Tesla’s (NASDAQ:TSLA) VP of Global Supply Management Ankles the Ailing EV Maker

Tesla’s (NASDAQ:TSLA) VP of Global Supply Management Ankles the Ailing EV Maker

Tesla’s (NASDAQ:TSLA) VP of Global Supply Management Ankles the Ailing EV Maker

$TSLA

Liam O’Connor is another 1 of a of Tesla execs to exit due to current DOJ (criminal) and SEC investigative climate.

Tesla (NASDAQ:TSLA) is losing yet another executive in a string of departures going back months. This time, according to a report Thursday, it is Liam O’Connor, VP of Global Supply Management.

Mr. O’Connor has been with Tesla since he left Apple in Y 2015, where he also specialized in supply management. Mr. O’Connor’s departure is one of a handful of such exits over the last few weeks. Other positions that have been recently vacated include those of chief accounting officer, head of human resources and head of communications.

Given Tesla’s troubles with investors, the SEC and the Justice Department lately, it’s not difficult to see why so many executive staff might be looking for greener pastures. The trouble stemming from CEO Elon Musk’s increasingly ‘wierd’ behavior, which includes smoking marijuana on the Joe Rogan Experience podcast video stream and accusing a rescue diver of pedophilia — which has recently resulted in a lawsuit cannot be helping much either.

While there has been some corporate restructuring in the wake of this recent turnover, including the promotion of Jerome Guillen to the newly created position of Automotive President, it is unclear how much of an effect this will have if other executive staff decide to jump ship.

The Big Q: Can Tesla turn things around as the ship cracks in two?

Tesla representatives did not immediately respond to requests for comment.

The Tesla ‘Killers’

Audi has announced its 1st production all-electric vehicle, the e-Tron midsize SUV. While we’ve seen the “e-Tron” badge for Audi’s prior plug-in hybrid offerings, not to mention a number of concepts, this full-fledged EV promises to give the Tesla Model X and Jaguar I-Pace, to say nothing of the upcoming Mercedes-Benz EQC and Porsche Taycan, a run for their money.

HeffX-LTN Analysis for TSLA: Overall Short Intermediate Long
Bearish (-0.29) Neutral (-0.01) Bearish (-0.29) Very Bearish (-0.58)

Stay tuned…

 

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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