Tesla Executives Keep Leaving in Droves - WTF is Going On?

In this podcast, I rant quickly about the quality of the train stations in Philadelphia, where I live. At about 10:00 on, I start to address the question of what the fuck is possibly going on at Tesla - which saw yet another key exectuive reportedly leave the company. At a time where regulatory safety scrutiny is at all time highs with Tesla, it was reported that "executive Matthew Schwall, who had been the director of field performance engineering, has left the company for Waymo, as the NTSB investigates multiple crashes involving Tesla vehicles." Schwall was said to be the key point of contact between Tesla and safety regulators. In addition, another executive at the company is taking a "leave of absence". What continues to cause these executive departures? Could it be morale? Do people on the inside at Tesla know that the yellow brick road could soon be ending? 

Philadelphia train station rant is from 0:00-10:00.

Tesla discussion begins at 10:00. 

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Comments

Buck Johnson MoreSun Mon, 05/14/2018 - 07:46 Permalink

They won't, remember they learned something from being thrown out of almost every country in the world over a course of centuries.  And that is they need a people to scape goat in order to hide their dirt so that others won't look at them as the problem.

If they get rid of blacks, then people will see more closely who the issue is and they won't like it.

 

 

In reply to by MoreSun

NurseRatched VWAndy Sun, 05/13/2018 - 19:50 Permalink

Stock Options are under water.  Cash flow will require a $4 billion infusion soon.  Massive hiring of factory workers will increase variable costs and kill margins further.  Boss is addled with ADHD and Bi-polar issues; along with being a sociopath.  The Solar City acquisition has not gone well - Telsa roofs are 3x the price with 70% of the power output of Chinese panels.

Only the unemployable will stay.

In reply to by VWAndy

ZIRPdiggler VWAndy Mon, 05/14/2018 - 03:51 Permalink

Enron, WorldCom, all financial terrorism and premeditated fraud, committed by the deep state. Check out a google search of "black eagle trust".  Funny: they were ten year treasury bonds that expired on 9/12/01. Billions $$$. Blacks ops slush fund. A dummy trust that never intended to collect principle but rather colluded to make it disappear from the books, in lieu of the 911 "terror attack".

In reply to by VWAndy

SAE6065 Sun, 05/13/2018 - 15:08 Permalink

Elon needs to take lessons from The Trumpet on how to bullshit people and influence non believers. May be too late to save Tesla but he should give it the old college try

 

navy62802 Sun, 05/13/2018 - 15:16 Permalink

Obama's corrupt "green initiatives" ended when he left office, and now Tesla is fucked. They also likely bribed numerous regulatory officials to get the cars design approved. The thing is a lithium bomb on wheels. There's no way it passed standard crash tests like every other vehicle on the road.

Dr.Strangelove Utopia Planitia Sun, 05/13/2018 - 22:48 Permalink

I think the Institute of Highway Safety has some credibility.

https://www.youtube.com/watch?v=fMcuiFmIQTo

It did not explode because it had no  fully charged batteries on it.

In the sake of fairness, the gas powered cars have no gas in them either.

The tests are for body integrity only, and not explosiveness which is an entirely different story.

My point is, if there were batteries in there, the car would go up in flames.

As far as I know, there are no safety tests that are required to test for explosiveness. but there should be......

In reply to by Utopia Planitia

PrivetHedge south40_dreams Mon, 05/14/2018 - 04:18 Permalink

If Tesla goes down, where will stranded owners buy their replacement $1000 door handles from?

Maybe GM needs to market a gas-conversion kit for the Model S?
Drop the battery, add a fuel tank and fit a front-wheel drive unit up front.

They could add a special 'silent coasting mode' for that authentic EV action and a 'strand randomly in the middle on nowhere' feature for the full experience. 

In reply to by south40_dreams

tstpilot00101 Sun, 05/13/2018 - 15:45 Permalink

Tick-Tock Elon... The end of August is fast approaching (the projected bankruptcy month for TESLA based on current cash-burn rates).

Bottom line... Elon and Tesla are..... FUCKED.

Kidbuck ZIRPdiggler Mon, 05/14/2018 - 06:24 Permalink

I need to hear the engine growl

A few years ago kidbuck worked for a University that had just bought a small fleet of Toyota electric hybrids. Initially there were many calls to the garage complaining that these cars wouldn't start. Turned out the cars started just fine, but in all electric mode, and because they were completely silent the drivers thought they were dead.

