Something Weird is Happening At Tesla...
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- Опубликовано: 27 май 2024
- Tesla is making headlines for all of the wrong reasons... Is there a method to Elon Musk's madness?
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I was part of the recent layoffs at Tesla and this bites hard. Grateful that I kept some savings north of 300k tho! Now I am looking for ways to allocate this into my portfolio to generate good dividends to supplement for my monthly expenses.
I believe a healthy portfolio has 3 things, at the bare minimum: Exposure to ETFs for increased diversification, Exposure to assets that generate cash flow like dividend stocks, Exposure to market-leading tech.
you need a certified financial planner straight up! personally, I invest in ETF's and also love investing in individual stocks. yes it’s riskier but am comfortable in my financial environment
Right, a lot of folks downplay the role of advisors until being burnt by their emotions, no offense. During the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my portfolio has grown by 25% every quarter since Q3 2020.
That's actually quite impressive!! I could use some Info on your investment adviser, I am looking to make a change on my finances this year as well.
*Kristin Amber Landis* has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you check her out if you want excellent collaboration
When giga Texas came on line I made the choice to move from California and career change. Ten k later I moved to Manor Texas got a job at Tesla worked hard and on time for two months three weeks. When I got an email from them. Not even a call letting me know I was no longer needed. Me and about twenty people. For no reason what's so ever . None Tesla would give. I personally don't think it was Elon or upper management. But I absolutely lost all respect for Tesla and the mindset there. I wish them the best but don't go working for them. Their loyalty is the dollar and you are just a tool to that company.
Sadly that has been the case for a while now. Employees and even customers in some cases have taken a back seat to investor profits. I remember I worked as a Federal Employee as a painter at West Point Military Academy during the mid 70's, supposed to be a very secure job. Within several years of working there the employees were systematically replaced with contractors and the quality of the appearance of the jobs suffered tremendously.
they are a public company and also the target of plenty of lawsuits from shareholders. if they don't cut staff and decrease expenses they would for sure be sued by some law firm representing some number of shareholders . could also be lawsuits from institutional investors who hold a huge chunk of shares. their revenue is going down even if they maintain sales due to pricing competition particularly in china.
If you are from the HR/Legal world days, the new norm is not to give any reason. But the reason is clearly out there. Diminished demand, stiffer competition, lower margins….the initial EV buyer pool is tapped dry. Real life EV stories have caused many buyers to stick with gas powered cars or hybrids. Runaway inflation has killed off demand as consumers struggle with rapidly rising costs. The reason TESLA is getting out of its large scale charging station deployment is entirely due to the Biden admins demands they share it with their competitors….what’s the point of it now? Adding to this….many coops and utilities consider these charging stations grid power hogs capable easily of using the equivalent power of a 1000 or more homes.
@@postulatingspin4470 someone who is paying attention. Great summary.👍
Don't blame Tesla my friend, blame the high interest rates and the way the economy is being managed. Any company not only Tesla, would have done the same, to save and avoid going under. The norm now is not to give a reason, and Texas is an employer at will, and you don't have to give a reason for a layoff by law. Sorry for your situation and I pray you find a good job soon, stick with TX, they have great opportunities and remember, when one door closes, God will open another door for you. God Bless.🙏🙏🙏
thousands of chargers are not enough.. There need to be millions of chargers..
there are not just thousands of gasoline stations around the world, there are millions of them, and the charging stations will have to display what they are selling electricity for by the KW just like gasoline stations display the price they are selling gasoline for by the gallon to compete for your business..
and they are missing the boat completely if they do not build coffee, shops, and places to hang out while waiting for your car to be charged, which can take hours. They also Must have bathroom facilities for these people that are gonna be waiting for hours for their cars to charge..
how many customers does each gas pump in a gas station service per day? Per hour?
i’m guessing that a gas pump can service 10 to 12 customers per hour ..
an electric charging station can probably only service 10 to 16 customers per charger per day depending on variables, like cold .. don’t forget, there will probably be cars waiting for chargers to become available. Those people will also be needing a place to wait for hours at times…
so if there is a charging station with 20 chargers operational. and let’s say there are two cars waiting at each charger for the charger to become available, that’s 60 people that are going to need to use the bathroom, need to get in out of the weather, need to have something to drink or eat, and probably fall asleep at times besides in their car.. it was very cold out, or if it’s very hot, they can’t be sitting in their car, running the heater or the air conditioner while charging. They need to get in out of the weather while they are waiting.
There’s a lot of figuring to do
Nothing wrong happens at Tesla, what is wrong is world media shifted EV narrative since Elon took over Twitter, so simple:) Every news is tesla bad, EVs bad, Elon bad. He is enemy of globalists and its very visible they want to destroy him by destroying EV sector as a whole.
The problem with electric semi-trucks is that, to protect the roads, these trucks have a maximum weight limit. Diesel and biofuel fuel has much more energy per pound than batteries. If you use batteries to power these trucks, they will work but will only be able to carry a fraction of the cargo weight they do now. Truckers are paid to haul cargo, not to haul the energy they need to run.
For this reason, using diesel or biofuel seems like a much more economic solution for powering big semi-trucks.
Best use for EV commercial trucks, is short haul work. Tesla's BIG long haul semi truck is another brain dead blunder, like the Cybertruck and Roadster. For Commercial EVs, Tesla should have made a delivery Van .. for passenger vehicles they still need a compact SUV ... this crap should be obvious, must be the Ketamine.
that's true but the weight difference between electric and diesel as percentage of useful load is tiny.
