Live data from Hacker News

Tesla to Cut 10% of Jobs

cnbc.com

581–590 of 613 posts

Re: Tesla to Cut 10% of Jobs

#581

Earlier quoted context omitted.

Smart right? Should be enough time to evaluate whom to keep and not offending anyone directly by stating economic issues

Well, except for the part where there are news articles with him talking about doing a layoff because the economy is super bad. But maybe Tesla’s workers have drank the “all journalism is clickbait” kool-aid and don’t read the news. In which case this becomes smart again.

Yes that what I meant. Using it as an excuse

Re: Tesla to Cut 10% of Jobs

#582
post #548

Earlier quoted context omitted.

I don't know about Ford, but GM is pretty well positioned to eat the US electric car market by producing more affordable electric cars (like Hyundai and Kia are doing, but mostly not yet in the US market). They could well fail to do so, but if they do, it would be an own goal.

I think that's true for both Ford and GM to varying degrees. They have solid cash flow and existing factories that could be retooled, as well as the critical supplier relationships that are needed. But so far the results haven't been spectactular. Their goals for 2025 look like Tesla's goals for next year. That could change, though. Ford in particular has been making a lot of solid moves recently, and unlike GM there…

To be fair, tesla's goals is kinda a moving target. How's that auto driving and the truck coming along?

Re: Tesla to Cut 10% of Jobs

#583

Earlier quoted context omitted.

They won't because it's a meme stock. There's no way they should be the largest us auto maker. People are or have bought Tesla stock because they like Elon. There's not that much value in the company.

anyone who's not already reading Matt Levine should look up the "Elon Markets Hypothesis", which states that markets in a meme period value things depending on their closeness to Musk. It's been proven over and over! (not really)

Do love some Matt Levine

Re: Tesla to Cut 10% of Jobs

#584

Earlier quoted context omitted.

I'm hoping this was sarcasm.

Like you're in any position to chide me? It's a common South African insult, in fact I've heard classmates say it to one another in early high school for dating girls in late middle school. It's a word, people sometimes say it. There's a context. It wasn't a formal accusation. One in thousands of comments, you actually expect perfection from Musk and police? Let me tell you as someone who has pulled off exactly that…

Respectfully, what in the world are you talking about?

Re: Tesla to Cut 10% of Jobs

#585

Earlier quoted context omitted.

I don’t think Elon did public insult his workers, he said he doesn’t appreciate workers that don’t work, are they even workers at that point? It’s like if I said I hate when someone steals from me, does that mean I hate you? If so they you are probably a thief. I get you have an opinion of him and that’s fine but how nice and humble a leader is is only a minor factor. What you get when hyper focused on tiny, in my op…

This piece of yours is quite revealing. Essentially you have reduced the discussion to: 1. Musk didn't act like an asshole to his employees. 2. Even if he was an asshole to his employees, that is irrelevant. 3. Even if it was relevant, he is right about it, so it doesn't matter. 4. Even if he was wrong and an asshole, his supposed contributions are enough to forgive it. 5. In any case, _I_ would have behaved similarl…

I see the opposite actually. Are you saying all of those arguments are incorrect without disputing them? All of the “even if..” stuff doesn’t that only make a stronger case? I wouldn’t call myself a fanboy but it seems like you may definitely be a hater, but why?

Re: Tesla to Cut 10% of Jobs

#586

Earlier quoted context omitted.

This piece of yours is quite revealing. Essentially you have reduced the discussion to: 1. Musk didn't act like an asshole to his employees. 2. Even if he was an asshole to his employees, that is irrelevant. 3. Even if it was relevant, he is right about it, so it doesn't matter. 4. Even if he was wrong and an asshole, his supposed contributions are enough to forgive it. 5. In any case, _I_ would have behaved similarl…

I see the opposite actually. Are you saying all of those arguments are incorrect without disputing them? All of the “even if..” stuff doesn’t that only make a stronger case? I wouldn’t call myself a fanboy but it seems like you may definitely be a hater, but why?

> I wouldn’t call myself a fanboy...

Of course you wouldn't.

Re: Tesla to Cut 10% of Jobs

#587
post #272

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…

I know a lawyer who works exclusively in the tech space, who’s dealt with Musk companies a number of times. He said they use the slimiest tactics he’s ever seen, are constantly acting in bad faith. Would not surprise me one bit if this was an attempt to get people to quit so he could avoid paying severance.

Musk seems like that's his entire personality. Burn bridges - buy new ones....

Re: Tesla to Cut 10% of Jobs

#588

Earlier quoted context omitted.

Like you're in any position to chide me? It's a common South African insult, in fact I've heard classmates say it to one another in early high school for dating girls in late middle school. It's a word, people sometimes say it. There's a context. It wasn't a formal accusation. One in thousands of comments, you actually expect perfection from Musk and police? Let me tell you as someone who has pulled off exactly that…

Respectfully, what in the world are you talking about?

Elon Musk spoke in public. I interceded in crimes. Police fight crime.

“It is not the critic who counts, not the one who points out how the strong man stumbled or how the doer of deeds might have done them better. The credit belongs to the man who is actually in the arena, whose face is marred with sweat and dust and blood; who strives valiantly; who errs and comes short again and again; who knows the great enthusiasms, the great devotions, and spends himself in a worthy cause; who, if he wins, knows the triumph of high achievement; and who, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who know neither victory nor defeat.”

-- Theodore Roosevelt

Re: Tesla to Cut 10% of Jobs

#589
post #460

Earlier quoted context omitted.

I'm suspecting that we'll see forced return to office as a way to implement layoffs without as much bad PR. Stock will go up since costs will drop, but management will be able to say that is more an issue with return to office rather than a company failing. "We're doing great, it's just that some employees don't share our commitment and focus on doing things well, and making our mission a priority." There has been a…

But at this point everyone knows. It’s already become mainstream business news. If other companies try this, the market will absolutely know they’re lying, and additionally lack the transparency and morality to actually admit they need to do layoffs.

I'm not convinced this is a case of "soft layoffs". You'll save on severence costs, but those costs are so small compared to the cost of having no control over who decides to leave.

Re: Tesla to Cut 10% of Jobs

#590

Earlier quoted context omitted.

I see the opposite actually. Are you saying all of those arguments are incorrect without disputing them? All of the “even if..” stuff doesn’t that only make a stronger case? I wouldn’t call myself a fanboy but it seems like you may definitely be a hater, but why?

> I wouldn’t call myself a fanboy... Of course you wouldn't.

Bo, when people act like idiots I like to call it out. But you haven’t explained to me why you dislike, hate, or even it seems dislike people who like him?
Post reply on HN