Same. I think either SVP of Powertrain and Energy Engineering Drew Baglino (who also just recently left/got laid off) should have become CEO. I also think Herbet Diess, former VW CEo who was spearheading their transition to EVs but was forced out of the company 2 years ago, could also be an interesting choice for future Tesla CEO. Both of them seem to want to do what Tesla has been initially aiming for but would lack the chaos of Elon.
Weird that the larger the compensation package is, the less accountability there seems to be. As a shareholder, I would like to know what decisions he makes. He decided to fire the Supercharger team, we know this. But was it also his meddling that removed the turn and gear selection stalks on the new Model 3? Make the horn on original Plaid a capacitive touch button? Remove proximity ultrasonics without a functioning replacement? Slash prices without a concerted effort to advertise? A number of the decisions lately don’t survive scrutiny; they seem to bear the signature of a disconnected man who people don’t/cannot stand up to.
He caught the ball and... and forfeits? The draw of the Tesla Supercharger Network isn't the plug itself, but the reliability, affordability, and widespread deployment of the network. Dropping the entire team leaves no one at the wheel!
I'm sure your job at mcdonalds qualifies you to make that assessment about him, According to you Elon doesn't know what he's doing at should get expertise from youtube commentor.
@@Json918 lol true. Also even if Elon is wrong there are thousands of the worlds most compantent people lined up to work there. From Elon's point of view, its probably riskier to keep a under performing team than it is to replace them.
Elon: Says he alone deserves 55 billion Elon: Fires thousands of employees costing around ~ 1 billion yearly So basically he thinks he is worth more than all those employees 55 times over. He definitely doesn’t deserve the bonus after all this
He did a lot for the company in those years and the growth was insane. Almost feels like he is trying to tank it deliberately now which shows just how much he is losing it.
Its not just about cost cutting its about keeping productivity and efficiency high. If left unchecked, a company will trend towards less efficient, less productive, and less risk taking. Part of Elons job is make sure that doesn't happen and be the existential threat that keeps employees from weakening the company. Its not pretty but every company that changes the world has a leader that does this (Steve Jobs for example). Also Elon was not paid $55B. He was paid 12% ownership in Tesla (for 1100% increase in shareholder value). He only gets money if he sells shares and he wants to retain shares for voting control of the company.
I would not say losing it so much as shifting focus. But for legacy anybody with backers, especially government backers, can build electric cars if the company is properly managed. BYD uses over 100 of Tesla's patents. Already people are buying cars because Teslas are seen a common. Even when they are inferior. It is going to take many billions to win the AI race; The current talk is AI in cars and robots but it will be everywhere. He is truly investing in the future of the company while there is the money there to do it.
Thank you for calling attention to this issue and for being critical of Elon's move here. As an owner and investor, I've had reservations about his leadership for a few years now. These episodes keep getting worse, yet for some, nothing he does seems to go undefended. I've often wondered what he'd have to do to shake people out of their mindset and get them to realize he is imperious, emotional, and chaotic, and that this threatens both the mission and the company. Firing the whole Supercharging team in particular is just wild. I use the chargers every week and they are great. This arm of the company is what drives people to buy the cars, even if the margins on charging are relatively small. Firing THE ENTIRE TEAM is a broad-brush move that doesn't come from any logical analysis. I don't see how it wasn't simply done on a whim as a symbolic gesture. Elon will have True Believers to the bitter end, but I'd like to think that most Tesla boosters have the ability to be a bit more impartial. Hopefully the pro-Tesla camp will be less pro-Elon going forward.
I can't wrap my head around why Elon would fire the entire Supercharger team, especially after the huge win that Tesla gained by having multiple legacy automakers adopt the NACS. Not to mention, expecting share holders to approve a $55B dollar payout for Musk after firing 10% of Tesla's workforce and then immediately the entire Supercharger team, is one of the slimiest things that I have seen in a while.
I think it’s wrong and ridiculous for shareholders to approve his package. They should come back with something reasonable. The original package wasn’t negotiated by the board.
Tesla needs to save money? There are two ways they save an equal amount: 1) Fire Musk, or 2) fire EVERY OTHER EMPLOYEE for a DECADE. I know which I'd pick.
I'm sure your job at mcdonalds qualifies you to make that assessment about him, According to you Elon doesn't know what he's doing at should get expertise from youtube commentor.
At this rate, all of the Tesla skeptics and haters are probably gonna be right about the company falling into obscurity if Elon continues to go on the wrong path and divests from core parts from the company that made it successful
I have told people if they plan on road tripping that the only EV they should consider are Teslas because of the super charger network. I don’t love the product compared to their competitors but the charging network is the main reason I would tell people to buy their product. It is very concerning that they made this decision.
@@AbolishCommunism I would say the uncertainty is the main concern behind it. Like yes the amount of super chargers are mostly enough to meet the need unless your in Cali but with more and more EVs being created and adopting NACS I would say that the possibility of there not being enough charger has a greater chance to increase.
I saw one independent installations contractor post a video that he was sad for those let go, & how, but understood that he & his peers would continue to be paid & supplied, PLUS new contractors and site owners, such as Walmart & "transitioning" BP, etc., gas stations, were already being scheduled for taking over from the old team's expansion projects. Also, that the "pudding proof" of the new deployment process would sooner than later suffice as "explanation" much better than Tesla attempting to convince the already doubting public of the veracity of their new approach.
I saw one independent installations contractor post a video that he was sad for those let go, & how, but understood that he & his peers would continue to be paid & supplied, PLUS new contractors and site owners, such as Walmart & "transitioning" BP, etc., gas stations, were already being scheduled for taking over from the old team's expansion projects. Also, that the "pudding proof" of the new deployment process would sooner than later suffice as "explanation" much better than Tesla attempting to convince the already doubting public of the veracity of their new approach.
I think he’s getting off on wielding the absolute power he has at Tesla and making a scene so that he seems more responsible for the success of the company than he legitimately is. As if this is some bold and necessary decision and we need Elon to fix the entire operations of the company. My two cents.
@@SirHackaL0t. The cost of building and maintaining these charging stations will cause massive losses for Tesla. Time to let the other companies do their part. The utilisation rate is low (200 kWh/handle/day) and the income doesn't even cover the expenses. (Capex and opex)
The moment I was ‘concerned’ about Elon was when he tried closing all showroom stores and fire all employees there, and then one week later walking back that decision because of ‘lease obligations’. That was many years ago now. It was clear then this man’s head is not screwed on straight. Also that he has no empathy for his employees. Like at all.
This is bonkers because with (supposedly) Cybertrucks, and Semi's hitting the roads, and a whole slew of new auto companies trying to ramp up their access, there has never been a more cucial time to have a well trained staff of people managing those changes/expansions. Certainly doesn't feel like the move one would make if the mass market cheaper model (whatever that is) was still on the cards. IF that were happening, there would almost certainly be a need for more sites and more stalls. Everything about these last two weeks smells like Reuters may not have been lying (again), that perhaps, Elon is lying (again). Elon needs to urgently review his Ketamine doseage.
I'm sure your job at mcdonalds qualifies you to make that assessment about him, According to you Elon doesn't know what he's doing at should get expertise from youtube commentor.
Cybertruck should one day benefit from V4 stalls (if they ever get the charging curve up) and anyone towing (including X/Y owners) will want pull-thru stalls. Let's hope that more gas stations add NACS chargers and keep them maintained. Who knows what will happen. The SC team might begin to grow again soon.