@@KrustyKlown that's a great idea, the delivery van makes a lot of sense, stop and go traffic is where electric cars really shine.
some countries refuse to allow any electric vehicles because they are NOT paying for the roads and if they did it would cost the owners more than its worth
@@jamiebennett6354 ?? WHAT country banned EVs ?? .. please stop making up nonsense or repeating foolish statements.
They may have eliminated 10% of the workforce, but I'd bet they also eliminated about 30% of the loyalty in the remaining workforce. The cold shoulder works in both directions, and there will be far fewer employees willing to extend themselves beyond the bare minimum required for the job.
Bring in the UAW
@@222aint Tesla is now training Robots to replace line workers.
@@222aint🎉😂😂😂😂😂
Happens in all manufacturers (and other fields) during tough times, childish to take it personally. Everyone has to look after their own self interest, like employees quitting to take a better job.
@@johng4093 That's all true for folks who look at the big picture, but it's human nature for most employees to "take it personally", cause that is where their "loyalty" is also rooted.
The one thing that's never changed in my forty years of working with chemical storage batteries is that they do not like "supercharging".
dendrites?
Nothing wrong happens at Tesla, what is wrong is world media shifted EV narrative since Elon took over Twitter, so simple:) Every news is tesla bad, EVs bad, Elon bad. He is enemy of globalists and its very visible they want to destroy him by destroying EV sector as a whole.
Spend 42 billion dollars on a non profitable social media website 👌
I have held TSLA since 2011. Haven't bought more since that move
"My money is first in last out" one of the many lies of Musk
@@anthonybha4510 Then you now have 15 times more shares. Congratulations.
@@anthonybha4510
LOL, Hows the TSLA stock doing?
The market KNOWS they are tanking,
Those criminals KNOW when a company is NOT solvent nor stable at all.
I predicted this last 6 months, a TANK cycle and IF it’s 140 By YE will be totally surprised.
Go look at the metrics.
LOL, I SHORT it on ANY strength upswings they have and have been killing it!
They wont see 200 again probably ever.
The WHOLE EV market is in Serious implosion on half dozen reasons, over projected, market sentiment Waning badly BTW, LI battery issues Self igniting explosive, short range anxieties.
Some countries BANNNG the EV in public parking, Cost to repair 5x normal car, insurance rates are 3-4X more.
On & on & on.
@@danharold3087 - Yes, of a company run by a drug-addled idiot. If you're still betting on that stock, with Elon as erratic as he is, you're a fool.
Haven’t you ever heard the song “he’s got high hopes? “
Musk: Employees are expensive and must go.
Also Musk: I need a 56 billion dollar incentive to keep "working" here.
I have an idea for how to reduce costs by 56 billion 🤣🤣
You mean he 10x the company worth, from $50B to $500B+ at the time of compensation isn't worth anything and the contract be damn? Oh right, the judge said you are already too rich. Elon took no income for the last 6 years, zero. He is restructuring the company to reduce waste and inefficiency that will benefit the company's health over time is deemed unnecessary? Full of hate. I know you are too blinded by the media, afterall, there are US university students that support Hamas. Stupidity have no bound.
Tesla is laying off workers in the droves. We have a problem Houston 😅
Search for "100 or more companies that have laid off over 10% of workers" The 100 prevents the search engine from stopping at 5 or so.
I think you are missing the point about firing the supercharging team. It was the people that had the relationships with people at the other car companies and third parties that made zero sense to let go. Those companies have lost all confidence in Tesla. I get it if Elon is not happy with the engineering side. Maybe he’s not happy with 4680 charging. Maybe he’s not happy with the slow rollout of V4. Or it could be the problems with getting all EV models to charge optimally. But I don’t get the loss of interpersonal skills needed between people at Tesla and the other companies.
@8.51 looks very much remote controlled to me. I'm still skeptical about the Teslbot being ready anytime soon, even in Elon years.
Their not selling enough cars, simple.
Your correct. China has blunted many of Tesla's engineering advantages by simply selling cars for less than it costs to make them. How much less Enough less to undersell Tesla. However Tesla has motivated the world to build electric cars. Time to move on and address another problem or six.
@@danharold3087 Small point. Both opollo and dan made slight errors in English. "They're not selling...", not "Their not selling...." And, "You're correct.", not "Your correct."
@@geofromnj7377 I will sleep more soundly thank you.
The sales have been significantly impacted by the influx of inexpensive EV cars from China. Additionally, customers are required to continue purchasing Chinese-made batteries.
Maybe. They (Elon) is going bust, probably within the next 24 months?
Walmart will experience the same thing duane reade did. Duane reade had a whole fleet of all electric trucks and proudly displayed on the sides. In the blink of an eye, they were all gone and duane reade went back to good old reliable diesel. No word on what happened. My guess is they were getting road calls from drivers all over the country with a dead truck so after hundreds of thousands of dollars in tow fees they had enough.
too right
Only way to make tesla profitable is propaganda and gov intervention. It is an inevitability that tesla will go under if gov doesn't pay large amounts. Even then most of the population will never be able to have one, just due to apartments/infrastructure upgrade cost. Hype is the only thing keeping them afloat. The EV bubble will pop.
