Except that's just not true.
You can easily look it up.
Out of 23,350B in revenue, the total gross profit was 4.178B - carbon credits were worth 554M.
ICE makers can play as well.
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Tesla Stock
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Except that's just not true.
You can easily look it up.
Out of 23,350B in revenue, the total gross profit was 4.178B - carbon credits were worth 554M.
ICE makers can play as well.
Tesla golden years are behind it and competition is catching fast else a ModelX couldn't cost $80K (what we paid for the Y).
Also the big boys know automobile engineering in and out and the track record to back it like GM, MB etc. etc. Getting the drivetrain different is tough but doable given they have deep product lines that can feed R&D. Time will tell, if anyone bets against Elon, he is a foo and Tesla is not going to give away a decade of leadership to anyone whatsoever .
Also the big boys know automobile engineering in and out and the track record to back it like GM, MB etc. etc. Getting the drivetrain different is tough but doable given they have deep product lines that can feed R&D. Time will tell, if anyone bets against Elon, he is a foo and Tesla is not going to give away a decade of leadership to anyone whatsoever .
Unions today are a relic of an era that ended at least 50 years ago and are no longer needed. All they do is act as legal organized crime syndicates who extort undeserved pay levels and benefits for workers who think they are entitled.
Tesla hasn't been unionized yet because their worker are happy with the working conditions, pay and benefits. All unionizing Tesla would do is line the pockets of the union bosses.
Think about what caving in to the UAW demands is going to do to Ford and GM who already have a problem producing high quality cars. The contract will benefit a few thousand workers and be to the detriment to consumers. Who already are being abused economically. And of course millions of dollars worth of campaign contributions will flow to political stooges of the unions whether or not the union members support those candidates. Nice.
Tesla hasn't been unionized yet because their worker are happy with the working conditions, pay and benefits. All unionizing Tesla would do is line the pockets of the union bosses.
Think about what caving in to the UAW demands is going to do to Ford and GM who already have a problem producing high quality cars. The contract will benefit a few thousand workers and be to the detriment to consumers. Who already are being abused economically. And of course millions of dollars worth of campaign contributions will flow to political stooges of the unions whether or not the union members support those candidates. Nice.
Hey, never say never, we agree on something!
Crazy stuff...
But it will help out the non union shops, Tesla, BMW etc as they will need to keep the workers happy knowing full well what the union people get paid.
Without the threat of a union things wouldnt be as rosy.
I do agree though, the UAW does act like organized crime. Though it is legal and always will be. This last strike though really pushed the envelope is my feeling, in the way they talked and method they used.
I guess everyone who holds out for a raise is extorting for undeserved pay?
Compensation is a function of the labor market; capitalism requires labor markets.
I am pretty sure those line workers work far harder than I did in my cushy programmer job.
Just my 2 cents...
@DwightFrye
@JeffKeryk
Toyota announced an instant pay raise of 9% for USA workers based on the recent UAW settlement with the big three.
You can bet the other nonunion production facilities will do some of the same
@JeffKeryk
Toyota announced an instant pay raise of 9% for USA workers based on the recent UAW settlement with the big three.
You can bet the other nonunion production facilities will do some of the same
My understanding is Tesla Fremont pays pretty well and the benefits are good. There is thought that the UAW is courting and advising Tesla factories.
Interesting times ahead! No telling what knuckle head Elon might do; he's wack.
Fremont has over 20K workers and is the most productive auto plant in America. They are always hiring. Out of space! They are currently changing over for the Highland. Fremont supplies all the Model 3 for the USA and S/X for the world. They will also build the long delayed Roadster II.
I used to work across fwy 880 at Lam Research. I toured the factory twice when it was NUMMI.
Perhaps someone here who believes today's unions are a positive thing can enlighten the rest of us.
How do union shops produce better vehicles than non-union shops ?
How do union shops produce vehicles that are less expensive and/or a better value for the end user ?
The behavior and tactics of unions is quite different than that of the individual non union worker who us holding out for a raise.
When I worked for Tesla the typical annual raises were around 3%. If your supervisor thought you were doing a good job that is.
It didn't matter that at that time the annual cost of living increases in the city I lived in was about 6%. We were told to be happy to have a job. Now I was making a six figure salary with good benefits. But like any normal person I always thought I deserved more.
If I didn't like it I was free to seek other employment and stand on my own two legs.
How do union shops produce better vehicles than non-union shops ?
How do union shops produce vehicles that are less expensive and/or a better value for the end user ?
The behavior and tactics of unions is quite different than that of the individual non union worker who us holding out for a raise.
When I worked for Tesla the typical annual raises were around 3%. If your supervisor thought you were doing a good job that is.
It didn't matter that at that time the annual cost of living increases in the city I lived in was about 6%. We were told to be happy to have a job. Now I was making a six figure salary with good benefits. But like any normal person I always thought I deserved more.
If I didn't like it I was free to seek other employment and stand on my own two legs.