This decision is a slap in the face of Renters. Until you have EV chargers ubiquitous like gas stations, EVs are going to continue to be limited to mostly Home owners…
And that doesn't account for all the people, like me, who tried it a few times and realized it was more of a party trick then a reliable way to get around.
Yeah. I underestimate the amount of anxiety people can have with driving. I am a safe and defensive driver. Never been in an accident. I am able to fully trust the system but I forget that people have different experiences with driving and the anxieties associated with it. Basing the robotaxi news on my experience, I assumed the timeline provided was accurate to conservative. Seeing more and more people panic or even intervene when the car knew what it was doing has me rethinking that.
As a Tesla owner and investor I'm finding it very difficult to bring myself to vote for his compensation package after a few recent decisions. Robo Taxi means absolutely nothing to me and this is coming from an IT guy with over 30 years in the industry of computer systems, cyber security, robotics etc. Many thought Uber and Lyft etc. would be profitable side gigs to get into and they're not. Most drivers have a hard time wrapping their minds around self driving cars. Others are uncomfortable with it even f they're behind the wheel....so now you want people to sit in the back and hope that a stranger's EV gets them to one point to another accurately and safely. I have the latest version of FSB and it still makes some dumb mistakes not even humans would make. Maybe by August 8th it would have improved so much that all that I think will go wrong won't and it will be a success but I don't think I'm wrong and I don't think the consumer adoption rate is going to be all that they're selling us drivers.
I am a Tesla and a Lucid owner. When conversion to NACS talk started floating, I was frustrated and a bit perplexed that Peter Rawlinson, the CEO of Lucid, seemed slow on the uptake compared to the leaders of other EV brands, especially given the problems that people were having with Electrify America. But now I see the issue in a new light. Rawlinson was the Chief Engineer of the original Model S, and he consequently knows Musk better than do any of his counterparts at other automakers. My own experience with owning two Teslas (a 2015 Model S P90D and a 2021 Model S Plaid) had taught me that what Tesla promises today (and sometimes charges for) can be taken away tomorrow. It seems Rawlinson knew it, too.
This is baffling. What the hell?! I am pissed. I signed the Aptera petition for NACS to be the national standard. Tesla was great because of supercharging. This is so dumb that I can’t even believe it is real news. Elon went from my favorite innovator to destroyer of dreams. Twitter becoming X was similar levels of stupid. Elon needs to not be the CEO anymore. This is the straw that broke the camel’s back for me.
I agree, this is huge misstep. I tried FSD and it tried to run me off the road twice. The first crash of these "robotaxi's" tesla is going to be sued and they are going to be regulated out of existence. Then what Mr. Musk. Have a robust charging network was why I bought my model y in the first place.
This will go down as Elon Musk's second worse decision. The first is of course buying Twitter. Maybe the industry should have stayed with CCS, and cleaned up the connector design and comm protocol. And maybe the Tesla board should spin Elon and his robot toys and taxis out of Tesla, and run Tesla to become the #1 electric car company in the world, including the #1 charging network for all electric cars. He can always bitch about being fired on "X".
Him wasting 10-20 billion dollars of his money and some of other wealthy investors on twitter is bad but tesla and EVs is far more important and this kneecaps the company.
You mean the Board that consists of his brother and the sycophants they seated around that table? Not likely. At this point, the only ones that have the power to do that are the institutional shareholders. Ironically, they'd have a better chance at successfully removing Musk by approving his stratospheric pay package, because then he'll actually have the financial means to follow through on his threat to take his FSD, robotics and AI pipe dreams and go lead his own company, leaving the mundane business of electric car manufacturing and charger network building/administration to the Tesla company. I own a Tesla, but am not a shareholder, and I am certainly rooting for that outcome.
Yeah i partly agree with this. CCS is a shit connector though. Letting that group make a new connector would have taken too long and NACS is better in every way and already was there. The move to NACS was good, but i think they could have done it in a way that de-centers Elon/Tesla from it sooner. Hopefully the other charging network competitors decide to ramp up their own expansions and conversions and hire a lot of these former Supercharger team members, that's the only possible good that could maybe come out of this is Electrify America, Ionity, ChargePoint, Ionna, etc, all see (and fund) an opportunity to further fast track their efforts. But yeah I think Elon's time as CEO should come to an end soon. Spin off the Tesla-bot and robotaxi and let Elon take it out on it's own. Though that'd be complicated cause the Tesla Bot will be using FSD data/Dojo Supercomputer (which belongs to Tesla) too so Elon would either have to agree to start from scratch on the AI side or they'd have to figure out some agreement to share.
I truly cannot understand how he can claim to want to be the leader in transitioning us away from gas and pull a move like this. It is arguably one of, if not the most fundamental part in setting up a future with electric vehicles
@@user-ld7vk9bj6mTesla was not found by Elon Musk. The Tesla board needs to grow some balls and let him go. Microsoft stock went up 10 fold after Bill Gates left, Tesla needs to do the same!
My procurement contact from the Telsa infrastructure team in Austin whom I worked with on the Reno Power Transfer Grid project is still working on Tesla infrastructure per my communications last night. Over the next few weeks, more about the announcement will be better understood.
Very well said, Drew. You expressed my thoughts exactly. What we are seeing now is a company in decline with a feckless board of directors that appears only there for their compensation packages.
A few hours ago I watched a video about large companies, mainly oil companies, buying up EV charging companies and possibly mothballing them. Following up that video with this one has my attention. It's too soon to jump to conclusions, but this is scary.
I have a really hard time imagining this doesn't directly go against Tesla's mission statement to transition the world to sustainable energy sources. If there's no plan or explanation given for the next steps, I wouldn't be surprised to see shareholders consider ousting Elon as CEO. Like Drew said, you can be a visionary genius and still fumble really hard.
Just look at Steve Jobs. He was a visionary and did amazing things no one else thought was possible and yet he also msde mistakes that were pretty major. No one is immune to hubris and failure especially if they have a big ego. 😮
I'm sure your job at mcdonalds qualifies you to make that assessment about him, According to you Elon doesn't know what he's doing at should get expertise from youtube commentor.
@@Json918 Way to get worked up over an online comment. What frustrates me is the apparent lack of communication and the last minute layoffs of hard workers.
@@ludicrousmodel3173 How would you know how they worked? Be honest you don't care that much... you'll forget about this in a day or two. Stop virtue signaling. I love how you mention your frustration torwards elon, but ignore the 100's and thousands of families elon has supported through all of his buisnesses . Guys done more in his lifetime for people than your whole family legacy combined times a million.
@@Json918 What do you mean virtue signaling? All I'm doing is stating my opinion just like you are now. I will not forget about this, I heard about this several days ago and I will always be annoyed by it. I love Elon for the positive things he's done in his career, but there are things that I do criticize him for. Grow some skin.
The people who like him now are the same people who would never buy an electric vehicle. It's almost like he does all of this so that when he inevitably goes down he can claim he was canceled by the left or something like that.
Aptera was starting PI builds. One task not completed yet, as far as I know was the certification of Tesla charging and plug and charge. How will this affect Aptera?
If you're in San Diego and you'd like to drive to visit your sister in Denver, but you have range anxiety because Tesla is neglecting their charging network in favor of RoboTaxis... so how the heck is a RoboTaxi a solution for getting to Denver? Even if you're willing to pay the huge price for the trip, won't the RoboTaxi need to recharge along the way? Very odd to fire the charging team.
