Tesla (TSLA) Outgoing Accounting Chief was a 'Misfit', Not Cut Out for Startup Culture - Global Equities' Chowdhry
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Rating Summary:
29 Buy, 26 Hold, 16 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 6 | Down: 5 | New: 3
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Global Equities Research analyst Trip Chowdhry weighed in on Tesla (NASDAQ: TSLA) after Chief Accounting Officer, Dave Morton, left the company after less than a month. Chowdhry called Morton a "misfit"," who was used to lazy work at Seagate and not cut out for the fast-paced start-up culture at Tesla.
commented:
- Dave Morton has been in Seagate for more than 22 years
- Seagate is considered to be the most laid back and lazy company in Silicon Valley
- ...Working for Seagate is just like working for the most laid back Fed Government department...
- ...which 9 to 5 job, with a 2 plus hours of lunch time, and includes a siesta too
- This poor chap - Dave Morton, may be for the first time in 22 years had to do some real work...
- TSLA is high-paced, high-energy, exponentially demanding, aggressive startup company
- ...which is completely orthogonal to Seagate, where being lazy is common
- Dave Morton was a complete misfit, who could not handle the startup culture of TSLA
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