lautanElon Musk Laid Off Supercharger Team After Taking $17 Million in Federal Charging Grants
DiplomjodlerSuch a genius move. Us ordinary minds cannot comprehend this.
Trickle down economics should result in more jobs. In this case it didn’t. The lesson is that not enough subsidy was given because people were fired instead of hired. Suggest they give Musk more money, that should get the desired result! /s
The solution is always more tax cuts for the rich!
snooggumsTrickle down economics should result in more jobs.
In the mythical land of conservative wish fulfillment, sure. In reality trickle down economics was always a lie to justify tax breaks for the wealthy.
Stealing this from a comment on the restera threaad
Internally employees left at Tesla are calling this the “Snap”. My friend was building over 10 new sites and breaking ground on 3 others. Contractors are getting fucked and have no one to contact. Overnight 100’s of sites with 100’s of contractors, design companies and suppliers working on them are just in limbo with not a single person from Tesla reaching out to them and their contact laid off. Lots of layoffs are going to be tied to this.
Not only does this affect the building of new sites there’s now not a single employee that can perform maintenance at any of these locations.
This is going to cascade across many companies and industries. Because this is basically taking a massive infrastructure effort and suddenly cutting off the management and production of specialized hardware.
And, tinfoil, but this very much feels like an attempt to steal the election for republicans. Because this is going to impact the infrastructure efforts of the Biden administration AND cause a lot of layoffs among blue collar workers when they can’t send invoices or get paid because everyone they knew got fired. And you can bet there will be a social media shitstorm over “Biden is trying to steal money from my company” if there is any attempt to recoup the money that is being put into a giant reward package for musk.
17 million seems like a lot, doesn’t it.
Elon wants a 56,000 million pay package.
It’s $56,000,000,000.00.
Fifty six BILLION dollars.
Or, if you’re trying to make it more directly comparable to 17 million (because humans aren’t great at implicitly comparing that many zeros), that would be 56,000 millions. It’s not how we normally say it, but 17 vs 56,000 feels different than 17 million vs 56 billion.
While odd looking to some of us, they were actually right. That’s 56,000 “millions” or 56,000 x 1,000,000 = 56 billion. A mind blowing amount of cash.
whotookkarlMost of us have no intuition about millions of anything let alone billions, same as we have a good handle on seconds and days and years but start talking about nanoseconds or centuries and most of us have completely lost any meaningful frame of reference.
ArtVandelayThe difference between a million and a billion dollars is approximately 1 billion dollars.
He quite literally does not add this amount of value in any way. No single human possibly could. What a joke.
Maybe it’s time we nationalize our infrastructure. Railroads, telecom, electric grid. The capitalists have jerked us around nonstop
Agree. Let’s start with Tesla!
As a Tesla owner, I fully agree!
At least the charging network. We can buy it off Tesla no problem (we already have them a $17 million down payment).
Then start printing up new stickers to cover the Tesla logos.
I don’t even own an EV and I support funding this. It’s probably cheaper than the existing charger network plan anyway and would allow actually standardizing around the smaller smarter Tesla plugs too.
explodicleLet’s liquidate Tesla and expand the rail network instead!
ObiniceWoah now, what are you, some kinda red socialist commie? 🇺🇲😠🛻
I prefer coral
And, tinfoil, but this very much feels like an attempt to steal the election for republicans. Because this is going to impact the infrastructure efforts of the Biden administration AND cause a lot of layoffs among blue collar workers when they can’t send invoices or get paid because everyone they knew got fired.
There was a time when I could have thought that level of calculation of Musk. That time is long since gone. His mouth cost him $44 billion when he was forced to buy twitter because of his edgy comments online. Musk’s recent comments about the firings were his version of the criteria of “excellent, necessary, and trustworthy” and did not, apparently include the entire Supercharger team. Any outside observer would say the Supercharger team is absolutely “excellent, necessary, and trustworthy”.
This latest action by Musk just reeks like a mania episode with a good does of paranoia mixed it. I don’t think it has anything to do with the election.
I was holding stock specifically to be able to vote Musk out, but this latest move was the last straw. I sold what I had after the announcement yesterday. Its already down $5/share lower than when I sold mine yesterday.
He’s smart enough to listen if someone like Banon or Putin contacted him though. He could be dumb and doing what someone else tells him to do.
Yup. Even the twitter stupidity makes a lot more sense if his “friends” were egging him on to destroy one of the most useful tools out there for activists to coordinate and information to spread outside of state outlets.
Same way Candace Owen used to hang around with Kanye and all of a sudden he started saying all his racist shit out loud. It was always there based on some inside stories, but theres a corealtion with his worse public decisions and her influence.
Yeah a lot of recent musk has seemed like a manic state and paranoia. He’s reported to have been doing a lot more drugs lately. So that would probably make sense
NutWrenchSuch a “clever businessman.” Embezelling $17 million in taxpayer dollars to enrich himself.
It is clever until he faces some consequences.
If* he faces consequences. FTFY
Wake me up when he ever faces consequences.
His companies paying fines doesn’t count. Musk paying fines less than 1% of his net worth don’t count either.
Buying Twitter was, arguably, a consequence.
I thought that at first, but he seems to have emjoyed killing it and reanimating the corpse as whatever the hell ‘X’ is supposed to be.
whatever the hell ‘X’ is supposed to be
It’s the social media company he founded, obviously.
Which, even if it went directly into his pocket, doesn’t even move the needle for him.
Like another layer said, his goals are more likely politically aligned. He wants EV infrastructure to fail to show libtards are squandering tax money. Self fulfilling prophecy and all that.