Working with elon be a rush of adrenaline , imagine waking up in the morning prepping for work and finding out you've been layed off, that's beyond insane.
This supercharging team layoff is mysterious and shocking........a true earthquake in the mystique of TESLA in the EV world!!!!! The development of the Tesla of the supercharger network has been a historic achievement that will be the bridge to mainstream EV adoption in the world. The question will be......can the EV charger industry provide what the EV car population needs without a large dynamic Tesla team today and into the future?
@tailosiveEV Thanks for sharing your thoughts on this. I just bought a Model Y two days ago and plan to do lots of road trips so my initial reaction to these headlines was shock and regret. If it's as bad as it appears to be from the outside looking in, then I agree with your opinion and this could be Elon's biggest mistake ever. On the other hand, after listening to the last earnings call and seeing what some analysts are saying about the economy as a whole moving forward, this slow down in capital outlay for Supercharger expansion may be needed to protect Tesla and help keep things in the black for the next several years as we weather the storm. Long term, I dont think there is anyway around the fact that a slowdown now will hurt the broader adoption of EV's over the next several years and shrink the amazing lead Tesla has on its competitors.
Yeah I hate the decision to get rid of literally everyone in the division. I get the cuts to attempt to be profitable but not at the cost of this crucial division.
14:20 on the contrary wouldn't it mean we need _more_ chargers? It's not about ownership level, but the amount of non-home charging, which would necessarily go UP with robotaxis... right? Am I missing something?
I haven't had much of a problem either way, but I've definitely had more of a problem with existing chargers not having enough stalls vs not being able to find a location So as both a user and investor, I like this move
Tesla is practically carrying the whole EV transition on its back, for them to do this kinds of controversial at the time EVs are slowing down is pretty bad ....
I've been driving a '13 Volt for about 8 years now, love it. Always daydreaming about what my EV car will be when the time comes. Now... at this moment, I'd say my next car will be another PHEV, not a full BEV.
I’ve been a big Elon fan until he became obsessed with Twitter and joined MAGA. Walter Isaacson‘s book goes into good detail and has a very fair assessment I think of Elon‘s personality. Tesla has been the best electric car company for years, Ford and GM are not yet good at making electric cars. We still need Tesla. Which means we need Elon to stop with the culture wars and get back to work making electric cars.
The somber/concerned tone of this is highly accurate. Elon desperately needs an intervention and maybe just not be CEO anymore. I wouldn't mind seeing now former SVP of Powertrain and Energy Engineering Drew Baglino or former VW CEO Herbet Diess (who was the one spearheading their EV transition specifically with Tesla as an inspiration/goal before being ousted) maybe step up to replace Elon.
Your explanation of the ROI of the Tesla Superchargers is probably the most detailed and logical explanation to the lay consumer. I don't drive an EV Hybrid) cause I live in a rural area without easy access to charging, but have many family members that live in urban areas that drive Tesla's (it makes good sense to them). I'm a retired Ag Economist/Consultant and am following people who can explain the logic better than the Gov't telling me which way to go. Trying to keep an open mind.
I'm thinking that we don't have the full story yet. I can't imagine that laying off the entire Supercharging team is the right thing to do for the company long-term and sale of vehicles with or without humans driving them. You still got to charge them and may require a completely different dispensers for autonomous drivers. There may be a lot of reasons why they had to take this course. For example, I do remember that the state of New York's wanted to have a GigaFactory rather than just a SuperCharger design/production facility in exchange for tax credits which Tesla didn't do. Suppose they got backed into a corner and needed to do it this as a way to get out of town without getting into legal problems. Then, the company will re-open the division somewhere after a brief time with public, investor, and government complains about collapsing US EV charging infrastructure supporting the action. Again, I have no facts to back this theory but wanted to foster discussion about the issue and that we may not have the full story yet or ever. At least that is what I hope for all EV owners because it appears illogical to give up an expensive huge market advantage.
Yeah, truly baffling. Maybe he’ll hire some of them back like he did at Twitter. Except the best will already have jobs elsewhere. California may be saturated, but the rest of country is not. He really ‘pulled a Lucy’ on the other OEMs. Shutting down the SC team just as they were getting on board is pulling the football away at the last second.
The madness Elon displays on X finally is showing in his business decisions. We need a CEO who goes all in on advertisement so that people know how much better a Tesla is in comparison to a plugin hybrid.
I really enjoy watching all of your videos. Your opinions are very level-headed with the right amount of concern and excitement. Keep up the great work. Elon has said he has made mistakes in the past and who knows if this is one of them but only time will tell.
Agree with everything in the video. The only thing not discussed was Tesla taking $17 million in taxpayer funds and then flipping us off by eliminating its Supercharger team. Elon is a classic example of how someone can be a genius while at the same time being an idiot and a miserable example of a human being.
Absolutely agree with you - Great Post!!! I am really hoping that there is more information on this decision that is internal and not being released yet. From the outside looking in, this decision makes no sense. There has to be more to this...
From a business standpoint if your profits are down, halting additional capital expenses makes sense. The existing chargers make money for Tesla so why not focus on maximizing profits from existing chargers.
I think Tesla would be much better off with a new CEO and let Elon focus on other things. Similarly to Apple. Jobs was the visionary that got the good foundation, but Cook is the one who took that foundation and built on it. Tesla needs a Tim Cook now.
I'm concerned that Elon has put Tesla in enough of a hole that even Cook could leave Apple, come to Tesla, and then not be able to get it really fixed. Damn.
Whenever Tesla gets any bright or good news lately they do things like this. For a consumer you won’t feel it immediately but the company itself might become hollow
Thank you for being one of the very few RUclipsrs addressing this! So many people blindly assume that everything Elon Musk does is going to result in something magnificent just because he's had a lot of previous success. Nobody can ever be too successful in the past to ever fail in the future.
Old Elon said the stock was overpriced and then people realized that Tesla doesn't sell any software except fsd. Now we have robots and complete focus on making fsd into a solid product. It's safe to say that the cybertruck was Elon's passion project
Every successful business person seem to understand why that many employees had to go and it looks like it is us the customers and Tesla super fans that think it was a poor decision and are scared of change. Let's just hope it was a great move to encourage the other departments to do even better for the long run.
RoboTaxi CyberCap or whatever they call it... will be a taxi without a driver... It's a taxi which implies it will be used in the city. If you need to go somewhere outside a city or you live outside of the city (in case there will be only RoboTaxis in the future) does that mean you have to get a horse or something? I'm serious ...What he's even thinking? In Europe and probably in China RoboTaxi will never be a thing. I can bet all my money on that
Thanks, man. I thought I was losing my mind, then you come out and say a mirror reflection of what I was thinking. Come back in a few weeks, will you please, and address this topic for an update. This could pivot back towards the vision of reliable & trustworthy charging for every EV owner - or, it (the perception of Elon and Tesla) could get worse. I especially appreciate the mention of Elon’s apparent disregard for the HUMAN factor being weighed into the equation. The world is noticing. We are the people, the ones he is supposedly out to benefit. I bought a Model Y last December. I live in the sticks of Northern California. I am surrounded by contrarians. This is not the first time I have found myself aching to see Elon demonstrating himself as a well-grounded leader. What I would like to immediately see, at this point, is Elon come out with the plan to keep his dedicated team on the payroll, you know, for the sake of humanity. What this vision is supposed to be all about. Tesla must become the brand that everyone can rely upon. Really, I do mean everyone. That is the bar we need to raise.
