yeah so some of you might have seen this so i want to put the record straight, at no point did elon musk "fight me back" at the recent shareholder meeting, iwasnt even there,
i wanna read this guys book lol
Tesla said it plans to cut 9% of its workforce as part of a restructuring intended to reduce costs and boost profitability.
The layoffs at Elon Musk's electric car company come as it tries to increase production of its Model 3 sedan and turn a quarterly profit this year.
Tesla said the more than 3,000 cuts would affect mostly salaried employees, excluding workers producing its cars.
“I’m deeply grateful for your many contributions to our mission,” wrote Musk, who purchased $24.9 million worth of Tesla shares Tuesday.
karphead posted:haha applied for a job at tesla recently, went through a gauntlet of interviews but they never got back to me - that latest news might have been the reason. pretty sure i dodged a bullet based on everything they were saying about their workloads. i would have thought of it as a job perk to see it come crashing down from within.
This is real dedication to getting the realest rhizzone content to post
sovnarkoman posted:elizabeth holmes fraud trial ASMR
This morning, Musk emailed the entire company again, according to CNBC, to alert them to “another strange incident”: a “small fire” on a production line. There were no injuries, but it stopped production for several hours, according to the email. “Could just be a random event, but as Andy Grove said, ‘Only the paranoid survive,’” the email reads. “Please be on the alert for anything that’s not in the best interests of our company.” CNBC previously reported that the factory’s paint shop has seen at least four fires in the past four years.
https://www.theverge.com/2018/6/18/17476854/tesla-sabotage-elon-musk-email
hmm many 'strange' fires in this notoriously shit factory... keep your eyes peeled for the sneaky saboteur!
Chthonic_Goat_666 posted:lol that's cool. but also my conspiracy-brain is noting how convenient this story is to accusations of unsafe workplace:
This morning, Musk emailed the entire company again, according to CNBC, to alert them to “another strange incident”: a “small fire” on a production line. There were no injuries, but it stopped production for several hours, according to the email. “Could just be a random event, but as Andy Grove said, ‘Only the paranoid survive,’” the email reads. “Please be on the alert for anything that’s not in the best interests of our company.” CNBC previously reported that the factory’s paint shop has seen at least four fires in the past four years.
https://www.theverge.com/2018/6/18/17476854/tesla-sabotage-elon-musk-email
hmm many 'strange' fires in this notoriously shit factory... keep your eyes peeled for the sneaky saboteur!
its probably just that the factory is bad but i think its cool if his workers really are sabotaging him
https://www.cnbc.com/2018/06/18/elon-musk-email-employee-conducted-extensive-and-damaging-sabotage.html
from the email:
As you know, there are a long list of organizations that want Tesla to die. These include Wall Street short-sellers, who have already lost billions of dollars and stand to lose a lot more. Then there are the oil & gas companies, the wealthiest industry in the world — they don't love the idea of Tesla advancing the progress of solar power & electric cars. Don't want to blow your mind, but rumor has it that those companies are sometimes not super nice. Then there are the multitude of big gas/diesel car company competitors. If they're willing to cheat so much about emissions, maybe they're willing to cheat in other ways?
Most of the time, when there is theft of goods, leaking of confidential information, dereliction of duty or outright sabotage, the reason really is something simple like wanting to get back at someone within the company or at the company as a whole. Occasionally, it is much more serious.
Please be extremely vigilant, particularly over the next few weeks as we ramp up the production rate to 5k/week. This is when outside forces have the strongest motivation to stop us.
btw tesla are still producing like 2k model 3s per week, nowhere near 5k yet.
from the peanut gallery, my sleazy advice to Musk would be to make a Russophobic or Sinophobic public statement, and fast
Edited by tears ()
cars posted:it helps to remember that, no matter the facts, the Western business press would probably only ever believe a story like this if the accusation pointed at the Russians, the Chinese or a union they could paint as organized criminials. otherwise it’s just reported as a leak to make the accuser look insane or desperate
from the peanut gallery, my sleazy advice to Musk would be to make a Russophobic or Sinophobic public statement, and fast
after looking at the cambridge analytica documents it turns out that russia was in contact with the saboteur, and also probably discussed the mysterious chemical poisoning with said engineer!!! russia is sabotaging america's greatest innovations at tesla!!!!
