cwerdna said:
Here’s the email Elon Musk sent all Tesla employees about 10% head count reduction
https://www.cnbc.com/2022/06/03/heres-the-email-elon-musk-sent-all-tesla-employees-10percent-job-cuts.html
The more I watch Tesla, the more I think they have lost site of their mission to help electrify our auto industry and reduce vehicle emissions.
They currently have what, about a 30% gross margin per vehicle? More?
To me that's essentially akin to ripping off the consumer - and yet they think they need an even higher gross margin?
So they have more orders than they can fill, they have a ridiculous margin per sale, multiple new factories and battery plants coming online, a cyber truck to develop, the roadster to develop, the semi to develop, the model 2 to develop -> and they [he] thinks they need to reduce the workforce?
Very strange, but then, its coming from you-know-who. Stock holders certainly didn't like the news.