Many Tesla veterans are also expressing their disillusionment, with some accusing Musk of letting his popularity on Twitter cloud his judgement. There is also criticism of Musk's focus on the expensive stainless steel Cybertruck at the expense of a $25,000 entry model, which some believe would have driven further growth. The company's future now largely rests on its Full Self-Driving software, which has recently dropped the "beta" qualifier in favor of "supervised". The departure of Tesla's finance chief, Zach Kirkhorn, has also raised concerns about the lack of a clear successor to Musk.
Key takeaways:
- Tesla investors are growing frustrated with CEO Elon Musk's part-time commitment to the company, with concerns that his focus on other ventures and controversial topics is negatively impacting Tesla's performance.
- Many Tesla veterans are critical of Musk's lack of enthusiasm and commitment to Tesla, with some believing he is more interested in his popularity on social media platforms than in the company's success.
- There is a growing divide within the Tesla community, with some supporting Musk regardless of his actions, while others are calling for him to fully commit to Tesla's original mission to decarbonize transport.
- The departure of Tesla's finance chief, Zach Kirkhorn, has left the company without a clear successor to Musk, adding to concerns about the company's future direction and leadership.