In preparation for more growth, Musk issues a memo announcing an workforce cut of 10 percent and two top Tesla (TSLA) executives resign. Let’s cut through all the lies.
Next Phase of Growth Memo
Over the years, we have grown rapidly with multiple factories scaling around the globe. With this rapid growth there has been duplication of roles and job functions in certain areas. As we prepare the company for our next phase of growth, it is extremely important to look at every aspect of the company for cost reductions and increasing productivity.
As part of this effort, we have done a thorough review of the organization and made the difficult decision to reduce our headcount by more than 10% globally. There is nothing I hate more, but it must be done. This will enable us to be lean, innovative and hungry for the next growth phase cycle.
I would like to thank everyone who is departing Tesla for their hard work over the years. I’m deeply grateful for your many contributions to our mission and we wish you well in your future opportunities. It is very difficult to say goodbye.
For those remaining, I would like to thank you in advance for the difficult job that remains ahead. We are developing some of the most revolutionary technologies in auto, energy and artificial intelligence. As we prepare the company for the next phase of growth, your resolve will make a huge difference in getting us there.
Thanks,
Elon
The above memo posted by Electrek.
Preparing for Growth
Preparing for growth by firing working is like trying to lose weight by stocking the pantry with more potato chips.
While we don’t have an exact percentage, “more than 10%” means at least 14,000 employees will be laid off, as Tesla’s employee headcount is somewhere on the order of 140,000 total employees (Notably, Tesla’s headcount has not experienced as much “rapid growth” in recent years as it has in the past, making that line of the email ring somewhat hollow).
Top Executives Jump Ship
Quartz reported Andrew Baglino, Tesla’s senior vice president for energy engineering and powertrain, resigned on Sunday.
Rohan Patel, Tesla’s vice president of public policy and business development, announced he would leave the company in a Tweet on Monday.
Tesla Recalls Nearly All Vehicles on US Roads
In December, Reuters reported Tesla Recalls Nearly All Vehicles on US Roads Over Lack of Autopilot Safeguards.
Tesla, is recalling over 2 million vehicles in the U.S. to install new safeguards in its Autopilot advanced driver-assistance system, after a federal safety regulator cited safety concerns.
The largest-ever Tesla recall appears to cover nearly all vehicles on U.S. roads to better ensure drivers pay attention when using the system. Tesla’s recall filing said that Autopilot’s software system controls “may not be sufficient to prevent driver misuse” and could increase the risk of a crash.
Hardware and Musk’s Mouth
The recall is a software issue. However, hardware and Elon Musk’s mouth are much bigger issues.
Musk keeps hyping fully autonomous driving when Tesla is not even close. Then Musk blames “driver error” when drivers attempt to drive as Musk claims.
Tiresome Lies
Musk statements are no longer best viewed as excessive hype, but rather tiresome lies.
For four years running, Musk promised to make 50,000 electric semis. Tesla delivered a grand total of 100.
4 Million Semis on the Road, Only 35 Class 8 Truck EV Charging Stations
Let’s discuss some of the obvious flaws in Biden’s latest mandates that will require EVs to account for 60% of new urban delivery trucks and 25% of long-haul tractor sales by 2032.
On April 1, I noted 4 Million Semis on the Road, Only 35 Class 8 Truck EV Charging Stations
On January 19, 2024, Electrek reported Tesla Finally Moves Forward with Gigafactory Nevada Expansion for Tesla Semi and 4680 Cells.
However, it doesn’t look like Tesla is working on the previously announced expansion with new sections of the existing building.
The new work is being done outside of the originally planned area. It’s possible that Tesla is working on the land for a new parking lot as it will need to move the existing one if it goes through with these plans.
If Musk was serious about growth, he would be expanding the Nevada Gigafactory that is supposed to build the truck.
Musk would also be expanding the number of interstate truck chargers. Musk is doing neither.
Tesla’s Deliveries Drop for First Time Since 2020, It’s Demand Not Supply
Tesla’s (TSLA) quarterly deliveries in the first quarter of 2024, are down 8.5% from a year earlier. It’s the first quarterly decline since 2020.
On April 2, I noted Tesla’s Deliveries Drop for First Time Since 2020, It’s Demand Not Supply
Curiously, Musk blamed “production setbacks”.
