Tesla Accounting Chief, HR Head Resign on the Same Day; Stock Plunges

Re:Tesla Accounting Chief, HR Head Resign on the Same Day; S... by jklein11 on Friday September 07, 2018 @09:42AM (#17934132)

This. A million times this. When a Tesla was $100,000 it was a status symbol. Seeing one on the road was cool and novel, like seeing a Maserati. Flooding the streets with Tesla is hurting that brand and causing the company to burn cash.

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Re:Tesla Accounting Chief, HR Head Resign on the Same Day; S... by gbear605 on Friday September 07, 2018 @10:05AM (#17934290)

You’re in the SF bubble, my friend.

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Re:Tesla Accounting Chief, HR Head Resign on the Same Day; S... by jklein11 on Friday September 07, 2018 @04:50PM (#17937525)

I don't live anywhere near SF although I do live on the North East Coast of USA so I suppose I am subject to the bias you are talking about.

Tesla mass producing their cars has been a massive headache for them. I think it would have benefited shareholders if they had stuck to the niche of luxury vehicles that they were demonstrating success in.

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Re:Tesla Accounting Chief, HR Head Resign on the Same Day; S... by perl4ever on Friday September 07, 2018 @08:16PM (#17938643)

I think it's easy to overlook just how long it takes to establish a car business in the US, or assume it's different because this is the future. Hyundai started selling cars in America over 30 years ago, and they're still kind of an upstart. It took them almost 20 years to refocus on quality and overhaul their reputation for building junk. Tesla has only been around for a decade.

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