Report of the surging news reporter Bao Yu Meng
The U.S. electric car maker Tesla is facing another massive high-level upheaval, with founder and CEO Elon Musk in a hurry to "put out the fire".
Liam O'Connor, Tesla's vice president for global supply chain management, has resigned from the electric car maker, according to a person familiar with the matter, Bloomberg reported on September 21. O Conner joined Tesla from Apple Corp in March 2015. Tesla did not comment on the report.
So far this month, Tesla's top five executives have been disclosed to have left their jobs, and four others are Gabrielle Toledano, Tesla's head of human resources, Justin McAnear, Tesla's vice president of global finance and operations, and Dave Morton, Tesla's chief accountant. And Tesla global finance and operations vice president Justin Mcani (Justin McAnear).
Jim Chanos, a prominent investor and founder of Kynikos Associates, the world's largest short-selling fund, called Tesla "shocked" after seeing a list of top departures. He said Tesla's continuing executive "resignation" showed that the company was experiencing turbulence, which is why some investors are not optimistic about its stock price.
Chanos himself was one of Wall Street's leaders in voicing Tesla's short position, saying publicly in March that he had increased Tesla's full-year short position, telling Reuters he expects Musk to leave the company by 2020.
Chanos also counted the list of Tesla executives who left the office in recent years. According to his statistics, 41 senior managers have left Tesla since 2018, and 58 more in the past 12 months.
"It's never a good sign that when the company's share price is still high, the top executives are choosing to leave. This shows that something must be wrong. I don't know exactly what the problem is, but almost all the top executives in Tesla should have seen something, so they gave up their stake. Chanos told Bloomberg reporters.
According to Bloomberg, Tesla founder and CEO Elon Musk is trying to control the loss of senior executives. Earlier this month, he announced a series of top-level promotions aimed at rebuilding the executive team from within. One of the most important initiatives is to upgrade Jerome Guillen to President of automobiles, a newly created position to coordinate Tesla's auto supply chain.
Gilan is regarded as Tesla's great hero, the "reassurance pill", to solve Musk's urgent need in Model 3 production capacity. It was under his auspices that Tesla built the Model 3 assembly line in a tent outside the car factory, which helped the company achieve its pre-set production goals this summer.
Gene Munster, executive partner of Loup Ventures, a venture capital firm, points out that "the Executives'selection program shows that Musk has realized that he can't do everything by himself. But how to retain existing talent and recruit new talent is a bigger problem. "
It is also widely believed that Musk has taken on too much responsibility in Tesla, and that if he has problems, the company is prone to run out of control. People close to Tesla's board told the media in August that Tesla's board was always looking for senior talent, but was not actively looking for a chief operating officer.
Ed Kim, an analyst at AutoPacific, an auto consulting firm, said in an e-mail: "It's no secret that Musk himself admits he's always been overly stressed and overworked, and his recent eccentricities clearly reflect that." Recently, musk was exposed to cannabis in the live broadcast.
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