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Tesla to lay off everyone working on Superchargers, new vehicles
(arstechnica.com)
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this post was submitted on 30 Apr 2024
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What’s Tesla’s USP to an investor now? The supercharger ‘lock in’ and early head start at the EV game are Tesla’s biggest boons, but the former appears to have been gutted and the latter has been squandered on a slow model release schedule
If the Tesla Board had any responsibilities at all, it was to prevent this by ejecting Elmo. They chose to not.
It is now time to stick a fork in it. Billionaires - Away!
Are they going to give him his $60B bonus now?
The shareholders need to start calling out the clear bias of the boards constitution. Vanguard and iShares combined hold more shares than Elon does. It's clearly doable, it's just time for some adults in the room. If you hold Vanguard and iShares etfs in your accounts, don't be afraid to let them know this.
So is the implication that he's just going to source all those things from a Chinese company? Basically the next Tesla and chargers will just be rebadged BYDs or whatever?
It could be as simple as securing more/better access to China’s significant rare earth deposits that batteries need. Could also be signs that Tesla is offshoring or pushing harder into China’s domestic market, but they’re way behind there
Mercedes fsd is pretty bad tho, it's full self driving basically for marketing reasons. Following one geofenced highway without a problems is not close to full self driving. It does basically what tesla autopilot does but a little better. Not even better in some cases because if I recall correctly it can't change lanes automatically. Sooo just a marketing from their side
Worldwide food shortages are pretty likely this year, but sure, care about "investors"
I actually don’t care about individual investors, beyond the implications for the broader ‘economy’ if the Tesla bubble bursts. But given how absurd the market cap for Tesla is compared to the traditional automakers, when this hype train stops picking up ~~speed~~ more rubes, the rest of us need it to coast down gradually, not crash and burn.
Got it, investing in food.