Live data from Hacker News

Tesla is laying off ‘about 9%’ of its workforce as it ‘restructures’ the company

electrek.co

251–260 of 396 posts

Re: Tesla is laying off ‘about 9%’ of its workforce as it ‘restructures’ the company

#251
post #133

Earlier quoted context omitted.

Have you considered moving to Europe?

This. Even if you don't cross an ocean you can still vote with your feet. You get the benefit of living somewhere with agreeable politics and the group you left gets the benefit of being "rid" of you. Everyone is happier that way. Of course people just need to have their cake and eat it too which causes problems. Sure, moving is a pain in the butt for a laundry list of reason but you have to ask yourself is it less o…

[deleted]

Re: Tesla is laying off ‘about 9%’ of its workforce as it ‘restructures’ the company

#252

Earlier quoted context omitted.

My problem has always been that he pushes these altruistic goals "green earth"/"space travel" and then executes it with the most extreme version of capitalism available. It's like an ad campaign to him.

The most extreme (or normal actually) version of capitalism is to milk anything riskless. Build moats. Lock in customers create network effects and entrench your position regardless of how good your future products will be. Musk is criticised for doing exactly the opposite. Risking shareholders money by (for example) insisting on going to mars, when there are lower risk options available.

It's not actually that risky to already be rich and then find a way to milk the government for billions of dollars in subsidies.

Re: Tesla is laying off ‘about 9%’ of its workforce as it ‘restructures’ the company

#253
post #108

I am waiting for my scheduled HR meeting along with several hundred other co workers in a few minutes. I am an outside, in-home residential solar salesperson hired by Tesla long after the Solar City aquisition. I have relied on the leads generated by the Home Depot employees. I am salaried and most likely going to get my walking papers today. It is apparent they don't see value in the proactive approach process to sa…

Let us know what happened

Re: Tesla is laying off ‘about 9%’ of its workforce as it ‘restructures’ the company

#254
post #55

Earlier quoted context omitted.

You never understood the fandom behind a company privately launching rockets and landing the boosters? Surely you jest...

But Tesla does neither of those things.

They did make electric cars sexy. What would be the state of the EV market today sans Tesla?

Re: Tesla is laying off ‘about 9%’ of its workforce as it ‘restructures’ the company

#255

Just reading the first few comments.... I really don't get the Tesla hate. Is it hacker-ish contrarianism? Have they done something? What's the deal HN, why are we cheering against the home team? Overall Musk has been pretty straightforward and explicit with what he's doing. Tesla (and spacex) set extremely ambitious goals, like none of their competitors do. They take big risks. They're not interested in reducing ris…

Interestingly, I see this from the exact opposite view. I'm surprised it's taken this long for the rubber to meet the road. Tesla sells the most electric vehicles, but it's hardly the sort of delta you describe ("extremely ambitious goals, like none of their competitors do"). Nissan and Tesla both hit the 300,000 car mark in January/February of 2018. And let's not forget the recent NTSB report, which revealed that "A…

I think you've got a lot of things wrong about Tesla. The legacy multi billion dollar use companies in the ULA have been using many russian rocket engines and have not really innovated much, other than having a good success rate. Tesla has been lucky to survive, there are many failed new car companies, and only because they have such an awesome product have they been able to attack the entire industry, sales, production, gas stations. They have tons of problems to deal with, like any big company, but their product is excellent. The thing I can't understand is the semi-religious fervor about people shorting them.

Re: Tesla is laying off ‘about 9%’ of its workforce as it ‘restructures’ the company

#256

Earlier quoted context omitted.

