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Tesla to Cut 10% of Jobs

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201–210 of 613 posts

Re: Tesla to Cut 10% of Jobs

#201
post #33

Everyone has a super bad feeling about the economy. I think most large companies are going to be announcing back to office then followed by layoffs.

It won't be 2007-2008 bad, but there will be a recession. First lay offs tend to be the R&D.

I think it's going to be 2001 bad best and 1939 bad worst :/

Re: Tesla to Cut 10% of Jobs

#203
post #181

Earlier quoted context omitted.

Parking space? Ride your bike or take public transport, individual cars are not the best option. Electric buses and trains and bikes (for moving people) and electric trucks (for moving goods) are really where the future is going to be.

That’s neat, but the USA has garbage public transport. Many towns just have none. I think it’s unreasonable to expect people to use a resource that just isn’t there in most cases.

Yeah Fremont California, Austin Texas. Terribly famous for being cities of hundreds of thousands and having no public transport. It'd actually be funny if you were joking.

Re: Tesla to Cut 10% of Jobs

#204

A couple of days ago somebody posted this Reddit thread: https://old.reddit.com/r/cscareerquestions/comments/v2lpdw/e... "Tesla expanded massively during Covid, as of now half of the dev team(including me) don’t have parking space or desk. It’s physically impossible for everyone to return to office. "Should I ignore the email, or should I drive to the office and sit under the stairs?" Commenters' general feeling was…

Parking space? Ride your bike or take public transport, individual cars are not the best option. Electric buses and trains and bikes (for moving people) and electric trucks (for moving goods) are really where the future is going to be.

Musk hates public transit

Re: Tesla to Cut 10% of Jobs

#205
post #61

Earlier quoted context omitted.

Yahoo is an internet company. Tesla makes cars. Even for IT workers, I guess that sometimes you need to test on the actual hardware, and the factory is where most things happen. I am not saying that working from home is impossible, or that banning it is a good thing, but you can't really compare Yahoo and Tesla.

A measurable amount of Tesla’s profit margin comes from pre-selling a $10,000 software package that does not yet exist.

I don't think that's the case; they do an accounting thing where they store the money and don't register all of it as profits until they deliver a set of benchmark features.

So some of it is recognized as profits right away because the car drives into a tree autonomously in a parking lot, or grinds the wheels against a curb when asked to self park, or when it slams on the brakes randomly when going under an overpass while the lane keeping cruise control is enabled. Each new feature allows them to claim more of that $10k as profits, but they still haven't gotten their FSD delivered out of beta so they don't get all of it.

I really like my tesla, BTW. It doesn't quite live up to the promises but it is quite lovely for everything I use it for.

Re: Tesla to Cut 10% of Jobs

#206
God, as a Tesla owner myself, this is worrying. Future quality of code and hardware is going to be affected. Musk's extra wild behavior in the past few months is not helping either. My personal experience so far has being great (had it for a few years already) but this is very disappointing tbh.

Re: Tesla to Cut 10% of Jobs

#207
post #103

Earlier quoted context omitted.

This is a "broken window" fallacy.

I think it's not the broken windows fallacy when it increases many remote workers' savings rate. That's different from the parable of paying a glazier for the window instead of a tailor for a suit, but rather having less money circulating in the economy when 20 days a month, I don't burn $5 of gasoline, eat a $2 lunch instead of a $15 lunch, and wear sweat pants instead of office clothes. That could be $3000 of spend…

Yes, but the economy is not suffering from a lack of demand right now. Quite the opposite, in fact.

Re: Tesla to Cut 10% of Jobs

#209

A couple of days ago somebody posted this Reddit thread: https://old.reddit.com/r/cscareerquestions/comments/v2lpdw/e... "Tesla expanded massively during Covid, as of now half of the dev team(including me) don’t have parking space or desk. It’s physically impossible for everyone to return to office. "Should I ignore the email, or should I drive to the office and sit under the stairs?" Commenters' general feeling was…

This reminds me of Musk's recent comments about "political attacks against him in the coming days".

It has since been learned that he had been reached by Business Insider to comment about the sexual abuse case beforehand. He already knew that an article against him was coming so he framed the narrative before it even reached the public.

I would not be surprised this was the same here. Tell everyone "Leave if you don't like it or we will fire you" when you very well know that 10% of the workforce will need to be dismissed.

This is pure speculations but would not be surprising at all. I cannot imagine that the company's management is unable to do the math on number of employees vs. number of workstations.

Re: Tesla to Cut 10% of Jobs

#210

Earlier quoted context omitted.

This is par for the course. Every time there is big news expected, Elon’s antics are elevated and a coordinated distraction by way of a tweet is posted. See the “political attacks on me” tweet as an example, which coincidentally was posted the day prior to his sexual assault allegations. The man has bought Twitter for the purposes of distracting and manipulating the public.

Or were the sexual assault allegations part of the political attacks on him? How would you tell?

You would tell by checking whether he had been asked for comment on the story before making the claims that there would be political attacks on him, which would reveal that he tweeted a few hours after he learned of the story.
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