I enjoy your videos and have to ask: Have you done a video about the fact there seems to be a higher occurrence of insurance companies writing off Teslas that are damaged in accidents than other vehicles or the slowness in getting Teslas repaired. Is Tesla suffering from attempting to grow too fast? I do agree with your sentiment with Tesla's NAC standard.
Based on The Information's article about the situation (or at least what I could see from it from Whole Mars's tweets), it looks like what happened is that Elon told his executives they needed to do a deep round of layoffs several weeks ago, Rebecca Tinucci (Senior Director of Charging Infrastructure) either laid off too few or none at all from her team after several weeks, and so Elon asked her to resign and just scrapped her entire team at that point to show that he's serious about the layoffs. Pretty brutal, but if that's the case then it would follow that the supercharging team is likely going to be rebuilt over the next few months.
I believe I saw a quote from a biography about him that, paraphrased, was something like 'if you don't look to hire back 10% of the people you fired, then you didn't cut enough to begin with', so this tracks.
You might be right. Sleep deprivation does terrible things to your emotional state, mental health, physical health, and judgement. We need to stop thinking it’s cool that Elon is so busy and doesn’t get proper sleep - we should understand this as the major risk that it is.
@@VMYeahVN true. I wonder how much push back he gets, if any at all. The board doesn’t push back. And it seems like most of the senior management has either been fired or resigned. Employees who do, such as SpaceX employees circulating an open letter expressing concern, get fired - truly the response of a free speech absolutist, apparently. And he’s engineered Twitter so his blue checkmark sycophants are the only ones that get seen. Seems to me the decisions like eliminating indicator stalks, betting the company on robotaxi, firing whole teams, and going scorched earth with culture war nonsense are Elon decisions. Decisions that almost nobody else in Tesla would support, but nobody could meaningfully oppose. Tesla is in a dangerous place right now.
I quit twitter long before musk bought it. So, how is it doing? The reason I ask is because I think he did a similar move with that company. If twitter is doing fine, then there might be method to the madness. If twitter isn't doing well then the genius might have a screw loose.
Elon feels they are replaceable people And honestly, I think any of us can decide where to put chargers and maintain them Working on FSD training ? No.
It is best to strike a deal with gas stations along freeways to build a supercharger network. Let Shell and others do it. The store parking lot will be just destination chargers. I think that most supercharging in places like Target is not bringing store foot traffic. Who wants to leave the car with idle fees. They can merge with electrified America and use their infrastructure to put in their boxes, Tesla can provide service for these places to keep them running.
i fully agree. charging in europe with 3rd party is crazy. You need 20 different cards/apps and pay even „roaming“ in certain situations. Remembers me back on mobile carriers sometime ago. Tesla‘s SC network gives or gave that feeling of confidence and simplicity. „You’ll never walk alone“ :) Without that advantage I see no reason buying a Tesla over some super-techy chinese cars floating the market…
The thing I don’t understand, backing waaay is that electronic cars don’t seem to be that great of an idea from the beginning. Solar would have made sense of earth friendly was the motive, and certainly should not have been a publicly owned company. The layers of fundamental problems and mistakes seem to be building to a point of no return, for example if hypothetically every were to magically work tomrrow, elon has ruined his brand names with Tesla included. No one wants one since it’s expensive, inconvenient, no longer a novelty, and now synonymous with his behaviors and badness
Honestly i was skeptical about this channel for saying anything and everything is great. Seeing it criticize something going on is a breath of fresh air
I will not be voting my 3,000 shares in support of Elon going forward including the pay package. Last thing I want is him to have any more control then he already has
@@DanaVastman then you’re damn fool and if some woke ass CEO comes in there they’re going to destroy the company and just like Steve Jobs you’ll be begging him for a comeback
Pretty much every analyst and shareholder disagrees with the supercharging layoffs. After watching Sandy Munroe's video ranting about how this was a good business decision I really lost a lot of respect for him. From an engineering standpoint the job is never done, things can always get better. It is up to engineers to make technology better. Laying off the people responsible for feeding your entire product line seems like shooting yourself in the foot to me. The volatility of this whole situation also highlights how awesome the Aptera would be in a situation like this, since you still have solar charging if all else fails.
Авто/Мото
I agree. Unpopular opinion I think Elon should should be laid off from Tesla.
Same. I think either SVP of Powertrain and Energy Engineering Drew Baglino (who also just recently left/got laid off) should have become CEO. I also think Herbet Diess, former VW CEo who was spearheading their transition to EVs but was forced out of the company 2 years ago, could also be an interesting choice for future Tesla CEO. Both of them seem to want to do what Tesla has been initially aiming for but would lack the chaos of Elon.
Elmo says every employee must be "excellent, necessary and trustworthy". He fails on all three.
Weird that the larger the compensation package is, the less accountability there seems to be.
As a shareholder, I would like to know what decisions he makes. He decided to fire the Supercharger team, we know this. But was it also his meddling that removed the turn and gear selection stalks on the new Model 3? Make the horn on original Plaid a capacitive touch button? Remove proximity ultrasonics without a functioning replacement? Slash prices without a concerted effort to advertise? A number of the decisions lately don’t survive scrutiny; they seem to bear the signature of a disconnected man who people don’t/cannot stand up to.
How about RJ Scaringe as CEO? Rivian and Tesla merge, oust Musk, install RJ as CEO. At least he has a positive vision.
I'd love to hear Musk's logic to why he did this. I'm sure he has a reason but this seems like the dumbest decision he's made
The Emperor isn’t wearing any pants
He caught the ball and... and forfeits? The draw of the Tesla Supercharger Network isn't the plug itself, but the reliability, affordability, and widespread deployment of the network. Dropping the entire team leaves no one at the wheel!
Elon stated that the maintenance crew is spared. Only the new site expansion and Business Development" team was sacked.
I'm sure your job at mcdonalds qualifies you to make that assessment about him, According to you Elon doesn't know what he's doing at should get expertise from youtube commentor.
@@Json918 lol true. Also even if Elon is wrong there are thousands of the worlds most compantent people lined up to work there. From Elon's point of view, its probably riskier to keep a under performing team than it is to replace them.
@@Json918 You're such an Elon meat rider.
@@Json918 Jesus christ, even a McDonald's manager knows that you don't fire all your grill cooks at the same time.... duh.
Elon needs to leave be CEO no longer
100%
Elon: Says he alone deserves 55 billion
Elon: Fires thousands of employees costing around ~ 1 billion yearly
So basically he thinks he is worth more than all those employees 55 times over.
He definitely doesn’t deserve the bonus after all this
He did a lot for the company in those years and the growth was insane. Almost feels like he is trying to tank it deliberately now which shows just how much he is losing it.
He needs to be checked out.. I think his screws are loose
@@clariceqtaylor If he is doing crazy things to get attention and get the payment. He should be out.
Its not just about cost cutting its about keeping productivity and efficiency high. If left unchecked, a company will trend towards less efficient, less productive, and less risk taking. Part of Elons job is make sure that doesn't happen and be the existential threat that keeps employees from weakening the company. Its not pretty but every company that changes the world has a leader that does this (Steve Jobs for example).
Also Elon was not paid $55B. He was paid 12% ownership in Tesla (for 1100% increase in shareholder value). He only gets money if he sells shares and he wants to retain shares for voting control of the company.
