Tesla just laid off entire new vehicle team and supercharging team

JeffKeryk said:
California has two operating nuclear power reactors at one plant, three nuclear facilities at various stages of decommissioning, and multiple research reactors that are operational or undergoing decommissioning.

Across the United States, 93 nuclear reactors power tens of millions of homes and anchor local communities. Navigate national and state statistics for nuclear energy with the tabs along the top, and select your state to see how nuclear energy benefits your community.

One new reactor is nearing completion in the United StatesOne new reactor—Unit 4, with a planned net summer electricity generation capacity of about 1,117 MW—is nearing completion at the Vogtle nuclear plant in Georgia and is projected to enter service by early 2024.
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Vogtle is completely commissioned now. It's now the largest operating nuclear power plant in the United States.
 
Many large company's have large amounts of worthless employee's. And said employee's can ruin a company's name real quick when they don't do a good job, like forgetting door bolts on an airplane etc. Fully understand Tesla doing that.
 
Exhaustgases said:
Many large company's have large amounts of worthless employee's. And said employee's can ruin a company's name real quick when they don't do a good job, like forgetting door bolts on an airplane etc. Fully understand Tesla doing that.
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In Tesla's case, the one doing the most damage is at the very top.
 
ProbeGT said:
Pure BS. Against all odds, he's managed to lead Tesla to unparalleled success in the EV industry. He's done damage alright.. to the competition, short-sellers and egos of clueless do-gooders who have no idea how to run a business.
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60% of customers that Tesla lost is due to his racist comments. Maybe people don't like to support racists
 
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Owen Lucas said:
Uh, what racist comments?

A lot of people call facts and data right-wing / racist but in reality they are complaining they can't control the narrative or can't handle the truth.
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People have constitutional right to support racist. How they justify that, is another thing.
However, that comes at price. And Tesla is paying it.
 
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edyvw said:
People have constitutional right to support racist. How they justify that, is another thing.
However, that comes at price. And Tesla is paying it.
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What I'm trying to figure out is what he said that's racist. I Googled around and didn't get anything other than some people making weak connections that being anti-woke is racist. So hire someone to check a box or hire based on merit, that appears to be what's triggering some.
 
Owen Lucas said:
What I'm trying to figure out is what he said that's racist. I Googled around and didn't get anything other than some people making weak connections that being anti-woke is racist. So hire someone to check a box or hire based on merit, that appears to be what's triggering some.
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I already wrote about this.
Won’t repeat myself. Do better Googling.
 
Owen Lucas said:
What I'm trying to figure out is what he said that's racist. I Googled around and didn't get anything other than some people making weak connections that being anti-woke is racist. So hire someone to check a box or hire based on merit, that appears to be what's triggering some.
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Add AfD to your google search.
 
edyvw said:
60% of customers that Tesla lost is due to his racist comments. Maybe people don't like to support racists
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I know a few people that refuse to buy a Tesla because the crap Elon talks.

These folks are affluent and can easily afford a $100K vehicle….
 
Torrid said:
Compacts are near dead, but jam SUVs and trucks with batteries that tip the scales at 7k lbs and we’re there baby! The compact EVs are affordable compared to the average vehicle cost. That’s not what people want though. Very few are compacts. I can only think of 3 compact EVs right now and the Model 3 barely qualifies as it’s the size of a midsize from 5 years ago. They’d rather buy $50k+ larger vehicles and that seems to be the goal of all car markets now.

New vehicles are a rich person’s game now. The affordable car no longer sells because it’s becoming expensive, so the bottom line buyer buys used now and the rich buyer doesn’t consider it. It’s got to collapse eventually.
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A significant problem revolves around the incentives required to get the domestics, dealerships, and the unions on board. Must build expensive EV's in order to insure high sales prices to offset :

-Recoup anticipated reductions in profit from servicing/parts.
-Recoup capital investment for converting dealership to sell/service EV's.
-Higher profit per unit to offset development costs and increases in wages and benefits for manufacturing EV's.
 
BMWTurboDzl said:
Tesla would not survive without being able to sell carbon credits and various consumer level tax credits. They're no different than Solar. Carbon credits are a creation of the state. Don't confuse what I'm saying as whether I approve or disapprove of Tesla. I'm just giving my best interpretation of reality
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Early finances showed that Tesla wouldn't have made it without the "Carbon offset credits ". Tesla took in 1.8 Billion in carbon offset credits last year. Musk has said numerous times that he absolutely hates subsidies. Great hand the 10 plus billion dollars back that you've been handed.
 
