Skip to comments.Tesla to cut 9% of workforce
Posted on 06/12/2018 12:15:13 PM PDT by george76
Electric automaker Tesla is cutting 9% of its employees across the company
Throughout its nearly 15 years of existence, the company has never made a profit,
Tesla will also not be renewing its residential sales agreement with Home Depot, Musk said, opting instead to focus on selling its solar products in its stores and on its website.
(Excerpt) Read more at foxbusiness.com ...
They fired the rest of the Finance department?
Electric cars = joke.
If fossil fuels are not banned or their use forcefully curtailed, Tesla has no chance. The gig is almost up for the con man.
Musk should have invested his time and talent in the mining industry if he’s so intent on developing a coal powered car.
This is electrifying news.
This news will be a real jolt to the auto industry. It is shocking to say the least. The greens will be disappointed in this highly charged political environment.
My guess is those really in the market for said type of vehicle see this too.
The stock is up 3% today and up over 10% the last month.
It’ll be interesting to see more uninformed snarky remarks.
Tesla has added 8000 employees since the beginning of the year. It plans to layoff 4100 mostly management employees.
I don’t get how people seem to actively root for the demise of an American company with such glee and snark.
An American company that takes tons of taxpayer money and lectures us on global warming. Whats not to love?
This is truly SHOCKING news! But we must all keep CURRENT on it - thats how most people are WIRED! But, I am sure all Teslas competitors will get a CHARGE out of it!
“I dont get how people seem to actively root for the demise of an American company with such glee and snark.”
Why aim your response at george76?
He just posted the article.
“The stock is up 3% today and up over 10% the last month. Itll be interesting to see more uninformed snarky remarks.”
You mean like your ignorant remark?
Stock price has little to do with company performance.
For a company that has supposedly a backlog of orders there is no reason to be cutting 9% of the workforce. The workforce should be expanding.
Your evangelizing Tesla is getting old, and very obvious.
The fact is Obama’s illegal EPA made motor vehicle fleet MPG at over 50mpg, so electric cars were thrust on the market. Trump, Thank God he’s president, had his EPA know that crap off and get back to 30mpg.
You mean like your ignorant remark?
Right! Making a factual comment is ignorant, you crazy jerk.
“Making a factual comment is ignorant, you crazy jerk.”
The only crazy here are the ones who cheerlead a company on FR as you do. Your entire life seems to revolve around Tesla. You’re such a thin-skinned little boy that the first non-sycophantic remark made about Tesla and you lose your mind.
For a company that has supposedly a backlog of orders there is no reason to be cutting 9% of the workforce.
I guess you were in such a rush to be a jerk that you missed my comment about Tesla hiring 8000 new people since the beginning of the year, while the planned layoffs amount to 4100, and that it’s going to mostly be management, not production workers.
The stock going up today is a good indication that the layoff news isn’t negative.
Once again, stating facts isn’t ignorance or evangelizing. But it does help to counter idiotic posts such as yours.
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