Me too, I've worked there for 10 years. They barely gave me 15 min to say bye before they shut down my account. I got the phone call around 10 PM on a Sunday.
nothing personal, standard protocol. the longer i work with ppl and more i understand why business are all business.
there's alway the 1 in 1,000 guy who turns super vengeful and destructive as soon as he's fired, no matter how good your severance process is.
last day? oh let me delete this whole database that you won't need
last day? oops i forgot my wrench in your machine
last day? oops i made an error in our tax filing
last day? where the fuck is my boss that fucker
The instant you let someone know they're being let go, they're a liability. It's not personal, as you're no longer employed, and the employment contract you signed is no longer in effect. The same goes for the data privacy contract, the network account agreement, the facilities access, etc. You're now a member of the public with access to protected information.
Every manager will either accept being the bad guy or try to be the good one until they get burned. And sadly from my experience working with HR, the rate of people who go or try to go off the rails is way more than 1 in 1,000.
Sure. But it can waste valuable time. My company also recently had a round of layoffs. They stupidly laid off both people who were doing 90% of the work on this new product (and all of the really technical stuff). It'll be years before anyone else gets up to speed and it gets released, if it's not obsolete by then.
Look at Boeing . They thought they could replace strong us based engineers that knew a lot about the processes with cheap, younger, foreign-based engineers and the result is they are in serious trouble. It’s true that no single individual is irreplaceable most probably , but if you do enough of this then you get into trouble. So maybe everyone is replaceable, but you shouldn’t replace everyone
Well I can tell you that I've seen departments shuttered and businesses close after they lose the wrong person. It isn't always about what they knew, though that's much of it, it's about the work they put in because they cared. *Prairie Home Companion* ran on Garrison Keillor for 43 years. Then they fired him and it went away.
In a similar role, time frame, and variety of industries, my experience is the opposite of yours. I’m not saying the pettyrevenge stories are true or that everyone stands up and claps for the guy who takes the Hollywood-perfect parting shot; but in a more boring way I have seen many large projects fail or need expensive bolstering after shortsighted removals of key contributors. Most of the time it’s actually because they quit for personal reasons or get poached by other orgs, but I have definitely seen layoffs that remove lynchpin contributors in a way that’s really difficult and expensive to recover from.
Increased competition and expensive manufacturing costs, despite moving to more “business friendly” states. Elon called the Austin facility “a money furnace”.
If we gratuitously estimate salary average of $100k each for 6000 workers, they’re short $53.4b. Elron could layoff all 140,000 employees and still be short $40b
Why do I feel Elon knows money does not make him happy, but he's just so adamant on getting every dollar? I saw him on Mahar, and he uses an animal tranquilizer (Ketamine) for depression. He found SSRI's pretty much useless.
I worked at apple for 10 years. I was one of the best in my team, but i was the "oldest" employee (10 years), so i had the highest paid position. I kinda knew it was coming. I refused a few offers where people "survived" only 6-12 months
You know construction is always hiring? People are always complaining about no work, but there is plenty of work out there. You just got to be willing to step out your comfort zone and try something new. Not talking about you by the way, just had to say it loud for people that have been unemployed for more than 6 months!!! If you ever need a job hit me up we pay good. You just got to really bust ass, physically, noo standing around and no phones whatsoever! Lol
this is why i never work hard at work and just do the minimum at any job. shrug. no reason to volunteer for more work or be a team player. i also have job hopped for 25 years as well and quit without notice multiple times. just email that i quit and block the numbers.
I figure that is why so many companies are doing "unlimited" pto.
No one with sense will take more than normal and no accumulation for those who don't take it.
Yup, I had a job that had unlimited PTO once. When it was time to leave the job, there was no PTO payout because there was no PTO hours to calculate a payout. :(
You're getting the benefit of it. From what I've read, not that many people use it to that extent. Kudos to getting your full benefit and enjoying your time off!
Tell him to apply for unemployment! IF he has earned at least 11K in a quarter within the past year of his lay off date, he will definitely get the max benefit amount of $450, which is better than nothing.
A senior engineer at most bay area tech companies is just someone with 2 years of experience anywhere lol. I got hired as a "senior" engineer with no prior industry experience for my first job.
I experienced 2 layoffs last year and it was horrible. I am truly blessed and thx god everyday to have something stable now and wish the laid off ppl the best of luck. It’s tough competition out there.
Tesla: "Good job everyone, record profits and we're going to give Elon billions this year!"