@@refrigeratormagnet1680 nah. EVs work. Teslas are just inferior quality
Mercedes makes ev trucks that work. So do other brands
@@refrigeratormagnet1680 oil is a limited resource
we had multiple oil crisis and not everybody is a fan of the noise they make
I did not even know the local NYC "Green Ride' thing until this video!
It's not the direct subject, by NYC rot toward '3rd world living' by green initiatives are well under way.
Gas stoves bans in new bldgs. ,gas HVAC bans, aims to ban or restrict or tax out of existence private gasoline vehicles, bans or closing or non-green electricity production, environmental groups blocking power lines from Canada-Quebec Hydro to NYC to make up for lower power generation here.
We already have brown out protections days each summer when some of high rise elevators are taken out of service, and apt. bldg, laundry room are closed.
This is our city Govt which is most concerned with ____ issues but not ______ so much, They have time to pass local law for coming ban on individually (plastic of course) wrapped cheese slices. How can this stand?
Dude..take a writing course, you're barely understandable....
Cutting the further deployment of charging stations seems insane to me. I mean we dont have any in my area. I think the nearest charger is over 40 miles away from where I live. Thats insane that the chances are there will be no further charges being installed to cater for the 300,000 people that live in my area.
Must cut to the bone to ensure that there is $47 billion dollar bonus for musk
Pay ELON GDIT
Got to love the RUclips influencers who make $ off the name of a company by spewing pure speculation and cultivating rumors.
@@Batwing2465 musk cult member
But there isn’t. Not in cash anyway. They have less than $27 billion cash on hand and it’s going down.
Not a bonus, it's an option to buy shares at a lower price. Elon will have to pay money for the shares and this can drive up prices.
We are living in different times... even the bots are looking lazy and moving really slow. I'll give it 6 months to a year... and the bots will start calling in sick or just not showing up at all. Lazy bastards!
Their excuse... forgot to plug in their car.
@@markkennard861 forgot to plug in their selves .?
I give them 2 years until they start a union. 😃
So far the Tesla robot would be outpaced by an octogenarian, but if they manage to make the bot reliable and cheap enough, it might replace a large part of the workforce. Other manufacturers are still in the lead though. and Tesla is still catching up.
@@peterprokop no human workforce. If humans are unemployed , who has money to buy products. Do you realize eliminating workers eliminates consumers.
I really appreciate the theory of NACS adoption playing into the decision of cutting costs in the Supercharging division. Thank you for connecting the dots.
As usual, we will need to get through a truck battery replacement period before we know the real story.
Replacing electric truck batteries, and disposing of them, sounds terrifying.
My guess is that Tesla will produce the supercharger hardware and will sell it to others to install at a much larger scale. Installing individual supercharger stations is not really scalable...let others setup stations and Tesla will still make $$ of the hardware and probably will take a percentage of charging that happens via their network..makes 100% sense if this is the direction.
IF this is the direction, then yes.
That could definitely happen. If EVERY other car maker is now relying on these chargers to make their products viable... There's a lot of new skin in the game.
Makes sense. Up until recently, they had close to a monopoly on NCS chargers. Now everyone will deploy them. More competition.
they stole billions and made texas a enemy out of America again
Especially since 85% of government grants for charging stations are going to other companies, even though they cost a lot more per charger. Why fight it? Let the other companies take the grants, and then sell them the hardware.
Tesla Superchargers already have 99.5% up-time. No other public charging network is close in reliability. While fixing problems in vey cold weather is important, focus should be on network expansion
Maybe it is time to let others pick up some of the charging effort now that Tesla has shown how it can be done. Maybe Tesla wants their people building and deploying at locations that can charge everything including the semi.
@@danharold3087 Good points but think semi charging only belongs at truck stops. V4 with Magic Dock including longer cable seemed the correct solution, but deployment seems slow. Lower sales, profitability, and no personnel will halt infrastructure expansion.
@@johnpoldo8817 Yes semi charging belongs at truck stops but that does not mean truck stops can not charge BE cars and pickups. I can fill my pickup at the local Loves Truck STop.
We will have to wait and see on the halt thing. It is at this point speculation. As I said it maybe to focus on the charging that is not being built by others.
With the movement to the Tesla plug by others, Musk maybe thinking "Unless I charge THEM on MY chargers a lot of money for them to use MY chargers, I'm subsidizing the sales of other brands". Tesla had great sales because of the charging system out there. It was tougher for other brands to play.
@@dlewis9760 Very true. Mr Musk always said he did not want to make a moat around Tesla. He wants all vehicle to use sustainable energy such as electricity and not fossil fuel. He deliberately opened superchargers to competing brands. He also open sourced the Tesla connector and called it NACS with SAE name J3400.
Don’t give up guys. Supply and demand. Congratulations you met the demand.
Super charging is really important for people 😊
Soon ull realize a megawatt charger is 3 times as important
No.. Most sane and regular people do not want to have to do any charging over the road. What about when it is raining or snowing.
@@kenth151 Rain or snow should not be a problem. And I imagine that many superchargers will have covers.
No, super charging is important for the fanatical fringe that live and breathe EVs. The rest of us drive reliable ICE cars and don't care about super charging.
NOT
Appreciate the even handed coverage of the layoffs especially concerning the supercharger staff. Some people get so emotional they lose all objectivity.
People who have been fired are vocal about the dual standard, they demand loyalty and 110%, but they don't even give notice or explanation, they send an email and cancel your access badge. People have driven to work and tried to badge in to find they are no longer employed. Why is is necessary to shock people like this, after demanding loyalty and superior performance?
