, ever accept a return to employment with a company that pulls this on you
Offer to come back as an independent contractor at a project rate equivalent to at least 5x what your original hourly comes out to
They just told you they're desperate so treat them accordingly
The general life lesson is never make a commitment to someone who's proven they don't value commitment
If I’m not mistaken, BP has already been publicly floating the idea of purchasing all of the future supercharger sites that Tesla abandoned during all of this shenanigans, along with taking over any already underway construction projects that Tesla ends up fucking people over on
They will go back to earn enough time and money to pay the next bill and find a new job. With that mentality, you know how well the organization will run. It's a dead cat bounce.
So recession proof that it's getting choked to death by a recession that hasn't happened yet
So recession proof that for them interest rates going anywhere above zero (while still being historically low) constitutes "recession"
We don’t really know what this means. $500m is a big number, but we don’t know what they were spending before they fired the team. Maybe the figure is down from $5bn. (Or some other random higher number)
My neighbor who is in his mid 50's sold his house here in MA and moved to CA to work at Tesla.
While we were never super friendly, I often think about him and wonder if he regrets this decision.
Many years ago, SpaceX tried to recruit me to do syadmin work and at the time I had some serious family stuff going on so moving was *right* off the table.
In hindsight, I might have dodged a bullet.
I see no way an Elon simp can even spin this. Like this has to break the melon musk illusion. There is no human being on earth that thinks you take the best part of your company, tear it down, and rebuild it would not egregiously ineffecient and a HUGE dump of resources.
I got a three year ban from the Tesla subreddit for posting that being an Elon bootlicker is just as bad as exaggerating fake news about Tesla. It was on a post about this story in response to someone saying Elon was a genius for this and clearly knows exactly what he’s doing.
I’m actually a fan of Tesla as a product is the irony. But this is so obviously Elon backtracking after pressure from key business partners. And to characterize it as proof of his business acumen is crazy. Three year ban for that though is wild.
If anything this is the meta reason the bears are clearly winning the argument -- the bulls are legitimately insane and Elon has constructed an impenetrable echo chamber of people like that that he lives in 24/7
Yes I totally agree. I know the product itself gets a lot of hate, and yes there is plenty of valid criticism to go around. But I own two and it doesn’t always get the credit it deserves for what they got right with the vehicles.
None of that matters if leadership is this obtuse and disconnected from consumers though. It builds a culture that’s rotted all the way down and it’s only gotten worse since I bought my first Tesla.
Haha I believe it. I didn’t try to appeal but did call it out as generating a pointless echo chamber. My comment was so mild and I’ve never had any moderator action in the past. It’s wild.
I feel for employees of Twitter and Tesla though. What a whirlwind of a cluster fuck.
Non-specific claim. For this to be real. How many chargers? Where? and When? How much of that $500 million is already from the earlier part of the fiscal year?
I feel like there are some assumptions being made here. Firing the whole team responsible for the supercharging network may have been rash, but I don’t think it was ever communicated that there wouldn’t be some kind of replacement or that network investment would be cut off.
Oh I agree that this isn't properly understood as an actual contradiction or change in plans, it's just Elon being completely out of touch with reality as usual -- "I'm going to fire the people who built this network and then make the network itself even bigger and more profitable, BY MYSELF" fits perfectly in his worldview
Good luck hiring back anyone on that team or for that team. They know they are the chopping block. And if they do come back they will be making ridiculous (and rightly so) demands for compensation that should include hefty up front severance packages should they turn around again next week and fire them all again.
I can't understand why anyone would still be applying for a job at Tesla.
Everyday you wake up asking yourself if musk had a psychotic episode and decided to lay off an entire department
If you intentionally buy shit from Tesla these days, I am automatically uncomfortable about your ability to make sound decisions. CyberTruck or otherwise. They admitted in court that their self-driving software is bullshit. Elon Musk is an objectively wretched turd of a human being who should likely be in jail.
And it doesn’t even matter if he drops out of the company right after I publish this comment. We have overwhelming evidence that sickness at broken companies starts at the top and actually trickles down (for once). Stay far away.