Why the tesla board hasn’t sent him packing yet is beyond me. There must be some golden parachute clause that would be very expensive, but he’s doing massive harm to their brand that it must be worth it to cut him loose at this point.
Why the tesla board hasn’t sent him packing yet is beyond me. There must be some golden parachute clause that would be very expensive, but he’s doing massive harm to their brand that it must be worth it to cut him loose at this point.
He’s stacked the board with his friends and family. They’re not going to raise the chance of it themselves.
Our only chance is/was actions by activist investors. I suppose I would have been considered one of those until yesterday when I sold.
kingthrillgoreWhy the tesla board hasn’t sent him packing yet is beyond me.
His board is full of friends, family, and other sycophants.
Shareholders won’t vote Elon out because he is sadly the one reason its so highly valued, and if he goes, the stock price does with it. They won’t do anything until the company is on fire, and its not yet. We’re getting there.
Elon isn’t the one reason. Tesla stock skyrocketed in value the moment Bill Gates and other hedge funds announced they are shorting the stock.
Other hedge funds decided “I will take that bet” and here we are.
This shit can destroy companies and tank its value
Leaving hundreds of contacts in limbo with no resolution has the potential to cost more than $17 million in legal fees and termination clauses.
Where the fuck is the board of directors and why are none of the shareholders revolting?
We the shareholders trust Musk completely. He is, after all, a genius.
Nah, I’m playing! Only thing I ever had shares of was ex wife, and I wasn’t even aware she was publicly traded until I accidentally dropped in on a shareholder meeting. I gave mine away. :p
To give you an idea of who is on the tesla board of directors, it includes Kimbal Musk, his brother, and James Murdoch, of the Murdoch family you’re probably thinking of. Musk himself owns something like 20% of the company, the board owns some, his cult members also have some share. The rest of the shareholders are either institutional or retail investors who are some combination of not willing to rock the boat, don’t have enough voting power, and/or just don’t care.
I’m HAPPY my Tax Dollars went to Laying People Off INSTEAD of feeding Starving American Children!
SturgiesYrFaseTo the surprise of literally no one.
Why can’t we seize this cunt’s assets? He plays states, the Fed… wtf?
We can. It’s just that the cunts who have the ability to do so are butt buddies with him.
NoxyYou can insult the person and his croniea without resorting to homophobic shit like that.
Musk is such a welfare queen.
GhostalmediaI haven’t seen anyone actually describe what this “team” is.
Tesla’s PR teams said that they’re still expanding the network, but at a slower pace. If that’s the case, I assume this mostly guts the product and program management folks, and the goal is to consolidate this department with a related department.
Does anyone actually have details about the full scope of layoffs and the scope of who remains?
CorkyskogThe entire charging team is gone, not a single person remains to even issue a repair order…
Yikes.
That’s the crazy thing. He is letting the entire division go instead of just replacing the head he might have had a problem with. So now the good workers and the bad workers if there are such, are all being flushed out of the Tesla toilet.
Notice how he waited until the major American vehicle manufacturers decided to move to the Tesla charging standard for future models.
Killing the charging network kills the EV market.
And on an entirely unrelated note, the Saudis financed the Twitter buyout…
Spawn7586I mean, the US EV market. Pretty big sure, but not the “entire”
From up thread if you haven’t seen it:
Internally employees left at Tesla are calling this the “Snap”. My friend was building over 10 new sites and breaking ground on 3 others. Contractors are getting fucked and have no one to contact. Overnight 100’s of sites with 100’s of contractors, design companies and suppliers working on them are just in limbo with not a single person from Tesla reaching out to them and their contact laid off. Lots of layoffs are going to be tied to this.
Not only does this affect the building of new sites there’s now not a single employee that can perform maintenance at any of these locations.
Is there any other reference? Hard to trust a random Lemmy comment
“Two sources told Electrek that Tinucci was fighting back pressure from Musk to fire a bigger percentage of her team, and the CEO decided to let go of the entire team as an example.”
Thanks, kinda funny the writer put their own tweet embed in the article.
That was hilarious.
Imagine taking your most strategic asset, and an industry leading product, then doing this to it.
Musk is this generation’s Howard Hughes. He was always eccentric and weird, but he’s aggressively sliding into his compulsions like Hughes did.
Hughes ended up locked away, in a dark penthouse, getting yearly fingernail cuts, with a collection of urine filled bottles.
So you’re saying there’s a chance he’s just gonna disappear one day. DON’T YOU TOY WITH MY EMOTIONS IF YOU DON’T REALLY MEAN IT!!
He’s another Trump. Musk may have money but he has no idea how to spend it.
Just like trumps ventures they all failed because he’s a shmuck with zero business clue.
Inherited mommy and daddy’s money but pisses it all away on shit ideas and terrible execution.
Soon we’ll hear musk is broke because he spent it all on shit he can’t handle.
He is broke. He spent his money on a website, immediately crash and burned it, and interestingly wants the purchase value back as pay from Tesla’s board.
This shit don’t pay for itself
He seems to have gotten a lot worse lately, obviously he’s always been a jackass and narcissistic. But up until recently most of his business decisions have been mostly rational. From the accounts I’ve read he has gotten rid of most of if not all of his competent advisors and has been doing a lot more drugs. I think what we are seeing here is an extended manic state, brought on by a lack of stability/stress, some underlying psychological issues, and a whole bunch of drugs.
Oh and just in case people think I’m defending him. I hate that fucker. I just think it is much more complicated than simple incompetency.