We’ve said before that Elon Musk isn’t a crony king (other people hold that crown) but more of a crony prince. But he is a crony to be sure (no matter how much good press he gets) as many of his most famous endeavors hinge on government (taxpayer) funding. Tesla, SpaceX, and Solar City all need taxpayer money to survive. This should not be.
Don’t get me wrong. I think Musk’s home battery configuration is very interesting. But his projects should be financed through the private sector. If they are good ideas he should be able to find the money, especially at this point, and with his name. Heck, he’s got plenty of capital of his own. Taxpayers shouldn’t be on the hook.
Two top manufacturing executives are leaving Tesla Motors Inc., including the global head of production, at a time when the electric-car company is about to release its most important car: the mass-production Model 3.
Greg Reichow, Tesla’s vice president of production and one of its highest-paid executives, and Josh Ensign, vice president of manufacturing, will leave the company. A Tesla spokesperson confirmed both departures and said Reichow will remain until his replacement is found.
A person familiar with the situation who isn’t authorized to speak about the matter said the executive changes are linked to delays, glitches, and a recall that have bedeviled Tesla’s Model X.