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Old 15-10-2017, 12:16 AM   #1
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Thumbs up That Tesla thread...

http://www.mercurynews.com/2017/10/13/4819750/ In any event it doesn't sound like a nice company to work for,

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PALO ALTO – Tesla fired hundreds of workers this week, including engineers, managers and factory workers, even as the company struggles to expand its manufacturing and product line.

The dismissals come at a crucial point for the company, which is pushing to increase vehicle production five-fold and reach a broader market with its new Model 3 sedan. The electric vehicle maker missed targets for producing the lower-cost sedan, manufacturing only 260 last quarter despite a wait list of more than 450,000 customers.

The company said this week’s dismissals were the result of a company-wide annual review, and insisted they were not layoffs. Some workers received promotions and bonuses, and the company expects to hire for the “vast majority” of new vacancies, a spokesman said.

“As with any company, especially one of over 33,000 employees, performance reviews also occasionally result in employee departures,” a spokesman said. “Tesla is continuing to grow and hire new employees around the world.”

In multiple interviews, former and current employees told this news organization little or no warning preceded the dismissals. The workers interviewed include trained engineers working on vehicle design and production, a supervisor and factory employees.

Workers estimated between 400 and 700 employees have been fired. Tesla refused to say how many employees were let go, although the company expects employee turnover to be similar to last year’s attrition.

The spokesman said most of the dismissals were administrative and sales positions, and outside of manufacturing. Tesla employs about 10,000 workers at its Fremont factory.

Workers spoke on the condition of anonymity because they feared reprisals from the company. Employees said the firings have lowered morale through many departments. Several said Model X, Model S and former SolarCity operations seemed to be targeted.

Juan Maldonado, a production worker, felt the tap on his shoulder on Thursday. He worked at Tesla for nearly four years, and said he heard about 60 other workers in his section of the factory were dismissed.

Maldonado, 48, said he ran late for work twice in recent months, but thought he had straightened things out with his supervisor. Now, he said, “I’m going to try to find a job.”

CEO Elon Musk said factory output will increase production to a half-million electric vehicles in 2018. The company expects to deliver about 100,000 vehicles this year.

Musk has told investors the company is focused on Model 3 production and expects to eventually build 10,000 cars a week. The manufacturing will become highly automated, but Musk told investors during the early ramp up he expected high overtime costs.

He also joked to employees they would be going through “production hell” to meet demand for the new car. The company said recently a manufacturing bottleneck caused it to fall far short of its goal to produce 1,500 Model 3s in the quarter.

The company has also started to cut some former SolarCity operations, which were acquired by Tesla last year. In August, Tesla told state regulators it would layoff 63 workers in Roseville, including sales and administrative staff. Tesla lost $336 million in the second quarter.

This week’s dismissals have not been reported to the state Employment Development Department, a spokeswoman said. The state generally requires companies to report layoffs of more than 50 employees in a 30-day period.

Tesla said the performance-based departures were not considered layoffs and not subject to state notifications. It also said the moves have generally boosted worker morale, as high-performing employees have been rewarded.

The clean energy company — maker of luxury electric vehicles, battery storage and solar roofs — has failed to post an annual profit even as its stock has soared on promises of revolutionary products. About 450,000 customers have placed $1,000 deposits for the Model 3.

Tesla has faced ongoing discontent from some factory workers, who have complained about work conditions and wages below the auto industry average.

Tesla has a hearing before the National Labor Relations Board in November for charges that company supervisors and security guards harassed workers distributing union literature. Tesla denied the accusations.

Openly pro-union workers were among those fired this week. Some believe they were targeted.

The company denied union activities played a role in the dismissals.

Michael Harley, managing editor at Kelley Blue Book and Autotrader, thought the dismissals could be an effort to improve vehicle production.