Yeah right. Companies always respond to “production setbacks” by firing over 10 percent of their workforce.
Ford to “Re-Time” New EV Production, Expand Hybrid Production
On April 4, I noted Ford to “Re-Time” New EV Production, Expand Hybrid Production
Ford announces a two-year delay, “retiming” until 2027, on new EV models scheduled for 2025. In addition. Ford will focus on a full line of hybrids.
Volkswagen EV Sales Plunge 24 Percent in the First Quarter
On April 11, I reported Volkswagen EV Sales Plunge 24 Percent in the First Quarter
Electric vehicle (EV) sales fell by 24pc in the first three months of the year as high inflation and rising energy prices dampened demand. The drop-off in EV demand comes as politicians in the region rollback subsidies and reconsider ambitious targets to dump petrol and diesel cars.
Reuters Reports Tesla to Scrap $25,000 Entry EV
On April 5, I noted Reuters Reports Tesla to Scrap $25,000 Entry EV, Musk Cries Liar
The big problem for Musk is Tesla’s self-driving capability is nonexistent.
Robotaxi Hype
Musk made the above Tweet on April 5 in response to a Reuters article that claimed Tesla would abandon an entry-level EV priced at $25,000 or less and instead focus on a robotaxi.
Musk denied the rumor, then essentially confirmed it with the above Tweet.
“Full Self Driving” Beta
Musk claims to have a “Full Self Driving Beta”.
It may be a “beta” but it sure isn’t anywhere close to self-driving.
Full Self-Driving FSD
Elon Musk Vaporware
On August 8, Elon Musk will make an announcement on robotaxis.
Musk is a Serial Liar
Musk may be a genius (I think he is and I cite Tesla, SpaceX, and PayPal as proof), but he is also a serial liar, and a careless one at that.
It is amazing that on the same day as accusing Reuters of lying, that Musk announced not the Robotaxi but rather a date (August 8) that he would announce the Robotaxi.
Ever since 2016, Musk has been promising “Full Self-Driving FSD” within a year.
Electric semi production is nowhere in sight. Now, Musk is firing over 10 percent of the workforce to prepare for growth.
Tesla is Dead Last
On April 8, I commented Tesla’s Robotaxi August Launch Will Be More Elon Musk Vaporware
FSD seriously lags Waymo. For details and discussion, please click on the above link.
Give Musk credit for being a genius if you like. I think the label fits. But if you believe anything he says after all this hype you are a member of the Musk cult.
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If Musk was serious about growth, he would be expanding the Nevada Gigafactory that is supposed to build the truck.
Musk would also be expanding the number of interstate truck chargers. Musk is doing neither.
”
If Musk is serious about growth, he’ll continue doing exactly what he; and everyone else involved in growth; have been doing for the past decade or two: Make up ever more childish nonsense that stupid people enriched by Fed transfers fall for and feel “innovative” “inveeesting” in. Then, as some of the previously made up childish nonsense becomes so obviously idiotic that even the Fed-welfare-enabled retard classes can’t help but catching on: Make up a new batch of similarly childish, absolute nonsense for the idiots to fall for. Rinse and repeat….
It has worked spectacularly so far. And, as long as The Fed ensures all America’s wealth is continuously being transferred to Americas dumbest and only them; there is precious little reason to expect that track record to end anytime soon.
I think Elon got too cute with Tesla in making it so technology centric. I still stay Toyota and Hyundai will win out by the end of the decade. There is also a Dutch car company making a hybrid electric/solar vehicle. In the long run I think even if someone could create a solar car that goes 200 miles, it would make a lot of sense and do away with charging and fuel all together. Of course
Evidence of global deflation. Companies forced to reduce staff as sales deflate, because debt is too high, and demographics and the peaking of the developement s-curve in China are against growth. Price rises are not inflation. There is no inflation.
For me, there’s a whiff of Elizabeth Holmesian odor.
You mean stench.
Elon’s dad was a con artist. Just saying.
You’re a con artist. Just saying.
Yeah, Because SpaceX launches 80% of ALL tonnage to Orbit. And China the country is a distant 2nd at 10%. SpaceX also owns Starlink which owns about 60% of ALL Satellites currently in Orbit.
