As Tesla Crisis Deepens, Head of Human Resources Leaves Company [Yahoo! Finance]
Tesla, Inc. (TSLA)
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Source: Yahoo! Finance
And this time it was the woman in charge of human resources, Allie Arebalo, who reported directly to CEO Elon Musk and was let go this week, according to Bloomberg 's sources The news comes after Musk slammed the automaker with two rounds of mass layoffs in a matter of a single month, reportedly affecting up to 20 percent of Tesla's global headcount. Simply put, the company is in dire straits. Investors are concerned about Tesla's " nightmare" year ahead, with sales dropping precipitously as cheaper alternatives are set to flood markets. Then there's Musk's wandering vision and questionable leadership. His bizarre political outbursts have tanked the carmaker's reputation , and investors seem unconvinced by his doubling down on "self-driving" and AI tech. Skedaddle Arebalo's departure is only the latest in a growing number of senior executives who have left the ailing company, including the VP of powertrain and energy engineering Drew Baglino , head of public policy Rohan Pa
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