I hate when companies say they’re “forced” to do layoffs. Elon could easily pay six figure salaries to 14,000 people for over a decade before he noticed even the slightest change to his net worth. What they really mean is that by upending the lives of 14,000 families, they’re hoping to get a temporary bump in the stock price this quarter so they can buy another yacht.
I really find the hatred of layoffs some of the most nonsensical criticism of capitalism.
If you are going to pay people for doing nothing useful, because your company no longer needs their work, why make them go to work? You can save their time and your money (office costs, taxes, administration, etc.) if you just give them the money after you fire them.
I think it’s more so that the corporate culture lately is extremely short-sighted and makes lay-offs in incredibly dumb ways (i.e. you can see their future half-year problems). Which many times will need to be re-hired by paying lots of money to idiotic recruiters to hire new people (because the older folks have switched ship and are not coming back) and train them. Lots of instability caused by extremely poor management (who get payed a lot even though they make stupid decisions).
It’s not a one-off, and it keeps happening.
I mean, what you say is true although I suspect it is a lot less common than the headlines would lead you to believe. Its probably just selection bias since news don’t report on companies running well.
Either way, that is not what the comment I was reacting to is saying.
Avoid Musk at all costs.
It would be embarassing to drive a Tesla today, especially for the demographic that would buy these EVs.
You see one driving and you know the driver is a uninformed douchebag.
Engineers have been calling him out for a decade, it’s just people told us “shut up, nerd! Elon is smarter than all of you! You are just jealous!”
TBF, Musk’s saneness should have no impact on your car-buying decisions.
Get the best product for the money you spend.
Most people (especially outside the US) don’t give a fuck about Elon and his politics, at the end of the day they’ll buy the car which fits their needs the most within the price range they can afford. And yeah Teslas have issues but my friends who own one are very happy with them.
my friends who own one are very happy with them.
That’s because the people who don’t like them get rid of them. Their reviews are not good when compared to other vehicles in the same category. The Cybertruck is last in class (not first, last) in all categories except acceleration.
Well I don’t know/care, I’m not really interested in cars (and I for one wouldn’t buy a Tesla due to Elon Musk’s assholery alone). But my friends are, and after thoroughly evaluating the options available here in France they went with Tesla, and they don’t seem to regret it.
Embarrassing? Tesla single handedly showed an alternative to oil-based vehicles with an absolutely superior machine. I put 200,000 miles on my Tesla model 3 driving it off road to some of the most remote places in the US, and it never broke a sweat. It was the first car that could keep up with my adventure spirit. If a traditional manufacturer made this machine it would have cost $300,000 for what it can do.
While you are here buying in to big oil brain washing, this company has single handedly done more in the war against climate change, and dystopian hellscape oil/based economies like Saudi Arabia, than any other company in history.
Musk might be autistic and have a lot of dumb ideas he can’t keep contained but he undeniably has a better vision for what technology the public has access to. A single person’s personality is such a dumb reason to support oil companies, with the blood of millions on their hands, and possibly the end of this planet. Keep drinking the koolaide, though!
Tesla single handedly showed an alternative to oil-based vehicles with an absolutely superior machine.
EVs were around before Tesla. Tesla just made them cool because dudebros got suckered into investing in it.
There’s a documentary called Who Killed the Electric Car disproving your point https://www.imdb.com/title/tt0489037/?ref_=ext_shr_lnk
The sheer ableism of assuming Musk is autistic just because he’s a Nazi asshole… What a insult to autistic people.
If you could have stopped at the first paragraph I would have upvoted you. I actually had to remove my upvote. Why did you feel it was so important to attack a stranger on the internet, it destroyed the credibility of your initial statement?
The truth does not care for your upvotes, and my credibility is absolutely intact. Check with a more objective thinking device and verify reality.
An objective, fact-based thinking devices (ChatGPT4) disagree with you. Here is my prompt and its response, which you can independently verify:
I am reading a comment thread on the internet. I need your opinion. First the thread:
Comment 1:
Avoid Musk at all costs.It would be embarassing to drive a Tesla today, especially for the demographic that would buy these EVs.You see one driving and you know the driver is a uninformed douchebag.
