Tesla Layoffs - Spill the beans

Microsoft FBisEvil
Jan 19 57 Comments

Does anyone on here that has been laid off want to share any juicy details?

About how sold model 3s aren’t getting registered to the state to dodge state taxes? People are driving around with temp tags for months.

About the thousands of model 3s sitting in parking lots across the country due to lack of demand when the company guides shareholders a backlog of demand?

About repairs and warranty defects being booked as goodwill? Or booking fleet sales as something with a higher margin? or any other accounting fraud?

About Elon misleading bond investors on model 3 capacity and/or demand?

About Tesla knowing FSD isn’t going to happen and fraudulently taking customer money for a vapor ware feature?

About the go private securities fraud?

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TOP 57 Comments
  • Microsoft jdjdhaoaha
    As someone who bought model 3, it's not hype. It's the only car that fits my requirements - upscale, cheap fuel, cheap maintenance, long range between fuels. The entry price is too high for a compact sedan ... Morale must be low at Tesla after that layoffs.
    Jan 19 8
    • Gilead Sciences / Other BayT8
      Agree myself that Model 3 is a great car. Although, service is a pain right now. Hopefully, they will get it sorted out soon.
      Jan 19
    • Microsoft FBisEvil
      OP
      Service won’t get sorted out because they have no cash and can’t raise capital bc Musk has made Tesla open to a DOJ inquiry by lying to bond investors. Not to mention he can’t dilute equity anymore bc he’s personally leveraged his own shares, and Tesla has convertible bonds.

      There are many things that would be good for Tesla that can’t happen bc Tesla is Musks personal piggy bank. Gulfstreams ain’t cheap, ya know.
      Jan 19
    • Google HugeD1ck
      Microsoft, looks like you got captured by a filter bubble on Twitter. You must be old, you sheep. You’re just repeating a bunch of garbage.
      Jan 22
    • Microsoft FBisEvil
      OP
      Tesla would have raised more capital by now if I were wrong. They need it.
      Jan 22
  • T-Mobile lAFM00
    Someone is trying to recover some of their past short losses with a thinly veiled attempt at finding a source for a trash article.
    Jan 19 20
  • Amazon PoorM
    🍿
    Jan 19 1
    • Microsoft FBisEvil
      OP
      That’s why I’m here too. 🍿
      Jan 19
  • Facebook Dogfart
    NDAs remain active after you leave. There might even be additional ones attached to severance packets, it's standard approach everywhere. It would likely be a bad decision for whomever chooses to break them.

    Tesla and Elon have shown how hard they come down on those who threaten or hurt the company or him.
    Jan 19 1
    • Microsoft FBisEvil
      OP
      Yep, if anyone reads into how they go after whistleblowers it’s truly frightening and vindictive. They even doxxed a seeking alpha writer (not a former employee just a third party) and musk called his employer and tried to get him fired.

      I figured people might be more open on an anonymous forum.
      Jan 19
  • Microsoft undefined
    Seems like someone has a vested interest in spreading anti-Tesla bunk.
    Jan 19 0
  • The Trade Desk adsadsads
    Sometimes it isn't financial interest. It's just being tired of a narcissist that talks about the environmental mission while owning 5 mansions and flying constantly in a Gulfstream jet.
    Jan 20 6
    • Microsoft FBisEvil
      OP
      He literally commutes in one. Daily!
      Jan 21
    • Tesla / Mgmt
      t3$l@

      Tesla Mgmt

      PRE
      Tesla Motors
      t3$l@more
      And? If your time is creating more value than waiting forever then you should do it too. Don't understand why people are jealous if others all the time
      Jan 21
    • Microsoft FBisEvil
      OP
      Did you hear a shwoosh sound as the point sailed over your head? And then go onto ad hominem attack instead. I smell weakness
      Jan 21
    • Tesla / Mgmt
      t3$l@

      Tesla Mgmt

      PRE
      Tesla Motors
      t3$l@more
      I don't see anything reasonable there
      Jan 21
    • Microsoft FBisEvil
      OP
      That much is obvious and doesn’t warrant a reply 😂😂😂
      Jan 21
  • Google HugeD1ck
    Guys this Microsoft guy got caught up in a Twitter bubble and thinks he’s some expert on Tesla’s finances now. He’s really just a moron spreading a bunch of fake news.
    Jan 22 4
    • Microsoft FBisEvil
      OP
      If I were wrong, they would have raised more capital after their good q3 results. They’re trying to streamline model 3 production when they have no money to build their behind schedule Chinese gigafactory. Also, they would be expanding their service centers, not contracting them.

      But I guess time will tell.

      Disclaimer: no posit now but sure as hell will have one by the end of the week.
      Jan 22
    • Google ElronMusk
      Tesla will end Q4 with over $1B in Free Cash Flow and over $4B cash. More than enough to pay any debt obligations. They have reiterated guidance for cash flow positivity for all quarters going forward. They most absolutely do not need to raise capital.
      Jan 23
    • Microsoft FBisEvil
      OP
      And just like that model S and X production has been slashed. Also reported that there are no upgrade plans have been made for either model.
      Jan 23
  • Gilead Sciences / Other BayT8
    Is it true though that registrations are getting delayed? My car was delivered right before the holidays and I still do not have the license plates in mail (I was told when I was placing the order that it was going to be two weeks). I have not called them yet though, so part of blame is on me. Can other owners post their experiences?
    Jan 19 3
    • Microsoft FBisEvil
      OP
      This experience is all over the internet. Some people have gone through two or three different temp tags. This doesn’t happen to other car companies. It happens with car dealers that go to jail.

      How long has it been for you. If you have concerns you should contact a lawyer or your states attorney general.
      Jan 19
    • Gilead Sciences / Other BayT8
      Personally, I don't care about this too much yet. The product is really great for the price tag. Even if Tesla is exploiting a loophole/stretching a rule, I would rather deal with this minor annoyance than see Tesla fail as a company.
      Jan 19
    • Microsoft undefined
      It’s typical for it to take a few weeks in Washington, regardless of car manufacturer. Lots of people keep their temp plates on as long as they can to avoid paying tolls. Seattle plate issuing was backed up because of a surge of Tesla sales in the fall, but even then I don’t know of anyone who didn’t get theirs within 3-4 weeks before the temp expired.
      Jan 20
  • Amazon ytg6t
    "TeslaIsEvil" too long a username, OP?
    Jan 19 1
    • Microsoft FBisEvil
      OP
      Lol, Tesla isn’t evil but musk may be. I feel sorry for the employees and the company. He’ll blow it up himself before admitting any mistakes. It’s sad bc I do really like the model s
      Jan 19
  • Microsoft FBisEvil
    OP
    Tesla is now shutting down some service locations. Don’t expect their service problems to improve anytime soon. It sirens out, not having dealerships was a terrible idea.
    Jan 21 2
    • Facebook Dogfart
      Tesla wouldn't have made it through 5 years of they needed dealer networks.
      Jan 21
    • Microsoft FBisEvil
      OP
      When borrowing capital is cheap and you don’t have to actually make any profit you can make bad business decisions and survive. A reckoning will come eventually
      Jan 21

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