Tesla has the best Selling Vehicle in the Entire World. And makes The FIVE Most American Made Vehicles in the US. (% of parts both MADE and Assembled in the US.)
Tesla went from 45,000 employees in 2019 to 140,000 in 2023.
YES, they can get rid of 10% and not bat an eye in terms of having enough employees by keeping the TOP 90% after adding almost 100,000 NEW employees Globally in 5 years.
Those who have done nothing love to tear down those who have done things.
EVs always were a pipedream. Anyone with a lick of common sense can see that there is no way in reality to replace even half the vehicles on the world’s roads with EVs. The whole notion of ubiquitous EVs was a wet dream for the Climate Cult, with people like Elon, Gore, and many others using the Climate Cult scam to enrich themselves. The whole EV charade will last only a few more years, at best, and then manufacturers will be scrambling to get back to ICE.
Or more likely Hydrogen fuel cells with hybrid recharging.
Dude, stick to something you know about. China, the LARGEST Automobile Market by FAR just hit almost 50% of EVs last month. It dwarfs the size of the US market. Not only have EVs passed The Tipping Point Globally, the ICE vehicles are crashing in the largest market in the world. GM is laying off 30% of their workers in China (GM / SAIC) and it’s their ICE vehicles and workers that are getting cut. VW is cutting 10% of its Chinese workforce and it’s the ICE workers going bye bye.
How wrong of a take could you possibly have???
EV makers – Tesla included – are starting to see the impact of high interest rates, inflated MSRPs and an economy in recession. Car prices are falling because they increased 20-40% over the last few years and consumers are not seeing the value anymore. Everyone spent their covid checks.
Credit card deliquencies are up, and global trade is flaccid. Belt-tightening everywhere.
GM is letting go of 30% of their workforce in China and they’re losing jobs in the ICE Vehicles sector. China just hit almost 50% EVs last month, a new record. ICE vehicles have jumped the Shark and will continue to be replaced by EVs Globally. The same will happen in the US, it’s just 5 years behind. GM and Ford will continue to lose market share Globally.
Elon could expand easily if he’d make an ICE truck.
This. They should be making hybrids as well.
Flying lorries, that’s the answer.
Like this one. Much more realistic especially for East Coast stop and go traffic
link to edisonmotors.ca
EVs are great in Stop and go traffic. They recharge on the Stops without having to use the brake pads because of Regen Braking
They’re selling ALL of their CyberTrucks that they can make. No need to enter a dying industry.
“Elon could expand easily if he’d make an ICE truck.”
Those who can do that, do.
Besides, he’s already the one “making money” from ICE trucks. The guys competent enough to competitively build them, are having the resulting value-add taken from them by The Fed and junta; to be handed to America’s illiterate leeching classes. Who are; always reliably hence why enriching them is so singularly attractive; doing as told and “inveeesting” their newly handed loot. In whatever nonsense they are currently told to. Including Musk’s various childish hype dreams.
The “losers”, are the ones still naive enough to bother doing something productive. Doing all the work. Just to have all proceeeds stolen, and handed to the Fed’s captive retard army.
Serial liar or unscrupulous optimistic promoter?
Leaning down in preparation for a fight or a big push is not uncommon.
While you can bet against the market, don’t bet against Musk.
Musk may or may not be able to build a better EV than competitors? That is unclear. Musk has promised for many years to make a better or cheaper lithium battery, but so far it is all empty promises. Tesla batteries are very similar, or the same, as every other EV battery.
Musk cannot make G7 consumers more affluent, able to afford a vehicle with double the total cost of ownership. Building a “great” product that your customers cannot afford is pointless. Consumer debt levels and average income are outside of Musk’s influence.
Musk cannot single handed fix the US power grid, transmission lines or generation plants. His solar company failed and was bailed out (sort of) by Tesla several years ago. All EV companies are guaranteed to fail in the USA unless the power grid gets fixed; refurbishing and expanding the power grid will take decades. The national power grid is outside of Musk’s influence.
Its not a bet for or against Musk. Its a bet against magic elves fixing the power grid with money the average consumer does not have
Well said Sir.
That final point is exactly right, and what I nd others have been saying for ages… the idea that you create EVS powered by fossil-fuel electricity, increase the demand on the grid rapidly, and expect it to work, is greenwash and hogwash.