“It’s no secret that Tesla’s Model 3 development and ramp-up for production has been derailed,” Harley said. “A major change in staff – whether dismissal or layoff – is an indication that there is an upper level movement to put the train back on the tracks.”
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Old 15-10-2017, 01:09 AM   #2
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Default Re: Are the cracks starting to appear in the Tesla empire?

Looks like a company that's done a performance review and found some dead wood.
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Old 15-10-2017, 08:20 AM   #3
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Default Re: Are the cracks starting to appear in the Tesla empire?

400 out of 33000. Move on nothing to see
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Old 15-10-2017, 10:56 AM   #4
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Default Re: Are the cracks starting to appear in the Tesla empire?

Look at some of the other issues, Tesla is currently producing 200 Model X per month with 200,000 - 400,000 on their order books. If you're patient you'll have your model X sometime in the next 49-98 years.

Musk's strategy is a bigger announcement after the previous big announcement. Resembles a Pyramid selling scheme, or continually doubling your bet on the next bet, hoping for a win.

Tesla lost $336 million in the second quarter. This is not sustainable, tick tock tick tock ... kaboom!
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Old 15-10-2017, 10:58 AM   #5
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Default Re: Are the cracks starting to appear in the Tesla empire?

Musk and Tesla like to blame others for not achieving an impossible ramp up in production.
It's very different when you play with the big boys of auto production, lots of small things
can stop even the most experienced production team.
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Old 15-10-2017, 10:59 AM   #6
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Looks like a company that's done a performance review and found some dead wood.
Reminds me of the time I was working at IBM, management were continually looking at reducing costs. Someone suggested they sack all the employees (as we were the biggest cost), all that would be left is profit...
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Old 15-10-2017, 11:29 AM   #7
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Default Re: Are the cracks starting to appear in the Tesla empire?

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Look at some of the other issues, Tesla is currently producing 200 Model X per month with 200,000 - 400,000 on their order books. If you're patient you'll have your model X sometime in the next 49-98 years.

Musk's strategy is a bigger announcement after the previous big announcement. Resembles a Pyramid selling scheme, or continually doubling your bet on the next bet, hoping for a win.

Tesla lost $336 million in the second quarter. This is not sustainable, tick tock tick tock ... kaboom!
Tesla needs to out source production on some models in a joint venture with an established Korean, Chinese or Japanese auto manufacturer and just stick to producing the batteries and related technologies IMO.

As the saying goes... "Half a loaf ... Is better than none"
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Old 15-10-2017, 12:16 PM   #8
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Default Re: Are the cracks starting to appear in the Tesla empire?

Musk would never agree to that, he's out to show established car makers that his start up is the future.
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Old 15-10-2017, 12:21 PM   #9
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Musk would never agree to that, he's out to show established car makers that his start up is the future.
Well, he better get cracking and fast... As he is not the only car manufacturer building or looking to produce electric cars.

Every car manufacturer knows the days of the fossil fuelled combustion engine is numbered and electric is the future of motoring for the masses.

There is no guarantee that Tesla will be the leading electric car maker in future years, especially against the more established and deep pocketed traditional vehicle producers.
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Old 15-10-2017, 12:37 PM   #10
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Default Re: Are the cracks starting to appear in the Tesla empire?

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Well, he better get cracking and fast... As he is not the only car manufacturer building or looking to produce electric cars.

Every car manufacturer knows the days of the fossil fuelled combustion engine is numbered and electric is the future of motoring for the masses.

There is no guarantee that Tesla will be the leading electric car maker in future years, especially against the more established and deep pocketed traditional vehicle producers.
Maybe so but right now,
Tesla and Musk have that weird charisma that simply allures people to invest and 500,000 buyers to make deposits.
I can see this lingering on and on until Tesla finally ramps up production but nothing like promised...

