I was an early investor in Tesla (I cashed out a few years ago). I believe in their mission. I wish their success.
But this is hard, simultaneously telling your workforce:
1) We need to you work harder, better, and faster.
2) To help you achieve this, we will be reducing your headcount (and thus resources) by 7%.
3) By the way, if you fail, the company fails.
…But keep your heads up, it's for the planet! At some point these thousands of folks that remain are going to start asking "Is it worth it?" That coupled with legitimate competition from their "entrenched" competitors, 2019 looks to be a very difficult year for Tesla.
I still hope they succeed; I just hope the real, human costs are worth it.
But this is hard, simultaneously telling your workforce:
…But keep your heads up, it's for the planet! At some point these thousands of folks that remain are going to start asking "Is it worth it?" That coupled with legitimate competition from their "entrenched" competitors, 2019 looks to be a very difficult year for Tesla.I still hope they succeed; I just hope the real, human costs are worth it.