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Forbes Daily: Elon Musk Ousts Key Tesla Executive Amid Declining Sales
- Elon Musk dismissed Omead Afshar, Tesla's vice president responsible for operations across North America and Europe, amid declining demand in 2024.
- Afshar's departure followed Tesla's declining vehicle sales globally, especially a 37% drop in Europe through May and falling brand reputation.
- Afshar led the construction of Tesla’s large Austin factory and supported the limited rollout of self-driving taxis there before his exit.
- Tesla’s first-quarter profits plunged 71% year-over-year, global deliveries dropped 13%, and Musk admitted difficulty managing companies during political involvement.
- Afshar's exit capped a wave of executive departures amid Tesla restructuring toward AI-driven self-driving technology and regulatory challenges for expansion.
85 Articles
85 Articles
Capital Gazette
Europeans angry with Musk still aren’t buying his cars as Tesla sales drop for fifth month in a row
By BERNARD CONDON NEW YORK (AP) — Europeans still aren’t buying Teslas with figures out Wednesday showing sales plunged for a fifth month in a row in May, a blow to investors who had hoped anger toward Elon Musk would have faded by now. Related Articles Big banks all pass the Federal Reserve’s stress tests, but the tests were less vigorous this year UNFI’s operations back to normal after cyberattack contained …
After setting fire to Tesla's brand, Musk scapegoats his loyal sales chief
Claiming not to use drugs or a laptop, Elon "Pedo Guy" Musk has found someone to blame for Tesla's abysmally poor performance, not himself. Head of Tesla's sales and manufacturing operations in North America and Europe, Omead Afshar, has been dismissed. — Read the rest The post After setting fire to Tesla's brand, Musk scapegoats his loyal sales chief appeared first on Boing Boing.
Elon Musk has again run out of one of his pillars in Tesla and this news cannot come at a worse time. Is this the end of the mythical brand of electric cars?
Channel News Asia
PressNewsAgencyTesla hires former Cruise executive as AI director, Electrek reports
Tesla has hired former Cruise executive, Henry Kuang, as the automaker's AI director, according to a report by news website Electrek on Thursday, as the company looks to expand robotaxi operations in the United States.Kuang was the head of autonomy at General Motors' self-driving unit, Cruise, till last year,
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