@@rtqii This idiot is a Tesla superfan. You're not going to change his mind.
Call ❤ supercharger team, and nobody answers. Still sounds very, very stupid move.
Ha “smarter than ELON disease prevails….. u takin ANYTHING for that
All CEO’s have their time in building an organization and Elons is way past.
@@user-vo9yz8lq2m Companies often go from growing into nurturing the existing business. It is crippling if not fatal.
Getting rid of the charger network team is really like shooting yourself in the face. The charger network is a major reason why many people choose Tesla over other EVs or even choose and EV in the first place. It is such an asset to Tesla and the category. They should be expanding the network further and lead the charge in providing a stable charging network for all TVs
Perhaps there is a political aspect to Elon's decision...? He has become increasingly anti-government and with the govt pushing ev charging expansion he maybe fears losing control. Too bad. He has already changed the course of future industry. He is shooting his feet again.
They were all directly or indirectly associated with sales. Elon is looking for designers/developers. When an employee starts to focus more on sales vs. development, they are at risk of being replaced by an engineer focused on development. The idea is that great products are easy to sell. Once NACS became a public standard, it became self sustaining eliminating the need for further development of a NACS-2. This also helps Tesla avoid Government scrutiny when it comes to monopolistic behavior.
New York and California mandated that the charging stations be built so they must subsidize or shut up.
nah. Elon already got more subsidies than anyone else ever pretty much. Him having to pay some back is only fair
Elon's gotten a shit ton of Government assistance. Do your research. Tesla would be out of business if not for the Obama administration.
nice nod to the voice actor change of past. well done
It's crazy how on a whim these ceos can ruin so many lives. Gross.
Yeah, you literally can't do that in NZ by law. You can't let people go without either sufficient notice and / or a redundancy package. Also you can't fire people on a whim (there is a process). Which is fairer and better security for the employees but it does put more pressure on employers & business owners (who don't want to hire until they really have to - sometimes slowing growth).
Musk is a charlatan, the greatest fraud outside of finance and Enron. People need to do their due diligence before jumping at things just because the media says someone is good. It's unfortunate for sure.
This is more so a Elmo thing . He literally has filled the board of directors with his family. Also hugely anti union and Anti right to repair. The company has been getting trashed by his policies and those of his family and friends in the board.
Yep, and these RUclipsrs aren't the least bit concerned. They have no problem with the oligarchy profiteering off the backs of labor. Elon is the richest man in the world and yet his profits are all that matters.
I am on the fence on this. I don't want it to be so hard to fire people that I have to work with incompetents, but it should not be on a whim either, because CEOs can be those exact incompetents (at least sometimes).
Firing should be harder than it is in Texas, but perhaps easier than it is with some unions I've seen. Some golden middle.
Another fantastic video, as usual! Change can indeed be challenging, especially when it involves replacing the familiar and beloved voice behind these videos. It's only when that voice is absent that we truly realize how much we've come to enjoy it. Nonetheless, I want to express my appreciation for the depth of research and the articulate delivery of these videos. They're not only well-written but also impeccably presented.
Normal everyday policy in the 80s, hire enough people to satisfy a contract and when the contract was fulfilled you got your notice at the end of the day and if you were close to being vested in a pension plan you weren't called back,
That's not even the worst, now it's becoming a practice that if you give a two week notice, you get fired on the spot and they put that on your record! So if you plan to leave a job give those eFers a post it note the day you quit.
I’m so many places in the world there are enough chargers to get you from A to D but, if you want to divert of a straight path to the next supercharger to visit B and C, you will have to accept much longer charging periods from third parties and you schedule will add days to your sightseeing schedule.
it's almost as if electric cars are not great for long road trips which they are not. tesla's are less bad but compared to ice it will always take longer in an electric if it's over 300 - 400 miles.
@@ronblack7870 If you take breaks anyway, not so different I find.
@@bearcubdaycare who needs to take an hour or two break on a 300-400 mile trip?
@@csharp7926never takes an hour. 15-25 minutes on average when charging around 20-80%
@@csharp7926 Start with a full battery and if needed charge for 10 or 15 minutes to get the additional miles. Understanding the battery charging curve helps a lot.
I asked a friend if she knew where electricity came from. She responded, " From electrical poles. "
Now I know what politicians think...
Perhaps you're not as intelligent as you believe yourself to be...
Using electricity as the power source allows for adoption of power as it is migrated from legacy sources to more renewable sources. Each year the amount of renewable energy grows and with new developments that rate will continue to rise at a faster pace.
If you prefer ICE cars, perhaps you're viewing the wrong YT videos?
@@InspiredScience go back to your trough at CNN and feed on their s...
@@InspiredScience Go back to your CNN trough and feed on their s. The only solution to this is nuclear power, not African slave children digging for lithium to make you happy.
Ah I see, Tesla had already dominated the EV charging market, and unless Tesla wants to spend hundreds of millions in court for monopolizing the EV charger they kind of had to back down. And with the bonus fact Tesla NACS had become the US standard EV port.
That'll give time for 3rd party systems to begin operating, as well as EV competitors systems.
The supercharges can be installed by contractors. They don’t need staff for this. It’s smart. It’s good business.
We're not talking about installers. That's a small part of the force that was let go.
You have done an excellent job here for us at Tesla! Your fired. Workers looking on: Wow, I'd better not work myself out of a job!
