Tesla Accounting Chief, HR Head Resign on the Same Day; Stock Plunges
And their Chief People Officer, is not coming back from her leave.<p>From the outside it looks like Telsa is about going to go into a tough winter like moment.<p>They are almost losing by winning.  They are at capacity in their Fremont factory but still not making a profit.<p>They need to start designing and building out manufacturing facilities for their next car and the help bolster Model X manufacturing.<p>Stop and think for a second that Tesla is one earthquake away from no longer being a company.<p>- They are cash flow negative,<p>- they have about a year of cash runway left( optimistically)<p>You can't just collect insurance money and build a new factory like you can with a house, this is a many year project.<p>Tesla can't afford to not build cars for multiple years.<p>Forget the SEC investigation hanging over their head. From what I read, they are likely to get a large fine and a strong talking to.<p>And the most worrying thing for them is that their next car will compete head on with Mercedes, BMW, Audi, and GM.  That will be the first time they've had to compete head on with a competitor.