Edit,
and what that does is delays, desperately needed revenue and profit to self fund ramp up of the 3
and the other products planned, Musk will go back to investors to sell more stock, but how many times?
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Old 15-10-2017, 12:45 PM   #11
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Maybe so but right now,
Tesla and Musk have that weird charisma that simply allures people to invest and 500,000 buyers to make deposits.
Yep, totally agree with you on that.
It's bit like Apple and iPhones .... Certainly not the best phone on the market but Apple products do have that trendiness and fashion aspect that allure especially the younger generations.
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Old 15-10-2017, 12:48 PM   #12
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Default Re: Are the cracks starting to appear in the Tesla empire?

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Well, he better get cracking and fast... As he is not the only car manufacturer building or looking to produce electric cars.

Every car manufacturer knows the days of the fossil fuelled combustion engine is numbered and electric is the future of motoring for the masses.

There is no guarantee that Tesla will be the leading electric car maker in future years, especially against the more established and deep pocketed traditional vehicle producers.
Tesla is not now - and never will be ... http://www.afr.com/business/transpor...0170517-gw6wa1
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Old 15-10-2017, 01:59 PM   #13
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I can see Automotive manufacturers introducing their own autonomous petrol powered fleets that provide a ride sharing platform before EVs truely get off the ground...............also good bye uber.

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Old 15-10-2017, 03:26 PM   #14
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Or hello Uber driverless ....
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Old 15-10-2017, 04:31 PM   #15
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Yep, totally agree with you on that.
It's bit like Apple and iPhones .... Certainly not the best phone on the market but Apple products do have that trendiness and fashion aspect that allure especially the younger generations. a great marketing dept
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Old 15-10-2017, 06:12 PM   #16
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400 out of 33000. Move on nothing to see
I heard on the news it was more like 800 out of 10,000.

The 33,000 number is the sum of all of musks operations.

Who knows...
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Old 15-10-2017, 06:22 PM   #17
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Maybe a stupid idea but maybe some of currently available manufacturing capacity in Australia could of been used to produce Tesla cars .
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Old 15-10-2017, 06:26 PM   #18
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I heard on the news it was more like 800 out of 10,000.

The 33,000 number is the sum of all of musks operations.

Who knows...
I heard 800 of 10,000 as well.
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Old 15-10-2017, 07:30 PM   #19
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Maybe a stupid idea but maybe some of currently available manufacturing capacity in Australia could of been used to produce Tesla cars .
Not a stupid idea. That would be a smart move. But, unfortunately the Government would screw the deal up and nothing would happen.

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Old 15-10-2017, 08:03 PM   #20
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Maybe a stupid idea but maybe some of currently available manufacturing capacity in Australia could of been used to produce Tesla cars .
Australian wages are too high, why would they look to Australia to manufacture anything? Our last factories have just shut down 'cause our labour costs are not sustainable to produce anything from this country.

How ya'll feelin' about our 'economic growth' and 'rich country' status now? I feel like the country is filled with people with no foresight.
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Old 15-10-2017, 08:05 PM   #21
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Burning through $13million a day with nothing to show for it, yet people fall over themselves to invest and the US government continues to fund it? It's a strange world we live in. Tesla has a market value of close to $60billion, they make no money. Ford is worth less than $50billion and they actually turn a profit
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Old 15-10-2017, 08:26 PM   #22
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Look at some of the other issues, Tesla is currently producing 200 Model X per month with 200,000 - 400,000 on their order books. If you're patient you'll have your model X sometime in the next 49-98 years.

Musk's strategy is a bigger announcement after the previous big announcement. Resembles a Pyramid selling scheme, or continually doubling your bet on the next bet, hoping for a win.

Tesla lost $336 million in the second quarter. This is not sustainable, tick tock tick tock ... kaboom!
Apparently the model x had a recall issued today too.

Ouch.
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Old 15-10-2017, 09:16 PM   #23
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Australian wages are too high, why would they look to Australia to manufacture anything? Our last factories have just shut down 'cause our labour costs are not sustainable to produce anything from this country.

How ya'll feelin' about our 'economic growth' and 'rich country' status now? I feel like the country is filled with people with no foresight.

