Bloomberg Technology
Tesla to Cut Over 10% of Global Workforce
Tesla is slashing headcount by more than 10%, part of a global retrenchment extending all the way into its executive ranks as the carmaker struggles with slowing demand for electric vehicles. Bloomberg’s Craig Trudell joins Ed Ludlow and Caroline Hyde on “Bloomberg Technology.”
@himanshuhazarika7185
April 15, 2024 at 2:13 pm
First viewer
@IRENE-iv4xl
April 15, 2024 at 2:13 pm
Cobalt. 👍🏿
@jimbojimbo6873
April 15, 2024 at 4:43 pm
Lmao no
@stephenshuman1
April 15, 2024 at 2:15 pm
Ahhh the Tesla robots are coming!
@hahtos
April 15, 2024 at 2:34 pm
Rats are starting to leave the ship and cash their stock before the collapse
@phuck_your_vachina
April 15, 2024 at 3:09 pm
😂😂😂😂😂😂 not true. It’s the buy time so 🤫
@icepl4net
April 15, 2024 at 4:42 pm
Elon is starting to use their robots ..
@bobbybishop5662
April 15, 2024 at 10:31 pm
@@phuck_your_vachinaOnly a birdbrain would ignore all the red flags waving over Tesla stock , the worst performer on the S&P. There many better options than Tesla
@RogerM88
April 15, 2024 at 3:11 pm
While the fanboys are holding the bag buying the dip, not a surprise many Investors with inside info are unloading their shares.
@RogerM88
April 15, 2024 at 3:12 pm
Tesla should drop the Semi as the Cybertruck, and focus on their Model Y platform, offering the Model 2, a Van, and a light duty Pick-up.
@phuck_your_vachina
April 15, 2024 at 5:24 pm
Just a regular dude telling Tesla what to do 🤣😂🤣😂
@sundog6820
April 15, 2024 at 8:46 pm
legit, but much of the issue for me is they designs look so bad until you’re behind the wheel I don’t think they can make a car I’d wanna be seen in
@throughtheendlessinertia1915
April 15, 2024 at 3:19 pm
How is it that all these big tech companies which make up so much of the values of the markets are all cutting major amounts of their workforce meanwhile the employment numbers are skyrocketing. Is it all these government jobs? And one has to wonder how productive really are those government jobs.
@bobbybishop5662
April 15, 2024 at 10:28 pm
Tesla is a car company .
@123batina
April 16, 2024 at 9:34 am
1) Tesla is not tech company. Tech companies presume infinite scalability in almost zero time and negligible costs. Take Meta as example. They can add 1M more users in few minutes by instancing several more servers to run their requests. Tesla needs to scale by building more factories and employing more ppl.
2) Tech companies grew too large due to covid and alot of ppl employed to somehow “patch the numbers” were sub par. Now they are scaling back.
3) Tech companies employ relatively small number of total ppl.
4) Its not government jobs. Its services. Services sector got decimated due to covid. They switched professions or “died trying”. As market recovered alot of them decided not to return to a sector that screwed them over HARD few years ago.
@DavidSlepuha
April 15, 2024 at 6:36 pm
>I have about 5% of my portifolio in AAPL stock, any advice on any other that I can grow my $200 k capital to a million dollars?
@KostyaHonex75
April 15, 2024 at 6:37 pm
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April 15, 2024 at 6:38 pm
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@bobbybishop5662
April 15, 2024 at 10:27 pm
Don’t ask for investment advise from You Tube chat is a good place to start.
@Whatisthisstupidfinghandle
April 15, 2024 at 8:41 pm
They messed up and didn’t lay off the one employee they needed to
@davidkirinic9463
April 16, 2024 at 2:37 pm
Musk?
@Whatisthisstupidfinghandle
April 15, 2024 at 8:41 pm
Cybertrucks rust if you look at them wrong 😂
@Nora-ei4ph
April 15, 2024 at 9:16 pm
Elon Musk got $$$ billions in USA 🇺🇸 Gov subsidies from working taxpayers! Kleptocracy!
@jacobrocks7
April 15, 2024 at 9:46 pm
Tesla EVs are not innovative. They will soon be decimated in China where they cannot compete
@cemdogansahin
April 16, 2024 at 12:49 am
TSLA is going to bankrupt soon thanks to Mr. Freespeech.
@asymmetry9988
April 16, 2024 at 7:30 am
No sensible person wants an electric car. They are a waste of money and resources. And this is a cowardly way to let people go. Fu*k Tesla.
@normanoro206
April 16, 2024 at 4:48 pm
Though regrettable, the job cuts at Tesla aren’t surprising given cooling (though still arguably robust) adoption of electric vehicles, as well as pricing pressure from rival EV manufacturers, particularly ones based in China. As for Tesla possibly entering the robotaxi market, I think autonomous taxis will eventually become commonplace; however, it probably won’t happen as quickly as many envision. This is for good reason. There have been issues with robotaxis getting into accidents, causing traffic jams and even severely injuring pedestrians. Although the technology is apparently continuously improving, people are understandably wary of these cars being on their city streets. Some have even gone so far as to vandalize them for no apparent reason. And of course, there’s also concern regarding robotaxis displacing human drivers. Given all this, I think it’s natural to wonder why Tesla is possibly entering the robotaxi arena now. I’m not an expert on robotaxis, but the value proposition of automated taxis doesn’t seem particularly compelling to me in light of the reputation risk and capital expenditures involved. Possibly, it’s a question of creating a foothold in the market as a hedge in case usage of robotaxis begins rivaling the use of private automobiles, even electric ones equipped with on-demand autonomous driving. To the extent that there are still untapped economies of scale to building EVs, entering the robotaxi market may help Tesla with this also. From a data and technology perspective, entering the market can’t hurt in terms of collecting data and developing technologies that’ll improve the autonomous capabilities of existing Teslas (the reverse also holds). There are probably many other so-called economies of scope between EVs and robotaxis because the end product (potentially) is precisely the same, with the only real differences being who owns the vehicle, how it’s used and the level of autonomy that it’s granted.