I would not say losing it so much as shifting focus. But for legacy anybody with backers, especially government backers, can build electric cars if the company is properly managed. BYD uses over 100 of Tesla's patents. Already people are buying cars because Teslas are seen a common. Even when they are inferior. It is going to take many billions to win the AI race; The current talk is AI in cars and robots but it will be everywhere. He is truly investing in the future of the company while there is the money there to do it.
Thank you for calling attention to this issue and for being critical of Elon's move here.
As an owner and investor, I've had reservations about his leadership for a few years now. These episodes keep getting worse, yet for some, nothing he does seems to go undefended. I've often wondered what he'd have to do to shake people out of their mindset and get them to realize he is imperious, emotional, and chaotic, and that this threatens both the mission and the company.
Firing the whole Supercharging team in particular is just wild. I use the chargers every week and they are great. This arm of the company is what drives people to buy the cars, even if the margins on charging are relatively small. Firing THE ENTIRE TEAM is a broad-brush move that doesn't come from any logical analysis. I don't see how it wasn't simply done on a whim as a symbolic gesture.
Elon will have True Believers to the bitter end, but I'd like to think that most Tesla boosters have the ability to be a bit more impartial. Hopefully the pro-Tesla camp will be less pro-Elon going forward.
I can't wrap my head around why Elon would fire the entire Supercharger team, especially after the huge win that Tesla gained by having multiple legacy automakers adopt the NACS.
Not to mention, expecting share holders to approve a $55B dollar payout for Musk after firing 10% of Tesla's workforce and then immediately the entire Supercharger team, is one of the slimiest things that I have seen in a while.
I wouldn‘t be surprised If the shareholders told elon that he is crazy and denied him that Payout after all these recent things he did to the Company.
I think it’s wrong and ridiculous for shareholders to approve his package. They should come back with something reasonable. The original package wasn’t negotiated by the board.
Tesla needs to save money? There are two ways they save an equal amount: 1) Fire Musk, or 2) fire EVERY OTHER EMPLOYEE for a DECADE.
I know which I'd pick.
Elon has really gone off the rails in the last few years. Until recently it hasnt hurt the company.
I'm sure your job at mcdonalds qualifies you to make that assessment about him, According to you Elon doesn't know what he's doing at should get expertise from youtube commentor.
At this rate, all of the Tesla skeptics and haters are probably gonna be right about the company falling into obscurity if Elon continues to go on the wrong path and divests from core parts from the company that made it successful
I have told people if they plan on road tripping that the only EV they should consider are Teslas because of the super charger network. I don’t love the product compared to their competitors but the charging network is the main reason I would tell people to buy their product. It is very concerning that they made this decision.
What is concerning about it? The chargers are not being turned off, and the maintenance team is not being let go.
@@AbolishCommunism I would say the uncertainty is the main concern behind it. Like yes the amount of super chargers are mostly enough to meet the need unless your in Cali but with more and more EVs being created and adopting NACS I would say that the possibility of there not being enough charger has a greater chance to increase.
I saw one independent installations contractor post a video that he was sad for those let go, & how, but understood that he & his peers would continue to be paid & supplied, PLUS new contractors and site owners, such as Walmart & "transitioning" BP, etc., gas stations, were already being scheduled for taking over from the old team's expansion projects. Also, that the "pudding proof" of the new deployment process would sooner than later suffice as "explanation" much better than Tesla attempting to convince the already doubting public of the veracity of their new approach.
I saw one independent installations contractor post a video that he was sad for those let go, & how, but understood that he & his peers would continue to be paid & supplied, PLUS new contractors and site owners, such as Walmart & "transitioning" BP, etc., gas stations, were already being scheduled for taking over from the old team's expansion projects. Also, that the "pudding proof" of the new deployment process would sooner than later suffice as "explanation" much better than Tesla attempting to convince the already doubting public of the veracity of their new approach.
I'm baffled. There's no silver lining on this move. How do they expect to maintain 100% uptime if they have no SC team? smh
How about profitability for Tesla? No USP for Tesla to expand in the money loosing fast charging business.
The maintenance team didn't get let go. Did you miss something?
@@AbolishCommunism i must have. I thought the 500 SC team included the maintenance team??
Maybe Elon is pushing the OEM’s to foot the bill for all new superchargers seeing that they the most to gain
@@AbolishCommunismWho did you think the 500 employees were?
I do wonder WTF Elon was thinking or what he was smoking when he decided to fire the whole team. 🤦♂️
Save money and focus on the existing infrastructure?
@@Harrythehun You think the supercharger network is complete? Nothing more needs to be done?
I think he’s getting off on wielding the absolute power he has at Tesla and making a scene so that he seems more responsible for the success of the company than he legitimately is. As if this is some bold and necessary decision and we need Elon to fix the entire operations of the company. My two cents.
@@singed8853yeah... A psychopath... It's no wonder some of the best people I have ever seen at Tesla have left and pulled their stock
@@SirHackaL0t. The cost of building and maintaining these charging stations will cause massive losses for Tesla. Time to let the other companies do their part. The utilisation rate is low (200 kWh/handle/day) and the income doesn't even cover the expenses. (Capex and opex)
The moment I was ‘concerned’ about Elon was when he tried closing all showroom stores and fire all employees there, and then one week later walking back that decision because of ‘lease obligations’. That was many years ago now. It was clear then this man’s head is not screwed on straight. Also that he has no empathy for his employees. Like at all.
best charger is no charger?! i dunno guys, this feels extremely shortsighted im losing my conviction day by day
This is bonkers because with (supposedly) Cybertrucks, and Semi's hitting the roads, and a whole slew of new auto companies trying to ramp up their access, there has never been a more cucial time to have a well trained staff of people managing those changes/expansions. Certainly doesn't feel like the move one would make if the mass market cheaper model (whatever that is) was still on the cards. IF that were happening, there would almost certainly be a need for more sites and more stalls. Everything about these last two weeks smells like Reuters may not have been lying (again), that perhaps, Elon is lying (again).
Elon needs to urgently review his Ketamine doseage.
I'm sure your job at mcdonalds qualifies you to make that assessment about him, According to you Elon doesn't know what he's doing at should get expertise from youtube commentor.
@@Json918Don't be jealous, I'm sure you'll get out of Arby's to McDonalds eventually.
@@poneill65Jason is not at Arby's. More like porta potty logistics I suspect 😂
Cybertruck should one day benefit from V4 stalls (if they ever get the charging curve up) and anyone towing (including X/Y owners) will want pull-thru stalls. Let's hope that more gas stations add NACS chargers and keep them maintained. Who knows what will happen. The SC team might begin to grow again soon.
This decision is a slap in the face of Renters. Until you have EV chargers ubiquitous like gas stations, EVs are going to continue to be limited to mostly Home owners…
During the recent earnings call, Elon admitted that only half of Tesla owners tried FSD even when it was free. And that's EV early adopters.
I think he grossly underestimates how hard robotaxi adoption is
And that doesn't account for all the people, like me, who tried it a few times and realized it was more of a party trick then a reliable way to get around.
@@Sqeptickwe tried it a few times. Personally I found it anxiety inducing and not something I’d be interested in paying for.
@@I_Love_Quokkas My 10-year-old wanted me to use it more, but I told him I wanted to drive myself and relax.