In reply to by ZIRPdiggler

gregga777 Sun, 05/13/2018 - 16:17 Permalink

Regardless of how good the money is, there comes a point when you need to jump from the "Gravy Train" before it crashes into the rear of that train stopped on the mainline tracks. 

gregga777 Sun, 05/13/2018 - 17:13 Permalink

Soichiro Honda didn't start out making luxury Acura automobiles just after World War 2. He began making motorized bicycles with 50cc engines. Honda automobiles were years away in the future. Acura was 40 years away in the future. 

Henry Ford didn't jump right into making luxury Lincoln automobiles. He finally succeeded after several tries making the Model T for a mass market. Lincoln automobiles were years away in the future. Ford now makes 15,000 of their cash cow F-150 trucks per week!

On the other hand, Elon Musk started out making luxury vehicles for a tiny niche market. Now Tesla is trying to manufacture larger numbers of Model 3's (Versus earlier models) and is having lots of trouble ramping up to 2,000 per week. 

High-volume manufacturers come down the learning much faster than their low-/lower-volume competitors. There may be some, but I don't know of any luxury goods maker that has ever successfully become a high-volume manufacturer. 

PrivetHedge gregga777 Mon, 05/14/2018 - 04:26 Permalink

Honda and Ford's first vehicles never had retracting door handles either though did they? Or a giant and entirely pointless computer screen in the middle.

I don't know how Henry and Soichiro managed the boredom inherent in producing gimmick free products, they simply made stuff that worked, where Elon bought us exciting cemetery grade vehicles with retracting door handles and automatic driving with features to seek out fire trucks and concrete abutments.

Much more interesting. You can tell Elon is from the hollywood tribe, a pharisee on a mission.

In reply to by gregga777

Davidduke2000 Sun, 05/13/2018 - 17:44 Permalink

tesla will be sold shortly and musk will no longer be the ceo or associated with Tesla at all.

He is moving to new projects before Tesla blows up and cause him a domino effects.

not dead yet Davidduke2000 Mon, 05/14/2018 - 00:46 Permalink

If Tesla stock was going for under 50 bucks someone might be stupid enough to risk buying Tesla. With a wacked out stock valuation and huge debt nobody is going to buy them. Not every company has a board like Tesla where they rubber stamp everything the Muskinater wants. The question one has to ask is what does Tesla have that another company would need. Pundits claim Tesla is a tech company that makes cars so they must have lots of tech right? Nope. Any tech they may have can be aquired elsewhere as the major stuff came from Tesla suppliers. Mobile Eye supplied the self driving tech but they pulled out last year when they realized Tesla was bastardizing their tech. May not save them from being party to lawsuits filed by families who had relation end up dead in a self driving Tesla.

It is the cult of Musk that keeps the stock price way too high. He's a genius and is going to change not only the way they make and sell cars but he will change the world according to the deluded tech freaks who don't have a clue. That's why they recently offered Musk huge bonuses and pay for future performance. If Musk were to leave the stock would go into free fall even if Tesla got serious and hired experienced car guys who could turn the company around.

In reply to by Davidduke2000

PrivetHedge not dead yet Mon, 05/14/2018 - 04:29 Permalink

"Pundits claim Tesla is a tech company that makes cars so they must have lots of tech right?"

The pundits are wrong, Elon's company makes glitz and glamour and fulfills the order with grubby, poorly engineered cemetery grade toys that are good only for impressing iPhone users.

It's an image company and the shit engineering is now eating it from within.

In reply to by not dead yet

Bam_Man Sun, 05/13/2018 - 22:10 Permalink

Still $300+ a share, and they dare you to short it.

This psychotic delusion (along with MANY others) will be defended to the bitter end.

flyonmywall Sun, 05/13/2018 - 22:16 Permalink

If a gasoline powered vehicle burned like the Teslas do, they would have been recalled a long time ago.

But just because it's an EV powered by the darling Elon the Bullshitter, they just look the other way.

Fucking amazing. My F250 gas F250 gets 11.9 mpg in town. If a Tesla ran into it, it would just slide underneath and I'd skip over it with the 35" tires. 

Fuck you Elon Musk.