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

electrek.co

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

#271

Post by xxxdarrenxxx »

jonknee wrote: post #49
ttul wrote: post #7

A 9% adjustment isn’t bad against a business that is running as hot as Tesla...

Are they running hot? They're in serious financial trouble and have been unable to meet self-imposed production levels. Now they're laying off thousands of people.

What is the international financial debt of America, how many years has this been, what is the decline rate.

America is a 3rd world country?

The reason why Musk is still here might not be that dissimilar to why the US is still relevant. It's hope and trust that really keeps things alive, not money. I mean banks literally can't pay out everyone at once.

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

#272

Post by rootusrootus »

notabee wrote: post #247
dalbasal wrote: post #135

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…

I want you to run with this thought wherever it takes you: 1. Tesla is heavily shorted. 2. Tesla and SpaceX are disrupting heavily entrenched industries (and we could argue a lot about how much or how effectively, but let's not). 3. It's become apparently easy to mobilize armies of artificial opinion on the internet, who in turn mobilize real people due to groupthink and the human love for picking sides and shouting…

The interesting thing is ... I have had similar thoughts but exactly the other way around. Sometimes the fanboyism is so strong I figure it must be subsidized.

I feel ambivalent myself, I have no vested interest in Tesla succeeding or failing. Objectively, the numbers paint a pretty sober picture of their future and I wouldn't consider investing any of my money there. But ... I think it would be cool if they succeeded. I've never been particularly interested in any electric car, Tesla or not, but anybody willing to push the technology forward is appreciated.

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

#273

Post by [deleted] »

Paul-ish wrote: post #263
toomuchtodo wrote: post #53

Earlier quoted context omitted.

As a Tesla investor, I'm very curious what the conversion rate is of Home Depot/Big Box customers vs Tesla stores. My guess would be it's much higher in Tesla stores. No one likes being bothered at Home Depot by sales staff when they've just popped in for a part.

Maybe this would go too far into the "uncanny valley", but why not have teleconferencing sales people? Eg have a terminal near the solar products where you can hit a button and immediately be connected to a remote sales rep. This way you can cut down the sales reps to, say 0.2 per store. And you never talk to one unless you want to either.

[deleted]

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

#275

Post by rootusrootus »

pstuart wrote: post #141
dalbasal wrote: post #135

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…

Many here likely feel that they've been subjected to too much hype.

I feel like the old criticism leveled against Steve Jobs definitely applies here -- the so-called "Reality Distortion Field." It seems extremely prevalent around Tesla. Even though IMHO Steve Jobs was far more charismatic. Musk has a rabid following that is very unwelcoming towards anything perceived as slightly critical of him or his companies.

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

#276

Post by HeyLaughingBoy »

dalbasal wrote: post #135

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…

If GM disappeared tomorrow, nothing that I care about changes

I think you'd care far more than you realize. GM is huge and it failing would have massive downstream effects.

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

#277

Post by walshemj »

djrogers wrote: post #74
walshemj wrote: post #46

Earlier quoted context omitted.

I don't know where you get that idea from its not my experience working as an M&P grade in a unionised company in the UK.

> I don't know where you get that idea from Virtually every union in the US > its not my experience working as an M&P grade in a unionised company in the UK. Yeah. Tesla isn't based in the UK, nor are the wroker in question here.

Actually worked at place with professional unions in the USA?

And I suspect the vast majority of imported H1b's would love a seniority "buggins turn" system.

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

#278

Post by rootusrootus »

RankingMember wrote: post #222
toomuchtodo wrote: post #53

Earlier quoted context omitted.

As a Tesla investor, I'm very curious what the conversion rate is of Home Depot/Big Box customers vs Tesla stores. My guess would be it's much higher in Tesla stores. No one likes being bothered at Home Depot by sales staff when they've just popped in for a part.

There's few things that turn me off faster from a store than roving third-party salespeople soliciting like that.

Agreed. An unmanned sales booth would be totally fine, but being accosted by a sales representative when I go into Home Depot to pick up some supplies for a weekend project is extremely off-putting. To the point where I might go out of my way to avoid that company when I am in the market to buy.

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

#279

Post by StillBored »

hamandcheese wrote: post #226
StillBored wrote: post #158

Earlier quoted context omitted.

The powerwall is next to the AC/insulation guy that seems like he is there about 50% of the time. He hooks people with "free home efficiency audits". I've seen a tesla rep there with lower frequency, but I'm having a hard time understanding how many they actually sell, because frankly where I live the only use case is going to be people with large enough solar installations to go off grid, as the power company doesn'…

> and the power company includes how much solar you consume in the equation This is very striking to me. Does the power company get actual readings on your solar energy consumption, or is the tiering based on estimated solar usage?

I think they are metering the solar as well...

https://austinenergy.com/wcm/connect/9c2d0f25-b56e-410a-93ee...

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

#280

Post by Washuu »

swampthinker wrote: post #225
danso wrote: post #24

Musk tweeted out the layoff email he sent: https://twitter.com/elonmusk/status/1006597562156003328

Wow, that fake crypto scheme tweet under his official tweet had me fooled for a second.

Scroll too far down that chain and porn comes up too.
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