Elon Musk has fired around 10% of the overall Tesla workforce. This includes several high-level executives, and most of the team that ran the Supercharger Network. That is probably the most puzzling part of this whole equation for me. I understand the need to downsize the company when things aren’t great, but I always saw the Supercharger Project as his true long play plan. I mean, manufacturing cars seems like small potatoes when you have the chance to own the complete infrastructure that powers them.
To add even more intrigue to this situation, the Tesla stock has somehow increased by about 25% over the last 2 weeks. I guess bad news is bad news everywhere except for Wall Street.
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