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Tesla fires hundreds of workers at HQ and factory #4542685
10/13/17 10:04 PM
10/13/17 10:04 PM
Joined: Sep 2004
Posts: 21,638
Orlando, FL
Mr Nice Offline OP
Mr Nice  Offline OP
Joined: Sep 2004
Posts: 21,638
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/

Re: Tesla fires hundreds of workers at HQ and factory [Re: Mr Nice] #4542690
10/13/17 10:09 PM
10/13/17 10:09 PM
Joined: Oct 2009
Posts: 3,239
Wet side WA
JohnnyJohnson Online content
JohnnyJohnson  Online Content
Joined: Oct 2009
Posts: 3,239
Wet side WA
LOL you think they'll outsource those jobs to Puerto Rico?


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Re: Tesla fires hundreds of workers at HQ and factory [Re: Mr Nice] #4542700
10/13/17 10:22 PM
10/13/17 10:22 PM
Joined: Mar 2008
Posts: 5,841
South Florida
bubbatime Offline
bubbatime  Offline
Joined: Mar 2008
Posts: 5,841
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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Re: Tesla fires hundreds of workers at HQ and factory [Re: Mr Nice] #4542710
10/13/17 10:35 PM
10/13/17 10:35 PM
Joined: Jan 2007
Posts: 17,501
Clovis, CA
Merkava_4 Offline
Merkava_4  Offline
Joined: Jan 2007
Posts: 17,501
Clovis, CA
Home Depot does the same thing every year in January. They call it "Reduction In Force" or RIF.

Re: Tesla fires hundreds of workers at HQ and factory [Re: Mr Nice] #4542711
10/13/17 10:35 PM
10/13/17 10:35 PM
Joined: Aug 2008
Posts: 18,798
Ontario, Canada
StevieC Online content
StevieC  Online Content
Joined: Aug 2008
Posts: 18,798
Ontario, Canada
A corporation no different than any other today. Profits before people. Another example. frown


'18 Highlander - AMSOIL SS 0w20 / ATF / Severe Gear
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Re: Tesla fires hundreds of workers at HQ and factory [Re: Mr Nice] #4542715
10/13/17 10:41 PM
10/13/17 10:41 PM
Joined: Oct 2014
Posts: 3,907
Utah
CKN Offline
CKN  Offline
Joined: Oct 2014
Posts: 3,907
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......

Last edited by CKN; 10/13/17 10:42 PM.
Re: Tesla fires hundreds of workers at HQ and factory [Re: Mr Nice] #4542721
10/13/17 10:48 PM
10/13/17 10:48 PM
Joined: Sep 2004
Posts: 21,638
Orlando, FL
Mr Nice Offline OP
Mr Nice  Offline OP
Joined: Sep 2004
Posts: 21,638
Orlando, FL
CKN,

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

Re: Tesla fires hundreds of workers at HQ and factory [Re: Mr Nice] #4542726
10/13/17 10:57 PM
10/13/17 10:57 PM
Joined: Dec 2002
Posts: 40,947
'Stralia
Shannow Offline
Shannow  Offline
Joined: Dec 2002
Posts: 40,947
'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.

Re: Tesla fires hundreds of workers at HQ and factory [Re: Mr Nice] #4542732
10/13/17 11:05 PM
10/13/17 11:05 PM
Joined: Mar 2008
Posts: 6,845
USA
slacktide_bitog Offline
slacktide_bitog  Offline
Joined: Mar 2008
Posts: 6,845
USA
One of them was probably the one who sold the Model 3 on Craigslist

Re: Tesla fires hundreds of workers at HQ and factory [Re: Mr Nice] #4542736
10/13/17 11:14 PM
10/13/17 11:14 PM
Joined: Jun 2009
Posts: 742
Hollister, CA
Sunnyinhollister Offline
Sunnyinhollister  Offline
Joined: Jun 2009
Posts: 742
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.

Last edited by Sunnyinhollister; 10/13/17 11:15 PM.

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Re: Tesla fires hundreds of workers at HQ and factory [Re: CKN] #4542737
10/13/17 11:16 PM
10/13/17 11:16 PM
Joined: Oct 2005
Posts: 4,343
Kansas
Kruse Offline
Kruse  Offline
Joined: Oct 2005
Posts: 4,343
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

Re: Tesla fires hundreds of workers at HQ and factory [Re: Kruse] #4542744
10/13/17 11:26 PM
10/13/17 11:26 PM
Joined: Oct 2014
Posts: 3,907
Utah
CKN Offline
CKN  Offline
Joined: Oct 2014
Posts: 3,907
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.


Last edited by CKN; 10/13/17 11:32 PM.
Re: Tesla fires hundreds of workers at HQ and factory [Re: CKN] #4542745
10/13/17 11:38 PM
10/13/17 11:38 PM
Joined: Nov 2008
Posts: 9,048
Phoenix
dishdude Offline
dishdude  Offline
Joined: Nov 2008
Posts: 9,048
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.


2018 Challenger SRT
Re: Tesla fires hundreds of workers at HQ and factory [Re: Mr Nice] #4542752
10/13/17 11:48 PM
10/13/17 11:48 PM
Joined: Mar 2017
Posts: 5,484
...
PimTac Offline
PimTac  Offline
Joined: Mar 2017
Posts: 5,484
...
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.

Last edited by PimTac; 10/13/17 11:49 PM.


Re: Tesla fires hundreds of workers at HQ and factory [Re: Mr Nice] #4542755
10/13/17 11:54 PM
10/13/17 11:54 PM
Joined: Aug 2008
Posts: 18,798
Ontario, Canada
StevieC Online content
StevieC  Online Content
Joined: Aug 2008
Posts: 18,798
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.

Last edited by StevieC; 10/13/17 11:56 PM.

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