Tesla in Tailspin: Company Fires 10% of Workforce as Sales Collapse, Elon Says Nothing Wrong

Andrew Anglin April 16, 2024

Previously: Fat Retard Musk Says He Didn’t Cancel Plans to Compete with Chinese EVs

Maybe it’s time to start shorting Tesla stock?

There’s no plausible way for the company to pull itself out of the hole it is in, other than even more government subsidies.

No one in the world is going to pick Tesla over the Chinese alternatives, given that the quality and price gaps are both so wide.

Elon went all-in on the stupidest looking “truck” ever, while laughing off the idea that the Chinese were going to be competitive.

America can keep blocking imports of Chinese EVs, but the rest of the world is buying them. Further, most retards who buy EVs do it because they are mentally ill freaks who believe in global warming, and Elon has alienated most of these people by aligning himself with the Republican Party.

There is no way out for this company.

Reuters:

Tesla told staff it is laying off more than 10% of its global workforce, an internal memo seen by Reuters on Monday shows, as it grapples with falling sales and an intensifying price war for electric vehicles (EVs).

In response to commentary on the news on X, Tesla CEO Elon Musk posted: “About every five years, we need to reorganize and streamline the company for the next phase of growth.”

Yeah, great manager language there, Elon.

You should get a job at Vault-Tec.

Gay ass homo.

Musk last announced a round of job cuts in 2022, after telling executives he had a “super bad feeling” about the economy. Tesla never outlined how many jobs it cut in 2022, but its employee headcount has risen from around 100,000 in late 2021 to over 140,000 in late 2023, according to SEC filings.

Monday’s dismissals were effective immediately, according to a copy of the email sent to laid off employees seen by Reuters.

Also on Monday, Tesla’s senior vice president Drew Baglino, in charge of battery development, and Rohan Patel, vice-president for public policy and business development, both announced their exits from the company on X.

Baglino was one of four members in Tesla’s leadership team listed on the company’s investor relations website that includes CEO Elon Musk. Musk thanked both executives for their work in a response to their respective notes on X.

Rats scurry from the sinking ship!

So doomed.

Scott Acheychek, CEO of Rex Shares – who manage ETFs with high exposure to Tesla stock – described the headcount reductions as strategic, pointing to Tesla’s overall year-on-year headcount increase as a sign that the carmaker was still in a phase of growth.

Still, Michael Ashley Schulman, chief investment officer at Running Point Capital Advisors, deemed the departures of the senior executives as “the larger negative signal today” that Tesla’s growth was in trouble.

The Chinese are laughing at this fat retard as all his ships sink.

Related: China Mocks Fat Retard Elon Musk for Needing Subsidies to Make Overpriced Crap EVs

I am laughing as well.

He thinks it’s funny to say he allows freedom of speech and then ban people for masturbating?

The chickens are coming home to roost.

Elon was in on the ground-floor of designing a robot taxi, and he failed to produce anything at all. Now Google is way ahead of him, and even Amazon is beating him.

The Chinese are also beating him.

Everything is collapsing around Elon Musk, but he is too fat and retarded to notice. He just gets stoned and calls Ben Shapiro, who tells him everything will be okay as long as he supports Israel more and more and more.

Ben Shapiro gives Elon “God blesses those who bless Israel” lectures.

We’ll see if that saves any of his failing companies. It’s clearly not helping with the weight loss, as Elon appears 10lbs fatter every time I see him.

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