Tesla told Austin workers on its Model Y and Cybertruck lines to stay home for the week of Memorial Day, three workers told Business Insider.
The break is unusually long, the workers said. Production lines were up and running during the same period last year, they said.
The electric vehicle maker notified employees earlier this week. The workers, who are paid hourly, were told they could either take paid time off or come in for cleaning and training but would not be working on the production line.
Tesla deliveries dropped 13% year over year during the first quarter.
Uh oh!
ETA - I look at Tesla’s stock and scratch my head. Still way too fucking high. It should come down to about 1/20th of where it is at. Toyota P/E ratio - 8.29. Tesla’s: 161.22.
I mean…WTAF. There is some serious delusion going on with that stock price. Tesla’s “brand” is in the xitter. Are people just hoping that the U.S. government will prop them up at this point? Without extreme market manipulation by the likes of donvict, what other future does this shitty car company have?
I’m predicting the breaking news story for June 2nd is they find out they’re fired.
So an indefinite furlough… got it.
Tesla will announce their new military grade model that the defense will purchase thousands of cars using tax money.
Yea pretty obvious. I need a car and Tesla would be a good choice if that fucking asshole didn’t own it.
Same. They sent me a survey for owning my 3 for so long. In the survey I pretty much gave the car good reviews. Then it asked me if I would buy another and pretty much stated I would not buy another tesla if Elon musk is part of the company. I doubt anyone reads the surveys but hey here’s to hoping. 🗿
You’ve contributed to the word cloud, thats all you need
Good choice? They keep bait and switching their own features, and their QC is garbage. Take Elon out of the equation and I still won’t buy their early access version of a car. I’m tired of companies treating end consumers as their play testers.
I’ve been arguing the Q1 result was cooked already from day 1 they came out. The actual result is probably way worse. One of the reasons is that Tesla has been producing way to many cars, and the cars on stock are overvalued to push the deficit into the future. Where they probably hope to camouflage the loss in other ways.
But competition is intensifying, and Tesla is already at a very low margin on each car sold. Increased competition is at a point where Tesla will have to sell cars at a deficit. While at the same time write off value on stock. Or alternatively lose even more marketshare.
The glory days where Tesla had the highest margin per car sold in the industry are long gone.Yes, all that, but the effect of Elon completely alienating the people who wanted to buy Teslas can’t be understated. I don’t hate the cars at all, but my god I loathe Elon and would never give him money.
Absolutely, if Elon had been a normal CEO, Tesla would probably still be riding on the reputation they had few years ago.
What I’m saying is that it will be hard for Tesla to make a comeback, even if they somehow manage to restore the name.
They are no longer a technology leader, and they aren’t leading on value either, which makes Tesla just one among many options.
And it seems they can’t keep up with the competition anymore, now that the traditional auto makers have learned the basics of making a good EV. And China is so far ahead on batteries and Fast Charging it isn’t even funny.
Both BYD and CATL have batteries that can charge 3 times faster than the fastest Tesla!In USA Tesla is protected by tariffs, So USA has lower competition, but in Europe and China, I don’t think Tesla has much of a future, (EU has 3 times as many BEV models to choose from than USA!) and even USA will be a a huge uphill struggle, because they have such poor brand recognition.
I don’t think Musk can turn Tesla around, the claimed options to do that are RoboTaxi, and AI and robots. But Tesla is not even close to be leading in any of those fields. So Tesla will be a company with huge R&D costs, but little money coming in. Unless Musk can keep conning new investors of course.The little Ford EV hatchback they sell in Europe is a lot more attractive than a Tesla personally. I just wish we could get them in the US, but the CEOs have apparently decided by fiat (hah) that no small cars are desired.
The Focus is AFAIK discontinued, but maybe you mean the Puma?
The Puma Gen-E is what I was thinking of, could’ve sworn it was a 2-door though. Must’ve confused it with something else.
That’s a cool car IMO, but personally we want something with better range.
It is quite impressive in efficiency though 13.1 kWh/100 km. And it is decent for fast charging.Why?
Every vehicle doesn’t need to do everything. Otherwise we’d all buy turbocharged Hummers with a trailer for extra fuel. It’d be nice to have some middle ground between a smartcar that confined to surface streets and something you’d take a roadtrip in. A worst-case ~150-200 mile range is enough for a boatload of people to commute 50 miles and not have to worry. If you can plug it in overnight, even on just 120v, charging speed is a negligible concern.
I think a lot of range anxiety is weird. A lot of gas cars from the 80s/90s/00s have ~300/400 mile range per tank, but that’s because you don’t want to go to a gas station every day. If you could just trickle in gas overnight they could’ve had much smaller tanks too.
“You’re making that up.”
https://en.wikipedia.org/wiki/Ford_Focus_Electric
Production December 2011 – May 2018
But the Focus is the only hatchback I could think of.
Sorry, it was a joke from the old machinima Red vs Blue. There’s a truck called the Warthog and someone suggests it looks like a Puma. Another person says “you’re making that up”.
It’s at 1:46 https://youtu.be/Rju4RWdEyZk
That was far too old a reference to drop casually. My bad.
The brand can recover if they remove Musk but I’ll never support it cause the Nazi will still get his cake from w.e cars get sold.
Maybe one more Trump commercial in front of the white house might break the spell
Still waiting for those rushed Boeing Air Force Ones to start flying the Trump & DOGE around…
Down with Tesla
Tesla must Unionize!
Yeah, but Musk hates unions. The swedes are making a big point out of unionizing.
The beginning of the end
Absolutely, but you could also say that beginning was a year ago, where Tesla sales began to slump.
Remember when we hear about poor sales this year compared to 2024, that 2024 was already a bad year for Tesla!
Now, do the same for all MAGA.
This wouldn’t explain the CT line, but they’re going to release 2 new vehicles by June 30th that use the same line as the Model Y/3. They did upgrades for that during the model y changeover. It could be the final changes before they are released, but again, that doesn’t explain the CT.
This is just how Musk makes an organization “efficient”.
Well yeah, I mean without the whole embezzlement of personal data from various departments thing. Hes already got that.
Looks like they arent paying their workers for the time either. Sounds like things are going really well there. I wonder if the workers who fall below 32 hours per week will get their full time benefits (like health care) cut. I’d bet yes.
Or come in for training and cleaning. So they can still be paid.
Definitely because no one’s buying them. Elon is not generous with time off.