Nah Bruh,
You better get some Balderdash and whippersnappers too because more and more Battery Storage Systems are coming online every year. Residential, Commercial and Grid Storage are skyrocketing in deployment and solve a huge part of the issues that you are snickerdoodles about.
These issues have ALREADY been solved by other countries and the largest deployment of Grid Scale Battery Storage keeps getting the record broken every year.
EVs (and / or Battery Storage) can be used as Virtual Power Plants to send electricity back to the Grid during peak Usage periods. Coal usage in the Advanced Developed Countries is plummeting and dropping more and more every year. The amount of Solar and Wind continues growing and replacing Fossil Fuels in those countries.
This is just a matter of ramping up production and reducing the waste of running base load without storage.
Cheers!
Wow. Clearly you don’t know what you’re talking about. Tesla has the Best Selling Vehicle in the ENTIRE World last year. They’re ramping up the fastest selling EV Truck in the world.
His other Company SpaceX has EIGHTY PERCENT of ALL Space Launch Tonnage to Orbit and Starlink OWNS about 60% of ALL Satellites in Orbit. And that shite IS Rocket Science.
Tesla deploys many of the Largest Battery Storage Systems on the Planet and makes more BEVs than anyone else. (Just retook the lead last quarter.)
Tesla has the most effective Superchargers / Charging System Globally and is opening more on a weekly basis.
They have also built a VPP System that allows for owners of Battery Storage Systems to supply the Grid during Peak Demand and that Virtual Power Plant is already in use in several areas and growing with every new home (or commercial) battery storage system installed.
Electricity production has increased and is being more and more distributed locally and so is Battery Storage. People acting like this issue hasn’t been run into and SOLVED in other countries are just lacking knowledge of what’s already happening in other countries…or are spewing Fossil Fuels FUD. Either way, the system will keep expanding the base of Installed Battery Storage Systems, Residential, Commercial and Grid Storage.
Cheers!
“The Next Phase of Growth” is to fire 20% of the workforce.
EV’s are a niche market and Tesla’s share is severely limited by the high prices of their vehicles.
Not just him… many companies will be announcing their preparations for “the next phase of growth”, and cite “inflation” etc… there of course is no inflation, and layoffs are signals of global deflation, which is very obvious if you pay attention to China.
Don’t know much do ya?
In 2019 Tesla laid off 7% of its workforce. It had about 48,000 employees Globally.
In 2022 Tesla laid off 10% of its workforce. It had about 127,000 employees Globally.
Now laying off 10% of its workforce. It has 140,000 employees Globally.
Notice a Trend???
Every few years they cut the bottom part of their workforce and then expand into the next areas.
Musk culls the clunkers.
People who don’t perform.
A company is only as good as its employees.
That’s what he did with Twitter. Got rid of the dead wood.
I’m trying to get rid of some clunkers myself.
The difference between motivated builders and troubled apathetic’s is huge.
Clunkers as in cars, barely run, use lots of fuel, require lots of care, perform poorly and are generally ugly
One will out produce the other 30 to 1
I heard last week that the EV folks who traveled to see the eclipse had to wait in line for 4 hours to recharge due to limited availability.
But they did it “for the sake of the climate”.
Actually, they had to wait because OF the eclipse. With the sun behind the moon, there was no power for the chargers 🙂
sounds like a very dry joke.
The article on ZeroHedge concludes with comparison to BYD, which delivered 300k vehicles to 386k Teslas. Nevertheless, Tesla obviously must feels the heat. The Chinese market is big and very competitive.
BTW, in response to the video where Tesla autopilot drives through barricades, I watched a number of videos where Tesla FSD performed remarkably flawlessly.
I would like to have one regardless of ICE or BEV vehicle.
Used ones are getting cheap.
…cheap to buy, because expensive to run, and hard to re-sell…
Nope. New EVs are getting less expensive to make and that will decrease the price needed to sell them for.
That’s because New Ones are getting cheaper. They are driving down costs and prices Globally. Going to kill the ICE vehicle industry.
Hahahah, are you joking?! The Chinese market is imploding and in freefall!!!
