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Tesla to Cut 10% of Jobs

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Re: Tesla to Cut 10% of Jobs

#391

Post by anarticle »

lupire wrote: post #347
hedora wrote: post #317

Earlier quoted context omitted.

Here's the covid sewage data for Silicon Valley: https://covid19.sccgov.org/dashboard-wastewater A week or so ago, it didn't look too bad. It is indeed much worse than I realized right now.

Meh. Wastewater has everything in it, but not things aren't checked for. Covid is now too broad a term that includes far less dangerous variants. You need to draw a line between Covid and colds, or else count colds like Covid.

Biochemist here: the test for wastewater is quantitative PCR, which is specific to COVID. It's not COVID and "other viruses".

Here's the protocol: https://www.cdc.gov/healthywater/surveillance/wastewater-sur...

Re: Tesla to Cut 10% of Jobs

#392

Post by UmbertoNoEco »

Tehchops wrote: post #328
Karawebnetwork wrote: post #209

Earlier quoted context omitted.

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'…

Despite the zealous beliefs of the visionary, thought-leader techbro space that Musk's every move was to drive civilization forward in some kind of libertarian, technocrat utopia, it seems very clear at this point every one of these moves was absolutely a self-serving narrative shield around incredibly typical corporate/rich-person bad behavior. Oh but who could have seen this coming except oh wait everyone. The scha…

This is of course, correct, but it is something not exclusive to Elon Musk, you just have to read the stream of accolades some of the darlings of this site receive here when they are just your run of the mill capitalists with all the usual interests and biases.

Re: Tesla to Cut 10% of Jobs

#393

Post by stocknoob »

MichaelRazum wrote: post #367
mabbo wrote: post #344

It's really starting to feel more and more like the end of 2007 and start of 2008. Stocks on a steady downward trend. Layoffs starting here and there. Growth slowing across various industries. I took a macro economics course at university that year, taught by a professor who was just about to retire after 40 years of teaching the subject. He was blunt with us: "I don't know what's going to happen, but I bet it's goin…

Thinking the same. I think the main difference is that we have inflation AND real economic constrains. Anyway what is the best way to hedge? Some say cash is king, but it is kind of counter intuitive, since inflation is high.

If you want to hedge your portfolio, do a costless collar.

Re: Tesla to Cut 10% of Jobs

#394

Post by TulliusCicero »

bnt wrote: post #240
photochemsyn wrote: post #199

Earlier quoted context omitted.

The fact that the USA hasn't invested in the necessary infrastructure doesn't change the conclusion that efficient public transport systems (see Europe, see China) have huge benefits relative to a system that relies almost entirely on individual vehicles.

Do you have any idea of the SIZE of some States and distances between HOMES, not just towns? Public transport is not feasible in some places, as are not bikes. Am I supposed to bike 30 miles for a gallon of milk? How do I bring it back?

Bikes are not feasible because of intentional urban design decisions, not because of inherent values of American geography.

Needing to travel 30 miles for a grocery store applies to only a tiny, tiny minority of Americans here.

edit: some data to back up my point: https://www.ers.usda.gov/amber-waves/2019/june/us-shoppers-a...

> When the ERS researchers looked at rural food store access, they found that the median distance to the nearest and the third-nearest food store was 3.1 miles and 6.1 miles, respectively.

6 miles is pretty far to go by bike each way, no doubt, though 3 miles isn't too bad, especially if you use an ebike, and those are steadily becoming more affordable. That would be in the range of 10-15 minutes each way.

That said, the bigger problem right now is having decent bike infrastructure to actually get there, rather than the distance.

Re: Tesla to Cut 10% of Jobs

#395

Post by ethanbond »

daenz wrote: post #380
ethanbond wrote: post #218

Earlier quoted context omitted.

Yeah, since the BI story – and in particular his attempt to frontrun it and turn his personal legal troubles into a culture war battleground – I think we can assume pretty slimy tactics from Musk.

The BI story thing is only a slimy tactic if you assume the sexual assault accusation to be true. If Elon knows its false and a tactic to paint him in a specific light, how could he be blamed for getting out in front of the narrative? Should he just let people say reputationally-damaging things about him, without intervening in any way? I think we've seen recently with the Amber Heard case that it's better to let the…

Strongly disagree. I'm completely ambivalent as to whether the accusation is true or not – I have literally no idea and probably never will. Elon didn't come out and say, "hey there are accusations coming about an issue that was settled long ago outside of court, I maintain position X."

He said, "I am switching to the Republican party, expect political hit pieces."

He has turned his legal issue into a Republican vs Democrat issue. That's slimy regardless of the veracity of the allegations.

