Tesla Exec Quits, Trashes Company
Posted: May 12, 2024
- Rich Otto, Tesla's head of product launches, has left the company after seven years - Otto criticized CEO Elon Musk's decisions to lay off entire departments and the impact on company morale - Several other key executives have also left Tesla recently, signaling growing disillusionment with Musk's leadership style - Tesla is facing a crisis with sales in freefall and increasing competition - The company has removed almost all US job listings and undergone major layoffs - The future of Tesla is uncertain as key executives continue to leave and the company faces unpredictable management decisions
Summarized top reddit comments: - Not market moving news - Tesla is firing everyone - Negative press and FUD in wsb is on the menu again - Last executive who quit and bashed the company was not actually an exec
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