Tesla employees ask Elon Musk to resign, confirm demand problem
a year ago
- #Tesla
- #Corporate Governance
- #Elon Musk
- Some Tesla employees have officially asked Elon Musk to resign, citing a massive demand problem they attribute to him.
- One employee, Matthew LaBrot, was fired for his association with an open letter criticizing Musk's leadership.
- Tesla's sales declined in 2024 for the first time in a decade, with a further accelerated decline in Q1 2025.
- Employees argue that Musk's politicization and personal brand damage are alienating customers and hurting Tesla's mission.
- EV sales in the US were up 10% in Q1, while Tesla's sales dropped by 9%, contradicting Tesla's Model Y changeover excuse.
- Thousands of new Model Ys are sitting unsold in inventory, highlighting a demand issue rather than a product problem.
- Employees are calling for Tesla to move forward without Musk as CEO, but the board has ignored their concerns.
- Tesla's Gigafactory Texas workers were told to take a week off due to significant demand issues.
- Critics argue that ignoring Tesla's problems, including Musk's leadership, won't make them disappear and could lead to further decline.