![]() Nowhere has this been more visible than at Twitter, which Disruption Banking has written about before, predicting its demise. It’s no secret that Elon Musk demands the blood, sweat, and tears of his staff wherever he is chief. That means Tesla workers are likely to suffer even more exploitation and abuse than normal. If March is any indication, Tesla is in for a rough year. Then, the Washington Post dropped a devastating story with details and staff commentary about how Elon Musk undermined the safety of the company’s “full self-driving” technology by cutting costs and eliminating crucial radar sensors to rush the cars out of the road, against the protest of Tesla’s own engineers, which led to accidents, near-misses, and recalls, in addition to the suspension of the official rollout. Just this month, Tesla became the subject of an investigation by US safety regulators, as well as a potential class action lawsuit for monopoly practices, had to cut prices to stoke demand, and experienced a downgrade in its stock. Few blue-chip American companies need a union more than Tesla, and after delivering outsized results in 2022, observers expect a bumpy 2023 with the EV market in contention among various upstart competitors. ![]() ![]() Pity the workers at Tesla, especially if they are female or Black.
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