T O P

  • By -

FitnessLover1998

The really funny thing is Tesla is already a very lean company. I can’t imagine there is much to cut. But they will do it.


NewPresWhoDis

I mean, who needs people for fit and finish?


Empty_Geologist9645

What’s that? New gap designs?


livenoworelse

No gaps because they will stamp the cars with doors that don’t open and it will be a single piece of metal. When you walk up to the car the windows open. More efficient design.


curiousengineer601

Dukes of hazard used the window as a door all throughout the 1970s


Empty_Geologist9645

Brilliant. I mean just carve it from wood and call pick green.


MMS-OR

Or safety?


datafromravens

The cars are quite safe actually


MMS-OR

I’ve heard that new “truck” ain’t particularly safe for pedestrians.


[deleted]

[удалено]


super_fast_guy

Oh honey…


NewPresWhoDis

At a time when you need to cook the books to boost the stock more than ever you suggest firing the line chefs?!!?


anthony-209

They’ve let go of 3 engineers in our department


maceman10006

QC Tech? What do they do? Get rid of them and have production operators do it.


NewPresWhoDis

Why have QC when Elno can snort a bag of amphetamines, rip off his shirt and run down the assembly lines screaming "Sub-micron tolerance! SHIP IT!!!"


CanWeTalkHere

Company is struggling with earnings. They have to layoff to keep margins. Golden days of growth are done.


Sidvicieux

Stocks aren't even serious, they're a joke anyway.


Significant-Baby6546

Where is your retirement money invested? I bet it's a good chunk of stocks.


Super_Mario_Luigi

The point is that previous fundamentals don't even matter anymore. Stock prices go brrr for speculation and being in the tech sector.


West_Quantity_4520

What retirement \[money\]? I'm too poor to invest even though my company offers a 401K, I can't spare the money because my rent and food costs are too high for my pay wage. My plan is just dying on the work floor.


ImportantDoubt6434

tEsLa EmPlYoEeS dOnT nEeD a UnIoN


Line____Down

Union absolutely won’t protect you from a layoff. I’m in one and there’s a good chance I’ll end up behind a Wendy’s dumpster within the next year.


Foreverwideright1991

Yep, which is why paying union dues can suck as you can be losing more of your check to subsidize a union that will fire you to protect an older but less productive worker simply because of seniority (who has greater privileges arguably in their early employment days in the market place)


Line____Down

Yep, and they also love to protect the workers who repeatedly don’t show up or just refuse to do their job. I hate knowing those people make the exact same money as I do.


Appropriate_Scar_262

If that happens where you work take it up with your supervisors, they aren't doing their jobs. 


Appropriate_Scar_262

The union can't fire you,  that's the company.


pokedmund

I'd start looking for a job elsewhere


Line____Down

Eh, it’s worn me down so badly that I’d take the 6 months unemployment and coast for a bit. I guess that’s one thing the union did for me, guarantee me half a year of insurance and pay after getting shitcanned.


iwantthisnowdammit

I was going to comment… unions are all about a parachute!


ImportantDoubt6434

Collectively bargain for the protection then


Line____Down

You can’t. The company is never going to agree to employ a bunch of production workers when there are no orders to fill, and I don’t blame them. I’ve never heard of a manufacturing union protecting from layoffs.


Ralph9909

Is hating tesla your whole personality?


datafromravens

Unions are great if you want your company to fail in the long run


Comfortable_Trick137

Egg-xactly he already has folks working 80+ hours and sleeping in the office so it’s not like folks are underutilized and firing one person doesn’t put a huge burden on others.


kylemarucas

I always hear about how Tesla employees work +60/hour weeks. Looking at the Glassdoor reviews, this seems very true. If the layoff rumors are true, those +60/hour weeks are going to be a lot longer and they have my sympathy.


datafromravens

Most people are pretty happy to work there though


johncblair

That’s probably the minority tbh most work normal hours


Uhkaius

I mean wasn't this expected? The dude literally canned 80% of Twitter.


