For a few days, Elon Musk has not been present on Twitter. All the media evoke the bankruptcy of Tesla and it seems that the dismissal of Elon Musk is in question.
Before getting to the heart of the information, I would like to take stock of the economic and financial situation of the manufacturer with the big T.
NB This is a humorous post following a challenge on our account Twitter.
Is the Tesla company on the verge of bankruptcy?
You can actually ask yourself the question given the headlines you can read on many reputable serious media. Nevertheless, we would like to enlighten you in the light of our knowledge on the subject and encourage you forever to form your own opinion through your own research. (Not only on Tesla Mag, please)
I would quote here the words of Phil, a historic member of the Tesla Mag forum:
“Running a business is all about strategy.
When we are on the verge of bankruptcy, we hide it by hoping and working for better days.
It’s not the first time that Elon has spoken of bankruptcy for Tesla, the last time it’s a few weeks or months before he became the richest man on the planet.
Surprising to speak of bankruptcy for a company which is worth + 750 billion$ according to the financial markets”.
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Has telework impacted the smooth running of the company?
We must rather ask ourselves the question of the impacts of teleworking on the entire economy. Certain companies or certain positions are compatible, but the controversy formed by Elon Musk with an internal note testifies to the degree of sensitivity of the company on the subject.
Briefly, all the companies are established and the CEO of Tesla naturally whistled the end of a recreation because it was necessary for the company. Hard to doubt it.
Even if the company Tesla brings together technology and software assets, the action remains correlated to the automotive market. Do you hear a single piece of good news about the sector.
The Californian manufacturer remains the manufacturer that has benefited the most from the current crises, but it must be remembered that the fundamentals of the company are still on the ground. An era when VW’s share price fell by 40% over 1 year! And 25% over the last 4 months!
A new era is opening for Tesla with new challenges, but it is obviously far too early to talk about the word bankruptcy.
A wave of layoffs
For a week, the Twitter sphere has regretted the absence of Elon Musk. In a context where more serious layoffs are underway to once again prepare the company for the new clocks. Our friend Wholemars Blog is used to shock titles and challenged us to use it.
So there are two obvious facts here: We appreciate humor at Tesla Mag and Elon Musk obviously wasn’t fired from Tesla.
For the past few days, Elon Musk has been back. He reappeared to share his meeting with Pope Francis.