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Elon Musk Rehires Entire Supercharger Team After Halting Development by Firing Them - Glass Almanac (glassalmanac.com)

submitted 3 weeks ago by cyrano@lemmy.dbzer0.com to c/technology@lemmy.world

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[–] yesman@lemmy.world 13 points 3 weeks ago (1 children)

Musk’s abrupt firing of the team initially seemed like a display of power—a way to assert control and show he could make tough decisions in the face of investor pressure.

This is justification for wrecking 500 employee's lives? So he could show he's a tough business boy? In order to reassure people who've gotten over 50% returns for a decade? In a company that's "worth" more than the GDP of Saudi Arabia?

Investor confidence is so important to Musk because he knows Tesla is a bubble.

[–] JohnWorks@sh.itjust.works 3 points 3 weeks ago* (last edited 3 weeks ago)

I’m pretty sure it was mainly to get rid of the exec that was leading the supercharger team because from what I remember she was doing a really good job and didn’t listen to him when he told her to lay people off or something. She was the reason NACS became a standard in the US. Really bad call on his end but hey gotta keep the ego big somehow.