Exports down like -20% Consumer sales down, wages down, lending down…
“BYD, China’s biggest electric vehicle (EV) maker, reported first quarter 2024 sales fell 43% compared to the fourth quarter of 2023, handing back the title of world’s biggest EV seller to Tesla after winning it last year.”
link to reuters.com
Don’t be foolish. Fourth Quarter sales are often higher. Compare BYD Sales to Q1 2023 like any intelligent person would. They grew quite a bit. China is absolutely competitive though, which is why ICE sales will fall off a cliff in the next two years.
Let’s celebrate the EV bubble has popped.
Bahahaha! China hit almost 50% EV Sales last month, a new record for EVs. And most of the Legacy ICE automakers are laying off workers in their ICE Factories in China, the largest market in the world for Vehicles.
“Preparing for growth by firing working is like trying to lose weight by stocking the pantry with more potato chips.”
Lol, good one!
Where the heck is KidHorn? His never ending praise of Musk and Tesla is missing now. Come on KidHorn, don’t leave us hanging. I remember you have not one but TWO cool Teslas somewhere in DC.
Except Mish doesn’t know what he’s talking about, when it comes to EVs…As usual.
Don’t know much do ya?
In 2019 Tesla laid off 7% of its workforce. It had about 48,000 employees Globally.
In 2022 Tesla laid off 10% of its workforce. It had about 127,000 employees Globally.
Now laying off 10% of its workforce. It has 140,000 employees Globally.
Notice a Trend???
Every few years they cut the bottom part of their workforce and then expand into the next areas.
Tesla is the super fancy, high end furniture store in a one factory town that is having layoffs and the factory is losing money.
Its not obvious to me that Tesla is much more than an expensive, glorified golf cart (good for local trips, if you have lots of disposable income). But even if there is more to them, Tesla’s total cost of ownership is more than the average consumer can afford — the purchase price is high, battery recycling and replacement is obscene, tire wear is double a gasoline car, and the autonomous driving bit only works in a very controlled environment. The cost of a fender bender is higher. God forbid a Tesla is in a fire — the lithium batteries cannot be extinguished in a reasonable manner.
Then there is the issue of the US power grid barely being able to handle existing loads. The notion of replacing millions of BTU energy from fossil fuels – with a power grid that is wheezing already – cannot work.
USA, and most G7 consumers, are struggling economically. Debt levels are obscene, and a lot will never be repaid. The federal government is essentially bankrupt, and its just a question of whether it can inflate away enough debt fast enough to avoid formal default.
Elon Musk is a billionaire, and doesn’t appreciate that he is not like most consumers. Best case … Tesla is trying to mass market Tiffany’s jewelry to K-mart customers (if they are really more than a golf cart). Worst case… Tesla is selling mass market jewelry at Tiffany’s prices to K-mart customers.
Tesla needs a slightly better product. It needs a far more affluent customer. And it needs a functioning electrical grid with far more capacity than is possible in the next decade.
Musk can potentially address the first issue, but the later two are outside his control.
My brother-in-law just bought the “S Plaid” model a few months ago. It is a great car, no question. But it cost him $104,000. The tires will only last 10,000 miles and cost almost $2,000 to replace. This is not a mass market product. The number of people in the US that can afford this kind of car is more likely going down than up. Tesla’s share of the total US auto market may have already peaked.
You can buy a used Toyota for $2,000 and get more than 10,000 miles out of it, and any parts you need are on the cheaper side of the scale.
Buying a Tesla is as much about advertising wealth as buying an iPhone is.
Stop the nonsense. A new Tesla Model 3 is about $31K after the Incentives, and that’s if your state / Local area doesn’t have additional incentives. WAY less expensive than the average vehicle in the US.
Hey Rob,
The early 2010’s called and they want their Fossil Fuels FUD Back!!
Yeah, so Battery Storage is going WAY up every year. Less Generation needed when you can just store what you’re producing and not waste the baseload that is already being produced.
Teslas have come down in price and are way less than the average vehicle sold in the US, especially when you factor in the Incentives.
China hit nearly 50% Plug-in Vehicle Sales last month and Legacy Automakers are bailing on their ICE manufacturing in the largest auto market by Far with GM cutting 30% of their workforce there almost all in the ICE production lines.
The Teslas will kick the arse of almost any ICE vehicle straight off the line and have regen braking to recharge battery in stop and go traffic or downhill.
