Director of Cybertruck manufacturing has left Tesla

[65SoYoLO]

I'm confused

Everyone in this story is named "Zhu"

zhu what?

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[CyberTruckeeTheOne]

Tesla has lower management turnover than the average SP500 company, people have crunched the numbers, it's true. It's the anti-Tesla folks who are trying to create the narrative that Tesla has excessively high turnover. The problem is, the facts don't support their narrative. Of course, that doesn't stop them from pushing that narrative.

Don't believe everything you hear. It could be someone trying to change your opinion of a company or person.

The President of Elon Fan Boiz Club speaket again.

Again, from the depths if his paranoia and persecution complex for their messiah Musk.

And speaking from the end of the bull.?

Tesla's turn over for Elon's direct report was 44% against peer average of 9%.

Google is your friend, fact-check before you open your trap.

 

[HaulingAss]

The President of Elon Fan Boiz Club speaket again.

Again, from the depths if his paranoia and persecution complex for their messiah Musk.

And speaking from the end of the bull.?

Tesla's turn over for Elon's direct report was 44% against peer average of 9%.

Google is your friend before you open your trap.

If you are going to cite numbers, you have cite who did the study. Otherwise it's just more fake news from those trying to get rid of Musk.

I know someone is full of shit as soon as they start attacking the person instead citing verifiable facts.

 

[Crissa]

Seems like the switchover is a bit high this last month, tho, Hauling.

Especially given how much dosh the company is sitting on.

-Crissa

 

[CyberTruckeeTheOne]

If you are going to cite numbers, you have cite who did the study. Otherwise it's just more fake news from those trying to get rid of Musk.

I know someone is full of shit as soon as they start attacking the person instead citing verifiable facts.

Ok, more persecution complex and it's Elon hating MSM meme.

If you want to dispute a number you have to cite your own. That's how it's done in fact-based world you know.

Again, Google is out there snd it's free.

 

[HaulingAss]

Ok, more persecution complex and it's Elon hating MSM meme.

If you want to dispute a number you have to cite your own. That's how it's done in fact-based world you know.

Again, Google is out there snd it's free.

You seem to think search engines are not biased, but they exist on advertising revenue and they use AI to maximize that. Guess who threatens Google's incredible $238 billion dollar stream of ad revenue last year? Yes, they get a lot from legacy auto, oil and gas and auto dealers. There was a time was Google was the greatest thing since sliced bread, that time has long since passed. Same with Ford and GM. Sad but true.

Sure, one can generally use Google to find the truth, but it's not just a matter of Googling it, you have to engage your brain.

You seem to be the one making the claim that Tesla doesn't retain their managers/execs for as long as the average SP500 company. I agree that they don't have the "old leather and dark wood" management dead weight of GM and Ford, that's a good thing, top-heavy management is bleeding legacy auto dry. They are like leeches, once they get in the club they just push paper and collect high salaries while not benefitting the consumers who buy their products. Someone has to pay for their lavish vacations. In most cases Ford and GM would be better off without these paper pushers.

But when measuring top management tenure at Tesla to that of other SP500 companies, Tesla has better than average retention. YOU can Google it, if you actually wanted to know the truth.

 

[Deleted member 17810]

Tesla has lower management turnover than the average SP500 company, people have crunched the numbers, it's true. It's the anti-Tesla folks who are trying to create the narrative that Tesla has excessively high turnover. The problem is, the facts don't support their narrative. Of course, that doesn't stop them from pushing that narrative.

Don't believe everything you hear. It could be someone trying to change your opinion of a company or person.

Link?

 

[CyberTruckeeTheOne]

You seem to think search engines are not biased, but they exist on advertising revenue and they use AI to maximize that. Guess who threatens Google's incredible $238 billion dollar stream of ad revenue last year? Yes, they get a lot from legacy auto, oil and gas and auto dealers. There was a time was Google was the greatest thing since sliced bread, that time has long since passed. Same with Ford and GM. Sad but true.

Sure, one can generally use Google to find the truth, but it's not just a matter of Googling it, you have to engage your brain.

You seem to be the one making the claim that Tesla doesn't retain their managers/execs for as long as the average SP500 company. I agree that they don't have the "old leather and dark wood" management dead weight of GM and Ford, that's a good thing, top-heavy management is bleeding legacy auto dry. They are like leeches, once they get in the club they just push paper and collect high salaries while not benefitting the consumers who buy their products. Someone has to pay for their lavish vacations. In most cases Ford and GM would be better off without these paper pushers.

But when measuring top management tenure at Tesla to that of other SP500 companies, Tesla has better than average retention. YOU can Google it, if you actually wanted to know the truth.