tears posted:they'd probably have more chance of hacking you a gibson
sovnarkoman posted:
i can't remember if ive gone over it in this thread already but SolarCity was always a dud, they were crashing when tesla bought them, tesla only merged with them because Musk's cousins were the owners and their wealth was turned from increasingly worthless SolarCity stock into valuable tesla stock. shutting solarcity down was almost inevitable and its no surprise theyre being cut now that tesla are trying to get rid of some excess fat.
the article skims over the nepotism angle here, maybe because they're uncritical, maybe because itd be libelous or w/e, but i think its basically what the lawsuit mentioned is about:
In March, a Delaware judge ruled against a Tesla motion to dismiss a lawsuit by the company’s shareholders over the SolarCity deal. The lawsuit alleged Tesla’s board of directors breached its duties to shareholders by approving the merger.
Edited by Chthonic_Goat_666 ()
https://www.bbc.com/news/technology-44571671
and yes they are suing him:
https://www.bbc.com/news/business-44552555
Chthonic_Goat_666 posted:juicy followup to the "sabotage" story:
https://www.bbc.com/news/technology-44571671
hahahahha wow
The row took a bizarre twist late on Wednesday night when Tesla said it had received a credible threat - from a “friend of Mr Tripp” - that Mr Tripp was “coming to the Gigafactory to ‘shoot the place up’”.
The company said: “Police have been notified and actions are being taken to enhance security at the Gigafactory.”
Local police later said after several hours of investigation they found there to be no “credible threat”.
$100 says the "friend" was musk
cars posted:residential & business-site solar in the U.S. is a daisy chain of industry-lobbyist-designed subsidies from the federal and state governments, and completely insufficient ones. it’s unsupportable without them & they’re total failures at doing what they’re supposed to do, give the effort a push so it will coast out and become profitable, because capitalism sucks at planning ahead. anyone who gets into the business right now is either an idiot whose business will fold in a few years, or a con artist whose business will fold in a few years
got any recommended reading for this stuff?
ialdabaoth posted:try matthew 5:3-12
more like isaiah 28:7-8
cars posted:residential & business-site solar in the U.S. is a daisy chain of industry-lobbyist-designed subsidies from the federal and state governments, and completely insufficient ones. it’s unsupportable without them & they’re total failures at doing what they’re supposed to do, give the effort a push so it will coast out and become profitable, because capitalism sucks at planning ahead. anyone who gets into the business right now is either an idiot whose business will fold in a few years, or a con artist whose business will fold in a few years
probably con artistry with these guys, they werent even making solar panels iirc, just installing. i think the idea was they were essentially loaning people solar panels ("oh you can't afford the full fee for the panels and installation right now? well we'll still install it and you can pay us back over x years at which point the panels becomes yours") then securitising these loans and selling them on to banks or whatever. AND getting huge government subsidies while doing this.
https://www.prnewswire.com/news-releases/solarcity-completes-industrys-first-securitization-of-distributed-solar-loans-300208342.html
although, as always, its hard to tell where the Capitalist True Believer ends and the con-artist begins with a lot of these schemes
Edited by Chthonic_Goat_666 ()
Parenti posted:i actually like the western business press, they talk about class a lot more than the rest of the bourgeois press. obviously in a confrontational role but at least it's acknowledged. they know they're in opposition to me and they admit it
"They hate us, we hate them", and there's an honesty to the business press in that. it can be refreshing in that way. yet there's a Capitalist Optimism which is entirely delusional and misleading. try to find a story that's skeptical about tesla in the mainstream business press before 2016 or so. maintaining these delusions is bad for investors too i think...
Edited by Chthonic_Goat_666 ()
karphead posted:cars posted:residential & business-site solar in the U.S. is a daisy chain of industry-lobbyist-designed subsidies from the federal and state governments, and completely insufficient ones. it’s unsupportable without them & they’re total failures at doing what they’re supposed to do, give the effort a push so it will coast out and become profitable, because capitalism sucks at planning ahead. anyone who gets into the business right now is either an idiot whose business will fold in a few years, or a con artist whose business will fold in a few years
got any recommended reading for this stuff?
not really, i learned it by working for a county government in exchange for tuition money, tracking the laughable numbers from the panels they'd glued to random buildings & being sent to meetings & trade shows & stuff they didn't want to go to themselves
Parenti posted:i actually like the western business press, they talk about class a lot more than the rest of the bourgeois press. obviously in a confrontational role but at least it's acknowledged. they know they're in opposition to me and they admit it
Edited by cars ()