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#4542685 - 10/13/17 10:04 PM Tesla fires hundreds of workers at HQ and factory
Mr Nice Offline


Registered: 09/12/04
Posts: 21198
Loc: Orlando, FL
Tesla fires hundreds of employees at headquarters and factory.
Why do this if they are behind schedule to deliver cars ?


http://www.mercurynews.com/2017/10/13/4819750/

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#4542690 - 10/13/17 10:09 PM Re: Tesla fires hundreds of workers at HQ and factory [Re: Mr Nice]
JohnnyJohnson Offline


Registered: 10/22/09
Posts: 2754
Loc: Wet side WA
LOL you think they'll outsource those jobs to Puerto Rico?
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#4542700 - 10/13/17 10:22 PM Re: Tesla fires hundreds of workers at HQ and factory [Re: Mr Nice]
bubbatime Offline


Registered: 03/18/08
Posts: 5627
Loc: South Florida
"Openly pro-union workers were among those fired this week. Some believe they were targeted."

There you have it. Musk runs a tight ship, and he doesn't want Union thugs bossing him around. You want a union? Fine, but it will be at your next job. You're fired.
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#4542710 - 10/13/17 10:35 PM Re: Tesla fires hundreds of workers at HQ and factory [Re: Mr Nice]
Merkava_4 Offline


Registered: 01/30/07
Posts: 17501
Loc: Clovis, CA
Home Depot does the same thing every year in January. They call it "Reduction In Force" or RIF.

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#4542711 - 10/13/17 10:35 PM Re: Tesla fires hundreds of workers at HQ and factory [Re: Mr Nice]
StevieC Offline


Registered: 08/21/08
Posts: 17116
Loc: Ontario, Canada
A corporation no different than any other today. Profits before people. Another example. frown
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#4542715 - 10/13/17 10:41 PM Re: Tesla fires hundreds of workers at HQ and factory [Re: Mr Nice]
CKN Offline


Registered: 10/14/14
Posts: 3700
Loc: Utah
OR-you can look at it and say the "shell game" that Elon Musk is playing is unraveling real quick. They are so far behind deliveries on the model 3 it's out right funny. He is finding the car business much more difficult than he anticipated.

Couple this with GM, Ford and others coming out with Electrical offerings over the next several years and this compounds his problems.

Tesla will either be bought outright or merged with another automobile company.

I'm taking wagers......


Edited by CKN (10/13/17 10:42 PM)

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#4542721 - 10/13/17 10:48 PM Re: Tesla fires hundreds of workers at HQ and factory [Re: Mr Nice]
Mr Nice Offline


Registered: 09/12/04
Posts: 21198
Loc: Orlando, FL
CKN,

I do agree with you that Musk made promises that he couldn't deliver.

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#4542726 - 10/13/17 10:57 PM Re: Tesla fires hundreds of workers at HQ and factory [Re: Mr Nice]
Shannow Online   content


Registered: 12/12/02
Posts: 39876
Loc: 'Stralia
Originally Posted By: Mr Nice
CKN,

I do agree with you that Musk made promises that he couldn't deliver.


And then after not delivering, promises double that again.

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#4542732 - 10/13/17 11:05 PM Re: Tesla fires hundreds of workers at HQ and factory [Re: Mr Nice]
slacktide_bitog Online   content


Registered: 03/20/08
Posts: 6175
Loc: USA
One of them was probably the one who sold the Model 3 on Craigslist

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#4542736 - 10/13/17 11:14 PM Re: Tesla fires hundreds of workers at HQ and factory [Re: Mr Nice]
Sunnyinhollister Offline


Registered: 06/27/09
Posts: 730
Loc: Hollister, CA
Tesla fired the employees so they would not have to comply with California's WARN ACT. Instead of doing the right thing and laying the employees off for which the company would have to offer some severance package, they fired them instead. Way to go Tesla. Class act. This is probably because they cannot get the Model 3 production line working and people want their deposits back. Tesla does not have a very good rep in the valley as an employer. I imagine that perception was reinforced this week. Musk sure can shovel with the best of them.


