51–53 of 53 posts
Bragging about unrelated topics in the first paragraph, and touting a $15M donation while sitting on $200B in cash. So magnanimous. By the way, get back to work.
Earlier quoted context omitted.
More money doesn't always make something happen faster or better. Governments are likely spending hundreds of millions to billions. Even if Apple had committed a billion dollars, would that result in better training, more personnel, more useful medication, medication where it needs to be, better tests, or more testing in the short term? I suspect the answer is no, because I think those are likely all constrained on t…
> More money doesn't always make something happen faster or better. Elon Musk tweeted "Coronavirus panic is dumb"[1]. When there were school kids stuck in a cave, he sent a team of engineers halfway round the world to try and build a submarine rescue effort. Instead of tweeting that, he could have tried to build cheap CPAP/respirators in bulk, on short notice and deliver them to hospitals. I'm not saying he should ha…
Could he have? How long would it take to retool and retrain whatever resources are needed to be able to do that and actually start producing something? What capacity would he be capable of putting out, given that his his facilities are probably configured for a much difference scale (cars and large semi-bespoke aeronautical components)? If it's a 5% increase in CPAP machines 6 months from now, how helpful is that?
What if doing so means that 20% of the workforce no longer has work to do? What if not producing their actual product and CPAP machines instead leads to enough loss in money/market they need to let some amount of their workforce go?
At some level I don't think asking Musk or Tesla/SapceX to do this is really any different than asking you to work half days for three months and donate the other half your time to helping with Coronavirus issues in some manner while living off savings to help supplement less pay. If during or at the end of that time you don't have a job anymore (either because you weren't there or general market recession), or some major problem came up that you were unprepared to address because you've been reducing your savings, was that a smart thing to do? Did it help more than it hurt? What if you have a family to support?
Musk's responsibility is to his stock holders and employees. He should do his best to make sure his company runs well and is profitable enough that he's not laying people off, or causing the stock price to drop any more than it might because the general market is in free fall, which also negatively affects many (including retirees and pension funds).
Earlier quoted context omitted.
Seems like you missed the next part where he’s talking about matching two-to-one and also everyone getting paid even when closed. That’s more than enough they are doing. Also I dislike when people comment on why so and so is only donating X amount of money.
I would never criticize how or whether an individual donated. Apple is fair game. The entire announcement is self-congratulatory PR. Yeah, it's good that they're donating some money and matching some employee donations. They could have just done that. They turned it into a PR item, fluffed it up with other self-aggrandizing anecdotes, and announced what, to them, amounts to a token gesture. I don't go around town bra…