Why Tesla’s Haters Are Getting It All Wrong

From FutureAZA.

Huge thanks to @BrighterwithHerbert for joining the discussion.
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There was a time when it seemed Tesla could do no wrong. In little more than a decade, it went from technology upstart to mass-market carmaker, invested billions in its clean energy business, and saw its value rocket. But now the company is struggling with falling car sales and intense competition from Chinese brands, as well as problems with its much-hyped Cybertruck.
https://www.bbc.com/news/business-68947020

In a memo, first reported by news website Electrek, billionaire owner Elon Musk told staff there was nothing he hated more, "but it must be done". The world’s largest vehicle-maker by market value had 140,473 employees globally as of December, according to its latest annual report.
https://www.bbc.com/news/technology-68818113

The Securities and Exchange Commission has filed suit against Elon Musk. The new suit alleges Musk violated securities law related to his purchase of Twitter shares. It’s not the first time the Tesla leader has gone toe-to-toe with the SEC.
https://www.businessinsider.com/sec-files-suit-elon-musk-securities-violation-2025-1

The Dutch pension fund ABP sold its Tesla stake over Elon Musk’s pay and the company’s working conditions, a report says. ABP disagreed with Musk’s compensation package and voted against it in June. ABP didn’t respond to a request for comment from Business Insider.
https://www.businessinsider.com/europe-pension-sold-entire-585-million-stake-in-tesla-2025-1

Some recent social media posts have alleged that Tesla hired foreign workers through the H-1B visa program to replace the recent and huge lay off of US employees. According to Snopes, in the month of April of the year 2024, Tesla laid off over 6,000 workers while simultaneously filing approximately 1,300 H-1B visa applications.
https://economictimes.indiatimes.com/news/international/us/did-tesla-fill-the-6600-workers-it-sacked-in-2024-with-1300-h-1b-visa-holders-here-are-the-facts-and-the-truth/articleshow/117215345.cms

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