Is/n't Tesla literally/figuratively crashing?

[Zealot]

Probably not surprising given the layoffs, but apparently there's a North American hiring freeze in effect as well.

https://gizmodo.com/tesla-hiring-fre...ffs-1851464758

Also canceling summer internship programs that were starting in 2 weeks, including for students who were told by Tesla that their rent would be covered for the length of the program.

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[Mayareira]

More people at Tesla get the ax.

https://arstechnica.com/cars/2024/04...-new-vehicles/

None of this bodes well for Tesla's future. Good luck pushing thru the $58b compensation package.

META called it "the year of efficiency" and the investors worshipped it. They slashed thousands in 4 rounds.

Stock price quadrupled in a year.

[Meresgi]

Probably not surprising given the layoffs, but apparently there's a North American hiring freeze in effect as well.

https://gizmodo.com/tesla-hiring-fre...ffs-1851464758

Also canceling summer internship programs that were starting in 2 weeks, including for students who were told by Tesla that their rent would be covered for the length of the program.

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But surely the cybertruck will pull them out of this along with God Elon's insight into the workings of the universe. The dude invented online banking for christsake, there's nothing he can't do.

[Malithar]

META called it "the year of efficiency" and the investors worshipped it. They slashed thousands in 4 rounds.

Stock price quadrupled in a year.

Can confirm, my employer did something similar, with similar results though not as extreme. Restructuring, reorganizing, streamlining, reducing costs, etc. Investors love it and those impacted are left as the foundation for the companies' "growth." We also went on a hiring freeze and laid off people who had years of experience and were performing well, but we had training classes ongoing for new hires that were hired in the previous months. Some of them are struggling and are obviously going to get filtered out by normal performance metrics, but yeah, let's cut the ones who know what they're doing.

[Emphasis]

[Yabby]

"I don't want to get shot"

[TsingTao]

Yeah, the little wink got me.

Neighbors two houses up bought one of these abominations. It's even dumber and uglier in person.

[Outlaw]

"Back in Black" has always been one of the best segments on the Daily Show.

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[6souls]

https://twitter.com/WIRED/status/1789022601035051366
https://twitter.com/dwnews/status/1789786128637170131
https://twitter.com/USATODAY/status/1789770169931153897

[Mertron]

https://twitter.com/youwouldntpost/s...731884995?s=46

“light monstertrucking”

“so very many questions”

[Meresgi]

[6souls]

https://x.com/Gizmodo/status/1792627881803177990

[Tomiko]

Surprised it wasn't posted here, but shareholders voted to give Elon his $44.9b pay package.

https://www.npr.org/2024/06/14/g-s1-...areholder-vote

[Yabby]

Rich people give other rich people more money.

[6souls]

https://twitter.com/RyanShead/status...13855039979875

[Meresgi]

https://ludic.mataroa.blog/blog/i-wi...tion-ai-again/

posting this here since Elon/AI/w/e

Pretty hilarious write up and this chart made me cringe

[Mertron]

so generally speaking, AI has maybe a 50% chance of somehow improving your business

[Meresgi]

[6souls]

https://twitter.com/CNBC/status/1823073071822950842
https://www.cnbc.com/2024/08/12/spac...twitter%7Cmain

The investigation found that SpaceX discharged industrial wastewater without a permit four times between March and July of this year.

Water deluge systems with flame deflectors diffuse heat, sound and energy generated by orbital test flights and rocket launches. But SpaceX didn’t build that system into its launch site at Boca Chica before it began test flights of the largest rocket ever, Starship.

In its first test flight of Starship in April 2023, energy from the rocket caused SpaceX’s concrete launchpad to explode, and its spacecraft also blew up in mid-air.

Chunks of concrete were hurled into a nesting and migration site important to some endangered species nearby and a 3.5-acre fire chewed through Boca Chica State Park Land south of the launchpad.

SpaceX is primarily dumping Mercury into the local water sources. Should the EPA be successful with their sanctions, SpaceX's Starship test flights would be put on hold until they build a proper water discharge system.

[TsingTao]

Have a Flipper Zero? Want a Tesla? Here's your walkthru to a new car.

https://youtu.be/7IBg5uNB7is?si=mk5uljFoXqMLA6Km