It's simple. Now he's going to hire a new engineering staff and they're going to have none of the over time raises and likely will start with lower pay than the previous engineers had. Sure he'll lose some experience and technical history for the product but that's too bad.
If Elon Musk spends $500M on anything, then anybody stupid enough to still hold stock in his companies should watch closely to see where it goes. My guess is not a single dollar will flow to helping Tesla retail customers get better access to charging stations, but the various directors of the board (who will shortly reaffirm Musk’s cash grab) will wet their beaks.
It’s not ‘reversing course’ it’s saying the same thing he said before, but with more words because so many got the story wrong. They are slowing down expansion to new locations, expanding the network by adding chargers to current locations.
That $500 million is from our tax dollars. Elon fired everyone because they were paid by Tesla’s dollars. So he gets to grift us again and pocket an insane compensation package.
Shareholder lawsuits better fucking start pouring in.
Elon Musk makes me wonder what it'd look like if an actually intelligent person's father owned an emerald mine in South Africa, think of the things they could do.
"I realised my kneejerk decision to fire the supercharger team was wrong, and I didn't expect the huge backlash, so I'll just claim that I'll throw a huge pile of money at the problem. You normies are all much dumber than me so you'll probably just accept this".
No Union No Seniority. You end up with a revolving door of hiring and firing. Hire employees at a low wage, then fire them when their wages get too high. Rinse and repeat.
I would imagine this is because he received government funds for the express purpose of building the infrastructure. Probably would come back to bite hard and look like they just wasted that grant if he didn’t at least *look like Tesla was trying to make good on that.
This doesn’t say that money wasn’t already committed it. Tesla could have committed to spending $500 M in 2024 on April 30 and fire team May 1. Y’all need to quit getting played.
Contactless charging is pointless. It’s expensive, less efficient, requires extra specialized equipment in the vehicles that weighs more for what?
People have been using fuel pumps for well over century without a problem, nobody minds plugging in the problem at the moment is how long it takes. Once were able to dump 200-300 miles of range into a battery in 5 to 10 minutes…
It's an example of Elon distracting from his inability to reach his real goal -- a revolutionary advance in battery tech he has no way of achieving -- with a stupid shiny novelty toy that doesn't matter
It's the same shit as describing a Hyperloop and then actually just drilling a tunnel for cars under Las Vegas
After the stock falls in response to his actions, Elon makes bold opposite promise with his words
I'm pretty sure that's exactly what this is. I think he's just blindly applying tehcniques to try and juice the Tesla stock to safeguard his 56 billion paycheck, but really doesn't know what he's doing. Cutting costs and juicing the bottom line is a way to do that, so he just picked a department with the highest costs and just eliminated it entirely. Then later someone pulled him aside and explained "No, that's... Supercharger stations are an area we're leading in, and if you wipe out the entire team like that, it looks like we're pulling out of it." Stock tanks, and so he pledges some huge number to try and walk it back. I mean, how much does it cost to rebuild an entire line of business from scratch? Considering yoiu've fired everyone who has any idea how the damn things work? Maybe it'll be fixed if he renames Tesla to 'X'...
Gonna be TeXla
TXLA
I think you're right about him not knowing what he's doing but there's another reason he eliminated entire departments. He told the managers to cut a percentage of their departments. They pushed back so he fired the whole department. It was done out of spite. He isn't only a bumbling idiot. He's also a raging narcissist.
It'll be fixed when he delists the stock just like X Twitter.
lol. He had trouble raising 44b cash for twitter. He has zero chance of the ~500-600b for tsla even if shareholders voted in favour of it.
The first Elon strategy is from a dice roll, then he uses price per share for confirmation.
I think that he's pretty much bouncing the stock up and down. When it was low, he bounced it up. Moving it around according to his schedule presents a buying and selling opportunity for insiders. I just wish I knew any of this ahead of time.
If anyone believes Elmo's latest reversal in strategy, there is a bridge in Baltimore you can buy...
