This means he was hired a couple of weeks ago and probably let Tesla know at that time.
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That’s too bad you will personally be bankrupt next week. Not surprising though given your track record. And for that record, you’re totally full of *sugar* on the bankruptcy/irregularities comments. I’ve asked for you to be banned.NO BUYING HERE. Wait for news. Might go bankrupt today or next week.
CAO knows something (accounting is irregular - SEC is investigating officially).
I think that’s laying out a Jump to Conclusions mat. Makes more sense that he chose to leave for exactly two reasons, the ones that he stated himself."I have no disagreements with #Tesla's leadership or its financial reporting."
So basically he was meant to be CAO of a private Tesla but staying public so he's gone.
I think that’s laying out a Jump to Conclusions mat. Makes more sense that he chose to leave for exactly two reasons, the ones that he stated himself.
Tripp was a Navy seaman with no leadership service. I assume you understand the education and training an Senior Army Officer must complete BEFORE they even qualify for their first leadership role?Add long as they can filter the Martin tripps effectively.
Update:
It appears, in less than 24 hours, Elon’s interview has received more likes on Rogan’s YouTube channel than any other in Joe Rogan podcast history.
I’ll call BS on this even though you’re new here, Carebear. Morton’s reasons were simple: FUDsters too prolific with their lies and attention to *making things up*, and he didn’t like the high pressure work. I get it, I wouldn’t want to work for Tesla either, but that’s because I’m retired... if I was young and still wanted to change the world (and if I had way more skills...) different ending.I suppose short sellers and trolls are synonymous - or maybe we represent a different side of the story some folks might not want to hear. I don't care how you play this - but if the company runs through its second Chief Accountant who only lasted a month, this has got to raise red flags for anyone who is a shareholder. People who are on the inside and know the company better than any of us are leaving for a good reason - and its not because the company has an unrivaled future.
Awwww, thanks for the heartfelt-sounding advice. Even though you’re new, I’m calling you out that your post sounds way more than just a bear posing thoughtful advice. It sounds like an intelligent troll playing good cop and I’m-Your-Friend. I don’t buy it; the language is too familiar. And there’s a whole bunch of us who are REALLY tired of the trolls right now. So be warned.I encourage people to evaluate their risk and act accordingly. When bad things happen, they tend to happen fast. If shares see a meaningful drop in price you will not get anything back. No one will save you. No companies will bail out the common. If you worked hard for your money, understand that every weekend you hold this stock, is a weekend you put your hard earned money at risk.
I understand there is a huge divide between bulls and bears on this issue but I implore you to look at the facts as they are today. Make the right decisions if not for yourself, but for the people who depend on you.
A company can be efficient without being in the "scrambling startup" mode. Many successful companies were not even in the "scrambling startup" mode to begin with - for example, Saleforce and Arista Networks. A company can certainly achieve its objectives timely and execute efficiently while keeping the life and work balance. The "scrambling startup" mode doesn't mean it's more effective. Yes, it can achieve an objective in the shortest possible time. But it usually also comes with duplicate efforts, inside fighting, and scrambling to recover problems from lack of planning and time required for integration. Tesla itself provides many examples, such as the recent M3 delivery issues, and M3 battery automation - only finding out the battery module automation problem right before it is supposed to start mass production.
The efficiency of every company all goes down as the size grows, just by the nature of extra communications and reduced average talents. But it's easier for a process-oriented company to compensate the lost efficiency than a human-oriented scrambling style. If you know Tesla engineers, you would know Tesla is not effective, especially for those employees who are not in the path of focused products.
To Elon's credit, he has been able to solve problems effectively created by the scrambling style. No one except him can achieve so much and grow Tesla to this extent running in the "scrambling startup" mode. That's why it's impossible to find Elon's substitute, no one can operate in this mode at this scale.
With his apparent issues - gone are the days of good use of twitter, such as calling for talents to join the autonomous driving team, Elon can now initiate a damage any time, even within days. It's sad to see this for any of his admirers. Just hope the just- announced management change can gradually switch Tesla to the process-oriented mode. (A process-oriented company can still spear ahead with special projects running in the scrambling startup style.) So Tesla can scale up its operations and retain proven talented employees, such as Dave Morton, Doug Field, and Christian Laettner (Apple Swift, quit after half a year).
Morton’s reasons were simple: FUDsters too prolific with their lies and attention to *making things up*
I’ve been rather amazed at how little discussion there has been about this.
Have to disagree here. Whenever CNBC has a Tesla bull on the commentators still shape their questions and comments in extremely negative ways, and, they have way more BS-artists and trolls on who blatantly lie through their teeth.Oh god...
CNBC was practically gushing over Tesla from the start of August - they have Gene Munster on every day talking up Tesla, they have Kramer there talking up Tesla (at least until today) and they have guests on all the time who have long Tesla or Dec calls in the 400's on very regularly.
I don't watch it directly, just the highlights Yahoo repeats, but CNBC seems to have a very strong pro-Tesla contingent. The fact you see it the complete opposite might indicate they're showing both sets of opinions.
My M3PUP is due on Oct 6th BTW...
Christian Laettner was a famous Duke basketball player who hit "the shot" against Kentucky in 1992 which many will never forget.
Chris Lattner came from Apple and did not do very well at Tesla. He is a guy many in Tesla circles will never remember.
Sorry, it means to me nobody takes care of this most important thread, so much trolling, fuds, etc, and nobody reacts timely to prevent it.
Good God I wish I had some free cash to drop in TSLA right now.
While I would have preferred that Elon not puff that bloke last night simply because it gave red meat to the shorts and “journalists”, it’s really a non-event and so many people are overreacting. Anyone who actually watches the clip instead of relying on some sensationalist journalist’s “creative interpretation” would realize he’s not a pot smoker and the news around all this is no higher than tabloid quality. (Hint, journalists: that’s not a compliment).
The sensationalism of the 24-hour news cycle has clearly permeated every aspect of society.
The CAO departure is an overreaction too. He was around 3 weeks. Sounds like he wasn’t into it or didn’t have the cahunas for it anyway. Meh. Tesla hadn’t even printed out his name badge yet. His Tesla cardigan hadn’t even arrived yet. Probably didn’t even know where the executive toilet was located. (Aside: it’s on the third floor of the Palo Alto headquarters, behind Deepak’s weightlifting room and next to the room with JB’s collection of antique Singer sewing machines. I suggest the platinum urinal, as the titanium one doesn’t flush well).
Key words of the day: Forest/trees. Gaslighting. Distraction.
All this attention on unimportant, irrelevant stuff while the true Tesla train is barreling down the track.
“Look! Squirrel! [And while you’re looking at that squirrel I’m going to reach into your pocket and steal your Diner’s Club card and pee on your leg.]
To those weak longs who got out today and said they’d walk away...I think you’re going to regret that.
I’ve been around this forum longer than most. I joined TMC back when it was a BBS and it pushed my 2400 baud modem to the limit. So I know Elon pretty well, and I know Elon BS when I see it. To the shorts that suddenty have high interest in the discourse here, you have a few more weeks to play your BS. I don’t care since I ignore the noise anyway (via copious use of the ‘Ignore’ button).
I can wait out this dip for a long time as my Tesla investment ripens from a short-term to long-term investment and the tax rate on my profits drops. But for shorts, the bell will toll soon. It’s going to be fun to watch.
Good-faith suggestions for the day:
Shorts: Now might be a good time to get out. We recover starting Monday. And the chance the price drops to this level again are small. Don’t say I didn’t warn you.
Longs: Grow a pair and see the forest, not the trees. Our time is nigh.