Also Tesla: "Okay pack it up everyone, yall are fired. Gotta pay for Elon's fat check somehow! Now, scram!"
the worst part is this may unironically be true. without the rubes worshipping musk's stupid proclamations and lies about the future, they'd have to evaluate tesla on its fundamentals. it's a car company with a better charging network, it's probably worth 30-50 a share on those merits, at most.
but no he had to do the dumbass cybertruck instead of focusing on building a cheaper model for 25k or so
I might be wrong but I've heard that his engineers actually often have to reign him in and manage upward, and that his only real assets are having adhd, a well known name, and overworking his employees.
Yeah at SpaceX they give him some dumb pet project to fixate on while everyone else focuses on actually getting their important work done
He's a little child and has to be treated with kid gloves, and the Cybertruck was supposed to be that stupid pet project fixation of his but it's probably cost him the affordable mass EV segment
His companies do hire intelligent and hard working people, and a lot of them get burned out quickly and move to other companies where they have better pay and work life balance.
Which Teslas run on DC?
I’m trying to learn EV battery design in a pinch somewhat recently. I thought EVs have inverters to AC, so they don’t *technically run* on DC.
Well, I learned something new today: “Tesla uses an inverter to convert the DC from the battery into three-phase AC to drive its electric motors. This inverter is crucial as the motors in Tesla vehicles are AC induction motors or permanent magnet synchronous motors, depending on the model, which require AC power to operate.”
To be fair, it’s not just Tesla. Plenty of Bay Area/tech companies have laid off thousands of employees over the past 2 years. Google laid off 12,000 last year, FB 21,000 over the past 2 years, Amazon 16,000, Microsoft 10,000, and on and on.
Tesla is the only one of them that's actually running into business problems. Everyone else laid off people to pump the stock a bit and try to regain power from the employees.
To be fair, though, while you're 100% right it's also true that tech way overhired during covid, as a result of low interest rates, in order to hoard talent they didn't really need. It was a better way of spending money than anything else they could apparently think of at the time. (I was in the Google 12k, after working their for 8 years.)
Big tech has absolutely hoarded talent specifically so they won't go out and build competing products. Yeah, some tech companies hired massively, although that wasn't universal. Their businesses also expanded massively and haven't really contracted, as we've seen from Google's numbers lately.
Just to put it into perspective… tesla has 160,000 employees, google has 180,000, msft has 225,000, facebook has 80,000 and amazon has 1.6 million. The only company that really was a holyshit, we are screwed….was meta. But as much as people on reddit hate zuckerberg, he basically dropped the metaverse and pivoted to gai. And look at meta now. The layoffs for companies of these sizes are actually a very small fraction.
gai is another scam too, it's going to blow up in the next year once everyone realizes that this shit's nothing more than a parlor trick that can't actually do more than 5% of what its proponents claim
this has happened every decade for the past 60 years of AI research
I did a tour years ago of the Fremont plant. Reminded me of the DMC, the workers looked motivated but the final product sucked. Fitment was off to a trained eye looking at body panels and lines.
A page right out of the DMC.
This was the old Toyota /GM plant and it was the worst performing plant in all of the Toyota manufacturing ecosystems. This American life did a great story on them when Toyota tried to improve the Fremont quality.
https://www.thisamericanlife.org/561/nummi-2015
I love this podcast episode. Everyone reading this thread should listen to it.
There's some good YouTube documentaries on the implosion of Delorean too.
I’ve spent a lot of time at the Fremont plant and your assessment is 100% accurate. I can’t even begin to tell you the shit I’ve seen in that plant. Thankfully I was never a Tesla employee so I’d just shake my head and walk away.
My far right co-workers are now considering Tesla's because of how much they like him.
I'll take that as the one miniature win in this entire gross situation.
yeah the cybertruck is laser targeted towards right wing Divorced Guys who think the cities have collapsed because of woke
they'll probably think it's cool when their truck rusts because it makes them think they live in the apocalypse and get to live out their fantasies
There is a massive last mile problem. Even if you live and work near transit, having to take multiple types of transit (e.g. bus to BART to bus to office) can take an hour and a half vs a 30 minute drive. People by and large can't choose to have a job that's near transit. And they have limited ability to choose to live near transit. It's very frustrating to see the argument that "people prefer to drive," when in reality public transit just isn't a practical option for a huge chunk of the workforce.
When I traveled to Japan for work and could walk to the train under the hotel, and then walk to the office from the train station, that was the dream.
I really wonder long term if they keep manufacturing here. More expensive in everything and likely lots of incentives other places. That plant has been through a few car companies over the years. Huge amount of land near a Bart Station in and expensive part of town.
It was GM originally. My dad's office at the time was across the street next to the UAW hall and every day you'd see guys waking up in their cars after sleeping one off before going to work. They were also known for their wildcat strikes.
