Tesla insiders say ‘it’s a s–t show’ under beleaguered Elon Musk

Right now there is a colossal battle going on in and around Tesla, the heavily taxpayer financed car company.

On the one side stands Elon Musk, given to exaggeration and over promising. On the other side are short sellers in the market putting pressure on Tesla’s stock price and making life even more difficult for Musk (though Musk’s greatest difficulties stem it appears directly from Musk). In the middle are plant workers putting out cars that are not ready for prime time, sales people who feel shafted, befuddled shareholders, and customers.

And don’t forget the SEC circling in the distance.

(From The New York Post)

One insider vouches for this and says that when Musk tweets about a new functionality or feature, it’s often in response to a fan who has asked when such a thing might be available. Musk, says this source, will often email the tasked department, then tweet back to the fan the date it will be done, no matter how unrealistic the request.

Musk has been given plenty of leeway with his crony endeavors. Much of the good will however is gone.

Click here for the article.

http://www.againstcronycapitalism.org/