Edited by Sunnyinhollister (10/13/17 11:15 PM)
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#4542737 - 10/13/17 11:16 PM Re: Tesla fires hundreds of workers at HQ and factory [Re: CKN]
Kruse Offline


Registered: 10/05/05
Posts: 4296
Loc: Kansas
Originally Posted By: CKN
OR-you can look at it and say the "shell game" that Elon Musk is playing is unraveling real quick. They are so far behind deliveries on the model 3 it's out right funny. He is finding the car business much more difficult than he anticipated.

Couple this with GM, Ford and others coming out with Electrical offerings over the next several years and this compounds his problems.

Tesla will either be bought outright or merged with another automobile company.

I'm taking wagers......



It almost sounds like you are bashing a manufacturer/dealership. It must be another slow Friday night. Now who on this site always complains about that? whistle

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#4542744 - 10/13/17 11:26 PM Re: Tesla fires hundreds of workers at HQ and factory [Re: Kruse]
CKN Offline


Registered: 10/14/14
Posts: 3700
Loc: Utah
Originally Posted By: Kruse
Originally Posted By: CKN
OR-you can look at it and say the "shell game" that Elon Musk is playing is unraveling real quick. They are so far behind deliveries on the model 3 it's out right funny. He is finding the car business much more difficult than he anticipated.

Couple this with GM, Ford and others coming out with Electrical offerings over the next several years and this compounds his problems.

Tesla will either be bought outright or merged with another automobile company.

I'm taking wagers......



It almost sounds like you are bashing a manufacturer/dealership. It must be another slow Friday night. Now who on this site always complains about that? whistle


Nope not bash-it's reality. And I have no one disagreeing with me-not even you.

Besides Tesla is not a REAL MANUFACTURER-they are a SHELL GAME.



Edited by CKN (10/13/17 11:32 PM)

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#4542745 - 10/13/17 11:38 PM Re: Tesla fires hundreds of workers at HQ and factory [Re: CKN]
dishdude Offline


Registered: 11/14/08
Posts: 8754
Loc: Phoenix
Originally Posted By: CKN
OR-you can look at it and say the "shell game" that Elon Musk is playing is unraveling real quick. They are so far behind deliveries on the model 3 it's out right funny. He is finding the car business much more difficult than he anticipated.

Couple this with GM, Ford and others coming out with Electrical offerings over the next several years and this compounds his problems.

Tesla will either be bought outright or merged with another automobile company.

I'm taking wagers......


Bingo. Tesla is a house of cards, the next Enron.
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#4542752 - 10/13/17 11:48 PM Re: Tesla fires hundreds of workers at HQ and factory [Re: Mr Nice]
PimTac Online   content


Registered: 03/04/17
Posts: 4315
Loc: Soviet State of Washington
Tesla only exists because they borrow money from another one of Musk's shell companies. He has been playing stock swings by announcing huge developments and promises. The share price of this stock is outrageously priced. Tesla is more a cult type following instead of a company.

http://www.marketwatch.com/investing/stock/TSLA

Look at the P/E ratio and EPS of this stock. That says it all in a nutshell.


Edited by PimTac (10/13/17 11:49 PM)
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#4542755 - 10/13/17 11:54 PM Re: Tesla fires hundreds of workers at HQ and factory [Re: Mr Nice]
StevieC Offline


Registered: 08/21/08
Posts: 17116
Loc: Ontario, Canada
FWIW, my new boss has the Tesla SUV and I've been in it. Aside from some of the neat features of the rear doors opening upwards like a space ship, the ultra high windshield line, the super quiet performance and immediate "go" it's really not worth the enormous price tag. Now he drives it because his brother drives a Porsche SUV because they can both afford to do so but I wouldn't give you that price tag for what you get.

Although the giant screen in the middle of the dash is pretty cool when it has the map showing on it.

I just don't see the vehicles being practical, a good value for the price paid and what you get. Further other manufacturers have more time in the game and will crush them when electric vehicles become mainstream.


Edited by StevieC (10/13/17 11:56 PM)
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