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Tesla told Austin workers on its Model Y and Cybertruck lines to stay home for the week of Memorial Day, three workers told Business Insider.
The break is unusually long, the workers said. Production lines were up and running during the same period last year, they said.
The electric vehicle maker notified employees earlier this week. The workers, who are paid hourly, were told they could either take paid time off or come in for cleaning and training but would not be working on the production line.
Tesla deliveries dropped 13% year over year during the first quarter.
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The end is near.
Think of all the lives that will be spared because Leon never got the chance to implement his shitty FSD that he kept dangling in everyone’s faces
Now, do the same for all MAGA.
I’m predicting the breaking news story for June 2nd is they find out they’re fired.
Happened to me there, though not as long. Friday, they told everyone on the line I worked on (S) most of us were being let go, but a few of us (myself included) were told we were staying. Fast-forward to Monday, they called me while half-way to work (this was in Fremont and I live in the central valley, so it was a 2 hour drive without traffic; which is never going to happen on the Altamonte) to say they actually let everyone go.
That really sucks. I’m not sorry for Tesla, but I’m sorry for the workers caught up in the shit show.
I am a cynical bastard, and I wonder if they told everyone that they were one of the people not being let go, then contacted them later to tell them everyone was being laid off.
It gives the workers a -temporary- feeling of relief. Which could stop a riot etc etc.
And it’s so very dishonestly devious that it’s deffo something that Felon Mucks would do, just because he can.Nah; like the first part where they said who was leaving and who was staying on was in person at the factory. Like a “stand over here if your name is called” thing.
a real George Bluth Sr. move
Fire Tom, and get your jackass brother out of here.
So an indefinite furlough… got it.
If anyone still has Tesla stock it’s probably a good time to sell.
Anyone who has a 401k likely has Tesla stock, unfortunately.
I expect whoever runs that is really good at trading.
Everyone that owns a S&P500 index or other similar ones owns Tesla shares. All pensions will own some amount. Collectively these pensions probably have 10s of billions or more in Tesla.
I was being sarcastic. But that’s scary.
It kinda is to be honest… The magnificent 7 as they call it, dominate the S&P500. I don’t have today’s figures, but recently it’s been as much as 30% of the index.
Any falter in big tech, or even one of these individual companies like Tesla, can have a huge impact on peoples pensions.
Edit: I guess if you still wanted to invest in something like this as a pension, but wanted to avoid a specific company, you could find a way to hedge against them to make it neutral. I don’t know if any do that though.
The good time to sell was December…
Suppose it’s now a “less bad” time than it’s probably going to get.
If anyone still owns a Tesla it’s probably a good time to sell it.
…as parts.
Tesla will announce their new military grade model that the defense will purchase thousands of cars using tax money.
I mean, maybe that’s a good thing for any future resistance movement? The powers that be using highly flammable / explosive, unreliable, piece of shit glued together trucks that can’t handle a carwash.
They just got fired.
They should all immediately go file for unemployment tbh. Even if it’s just for that week, it’s considered a layoff and they can file. It means they’ll be able to start collecting unemployment a week earlier than they would if they wait for the actual “you’re fired” message.
The beginning of the end
Absolutely, but you could also say that beginning was a year ago, where Tesla sales began to slump.
Remember when we hear about poor sales this year compared to 2024, that 2024 was already a bad year for Tesla!It was probably when their “founder” did two Nazi salutes on stage at the inauguration of the President of the United States.
For USA absolutely, for Germany and EU that and supporting AfD, for China no.
The biggest sales declines are in EU and China.THIS!☝️
This is just how Musk makes an organization “efficient”.
Well yeah, I mean without the whole embezzlement of personal data from various departments thing. Hes already got that.
Cut to tomorrow’s video of him carrying out their staff lockers to sell on Facebook Marketplace for $45
Good
This wouldn’t explain the CT line, but they’re going to release 2 new vehicles by June 30th that use the same line as the Model Y/3. They did upgrades for that during the model y changeover. It could be the final changes before they are released, but again, that doesn’t explain the CT.
Well shit, I pretty much forgot about them during all of this.
Are they not quitting in mass yet?
The job market in Austin is shit right now. Anybody with a soul at Tesla likely can’t afford to go job-hunting right now.
It sounds like they may not have a choice in that matter soon enough.
I always start job hunting the day I start any new job. Don’t be loyal to your employer because they will never be loyal to you.
Yea pretty obvious. I need a car and Tesla would be a good choice if that fucking asshole didn’t own it.
Same. They sent me a survey for owning my 3 for so long. In the survey I pretty much gave the car good reviews. Then it asked me if I would buy another and pretty much stated I would not buy another tesla if Elon musk is part of the company. I doubt anyone reads the surveys but hey here’s to hoping. 🗿
You’ve contributed to the word cloud, thats all you need
Tesla = Pinto
Someone already did the math and the rolling garbage can is even worst than the infamous Pinto.
