The Information reports that last night, the company’s erratic CEO Elon Musk emailed workers with the news that he has dismissed a key pair of executives—one responsible for the Supercharger network, and the other head of new vehicle development.
The electric car maker posted its quarterly results last week and they paint a poor picture, with shrinking sales and plummeting profit margins.
While Tesla once had a strong first-mover advantage and benefited from Musk’s marketing savvy, the company has frequently ignored the many hard-learned lessons of the auto industry.
Many Tesla fans had been holding out hope that Musk would debut a cheap Model 2 EV in recent weeks.
Instead, the tycoon promised that robotaxis would save the business, even as both of its partially automated driver assistance systems face recalls and investigations here in the US and in China.
Musk also told staff that he would ask for the resignation of any executive “who retains more than three people who don’t obviously pass the excellent, necessary and trustworthy test.”
The original article contains 503 words, the summary contains 170 words. Saved 66%. I’m a bot and I’m open source!
This is the best summary I could come up with:
The Information reports that last night, the company’s erratic CEO Elon Musk emailed workers with the news that he has dismissed a key pair of executives—one responsible for the Supercharger network, and the other head of new vehicle development.
The electric car maker posted its quarterly results last week and they paint a poor picture, with shrinking sales and plummeting profit margins.
While Tesla once had a strong first-mover advantage and benefited from Musk’s marketing savvy, the company has frequently ignored the many hard-learned lessons of the auto industry.
Many Tesla fans had been holding out hope that Musk would debut a cheap Model 2 EV in recent weeks.
Instead, the tycoon promised that robotaxis would save the business, even as both of its partially automated driver assistance systems face recalls and investigations here in the US and in China.
Musk also told staff that he would ask for the resignation of any executive “who retains more than three people who don’t obviously pass the excellent, necessary and trustworthy test.”
The original article contains 503 words, the summary contains 170 words. Saved 66%. I’m a bot and I’m open source!