Elon Musk Taps Tesla's China Chief To Help Ramp Up Texas Gigafactory | Carscoops carscoops
Tesla initially intended to introduce its new, largeron Model Ys coming out of the factory. CEO Elon Musk referred to the project as a “money furnace,” though, and the vehicles are currently being produced with the brand’s old-fashioned battery cells instead.
The move also comes as Musk has admitted that he has “too much work.” The CEO recently made headlines by buying Twitter for $44 billion, and is also running SpaceX, The Boring Company, and Neuralink Corp., in addition to Tesla.That divided attention has been a cause for concern, and has weighed on Tesla’s stock, which helps fund Musk’s ventures. The automaker’s share prices are down about 50 percent this year.
Musk has praised Tesla’s Chinese employees, saying they burn “the 3 am oil” and accusing American workers of “trying to avoid going to work at all,” arguably shifting the blame for his own habit of promising more than can reasonably be delivered onto his employees. He famously mandated that Tesla’s workers return to the office or face termination during the pandemic, and reportedly told Twitter’s remaining employees to work long hours or leave after taking over.
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