Yadah, yadah on your mere say so and paranoia and persecution complex musing.

Just f'n prove your disputation with your own niumbers.

And for more education, Google and search enginea don't come out with their own, it's from published sources listed up based on your own keywords.

Why are you even in the internet? ?

 

[HaulingAss]

Link?

Tesla haters have long tried to position Tesla as a failing company, and used percieved high executive turnover rate as compelling evidence that Tesla was a failing company. But when you looked at the actual turnover rate, the numbers were found to be in line with typical companies, no real difference.

Of course the devil is in the details, and how it is measured, but I would point you to this analysis that was done in the heat of "Oh, no, Tesla is failing, all the executives are bailing" :

Tesla's Executive Turnover Seems About Average (Updated) | TalkMarkets

It could be that the numbers have changed since then, with the stock price having made many of the early Tesla people into multi-millionaires and multi-billionaires, but that is normal for companies to go through different management eras, people tend to leave at specific points in a company's growth trajectory.

No doubt, Tesla is one of the most dynamic growth companies of the modern era, and with that comes constant change. The problem I have is when people represent this dynamism as a reason why the company sucks or why it's going to fail. The media is full of stories claiming Tesla's turnover will be its doom, yet Tesla continues to carry out their mission to accelerate the adoption of sustainable transportation and energy by growing EV production and energy storage every single year since they went public, including the most recent year, and 2024 will be no different.

The haters just love to hate, even when the results are spectacularly good for humanity.

 

[HaulingAss]

Yadah, yadah on your mere say so and paranoia and persecution complex musing.

Just f'n prove your disputation with your own niumbers.

And for more education, Google and search enginea don't come out with their own, it's from published sources listed up based on your own keywords.

Why are you even in the internet? ?

Huh? You are not making sense.

You totally missed my point, which is that search results are biased. Google is not a benevolent tool, it chooses the results you see.

 

[Deleted member 17810]

That analysis is 6 years old.

 

[CyberTruckeeTheOne]

Huh? You are not making sense.

You totally missed my point, which is that search results are biased. Google is not a benevolent tool, it chooses the results you see.

And let me guess, you don't know algorithm.

Even paid and sponsored ads go through it and that's why you never get to ranked searched results.

As to your MSM this MSM that, they have biases, but you got to go through and filter that. It's not the problem. But the lies that they spew to their low education gullible listeners and viewers for which they seemed to have not learned from even after paying huge settlements.

So, have you found your numbers yet to refute mine? That should only be simple math -- err, arithmetic. ?

 

[HaulingAss]

And let me guess, you don't know algorithm.

Even paid and sponsored ads go through it and that's why you never get to ranked searched results.

As to your MSM this MSM that, they have biases, but you got to go through and filter that. It's not the problem. But the lies that they spew to their low education gullible listeners and viewers for which they seemed to have not learned from even after paying huge settlements.

So, have you found your numbers yet to refute mine? That should only be simple math -- err, arithmetic. ?

I must have missed your numbers. What were they?

 

[CyberTruckeeTheOne]

I must have missed your numbers. What were they?

Yeah, play that ring around the ferries wheel hoping we'll forget.

 

[HaulingAss]

Yeah, play that ring around the ferries wheel hoping we'll forget.

It looks like you are talking about a report Bernstein analyst Tony Sacconaghi put out in August of 2019 claiming Tesla's turn over for execs that report directly to Elon was 44% against peer average of 9%. He said this had him concerned about Tesla's future. This is funny because Tony had a persistent underperform/sell rating on Tesla for years, a period when Tesla made millionaires out of people who ignored Tony. In fact, Tony ended up chasing TSLA higher with his price targets, as Tesla climbed, Tony had to keep raising his price target while maintaining a sell rating. The stock is still 10 times higher 5 years later, than when he released his report saying executive turnover was a red flag for Tesla's future performance.

The fact is, Tesla naysayers have long used a perceived high executive turnover rate at Tesla to cast doubt on their ability to perform. It's often exaggerated and it's a big nothing-burger.

If you listen to people like Tony Sacconaghi, you deserve what you have coming to you. I'm guessing you didn't 15X+ your money in 2019/2020 like I did. One thing I've learned is that people who loudly throw shade on Elon and Tesla often have a lot of hate inside, because they missed the big runups, when everyone was throwing shade on their future prospects.

The other thing I know is that real research doesn't get given away for free. Wall Street analysts are actually just manipulators of investor behavior so their bosses can make more money. They are not giving away their research for free to help you. There is supposed to be a firewall between the analyst side of the brokerages and the investment side, but anyone with half a brain knows that's just an illusion and they are actively trying to influence investor behavior for profit.

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