Is Tesla becoming driverless? 4 top executives depart in less than 10 days; a third of staff who directly report to Elon Musk has left

If being driverless was a automobile-based technology, things would have been different, but, for Tesla, things are very complicated as the company itself is on the verge of being 'driverless', as its top brass has reportedly resigned after difference with Elon Musk, making the layoff game adapted by Musk, even more serious.

Musk's layoff policy boomeranging?

Elon Musk's plans on laying off Tesla's employees and reducing manpower, could be turning on him, as his top four executives in the company have suddenly up and quit, posing more problems for the auto giant's management. Meanwhile, with Tesla's stock prices touching a low trend in the last week, and US investors concerned over its inflated valuation, Elon Musk immediately needs to do some major rethinking and set things right for the time being.

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Is Elon Musk too busy playing 'politics'?

There are reports suggesting that Elon Musk is much more concerned about the upcoming US elections in the country and supporting Donald Trump in it, than running his own companies, including X and Tesla. There are major rifts within Tesla, that may have led the top bosses to resign, but these are not being resolved very steadily, as per reports, as Musk is more engrossed in national politics, than running his vast business empire, feel many.

Execs fearing Trump's declining focus?

A Daily Mail report claimed that senior execs at Tesla feel that Elon Musk has apparently lost his focus, and his could be one of the major reasons why the company, which was going very strong until the last few months, has suddenly come under fire, and in a very precarious position. Will Musk be able to bounce back in the game?

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FAQs:

Is Elon Musk's Tesla in danger at the stock market?
Tesla is currently displaying a poor outcome at the US stock market, and things are no looking too good for the auto giant owned by Elon Musk, at this point.

Is Elon Musk endorsing Donald Trump?
Yes, Elon Musk, one of the biggest businessmen in the world now, is endorsing Donald Trump for being the President in the upcoming US elections 2024.