Two Tesla Production Chiefs to Leave Ahead of Model 3 Ramp-Up
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Re: Two Tesla Production Chiefs to Leave Ahead of Model 3 Ramp-Up
#2Re: Two Tesla Production Chiefs to Leave Ahead of Model 3 Ramp-Up
#3Waiting for the HN fanboys to defend Tesla.
Re: Two Tesla Production Chiefs to Leave Ahead of Model 3 Ramp-Up
#4You're heavily recruitable for large swaths of stock at any number of startups, presumably with a status bump on top, or you could just take your well earned millions and chill for a bit.
Whoever is running the Model 3 delivery program is going to be living at the office for the next 36 months, by contrast.
Re: Two Tesla Production Chiefs to Leave Ahead of Model 3 Ramp-Up
#5Re: Two Tesla Production Chiefs to Leave Ahead of Model 3 Ramp-Up
#6There is alot of speculation on CNBC that these announcements were made early to help direct the investors call as TSLA is widely expect to report poor earnings this quarter due to Model X delays.
Tesla's Powerwall is also starting to be installed. I always thought they'd announced the powerwall to gauge interest. I assumed that they'd want to focus all their battery storage capacity towards car deliveries. I guess this is a positive sign that they can meet their battery needs.
Re: Two Tesla Production Chiefs to Leave Ahead of Model 3 Ramp-Up
#7It's like saying "Obama to leave ahead of zombie apocalypse".
Re: Two Tesla Production Chiefs to Leave Ahead of Model 3 Ramp-Up
#8Who knows the real story here, but I can imagine once your stock options vest, financial prudence and personal sanity don't really point to doing the next big ramp-up at Tesla. You're heavily recruitable for large swaths of stock at any number of startups, presumably with a status bump on top, or you could just take your well earned millions and chill for a bit. Whoever is running the Model 3 delivery program is goin…
So, your theory is the story.. she can't wait for options to fully vest and gracefully exit. It's not for lack of thrill, growth, etc. – just that after 3-4 years it is heavily taxing and a pace of sanity is much desired.
Re: Two Tesla Production Chiefs to Leave Ahead of Model 3 Ramp-Up
#9Ahead of model 3 ramp-up? Last I checked they didn't even have a single "production" car yet and that ramp-up isn't scheduled to happen for the next two years. It's like saying "Obama to leave ahead of zombie apocalypse".
As for why the ramp-up is a big concern now: There were several times more Model 3 reservations than Tesla projected, so they need to increase their production capacity in order to meet the demand. Getting ready to produce the cars is part of the ramp-up, and it's turned out to be a bigger task than they expected.
Re: Two Tesla Production Chiefs to Leave Ahead of Model 3 Ramp-Up
#10Waiting for the HN fanboys to defend Tesla.
I will give the obligatory "why is this article on HN" comment. This is inside baseball and tabloid type infotainment. It certainly doesn't "gratify one's intellectual curiosity" in the way that the guidelines on posting most likely intended.