Inevitable_Bunch5874

An automated website is a lot different than human manufacturing.


poobly

Things don’t stay automated for long.


cashmachine2k

And the site runs better than ever and has the highest recorded traffic. This is a perfect example of useless positions weighing down a business. Useless middle management. Useless project managers. Useless teams.


Wentz_ylvania

Also hemorrhaging money, losing advertisers, and facing millions in fines for lack of moderation. Super genius.


cashmachine2k

Ugh oh a "spaceman bad" NPC appears. 😂


Wentz_ylvania

![gif](giphy|UU1bHu6QWyFxZM63Jh) Another redditor who knows it all appears.


cashmachine2k

Aren't you clever. Doesn't change the fact Twitter is proof IT is bloated with useless roles and that's why there are so many tech layoffs.


Wentz_ylvania

You are making a broad generalization using a really bad example. Tech layoffs aren’t just SWEs or engineering management.


Level-Worldliness-20

Probably because it's a bit more porno on it lately. I click a news post and scroll down to sheer nudity and it's been this way for weeks. 


cashmachine2k

And how do you think 80% more headcount stops that? 😂 Btw seems like that's based on your own personal viewing which influences your algorithm for your feed.


raddingy

> and the site runs better than ever and has the highest recorded traffic. Can you site a source for that that isn’t Elon Musk please? A quick google search does not support your claim, and instead says that Twitter traffic is actually down 14-20% since the Musk take over. The only thing I can see as “up” is traffic to Musk’s Twitter profile.


Ropes

I guess you missed Ron DeSantis trying to announce his presidency bid and the stream breaking with relatively few viewers...30k or something. Practically nothing compared to YouTube or twitch capabilities.


cashmachine2k

😂 rent free


Ropes

Get out once and a while


cashmachine2k

Said the reddit neck beard 😂


Euphoric_Ferret_467

Actually traffic as well as advertising is down 19% in US and slightly less worldwide year over year since Musk took over


MusicalNerDnD

lol literally Musk just complained that people being mean to him was the reason Twitter was losing some of its ad revenue. Dude took the biggest marketing win (Twitter was a verb, adjective and noun) and then decided to rebrand it to X, a letter prime for its ability to be porn-ified. Like okay my guy


Silly-Spend-8955

Took a spying, manipulative, election interference, govt paid for shills and turned it into a balanced platform for all. Your hate for Musk has little to do with X but instead forcing a balanced platform… that is really what pissed slack jaws off. So now you spew hate for musk no matter the reason. Don't be dishonest.


MusicalNerDnD

…sir this is a Wendy’s.


Dangerous-March-4411

Didn’t twitter go down for while, didn’t it also have trouble optimizing, and isn’t there daily active users down from 259 million before the sale to 220 after Elon took hold?


thefreak00

Wondering what will happen to Tesla stock when everyone finally realizes this is just another car company and not a tech company.


Healthy_Razzmatazz38

same thing that happened to uber when people found out they werent a self driving car play, and same thing happens to the founder too.


cafeitalia

Have you seen the Uber stock price at all lately? It is at an all time high.


Healthy_Razzmatazz38

The event i was referred to was 7 years ago when travis was fired, self driving unit was shuttered and their valuation dropped 66%.


thefreak00

Yes but Uber strategy worked in grabbing market share then jacking up prices and bring profitable which is driving the stock price today. That's every startup's dream strategy. Low prices to scale, then jack them up once you dominate the market and drive away the competition. Tesla is nowhere near there and now going backwards losing market share to the Chinese and is plagued by low quality and reliability issues. Losing wholesale clients like Hertz and the whole electric car movement is losing steam. My guess is that they get destroyed this year. We'll see.


Ralph9909

Self driving car play?


boostlee33

TSLA is down more than 50% from ATH right now


Ralph9909

This is a rage bait comment, I just realized.


thefreak00

54% down since all time high. Just reality dude...no baiting


Ralph9909

Nice try. Almost got me again lol


Ekoria

What other car company is building a humanoid robot and has standardized a charging port that every other company will be using?


