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Even if it's true I doubt the wisdom of publicizing it. It could derail any internal investigation, not to mention potentially looking like bullshit excuse-making. Industrial espionage is real. I've heard plenty of stories. Usually it's handled very quietly and internally for exactly these reasons.
Sounds like all the bad decisions about who to hire (low cost, inexperienced workers) and who to fire (higher cost, experienced workers), how long to force people to work, overuse of automation, etc., has caught up with Tesla. And now Musk wants to externalize it so Tesla doesn't look bad and loose _even_ more orders of the model 3.
Disclaimer: I hold TSLA stock.
As you know, there are a long list of organizations that want Tesla to die. These include Wall Street short-sellers, who have already lost billions of dollars and stand to lose a lot more. Then there are the oil & gas companies, the wealthiest industry in the world — they don't love the idea of Tesla advancing the progress of solar power & electric cars. Don't want to blow your mind, but rumor has it that those companies are sometimes not super nice. Then there are the multitude of big gas/diesel car company competitors. If they're willing to cheat so much about emissions, maybe they're willing to cheat in other ways?
Wow, the level of paranoia he's going into is impressive.
And amazing how close his speech is moving (in form) to Trump's: it is all about "rumors", "alleged", "witch hunt", "unfair"...
At the risk of sounding like a conspiracy theorist, perhaps a short-seller paid an employee to sabotage. It is not out of the realm of possibility, especially since $TSLA is at a whopping 33% float short.
"The full extent of his actions are not yet clear, but what he has admitted to so far is pretty bad. His stated motivation is that he wanted a promotion that he did not receive. In light of these actions, not promoting him was definitely the right move."
There's $10B in TSLA short positions, when the numbers get this big its not unthinkable.
Sounds like all the bad decisions about who to hire (low cost, inexperienced workers) and who to fire (higher cost, experienced workers), how long to force people to work, overuse of automation, etc., has caught up with Tesla. And now Musk wants to externalize it so Tesla doesn't look bad and loose _even_ more orders of the model 3.
Sounds like you have a short position on the stock? Do you mind revealing if you have any position on TSLA? Disclaimer: I hold TSLA stock.
We need to figure out if he was acting alone or with others at Tesla and if he was working with any outside organizations. As you know, there are a long list of organizations that want Tesla to die. These include Wall Street short-sellers, who have already lost billions of dollars and stand to lose a lot more. Then there are the oil & gas companies, the wealthiest industry in the world — they don't love the idea of T…
Ahh, the little man again. The little man has been giving Elon and Tesla problems for a long time. Early on Musk thought Henry Fisker, who led the design on the Model S then left to start his own EV company was the little man, so he launched a lawsuit against him, but it turned out Henry wasn't the little man, and the lawsuit was meritless. The little man talked Musk into building falcon wing doors into the Model X,…