Tesla (TSLA) is rehiring back some of its Supercharger team which were laid off last month, according to Bloomberg. This comes after CEO Elon Musk posted on X (formerly Twitter) that the EV maker was all in on expanding its Supercharger network with an investment of over $500 million in spite of headcount reductions and recent executive departures.
ROTH Capital Senior Research Analyst Craig Irwin sits down with Catalysts to talk about Tesla’s Supercharger road map and which areas the auto company should be prioritizing.
They got to show they can they can get growth going again right? When you decline 7 or 8% you’ve got to actually show that you can get to positive growth again. That’s not particularly easy. They’re going to have to cut price, they’re going to have to be aggressive,” Irwin states. “And they’re going to have to lay out a path to the mini car, the cyber taxi, robotaxi, whatever it’s going to be. Where’s the growth going to come from? they’ve got a lot of work to do with investors.”
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I would ask for double pay and a signing bonus as a war chest against future Elon mood swings. Too much risk. Elon seems to be stuck in opposite world so since the energy storage team is doing well they will be fired next.
I agree. Elon is horribly harming Tesla; by not shepherding all the assets hundreds or thousands of employees have spent 15 years building. A great leader should walk humbly in the world. Tesla is not Mr. Musk. Tesla is the employees of Tesla that act to build, maintain, repair, manufacture, distribute, and market the products of Tesla. Elon’s buying of X without long-term financing and the selling of stock to serve his personal needs, this failure harmed the employees and market stockholders. Ditto when Mr. Muck failed to have a steady stock-selling plan that was needed to correctly fund his living needs and pay his great tax liability. That harm occurred in public as Musk sold stock in the market driving down the stock price, to meet his tax needs.
@@deangg8yes so horrible, oh wait tho he made investors huge money over the years… lots of doubters over the years that are broke mofos now
For the 10 billion spend on FSD Tesla could already be making a nice little hatchback and selling all of them.
If they just gave Musk the boot they could gain millions of customers.
@@damham5689 And imagine how much better the products would get.
Does Musk really know what he is doing?
no. for how this idiot treats his employees, he doesn’t deserve a single one of them. i would never work for him.
No. Why don’t you go and start your own super charger Network and teach Musk how it’s done.
@@sptp8226the car portion of this company will be dwarfed by tech soon… Craig Irwin is a joke, no idea how people trust him with their money.. him and Gordon Johnson dumb and dumber
Don’t worry bruh, he knows more about manufacturing than anyone currently alive on earth.
Thoughts with Elon by Fahim Anwar is funny AF.
“They have car company problems, and tech company aspirations.” Well said.
better than a certain social media company with tech aspiration.
Obviously this guy & Yahoo Finance does not have a clue about Tesla & Musk ! That is because Yahoo is aligning itself with the Woke Whitehouse .. Musk’s history speaks for itself !!
You are part of the cult be open to a different point of view.
“At this point, I think” he “knows more about” Tesla “than anyone currently alive on earth.”
yahoo finance gives great investment advice for free.
@@dopemusic6414 YOU may include yourself in my statement ! you are now part of a woke cult against Elon Musk , and thats ok 🤣
elon really sounds like he has no clue what he is doing these days with his companies.
Oh you spoke to elon?
Another Elon cult member ☝️
@@AstonVantage8😂😂😂 💯
@@AstonVantage8 exactly .. these cult members should wake up .. his decision making in the last couple years has been horrible .. if I did not have so much money invested I would sell all my stock..dude has openly admitted his is self medicating ..I’m very concerned as an investor
@@AstonVantage8 👈 Another deranged Elon hater.
Totally agree with the analysis. Get the laid off people back and focus on cars and customer satisfaction.
Hard to focus on anything after treating your employees so badly. Everyones just looking for another job.
@@TheBoobanVery true 😢
@TheBooban agreed, these employees are coming back to just take the check until they get another job. Many probably want to get back into their computers to get their work product and take it with them.
Tesla employees MUST GO UNION TO PROTECT THEMSELVES AGAINST ELON’s TANTRUMS.
Every one should buy a ev because gas is expensive
Theyll get fired eventually
Spastic decisions. He ought to get a MRI scan for a brain tumor.
Elo-Usk.. best and knows all about human resource than anyone in the world 😂
What a 4d chess move from Musk. Truly a visionary leader with no equal in the world of business. You know your business planning is flawless when after firing the employees you figure out that you actually still need some of them to do the job from which they were fired from. Also nothing motivates a diligent employee more than being fired off out of the blue and then being asked back to a job with very little job security in it.
All those people he hired back will jump ship at the first opportunity, as they should.
Elon please fly to Mars and stay there.
Chinese car companies building plants in Mexico.
Like these air heads know anything about running a multi billion company. 😂
Craig If Craig knows so much, why not become the CEO of another Car company & compete with Tesla? 🤷🏾♂️
He makes sense. Car company problems, with tech company aspirations. 100%
Insanity
No problem . Elon will just make a fantastical claim and his fanboys will swoon and jiz themselves over the sight of their messiah, grab their moms credit cards and buy more stock.
Tesla and Elon Musk have gone into the meme realm.
From a pre-open price above 181.00 this morning, to drop to 173.11 barely an hour later is indicative of how Tesla’s share price is being manipulated.
In stead of building the mini car , he spends billions building the ciber truck .. who asked him for steer by wire ?..all he had to do is produce an electic model y pickup truck .. and he would have put the F150 to death ..
I would demand to retain any severance benefits.
Elon Musk at his best .., behaves like a spoiled kid instead of a focused CEO
Why would you go back if you know how little you are valued and how quickly you position can become irrelevant.
Meanwhile, Tesla and China are light-years ahead of every other EV auto manufacturer on the planet. Musk knows exactly how important his charging team is moving forward…and just like what he did at Twitter/X. He has massive layoffs and THEN hand-picks the BEST to come back…we’ve seen this move before.
Was the reporting even accurate about the layoffs of the supercharger division in the 1st place? Likely not.
Tesla’s or more specifically Musk’s more recent decisions, the flip flopping over supercharging, the reduction in head count, the focus on RoboTaxi, and the delay to a low cost EV model, all these seem to be symptoms from someone who is in more financial difficulty than they care to admit.
What is so absurd is that in the same breath as announcing cuts and saying “There is nothing I hate more,”, he is demanding a $50Billion pay day.
I was concerned about the auto unions but wow this company is just asking for a union
Musk with his classic bear trap🤑
So has E’loon apologized to those rehired? Has he made an offer to Tinucci? Have the automakers he betrayed by undermining the J3400 transition threatened to sue his arse for that fiasco?
Nobody wants a Tesla garbage
All these attacks on Tesla is getting old and boring. Maybe Tesla should just spend some ad dollars with these media so they can be treated as nice as the big three. Don’t even talk about Chinese EV, they will totally eliminate the big 3 in China, and be like the Japanese cars in America, deny all you want.
What a joke.
When you don’t know how to run a company, it’s like blindly throwing darts at a dartboard to see what to do next.