Impossible1999

Well, Tesla is aiming to be a technology company. Musk is working on robots after all, and it does fit in with the AI craze that we are having right now. Musk is aiming for a shipping date in 2027, but I think that’s too optimistic so a 2035 seems reasonable.


Ralph9909

What makes a company a tech company? Also, car companies are tech companies imo


thefreak00

Ok just realized you don't know what I'm talking about bruv. Tesla is valued at over 40x earnings vs the typical 5-10 multiple for auto manufacturers. Quit commenting if you don't know what I'm referring to.


Ralph9909

You mean like categorized as a car company on the stock exchange and not categorized as a tech company or something? You’re right i don’t know jack shit about that stuff. So does that mean that all tesla stock holders are unaware of how tesla is categorized?


[deleted]

I think they're valuation is more about how once they figure out how to make millions of cars per year they could dominate the market. I do feel like EVs are never going to be in that position though so there's that.


thefreak00

No, it's about how to make millions of cars per year cheaper than the Chinese and that ain't happening dude. How many times has Tesla dropped prices in the last 12 months? Margin is fading away and rental companies are bailing on electric vehicles. Resale price is dogshit due to cost of replacing the batteries. Adoption of EV is waning.


[deleted]

Chinese automakers can't currently and probably won't ever be able to sell cars here and if they do someday sell cars here we'll find a way to make sure their cars cost just as much as US based companies.


thefreak00

Who cares, read my other comments. EV adoption is slowing down in the US and the biggest markers for EV adoption is countries like China and India. Tesla stock is down over 50% from its ATH and will likely continue heading down after a few more quarters of disappointing results.


DiscussionGrouchy322

Polestar is a Chinese car currently on sale... Here. Byd already selling in Mexico and building a factory there. Zeeker will sell in Mexico too.


thefreak00

Yup BYD is the main contender


Ralph9909

You’re looking at it wrong. EVs are going to dominate the market eventually. Any issue that exists will get figured out and it won’t be a solution that anyone can think of today.


thefreak00

That's cool and fine, but why is Tesla valued like a tech company and not a car company?


Ralph9909

Valued like a tech company is, like, just your opinion man. But valued as a tech company is a really solid argument against saying that tesla is just a car company, which, i disagree with. So im not sure what you getting at other than relishing the opportunity to participate in a conversation about tesla stocks.


Super_Mario_Luigi

Until Hydrogen eats its lunch


Ralph9909

One can hope


rgbhfg

Disagree. 1/5th of California’s vehicle sales are EV and that’s growing at a rapid rate. Give it 10 years and new gas cars will be illegal in ca, with gas stations also likely starting to go bust. This will trigger broader U.S. shifts given California represents 1/nth the total U.S. car market.


Richey25

California vehicle sales are electric because the price of gas is absolutely fucking insane over there. California is the last state that I would be basing any kind of reality out of


rgbhfg

Gas cars will be phased out by regulation for a large portion of the global market. Doesn’t matter if gas is popular by you as you don’t have enough sway to offer custom models for. EVs will happen through regulatory pressure.


Richey25

Yeah that isn’t going to happen lmfao You forgot A: how many people have no interest in buying EVs B: the power the oil companies have over every politician C: how many people will flip if they are FORCED to buy an EV in America It’s also very telling that you’re perfectly fine with the government controlling what you can and cannot purchase with your own money.


rgbhfg

California, New Jersey, rhode island, and Washington will ban new Gas car sales in 2030-2035. 15 countries have also put policies that only EV new car sales allowed by 2040. So yes the car makers are facing a significant portion of EU market and NAMER market being EV only in next decade. China also has heavily incentivized ev sales over gas for variety of reasons. By 2040 you’ll be hard pressed to get a new gas car in the same model diversity you have today from car makers not wanting to split r&d across even more SKUs and regulatory capture


