Elon Musk is facing a wave of senior departures at his companies amid disillusionment with the billionaire’s activism, strategic pivots, and mass layoffs, The Financial Times’ Stephen Morris and Hannah Murphy report. Key members of Tesla’s (TSLA) U.S. sales team, battery and powertrain operations, public affairs arm, and its chief information officer have all recently departed, as well as core members of the Optimus robot and AI teams, according to the report, which adds that churn has been even more rapid at Musk’s AI startup xAI.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSLA:
- Tesla’s Growth Potential and Innovation Drive: A Buy Rating by George Gianarikas
- Tesla price target raised to $490 from $333 at Canaccord
- Here’s How General Motors, Ford Are Striving to Extend EV Tax Credit
- Walmart (WMT) Says No to Humanoid Robots But Warns AI is Coming For Your Job
- Here’s Why Tesla (TSLA) Could Smash Q3 Delivery Forecasts