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Musk to review all of Tesla's expenses in new cost cutting plan

reuters.com

241–248 of 248 posts

Re: Musk to review all of Tesla's expenses in new cost cutting plan

#241

Earlier quoted context omitted.

> This resulted in engineers that would purchase their own equipment and bringing it to work to use because they couldn't wait a month for a $200 piece of equipment. That's a mistake. You should never pay other people's costs. If the company wants to put itself in a position where work is delayed by a month for the sake of $200 then that is the company's cost to pay.

If $200 is the difference between being blamed for a late release, and being praised for doing a good job, I'll pay the $200.. and work to make that cash up in spades by negotiating it back from the company in the form of pay and position increases. You're correct that the company should pay, but not everyone is willing to martyr their career over petty cash. Choose your battles, as they say.

> I'll pay the $200.. and work to make that cash up in spades by negotiating it back from the company in the form of pay and position increases.

By paying the $200 you've already lost the negotiation. The work you should have done is to demand the resources to do the job the company claims it wants done.

Re: Musk to review all of Tesla's expenses in new cost cutting plan

#242

Earlier quoted context omitted.

> This resulted in engineers that would purchase their own equipment and bringing it to work to use because they couldn't wait a month for a $200 piece of equipment. That's a mistake. You should never pay other people's costs. If the company wants to put itself in a position where work is delayed by a month for the sake of $200 then that is the company's cost to pay.

We once built a CPU farm using own parts. It was stupid but you have to get the job done. Unfortunately this meant that we later had to fight management really hard to pay for cloud services. We lost that battle.

> but you have to get the job done.

No, you don't. If the company won't fund the job then it doesn't get done.

Re: Musk to review all of Tesla's expenses in new cost cutting plan

#243

Suppose you buy a Tesla and in 10 months they fold. Who then maintains the proprietary software that keeps the vehicle running?

Are there historical examples of this happening in other companies? It's scary to think the answer to ops question is not immediately obvious.

There are many auto manufacturers that have left various markets or folded at various points in time. Most major recent one I can think of off the top of my head that isn't mentioned in another comment is Suzuki leaving the North American market in 2012 (USA) / 2014 (Canada).

Re: Musk to review all of Tesla's expenses in new cost cutting plan

#244
post #49

Am I right to assume that if Tesla files for bankruptcy protection, all car deposits basically vanish? I assume there's miles of higher priority creditors lined up than consumers who paid a deposit. Do we have any sense of how many outstanding deposits there are still?

No. Bankruptcy isn't debt forgiveness. Buyers and the lawyers representing the class action suit would have a seat at the hearing and would be able to get in line for whatever is left. That said: come on, people, Tesla isn't filing for bankruptcy. There are hundreds to thousands of perfectly normal financing options available to run a company with revenues like this that will stretch a cash shortfall into a decades-l…

> Large corporations just don't die like this.

MG Rover Group collapsed pretty spectacularly.

Re: Musk to review all of Tesla's expenses in new cost cutting plan

#245
post #235
post #209

Earlier quoted context omitted.

I was certainly in the top few people placing my reservation. High enough that if they were delivered in order of reservation, I’d have my $27,500 Model 3. They opted to maximize their revenue by delivering the expensive versions first. A Tesla won’t be my next purchase.

Elon was pretty clear that they weren’t going to fulfill in order or reservation or provide the $35k configuration at the beginning. You may have missed out on the deal of the century. Sorry to hear you are missing out on the car of the century because of it! Mind me asking what EV you would get in its place?

A 2012-2014 Toyota RAV4EV. They have a range of around 100 miles, get me in the HOV lane for the commute, and are a Tesla under the covers.

Re: Musk to review all of Tesla's expenses in new cost cutting plan

#247
post #72

Traditional car companies must be damn scared to have to publish this FUD. Tesla cannot be possibly dying out. Don't you see Tesla cars everywhere in the US? yes they are spending money, buying things to grow as they are so incredibly successful they cannot satisfy demand. Dying out? you make me laugh. If you spend 10M dollars buying equipment that in a year is worth 100M dollars, you are not dying out.

[deleted]

Re: Musk to review all of Tesla's expenses in new cost cutting plan

#248
post #245
post #235

Earlier quoted context omitted.

Elon was pretty clear that they weren’t going to fulfill in order or reservation or provide the $35k configuration at the beginning. You may have missed out on the deal of the century. Sorry to hear you are missing out on the car of the century because of it! Mind me asking what EV you would get in its place?

A 2012-2014 Toyota RAV4EV. They have a range of around 100 miles, get me in the HOV lane for the commute, and are a Tesla under the covers.

I need to check that out. Had no idea the RAV4EV had autopilot. I love Toyota.
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