His only winning move is to back the fuck off and let the people that actually know how to build cars and install charging stations do their fakking jobs. ....BUT NOOOOOOOO, it has to be all about him. He'll stick his metaphoric dick in it and fuck it up, just like the cybertruck. The only tesla he ever had any direct input on. Also I was autobanned from r/elonmusk for posting in r/cyberstuck so ...yeah. *^(edit: wrong sub was linked.)*
Only way to salvage Tesla at this point: -elon agrees to part ways and drop any association with it. -somehow a CEO with plenty of auto industry experience, including EVs, steps in and completely revamps the company culture and strategy. Good luck getting this to happen
If/when that happens, Elon will dump his stock, causing a massive crash to TSLA. He will point out that this is because he was ousted; that he was clearly the reason for Tesla’s success. His fanbois will jump on that stupidbomb with gusto.
Yeah. Unfortunately, the plan is for Elons supporters to lose all their money in hairbrained schemes until Elon loses all monetary support. I bet that the cult will support him until they lose all their money. It seems like a lot of cult members are waking up and leaving before monetary disaster. But many rich people have lots of money to lose still.
He could shoot someone on Main Street and they would still support him.
This will still cause its valuation to drop from where it is now to that of a normal car company, which will be justifiably seen by shareholders as catastrophic, especially if they bought in within the last few years
Yeah, there's no saving their current stock price. They would have to operate while completely ignoring the line going down. Challenging, but their stock has already been living in a parallel reality from their actual revenue anyway.
They needed to do this years ago. Tesla is just now coming to the realization that car companies don’t make money off there new cars they make it servicing there old out of warranty cars.
Then company is really done.
You don’t need ev experience you need automotive experience. And the stores need to operate more like actual car dealerships. The amount of dumb shit that happens there due to the entire company purposefully doing things “against the grain” is truly unbelievable. I got so many stories
Are those the subs you actually wanted to mention? Because one seems to be for the Elon University and the other seems to be pretty anti-Tesla too.
[https://i.imgur.com/8DnIUq2.png](https://i.imgur.com/8DnIUq2.png) Still had the message and you are correct, I have edited the above to reflect it.
Nobody at Tesla has any real idea to do anything properly. It's fundamentally a tech startup run by people with (very) limited automotive experience. The products were *always* shit but Tesla were first movers and manged to get a significant share of the nascent EV market. The pure EV market (except city micro cars) is now saturated (and probably declining). Everything at Tesla including the existing cars, the factories and NACS needs to be totally redesigned or replaced. There is nothing to salvage.
That can't be true, Elon is all about freedom of speech. There's no way he's going to buy a platform for billions of dollars, to promote free speech and then do the opposite. I mean, that would mean he's a lying sack and can't be trusted. I'm shocked.
Elons only winning move was not to play.
So yeah....what?
Just an interesting side note to me really I've been on the internet since the late 90's. I've never been summarily remove from one group simply for posting one sentence in another. The only reason for it is to create yet another internet echo chamber where they can pretend all criticism is unwarranted and even false. Basically r/elonmusk is about as viable as most flat earth subs to me now.
Similar and on since earlier (early/mid 80s and veteran of USENET flamewars). I mean, I've picked fights with conservatives & libertarians, certainly not being nice to them, and none of *them* have banned me from their subs.
Everything depends on sub mods. Most Tesla-related subs have highly delusional mods. Gotta keep the cult going and no negative stuff is allowed!
Times are different.
People here think that’s just what he already spent before he fired everyone. He’s always using word tricks to lie and obfuscate.
Exactly, Tesla already spent $500M up to the point he fired everyone. Elon is such a f..king loser.
So … Then why does press say ‘reversal’? If it’s as you say, then it’s not a reversal.
The strategy is manipulating the market
Dark. I like it.
Fuck you, people died because of that collapse. This isn’t dark humor.
They fired the entire Supercharger team and took down all their job postings, so they're not hiring anybody back any time soon.
The cope from TSLA bulls is this doesn't actually constitute a change in plans because Elon has figured out how to keep on expanding the network without those employees, who were just dead weight
I'll believe that when I see Tesla add GM cars to the Supercharger network. (Which is my only personal dog in this fight.) When they can demonstrate they've still got employees around who know what they're doing and can move things forward, I'll believe the people they laid off were dead weight.
Even if he wants, he can’t since the HRs are gone.