That's not how it works. 🤡
Yep, from here on out, it's quiet quitting.
@@davidhunternyc1 Stop trying to destroy an American company. We have had too many companies fail already.
Elon is a part time CEO. The fact that so much of the senior leadership is off means there isn't anyone left at the helm. It doesn't matter what the vision is if no one is there making sure that it happens. On a recent day Elon talked about how long his work day was, I looked at his twitter history and found 45 tweets and more than 150 likes. His main focus is absolutely and squarely on twitter, not on Tesla or SpaceX.
You have said the actual truth.
It does not take that long to make 45 tweets and 150 likes. He has a history of liking and retweeting other people's tweets, even when they are written by "questionable" characters, so it seems obvious that he does spend any time researching the person who makes the tweets that he retweets.
And the one day of tweets by Elon may not be the usual at all.
@@FLPhotoCatcher do you actually think his retweets of “questionable” characters is because he doesn’t research them?
Au contraire. Elon said his top priority is to defeat the so-called “woke mind virus”. It’s no accident that Elon’s feed (and Twitter/X itself) has become a wretched hive of scum and villainy.
@@FLPhotoCatcher he also has a history of saying his #1 priority is to defeat the (so-called) woke mind virus. Why do you think his retweeting of “questionable” people is an accident or the result of lack of research?
@@FLPhotoCatcher this specific day was a day he claimed he was working all day on Tesla. The activity was spread throughout the day and that is equivalent to the average users activity from ~11 hours of continuous use.
He repeatedly interacts with many morally awful people, it's not that he isn't taking the time to look, it's that he likes the worst people.
Baglino was in charge of developing the 4680 battery which has been a failure. It was announced in 2019 it would be production to scale. They still have too much scrap and an expensive process. Plus it's close to being obsolete already.
My guess is Musk made life intolerable for Baglino.
The fact yall surprised is wild. He’s hemorrhaging money daily and all his promises are years behind. This should make a good Thunder video.
All hail THUNDERF00T!!!
If you think there is actually a working fleet of electric semi trucks out there, or on the way, you must have a smooth brain.
Says the knuckle dragger who puts quartz in his ass.
Explain.
Define "fleet"? Thousands? No, not yet. Soon.
You both know exactly what I'm saying.
@@soundmindbodydivine Yes. Nothing based on nothing.
The government would have to have a new department to study ev charging stations and would never solve the problem.
Icarus, in Greek mythology perished by flying too near the Sun with waxen wings.
Superchaging off the table is smart. Cost cutting somethings you dont need to do is smart
Cancelling internships when there are layoffs of actual employees is something I've seen all the way back to the early 80s. Not news.
But when you (or at least I) saw it, in automotive especially, it was always in desperation of near colapse of the business and in a few cases shortely preceded exactly that. Or the shoring up of stock so that Senior leadership could reinforce their golden parachute exit of the (plane) company just before it crashed which they hid was imenent.
Oh yeah that shows a thriving company. You’re so right!!! I think you should put it all on black!
It could be that all the design engineering overhead necessary for supercharging stations is done. Now about all that's left is step and repeat production for completed designs. That shouldn't require a huge design engineering staff.
Actual installations or expansions of the SC stations can probably be done more efficiently by local contractors (instead of Tesla employees) using standardized parts from Tesla.
Maybe Elon is also stepping back a bit because of SC station electrical loads being more than local grids can supply without increasing their capacity. That last is the ultimate elephant in the room where limitation of electric vehicle numbers is concerned. The cost of building more power plants and increased distribution capacity to support large numbers of EVs will probably reduce everybody's mobility no matter how their vehicle is powered.
@gisterme2981 kinda kills the "green power" idea huh?
@@csharp7926 Don't worry, Csharp! AOC and Gretta already have it all figured out: "Just send us money!".
How do EVs need for more power plants limit ICE vehicle mobility? Did I miss something?
@@johng4093 good question.
@@johng4093 How? By increasing energy costs across the board. The cost of familiar petroleum products will need to be greatly increased to amortize increased electrical production and distribution. Higher fuel costs equate to reduced mobility.
Tesla's days are numbered, the company has 3-5 years before they go bust. King rat says they're going to sell robo-taxis as the Cyberturd is an abject failure, Semi sucks and their other cars are boring and old. EV sales are in terminal decline because they're crap except for a few implementations (city cars where they are at peak efficiency) If Tesla are serious about robo-taxis then public charging stations will be unnecessary, I guess existing customers can go *#£¿ themselves. Anyone putting themselves into any eco system reliant on anything made by a company involving King rat is at this point, given his abysmal track record, deserves what inconvenience they get.
Tesla stock dipped severally , resulting to about 23% drop in the shares value this month. I seriously need suggestions on how to diversify my $400k portfolio made up of volatile TSLA.
We are currently in the jaws of the worst bear markets I have seen, the average stock has been cut in half, and the only way to make money this year has been to either short or to trade long in very short time frames. I'm still at a crossroads deciding if to liquidate my dipping $117k stock portfolio, what’s the best way to take advantage of this bear market?
Avert too-good-to-be-true con tricks. Consult a fiduciary counselor; these professionals are among the best in the business and offer individualized guidance to clients based on their risk tolerance. There are undesirable ones, but some with a solid track record can be excellent.
Please can you leave the info of your investment advisor here? I’m in dire need for one.
I use Svetlana Sarkisian Chowdhury. You probably must have heard of her.
