SpaceX, Tesla, and SolarCity: ponzi schemes that have a little tech behind them and pull on our heartstrings.
Tesla's mass firings spread to SolarCity
21–30 of 185 posts
Re: Tesla's mass firings spread to SolarCity
#22If there was one division at Tesla that deserved lay-offs, surely it was SolarCity? I remember how everyone was talking about what a bad move Tesla made in acquiring SolarCity, because the company was a mess and unprofitable. I've also heard stories about how aggressive and pushy SolarCity's sales people were with customers, which ended-up giving the company an increasingly worse reputation.
Solar City was doing fantastic here in Las Vegas. There sales people were BY FAR the best when they came door to door.
But Warren Buffet's power company changed the laws last year and basically screwed everyone who had solar. We have completely disincentivized putting solar panels up.
Now the company doesn't do well, and no sales people come door to door from any company. If you are putting up solar in Las Vegas this year, its because you are an extreme environmentalist and willing to pay the penalty that comes with it.
Re: Tesla's mass firings spread to SolarCity
#23Has anyone else noticed a PR smear campaign against Tesla?
Re: Tesla's mass firings spread to SolarCity
#24If there was one division at Tesla that deserved lay-offs, surely it was SolarCity? I remember how everyone was talking about what a bad move Tesla made in acquiring SolarCity, because the company was a mess and unprofitable. I've also heard stories about how aggressive and pushy SolarCity's sales people were with customers, which ended-up giving the company an increasingly worse reputation.
Solar City was doing fantastic here in Las Vegas. There sales people were BY FAR the best when they came door to door. But Warren Buffet's power company changed the laws last year and basically screwed everyone who had solar. We have completely disincentivized putting solar panels up. Now the company doesn't do well, and no sales people come door to door from any company. If you are putting up solar in Las Vegas this…
How did the laws change?
Re: Tesla's mass firings spread to SolarCity
#25Has anyone else noticed a PR smear campaign against Tesla?
It can be explained by the usual press cycle. Once something becomes famous enough, they are automatically a news hook. Any surprising news about them (positive or negative) gets clicks.
Re: Tesla's mass firings spread to SolarCity
#26This doesn't really surprise me. A few years ago we had lead generation software that catered to the solar industry. We had some decent sized clients and it did really well for about 2 years. Once the tax credits started going away and the power companies started killing off their rebates, a lot of these solar companies were not able to survive. One of our larger clients who was heavily funded went bankrupt this year…
I was thinking this myself. For all of Musk's braggadocio about not needing, and even being hurt by, subsidies, Tesla, whose profits only become more negative every quarter, has had its sales decimated in the countries that ended tax breaks for electric vehicles.
With the specter of a major tax overhaul and massive spending cuts, a major recall, and still not enough strength to stand on its own, Musk has to be at least a little worried about Tesla's future and the futures of his other pet projects.
Re: Tesla's mass firings spread to SolarCity
#27Couldn't Tesla / SolarCity just said, "Hey, company didn't do well, sorry, here's 2 weeks severance"? Why do this whole "bad performance review" nonsense.
I don’t know why you got down voted. That’s what Tesla should have done if they haven’t documented any performance problems.
What they did is basically slander with real economic consequences to those fired and they should sue.
Being fired with cause impacts their ability to collect unemployment, which most these people deserve.
It also puts a bad mark on their employment history, unless they lie about how they where fired.
Re: Tesla's mass firings spread to SolarCity
#28If there was one division at Tesla that deserved lay-offs, surely it was SolarCity? I remember how everyone was talking about what a bad move Tesla made in acquiring SolarCity, because the company was a mess and unprofitable. I've also heard stories about how aggressive and pushy SolarCity's sales people were with customers, which ended-up giving the company an increasingly worse reputation.
Solar City was doing fantastic here in Las Vegas. There sales people were BY FAR the best when they came door to door. But Warren Buffet's power company changed the laws last year and basically screwed everyone who had solar. We have completely disincentivized putting solar panels up. Now the company doesn't do well, and no sales people come door to door from any company. If you are putting up solar in Las Vegas this…
That got rolled back recently:
http://www.npr.org/sections/thetwo-way/2017/06/07/531952407/...
Re: Tesla's mass firings spread to SolarCity
#29Earlier quoted context omitted.
Solar City was doing fantastic here in Las Vegas. There sales people were BY FAR the best when they came door to door. But Warren Buffet's power company changed the laws last year and basically screwed everyone who had solar. We have completely disincentivized putting solar panels up. Now the company doesn't do well, and no sales people come door to door from any company. If you are putting up solar in Las Vegas this…
How did the laws change?
https://www.reviewjournal.com/business/energy/solarcity-stop...
>>The PUC “has effectively shut down the rooftop-solar industry and taken the extraordinary step to punish over 12,000 existing solar customers, including schools, with exorbitant fees in what appears to be an attempt to protect the profits of the state’s largest utility. All three members of the PUC, who voted unanimously to change the rules, were appointed by Governor Sandoval.”
>>Rive said: “Most disturbing is the PUC’s decision to retroactively sabotage existing solar customers’ investments by changing the rules on them. The Nevada government encouraged these people to go solar with financial incentives and pro-solar policies, and now the same government is punishing them for their decision with new costs they couldn’t have foreseen. These actions are certainly unethical, unprecedented, and possibly unlawful. While the rest of the country embraces a clean energy future, Nevada is moving backwards.”
Re: Tesla's mass firings spread to SolarCity
#30Has anyone else noticed a PR smear campaign against Tesla?
The only thing resembling a campaign one may notice is the breathless praise heaped on Elon Musk by his army of fanboys whenever Tesla or SpaceX are on the receiving end of criticism from the media. It's surpassed even a Steve Jobs tier of cultism.