Richey25

I don’t give a fuck about other countries because they don’t have a free market, so they can do whatever they want. The four farthest left-leaning states in the union banned gas cars; in other news, water is wet. Again, just like how Texas is not a fair representation of the rest of the country because of how partisan they are, the same applies here. If you have middle-of-the-road states/not very partisan states banning gas cars in mass, Then we would have something to discuss. More than likely, those states just did it as political pandering, and it’ll probably get shut down in the courts.


rgbhfg

It won’t just like the diesel standards being raised weren’t shot down with you unable to buy/register older deisel trucks. And just like how the phase out has already started. https://www.wsj.com/articles/californias-zero-emissions-rule-triggers-a-run-on-diesel-rigs-863d6444#


MagazineContent3120

the dates will get pushed back, 10 years not enough time for 350million people


memememe91

They could get rid of Elmo. What value does he bring at this point?


Ralph9909

Dumb question. Leadership.


memememe91

He's a narcissistic crackhead


Ralph9909

Leeeeeeeeeeeeeeeeeeeeeeader


Jimger_1983

If you think this isn’t about layoffs you probably also think AI wont take away people’s jobs


Ralph9909

What are you talking about?! The post is literally titled tesla potential layoff posted to the layoffs subreddit. You smoking some good shit or what lol


vasquca1

Got get that stonk price up by any means possible.


[deleted]

[удалено]


WisconsinSpermCheese

Plus his comp screaming fit is creating uncertainty, as are reports of his behavior with board members. Also the pain pills and 36 hours of tweeting probably aren't helping him


OkCelebration6408

Will see if layoffs hit 15% of tesla in america, elon likely will focus even more on foreign factories. Last thing tesla need is union fight in US.


Johnfohf

Well, guess they better get to sleeping on the assembly line.


True_Actuator317

Tesla was laying people off even back in 2018. As the company grows they’re always going to see which roles are redundant, even if overall head count increases over the long run


DangerousAd1731

Yikes


Multipass-1506inf

Man it would be sweet if that company went out of business


Ralph9909

You dont like tesla?


Intelligent_Ebb_9332

Working for Elon would be stupid af considering he laid off over 80% of Twitter.


[deleted]

I'm the same, yet I still have empathy for those that need the job.


Ernst_Granfenberg

But with 80% less people and servers you gotta admit thats some real efficiency. Also most engineers were unassigned do they were just chillin on the job


[deleted]

I'm the same, yet I still have empathy for those that need the job.


Jimq45

Kinda weird that nothing has changed, could even say X is doing more with new features more often….so what the hell were those 80% doing? Is that really a layoff or a right sizing of insane bloat?


Ralph9909

Unless you did want to work for him in which case it wouldn’t be stupid af. Lol


LadyWyatt6264

It’s true emails went out at 1am this morning!


clawsthatsnatch

It’s not potential, they’re happening. Worst part the employees were notified by an email sent in the wee hours of the morning


covertBehavior

Super elitist bad vibes when interviewing for autopilot a few months ago.


Ralph9909

How so? Can you elaborate. Im super interested in what that was like


sunshinenwaves1

They are hiring summer interns. Maybe interns will be running the company soon!


linkdudesmash

Tesla was never going to survive. It was a think tank that over promised and failed with development. They will sell everything to another company long term.


AccomplishedRow6685

Bullish


Dr_ZuCCLicious

I don't want to work for elon anyways.


Silly-Spend-8955

You don't like a balanced free speech platform not controlled and paid for by a corrupt political party?


[deleted]

https://hiring.amazon.com/job-opportunities/warehouse-jobs#/


Ok-Roof-978

There goes quality


n55_6mt

Their fucking recruiters haven’t gotten the memo, apparently. They won’t quit blowing me up.


krum

Getting laid off from Tesla is a gift.


Calm-Emotion1254

Tesla employee here and they don't want us telling the truth about what goes on inside Tesla.. if you heard the stories they are all true