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Tesla to cut 14,000 jobs as Elon Musk aims to make carmaker ‘lean and hungry’
The Guardian ^ | 4/15/2024 | The Guardian

Posted on 04/15/2024 4:10:39 PM PDT by PhillyPhreeper

Tesla is laying off more than 10% of its global workforce, equivalent to at least 14,000 roles, as the electric carmaker reacts to slowing demand and pressure on prices.

The chief executive, Elon Musk, announced “the difficult decision” in a memo first reported by the online publication Elektrek. Tesla employs 140,473 people, according to its annual report.

(Excerpt) Read more at theguardian.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: economy; ev; tesla
More at The Guardian
1 posted on 04/15/2024 4:10:39 PM PDT by PhillyPhreeper
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To: PhillyPhreeper

Elon needs a bigger bonus


2 posted on 04/15/2024 4:12:57 PM PDT by NWFree (Sigma male 🤪)
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To: PhillyPhreeper

I honestly think he is addicted to some sort of drug now


3 posted on 04/15/2024 4:23:15 PM PDT by TexasFreeper2009
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To: PhillyPhreeper

When workers with full time jobs and often with families lose their jobs it definitely leads to hunger.

In Michigan when the US auto industry died it caused all the places involved to die. Wait staff at the restaurants across the street, the gas stations for workers, the movie theaters and retail stores all lost jobs when the auto plants shut down. The Big Three even canceled the billboard ads inside the Detroit Tigers’ Comercia Park. Couldn’t afford them.


4 posted on 04/15/2024 4:24:55 PM PDT by frank ballenger (There's a battle outside and it's raging. It'll soon shake your windows and rattle your walls.)
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To: PhillyPhreeper

The Left hates Musk and are trying to hurt him by not buying Teslas.

With their not buying Teslas, they are not hurting Musk, they are hurting the workers.


5 posted on 04/15/2024 4:42:23 PM PDT by Round Earther
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To: PhillyPhreeper
Tesla to cut 14,000 jobs

They should have gotten government jobs...It's nearly impossible to get fired. ☺

6 posted on 04/15/2024 4:55:57 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: PhillyPhreeper

I think Musk wants Tesla to be one of the “Big 3” auto manufacturers - in reality, it is a niche model and will be that way for a while to come.


7 posted on 04/15/2024 4:58:27 PM PDT by Tipllub
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To: Round Earther

That may be part but people are learning that today’s EVs aren’t the solution. There was an article about someone on the east coast spending 3 hours at a charger at a cost around $100 & only getting half full because a lot of the charge was going to keeping him warm while it charged.


8 posted on 04/15/2024 5:30:07 PM PDT by Mean Daddy (Every time Hillary lies, a demon gets its wings. - Windflier)
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To: PhillyPhreeper

I could’ve had a V8!!!!!


9 posted on 04/15/2024 6:16:44 PM PDT by fishtank (The denial of original sin is the root of liberalism.)
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To: fishtank

https://www.thedrive.com/news/43394/worlds-first-v8-swapped-tesla-model-s-is-officially-on-the-road


10 posted on 04/15/2024 6:18:19 PM PDT by fishtank (The denial of original sin is the root of liberalism.)
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To: fishtank

“I could’ve had a V8!!!!!”

Excellent.


11 posted on 04/15/2024 6:35:47 PM PDT by SharpRightTurn (“Giving money & power to government is like giving whiskey & car keys to teenage boys” P.J. O’Rourke)
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To: Tipllub
"I think Musk wants Tesla to be one of the “Big 3” auto manufacturers - in reality, it is a niche model and will be that way for a while to come."

Try again!


12 posted on 04/16/2024 6:07:33 PM PDT by TexasGator
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To: TexasGator

Wow.

That graphic sure knows how to skew the true rankings.

Toyota demolishes Tesla and Tesla claims victory….
And 5 out of 4 people are too stupid to see it.


13 posted on 04/18/2024 2:42:53 PM PDT by fishtank (The denial of original sin is the root of liberalism.)
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