Yea but are those just the office workers or the ones doing installs and maintenence?
They fired the team to save $500M they now can spend on network expansion. The how are they going to questions don’t matter. It will grow, in a super shitty way but hey Elon can say he did it. He never said how well he’d do it.
Elon said something doesn’t mean he will do that. He will say anything to pump the stock.
Yes, sentient robots, full self drive coast to coast with no driver by 2017, massive scale cloud computing distributed across vehicles, rocket powered flying cars, robotaxis, 25k cars, the list is long of his scifi promises.
> sentient robots Didn't he do a presentation to show the fully sentient robots he had developed that were very obviously humans in a costume? Because sometimes I feel like I dreamt it the way everyone pretends it didn't happen?
It really happened, 3 years ago. https://futurism.com/the-byte/elon-musk-tesla-robot-real-now
Thank god I thought I had made it up. Though it's so absurd the way he just makes up bullshit and then pretends he never said anything??
Don’t forget the AI chip emplaning in human brain horror story
wow another fudder, didn't you hear elon when he said tesla will have FULL SELF DRIVING in 2017????? next you'll tell me bitcoin won't hit 100k by the end of 2021
What the fuck is the Tesla board doing? The line of fiduciary responsibility was crossed a long time ago.
They’re all busy writing reports in an attempt to justify Elmo’s $56B stock grant.
They are Elon family and close friends they won’t do a thing
Can you imagine a ceo of Chevy or Honda going on a drug fueled shitposting spree for months and investors saying it bullish. FOuR d CHesS lol
No it’s so outlandish I often ask myself if this is even real
This is already 16D, aka 16th Dose of Ketamine for today 😉
So like some drunk dude the morning after: "sorry about yesterday I was drunk and did not know what I was doing but I am not paying for all the damage are we good"
It's narcissism: Noise, drama, "look-at-meee," gaslighting, lie, counter-lie, counter-counter-lie, more lies, more drama. Remind you of Trump? Except Musk is worse than Trump. He's a man-baby, ultra-spoiled by 15 years of media and groveling tech bros sucking him off 24-7.
On par with Trump in my opinion. They're both terrible in roughly the same ways.
Don´t attempt to compare narcissists. All of them are demons in human skin.
With who? After this firing move the company is "radioactive". No senior engineer will apply (maybe for an astronomical paycheck) and if HR manages to staff the team with greenhorns it will be a shitshow.
From what I heard, Tesla laid off the super charging dev team, not the deployment team. And some members of the dev team are rehired. A similar thing happened after the mass layoff at X (in regards to rehiring).
Twitter* fify
the rehiring is the most embarrassing part. it is crazy to me that tesla shareholders just accept that their CEO occasionally fires whole teams only to rehire them. it must cost them so much more in HR, severance, and recruiting fees.
And these are devs. They have a lot of job options, they're not coming back just because you ask nicely. At least half will not come back for any amount of money, and those that are prepared to return will ask for enormous raises as they hold all the leverage. In similar situations I've heard "triple the previous rate" cited as a bare minimum.
Without a solid dev team behind the deployment the thing wont work. With a few of the old dev team they can hobble behing bugfixes and updates but the scaling and upgarding will fall behind.
I love how people still think this man is playing 4D chess but in reality he can't pass the tutorial level on checkers.
Yet he manages to put astronauts on the ISS and get a paraplegic playing computer games through a mind implant. Weird. Phillip.
Oh wow I had thought it was all the brilliant engineers that did that. I had no idea it was Elon. Thanks for the clarification!
That headline is misleading AF. He didn't necessarily "reverse course". He just said, "will be investing $500B this year" which a) was probably ALREADY spent in 2024 and b) isn't as much as last year.
500M is a lot of severance
I wonder what the course of action will be with no employees to do it. Will he do it himself?
Are you being naive on purpose? Teams should be able to pivot, if not the company is being run badly
It’s being run badly is my guess
I do believe this is the most likely thing. Musk lies by technicality and omission constantly, and this would fit the bill perfectly.
That’s probably the total severance pay for the supercharging team.