Yeah. I underestimate the amount of anxiety people can have with driving. I am a safe and defensive driver. Never been in an accident. I am able to fully trust the system but I forget that people have different experiences with driving and the anxieties associated with it. Basing the robotaxi news on my experience, I assumed the timeline provided was accurate to conservative. Seeing more and more people panic or even intervene when the car knew what it was doing has me rethinking that.
As a Tesla owner and investor I'm finding it very difficult to bring myself to vote for his compensation package after a few recent decisions. Robo Taxi means absolutely nothing to me and this is coming from an IT guy with over 30 years in the industry of computer systems, cyber security, robotics etc. Many thought Uber and Lyft etc. would be profitable side gigs to get into and they're not. Most drivers have a hard time wrapping their minds around self driving cars. Others are uncomfortable with it even f they're behind the wheel....so now you want people to sit in the back and hope that a stranger's EV gets them to one point to another accurately and safely. I have the latest version of FSB and it still makes some dumb mistakes not even humans would make.
Maybe by August 8th it would have improved so much that all that I think will go wrong won't and it will be a success but I don't think I'm wrong and I don't think the consumer adoption rate is going to be all that they're selling us drivers.
I am a Tesla and a Lucid owner. When conversion to NACS talk started floating, I was frustrated and a bit perplexed that Peter Rawlinson, the CEO of Lucid, seemed slow on the uptake compared to the leaders of other EV brands, especially given the problems that people were having with Electrify America. But now I see the issue in a new light. Rawlinson was the Chief Engineer of the original Model S, and he consequently knows Musk better than do any of his counterparts at other automakers.
My own experience with owning two Teslas (a 2015 Model S P90D and a 2021 Model S Plaid) had taught me that what Tesla promises today (and sometimes charges for) can be taken away tomorrow. It seems Rawlinson knew it, too.
This is baffling. What the hell?! I am pissed. I signed the Aptera petition for NACS to be the national standard. Tesla was great because of supercharging. This is so dumb that I can’t even believe it is real news. Elon went from my favorite innovator to destroyer of dreams. Twitter becoming X was similar levels of stupid. Elon needs to not be the CEO anymore. This is the straw that broke the camel’s back for me.
I agree, this is huge misstep. I tried FSD and it tried to run me off the road twice. The first crash of these "robotaxi's" tesla is going to be sued and they are going to be regulated out of existence. Then what Mr. Musk. Have a robust charging network was why I bought my model y in the first place.
This will go down as Elon Musk's second worse decision. The first is of course buying Twitter. Maybe the industry should have stayed with CCS, and cleaned up the connector design and comm protocol. And maybe the Tesla board should spin Elon and his robot toys and taxis out of Tesla, and run Tesla to become the #1 electric car company in the world, including the #1 charging network for all electric cars. He can always bitch about being fired on "X".
Him wasting 10-20 billion dollars of his money and some of other wealthy investors on twitter is bad but tesla and EVs is far more important and this kneecaps the company.
You mean the Board that consists of his brother and the sycophants they seated around that table? Not likely. At this point, the only ones that have the power to do that are the institutional shareholders. Ironically, they'd have a better chance at successfully removing Musk by approving his stratospheric pay package, because then he'll actually have the financial means to follow through on his threat to take his FSD, robotics and AI pipe dreams and go lead his own company, leaving the mundane business of electric car manufacturing and charger network building/administration to the Tesla company. I own a Tesla, but am not a shareholder, and I am certainly rooting for that outcome.
Yeah i partly agree with this. CCS is a shit connector though. Letting that group make a new connector would have taken too long and NACS is better in every way and already was there. The move to NACS was good, but i think they could have done it in a way that de-centers Elon/Tesla from it sooner. Hopefully the other charging network competitors decide to ramp up their own expansions and conversions and hire a lot of these former Supercharger team members, that's the only possible good that could maybe come out of this is Electrify America, Ionity, ChargePoint, Ionna, etc, all see (and fund) an opportunity to further fast track their efforts. But yeah I think Elon's time as CEO should come to an end soon. Spin off the Tesla-bot and robotaxi and let Elon take it out on it's own. Though that'd be complicated cause the Tesla Bot will be using FSD data/Dojo Supercomputer (which belongs to Tesla) too so Elon would either have to agree to start from scratch on the AI side or they'd have to figure out some agreement to share.
This is a wtf move! Has elon gone mad?
watch for Elon to say that “Tesla profit is up” Hopefully shareholders see through it and vote NO
I truly cannot understand how he can claim to want to be the leader in transitioning us away from gas and pull a move like this. It is arguably one of, if not the most fundamental part in setting up a future with electric vehicles
The best way for Tesla to achieve unprecedented growth is for Elon to step down as CEO.
Thank you for being one of the few levelheaded commentators on this. Honestly a breath of fresh air after all the threads on Twitter.
How about the shareholders layoff Elon Musk! Let him go!
I am so glad I don't own Tesla stock right now. Elon Musk did not found this company, he is a failing employee of it.
Elon's worst decision ever. Maybe he is out of his mind. We need a better leader.
Without Elon, tesla is done. EV is done in NA.
@@user-ld7vk9bj6mTesla was not found by Elon Musk. The Tesla board needs to grow some balls and let him go. Microsoft stock went up 10 fold after Bill Gates left, Tesla needs to do the same!
@@williamwu1985i think you made a typo there. you mean WITH Elon, Tesla is done, just like Twitter.
Too much power in the hands of one unhinged individual.
My procurement contact from the Telsa infrastructure team in Austin whom I worked with on the Reno Power Transfer Grid project is still working on Tesla infrastructure per my communications last night. Over the next few weeks, more about the announcement will be better understood.
I wonder if a bunch of sites will get mega packs so they don't need bigger transformers when they add chargers?
Very well said, Drew. You expressed my thoughts exactly. What we are seeing now is a company in decline with a feckless board of directors that appears only there for their compensation packages.
Do you think there is more coming? What do you think current Tesla employees are thinking?
Yesterday I was puzzled. Today, after Kyle's video, I'm concerned. This was stupid, plain and simple, just dumb.
A few hours ago I watched a video about large companies, mainly oil companies, buying up EV charging companies and possibly mothballing them. Following up that video with this one has my attention. It's too soon to jump to conclusions, but this is scary.
Where will the robo taxis charge?
This is why power shouldn’t be concentrated into the hands of one person..
I have a really hard time imagining this doesn't directly go against Tesla's mission statement to transition the world to sustainable energy sources. If there's no plan or explanation given for the next steps, I wouldn't be surprised to see shareholders consider ousting Elon as CEO. Like Drew said, you can be a visionary genius and still fumble really hard.
Elon is killing Tesla he needs to go
Elon fired his compensation package.
Just look at Steve Jobs. He was a visionary and did amazing things no one else thought was possible and yet he also msde mistakes that were pretty major. No one is immune to hubris and failure especially if they have a big ego. 😮
First he bought Twitter, now this. Maybe it's time for Elon to walk away?
I agree. I'm a tesla car and stock owner and I am 100% not okay with this.
Elon generally made me disappointed and frustrated with this one. He's kind of failing Tesla if you think about it.
I'm sure your job at mcdonalds qualifies you to make that assessment about him, According to you Elon doesn't know what he's doing at should get expertise from youtube commentor.
@Json918 Fascinating. Now tell us how you also believe in Elon’s free speech absolutism.
@@Json918 Way to get worked up over an online comment. What frustrates me is the apparent lack of communication and the last minute layoffs of hard workers.
