I'm just wondering, what caused you to break radio silence just now?
Some time based contractual stuff was confirmed no longer enforceable after the new year.
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To the extended service plan folks, a few things:
First off, 057 never sold "warranties". There's a huge difference between a warranty and a service plan. Service plans are backed by the company offering them, and nothing more. Warranties have a whole different thing, generally associated with a product produced by the company. 057 never built Tesla vehicles or the battery packs being serviced, and therefore had no obligation to warranty them. The service plan terms were spelled out quite clearly.
Next, I honestly don't know the status of anyone's service plans, or even the exact status of the company itself as of today. I don't have access to any of that anymore. By the time I left, we'd done a LOT of service plan based pack repairs and replacements to-date. A lot. As in, at least one or so a week since the beginning of the program. It was a
barely profitable program at that point, but still not a loss for the company. A lot of progress was made to keep costs down and service smooth, and that was a stated goal at the time of the business sale. I'd call it a successful program. We helped a LOT of Tesla owners. There was no one unhandled in the service queue when I left, and I heard from a handful of people since then (via Twitter, mainly) that they'd worked with 057 on a replacement in the summer, despite customer service being sub-par overall. Believe it or not, the bulk of 057 customers, including service plan folks, did not come from TMC or had even heard of it.
If you have a service plan, and have a battery issue, then contact 057. Aside from that, I'm not really sure what to tell anyone. While I'm sorry if anyone feels negatively about it at this point, there's really nothing I can personally do about it. When I left 057, they had all of the tech, tools, and information needed to continue doing everything that was being done without me being involved anymore. In fact, I'd been working pretty hard to not be as hands on shop wise for quite some time even prior to the ownership change, since I wanted to focus on development and engineering tasks more than busy work in the shop. So training the crew to handle the bulk of things needed without my direct involvement was happening for quite a while.
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Finally... let me be completely clear on this: It's really no one's business whatsoever that I sold the company, or why I left. The details of that are between me, the buyers, the IRS, God, and probably my wife. I've no obligation whatsoever to provide any information at all about this, publicly or otherwise. At the same time, I'm also not an a******, and I'm not great at sitting back and letting ridiculous unfounded accusations fly unchallenged.
Why did I sell the company? Because at the time it seemed like the best way to jump start production of products I saw as needed for long term success: The custom battery pack, custom BMS, custom infotainment, etc etc. Tons of projects that take a ton of dev time I simply did not have while handling the day to day happenings of running a company. The company had some debt related to these projects already, so it was silly to abandon them, but also not practical to do much with them while I had zero time. The main buyer was a long time customer, and eventual friend. He'd used 057 products, my help, etc to do several EV projects already. The entire concept of the sale kind of came out of no where, and before you know it there were others involved, a partnership formed, details worked out, and paperwork being signed. All positive things. I'd never actually paid myself a salary from the company, either, so some reliable steady income from a multi-year employment contract was a welcome change. I was putting everything into 057 and then some.
Things went fine for a bit. I got back to nearly full time development work while others handled all of the day to day stuff.
Why did I leave? Eventually there was a bit of unexpected friction internally, and suffice it to say some decisions were made by the new owners that I didn't agree with.... and I'm not one to be silent about disagreements. I pissed off one of the partners pretty badly with my vocal objections. There was no way to reconcile that disagreement, and so I left and my employment contract was broken as a result (and at a significant effective penalty to me for doing so). Nothing with that disagreement involved anything along the lines of anything that would screw over customers or anything shady or otherwise dubious in that regard, nothing illegal, etc... so don't take that the wrong way. This was a personal decision made on principle, and I'm going to leave it at that.
As I said, I did not come out ahead on this whole deal. Anyone thinking I'm living high on the hog after this is quite mistaken. I consider the monetary losses on my part to be acceptable, though, to regain my work life balance and overall sanity. Frankly, this whole situation has set me back significantly... and probably significantly more than if I just hadn't sold and subsequently left the company. It's going to take me quite some time to recover. I don't say this for pity or anything. I'm doing OK. Not starving, etc. For perspective, I will likely be selling both my personal S and X vehicles soon specifically to pay down some debt and take some pressure off my finances. Will probably just share the Model 3 with my wife for a while since I work from home now and don't regularly need a vehicle daily anymore anyway.
I mainly want to dispel the narrative that I somehow walked away from all of this with a ton of money and left a bunch of customers behind screwed. That never happened, nor would I ever even had considered such a thing.