Tesla just laid off entire new vehicle team and supercharging team

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.

Lots of smart and talented engineers will avoid wanting to work for Tesla after seeing how he handled these recent layoffs.

Unless engineers on a work visa really need a job and are desperate.

Just wait till election is over and we finally get a recession …… we’ll see how much more Elon will cut when sales dwindle even more.
 
Lots of smart and talented engineers will avoid wanting to work for Tesla after seeing how he handled these recent layoffs.

Unless engineers on a work visa really need a job and are desperate.

Just wait till election is over and we finally get a recession …… we’ll see how much more Elon will cut when sales dwindle even more.
Tesla ticked off alot of future interns this past week. They emailed a vast majority if not all and told them they cancelled the internship due to issues. Many college students have already signed on for housing, declined other opportunities and were supposed to start in two weeks. Now it's sorry. Good luck getting people actually wanting to apply for an internship with you in the future. It seems like it's just one thing after the other. There appears to be no leadership or direction any longer. You also have to wonder about that state in Mexico where Tesla promised to build its new factory. I'm sure alot of people were counting on those jobs, and are irritated that Tesla backed out.
 
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
The real hero in EV breakthrough is VW! The dieselgate came just in time.
 
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.
Also must keep in mind. The company sales are down 20%, prices and profit margins are slashed so cutting 10% of the workforce certainly makes sense.
As well as potentially selling off Tesla supercharger division to British petroleum
 
The cheating VW diesels were probably cleaner than an EV if you actually do the calculations fairly?
Possibly. But there is more to it. VW really, really tried to screw CARB. CARB was more than willing to work with them, and they kept lying, etc. Then CARB started to play nasty, and here we are, $42bln later.
 
Possibly. But there is more to it. VW really, really tried to screw CARB. CARB was more than willing to work with them, and they kept lying, etc. Then CARB started to play nasty, and here we are, $42bln later.
The cheat was discovered by researchers at West Virginia University. After reported EPA and CARB did their own testing. Once they were caught, they were caught? I never heard CARB trying to work with them at that point, and why would they. What am I missing?
 
The cheat was discovered by researchers at West Virginia University. After reported EPA and CARB did their own testing. Once they were caught, they were caught? I never heard CARB trying to work with them at that point, and why would they. What am I missing?
Graduate students discovered cheating. CARB become interested when students presented findings at the conference in San Diego. They gave students lab to do additional work. Once they were sure, then EPA got involved. However, CARB offered VW to fix problem and VW claimed it did, just for CARB to find that they wanted to screw them over. Then they asked them to clarify new discrepancies and they were lying like for 6 months until they summoned VW engineers to CA. That is when one engineer spilled the beans.
 
Graduate students discovered cheating. CARB become interested when students presented findings at the conference in San Diego. They gave students lab to do additional work. Once they were sure, then EPA got involved. However, CARB offered VW to fix problem and VW claimed it did, just for CARB to find that they wanted to screw them over. Then they asked them to clarify new discrepancies and they were lying like for 6 months until they summoned VW engineers to CA. That is when one engineer spilled the beans.
Once the West Virginia researchers had published their results, the cat was out of the bag. For VW to "work with CARB" to fix the problem at that point they would have first needed to admit to cheating. Once the software cheat was discovered, there was no way out for VW. Even if CARB was going to let them off the hook (they couldn't by California law if they wanted to) the EPA would still have been after them.

At $42B of shareholder money they got away cheap. The corporate managers broke the law and paid for their sins with shareholder dollars, not their own money.
 
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.

Musk is the world's biggest welfare queen ever.
 
Once the West Virginia researchers had published their results, the cat was out of the bag. For VW to "work with CARB" to fix the problem at that point they would have first needed to admit to cheating. Once the software cheat was discovered, there was no way out for VW. Even if CARB was going to let them off the hook (they couldn't by California law if they wanted to) the EPA would still have been after them.