@@ludicrousmodel3173 How would you know how they worked? Be honest you don't care that much... you'll forget about this in a day or two.
Stop virtue signaling. I love how you mention your frustration torwards elon, but ignore the 100's and thousands of families elon has supported through all of his buisnesses . Guys done more in his lifetime for people than your whole family legacy combined times a million.
@@Json918 What do you mean virtue signaling? All I'm doing is stating my opinion just like you are now. I will not forget about this, I heard about this several days ago and I will always be annoyed by it. I love Elon for the positive things he's done in his career, but there are things that I do criticize him for. Grow some skin.
After this stunt, how can anyone in the industry take him seriously?🤷🏾♂️
A lot of people have stopped taking him seriously multiple stunts ago, he loses more and more people with every stunt.
The people who like him now are the same people who would never buy an electric vehicle. It's almost like he does all of this so that when he inevitably goes down he can claim he was canceled by the left or something like that.
Aptera was starting PI builds. One task not completed yet, as far as I know was the certification of Tesla charging and plug and charge. How will this affect Aptera?
If you're in San Diego and you'd like to drive to visit your sister in Denver, but you have range anxiety because Tesla is neglecting their charging network in favor of RoboTaxis... so how the heck is a RoboTaxi a solution for getting to Denver? Even if you're willing to pay the huge price for the trip, won't the RoboTaxi need to recharge along the way? Very odd to fire the charging team.
Working with elon be a rush of adrenaline , imagine waking up in the morning prepping for work and finding out you've been layed off, that's beyond insane.
This supercharging team layoff is mysterious and shocking........a true earthquake in the mystique of TESLA in the EV world!!!!! The development of the Tesla of the supercharger network has been a historic achievement that will be the bridge to mainstream EV adoption in the world. The question will be......can the EV charger industry provide what the EV car population needs without a large dynamic Tesla team today and into the future?
@tailosiveEV Thanks for sharing your thoughts on this. I just bought a Model Y two days ago and plan to do lots of road trips so my initial reaction to these headlines was shock and regret. If it's as bad as it appears to be from the outside looking in, then I agree with your opinion and this could be Elon's biggest mistake ever.
On the other hand, after listening to the last earnings call and seeing what some analysts are saying about the economy as a whole moving forward, this slow down in capital outlay for Supercharger expansion may be needed to protect Tesla and help keep things in the black for the next several years as we weather the storm. Long term, I dont think there is anyway around the fact that a slowdown now will hurt the broader adoption of EV's over the next several years and shrink the amazing lead Tesla has on its competitors.
Yeah I hate the decision to get rid of literally everyone in the division. I get the cuts to attempt to be profitable but not at the cost of this crucial division.
14:20 on the contrary wouldn't it mean we need _more_ chargers? It's not about ownership level, but the amount of non-home charging, which would necessarily go UP with robotaxis... right? Am I missing something?
I haven't had much of a problem either way, but I've definitely had more of a problem with existing chargers not having enough stalls vs not being able to find a location
So as both a user and investor, I like this move
Napoleon at Austerlitz. Napoleon at Waterloo.
I am sure the Tesla Marketing team will come out with an official statement that will make it all better...
*what marketing team?*
Tesla has jumped the shark. They hate being a car company, when that's all most of us want them to be
Tesla is practically carrying the whole EV transition on its back, for them to do this kinds of controversial at the time EVs are slowing down is pretty bad ....
I've been driving a '13 Volt for about 8 years now, love it. Always daydreaming about what my EV car will be when the time comes. Now... at this moment, I'd say my next car will be another PHEV, not a full BEV.
I’ve been a big Elon fan until he became obsessed with Twitter and joined MAGA. Walter Isaacson‘s book goes into good detail and has a very fair assessment I think of Elon‘s personality. Tesla has been the best electric car company for years, Ford and GM are not yet good at making electric cars. We still need Tesla. Which means we need Elon to stop with the culture wars and get back to work making electric cars.
MAGA is never going to support Elon in buying Tesla's in any significant number. They know who funds them. It's big oil.
The somber/concerned tone of this is highly accurate. Elon desperately needs an intervention and maybe just not be CEO anymore. I wouldn't mind seeing now former SVP of Powertrain and Energy Engineering Drew Baglino or former VW CEO Herbet Diess (who was the one spearheading their EV transition specifically with Tesla as an inspiration/goal before being ousted) maybe step up to replace Elon.
Your explanation of the ROI of the Tesla Superchargers is probably the most detailed and logical explanation to the lay consumer. I don't drive an EV Hybrid) cause I live in a rural area without easy access to charging, but have many family members that live in urban areas that drive Tesla's (it makes good sense to them). I'm a retired Ag Economist/Consultant and am following people who can explain the logic better than the Gov't telling me which way to go. Trying to keep an open mind.
This move makes me want to cry.
I'm thinking that we don't have the full story yet. I can't imagine that laying off the entire Supercharging team is the right thing to do for the company long-term and sale of vehicles with or without humans driving them. You still got to charge them and may require a completely different dispensers for autonomous drivers. There may be a lot of reasons why they had to take this course. For example, I do remember that the state of New York's wanted to have a GigaFactory rather than just a SuperCharger design/production facility in exchange for tax credits which Tesla didn't do. Suppose they got backed into a corner and needed to do it this as a way to get out of town without getting into legal problems. Then, the company will re-open the division somewhere after a brief time with public, investor, and government complains about collapsing US EV charging infrastructure supporting the action. Again, I have no facts to back this theory but wanted to foster discussion about the issue and that we may not have the full story yet or ever. At least that is what I hope for all EV owners because it appears illogical to give up an expensive huge market advantage.
I sincerely hope you're right. Nevertheless, Tesla is gonna be run straight into the ground if they don't get rid of Elon.
Yeah, truly baffling. Maybe he’ll hire some of them back like he did at Twitter. Except the best will already have jobs elsewhere. California may be saturated, but the rest of country is not. He really ‘pulled a Lucy’ on the other OEMs. Shutting down the SC team just as they were getting on board is pulling the football away at the last second.
The madness Elon displays on X finally is showing in his business decisions. We need a CEO who goes all in on advertisement so that people know how much better a Tesla is in comparison to a plugin hybrid.
We do have to wait and see, but it doesn't feel good 😞
I really enjoy watching all of your videos. Your opinions are very level-headed with the right amount of concern and excitement. Keep up the great work. Elon has said he has made mistakes in the past and who knows if this is one of them but only time will tell.
Yeah, the "Elon has to go" team is starting to win me over. This is absolutely ridiculous.
Agree with everything in the video. The only thing not discussed was Tesla taking $17 million in taxpayer funds and then flipping us off by eliminating its Supercharger team.
Elon is a classic example of how someone can be a genius while at the same time being an idiot and a miserable example of a human being.
Absolutely agree with you - Great Post!!! I am really hoping that there is more information on this decision that is internal and not being released yet. From the outside looking in, this decision makes no sense. There has to be more to this...
From a business standpoint if your profits are down, halting additional capital expenses makes sense. The existing chargers make money for Tesla so why not focus on maximizing profits from existing chargers.
I think Tesla would be much better off with a new CEO and let Elon focus on other things. Similarly to Apple. Jobs was the visionary that got the good foundation, but Cook is the one who took that foundation and built on it. Tesla needs a Tim Cook now.
I'm concerned that Elon has put Tesla in enough of a hole that even Cook could leave Apple, come to Tesla, and then not be able to get it really fixed. Damn.
