I hate when companies say they’re “forced” to do layoffs. Elon could easily pay six figure salaries to 14,000 people for over a decade before he noticed even the slightest change to his net worth. What they really mean is that by upending the lives of 14,000 families, they’re hoping to get a temporary bump in the stock price this quarter so they can buy another yacht.
I really find the hatred of layoffs some of the most nonsensical criticism of capitalism.
If you are going to pay people for doing nothing useful, because your company no longer needs their work, why make them go to work? You can save their time and your money (office costs, taxes, administration, etc.) if you just give them the money after you fire them.
I think it’s more so that the corporate culture lately is extremely short-sighted and makes lay-offs in incredibly dumb ways (i.e. you can see their future half-year problems). Which many times will need to be re-hired by paying lots of money to idiotic recruiters to hire new people (because the older folks have switched ship and are not coming back) and train them. Lots of instability caused by extremely poor management (who get payed a lot even though they make stupid decisions).
It’s not a one-off, and it keeps happening.
Avoid Musk at all costs.
It would be embarassing to drive a Tesla today, especially for the demographic that would buy these EVs.
You see one driving and you know the driver is a uninformed douchebag.
Embarrassing? Tesla single handedly showed an alternative to oil-based vehicles with an absolutely superior machine. I put 200,000 miles on my Tesla model 3 driving it off road to some of the most remote places in the US, and it never broke a sweat. It was the first car that could keep up with my adventure spirit. If a traditional manufacturer made this machine it would have cost $300,000 for what it can do.
While you are here buying in to big oil brain washing, this company has single handedly done more in the war against climate change, and dystopian hellscape oil/based economies like Saudi Arabia, than any other company in history.
Musk might be autistic and have a lot of dumb ideas he can’t keep contained but he undeniably has a better vision for what technology the public has access to. A single person’s personality is such a dumb reason to support oil companies, with the blood of millions on their hands, and possibly the end of this planet. Keep drinking the koolaide, though!
This!