https://www.cnbc.com/2020/04/08/tesla-will-slash-employee-pay-furlough-hourly-workers.html thoughts? on the one hand hard time and TSLA is not making a profit as is on the other hand a bit of a dick move for employees
I wish Bird was this nice, instead of simply laying everyone off.
It's worse - For the merit review cycle: Salary and hourly rate adjustments will be put on hold. Equity grants will be on hold as well.
What would happen if the FAANG companies do this?!
Good thing FAANG doesn’t incur heavy capital expenditures for hardware (other than Apple), huh?
True but they have high fixed expenditures with high employee count and their travel, retail, hospitality, energy, financial, startups,...etc customers etc are collapsing faster than they can react!
Why cant i sell my already vested shares?
Lol. You want to see the real news? This - his scammy and partner in crime Brother literally stealing employees fund after laying them Off. Whole family is a scum https://www.huffpost.com/entry/kimbal-musk-next-door-restaurants-coronavirus_n_5e8ccb32c5b62459a9302dbb
SAP, I've seen your comments in a few posts, clearly you hate Tesla or anything remotely associated to them. Short seller spotted?
Calling out the facts are always get you called as short seller. You know what’s another fact? Short sellers are very much needed in markets. Luckin coffee fraud didn’t happen overnight. Famous short sellers told public months ago about Luckin being a fraud. The same thing happened with madoff , Lehman (when short sellers called out that Lehman is having a precarious situation) and so did with Enron , Valeant Pharma. All of them were frauds. And all of them were called out way early to public by short sellers. Problem is all scumbag fraudster attack short sellers. Lehman ceo attacked shortseller days before the truth came out and it collapsed. So did Enron CEO. and so did Valeant Pharma CEO. and you know who does it same? Your fraud ceo. Every fraudster has the same pattern. They create a narrative that short sellers are evil. When it’s short sellers who tell the public way before how the company is a fraud. Every single time. You want to know who is a decent ceo who is not running a fraud? Netflix Ceo. Go read his letter to short sellers when short sellers were attacking his company. He wrote a beautiful letter to them not attacking them but answering to every question shortseler raised on balance sheet and business. That’s called a real person trying to run an honest enterprise. It’s a scumbag fraudster who is afraid of his fraud getting exposed who starts attacking short sellers so that they don’t get attention But I don’t expect any Tesla employee to get it. The very fact u work at Tesla shows u how entrenched in lie and deception u have become. Your CEO is just spreading mistruths about short sellers to create a narrative against them. He spreads mistruth about ICE companies. Do U know buddy most of the innovation to mitigate oil and fossil fuel polluting is done by Exxon Mobil and other companies? BEV are the most useless thing to buy. Doesn’t save any planet. You built a tonne of battery by striping earth of its rare materials. Kids die in Congo to do that mining for it Then the amount of fossil fuel you use to build those batteries and then charge ur greenwashjng cars by guess what fossil fuel powered grid. All this while when 80% of the Tesla owners also take tax credit when most of them earn more than 100-150k salary. But they don’t mind squeezing that poor person who makes under 50k , pays taxes and won’t be able to ever afford such a luxury priced vehicle but her tax is also getting as subsidies to u greenwashing scums. If you really want to drive EV have the shame to not take tax credit. Your ceo throws all these narratives while havjng never made a single dime of money in any year last 17 yrs. but has taken billions of tax payers subsidies. Free gigafsfory land. $1B money paid by NYS for Buffalo factory where nothing is happening. Solar city pure scam. All EV credits taken from govt. While himself flying in private jet for his pleasure and living in 5 mansions. But asking ppl to save planet and humanity and scrweing the same humans on this planet. Forcing workers to go to factory risk their lives. And when factory closed immediately laying them off. You are nothing but a scumbag yourself if all these facts is something which you very easily ignore. Shame on u then.
Are the employees still working or everything stopped?
Do they cut for engineers as well?
The salary cut is for eng
I am planning to buy Tesla shares.. how low will you guys think it will go when we hit a recession or slowdown?
I hope you bought it a few days ago because it’s been going up!
Not yet.. I think it will go down as recession kicks in...
"The coronavirus panic is dumb"
Elon is dumb. So are all the people who view him as their God.
eLoN iS geNious. hE mAke vaNTitlaTor.