Tesla China October sales down 2.6 from previous month
China Rival BYD October sales up 5% from previous month and up 38% from same month last year. Also secured its leadership with a 22.12% gross margin
Tesla China market share fell to 9.89% in the third quarter from 12.98% in the second quarter and 9.93% a year earlier.
Source: Reuters, Nov 2nd 2023 @ 9:08AM UTC
China Rival BYD October sales up 5% from previous month and up 38% from same month last year. Also secured its leadership with a 22.12% gross margin
Tesla China market share fell to 9.89% in the third quarter from 12.98% in the second quarter and 9.93% a year earlier.
Source: Reuters, Nov 2nd 2023 @ 9:08AM UTC
TSLA is up over $20 from a few days ago. I'm rich!
GON
$150 Site Donor 2025
Just did a quick search. It seems BYD outsells TSLA by about a 10 to one margin.
That would end if the UAW gets in there!
This UAW President seems to be driven and effective. He can’t be bought and seems to be honest in his drive to increase the living standards of the UAW members.
I think with his personal agenda against Tesla it will be interesting to see if it effects the stock price, though with the insane valuation as it is, even with it down 40% there is no sanity anyway.
The next year in the non union shops will be fun to watch, union elections can be nail biters!
Toyotas move I bet caught the UAW off guard and I can almost bet the other non union shops will follow with a big raise and additional perks. Got to give Toyota credit for their quick move, Toyota had to have this planned out in order to react so fast. I’m sure it will keep the UAW out, time will tell with the others.
https://fortune.com/2023/11/02/uaw-elon-musk-tesla-union-organize-big-3-strike/
I think with his personal agenda against Tesla it will be interesting to see if it effects the stock price, though with the insane valuation as it is, even with it down 40% there is no sanity anyway.
The next year in the non union shops will be fun to watch, union elections can be nail biters!
Toyotas move I bet caught the UAW off guard and I can almost bet the other non union shops will follow with a big raise and additional perks. Got to give Toyota credit for their quick move, Toyota had to have this planned out in order to react so fast. I’m sure it will keep the UAW out, time will tell with the others.
https://fortune.com/2023/11/02/uaw-elon-musk-tesla-union-organize-big-3-strike/
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Read your own last couple of lines. You answered your own question. That's how you manage to get what you feel your worth. You have your choice of where you want to work, but at least in my line of work I don't see a single non union location for what I do making anywhere near what I make. I've worked for other places that aren't union. I don't work at those places anymore for a reason.
Isnt it funny? Exactly one month ago today anyone who purchased puts with a lot of money and depending on how far out they bought can retire now. Since the stock is down 20% in one month since this post you made.
Here's a funny thing, after yesterday's sell off because of, well we know why, Ron Baron was on CNBC trying to talk the stock back up.
It's funny when experts talk up a fledgling stock. I think it's to get the public buying so they can get out.
more so an overvalued one.
Dang! I keep telling myself to buy the dip, but I pretty much do nothing nowadays. TSLA is a roller coaster, like most tech.It's funny when experts talk up a fledgling stock. I think it's to get the public buying so they can get out.
“ChatGPT parent company OpenAI fires CEO Sam Altman”
I can’t help wonder sometimes if Musk might meet the same fate.
He presents like a loose cannon and others might be more qualified to take the reins from here. He has so many businesses that you would think the board at some point might want a dedicated CEO to Tesla only.
Stale product line, wild statements that never come true.
I think his image for the brand is now in the past and a detriment.
New YorkCNN —
Elon Musk has publicly endorsed an antisemitic conspiracy theory popular among White supremacists: that Jewish communities push “hatred against Whites.”
https://www.cnn.com/2023/11/17/business/elon-musk-reveals-his-actual-truth/index.html
—-
I can’t help wonder sometimes if Musk might meet the same fate.
He presents like a loose cannon and others might be more qualified to take the reins from here. He has so many businesses that you would think the board at some point might want a dedicated CEO to Tesla only.
Stale product line, wild statements that never come true.
I think his image for the brand is now in the past and a detriment.
New YorkCNN —
Elon Musk has publicly endorsed an antisemitic conspiracy theory popular among White supremacists: that Jewish communities push “hatred against Whites.”
https://www.cnn.com/2023/11/17/business/elon-musk-reveals-his-actual-truth/index.html
—-
Two important points:
1. The coverage of Musk's supposed anti-semitic statement reveals the bias of those so called news organizations. It's not as cut and dried as their sensationalist headlines would have you believe. Maybe some of those writers are vying for the Wm. Randolph Hearst Yellow Journalism Award.
2. Public figures, whether billionaires, politicians, ex-Presidents or celebrities should just shut up and stay off of social media platforms. Nothing good ever comes from it.
1. The coverage of Musk's supposed anti-semitic statement reveals the bias of those so called news organizations. It's not as cut and dried as their sensationalist headlines would have you believe. Maybe some of those writers are vying for the Wm. Randolph Hearst Yellow Journalism Award.
2. Public figures, whether billionaires, politicians, ex-Presidents or celebrities should just shut up and stay off of social media platforms. Nothing good ever comes from it.
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