Yale Prof Blames Elon Musk For ‘Catastrophic Losses’ at Tesla

Jeffrey Sonnenfeld, a dean at the Yale School of Management, has come down heavily on the flamboyant Tesla CEO Elon Musk, holding him directly responsible for the electric car maker’s first-quarter loss.

Terming the loss as “catastrophic,” Sonnenfeld exhorted Tesla’s board to hold Musk responsible. The carmaker missed Wall Street estimates by four times over to the downside.

“When is the board going to wake up?” Sonnenfeld asked.

Taking a dig at the board by alluding to Tesla’s much-touted Autopilot feature, he remarked: “You know where they are? They do understand cruise control better than anybody else. The board is on ‘cruise control.’”

If that really is the case it would not be the first board that was on autopilot. Yet Sonnenfeld has a point.

Bulletproof Your Portfolio Now!

A smart investor should be prepared for anything. That’s why David Frazier created the Bulletproof Wealth Report. This comprehensive investment service is everything you will need to survive and thrive in the looming meltdown. In other words: It’s how anyone can make their portfolio bulletproof. It’s a mix of fast-growing, leading companies that are the engine of American prosperity. To that he adds a healthy dose of “insurance policies” i.e. stocks and funds that benefit when the next recession strikes. The future favors the prepared. You can be prepared. Not only that — you can profit.
Bulletproof My Portfolio!

Cryptocurrency Will Shine Through the Coming Chaos

While the U.S. spends and spends and spends its way into oblivion, the eventual result will be inflation. Serious inflation. The dollar will crash, gold will shoot higher and Bitcoin, well, it can only become more scarce and more valuable. There’s a natural ceiling to the number of Bitcoins that will exist — ever. By design, there can only be 21 million of them. Soon, the ceiling will be hit. Now is the moment to get into cryptocurrency. There’s a been a rise of late, but prices are consolidating, setting up for the next leap higher. Grab Keene Little's widely followed cryptocurrency newsletter, Crypto Wealth Protocol completely risk free.
Yes! Send Me A Free Issue
Start Slideshow ❯

Leave a Reply