8chan/8kun QResearch Posts (8)
#7299459 at 2019-08-01 22:14:10 (UTC+1)
Q Research General #9339: WINNING Edition
Tesla CTO sold $3.45m in shares-July 29
Tesla co-founder and CTO JB Straubel stepping down
Tesla co-founder and CTO JB Straubel is stepping down from his day-to-day role as an executive at the automaker, CEO Elon Musk announced during a conference call with analysts Wednesday.
Drew Baglino, vice president of technology, will take over his duties, Musk said. Straubel will stay on in a senior advisor role.
"I want to thank JB for his fundamental role in creating and building Tesla," Musk said during the call. "If we hadn't had lunch in 2003, Tesla wouldn't exist, basically," Musk added.
Straubel described his time at Tesla as an adventurous 16 years.
"I'm not disappearing, and I just wanted to make sure that people understand that this was not some, you know, lack of confidence in the company or the team or anything like that," Straubel said, adding that he loves the company.
Straubel's role at Tesla cannot be understated. The executive was responsible for some of the company's most important technology, notably around batteries. His understated yet steady presence along with his technological acumen gave provided stability even when its CEO became embroiled in controversy.
His departure is the latest in a long string of high-profile executives to leave Tesla in the past year, most recently Steve McManus, a vice president in charge of engineering for car interiors and exteriors at Tesla, who joined Apple. Two other former Tesla executives, Michael Schwekutsch, and chief engineer Doug Field, have also left to join Apple.
Straubel is involved in another company called Redwood Materials, which emerged in 2017. An SEC filing in 2017 a $2 million initial investment in the Redwood City, Calif.-based company that describes itself at its site as focused on "advanced technology and process development for materials recycling, remanufacturing, and reuse."
The filing lists Straubel and Andrew Stevenson, the former head of special projects at Tesla, as executive officers. Stevenson is now CFO at Redwood Materials.
https://techcrunch.com/2019/07/24/tesla-co-founder-and-cto-jb-straubel-stepping-down/
https://www.finviz.com/insidertrading.ashx?oc=1494727&tc=2&b=2
#7185235 at 2019-07-25 18:38:59 (UTC+1)
Q Research General #9193: Moar Disney on the rocks! Edition
Tesla Reports Loss of $400+ Million, Co-Founder Leaves Company
Tesla shares dropped significantly following the release of a lower-than-expected earnings report, which included a loss for the quarter of $408 million, along with the departure of the company's co-founder and Chief Technology Officer J.B. Straubel.
CNBC reports that Tesla's Q2 earnings release resulted in a significant drop in Tesla stock price with an overall decline of 10 percent in extended trading. The drop continued into Thursday trading, Tesla is down 14 percent at the time of this writing. Refinitiv compiled a summary of what Tesla posted versus what analysts expected, it reads as follows:
Loss per share on an adjusted basis: $1.12 vs. 40 cents expected
Revenue: $6.35 billion versus $6.41 billion expected
Despite falling short of expectations, Tesla reaffirmed full-year delivery guidance stating that the company still believes it will sell 360,000 to 400,000 vehicles in 2019 mostly consisting of Model 3 sedans. In the first six months of 2019, Tesla delivered approximately 158,200 vehicles to customers and still has to deliver more than 200,000 in the last six months of the year to hit the low-end of its projected figures.
Tesla alleges it has a weekly run-rate of 7000 Model 3 cars and plans to produce 10,000 Model 2s per week by the end of 2019. Tesla stated in its second-quarter letter that it plans to improve production at existing factories in order to make high-volume Model 3 sales possible. While sale of the firm's Powerwall and Powerpack energy storage products increased, sale of its solar energy products continued their decline. Tesla combines sales of all energy generation and storage product into one figure which came to $368.2 million in revenue, a two percent decline over the same time period last year.
What didn't help the poor earnings report is the announcement of the departure of Tesla co-founder and Chief Technology Officer J.B. Straubel. Drew Baglino, vice president of technology, will be replacing Straubel as CTO while Straubel will stay on in an advisory role.
The announcement was made on a conference call with analysts on Wednesday, Tesla CEO Elon Musk discussed his departure stating: "I want to thank JB for his fundamental role in creating and building Tesla. If we hadn't had lunch in 2003, Tesla wouldn't exist, basically." Straubel stated that his time at Tesla had been an adventurous 16 years and added: "I'm not disappearing, and I just wanted to make sure that people understand that this was not some, you know, lack of confidence in the company or the team or anything like that."
Straubel is the latest in a long line of executive departures at Tesla, recently the firm's vice president in charge of engineering for car interiors and exteriors, Steve McManus, left the firm to join Apple. Tesla executive, Michael Schwekutsch, and chief engineer Doug Field also recently departed the firm to join Apple.
https://www.breitbart.com/tech/2019/07/25/tesla-reports-loss-of-400-million-co-founder-leaves-company/
#2044805 at 2018-07-05 19:52:26 (UTC+1)
Q Research General #2579: Moving Right Along Edition
https://www.zerohedge.com/news/2018-07-05/why-tesla-executives-are-fleeing
Tesla is in deep deep trouble. Elon Musk reportedly demanded that Tesla stop testing brakes on June 26. Doug Field, chief engineer, resigned on June 27.