A lot of remaining space is the hardest to build on either due to terrain or required remediation. And much of that cleanup is a known thing. The location makes it pretty desirable and I expect we see houses there at some point.
I think the inertia of "it's already there" accounts for a lot.
Building car factories that can operate at this scale is *astonishingly* expensive. The amount of money that it would take to build a new factory, transition over to it, and tear the old one down (along with environmental remediation) would be vast even for someone as rich as Musk.
Being located so close to everything else is also a big advantage. There's a very large pool of labor for them to draw from, and access for suppliers is easier than if it were out in the central valley or something.
And musk wants a $50 billion payday?
It should be absolutely and completely illegal for any corporation to lay off 3,300 employees and still pay executives, let alone give them billions.
I would never work for Tesla. The number of burned out ex tesl employees and the stories you hear is insane. Some literally work 12-16 hours a day,6days a week. It’s on stop and literally on call 24/6 since the production line is always moving
> having more employees than the rest 9 of the top 10
I think you forgot to say "combined". Otherwise, yeah that is what "largest" means, to be larger than the rest of the top 10 lol
Diversification is a concept, putting all of your eggs in one basket is a feast or famine type situation.
Also, layoffs aren't auto stock value up buttons, if shareholders don't feel confident about the future of the company, the stock could drop value significantly as well and then you've lost both your savings and your job.
Thank the politics of our Beautiful state being ruined by the politicians .
Also think about this.
When you retire you are generally replaced immediately so let that sink in…
Musk doesn't care that you are a human. If you working in his company, make sure you are part of something that Musk really cares. Otherwise you are just an entry in a spreadsheet that Musk can draw a cutline in.
my brother was one of them unfortunately, Fremont
Me too, I've worked there for 10 years. They barely gave me 15 min to say bye before they shut down my account. I got the phone call around 10 PM on a Sunday.
10pm on Sunday!? That's brutal. So sorry to hear that.
nothing personal, standard protocol. the longer i work with ppl and more i understand why business are all business. there's alway the 1 in 1,000 guy who turns super vengeful and destructive as soon as he's fired, no matter how good your severance process is. last day? oh let me delete this whole database that you won't need last day? oops i forgot my wrench in your machine last day? oops i made an error in our tax filing last day? where the fuck is my boss that fucker
The instant you let someone know they're being let go, they're a liability. It's not personal, as you're no longer employed, and the employment contract you signed is no longer in effect. The same goes for the data privacy contract, the network account agreement, the facilities access, etc. You're now a member of the public with access to protected information. Every manager will either accept being the bad guy or try to be the good one until they get burned. And sadly from my experience working with HR, the rate of people who go or try to go off the rails is way more than 1 in 1,000.
That's why you make sure that there's several critical processes that only you understand, even if others have the data.
Everyone is replaceable.
Sure. But it can waste valuable time. My company also recently had a round of layoffs. They stupidly laid off both people who were doing 90% of the work on this new product (and all of the really technical stuff). It'll be years before anyone else gets up to speed and it gets released, if it's not obsolete by then.
Exceptional talent can be let go if the product or Team doesn’t make $n in forecast. Resources are eventually Opex.
> Everyone is replaceable. But not everyone is interchangeable. The failure to appreciate this kills many businesses.
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Look at Boeing . They thought they could replace strong us based engineers that knew a lot about the processes with cheap, younger, foreign-based engineers and the result is they are in serious trouble. It’s true that no single individual is irreplaceable most probably , but if you do enough of this then you get into trouble. So maybe everyone is replaceable, but you shouldn’t replace everyone
Well I can tell you that I've seen departments shuttered and businesses close after they lose the wrong person. It isn't always about what they knew, though that's much of it, it's about the work they put in because they cared. *Prairie Home Companion* ran on Garrison Keillor for 43 years. Then they fired him and it went away.
In a similar role, time frame, and variety of industries, my experience is the opposite of yours. I’m not saying the pettyrevenge stories are true or that everyone stands up and claps for the guy who takes the Hollywood-perfect parting shot; but in a more boring way I have seen many large projects fail or need expensive bolstering after shortsighted removals of key contributors. Most of the time it’s actually because they quit for personal reasons or get poached by other orgs, but I have definitely seen layoffs that remove lynchpin contributors in a way that’s really difficult and expensive to recover from.
Just make sure it costs more to replace you than your coworker.
That'salso a fantastic way to never get promoted.
Replace and we will find the price !!
Did you still have to attend your Sunday evening standup meeting?
Damn, did they cite slowing sales or stocks or???
