• ELON MUSK'S IRE REVEALS A WALL STREET SILICON VALLEY DIVIDE

    5 monthes ago - By Wall Street

    Wall Street Asking for Financials
    Wall-Street and Silicon-Valley have not been bed-fellows that are happy and which was on complete display this week during Tesla's every three months earnings call. These calls are usually dull affairs, with CEOs or CFOs reading a prepared script summarizing the already-released economic results and articulating the main goals of this company that have, presumably, been stated before. Then Wall Street experts ask a few questions about the outcomes, strategies, and strategy that executives artfully dodge or clearly answer. Just like press conferences, the...
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  • Elon Musk Is Restructuring Management at Tesla

    Elon Musk Is Restructuring Management at Tesla

    5 monthes ago - By Fortune

    Tesla CEO Elon Musk is “flattening the management structure” as part of a reorganization aimed at streamlining the electric automaker's operations as it continues to burn through capital and tries to ramp up production of its mass-market Model 3 car, according to a memo sent to employees Monday.
    In the memo reviewed by Fortune , Musk writes that the move is meant to improve communication and efficiency of its operations. The memo is below:
    To ensure that Tesla is well prepared for the future, we have been undertaking a thorough reorganization of our company. As part of the reorg, we are...
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  • Elon Musk reveals new details about how Tesla is restructuring

    5 monthes ago - By Chron

    Evan Vucci/AP Images
    Tesla CEO Elon Musk sent an email to employees on Monday morning stating that the company is reorganizing in an effort to flatten management structure and improve communication.
    Musk originally said that Tesla was restructuring in the company's first-quarter earnings call earlier this month.
    Musk said in the memo that Tesla still plans to hire more people to help it ramp up its Model 3 production.
    Tesla CEO Elon Musk said in a memo on Monday that the company is reorganizing in an effort aimed at "flattening management."
    Musk hinted at a reorg in Tesla's first-quarter...
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  • Tesla planning 'thorough reorganization,' CEO Musk says in email

    5 monthes ago - By Reuters

    Tesla Inc's
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  • Tesla is seesawing after announcing a restructuring plan

    Tesla is seesawing after announcing a restructuring plan

    5 monthes ago - By Business Insider

    Tesla will restructure in an effort to streamline it's business, CEO Elon Musk told employees Monday.
    The shuffle comes in the wake of a management shakeup that has seen Tesla's chief engineer take a leave of absence and another high-ranking engineer head to competing Waymo.
    Follow Tesla's stock price in real-time here.
    Shares of Tesla were seesawing near the key $300 level Monday following a Wall Street Journal report that CEO Elon Musk aims to flatten the electric carmaker's organizational structure.
    The reorganization was announced via an internal memo from Musk, a Tesla spokesperson...
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  • Tesla is seesawing after announcing a restructuring plan

    Tesla is seesawing after announcing a restructuring plan

    5 monthes ago - By Business Insider

    Tesla will restructure in an effort to streamline it's business, CEO Elon Musk told employees Monday.
    The shuffle comes in the wake of a management shakeup that has seen one high-ranking engineer head to competing Waymo and Tesla's chief engineer take a leave of absence.
    Follow Tesla's stock price in real-time here.
    Shares of Tesla were seesawing near the key $300 level Monday following a Wall Street Journal report that CEO Elon Musk aims to flatten the electric carmaker's organizational structure.
    The reorganization was announced via an internal memo from Musk, a Tesla spokesperson...
    Read more ...