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Is the long awaited Tesla Crash-Up underway?

Here is a list of executive departures since 2016:

2018
May - Matthew Schwall, director of field performance engineering, exits to join Alphabet's self-driving unit, Waymo.

April - Georg Ell, director of Tesla's Western Europe operations, leaves to head UK-based Smoothwall.

March - Chief Accounting Officer Eric Branderiz exits after joining in October 2016.

March - Susan Repo, corporate treasurer and vice president of finance, exits to become chief financial officer at another company.

February - Jon McNeill, president of global sales and services, leaves to join ride-hailing company Lyft as chief operating officer.

January - Jason Mendez, director of manufacturing engineering, leaves after more than 12 years.

January - Will McColl, manager of equipment engineering, leaves after seven years.

2017
November - Jon Wagner, director of battery engineering, who joined in 2013 exits to launch a battery and powertrain startup in California.

September - Diarmuid O'Connell, vice president of business development, departs.

August - Kurt Kelty, director of battery technology and then one of the longest serving company executives, exits. He led negotiations with Panasonic on the company's gigafactory in Nevada.

July - SolarCity co-founder Peter Rive leaves the company, eight months after Tesla bought the biggest U.S. residential solar panel maker.

June - Chris Lattner, vice president of autopilot leaves within six months of joining.

June - SolarCity founder Lyndon Rive leaves the electric vehicle maker.

May - Arnnon Geshuri, who led HR at Tesla for more than eight years, departs.

April - Chief Financial Officer Jason Wheeler leaves to pursue public policy projects; replaced by Deepak Ahuja, who served as CFO before Wheeler.

March - Mark Lipscomb, vice president of human resources, departs to join streaming service provider Netflix.

March - Satish Jeyachandran, director of hardware engineering, leaves after seven years with the company; later joins Waymo.

March - David Nister, vice president of autopilot vision, departs to join chipmaker Nvidia.

March - Klaus Grohmann ousted after a clash with CEO Elon Musk over the strategy at Grohmann's firm, which Tesla had acquired in November. Grohmann Engineering helped companies design highly automated factories.

January - JLM Energy says Ardes Johnson, who worked as director of sales at Tesla Energy, joins as a vice president.

January - Sterling Anderson, head of Tesla's autopilot system, leaves the company.

2016
December - Mateo Jaramillo, vice president of Tesla Energy, leaves after seven years.

July - Rich Heley, vice president of product technology, departs to join Facebook.

May - Josh Ensign, vice president of manufacturing, leaves; joins startup Proterra as chief operating officer.

May - Greg Reichow, vice president of production, leaves as the company prepares to launch Model 3, and sharply ramp up production.

April - James Chen, vice president of regulatory affairs and deputy general counsel, leaves to join rival Faraday Future.

March - Ricardo Reyes, vice president of global communications, leaves.

March - Michael Zanoni, vice president of finance and worldwide controller, departs to join Amazon.

January - Chief Information Officer Jay Vijayan leaves Tesla to create his own startup.
https://www.cnbc.com/2018/05/15/tesla-executive-departures-since-2016.html
 
i have watched tesla for a number of years as an investor

i think elon musk as an inventor is absolutely brilliant

i think as a business man he lacks focus, and needs to put someone else in charge of tesla

there are plenty of great idea men....but very few of them are actually great business people

i still havent invested....lots of potential, no profits....bad mojo for me
 
I don’t get the point of this thread. Musks place as an innovative genius is cemented. You can’t innovate without risking failure.

You’re just a critic envious of a liberal genius.


Sent from my iPhone using Tapatalk
 
Speaking of Tesla...


Tesla SUV earns a Guinness World Record for towing massive airplane

Tesla's Model X SUV is so strong it earned a Guinness World Record for towing.

Tesla released a video on Tuesday that shows ones of its electric SUVs towing a 287,000-pound Boeing 787-9 dreamliner nearly 1,000 feet on a taxiway at the Melbourne Airport in Australia.

The plane is part of Qantas Airlines' fleet and the effort set a new Guinness World Record for being the "heaviest tow by an electric production passenger vehicle."​
 
Counterpoint to the crash theory:

Things are starting to look good for the 5,000 vehicles per week goal within the next two months.

While the production ramp seems to finally be hitting the good part of the S curve after months of delays, at this point, I am more impressed by the fact that Tesla is finding enough Model 3 reservation holders to buy 3,500 vehicles per week with only the current and more expensive configuration available.

I always thought that the bulk of the demand for the Model 3 was at closer to $40,000 with the standard battery pack, but it looks like many reservation holders are actually willing to pay a lot more.

And now things are going to get even more interesting if Tesla indeed opens Model 3 orders for the dual motor and performance versions by the end of the week.

It could turn out to be a very important week for Model 3 production.
https://electrek.co/2018/05/15/tesla-model-3-production-500-per-day-elon-musk/

Another thing, there are getting to be enough of these things out in customer hands that not hearing about quality problems means something.



STOP THE PRESSES!

Apparently maybe they need to shut the line down for a week to do another ReJig

https://seekingalpha.com/news/3357127-tesla-loses-two-top-energy-leaders
 
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Maybe more than a little too vain, showing off is important, more important than doing a good job maybe.

I admire Musk for what he as done with Space X. With the cars, not so much. The market is demonstrating that his product is nice, but obviously not in high demand. And it has not yet made a profit, so until it does, it is an economic failure. Nice car, but way too expensive.

The one that caught on fire in Switzerland a few days ago demonstrates the down side of Lithium Ion batteries, rather like the explosion last year of the rocket at Cape Canaveral pre-launch. Cool technology for sure, but potentially very dangerous.
 
Just in the last couple of months:

A already weak management team has hemorrhaged people, to include I think it is the top two financial officers

Has had some autopilot crashes

The Musk conference call melt-down

Musk plowed another $10 million of his own money into the stock...supposed to read confidence but I read desperation.

The Fremont factory and some other stuff is now pledged as collateral to the banks

One of his top lieutenants, the production guy, is on a 6 week sabbatical it is said, and he will come back it is said, as poor model 3 production bleeds the company at an alarming rate..apparently he needs to clear his head

The Model 3 factory had to close and rejigger because they decided that they had too many robots

Musk is now he says shrinking managements size ( kinda needs to with all the people he has lost) and streamlining operations as in making cuts in what they will try to accomplish.

Tesla apparently did not keep the books right re safety at the Fremont plant, and apparently accident rates might be a problem

.

.

.

.

Is this it?

?

I don't think so, Hawk. There is major corporate investment in the form of autonomous truck pre-orders, by companies not known for throwing their money away. That alone tells me they're not going anywhere.

But also it's the automotive industry, these are actually small issues...it's a question of scale. I've had a scratch you can barely feel with your fingernail cost me $100k per week in scrap alone... Bleeding money happens. :)
 
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