Tesla conducting more layoffs, including entire Supercharger team

Re:Tesla conducting more layoffs, including entire Superchar... by citizen_friend on Tuesday April 30, 2024 @10:49AM (#40211552)

Did everyone forget how growth valuations work?

Also that amount was from a contract made in 2018.

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Re:Tesla conducting more layoffs, including entire Superchar... by bunderbunder on Tuesday April 30, 2024 @12:20PM (#40212751)

I don't think I've ever known how growth valuations work.

Sometimes I feel like the person watching the parade and wondering why nobody else is confused by the emperor's choice of attire.

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Re:Tesla conducting more layoffs, including entire Superchar... by citizen_friend on Tuesday April 30, 2024 @10:01PM (#40218731)

Tesla now sells as many cars in a year as it did in its whole lifetime up to 2018.

So that’s why it was worth paying Elon that much. The current sales position is tremendous.

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Re:Tesla conducting more layoffs, including entire Superchar... by svnt on Tuesday April 30, 2024 @11:27PM (#40219185)

The current sales position is 1/6 of Volkswagen.

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Re:Tesla conducting more layoffs, including entire Superchar... by latency-guy2 on Wednesday May 01, 2024 @12:43AM (#40219585)

Tesla outsells Volkswagen 8 - 16x.

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Re:Tesla conducting more layoffs, including entire Superchar... by reitzensteinm on Wednesday May 01, 2024 @06:34AM (#40221526)

https://cleantechnica.com/2024/02/06/tesla-still-1-in-world-...

Worldwide BEV sales 2023:

VW Group - 742k

Tesla - 1,808k

That's 2.5x, how did you get 8-16x?

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Re:Tesla conducting more layoffs, including entire Superchar... by greedo on Wednesday May 01, 2024 @07:09PM (#40230726)

And if you include hybrids and ICE cars, the VW group demolishes Tesla with over 9.24M vehicles sold...

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Re:Tesla conducting more layoffs, including entire Superchar... by latency-guy2 on Wednesday May 01, 2024 @07:53PM (#40231103)

From the US.

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Re:Tesla conducting more layoffs, including entire Superchar... by citizen_friend on Wednesday May 01, 2024 @08:29AM (#40222226)

This is completely irrelevant to the original claim (it’s outrageous for elons bonus to be X percent of every previous car) or my point (nurturing exponential growth is worth burning a lot of early cash flow).

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Re:Tesla conducting more layoffs, including entire Superchar... by bunderbunder on Wednesday May 01, 2024 @11:34AM (#40224753)

It's one thing to say Tesla has been successful. It's quite another thing to say that Tesla's success justifies a market capitalization that is not only the highest in the auto industry, but is greater than the combined market capitalization of the second through fifth automakers.

Despite being the 11th biggest by revenue.

It's true that high-end carmakers seem to get a lot of goodwill valuation simply for being high-end carmakers. But normally not that much.

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Re:Tesla conducting more layoffs, including entire Superchar... by huhuhu111 on Tuesday April 30, 2024 @05:40PM (#40216691)

I knew that he could have reduced the price of these cars... they should cost the same as their ICE car equivalent, or less.

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Re:Tesla conducting more layoffs, including entire Superchar... by talldatethrow on Tuesday April 30, 2024 @08:31PM (#40218167)

That's not how it works. His $55b isn't in cash the company has and could have just charged less for the cars.

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Re:Tesla conducting more layoffs, including entire Superchar... by huhuhu111 on Wednesday May 01, 2024 @01:18AM (#40219757)

they just charge way too much though... it's a bit like Iphones... but both are not appealing to me, specially at a premium price

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Re:Tesla conducting more layoffs, including entire Superchar... by talldatethrow on Wednesday May 08, 2024 @12:15AM (#40294268)

It appears that in general most legacy automakers are losing money on EVs and even plugin hybrids at this point. So I doubt there is that much profit in them currently even in the best of circumstances.

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Re:Tesla conducting more layoffs, including entire Superchar... by m463 on Tuesday April 30, 2024 @06:08PM (#40217023)

stock is a separate product than a car.

investors buy stocks.

customers buy cars.

silicon valley's product is stock.

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