ProbeGT said:
Pure BS. Against all odds, he's managed to lead Tesla to unparalleled success in the EV industry. He's done damage alright.. to the competition, short-sellers and egos of clueless do-gooders who have no idea how to run a business.
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He definitely deserves credit for bringing electric vehicles to the forefront.

I don’t know how you could call it unparallel success though. Tesla is now a profitable company, but it’s 15 year history. It’s only been two years that they’ve been profitable due to the manufacturing of cars and a large part of those profits have not been in the United States.

Since we talking about vehicles, Tesla’s best year in profit was only better than GM’s worst year in the last decade.

Tesla stock price has been slashed by over 50% in the last couple years and it’s not looking pretty as it is growth not only stalled but gone in reverse. The same with profit margins, the company has been forced to slash prices and margins to keep inventory moving, and that isn’t working out too well either.

It lost its lead in China and now it’s competition which just a couple years ago Musk laughed about sells 50% more EV cars than Tesla did in the last quarter.

In the United States at these EV price levels EVs have plateaued and this is with the US taxpayer giving away $7500 per vehicle to buy one!

Tesla has their work cut out for them. Their China sales in March were down 30% from last year in March. Think about that, it’s staggering meanwhile BYD is blowing the doors off with EV sales.
By the way, the economical Chinese built Volvo electric vehicle is arriving at our shores just about now if it’s not already here.

Click for data=
https://www.msn.com/en-us/autos/new...s-fell-in-april-as-rival-byd-grew/ar-BB1lYNTV

April sales in China down by the double digits too
https://stocks.apple.com/A0VP-idccR9KKPz-YNyFn-Q
 
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alarmguy said:
He definitely deserves credit for bringing electric vehicles to the forefront.

I don’t know how you could call it unparallel success though. Tesla is now a profitable company, but it’s 15 year history. It’s only been two years that they’ve been profitable due to the manufacturing of cars and a large part of those profits have not been in the United States.

Since we talking about vehicles, Tesla’s best year in profit was only better than GM’s worst year in the last decade.

Tesla stock price has been slashed by over 50% in the last couple years and it’s not looking pretty as it is growth not only stalled but gone in reverse. The same with profit margins, the company has been forced to slash prices and margins to keep inventory moving, and that isn’t working out too well either.

It’s lost its lead in China and now it’s competition which just a couple years ago Musk laughed about sells 50% more EV cars than they did in the last quarter.

It seems interesting in the United States at these price levels have plateaued regarding electric vehicles and this is with the US taxpayer giving away $7500 per vehicle to buy one!

Tesla has their work cut out for them.
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The Cybertruck was part of this issue. Engineers told Elon it was a stupid, costly and potentially marketing boondoggle that would put Tesla behind. The Muskrat threw a temper tantrum and had to have it. Well look were they are now. Musk even stated that he put TEN projects on hold just to get the Cybertruck out the door and five years late to boot. Musks behavior is atrocious, he should have been part of the layoffs.
 
97prizm said:
The Cybertruck was part of this issue. Engineers told Elon it was a stupid, costly and potentially marketing boondoggle that would put Tesla behind. The Muskrat threw a temper tantrum and had to have it. Well look were they are now. Musk even stated that he put TEN projects on hold just to get the Cybertruck out the door and five years late to boot. Musks behavior is atrocious, he should have been part of the layoffs.
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I’m in shock that Musk is still CEO.

As far as the job cuts if and this is a big if, Tesla can stop and reverse the huge decline in sales WallStreet will reward it in the sense they live to see layoffs and turn around prospects. I’ll never say never but near-term no way are they gonna turn things around without some fresh product other than almost compact four door sedans and let’s have better pricing.
Americans want SUVs of all different sizes
 
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alarmguy said:
I’m in shock that Musk is still CEO.

As far as the job cuts if and this is a big if, Tesla can stop and reverse the huge decline in sales WallStreet will reward it in the sense they live to see layoffs and turn around prospects. I’ll never say never but near-term no way are they gonna turn things around without some fresh product product other than almost compact four door sedans and better pricing.
Americans want SUVs of all different sizes
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I can't help but see tech investors viewing Tesla/Musk much in the same way they viewed Apple/Steve Jobs.
 
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