That Tesla is a scam is no surprise to anons, but something just hit me. What if EM ends up with criminal charges and goes to jail for this? WHAT HAPPENS TO SPACEX?
It's not a publicly traded company but I don't know the ownership structure. If EM personalty owns it, theoretically the US military might be able to seize control as it's a critical national asset.
#1426805 at 2018-05-16 03:19:11 (UTC+1)
Q Research General #1790: The Get Comfefe, Lads...Pain's a'comin' Edition
Tesla Inc. TSLA -2.67% will restructure and flatten its management, Chief Executive Elon Musk told employees Monday, as the Silicon Valley auto maker struggles to boost production of its Model 3 sedan amid an exodus of top leaders
Mr. Musk made the announcement following news that his engineering chief, Doug Field, was taking a leave of absence, and that senior executive Matthew Schwall was leaving the company for Alphabet Inc.'s GOOGL -1.96% driverless car division Waymo…..
https
://www.wsj.com/articles/tesla-ceo-musk-says-company-is-flattening-management-structure-inreorganization-1526308678?ru=yahoo?mod=yahoo_itp&yptr=yahoo
#1406324 at 2018-05-14 14:21:43 (UTC+1)
Q Research General #1763: Good Morning World
>>1406264
7 high level recent resignations from TESLA:
1) Doug Field, senior vice president of engineering - taking time away from the company to "recharge"
2) Matthew Schwall, Tesla's primary contact with U.S. regulators, just joined the safety team at Waymo
3) Jim Keller, the head of the driver-assistance system Autopilot, left in April for Intel
4) Two of its top financial executives left in March
5) Sales chief Jon McNeill defected to Lyft in February
#1403806 at 2018-05-14 03:55:06 (UTC+1)
Q Research General #1760: Nothing is better than a cactus Edition
>>1403801
Schwall's departure comes just hours after Tesla's chief of engineering, Doug Field, took an extended leave of absence from Tesla to "spend time with his family", at the most critical time possible for Tesla, just as the Model 3 rollout begins in earnest.
#1386758 at 2018-05-12 19:57:07 (UTC+1)
Q Research General #1738: PEOPLE UNITED Hold the Power Edition
>>1386403
Tesla's Top Engineer Takes "Leave Of Absence" At Critical Moment
https:// www.zerohedge.com/news/2018-05-12/teslas-top-engineer-takes-leave-absence-spend-time-family-critical-moment
"A little over a month after Elon Musk confirmed on Twitter that he has taken over direct control of the division that's in charge of the production-challenged Tesla Model 3 (one day after cracking April Fools' jokes about Tesla filing for bankruptcy) replacing Doug Field, the company's chief engineer overseeing vehicle development and former Apple executive, who was "pushed aside" after Tesla missed its goal of 500 Model 3 sedans per day…
… late on Friday the WSJ reported that Tesla's top engineer is taking a leave of absence from the company "at a crucial moment when the electric-car maker is struggling to boost production of the Model 3 sedan.""
Also, baker anyone can say anything.
#2, do keep an eye out on these stupid (((jidf))) fucks. "remove this notable, baker" "report this antisemite - i mean 'muh joo shill'" "fuck you you need mental examination (a la jewish frankfurt school)"
Seriously these liddle cunts glow HARD.
>muh lawfag
Bitch pleeeeaaase.
#1381089 at 2018-05-12 05:22:25 (UTC+1)
Q Research General #1731: Kill Them With Research Edition
Tesla's head of engineering temporarily stepping down
Senior vice president and head of engineering at Tesla, Doug Field, is reportedly "taking a break" from the company citing the need to "recharge" and be with his family, Bloomberg reports. The announcement rides on the heels of CEO Elon Musk taking over responsibilities of the production department amid the "rocky ramping up of the Model 3 sedan."
Why it matters: Field's break comes at a time when the company is seeking to show investors that it can maintain recent momentum in scaling up production of the mass market Model 3 - a product that's critical to the Silicon Valley electric automaker's future.
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The big picture: The company repeatedly missed initial targets set when it rolled out the car in 2017, and now hopes to reach 5,000 per week by mid-year. Tesla is also planning new products. An electric semi-truck is supposed to begin production in 2019, and the company is also planning to produce a crossover vehicle.
The intrigue: Musk asked Field last year to lead both the engineering and production departments, he detailed in a tweet adding that "[Field] agreed that Tesla needed eng[ineering] & prod[uction] better aligned, so we don't design cars that are crazy hard to build."
https:// www.axios.com/teslas-head-of-engineering-temporarily-stepping-down-e0252084-fdee-457c-ab16-81a71aff4390.html?utm_source=sidebar