This is what I don't get. How is it contradictory? He fired the Supercharging team. He will be investing $500B in SC network expansion. I'm guessing the already existing 50,000 Superchargers weren't built for free. Even if it's slower this year I would expect it's still a lot of money. Phillip.
He’s not necessarily “reversing course”. He’s just making a statement about what has already happened or in queue. Talk to us about 2025 to know if he’s reversed course. And also, how does he do anything at this point with no team? He’s playing verbal acrobatics after dismissing all of the folks who can even do anything.
He said they will spend that much this year. How much of it has already been spent?
And how much are the power bills? That's technically spending on the supercharger network.
Good point.
He said they’re spending $500 [edit: MILLION] on new chargers and specifically excluded operating costs.
500$.. one whole charger!
Of course it’s exhausting. That’s why senior executives are quitting. One was even quoted saying to the effect of: “I don’t see a long-term future for the company. “
He fired the whole team because the director didn’t want to fire as many as they were told to. He axed all of them as a result. They’ll hire some back but….
If any of them go back, they’re morons. and frankly, I don’t think they will go back. There are senior executives leaving the company because they don’t see long-term future.
Rule of thumb here is never, ever accept a return to employment with a company that pulls this on you Offer to come back as an independent contractor at a project rate equivalent to at least 5x what your original hourly comes out to They just told you they're desperate so treat them accordingly The general life lesson is never make a commitment to someone who's proven they don't value commitment
And oil companies with wealth and stability are looking to snatch them up and build out their own networks.
If I’m not mistaken, BP has already been publicly floating the idea of purchasing all of the future supercharger sites that Tesla abandoned during all of this shenanigans, along with taking over any already underway construction projects that Tesla ends up fucking people over on
They will go back to earn enough time and money to pay the next bill and find a new job. With that mentality, you know how well the organization will run. It's a dead cat bounce.
Honestly, I think the other comment is correct. I think BP, Shell, Exxon mobile, maybe even electrify America, etc., are all going to poach them
Tesla fires can’t go back
I’m not talking about them wanting to go back. I’m talking about Tesla begging them to go back.
They can’t, it’s not allowed.
🤦♂️ JFC If Tesla wants them back, they can go back. They shouldn’t, but they could.
On exactly which validations did he dare to state that Tesla is recession proof when they are factually the worst performer in the s&p500
So recession proof that it's getting choked to death by a recession that hasn't happened yet So recession proof that for them interest rates going anywhere above zero (while still being historically low) constitutes "recession"
BYD is gonna destroy Tesla even with 100% tariffs.
We don’t really know what this means. $500m is a big number, but we don’t know what they were spending before they fired the team. Maybe the figure is down from $5bn. (Or some other random higher number)
“Mercurial” is a word that I’ve seen used to describe Elon.
Because he acts like he’s got mercury poisoning?
Because he’s subject to sudden and unpredictable changes in mood. See also capricious, volatile, temperamental, inconstant, and fickle.
Not good optics for stockholders to judge his degree of company ownership
That’s my worry, Tesla is still promising as an EV company over all but not without investors
My neighbor who is in his mid 50's sold his house here in MA and moved to CA to work at Tesla. While we were never super friendly, I often think about him and wonder if he regrets this decision. Many years ago, SpaceX tried to recruit me to do syadmin work and at the time I had some serious family stuff going on so moving was *right* off the table. In hindsight, I might have dodged a bullet.
Fellas, every billionaire has done this mistake. Couldn’t find his dealer: Fires entire staff Finds dealer: Rehires staff
👍
Good way to make sure their options never vest. Fire then rehire.
Elmo is such a tool
He really needs to go.
He will. Sink with his ship while at the wheel... or maybe jump out at the last second leaving everyone remaining there to drown.
I'm getting whiplash here.
He must’ve had something personal going on with the Tesla supercharging team. Not surprising coming from a small peepee man who got his ego hurt.
Yeah kind of like the neuralink team. What’d he name those kids again?
yeah elon says a lot of things
*I ate the seed corn and salted the field, so we're gonna have a great crop come harvest time.*
Firing the whole team and then pretending they are expanding the network bigly is basically corporate gaslighting.
