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What’s happening at Tesla? Here’s what experts think.
Can things be turned around at Tesla, or is this the beginning of the end?
Its original founders were among the very first to realize that lithium-ion laptop cells were just about good enough to power a car, assuming you put enough of them in a pack, and with critical funding from current CEO Elon Musk, the company was able to kick-start an electric vehicle revolution. Inside EVs learned that at least four planned sites in New York City are off, though Musk did post to his followers to say that Tesla will still grow the network "at a slower pace" and with more focus on uptime. The company has now parted ways with its head of HR, and insiders say that some of the layoffs "have nothing to do with hiring inefficiencies or restructuring but rather with Musk throwing his weight around Tesla," according to Electrek.
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