I guess we see things differently. Contractors are not some naturally occurring mineral, a side effect of some budget. They are companies, people. At present, they are companies comfortably using their existing operations to keep doing what they've been doing since the 70s. I think that it matters who that company is, what their future strategy is. It matters that they care about reusability, creating technology that…

So what matters is the wishful thinking, not the pioneering work SpaceX’s competitors actually accomplished? What matters is that Tesla plans to bring EVs to every household in the future, not that it’s shipped about the same number of EVs as Nissan to date? Look at your own post for why Tesla/SpaceX engender negativity. GM revolutionized the landscape of America. Douglas Aerospace helped design the most powerful roc…

I think I might have overstated things, or not given credit where due. The contractors played a big role. They have not, however, been pushing things forward. Space exploration was stagnant, imo. I also consider NASA and the Soviet program to be the primary "mover," though of course that could be argued.

On cars, no that's not what I thunk. I don't think this divides into 2018 sales volume and bullshitting hype. There is also impact on the industry, consumer perception and the active effect on the price performance of batteries. There's important proofs (to the public) of concept, that electric cars can stand on their own in every respect.

Nissan... they fulfilled a demand for low spec cars with short ranges, a relatively nonscalable source of demand too. I don't think that Nissan's sales are as relevant as Tesla's in the overall scheme of changing most cars from ice's to electric. That's not to hate on nissan. I have a nissan.

I think we understand eachother, but disagree. You think of Tesla and spacex as similar to their competition, but with lots of underserved hype. I see them as different, mostly because of risk tolerance.

I guess this is also a matter of worldview. I think we have a serious problem of too little risk & failure, and the ability (of very large companies) to avoid risk almost entirely.

SpaceX set a goal of reusable rocket or bust, fairly literally and explicitly. I don't think other contractors would have. I don't think we get to mars unless someone does.

If mars is just hype and bullshit to you, then meaningfully reduced cost per orbital kg.. I dunno thoug. I *do" believe the claim that he's after a mars service. Why else risk the house?

Re: Tesla is laying off ‘about 9%’ of its workforce as it ‘restructures’ the company

#257

Earlier quoted context omitted.

There are legitimate criticisms of Tesla that shouldn't be hand-waved away as trolling.

Few and far between. Whenever I hear this, it's always "oh, they take subsidies". The only ones I've heard that haven't been trolling are concerns about their financial reports, which are always "concerns about financial reports" with no additional information. Ok, go ahead and be concerned that the stock is inflated. It's not a real conversation. Like, for example, look at what happened last week. We were bombarded…

> Few and far between. Whenever I hear this, it's always "oh, they take subsidies". The only ones I've heard that haven't been trolling are concerns about their financial reports, which are always "concerns about financial reports" with no additional information.

I would add to that concerns about the current state of their automated driving implementation, as well as the way they are marketing it. I think a lot of those concerns are justified, and I say this as a pretty hardcore fan.

(I don't disagree with the rest of your post.)

Re: Tesla is laying off ‘about 9%’ of its workforce as it ‘restructures’ the company

#258
post #92

Earlier quoted context omitted.

His CEO pay is $37k/year.

Well, besides stock grants worth billions.

If they have a need to cut 9%, I'd think they're focused on cash flow reduction

Re: Tesla is laying off ‘about 9%’ of its workforce as it ‘restructures’ the company

#260

Earlier quoted context omitted.

I was approached by a Tesla contractor in Home Depot on a few days ago. It was honestly not a good experience. For one, I was approached cold. I too had no idea that they had this agreement, so I was looking at something when someone came up and asked me something like "what type of project are you working on?" So I naturally just described what I was doing and before realizing this was not a HD employee. He asks me…

I still can't believe retail establishments think it's a good idea to degrade the customer experience by letting third-party salespeople rove their stores. I know Home Depot et al are making money from it, but I can't imagine there are many customers coming away with positive feelings from these come-ons.

Even first-party roving salespeople can be a big turn-off.

I've found that my local Walmart is often cheaper than Amazon, but I've been shopping at Amazon more frequently ever since I was repeatedly ambushed by people trying to get me to sign up for a Walmart Mastercard while I was wandering around the store shopping.

Post reply on HN