The entire Global auto market is rapidly shifting to EVs and the US is the only major market dragging their heels. And even in the US EVs are increasing at a rapid rate.
But pretending that ICE isn’t collapsing globally is fun while it lasts, even though it won’t take long to replace a majority of New Vehicles Sold in the Advanced Economies with EVs by the end of the decade.
GM and Ford likely won’t survive the transition as independent companies and might be forced to merge with someone else, just like Chrysler Dodge Jeep was.
But as long as those CEOs have their Golden Parachutes, they won’t care if they drive those companies into the ground (Again).
Choppy sales in the sector after a terrific run-up of years should not be a surprise to anyone. Cutting 10% of the workforce is what you have to do to preserve margins and stay competitive. Some may interpret this as the end of EVs and that we all go back to ICE but I rather doubt that. Except for the most rabid ICE promoteurs, just about everyone else has recognized that there is a place for EVs and Hybrids. Now the real shakeout will occur. One thing seems to be new and that is the US and Europe will not allow a China takeover of the EV market. Libertarians may scream but the free-trade mania in cars and other industries is over. Get used to it.
China’s exports are down, meaning domestic incomes are down, and consumption is down, people lost life savings in the property bubble; the CCP helps itself to people’s bank accounts; local govt debt in China is hidden but huge. The idea that China is a big and buoyant market is utter fantasy. The data shows how investment and growth in China stated to stall after the GFC, and the ROI has more or less flatlined since 2014. The CCP allowed a bubble to grow by extending credit with little return. Now they are facing major demographic headwinds.
Every company that expands quickly over hires and needs to cut. Cutting 10% of just about any business (at least the management team) will likely improve performance. Top people leave all the time. No one is irreplaceable.
I don’t like Tesla at all but I would guess every fortune 500 company could cut 10% and nothing that is needed would be missed. Maybe wasted meeting would stop.
govt could cut 10% across the board, and the world would actually improve
Let’s go 25% for starters …
You need to be at 90%+ cuts to see a flourishing of prosperity again.
10%? The government could be cut 70% and it would not matter a single bit. Look at Milei in Arg.
I have said this before:
I have 3 friends who work for the EPA. They do nothing. When I see them I always ask them “what did you do today?”
They answer then I reply “going to lunch at an expensive restaurant with EPA people visiting from out of town on the Gov credit card is literally doing nothing.” They chuckle they know they do nothing.
I worked doing BLM land exchanges. BLM sit at a desk all day watching the clock for the lunch break – then go out lunch and then sit the rest of the day. They occasionally file some papers. They literally do nothing They hated the land exchanges because they actually had to do something.
Toyota got it right the first time.
They sell huge volume across Asia… Honda, Isuzu, Mitsubishi too… hardly anything “western”.
Elon is just starting to swirl a little, as he begins to circle the bowl…
What gets IN to these people? Does having everything you could possibly want make you crazypants?
Don’t know much do ya?
In 2019 Tesla laid off 7% of its workforce. It had about 48,000 employees Globally.
In 2022 Tesla laid off 10% of its workforce. It had about 127,000 employees Globally.
Now laying off 10% of its workforce. It has 140,000 employees Globally.
Notice a Trend???
Every few years they cut the bottom part of their workforce and then expand into the next areas.
When you are the majority owner of a 1 time $1t electric car company it doesn’t seem like a genius move to join up with a group of people who are rabidly anti-EV.
Who did he join up with that’s rabidly anti-EV?
It’s more intelligent to face (engineering & market) reality sooner rather than later.
Alphabet people and wokefascist leftists simply don’t reproduce enough, and import illegals who actively reduce their population. The left is a dopey doomsday death cult.
Simple: He’s spot on with SpaceX. Nailed PayPal. Saved the free world through his purchase of Twitter so we could regain a government-less free speech forum of vast reach. Tesla cars seem to be popular. But on FSD and CyberTruck and other such things, he misses. I’m okay with that percentage, I don’t expect perfection. Tesla shareholders are the only ones that should care how he runs Tesla but I’m ever so thankful for his purchase of Twitter and the release of the details of our government’s reach into social media narrative production, censorship and their own brand of misinformation.
Musk was fired from Paypal.
