Some highlights I found interesting:
After Tinucci had cut between 15% and 20% of staffers two weeks earlier, part of much wider layoffs, they believed Musk would affirm plans for a massive charging-network expansion.
Musk, the employees said, was not pleased with Tinucci’s presentation and wanted more layoffs. When she balked, saying deeper cuts would undermine charging-business fundamentals, he responded by firing her and her entire 500-member team.
The departures have upended a network widely viewed as a signature Tesla achievement and a key driver of its EV sales.
Despite the mass firings, Musk has since posted on social media promising to continue expanding the network. But three former charging-team employees told Reuters they have been fielding calls from vendors, contractors and electric utilities, some of which had spent millions of dollars on equipment and infrastructure to help build out Tesla’s network.
Tesla’s energy team, which sells solar and battery-storage products for homes and businesses, was tasked with taking over Superchargers and calling some partners to close out ongoing charger-construction projects, said three of the former Tesla employees.
Tinucci was one of few high-ranking female Tesla executives. She recently started reporting directly to Musk, following the departure of battery-and-energy chief Drew Baglino, according to four former Supercharger-team staffers. They said Baglino had historically overseen the charging department without much involvement from Musk.
Two former Supercharger staffers called the $500 million expansion budget a significant reduction from what the team had planned for 2024 - but nonetheless a challenge requiring hundreds of employees.
Three of the former employees called the firings a major setback to U.S. charging expansion because of the relationships Tesla employees had built with suppliers and electric utilities.
AFAICT, the charger network is a huge part of Tesla’s value proposition. Laying off the entire 500 person team like this is going to be a massive, massive disruption no matter what anyone says, you can’t just patch it with [checks notes] an entirely different team. It’s going to take that new team months to get up to date, put out fires, find their bearings, etc. and by that point, issues are already snowballing. The rapport and contacts problem is also going to be enormous; basically shit canning all of the company’s industry/logistics ambassadors is what, in any other light, would be called a disaster. This is going to be a clusterfuck, and that’s before any competitors interested in starting their own charger network start scooping these newly available specialists up.
It’s incredible to see this man still idolized, even by bosses and other execs, as he tanks not just one but two household name businesses AT THE SAME TIME.
At this point, I’ve lost count of the number of times Elon should have been let go. I recall him recently saying that dosing himself with cat tranquilizers was cool and a good business decision actually.
That’s not even getting into turning Twitter into a Nazi bar (and throwing out its extremely valuable branding) or pushing for the cybertruck that cuts its passengers, looks like a dumpster, and corrodes if you look at it funny.
The fact any board of directors considers this man employable at all is mind boggling to me.
All recent events indicate that the board of directors are seriously manipulated by the chief executive and are not good at taking sane decisions. Musk companies, OpenAI and Theranos are good examples.
As I recall, there was a board meeting of Theranos where they summoned Elizabeth Holmes to fire her for misleading them about the state of development of the project. But she managed to get them to reverse that decision and then take action against the person that reported her.