Yeah but you actually work and do stuff that benefits other people. You provide actual value.
Yeah but you actually work and do stuff that benefits other people. You provide actual value.
The shareholders need more value, don't you see? They require heavy dividends and capital gains to maintain their idle lifestyle. Paying employees too much money can be expensive and set a dangerous precedent.
For real - they’re selling First Edition Land Cruisers for nearly EIGHTY thousand dollars and they still can’t pay a competitive wage? Something’s not right.
Pretty sure that’s chump change compared to what he’s getting under the table from his right-wing sponsors.
What there is a shortage of is good pay and being treated well by a company.
Given how corrupt Judge Thomas is, where’s the surprise? After all, we’re talking about a POS who refuses to recuse himself from court cases involving the January 6th insurrection and when you consider how his wife was directly involved in the Jan 6th riot, think how ethically deranged you have to be to not do the…
I really hope you are right. And good point about him possibly being a sales killer...we are in the Tesla demographic, but would never, ever buy one so long as his name is associated with the company. And in fact he might have killed any sale permanently, as even if he were to leave, I’d need a good 5 to 10 years of…
Anyone with $1b in net worth can only be continuing to work for pure ego. that’s private jet and yacht money, do whatever the hell you want money, for the rest of your life. Why anyone would continue to work and stress and be under the public microscope after acquiring that much wealth is well beyond my comprehension.
Just when you thought Musky couldn't get more pathetic.
Elmo is possibly the biggest baby in the world. Anticipating he won’t get his $55 billion payday, he’s decided to throw his toys out of the pram and throw a tantrum (firing essential staff, killing future product, focusing on shiny unproven AI at the expense of updating current product).
I don’t have any shares either. What I do have is popcorn in the microwave.
A billionaire demanding a $55 billion bonus after firing tens of thousands of workers as his company crashes and burns is the probably most American thing I’ve ever read. Someone needs to write a poem about this, put it to music, and it should become our new National Anthem.
I don’t own any shares in the company personally, nor by proxy as far as I know, and I certainly don’t own an electric vehicle, let alone a Tesla, but all of these moves seem like a desperation ploy by Elon to cash out *right fucking now*. Like, everything is about to fall off a cliff in the most financially…
I think they are basically taking all their EV related revenue minus EV spend and simply dividing it by the number of EVs sold. There is no real amortizing, depreciating, or any other sort of cost spreading major expenses like R&D, NRE, Capex, materials, labor, etc that are often substantial at during early phases of…
He really doesn’t. Tesla has pretty much stopped devoting efforts and resources to any kind of innovation or new products. They dumped everything into the disastrous Cybertruck, and now Musk is just trying to squeeze as much out of the short term as possible to justify his ridiculously inflated compensation package.
Now, an exec departing from the American electric vehicle maker has questioned the “long game” behind boss Elon Musk’s cuts at the automaker.
There is no “long game” at Tesla anymore, just whatever insane thing pops into Muskrat’s brain while on his latest ketamine binge. At this point I wouldn’t be surprised if his office had a secret room where he stockpiles piss jars.
Exactly. The ones left are the “organizational cockroaches”, who have been around long enough to hew their survival skills to a fine art. The newer and smarter people have already left or are being thrown out.
“I keep waiting for Elon to send another email and tell us they’re finally done firing people,” one current Tesla worker, who requested anonymity to speak on the conditions of their employment, said. “We need some level of closure or a sign that we can stop worrying about losing our jobs.”