• reddig33@lemmy.world
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    7 months ago

    I’m amazed that the institutional investors are letting Elon continue to slowly destroy Tesla.

      • ashok36@lemmy.world
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        7 months ago

        At this rate, “want” isn’t going to be part of the conversation at all. There’s not going to be anyone left…

      • BedSharkPal
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        7 months ago

        Hence their new project building robotic workers. It’s very clear to me what the end game here is.

        • OhNoMoreLemmy@lemmy.ml
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          7 months ago

          The end game is to scam money out of desperate Tesla fans while pretending that they can build robots that are actually useful.

          Don’t buy into the musk bullshit. If he could replace everyone with robots he would, but he can’t.

  • Jaysyn@kbin.social
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    7 months ago

    Amazes me that Musk & the Board of morons at Tesla are actively causing all this obvious damage to the brand while the shareholder voting is happening.

  • HuddaBudda@kbin.social
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    7 months ago

    When the company you work for is describing its future plans as “4th week of job cuts.”

    That company might be in a death spiral.

    • LanternEverywhere@kbin.social
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      7 months ago

      Employees create your sales. If there’s redundancy in job tasks then firing people can increase profits, but massive layoffs is mainly just reducing output capabilities.

      few people to do work = few profits

      In the span of a year or two this can increase profits because costs have gone down, but pretty soon the company will run out of its backlog and then profits will tank in a way that can’t be recovered from for years

      • dustyData@lemmy.world
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        7 months ago

        Every person you fire without leaving a replacement is a loss of information and institutional knowledge. Like lobotomizing a person. Layoffs kill a company’s ability to perform. Tesla won’t exist as it is know in 2 years. Unlike software, that can continue to exist in a zombie way with whatever was left written run by a skeleton crew. Production companies instead tend to implode.

      • jumjummy@lemmy.world
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        7 months ago

        That company only exists to kill off high speed rail projects in California. Absolute disgrace.

    • drmeanfeel@lemmy.world
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      7 months ago

      Incredibly you still have Musk fans that think SpaceX is somehow different than his plethora of other ego projects. They’d watch him piss into incoming wind and explain how his urine splattered clothes are a 4D business chess move