Chickenlittle
Banned
Will be interesting if Doug Fields holds onto his 19,000 shares. If so probably leave and still believes in company
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ValueAnalyst
Closed
I am so happy people are so willing to work so hard for a better future.
I can't imagine the work load and stress on family life.
If DF want's time off to live a little without that stress I say take it!
I can't imagine the work load and stress on family life.
If DF want's time off to live a little without that stress I say take it!
Ignore the headline. They're just not going to make sedans.
Congratulations USA on finally realizing that hatchbacks are more practical/getting too old and unfit to sit in passenger cars.
The timing of Doug's leave of absence is what is most interesting. Rose colored glasses may view the timing as a signal that they have reached a point where the 5k per week is well within reach. I doubt that Doug would take time off at this critical a juncture without confidence that all is well.
A Tesla spokesman said in a statement:
“Doug is just taking some time off to recharge and spend time with his family. He has not left Tesla.”
China will likely be the focus in 2019 so Doug may have another big challenge ahead of himself. Good opportunity to recharge and get some semblance of work-life balance back.
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I thought Mr Fields was only taking leave of absence?
Chickenlittle
Banned
I believe so too. That is what I meant about leave. Doubt he will keep his investment if he has quit
Waiting4M3
Active Member
Doug Field has had an automatic sell of 1000 shares in the middle of each month for Jan/Feb/Mar, but in Apr he didn't sell any
Tesla, Inc. (TSLA) Insider Trading Activity (SEC Form 4)
It may be that he didn't set up for April, or it's possible that he had a price limit of >$300. The lowest insider sell is at exactly $300 by Kimbal on Apr 5.
Waiting4M3
Active Member
I was wondering if maybe he needs some language tutoring before next year/next challenge.
Esme Es Mejor
Member
dc_h
Active Member
When Jerome Guillen took a brake he worked on designing and planning a semi for Tesla. Not saying Doug is doing anything other than taking needed downtime, but he could be working on a new gigafactory or plans for semi production out of the limelight. Elon hates bureaucracy and this is a nice way to sidestep normal organizational demands.
Glad he’s not quitting for now. Projects of this scale are draining.
Reciprocity
Active Member
Some women I have worked with that had children.. but newborns are so damn cute that its hard to leave them at home or with child care services.
So will Elon be taking over Doug's responsibilities in the interim as he did when Diuramid O'connor and Jon Mcneill departed?
sweter
Member
I'm partially with you on this and I do think there are serious internal communication issues at Tesla, as evidenced by many stories about Service Centers, Delivery Centers or sales people. A lot can be improved on middle-management level, especially in Europe. My worry isn't about Doug Field or other executives and top engineers, but people on the ground that aren't in Fremont / Hawthorne / GF. Some of the stories I heard are abysmall and are purely down to internal comms failures. That's why I think a COO is a must, the sooner the better.
ValueAnalyst
Closed
COO adds a layer of bureaucracy between Elon and the biggest disruption opportunity: manufacturing. Only after Tesla has achieved 10x more efficient manufacturing, and has expanded across the world to several millions of cars per year, does a COO makes sense, in my opinion, so 2022.
Unless he returns to his prior position and remains an SEC section 16 officer, only he and his broker will know. Once Jerome announced in April 2015 he was taking a leave of absence, he never filed a form 4 again.
I meant Sr Tesla Execs. Should have been more explicit.
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