Good choice? They keep bait and switching their own features, and their QC is garbage. Take Elon out of the equation and I still won’t buy their early access version of a car. I’m tired of companies treating end consumers as their play testers.
On top of that they’re all privacy nightmares
Maybe one more Trump commercial in front of the white house might break the spell
Still waiting for those rushed Boeing Air Force Ones to start flying the Trump & DOGE around…
I’ve been arguing the Q1 result was cooked already from day 1 they came out. The actual result is probably way worse. One of the reasons is that Tesla has been producing way to many cars, and the cars on stock are overvalued to push the deficit into the future. Where they probably hope to camouflage the loss in other ways.
But competition is intensifying, and Tesla is already at a very low margin on each car sold. Increased competition is at a point where Tesla will have to sell cars at a deficit. While at the same time write off value on stock. Or alternatively lose even more marketshare.
The glory days where Tesla had the highest margin per car sold in the industry are long gone.Yes, all that, but the effect of Elon completely alienating the people who wanted to buy Teslas can’t be understated. I don’t hate the cars at all, but my god I loathe Elon and would never give him money.
The brand can recover if they remove Musk but I’ll never support it cause the Nazi will still get his cake from w.e cars get sold.
Absolutely, if Elon had been a normal CEO, Tesla would probably still be riding on the reputation they had few years ago.
What I’m saying is that it will be hard for Tesla to make a comeback, even if they somehow manage to restore the name.
They are no longer a technology leader, and they aren’t leading on value either, which makes Tesla just one among many options.
And it seems they can’t keep up with the competition anymore, now that the traditional auto makers have learned the basics of making a good EV. And China is so far ahead on batteries and Fast Charging it isn’t even funny.
Both BYD and CATL have batteries that can charge 3 times faster than the fastest Tesla!In USA Tesla is protected by tariffs, So USA has lower competition, but in Europe and China, I don’t think Tesla has much of a future, (EU has 3 times as many BEV models to choose from than USA!) and even USA will be a a huge uphill struggle, because they have such poor brand recognition.
I don’t think Musk can turn Tesla around, the claimed options to do that are RoboTaxi, and AI and robots. But Tesla is not even close to be leading in any of those fields. So Tesla will be a company with huge R&D costs, but little money coming in. Unless Musk can keep conning new investors of course.The little Ford EV hatchback they sell in Europe is a lot more attractive than a Tesla personally. I just wish we could get them in the US, but the CEOs have apparently decided by fiat (hah) that no small cars are desired.
The Focus is AFAIK discontinued, but maybe you mean the Puma?
“You’re making that up.”
https://en.wikipedia.org/wiki/Ford_Focus_Electric
Production December 2011 – May 2018
But the Focus is the only hatchback I could think of.
Sorry, it was a joke from the old machinima Red vs Blue. There’s a truck called the Warthog and someone suggests it looks like a Puma. Another person says “you’re making that up”.
It’s at 1:46 https://youtu.be/Rju4RWdEyZk
That was far too old a reference to drop casually. My bad.
The Puma Gen-E is what I was thinking of, could’ve sworn it was a 2-door though. Must’ve confused it with something else.
That’s a cool car IMO, but personally we want something with better range.
It is quite impressive in efficiency though 13.1 kWh/100 km. And it is decent for fast charging.Why?
Every vehicle doesn’t need to do everything. Otherwise we’d all buy turbocharged Hummers with a trailer for extra fuel. It’d be nice to have some middle ground between a smartcar that confined to surface streets and something you’d take a roadtrip in. A worst-case ~150-200 mile range is enough for a boatload of people to commute 50 miles and not have to worry. If you can plug it in overnight, even on just 120v, charging speed is a negligible concern.
I think a lot of range anxiety is weird. A lot of gas cars from the 80s/90s/00s have ~300/400 mile range per tank, but that’s because you don’t want to go to a gas station every day. If you could just trickle in gas overnight they could’ve had much smaller tanks too.
Tesla must Unionize!
Why? There really isn’t a path to profitability now. The brand is dead internationally and domestically.
Yeah, but Musk hates unions. The swedes are making a big point out of unionizing.
One of the reasons they moved to Texas was to prevent that.
Why? Are Texans stupid?
“Hey Patrick, What am I now?”
“Uh Stupid?”
“No, I’m Texas!”
This SpongeBob joke has lived rent free in my head since I was a literal toddler.
Because there’s a regulatory environment there that is deeply hostile to unions.
Yes
Awe.
Are you in awe of how stupid they are?
No 😂
Just disappointed I guess. I was hoping for a better answer.
You are in awe of how disappointed you are?
They elect stupid people. Also shitty people. Their labor laws are horribly anti-worker/very pro- company.