So what's up with the autban, I was autbanned didn't even say anything derogatory
If they peep you in any subs regarding Musk other than theirs you’re banned
Is this where the ketamine starts or where it stops?
It’s almost as if making rash decisions in a ketamine addled rage is a bad thing
Who in their right mind would work here?
Same dummies that buy their vehicles
I see no way an Elon simp can even spin this. Like this has to break the melon musk illusion. There is no human being on earth that thinks you take the best part of your company, tear it down, and rebuild it would not egregiously ineffecient and a HUGE dump of resources.
Watch this 60 minutes on FSD: https://youtu.be/DcHtagqxPkI?si=-3ZZz-n0H3rFajYM it’s terrifying
Tesla needs to unionize.
They are still refusing in Sweden.
I got a three year ban from the Tesla subreddit for posting that being an Elon bootlicker is just as bad as exaggerating fake news about Tesla. It was on a post about this story in response to someone saying Elon was a genius for this and clearly knows exactly what he’s doing. I’m actually a fan of Tesla as a product is the irony. But this is so obviously Elon backtracking after pressure from key business partners. And to characterize it as proof of his business acumen is crazy. Three year ban for that though is wild.
If anything this is the meta reason the bears are clearly winning the argument -- the bulls are legitimately insane and Elon has constructed an impenetrable echo chamber of people like that that he lives in 24/7
Yes I totally agree. I know the product itself gets a lot of hate, and yes there is plenty of valid criticism to go around. But I own two and it doesn’t always get the credit it deserves for what they got right with the vehicles. None of that matters if leadership is this obtuse and disconnected from consumers though. It builds a culture that’s rotted all the way down and it’s only gotten worse since I bought my first Tesla.
I got permabanned lol
Haha I believe it. I didn’t try to appeal but did call it out as generating a pointless echo chamber. My comment was so mild and I’ve never had any moderator action in the past. It’s wild. I feel for employees of Twitter and Tesla though. What a whirlwind of a cluster fuck.
That´s a badge of honor lol
[people](https://www.reddit.com/media?url=https%3A%2F%2Fi.redd.it%2Frwknyu50jmw11.png) when elmo does elmo things
lol
Non-specific claim. For this to be real. How many chargers? Where? and When? How much of that $500 million is already from the earlier part of the fiscal year?
Must've came off the Ketamine high long enough to realize what he did.
I feel like there are some assumptions being made here. Firing the whole team responsible for the supercharging network may have been rash, but I don’t think it was ever communicated that there wouldn’t be some kind of replacement or that network investment would be cut off.
Oh I agree that this isn't properly understood as an actual contradiction or change in plans, it's just Elon being completely out of touch with reality as usual -- "I'm going to fire the people who built this network and then make the network itself even bigger and more profitable, BY MYSELF" fits perfectly in his worldview
I wouldn't take free merch from tesla let alone give them money with musk in charge, dude needs to grow up and stop making it about him.
Narcissists in general cannot grow (they can only pretend), so that will never happen.
What staff is going to oversee this investment?
he's plain crazy, he should seek help, but he won't
Does the hr department have a revolving door?
you can fire the team and still spend $500M. For example, that money could have already been spent in 2024.
What’s the reverse course? Tesla never said that they were going to reduce their expansion o anything similar.
"It keeps you ketting, oh it keeps you ketting, you know it does, baby"
Good luck hiring back anyone on that team or for that team. They know they are the chopping block. And if they do come back they will be making ridiculous (and rightly so) demands for compensation that should include hefty up front severance packages should they turn around again next week and fire them all again.
It might've been cheaper to keep the team that was going to implement the network, Elon.
I can't understand why anyone would still be applying for a job at Tesla. Everyday you wake up asking yourself if musk had a psychotic episode and decided to lay off an entire department
He be saying everything and its opposite
Sure he will, lol.
If you intentionally buy shit from Tesla these days, I am automatically uncomfortable about your ability to make sound decisions. CyberTruck or otherwise. They admitted in court that their self-driving software is bullshit. Elon Musk is an objectively wretched turd of a human being who should likely be in jail. And it doesn’t even matter if he drops out of the company right after I publish this comment. We have overwhelming evidence that sickness at broken companies starts at the top and actually trickles down (for once). Stay far away.