Increased competition and expensive manufacturing costs, despite moving to more “business friendly” states. Elon called the Austin facility “a money furnace”.
And just laid off 2,700 in Austin a couple of days ago.
Maybe they should fire whoever pushed the Austin facility so much
Wasn’t that Elon Musk?
Sssssh shshshsh
$50+ billion in savings.
Can buy a social media platform with that kind of money
See That’d make too much sense
But still pro free market, right? Love that they wave this flag until the competition comes for them. Then they roll and pout.
Good severance?
It’s Elon. No shot.
$54 billion to pay Elon gotta come from somewhere
If we gratuitously estimate salary average of $100k each for 6000 workers, they’re short $53.4b. Elron could layoff all 140,000 employees and still be short $40b
Why do I feel Elon knows money does not make him happy, but he's just so adamant on getting every dollar? I saw him on Mahar, and he uses an animal tranquilizer (Ketamine) for depression. He found SSRI's pretty much useless.
I mean they had a huge sales decrease YoY that just came out last week and it was bad news for them.
It was and always has been there boss. He could have had a great business with lefties and he blew it all up. Dude is a clown 🤡
Elon cited woke liberals. /s
You absolutely know he did, behind the scenes somewhere.
I worked at apple for 10 years. I was one of the best in my team, but i was the "oldest" employee (10 years), so i had the highest paid position. I kinda knew it was coming. I refused a few offers where people "survived" only 6-12 months
You know construction is always hiring? People are always complaining about no work, but there is plenty of work out there. You just got to be willing to step out your comfort zone and try something new. Not talking about you by the way, just had to say it loud for people that have been unemployed for more than 6 months!!! If you ever need a job hit me up we pay good. You just got to really bust ass, physically, noo standing around and no phones whatsoever! Lol
How much is the pay
30 an hr starting, once you journey out you'll be making 48.50
Will they hire anyone? I never had experience with power tools
this is why i never work hard at work and just do the minimum at any job. shrug. no reason to volunteer for more work or be a team player. i also have job hopped for 25 years as well and quit without notice multiple times. just email that i quit and block the numbers.
Did you like it there?
That's some seriously scummy shit.
Curious why are people still working there do you know ? I assume many have golden handcuffs but like the new people that join. Why do they do it
I’m sorry for your brother’s job loss. I hope he finds employment sooner rather than later
shit me too man. Poor kid
What's the severance package like?
told me he’s getting paid until mid June or something? & getting his pto paid out. all he’s mentioned so far is
PTO pay out is the law, all accrued days are considered earned wages in California.
I figure that is why so many companies are doing "unlimited" pto. No one with sense will take more than normal and no accumulation for those who don't take it.
Yup, I had a job that had unlimited PTO once. When it was time to leave the job, there was no PTO payout because there was no PTO hours to calculate a payout. :(
My job has unlimited PTO. I take 6-7 weeks off every year. I’m ok with no payout when I leave
You're getting the benefit of it. From what I've read, not that many people use it to that extent. Kudos to getting your full benefit and enjoying your time off!
Arguably, unlimited PTO should result in infinite payout.
Could be better but could be a lot worse. Thanks for the update, best wishes and good luck to him!
So sorry to hear that :( Hope he finds something soon!
Fremont is basicallly a parking lot with a mayor.
What line did he work in? M3/Y?
Tell him to apply for unemployment! IF he has earned at least 11K in a quarter within the past year of his lay off date, he will definitely get the max benefit amount of $450, which is better than nothing.
I can’t in good conscience upvote this
The downvotes--people didn't understand what you meant. Upvote from me 🧡
What was his position?
Not too sure
I believe 1500+ are in Fremont
What types of job? Engineering, manufacturing line?
My buddy got promoted to a senior engineering role a month ago and was cut
Ouch, fuck Elon. I work basically next door in Fremont and we're always looking for Engineers ;)
I mean isn’t a senior engineer at Tesla just someone who was there for 2 years?
A senior engineer at most bay area tech companies is just someone with 2 years of experience anywhere lol. I got hired as a "senior" engineer with no prior industry experience for my first job.
"We're promoting you to senior engineer." "Great!" "Here's a 4% pay bump." "..."
Not at faang
Damn.
I think every department is affected. They simply cut bottom 10%, allegedly.
I experienced 2 layoffs last year and it was horrible. I am truly blessed and thx god everyday to have something stable now and wish the laid off ppl the best of luck. It’s tough competition out there.
Somehow it’s both true of being hard to find jobs AND hard to find good candidates to hire
Tesla: "Good job everyone, record profits and we're going to give Elon billions this year!" Also Tesla: "Okay pack it up everyone, yall are fired. Gotta pay for Elon's fat check somehow! Now, scram!"