⸻
Commentor reply:
Embarrassing? Tesla single handedly showed an alternative to oil-based vehicles with an absolutely superior machine. I put 200,000 miles on my Tesla model 3 driving it off road to some of the most remote places in the US, and it never broke a sweat. It was the first car that could keep up with my adventure spirit. If a traditional manufacturer made this machine it would have cost $300,000 for what it can do.While you are here buying in to big oil brain washing, this company has single handedly done more in the war against climate change, and dystopian hellscape oil/based economies like Saudi Arabia, than any other company in history.Musk might be autistic and have a lot of dumb ideas he can’t keep contained but he undeniably has a better vision for what technology the public has access to. A single person’s personality is such a dumb reason to support oil companies, with the blood of millions on their hands, and possibly the end of this planet. Keep drinking the koolaide, though!
⸻
Who is correct here objectively speaking? Which view seems accurate and credible?
ChatGPT4:
The comments you’ve shared express strong opinions and biases towards Tesla and Elon Musk, highlighting the polarizing nature of public figures and innovative companies.The first comment criticizes Tesla and its customers, labeling them as “uninformed.” This viewpoint seems to focus more on social perception and the controversial aspects of Elon Musk’s public persona rather than the technical or environmental merits of Tesla vehicles. The argument lacks specific factual support and primarily uses ad hominem attacks, which weakens its credibility.The second comment provides a counterpoint, emphasizing the positive impacts of Tesla on the automotive industry, particularly its role in popularizing electric vehicles (EVs) and challenging traditional automotive and oil industries. This commenter shares personal experiences with the Tesla Model 3, attesting to its performance and reliability, which adds a layer of anecdotal evidence to their argument. They also acknowledge Musk’s personality and controversial ideas but argue that these should not overshadow the technological and environmental contributions of his company.Objectively, the second commenter provides a more fact-based perspective by citing specific contributions of Tesla to the automotive industry and environmental efforts. Their argument is bolstered by personal experience and a broader view of the company’s impact on global issues like climate change and economic structures reliant on oil.In conclusion, the second comment appears more accurate and credible based on the use of specific examples and a focus on substantial issues rather than personal attacks.
While we don’t have an exact percentage, “more than 10%” means at least 14,000 employees will be laid off
Surprisingly I thought it would be a bigger number.
Rumors are 20% actually.
There are numerous topics over on Reddit talking about “laid off this morning”. There was no warning, they just got fired over the weekend.
What looks bad is the absolute urgency and callousness of this event. In fact, there are various laws at the state level (ex: California’s WARN laws: https://edd.ca.gov/en/jobs_and_training/layoff_services_warn), that require 60-days notice before a mass firing. So this “weekend layoff” is straight up illegal in some areas of the country.
Business have a ton of precedent these last few years that following laws isn’t cost effective. The fine is far cheaper.
The “fine” is backpay for all the employees for months.
Its cheaper to not pay lawyers and just do the right thing, rather than fight it and backpay all of the laid off workers anyway. WARN laws are serious, and have serious precedent. You ain’t gonna win vs them in court.
I don’t think that law means what you think it means. They can just give you 60 days severance, they are not required to have you keep working.
Also, I would not be surprised if they extensively use contractors, which don’t have the same protections.
Then again, this is Musk, who reneged on his Twitter severance plans and got sued. So he very well could be trying to pull some bullshit again.
I don’t think that law means what you think it means. They can just give you 60 days severance, they are not required to have you keep working.
These aren’t programmers where severance is better (you don’t want a toxic programmer messing up your codebase). These are factory workers who would have been productive if they kept working.
IE: This is a stealth factory idle. Likely because of how much the sales have dropped for Tesla. This is IMO very bad news for what Tesla expects in the near future for their sales / revenues / profits.
But didn’t you hear they’re rolling out robo taxis by August 🙉
there’s nobody left to buy him out so he’s finally going to have to figure out what step 2 is
If I was Musk, I honestly wouldn’t give a shit at this point.
He’s wealthier than any of you can ever hope to be. I’m sure if his businesses fail he can still live a better life than any of you, too.