@@ElvisMarshall-xo2lw Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
"It's not that I don't love you! It's time for you to leave the nest!"
Somebody said when they are on the road they use a small Harbor Freight gas generator to charge their car rather than deal with the charging stations... I guess you can charge your car super quick with one of those!! Too weird eh...
"Somebody said..." Now there's a high quality source of information upon which to rely. Congratulations: lamest comment on internet today.
There was a BMW EV that did something like that, you had to stop the car to run a generator in trunk if I recall. Never really caught on.
I hope elon acquires some ICE engineers, stacking all your chips on EV's is looking rather grim at this moment...
Little did he know. He fired his compensation package. I will make example of him by rejecting the vote.
Not weird, just hard-headed business sense.
EV sales are falling off a cliff as mainstream public sentiment turns against them, your right he has to do something.
@@Battleneter May the creator bless oil companies using profits from our pockets to lobby the government and brainwash the public into thinking they are doing us a favor.
8:56 You need a person to control the robot? . It looks like Tesla is starting to tank. Heard that hundreds of Teslas are sitting in parking lots all around the country, waiting to be sold. If true can explain the layoffs, until sales pickup again.
The value is also dropping
The people controlling the robots are collecting data used to train the robot. Like the people now driving FSD. I have little doubts there are 10s of thousands of sold and unsold Tesla's parked around the country. Tesla told us so in it's Q1 report. It has no dealers to dump them on. Will take a while to sell down the overproduction. Try to put this in perspective and look at the unsold cars by other automakers who claim new cars on dealer lots as sold. Even when Tesla has pre sold every vehicle they still show many thousands as unsold as they are on ships, trains, trucks and sitting in old Sears parking lots awaiting delivery.
“Heard that…”
Tens of thousands, actually
Everyone that wants an EV already has one, now what do we do?? 😮
Sounds like Tesla lacks the money to create, improve, install and expand the charging infrastructure and now hope other EV manufactors take up that burden.
Harebrained law, btw. creating a demand for a missing infrastructure.
The EV consumer market is dwindling fast while there is still hope in the big rig EV platform. Elon is just shifting gears to stay ahead of the curve and demand. If he supplies the charging stations and has someone else maintain them while getting a royalty on their use, that provides a steady income with no out of pocket costs. There are always affiliate services that crop up with new technology and it seems Elon is keeping ahead of this also.
The sales of EV's are slowing. Most people do not want to have to charge their vehicles (even so called fast charging) over long trips. EVs are only good as a second car if you have a garage. Even 10 minutes charging in the snow or rain or even heat.
"The next growth..". Not in EVs. Musk pulled Tesla off that path with the CyberTruck, and even further off that path by cancelling the Model 2 (yes, he did, what's proposed is just variants of the current models with minor price change), and is throwing everything into AI that was only a sideline to the main mission, and doesn't seem to be working. But Musk got bored with the main mission, and isn't moving Tesla toward twenty million EVs per year.
Elon said a long time ago they will be able to produce cars at zero profit, he said Tesla was never intended to be an auto co. What's that tell you?
The bots may be running at half the speed as a human but they can work 3 times longer
I'd argue they're less than half human speed. A competent person could sort nitroglycerine faster than the bot moves battery cells right now lol
@@TheTeslaSpace And what are they doing? They're placing batteries in plastic bins. Is that a real job at tesla?
China is taking over as CEO is Chinese citizen.
elon's bot needs human assist to do anything, just like the self driving. lol
@@TheTeslaSpace hehe I could move nitro at the speed of sound….scary stuff. When I was a TA Royal Engineer we had a play with lots of explosives but I was always mindful of the fact our mentor was missing a few fingers !!
Elon’s basically just created Shell, infront of everyone and no one even noticed. 😂👏🏻👏🏻👏🏻
If Demand was good none if this would be happening so
How do people not make this connection??? 🤯
Tesla has a level 2 and 3 charger designed. They showed it previously! They don't have a vehicle, other than the CT and Tesla Semi, that can achieve those charging speeds.
All they have to do is manufacture them. Why would they keep those design teams to design anything faster at this time????
You don't. Those teams completed their work. Now, they just have the manufacturing teams in place.
I agree. Elon didn't say they were abandoning the charger business. They're just slowing down. They'll still produce chargers and will probably be a lot more strategic with placement.
Are you being facetious? They are still in the very earliest stages of the design of their vehicles and everything else. Overall their technology is rather primitive. I wouldn't say their superchargers are even close to being adequate. They're a decent first generation, but that's about it. They can get the cars to charge, but it takes 15 minutes or more, sometimes hours. That's absurd, time is money. They need to get that down to the same time it takes to put gas in your car, just a minute or two. They need to get the car batteries down to the size of a regular battery and make it easy for the owner to change them, same as a regular battery. Many other things. They're at the stage where ICE cars were in 1920. I think they have a very long way to go.
Repeating the senile ramblings of a superannuated bootlick like Munro shows how low your IQ is.
@@mikeincalifornia 🤣
@@mikeincalifornialmfao 😂
He call the best chargers on the market primitive lol wtf
You don’t need to charge them unless you are on a road trip.
A portion of Tesla owners don’t have the luxury of charging at home. Some people live in 2nd story apartments as an example.
yeah all those people living in NYC/ Chicago/ LA/ Philly/ Boston etc with on street parking don't need that all... 🤡🤡🤡
The government will have to pay for it and then raise taxes LOL.
