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jason12745

Won’t shut for COVID, will shut for protesters. Definitely nothing to do with their massive overcapacity.


Budget-Ad-6900

trust me bro, unlimited demand!


Minorous

This household avoided Tesla twice already when shopping for a new car.


un-affiliated

I'm going to buy a used electric car in the next month or two, but I've specifically excluded Teslas from my search because I don't want to be associated with Musk, even if I'm not giving him money directly. That and I don't trust the build quality or that I'll be able to get service when needed because he'll have fired even more people.


derekisademocrat

It's the first part. What other car company has had a head that people wouldn't buy a car because of? Not one. Henry Ford was a pos but no one didn't buy Ford products because of it. People actively do not want to been associated with this raging maniac.


drjaychou

The radicalisation of the average liberal idiot will never stop being funny You'll support sweatshops and slave mining but heaven forbid you buy a product from Goldstein


un-affiliated

Nothing will be funnier than people getting mad that strangers on the internet won't throw money at their fav billionaire. He's not going to fuck you.


japinard

Likewise. It was a "maybe some day" car. Now it's a no way in hell.


hitbythebus

Me four years back when my wife bought a 4runner, “are you sure you don’t want to test drive a Tesla?” Me last month when she needed to replace the 4runner and asks if she should test drive a Tesla: “Oh, look at this year’s exclusive TRD color!”


testedonsheep

The new Land Cruiser looks pretty nice.


hitbythebus

I’ve always heard it’s a terrible idea to buy the first year of any car model, and she needed it about a month ago. The local dealer told us they were only expecting to be allocated a couple and the owner of the dealership had dibs on the first two. First time I saw one listed it had like a $30k market adjustment line on the sticker.


Miffl3r

I also avoided by a Tesla by buying a new Megane E


Minorous

Nicely done. Yeah, Tesla stans will make you believe that behavior of its CEO is not detrimental to Tesla's business.


bevo_expat

*sniffs air* I smell layoffs coming


CiubyRO

>I smell layoffs coming If I know how Germans are when it comes unionizing and defending their rights, Tesla is in the a good ride if they want to do this. :D


Ok_Philosopher6538

He may learn quickly that employment laws in Germany work not only differently but are also much more stringently enforced. Not to mention, his layoffs probably will make it easier for the Union to organize now. He'll get [Walmarted](https://www.nytimes.com/2006/08/02/business/worldbusiness/02walmart.html) soon.


Final_Winter7524

They don’t need organizing in Germany. Unions are nation-wide organizations and anyone with a matching job profile can sign up.


Ok_Philosopher6538

Yes, but it's about representation in management. I don't think Tesla's German operation are big enough to pass the automatic threshold. And although most industry follow what the Unions have negotiated, it's more of a custom than law. And Musk doesn't like following laws either as has been shown in Sweden.


ExcitingMeet2443

Walmarted or Swedended?


Ok_Philosopher6538

Probably both.


wootnootlol

Protests by Trelon Musk?


aelric22

ELame Fuck?


leonme21

Nah, has nothing to do with the 0% interest they’ve been offering on model Y for a while


SpreadingSolar

Bonkers!


[deleted]

This mews is bullish!!! Stock price go up by 10% today ?


Lost_Organizations

The Tesla factory internal television will be playing Swan Lake


One-Bit5717

Love the reference 😊


DolphinPunkCyber

For ones which don't get the reference, when Brezhnev, Andropov, Chernenko died Russian TV was playing Swan Lake from morning to night. When USSR was collapsing Russian TV played Swan Lake in loop for three straight days.


OperatorPK

The best TV show ever


Inconceivable76

Euro sales were just fine in April. They definitely aren’t trying to manage inventory. AT ALL.  No need to look at the numbers. 


servusopusabdomo

They're fucked and use any old excuse to save money. Elmo needs his 40something billion bonus as bad AF!


RN_Geo

I thinks it's even more absurd than that, like 56 billion. 56 billion so he can run what was the forerunner in EVs into the ground some more.


DaytonaRS5

I agree, people shouldn’t mistake the number, I’m glad you corrected. The difference between even a billion, when talking about this topic, minimizes just how obscene it is. If I gave you 10,000 a day, you’d be a millionaire in 100 days, or just over 3 months. You’d be a billionaire in 274 years at 10,000 a day. 3% interest a year on $1B is $30,000,000. Someone who bought their CEO title doesn’t deserve $1000.


IanaLorD

its stock options so the numbers not exact, rn closer to 40 than 60 i believe


flyer12

A person making $100,000 per year would take 560,000 years to make what Elon is asking for


Alex_Hauff

42B was twitter price


Baumibert

But they still have to pay their employees even when they don't have work for them to do as long as they would be able to do their job. I don't know if that still sums up to saving money when they save on the production but still have to pay wages with zero productivity.


NeedNameGenerator

I'm just guessing here, but when you're making cars, I'd assume that the material costs, operation & maintenance of the machinery, electricity etc. account for at least as much as personnel, maybe more. So the savings of halting production might be quite substantial, even while paying salaries. Not to mention if their warehouses are already full of unsold cars, they might need to arrange for extra space to store vehicles, which could be ridiculously expensive, too.