Whenever Tesla gets any bright or good news lately they do things like this. For a consumer you won’t feel it immediately but the company itself might become hollow
Very good video and commentary thx, you are intelligent
Thank you for being one of the very few RUclipsrs addressing this! So many people blindly assume that everything Elon Musk does is going to result in something magnificent just because he's had a lot of previous success. Nobody can ever be too successful in the past to ever fail in the future.
How will this affect Aptera?
Very well put. Totally agree.
Tesla will have to hire many if not most of the people they laid off back. It won't have any choice.
12:37 I can see this as an opportunity for the UAW to approach the workforce about unionization. Unions could protect works from the whims of an ogre.
Old Elon said the stock was overpriced and then people realized that Tesla doesn't sell any software except fsd. Now we have robots and complete focus on making fsd into a solid product. It's safe to say that the cybertruck was Elon's passion project
Every successful business person seem to understand why that many employees had to go and it looks like it is us the customers and Tesla super fans that think it was a poor decision and are scared of change. Let's just hope it was a great move to encourage the other departments to do even better for the long run.
Yuuup. I really hope there’s some huge advancement with this robo taxi, I was not impressed with FSD during the trial at all.
In vacation country in northern Minnesota there is no Tesla and hardly any other chargers
RoboTaxi CyberCap or whatever they call it... will be a taxi without a driver... It's a taxi which implies it will be used in the city. If you need to go somewhere outside a city or you live outside of the city (in case there will be only RoboTaxis in the future) does that mean you have to get a horse or something? I'm serious ...What he's even thinking? In Europe and probably in China RoboTaxi will never be a thing. I can bet all my money on that
Thanks, man. I thought I was losing my mind, then you come out and say a mirror reflection of what I was thinking. Come back in a few weeks, will you please, and address this topic for an update. This could pivot back towards the vision of reliable & trustworthy charging for every EV owner - or, it (the perception of Elon and Tesla) could get worse. I especially appreciate the mention of Elon’s apparent disregard for the HUMAN factor being weighed into the equation. The world is noticing. We are the people, the ones he is supposedly out to benefit. I bought a Model Y last December. I live in the sticks of Northern California. I am surrounded by contrarians. This is not the first time I have found myself aching to see Elon demonstrating himself as a well-grounded leader. What I would like to immediately see, at this point, is Elon come out with the plan to keep his dedicated team on the payroll, you know, for the sake of humanity. What this vision is supposed to be all about. Tesla must become the brand that everyone can rely upon. Really, I do mean everyone. That is the bar we need to raise.
This is very depressing.
I enjoy your videos and have to ask: Have you done a video about the fact there seems to be a higher occurrence of insurance companies writing off Teslas that are damaged in accidents than other vehicles or the slowness in getting Teslas repaired. Is Tesla suffering from attempting to grow too fast? I do agree with your sentiment with Tesla's NAC standard.
Based on The Information's article about the situation (or at least what I could see from it from Whole Mars's tweets), it looks like what happened is that Elon told his executives they needed to do a deep round of layoffs several weeks ago, Rebecca Tinucci (Senior Director of Charging Infrastructure) either laid off too few or none at all from her team after several weeks, and so Elon asked her to resign and just scrapped her entire team at that point to show that he's serious about the layoffs.
Pretty brutal, but if that's the case then it would follow that the supercharging team is likely going to be rebuilt over the next few months.
I believe I saw a quote from a biography about him that, paraphrased, was something like 'if you don't look to hire back 10% of the people you fired, then you didn't cut enough to begin with', so this tracks.
I believe Elon is not well. He must be having some sort of a breakdown. Too much power and responsibility in one person's hand.
You might be right. Sleep deprivation does terrible things to your emotional state, mental health, physical health, and judgement.
We need to stop thinking it’s cool that Elon is so busy and doesn’t get proper sleep - we should understand this as the major risk that it is.
That plus he has a circle of Yes People around him, and also the drugs.
@@VMYeahVN true. I wonder how much push back he gets, if any at all. The board doesn’t push back. And it seems like most of the senior management has either been fired or resigned. Employees who do, such as SpaceX employees circulating an open letter expressing concern, get fired - truly the response of a free speech absolutist, apparently. And he’s engineered Twitter so his blue checkmark sycophants are the only ones that get seen.
Seems to me the decisions like eliminating indicator stalks, betting the company on robotaxi, firing whole teams, and going scorched earth with culture war nonsense are Elon decisions. Decisions that almost nobody else in Tesla would support, but nobody could meaningfully oppose. Tesla is in a dangerous place right now.
I quit twitter long before musk bought it. So, how is it doing? The reason I ask is because I think he did a similar move with that company. If twitter is doing fine, then there might be method to the madness. If twitter isn't doing well then the genius might have a screw loose.
It’s not great tbh
Threads recently surpassed Twitter in daily users, and Twitter is now just a bunch of Russian bots.
Twitter is currently polluted with "P**** in BIO" bots so I don't think the madness is working there either.
Elon feels they are replaceable people
And honestly, I think any of us can decide where to put chargers and maintain them
Working on FSD training ? No.
Well said.
It is best to strike a deal with gas stations along freeways to build a supercharger network. Let Shell and others do it. The store parking lot will be just destination chargers. I think that most supercharging in places like Target is not bringing store foot traffic. Who wants to leave the car with idle fees. They can merge with electrified America and use their infrastructure to put in their boxes, Tesla can provide service for these places to keep them running.
Best video you’ve made in a while
i fully agree. charging in europe with 3rd party is crazy. You need 20 different cards/apps and pay even „roaming“ in certain situations. Remembers me back on mobile carriers sometime ago.
Tesla‘s SC network gives or gave that feeling of confidence and simplicity. „You’ll never walk alone“ :) Without that advantage I see no reason buying a Tesla over some super-techy chinese cars floating the market…
The thing I don’t understand, backing waaay is that electronic cars don’t seem to be that great of an idea from the beginning. Solar would have made sense of earth friendly was the motive, and certainly should not have been a publicly owned company. The layers of fundamental problems and mistakes seem to be building to a point of no return, for example if hypothetically every were to magically work tomrrow, elon has ruined his brand names with Tesla included. No one wants one since it’s expensive, inconvenient, no longer a novelty, and now synonymous with his behaviors and badness
What is Elon thinking?!
Honestly i was skeptical about this channel for saying anything and everything is great. Seeing it criticize something going on is a breath of fresh air
It's not Tesla's fumble. It's Elon's.
So true
I will not be voting my 3,000 shares in support of Elon going forward including the pay package. Last thing I want is him to have any more control then he already has
@@DanaVastman dam you a big baller
@@DanaVastman then you’re damn fool and if some woke ass CEO comes in there they’re going to destroy the company and just like Steve Jobs you’ll be begging him for a comeback
Maybe Elon is moving to peddling marijuana since MJ will soon be Sked III?
Pretty much every analyst and shareholder disagrees with the supercharging layoffs. After watching Sandy Munroe's video ranting about how this was a good business decision I really lost a lot of respect for him. From an engineering standpoint the job is never done, things can always get better. It is up to engineers to make technology better. Laying off the people responsible for feeding your entire product line seems like shooting yourself in the foot to me. The volatility of this whole situation also highlights how awesome the Aptera would be in a situation like this, since you still have solar charging if all else fails.
Cutting 1/2 the SC team and slowing down…I could swallow. Firing EVERYONE?? WTF….