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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

#341

Post by abdullahkhalids »

riantogo wrote: post #117

Somewhere along the way I have come to appreciate that as a society we need to optimize better for psychological, financial and physical wellbeing of people prioritized by proximity: employees, community, humanity. It will definitely slow down innovation. We might go to Mars 20yrs late, no self driving cars for 10 more yrs, walk around the city some more before electric scooter land etc. Of course it is in conflict w…

Generally I agree with you that the economic growth is all costs is not the way to go and we need to consider people and their happiness much more than we do now. However, for possible extinction scenarios like massive climate change or the inability to leave earth when that unseen asteroid rushes towards us, I think we need to work much much faster than we are working right now and unhappiness of some is an acceptable loss.

I understand though that others might have different value judgements.

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

#342

Post by rayiner »

gaius wrote: post #282
rayiner wrote: post #181

Earlier quoted context omitted.

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…

why does Tesla/SpaceX generate so much sophomoric positivity? Watching those boosters land literally gave me goosebumps. I just thought, holy shit, this guy is the real deal.

Recovering a booster for reuse, something the Space Shuttle program did literally hundreds of times? That gave you shivers? Really?

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

#343

Post by hndamien »

qaq wrote: post #176
pstuart wrote: post #141

Earlier quoted context omitted.

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

I would generally agree, but on HN? With people hyping as much Uber for hairbrush type products that will "change the world" Tesla and SpaceX hype is fairly warranted.

I really need to rent out my hairbrush on demand. Do you have a link?

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

#344

Post by hndamien »

siidooloo wrote: post #249
dalbasal wrote: post #180

Earlier quoted context omitted.

I dunno... I'm beginning to think HN sees this as hype=overhype. On failing... thats unconsciounable. Of any place, this should be the site where we don't hate on failure. Failure is a definitive property of risk. Risk is the one thing that makes Musk unique, at the scale he's acting on. He puts everything on the line for a chance at an ambitious goal. This is exactly the ethic I come to this site for.

If you’re building a web app you can fail upwards until you find success. If you’re building a car and you fail people die. Its like the difference between any random saas and Theranos.

And if you succeed in producing an exceptionally safe car, you save many lives.

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

#345

Post by qaq »

hndamien wrote: post #343
qaq wrote: post #176

Earlier quoted context omitted.

I would generally agree, but on HN? With people hyping as much Uber for hairbrush type products that will "change the world" Tesla and SpaceX hype is fairly warranted.

I really need to rent out my hairbrush on demand. Do you have a link?

Still in stealth mode but raised 10 dollars at 50 billion valuation

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

#346

Post by hndamien »

frgtpsswrdlame wrote: post #252
dalbasal wrote: post #186

Earlier quoted context omitted.

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.

You do understand why Governments subsidise things don't you?

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

#347

Post by hndamien »

JumpCrisscross wrote: post #239
nickik wrote: post #73

Earlier quoted context omitted.

They are not in financial trouble. Most people are only skeptical if they can do it without raising capital. However everybody agrees that they both have many costumers waiting and would be able to raise capital. Nobody believes that Tesla is in real real serious troupe.

> They are not in financial trouble. Most people are only skeptical if they can do it without raising capital. I agree, they are not in financial trouble. Being dependent on a near-term capital raise, however, is financially perilous. Lots of companies were waiting for the fall fundraising season when Lehman went bankrupt.

Elon said in the last meeting that this is not required.

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

#348

Post by staticautomatic »

stephengillie wrote: post #14

> It means that Tesla could let go over 3,000 employees in this round of layoffs. > The CEO also confirmed that Tesla didn’t renew its contract with Home Depot to sell its energy products at their stores. Tesla energy advisors were supposed to be at 800 Home Depots across the US earlier this year. If they had 3.5 employees per store, and a team of 200 managing the entire effort, these layoffs could be attributed enti…

https://en.m.wikipedia.org/wiki/Ressentiment

I'd bet Musk saying it was Tesla's decision not to renew the deal is a classic PR corporate power myth.

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

#349

Post by icelancer »

jacquesm wrote: post #209
icelancer wrote: post #48

Earlier quoted context omitted.

>> The problem with your standard of saying nothing is illegal till a court rules on it, is we require someone accuse another to trigger the court determination of fact. As someone who is involved in multiple IP lawsuits and one other major civil matter, this is exactly how it works. I don't claim people are doing illegal things. I am filing lawsuits against them alleging improper behavior and I let the courts do the…

But this is an online forum, not a court.

As many people find out the hard way, online forums become part of court proceedings rather easily through the miracles of discovery.

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

#350

Post by frgtpsswrdlame »

hndamien wrote: post #346
frgtpsswrdlame wrote: post #252

Earlier quoted context omitted.

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.

You do understand why Governments subsidise things don't you?

Yes - to make it much less risky for business to engage in those endeavours. That only proves my point though.
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