Re: Tesla to Cut 10% of Jobs

#396

Post by scythe »

marvin wrote: post #304
JumpCrisscross wrote: post #177

Earlier quoted context omitted.

> he's been pretty chaotic in communications for years True. But he was less impulsive in his actions. The Twitter acquisition is a boondoggle. He could have just tweeted about it.

Musk was a hair's breadth away from taking the SEC "420 funding secured" case to court, and spending who knows how much political goodwill, attention and effort towards that for months or years, instead of building the world's most interesting car company. During the most critical months of Tesla's history. He was convinced he was right and unwilling to let the thing disappear in a settlement. That was in 2018, four…

>I hardly think they've made more than a token profit in the eight years since.

I want to push back on this a little: Tesla Energy's revenue was $2.79B in 2021, while SolarCity's revenue topped out at $735M in 2016 just before acquisition. SolarCity had seen 82% YoY revenue growth 2015-6, and apparently averaged 30% YoY growth for the next five years. That's not necessarily a great purchase, but it's not terrible.

>the Twitter purchase

More than anything, it was astonishingly bad timing. Few investors have ever managed to buy effectively $40B worth of tech stocks right before the whole NASDAQ collapses. But even fewer can time the market!

Re: Tesla to Cut 10% of Jobs

#397

Post by katbyte »

Victerius wrote: post #89
kochindustries wrote: post #40

Earlier quoted context omitted.

This is Tesla, office workers will soon find themselves working in a tent.

Tbh I wouldn't mind "working" out of a tent for a few weeks if the "office" was located in a natural area and the whole affair was more of a company-sponsored camping "workation" where half the day was spent doing outdoor activities.

I’m kitting out my truck with solar and batteries now that starlink has roaming and rv pricing so I can literally drive up mountains and camp by glacier lakes while working.

Re: Tesla to Cut 10% of Jobs

#398

Post by blackguardx »

kory wrote: post #276
photochemsyn wrote: post #199

Earlier quoted context omitted.

The fact that the USA hasn't invested in the necessary infrastructure doesn't change the conclusion that efficient public transport systems (see Europe, see China) have huge benefits relative to a system that relies almost entirely on individual vehicles.

I live near a rapid bus line in Seattle. One stop is a block away from my house, and the other stop is 2 blocks from the office. The traffic to the office is always awful, so a pleasant ride to the office, skipping traffic via dedicated bus lanes on the route, without needing to drive, sounds great to me in principle. I WANT to like this. I WANT to use this. But, there are several problems with it in practice. For me…

Is fare evasion related to bus safety?

On a different note, I rode Sound Transit buses to Redmond every day pre-pandemic and it was a pretty good experience. The seats were really nice and some even reclined! I think it is a bit slower than driving but I would rather sit on a bus for an extra 10 minutes reading a book than be driving in soul crushing traffic.

Re: Tesla to Cut 10% of Jobs

#399

Post by daenz »

ethanbond wrote: post #395
daenz wrote: post #380

Earlier quoted context omitted.

The BI story thing is only a slimy tactic if you assume the sexual assault accusation to be true. If Elon knows its false and a tactic to paint him in a specific light, how could he be blamed for getting out in front of the narrative? Should he just let people say reputationally-damaging things about him, without intervening in any way? I think we've seen recently with the Amber Heard case that it's better to let the…

Strongly disagree. I'm completely ambivalent as to whether the accusation is true or not – I have literally no idea and probably never will. Elon didn't come out and say, "hey there are accusations coming about an issue that was settled long ago outside of court, I maintain position X." He said, "I am switching to the Republican party, expect political hit pieces." He has turned his legal issue into a Republican vs D…

Again, in order to think it's slimy, you have to make assumptions about what is true. In the instance you just described, you still have to assume that the "hit piece" isn't because he was starting to lean more Republican. I don't think we know why the accusation re-surfaced, do we?

Re: Tesla to Cut 10% of Jobs

#400

Post by sillysaurusx »

ericmay wrote: post #365
PheonixPharts wrote: post #348

Earlier quoted context omitted.

Been through a couple of layoffs at a variety of different companies through out my career and personally managed to dodge the bullet each time (so this isn't a sour grapes type response). It is very important to recognize: who gets laid off has nothing to do with whether or not they are a "good worker". The "good worker" narrative is there to justify management's decisions and reduce survivor's guilt, but you'll see…

Yes but in this case we're talking about returning to the office, which doesn't have the exact same dynamics. In the case of the return to office dynamic, you're specifically filtering out high-quality workers who also prefer to be remote, and the results are retention of all low/medium quality workers regardless of remote/office preference, and high quality workers who don't mind or have some reason that keeps them…

As a fly on the wall, I think you both agree! Both of your points are very good and aren’t mutually exclusive at all. Quite the opposite.
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