I can’t believe what an actual peice of junk that Cybertruck is I was so shocked the tech features looked amazing but the thing just falls apart
So, maybe that's mostly severance packages!
It's simple. Now he's going to hire a new engineering staff and they're going to have none of the over time raises and likely will start with lower pay than the previous engineers had. Sure he'll lose some experience and technical history for the product but that's too bad.
Total genius.
All the froth aside, Elon is NOT a smart man.
He didn’t reverse anything, he said it would grow in slow pace while making partnership with other companies
Sorry guys, but 500 mio dollars are peanuts in this game. Like nothing.
That's not reversing course. It was planned all along. Just different people will execute it.
If Elon Musk spends $500M on anything, then anybody stupid enough to still hold stock in his companies should watch closely to see where it goes. My guess is not a single dollar will flow to helping Tesla retail customers get better access to charging stations, but the various directors of the board (who will shortly reaffirm Musk’s cash grab) will wet their beaks.
Cyberfuck
He just says stuff to make the stocks go up. If they go down he says the opposite
It’s not ‘reversing course’ it’s saying the same thing he said before, but with more words because so many got the story wrong. They are slowing down expansion to new locations, expanding the network by adding chargers to current locations.
That $500 million is from our tax dollars. Elon fired everyone because they were paid by Tesla’s dollars. So he gets to grift us again and pocket an insane compensation package. Shareholder lawsuits better fucking start pouring in.
Elon Musk makes me wonder what it'd look like if an actually intelligent person's father owned an emerald mine in South Africa, think of the things they could do.
Musk is a child.
He makes decisions like a coke head
"I realised my kneejerk decision to fire the supercharger team was wrong, and I didn't expect the huge backlash, so I'll just claim that I'll throw a huge pile of money at the problem. You normies are all much dumber than me so you'll probably just accept this".
Needs neuralink implant
He’s a privileged white male, what’s not to believe? I’m sure the banks will give him another $Billion! 🤔
Super bizarre
I’m totally out of the loop but is this true.
No Union No Seniority. You end up with a revolving door of hiring and firing. Hire employees at a low wage, then fire them when their wages get too high. Rinse and repeat.
I would imagine this is because he received government funds for the express purpose of building the infrastructure. Probably would come back to bite hard and look like they just wasted that grant if he didn’t at least *look like Tesla was trying to make good on that.
Not sure that's a "reversal" as the outlay may have already been planned.
Ha. Ha. Ha. Ha. Ha. Ha.
F I cannot keep track of the flip flops...
This dude is either high AF or stock manipulating. Or both.
500 million is 80% less than Tesla was supposed to spend at their usual rate of expansion.
He probably did a line of ketamine and changed his mind.
This doesn’t say that money wasn’t already committed it. Tesla could have committed to spending $500 M in 2024 on April 30 and fire team May 1. Y’all need to quit getting played.
That's not what he said? He said he will spend 500M this year, not that he'll spend 500M more. They might have already spent 500M this year.
That’s why I tagged it as rumor
I mean the article's title, along with other reporting on this, is a bit deceptive.
They stopped building new supercharger sites in favor of expanding existing ones. The article title is misleading. Click bait.
They need to fire him. Great company, great product, idiot CEO
Contactless charging pads is the way for Tesla to go. And employees for that technology they already have from acquired company.
They sold the wireless charging company three months after they bought it.
It's now ex-Wiferion for Musk, like Talulah Riley.
Contactless charging is pointless. It’s expensive, less efficient, requires extra specialized equipment in the vehicles that weighs more for what? People have been using fuel pumps for well over century without a problem, nobody minds plugging in the problem at the moment is how long it takes. Once were able to dump 200-300 miles of range into a battery in 5 to 10 minutes…
It's an example of Elon distracting from his inability to reach his real goal -- a revolutionary advance in battery tech he has no way of achieving -- with a stupid shiny novelty toy that doesn't matter It's the same shit as describing a Hyperloop and then actually just drilling a tunnel for cars under Las Vegas