So was Jobs from Apple.
Apple didn’t pay Jobs to leave before being acquired for mega-bucks. Musk was a liability even then. Apple hired Jobs back too.
Was Jobs fired? Yes. Did Musk go on to build reuseable rockets, affordable internet from space and high-performing electric cars? Yes.
Elon made more than anyone from the PayPal exit. Don’t kid yourself. It’s how he funded SpaceX and Tesla.
There’s a ton of censorship on Twitter, most of it seems to be stuff that get’s Elon’s teenage girl feelings all mixed up
You mean YOU personally get censored a lot, because you post comments like that?!
When the fate of something called ‘Twitter’ determines whether or not I’m free, I’m not free.
You’re not free and have not been for a long time.
If you pay 30% taxes you are 70% free.
Only hermits in the woods are free but I don’t want to be a hermit in the woods.
What does “free” even mean? Humans are social species, exile is a punishment.
That is the price of true freedom; exile from others.
Well said. True innovation frequently means failure. You often need just one huge hit in a series of failures to be successful. And completely agree and support Musk’s efforts to restore free speech and oppose censorship.
Tesla might be sensibly considering diversifying into other sectors as a “tech brand”.
They already are in other sectors. Battery Storage, Software, Robotics, energy charging systems, etc., etc.
Any first year engineer could have figured out that a dedicated electric vehicle at this time in history was stupid strategically. You cant move people from gasoline to electric in a matter of years. You cant replace a 2 minute fillup with a 2+ hour recharge. You need “in between” vehicles (like my beloved Volt) and more time to get used to electricity in vehicles. If Musk was so smart, he should have seen that coming.
Innovators are gonna innovate.
A thousand “innovators” will try and fail before one gets it right. In the meantime, lots of wasted money and resources (and trust from investors) is the result. There are a LOT more that fail than succeed. 🙂
14% of cars sold last year were electric. If they weren’t sold to people, who bought them? Oceleots?
dummies
Mostly the rich and people with credit. My friend bought a 100% electric Audi cause he could. Remember life is all about content. You have to have interesting things (content) in your life so you can brag on your Instagram site. You need stories .. what they cost you doesnt matter.
Hertz. And it didn’t go well….
Hertz went Bankrupt BEFORE they bought the EVs. They are NOT a well run company. They needed to allow the people to drop off the vehicles without a full charge. Way easier. That’s OK Hertz will probably crash their company again in the near future.
Government? Companies? How many of those vehicles are being used that much? How much do they cost to run? What’s the resale value? How many of those buyers also bought petrol and diesel vehicles?
electric cars ARE NOT an innovation. They been using them on golfcourses for decades. They lost the “automobile” race 100+ years ago alongside the steam car.
Awwww buddy it’s OK. The Future can be scary to those who don’t know what they are talking about. Fortunately for you, there were already well over Fourteen MILLION EVs sold Globally last year and WAY more on the way this year. That’s about the size of the ENTIRE US auto market. This year EVs will far outnumber the US market size Globally. It’s already happening and the Tipping Point was already reached years ago.
But don’t worry about it. They’ll make it so easy even u will understand eventually.
You’re clearly NOT as smart as a First Year Engineer. It’s ALREADY happened. People acting like there aren’t countries that are OVER 50% EV New Vehicles Sales and doing great is the lack of education or awareness…or simply Fossil Fuels FUDsters.
Norway is ALREADY at 90% New Plug-In Vehicle Sales. Doing just fine. China hit nearly 50% plug-in Vehicles Sales last month and it’s by FAR the largest vehicle market in the world. The rest of Europe, especially Scandinavia is up around 50% to 60% and even stodgy old BMW is over 15% EV sales.
NOBODY fills up in two minutes, quit lying. Most EV owners NEVER go to chargers on a weekly basis because they charge at home or at work or while shopping. Pretending that the average commute isn’t less than 40 miles is just disingenuous. Most EV drivers don’t have to go to “Gas Stations” like all the other drivers do.
Musk has the BEST Selling Vehicle in the ENTIRE World. Bet YOU didn’t see THAT coming. Now go buy a new Volt to Celebrate! Oh Wait! GM doesn’t really make many EVs, much less the Volt anymore. Get ready for a GM BK or bail out!!