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Jesus. It’s hard not to worry about this particular combination of events. Is there a benign explanation?
by Pharmakon 8y ago
Jesus. It’s hard not to worry about this particular combination of events. Is there a benign explanation?
- marvin 8y agoComparing it to the history of other companies, it might seem like a less likely explanation, but I'll give it a shot: Deepak Ahuja came out of retirement after the departure or Jason Wheeler, during a critical part of the company's history. Cash flow was critical during this period, so it made sense to choose a CFO who both has a long history with the company and was able to take over on short notice. Now that Ahuja returns to retirement, Tesla figures it's better to hire an insider than get someone with external experience, given how many external executives they're losing after a short time. In this scenario, the executive departures are taken at face value, namely that Tesla is such a chaotic and stressful environment that it's a bad match for many executives who thrive in other companies.
- Pharmakon 8y agoAll good points. I would reply with, “Why Zach?” Are the current and future financials so exceptional that they can afford someone with no record of performance at this level as the CFO? On the other hand, if Mr. Ahuja signs the 10-K on the way out that would allay my fears that Zach is just the guy lining up on a future chopping block.