This is where the government needs to step in and pay Elon to install them, then they could just raise taxes ha ha.
Too bad about the "legacy cities", but their day has passed anyway. 😂
simply being a prudent business owner. Sales are down and some must expenses. Simple as that otherwise they make a loss its been an amazing ride so far.
They have cut the number of humans needed to operate Optimus in half - down from 4 at introduction on stage to only two for packaging batteries...One to push the batteries into place for grasping and one actually operating the robot's controls. Nice.
Amazing! Someday it will only take one human to operate a robot that can do a fraction of what a human can do, at a slower speed!! 😂
We are not nervous at all stop speaking for Tesla owners.
You will be
You e already demonstrated your problem solving capabilities by buying a Tesla. Take that as you will.
This is why some people don’t run big businesses and do RUclips videos.
Sem palavras es gigante e realmente faz a diferença nesse mundo eterna gratidão
Uber's not gonna need those NYC chargers after all if Tesla rolls out a robotaxi network.
Even a robotaxi needs somewhere to charge.
He's no longer interested in EV, he's worked in them for 20 years now. It's given him more headaches than SpaceX. All his effort is going to AI and robotics now.
Amazing how this seems to have happened around the same time the Cyber Truck is coming out.
Im betting he's going to stop the CT release until they have "things" restructured.
This will impact Tesla hard, so his actions and cutting are going to buffer the $$ backlash.
If you drive a Tesla, try listening to noble trash’s “bubblegum” at highway speed volume all the way up. I did this a my outie became an innie!
Those robots are only using one hand at a time. Man’s got two hands, man uses both hands. A robot could double its productivity by just using the other hand to also move batteries with.
Early days. Could be tesla is more interested in the learning task than teaching it specific tasks this point.
Continue supporting Tesla and I will continue shorting his stock...
Good luck throwing your good dimes on a huge pile of manure
Trucking companies by law have to identify who is responsible for the vehicle. This doesn’t mean Wal Mart owns the vehicle.
That robot isnt doing the work, the human is using the robot to mimic the humans movements...
Nope. Read the text - that's them gathering the training data. All AI needs trained with real examples.
As a Tesla owner and Tesla shareholder, I think the Cybertruck was the beginning of the end!
How so? Its the car with the biggest margins at tesla atm as preorders and demand are high, prices are also high.
Apparently, EnviroSpark wants to hire Supercharger talent
Charging at Tesla also jumped up from $0.1/kwh to $.36/kwh. Thats more than triple the cost.
Firing forward looking product development guys, seeing leading managers leaving in a hurry while the remaining ones are cashing in their stock options in impressive figures leaves only one explanation: Tesla is on its inevitable way down and the cost cutting only serves the objective to delay the demise but not to turn it around. Maybe too late for that anyway.
"In October 2022, Musk told investors that his goal was to make 50,000 Semis in 2024." What are there now, 100 Tesla semis in the world? This is an abysmal failure. When is Musk going to be held accountable for all the broken promises and lies he has told to pump the stock price?
THIS, 100%. Dude is lying his butt off. 8/8 will be a joke too...just like CT reveal and Optimus reveal. Pure garage. PT Barnum.
@@codingispower1816 That seems likely. This is what happens when your hype (which you believe) meets with the reality of actually _creating_ this great idea/ideas you've had.
An evil man will burn his own Company to the ground to rule over the ashes." ~ Sun Tzu
This comment is chapter11! 🤨 does this help?
It's evident that the comment regarding Elon Musk and Tesla Motors overlooks the nuanced reality of running a public company. As CEO, Musk has fiduciary responsibilities to shareholders and must make difficult decisions to ensure the company's long-term health and success. Layoffs, while unfortunate, are sometimes necessary for strategic restructuring and cost management, especially in a dynamic industry like automotive technology. Suggesting that Musk's actions stem from a desire to "burn down" the company for personal gain is not only unfounded but also disregards the complexities of corporate governance and the broader context of Tesla's mission to revolutionize sustainable transportation. It's crucial to base criticisms on facts and a thorough understanding of the business landscape rather than resorting to sensationalism or misinterpretation.
Bs!
There is nothing ‘weird’ happening at Tesla (why the marketing hype?) - it is fairly obvious that Tesla is almost broke, with share prices crashing, cheaper competitors like BYD grabbing their worldwide market-share of the EV business and not much future prospects, with slackening demand and (alarmingly) nothing new expected.
The China business was already toast (with the trade wars) and now Berlin’s Gigafactory is also showing cracks. Its just a matter of time before they start going downhill, just like Detroit did with the ICE vehicles.
I used believe that Elon was serious about “Affordable” EVs for the masses. Now it’s all about Robo Taxi’s. So disappointing.
Robo Taxi, for many people, is affordable transportation. But I agree with you. We need that good quality $25K car so we can buy it used with lots of life left for $10K. Lets see how much cost they can squeeze out of a car on the existing lines prior to giving up on the idea. Not spending money for all new production lines and factories will make the cheap car profitable for Tesla much sooner. After that they can start squeezing more cost out of it.
However the Robo Taxi and the gen 3 are always were joined at the hip. One has drivers controls and the other does not. Lets see what develops rather than giving up on Tesla.
Some execs didn't want to cut the dead wood in their departments so they were made an example of as a warning to others.
