Elon Musk won't fix Tesla's most serious problems—which he created—and he still demands "unfathomable" pay. The solution is to remove Tesla's biggest risk: Elon Musk
What is covered in the Full Insight:
Plunging sales & growing losses
Cybertruck Has Been A Disaster
Model 2 Scrapped
Misguided Focus on Robotaxi
Problems with Management and Tesla Board
Boomeranged on Wed, 1 May 2024 08:08
As I warned, Elon Musk's next move is typically worse than the last. News today reports he axed Tesla's supercharger group, new product development, & policy groups overseeing compliance with regs & laws. This adds to already 10-15% layoffs & other veteran execs out. None of it makes sense unless, as I've called out before, Musk is panicking under the pressure of much worse news coming out soon.
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