The big bosses decide how products should be produced. They are supposed to be the smart ones in the room. But when they are wrong, as Elon Musk was, it is not Elon Musk’s head that is on the line to be fired. On the contrary, they ask for a 56 billion dollar pay check for Musk.
- Elon Musk wanted Tesla to reduce its workforce by one-fifth, Bloomberg reported.
- Musk wanted the layoffs to match the drop in quarterly vehicle deliveries.
- Tesla delivered 386,810 cars in the first quarter of 2024, a 20.1% drop from the last quarter.
Tesla CEO Elon Musk at one point wanted the EV giant to trim its workforce by 20%, Bloomberg reported on Sunday, citing a person familiar with the matter. Source
While I don’t always agree with unions, I have been a union member; they at least would protect the workers from suddenly being kicked out with any means to support themselves or their families.
