Bloomberg Technology
Tesla ‘Very Prudent’ to Reduce Staff: Saxo Bank Strategist
Tesla Chief Executive Officer Elon Musk has reportedly said the electric carmaker needs to pause hiring and cut staff by around 10%. Peter Garnry, head of equity and quantitative strategy at Saxo Bank, says “cost cutting is essential” for tech companies in the current market. He speaks with Dani Burger on “Bloomberg Surveillance Early Edition.”…
Bloomberg Technology
Breaking Down Anthropic’s S1 Filing
Bloomberg’s Annabelle Droulers breaks down what investors can learn from Anthropic’s S1 filing, which provides audited figures on the company’s financial fundamentals. ——– Like this video? Subscribe to Bloomberg Tech on YouTube: Watch the latest full episodes of “Bloomberg Tech” with Ed Ludlow here: Get the latest in tech from Silicon Valley and…
Bloomberg Technology
Defense Contractor Anduril Will Build American-Made Laptop With Qualcomm
Anduril Industries and Qualcomm are producing laptops designed and assembled in the US, called BlueChip, to supply critical industries. Ed Ludlow has more on “Bloomberg Open Interest.” ——– Like this video? Subscribe to Bloomberg Tech on YouTube: Watch the latest full episodes of “Bloomberg Tech” with Ed Ludlow here: Get the latest in…
Bloomberg Technology
SoFi Says It’s Well Positioned for Economic Uncertainty
SoFi CEO Anthony Noto says the company’s growth shows it’s better able to handle economic uncertainty. The fintech firm raised its full-year net revenue guidance to about $5.04 billion and saw demand for its lending products grow. Noto joins Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Tech on YouTube: …
Apple Brings M6 Updates to MacBook Pro and iMac Lines
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G
June 3, 2022 at 5:10 pm
Musk getting humbled since announcing his interest to buy Twitter lmao. Can’t criticize Chinese govt lockdowns, so he’s venting his frustration on US employees.
Stefan Baartman
June 3, 2022 at 6:14 pm
Elon wants to make Tesla more efficient, by getting rid of the laggards, ie the least enthusiastic people. Also, he would be pleased to have these people go to companies like VW, Ford, GM, etc. to help them learn “The Tesla Methodology”. Apparently we have reached the ICV peak in terms of demand, so sending these “ambassadors” to the other manufacturers will speed the production and adoption of EVs. Brilliant strategy!. The man thinks very far ahead.
One could think of Tesla as the EV University. Go work there a few years, earn your “Tesla Degree” and then leave to take the knowledge and experience you have gained to one of the Legacy, or other new EV manufacturers. That’s how you change the automotive world!
David Analyst
June 3, 2022 at 9:43 pm
no, its not very prudent for tesla to cut office workers. tesla has more cash than warren buffet, it needs engineers to deliver over a dozen projects already promised by musk, and delaying battery powered projects will not improve tesla, spacez, boring, or even twitter’s profitability
johann wyss
June 4, 2022 at 4:38 am
Once again media lies. One news channel reports on another news channel that reports the same thing on the next news channel and none of them confirm the story or look into the story they just repeat like parrots. Human resource office workers cut. Public relation workers in china cut. Management that wanted to work from home cut. Line workers in Berlin hired.
Line workers and Austin hired.
Amre Amer
June 4, 2022 at 3:00 pm
The stock market is part of the problem