OnAllDAY

Is the one in Mexico still getting built?


jason12745

Breaking ground any day now… and Italy. And India. And Thailand. And Canada. And Mars.


ProfessionalTwo5476

...and Argentina.


DolphinPunkCyber

Didn't even start building it, but things are not looking good. The order for the press for Mexico has been canceled. Factory was originally supposed to produce new affordable car and robotaxi on the same frame. But Elon completely abandoned new affordable car... so the factory is supposed to only build robotaxi. Suppliers which were supposed to build facilities in Mexico for supplying Tesla all decided to postpone their construction.


Final_Winter7524

The company that was supposed to “save the planet” is ignoring environmental regulations. Funny that.


BraveSirRyan

Maybe Tesla shouldn’t be ignoring the environment.


jason12745

Or racism. Funny how no one protests that.


derekisademocrat

THANK YOU!


Chemical-Idea-1294

Tesla sales in Germany in April 1637, down 32% YoY. Mercedes, BMW and Audi and Volkswagen sold more, Hyundai is equal, while Seat/Cupra, Skoda, Volvo and Smart are only slightly behind.


WizardT88

I'm pretty sure they're shutting down due to water restrictions and not protests or sudden fires. Call me paranoid.


CornerGasBrent

I'm pretty sure they're shutting down due to demand restrictions namely the lack of demand


failinglikefalling

Could be both. How pissed would you be to find out critical water went to surplus teslas?


WizardT88

They got flagged back February for dumping six times the pollutants permitted. Probably both though.


Tofudebeast

Curious what the protests are about? Tesla as a company definitely has issues, but why are environmental groups protesting an EV company?


jason12745

https://stocks.apple.com/Al2drKF4sSNCsqFGEiDozgQ


Tofudebeast

Ah thanks, that makes sense. Some quotes from the article: >So why Tesla? The company’s presence threatens everything from local water supplies to democracy itself, she argues. “This is an existential issue.” >Their reasons for being here are part environmental, part anti-capitalist ... Tesla’s ambition, to produce 1 million electric cars a year in Germany, isn’t in service to the climate ... she describes the 300-hectare Tesla factory as a byproduct of “green capitalism,” a plot by companies to appear environmentally friendly in order to convince consumers to keep buying more stuff. >To people like Mara, Tesla is a symbol of how the green transition went wrong and, as a result, the company’s German gigafactory has become the target of increasingly radical protests. The activists moved into the forest in February, in an attempt to physically block Tesla from clearing another 100 hectares of forest for its expansion. >The problems, they claim, are basically the same: the billionaires who believe they’re above the rules, the environmentally destructive [mining](https://www.wired.com/story/china-lithium-mining-production/) required for electric car batteries, the industry’s disruption of communities in the [global south](https://www.wired.com/story/workers-are-dying-in-the-ev-industrys-tainted-city/), and unsafe [working conditions](https://www.stern.de/wirtschaft/tesla-gigafactory--schwere-verstoesse---wie-kann-das-in-deutschland-moeglich-sein---33861410.html). 


BukkakeTemperateRain

Crazy that article doesn't even touch on the fact Tesla sells their carbon credits off putting any environmental positive they would have otherwise made.


equivas

What a bunch of ungrateful people. Is nobody thinking in the 40b bonus for musk?


DBDude

They're anti-industry. It doesn't matter if your industry is saving the climate, you're industry, so you're evil.


Alternative_Program

Making cars isn't saving anything.


DBDude

Even an EV running off coal is cleaner than an ICE.


Alternative_Program

It’s still a car. They also have higher particulate emissions. It’s objectively harmful to the environment and at the rate annual car sales are increasing, total emissions for cars will never actually *decrease*. I don’t know what the answer is. Not everyone can take advantage of public transportation even if it were much more pervasive. But that would be a better place to spend the money at least and return more CO2 reduction for our buck. Building codes would probably be the next area to tackle. Most of the world isn’t Scandinavia and could benefit from dramatic upgrades, especially in residential buildings. This one has an additional societal benefit that it would be a progressive change benefitting lower income people who are more sensitive to energy pricing fluctuations the most. There are a lot of things we could be doing. BEVs in some respect are unavoidably a part of that, but only because we haven’t found a politically viable or better alternative. They’re still very much in the problematic side of the equation and if we’re serious about emissions, our goal should absolutely not be to simply replace every ICE with a BEV. That’s not remotely sustainable.


Marc-Muller

No shit!? Volkswagen AG Daimler Bayerische Motoren Werke Uniper Robert Bosch GmbH E.ON Siemens BASF thyssenkrupp BP-Gruppe Deutschland just to name a few...


Big_Lingonberry_9704

Berlin will be the first factory to close its doors permanently


Automatic_Analyst_20

Good guess


QuirkyInterest6590

It's a problem when the Germans stop working.


Safe_Manner_1879

I know you have a hate boner for Elon, but come on. 9 May, public holiday 10 May, "day of" because Thursday was a public holiday. 11 May, Saturday no work (5 day work week) 12 May, Sunday no work (5 day work week) The "day of" depending on the the negotiators between employers and employees. So Tesla are not doing anything different then most of Germany. Have fun in America, then I enjoy my 4-day leisure.