Yep
So when they fired 9% of the workforce in 2018, and the 10% in 2022, they then hired a bunch more dead wood?
There is no need for additional "Super Chargers" in NYC, In a year or so NYC will be unrecognizable.
Everyone that can afford an EV will have left and the cost of paying the "Congestion Surcharge" pretty much dooms those that can't afford to leave.
Voting has consequences. New Yorkers should not be allowed to leave and F-up Other parts of the country. They should be sealed into New York and required to live in the society they voted for.
@@eeroala5132 YES!
So the take away here is don’t buy Tesla cars if you expect any kind of support consistency. Teslas only advantage was their charging network. It certainly isn’t their support or vehicle quality.
No matter how much money you throw at a problem ... $100 Billion ... a Trillion ... $10 Trillion ... if it doesn't produce a profit at some point ... you're out of business.
That is unless you're the U.S. Government, in which case you can last a little while longer.
Tesla stock swings too much to calmly accumulate and hold, After buying TSLA shares for just over 10 years, i'm struggling to make gains presently. How do i adjust or revamp my $2M portfolio? or should i consider some defensive investments?
In this current unstable markets, It is advisable to diversify while retaining 70-80% in secure investments. looking at the worth of your portfolio, you should consider financial advisory.
I'm in line with having an advisor oversee my day-to-day investing cos, my job doesn't permit me the time to analyze stocks myself. Thankfully, my portfolio has just 5X in barely 5 years, summing up nearly $1m after subsequent investments to date.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
Monica Shawn Marti is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
"Elon's Twitterization of Tesla."
Your fired.
Me too I just got the email
Tesla Australia just emailed the entire Australian client base assuring people that the roll out will not be cancelled in Australia.
As an Uber driver I can say that the experience in Sydney regarding fast charging has been terrible for the last year or so. Long waits, lack of etiquette, supercharger downtime etc etc.
If you’re a car company and you only offer FOUR car models you’re going to very quickly reach market saturation for those FOUR models. Basically everyone who wants and can afford a Tesla - has a Tesla. A huge number of people buy cars solely on how they look - they care nothing about how they are powered.
Life in prison for all who serve WEF instead of humanity.
Way too much to spend for a disposable vehicle that won't be on the road in 15 years.
Between BOTS and AI, Wait until they figure out how to unionize, file workers comp. claims, calling out sick or just not showing up at all.
I wonder if there was a security issue at the Charging Station deployment? ie. was there a vulnerability in the stations that would make them susceptible to cyber attacks.
It's about the failure of the Cybertruck. It's a terrible vehicle, that GM's Silverado beats.
Every Tesla owner will tell you that they don't need charging stations since they always charge at home.
They also always do the drag start from the lights and then spend the rest of the journey telling you about their range anxieties. Boring! My heart sinks when someone turns up in a Tesla to pick me up.
Lmao that’s because they can’t afford to go anywhere out side of their town!
Every absolute statement is always false. 🙂
What is the environmental and human (mostly children) cost though for mining the materials for these batteries? Even if there was the infrastructure for charging like gas stations have - there's no way I could drive a Tesla (or any EV) due to these costs of cobalt and lithium mining.
What problems do the Tesla bots solve that necessitate a fully humanoid robot? I can think of use-cases in which the flexibility of the robot could be useful, but those would be for dynamic use in unexpected scenarios in which you can’t know what kind of robot to build in advance, and would be cases with a virtual pilot controlling them. In an expected situation, a relatively basic arm on a swivel is probably better in every way.
if they get them working well and having more than 20 lb capacity we got 60 jobs for them right now in our factory. we run at 50% average due to employee call offs and it got worse as wages went up. they decide they don't need more money so work only 3 -4 days a week. and legal weed has not helped either.
@@ronblack7870 I think they're a long ways off from the sort of automation that can replace human workers. In the footage, the robots are being remotely controlled by people in VR suits.
I'm not sure what "working well" could be defined as for them. I don't mean that sarcastically, I just genuinely don't know.
Current "AI", both in terms of capability and energy requirement, seems insufficient / impractical for dynamic function in which they adapt to situations on the fly.
How I imagine them realistically being used is as shown, via VR suits to interact with dangerous-to-humans materials under uncertain circumstances (predictable circumstances would allow for simpler and more precise automation), or performing particular pre-programmed tasks, the bulk of the AI basically working like FSD to make sure they don't break or hurt anything.
It's just marketing. In the end EVs are a commodity unless you can sell a cool story to go along with it.
@@johng4093 That’s essentially the impression I get. They seem to exist to pump the stock. I’m open to practical explanations for them being developed, however. Just because I can’t see it doesn’t mean it’s not there (though it doesn’t mean it is, either).
I thought the truck wasn't working well as far as load capacity is concerned.
This misinformation has been circulating since the truck was announced. It's fine.
@danharold3087 it's fine for less miles then a Diesel, won't last as long as a Diesel, and all things considered pollutes more then a Diesel. Face it man, fantasy's are not realistic! Tesla is a fantasy!
@@mikej282 cut bait
@@danharold3087 Dan,
Cut bait on what? You can't be serious thinking EVs are the future? Look how lame they really are! Seriously we don't need any more stupid people falling for stupid ideas, Elon is a jerk I have no idea why so many look up to him. He's a scam! He's really not that smart either
@@danharold3087it's fine to tow a trailer full of Cheetos. Then it's fine. A load of empty soda cans, moving trailers in yard it's fine for all of that.