Absolute utter rubbish. Stop believing the rubbish Rupert Murdock propaganda news. Labour costs only make up a minor fraction of the cost to build a car. There is more labour costs in selling a car than building it. Very "high labour cost" countries like France, Italy, Germany, UK, USA, Japan and South Korea have well functioning auto industries. Get the facts rights before believing political bull****.

Last edited by GasoLane; 16-10-2017 at 04:53 PM. Reason: Don't try to avoid the censor
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Old 15-10-2017, 10:02 PM   #24
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Why the hate for Tesla ?
We saw the electric cars from the established auto makers and tbh, they were boring af.

Tesla showed us that electric cars need not be boring as evidenced by 0-60mph in 2.28seconds.....

I thought Aussies typically get behind the under dogs.
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Old 15-10-2017, 10:36 PM   #25
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Musk and Tesla like to blame others for not achieving an impossible ramp up in production.
It's very different when you play with the big boys of auto production, lots of small things
can stop even the most experienced production team.
My years as a quality engineer have a number of experiences with customer assembly lines being stopped due to the most minor issues.
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Old 16-10-2017, 06:10 AM   #26
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Why the hate for Tesla ?
We saw the electric cars from the established auto makers and tbh, they were boring af.

Tesla showed us that electric cars need not be boring as evidenced by 0-60mph in 2.28seconds.....

I thought Aussies typically get behind the under dogs.
It's not the products, it's the way the company is being run.

Tesla is surviving on the Charisma of Musk and his constant promises.
whenever he runs short of cash, it's back to selling stock.

See, after seven years, Tesla still can't self fund product and
can't build enough cars to increase its revenue stream to do so.

Tesla developed the image of a high class performance EV that sold at
very exclusive prices to the wealthy, and now its trying to make and sell
450,000 cars at less than half that price. I'm sure that a fair portion of the
people who laid down a deposit for the 3 did so thinking it's better than it
actually is.
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Old 16-10-2017, 08:21 AM   #27
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Absolute utter rubbish. Stop believing the rubbish Rupert Murdock propaganda news. Labour costs only make up a minor fraction of the cost to build a car. There is more labour costs in selling a car than building it. Very "high labour cost" countries like France, Italy, Germany, UK, USA, Japan and South Korea have well functioning auto industries. Get the facts rights before believing political bullsh1t.
A rather caustic reply ... but I think you've let your political views cloud your reasoning.

Thailand car assembly line workers are paid about $6 an hour or about $12,500 per annum, while the average annual Australian car manufacturing worker wage is about $69,000. At over 450% higher Australian labour cost, one could hardly call that a "minor fraction of a cost to build a car".

Import tariff reductions introduced way back by Labor Senator Button (and supported by both sides of politics across the past three decades), accelerated the demise of car manufacturing in Australia. As the tariffs were removed, imported cars got cheaper which make Australian-made cars less appealing. But the Free Trade Deal with Thailand, introduced in 2005 hammered the final nail in the coffin.

And as for ... " Very high labour cost countries like France, Italy, Germany, UK, USA, Japan and South Korea have well functioning auto industries." ... they also have "very high" populations to support it. But even so, they are now moving assemblies of their lower end models to Asia to lower build costs. Audi, BMW and Mercedes-Benz all build cars in China.
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Old 16-10-2017, 08:36 AM   #28
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Default Re: Are the cracks starting to appear in the Tesla empire?

This reminds me of the DeLorean only 40 years in the future.
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Old 16-10-2017, 08:55 AM   #29
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I hope the South Australian government haven't paid too much in advance for their "big battery"...
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Old 16-10-2017, 03:45 PM   #30
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Default Re: Are the cracks starting to appear in the Tesla empire?

Snake oil salesman. Only ever made a profit once, and it was tiny. And with most other manufacturers bringing out electric vehicles their share will only shrink. You'd have to be stupid to be an investor now.
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