Tesla Exec Quits, Trashes Company

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"It's a company I love and that has given me so much, but has also taken its pound of flesh," Otto wrote. "Great companies are made up of equal parts great people and great products, and the latter are only possible when its people are thriving."

Otto took a stab at Musk's leadership, arguing his recent decisions to let go of entire departments have left significant scars. "The recent layoffs that are rocking the company and its morale have thrown this harmony out of balance and it's hard to see the long-game," he added. "It was time for a change.

In short, whether Tesla can survive this major impasse remains to be seen. For now, the company is still solvent — despite Musk's unpredictable management.

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