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Interesting how the previous 2 execs left and there was a panic sell, Reyes leaves and the stock didn't even blip.
So if Blankenship left, there'd be no concern since he's not involved in car design?Reyes handled communication - he wasn't involved with car design.
So if Blankenship left, there'd be no concern since he's not involved in car design?
Sorry, what I got from your original statement is someone not in car design left and thus it didn't matter. Which surprised me since Blankenship isn't in car design and I'd think he matters.No, that's not what I said or implied. You asked why it was a big deal before when two execs left & not a blip over Reyes. Blankenship is in a key leadership position, as you are well aware. Reyes was not key, at least that's my perception. And it appears that was the market perception. (So far.)
I would think it's because when two key employees leave about the same time it could indicate an issue with the company.
I think that is the closest analysis. Someone leaving with another job lined up just points to poaching. The other two left with less clear reasons.Another key difference is a job was waiting for Mr. Reyes prior to his departure with Tesla. He was either head hunted by Squire or at the very least accepted the job with Squire prior to leaving. AFAIK regarding the two other execs, neither had job offers waiting for them upon their departure with Tesla; one left for "personal reasons" and the other was let go due to his services not needed anymore by Tesla. Very different perceived circumstances, at least by the market, between this departure and the previous ones.
How many times have we seen Reyes on camera (other than hauling Franz away from Chimpanzee)?