71–80 of 1000 posts
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Why do you think this isn't what is required as part of the acquisition plan?
That's not how acquisitions work. Elon made the offer, it was accepted. Now the company has to continue to operate without his influence until the deal actually closes.
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He’s being paid millions to keep his hand on the wheel and not be distracted by a deal that may never close.
That's my point though. The board accepted the buyout offer. "Hands on the wheel" means keeping the lights on and making sure everything stays stable until the deal closes. Firing the company's product and revenue leads is the opposite of that.
The deal can still fall apart for a number of reasons. The risk of this happening is far from remote. This is evident from the current stock price of about $46, which is significantly lower than the $54.20 Musk is offering.
I can't help but wonder if this is to ensure he gets a good severance package before Musk comes in and cleans house? I can only hope, but it doesn't seem likely based on tone :(.
You could simply read the linked URL where it doesn't sound like it was a good firing?
Why is Parag making any major changes at this point? What "new vision" is he going to execute in his last few months at the company before Elon comes in and torpedoes it anyways?
> I’m just now learning that Parag fired Kayvon while he was on paternity leave, which is truly awful. > Parag is on his way out too. Why is he firing his product leaders during his lame-duck period? https://twitter.com/CaseyNewton/status/1524790595968901122
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Feels less condescending than Apple "Geniuses" or Best Buy "Nerds", and pretty in line with "Googlers", "Toasters" or "Hulugans". Is this a thing most people refer to other employees as most of the time? No, but it helps corporate create an image of a fun, playful workplace. I think it's utter bullshit, but you know, to each their own.
meta-me-tes
It’s like peeps, but more Facebook-y
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He’s being paid millions to keep his hand on the wheel and not be distracted by a deal that may never close.
That's my point though. The board accepted the buyout offer. "Hands on the wheel" means keeping the lights on and making sure everything stays stable until the deal closes. Firing the company's product and revenue leads is the opposite of that.
Musk loves attention, but dumping his Tesla holdings to keep getting it may be too much for him.
Earlier quoted context omitted.
He’s being paid millions to keep his hand on the wheel and not be distracted by a deal that may never close.
That's my point though. The board accepted the buyout offer. "Hands on the wheel" means keeping the lights on and making sure everything stays stable until the deal closes. Firing the company's product and revenue leads is the opposite of that.