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Does Elon Musk's Latest Move Mean Tesla Is Doomed?

Motley Fool2022-06-30

KEY POINTSOn Tuesday, Tesla reportedly laid off more than 200 people working on its Autopilot software and shuttered a facility in California.Musk has called full-self driving essential to Tesla's ...

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Comment19

  • romanc9
    ·2022-06-30
    If it is required to cut workforce  to reduce cost for the time being and the CEO said so means it is necessary. Not that he stop the project. Maybe the cut are to cut those getting redundant.. His foresight is quite sharp had to take my hat for him. 
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  • CIG
    ·2022-06-30
    Buying 1 share of Tesla or USD 700 of Bitcoin, which one will hit USD 3000 first?
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  • Jason_LSE
    ·2022-06-30
    Musk is no doubt a genius. As long as he stay focus and not get distracted by the nonsensical stunts, Tesla & Space X ..etc.. will do well. 
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  • Remotecam
    ·2022-06-30
    Elon's job as CEO is not to be liked or loved.  It's calculating all the inputs and making sure the output is able to pay for it. Unless the giga cash burning factories start turning around to at least break even, Tesla indeed can run into a wall very quickly. Especially if recession hit customers in Europe, US and China stop buying cars. His genius brain has calculated all the odds and it's not looking good. 
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  • Sravan588
    ·2022-06-30
    K
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  • 小虎一飞冲天
    ·2022-06-30
    Like pls
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  • ElvisLHS
    ·2022-06-30
    Read...pls like. Thanks in advance 
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  • Andrew cub
    ·2022-06-30
    Must know who wrote this Roti pranta
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  • JC888
    ·2022-06-30
    Question is - have Tesla customers been taken for a ride about Autonomous Driving that will never materialise in the near future? Does it mean the "premium" associated with a Tesla with potential. AD feature is nothing but a Mktg ploy? Afterall mr musk consistence track record for all things under his group of companies seldom come true (google to find out) or even things he loved to comment for that matter. Just a lot of unfiltered #£&@%/+ (noises) from a noisy person. LOL
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  • philipphilip
    ·2022-06-30
    Misleading, ai is doing the labelling 
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  • n86887
    ·2022-06-30
    [Surprised] 
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  • Aivern
    ·2022-06-30
    Calm tf down bro they are sitting on billions of cash, even if they dont sell anything they can still run for a couple years.Geez, after all this time u still dont know that elon is a troll and isn't beholden to what he's said before?
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  • DIckson
    ·2022-06-30
    Why does tiger trade have so much nonsense article? 
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  • BB J
    ·2022-06-30
    NO WAY!!
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  • TSL8
    ·2022-06-30
    $TSLA will go to the moon with or without FSD 
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  • Ztradee
    ·2022-06-30
    Such an ultra rich employer starts laying off their people to cut cost tells us alot of the kind of person he is.
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  • Darrenneoyo
    ·2022-06-30
    Fool.com is foolish
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  • ARIESan
    ·2022-06-30
    Of cos not 
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