At $42B of shareholder money they got away cheap. The corporate managers broke the law and paid for their sins with shareholder dollars, not their own money.
I mean, it is not like this is some secret information. It is all out there.

VW admitted cheating, then tried to do it again. It is not like they would be off the hook. But things would be different if they did not want to pull fast one on CARB.
CARB was the leading investigative agency here. EPA was there for a ride.
 
Maybe all of those interns and engineers who don't want to work for Tesla will go to work for Ford and GM. And then maybe those two companies will be able to produce viable and profitable EV's. In the not so distant past, the best and the brightest engineers all wanted to work for Tesla and Ford and GM had problems recruiting. With the expected results being their mediocre EV's.

What if after the election, instead of getting the expected recession, the economy comes roaring back with a vengeance because the incompetent and irresponsible people are out of office ? Kind of like 2017 all over. The EV subsidies will likely go away but Tesla will be able to adapt to that. And Elon won't be the target of weaponized governmental agencies because someone in power doesn't like what he tweeted. He can concentrate on doing what he does best.

We'll see in a few months.
 
Maybe all of those interns and engineers who don't want to work for Tesla will go to work for Ford and GM. And then maybe those two companies will be able to produce viable and profitable EV's. In the not so distant past, the best and the brightest engineers all wanted to work for Tesla and Ford and GM had problems recruiting. With the expected results being their mediocre EV's.

What if after the election, instead of getting the expected recession, the economy comes roaring back with a vengeance because the incompetent and irresponsible people are out of office ? Kind of like 2017 all over. The EV subsidies will likely go away but Tesla will be able to adapt to that. And Elon won't be the target of weaponized governmental agencies because someone in power doesn't like what he tweeted. He can concentrate on doing what he does best.

We'll see in a few months.
It's not that the interns don't want to work for him. Tesla cancelled their internships TWO weeks before students were set to begin working with them. Tesla hosed ALOT of people who could have been great future employees but decided last minute nope sorry putting them in a bind. If a company did that to you I'm fairly sure you wouldn't be patting them on the back. The Government isn't out to get Elon. He's promised that "Tesla is so close to fully autonomous vehicles" every year for the last 10 years there's only "A few small hurdles." This is all while Tesla engineers have repeatedly told him they aren't close to level 5. Mercedes is already level 3 certified in Las Vegas, LA, and San Francisco from my reading. Ohnand GM has already stated that they'll be cash positive on ev's by May or June 2024. This was last year.
 
Maybe all of those interns and engineers who don't want to work for Tesla will go to work for Ford and GM. And then maybe those two companies will be able to produce viable and profitable EV's. In the not so distant past, the best and the brightest engineers all wanted to work for Tesla and Ford and GM had problems recruiting. With the expected results being their mediocre EV's.

What if after the election, instead of getting the expected recession, the economy comes roaring back with a vengeance because the incompetent and irresponsible people are out of office ? Kind of like 2017 all over. The EV subsidies will likely go away but Tesla will be able to adapt to that. And Elon won't be the target of weaponized governmental agencies because someone in power doesn't like what he tweeted. He can concentrate on doing what he does best.

We'll see in a few months.
Not really what its about.

Likely lots of kids wanted to work for Tesla. Looks good on a resume. Internships are passed around usually in December or January - so if they got dumped now the only internship they will find this summer will be at Fast Food. It really sucks for them and their careers. It really makes TSLA look like Chumps. Most companies would keep the interns anyway - even if they don't need them. There paid practically nothing in the grand scheme.

I am sure many would be happy to work for Ford or GM as well. There looking for experience at that age.

Your post lacks empathy. Maybe your really Elon posting as pseudo name ? 🤔
 
A Trax is an economy vehicle and a Tesla is not. A Bolt is though. That was my point, there aren’t many compact EVs, let alone economy EVs. They’re all upmarket except for a couple of cars.
Elon is probably the person who figures it out and willing to bet on it. The only way to hide a $20k battery is in a luxury car.
 
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