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Tesla to Cut 10% of Jobs

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Re: Tesla to Cut 10% of Jobs

#531

Post by stocknoob »

MichaelRazum wrote: post #473
stocknoob wrote: post #393

Earlier quoted context omitted.

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

Sounds interesting, how does it work?

https://www.optionsplaybook.com/option-strategies/collar-opt...

Basically, you sell a call option, and use the proceeds to buy a protective put option.

You can buy a protective put directly, but that costs money. This helps offset the cost buy selling a call. You can play with the strike prices of each to get more/less insurance depending on your risk tolerance.

For example, you might sell a call 5% above current prices (expiring in a year), buy a put for 10% below prices (expiring in a year), and pocket the difference.

Re: Tesla to Cut 10% of Jobs

#532

Post by FireBeyond »

Symmetry wrote: post #100
that_guy_iain wrote: post #36

Earlier quoted context omitted.

When people say "no space in the building to allocate a desk” they mean "No space to neatly put a desk." Companies have often shown repeatedly they can force desks into rooms when needed. Anyways, they can and will buy office space to put the desks when needed.

And am I the only person who has been in a startup going through a "two people per desk" period when growing rapidly?

Tesla, the 15 year old "startup".

Re: Tesla to Cut 10% of Jobs

#533

Post by 01100011 »

andrew_ wrote: post #470

Came here hoping for insightful thoughts about the layoffs and market conditions only to be presented with a tidalwave of hate seemingly stemming from a lot of personal dislike of the Tesla CEO. There's been a lot of chatter lately about how HN is getting more and more negative, and this appears to be evidence of valid criticism.

More and more folks are flipping on their opinion of Elon. His antics are beginning to overshadow his accomplishments.

HN comments have been going downhill for years.

Re: Tesla to Cut 10% of Jobs

#534

Post by smnrchrds »

achenatx wrote: post #277
myth_drannon wrote: post #140

Earlier quoted context omitted.

"For example, hard to imagine the Canadian real estate sector isn't going to melt down..." - Oh, how many times did I hear that, but it's wishful thinking. At best it's 20% down

bear in mind that 20% down is often times losing 100% of your capital due to leverage.

20% down means the prices go back to approximately last year's. The only people who lose money would be those who bought in the past year.

Re: Tesla to Cut 10% of Jobs

#535

Post by belter »

dharmaturtle wrote: post #530
belter wrote: post #489

Earlier quoted context omitted.

You missed the part where Elon Musk says it will take a few years before then can do a "brain memory upload". So they will be content of spending the first decade "just" fixing spine and brain injuries: https://youtu.be/cgyFL5Hzy-s?t=1116 Then Elon Musk says he will solve Schizophrenia, Depression and Morbid Obesity: https://youtu.be/cgyFL5Hzy-s?t=1137 Yes,...really what is with the skeptics? Can't the recognize a ge…

Oh god I demonstrate how the timestamped quote is incorrect and now I've attracted the attention of the Musk anti-fans. Let me be clear: Musk is human. He has positive and negative qualities. His Thailand pedo comments were, to put it bluntly, fucking retarded. His autopilot timeline was wildly optimistic. His behavior on Twitter is infantile. And yet this is not carte blanche to twist his words into something unreco…

Guy says he will provide a brain implant to upload human memories to a computer and says he CAN fix a whole range of brain and spine damage, plus diseases that are not even caused by brain injury, and you focus on the disclaimer that will not be "right away"?

Re: Tesla to Cut 10% of Jobs

#536

Post by olyjohn »

InfoSecErik wrote: post #475
kory wrote: post #276

Earlier quoted context omitted.

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…

The rapid bus lines had that reputation back when I lived there (particularly the one going down 3rd) and I rarely used it for that reason. My time on other bus lines plus the light rail were a lot more pleasant.

Oh you think it was bad then... You should see 3rd ave now.

Re: Tesla to Cut 10% of Jobs

#537

Post by l33t2328 »

infamouscow wrote: post #520
l33t2328 wrote: post #432

Earlier quoted context omitted.

Comparing people critical of Elon’s erratic behavior to Nazis is pushing things a little too far, don’t you agree?

When people find it acceptable to make ad hominem attacks of a person or group instead of arguing the point, history has shown evil rises and takes power. Elon has Asperger's syndrome. So no, it's not "pushing things a little to far" if you read up on what the Nazi's did to children diagnosed with the syndrome.

The point is that he is erratic.

We’re not arguing against some point Musk made, we’re arguing against his fit for his role, and his erratic behavior is absolutely a factor to consider, and in particular it is not an “ad hominem.”

It is absolutely pushing things a little too far to make the jump from “this person is behaving erratically” to anything resembling what the Nazis did to children with Aspergers.

It’s incredible you can legitimately think it’s comparable.

Re: Tesla to Cut 10% of Jobs

#538

Post by FireBeyond »

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…

> Two years before this, in 2016, Tesla bought the unprofitable SolarCity at a price that's truly ridiculous considering Tesla's share price today. I hardly think they've made more than a token profit in the eight years since. The thing seemed like a spur-of-the-moment decision.

It was literally to save a company his brother was heavily invested into from bankruptcy, and using Tesla to do so.

Re: Tesla to Cut 10% of Jobs

#539

Post by mbesto »

infamouscow wrote: post #520
l33t2328 wrote: post #432

Earlier quoted context omitted.

Comparing people critical of Elon’s erratic behavior to Nazis is pushing things a little too far, don’t you agree?

When people find it acceptable to make ad hominem attacks of a person or group instead of arguing the point, history has shown evil rises and takes power. Elon has Asperger's syndrome. So no, it's not "pushing things a little to far" if you read up on what the Nazi's did to children diagnosed with the syndrome.

> When people find it acceptable to make ad hominem attacks of a person or group instead of arguing the point

We were literally talking about his character - that was the argument and the point and nothing else.

Re: Tesla to Cut 10% of Jobs

#540

Post by coolspot »

4dregress wrote: post #376

I don't understand why people would want to work for this guy? To any Tesla employees, whats your take on this? I can imagine having a CEO like this must be super stressful!

Interesting work.

Robotic factories, Fool Self Driving, Machine Learning on huge real-world dataset, etc, etc.

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