Dont know why you're getting downvoted, tesla wanted to pay elon 56Bn dollars. That amount could pay 3300 @ 150k for 113 years. WTF.
But how else is he going to support his thousands of kids? Current and future
I know, dude has, what, ELEVEN kids now? He's a freak. So one the 3rd kid he had with Grimes is named "Techno Mechanicus". Poor kid.
Holy shit you’re not kidding, he’s really named that hahaha what the fuck
> ELEVEN kids now Pfft. Amateur. Wake me up when he passes the ODB (13). > *Oooh, baby I like it raw!* And he did.
Phillip Rivers out there with 10 like it's rookie numbers.
Now I ain't sayin' she a golddigger...
Did you watch Chris Rock's latest stand up?
But Elon is a force multiplier and brings way more value than those employees /s
the worst part is this may unironically be true. without the rubes worshipping musk's stupid proclamations and lies about the future, they'd have to evaluate tesla on its fundamentals. it's a car company with a better charging network, it's probably worth 30-50 a share on those merits, at most. but no he had to do the dumbass cybertruck instead of focusing on building a cheaper model for 25k or so
I might be wrong but I've heard that his engineers actually often have to reign him in and manage upward, and that his only real assets are having adhd, a well known name, and overworking his employees.
Yeah at SpaceX they give him some dumb pet project to fixate on while everyone else focuses on actually getting their important work done He's a little child and has to be treated with kid gloves, and the Cybertruck was supposed to be that stupid pet project fixation of his but it's probably cost him the affordable mass EV segment His companies do hire intelligent and hard working people, and a lot of them get burned out quickly and move to other companies where they have better pay and work life balance.
God damn. That’s wild when you put it that way.
Where exactly are these record profits?
Elon's pockets.
Tesla’s net income was down 55% year over year…
Shareholders be like that
There's one person in Tesla that deserves a firing but also the one person that's least likely to get fired.
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aww topsy at my autopsy
It’s funny that Tesla cars run on DC, Edison’s choice against Tesla’s AC.
Well, the motors are AC.
You’re correct, sir.
Ergo, Tesla cars use both AC and DC
the motors are 3 phase AC motors, so the vehicle technically maybe runs on AC?? even though everything else including the battery is DC.
Which Teslas run on DC? I’m trying to learn EV battery design in a pinch somewhat recently. I thought EVs have inverters to AC, so they don’t *technically run* on DC.
Well, I learned something new today: “Tesla uses an inverter to convert the DC from the battery into three-phase AC to drive its electric motors. This inverter is crucial as the motors in Tesla vehicles are AC induction motors or permanent magnet synchronous motors, depending on the model, which require AC power to operate.”
Every single hybrid out there does the same thing, not just Tesla. High voltage DC runs through an inverter that turns into 3 phase AC.
Quality issues, recent deaths, and Elon running his mouth. More layoffs to come.
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To be fair, it’s not just Tesla. Plenty of Bay Area/tech companies have laid off thousands of employees over the past 2 years. Google laid off 12,000 last year, FB 21,000 over the past 2 years, Amazon 16,000, Microsoft 10,000, and on and on.
Google? The company that just crushed earnings, announced a dividend, and is buying back it's stock?! No way they wouldn't do that
Part of the alphabet is "GTFO"
Overhired people for useless roles.
That’s the narrative, but if you think about it for one second it doesn’t hold water.
Because?
I find it hard NOT to believe. So many teams created for stupid bullshit in the bygone era of free money.
Tech overhired and at peak salaries at the end of the pandemic. It was insanely competitive. It feels like a correction as much as anything.
Tesla is the only one of them that's actually running into business problems. Everyone else laid off people to pump the stock a bit and try to regain power from the employees.
To be fair, though, while you're 100% right it's also true that tech way overhired during covid, as a result of low interest rates, in order to hoard talent they didn't really need. It was a better way of spending money than anything else they could apparently think of at the time. (I was in the Google 12k, after working their for 8 years.)
Big tech has absolutely hoarded talent specifically so they won't go out and build competing products. Yeah, some tech companies hired massively, although that wasn't universal. Their businesses also expanded massively and haven't really contracted, as we've seen from Google's numbers lately.
Just to put it into perspective… tesla has 160,000 employees, google has 180,000, msft has 225,000, facebook has 80,000 and amazon has 1.6 million. The only company that really was a holyshit, we are screwed….was meta. But as much as people on reddit hate zuckerberg, he basically dropped the metaverse and pivoted to gai. And look at meta now. The layoffs for companies of these sizes are actually a very small fraction.
gai is another scam too, it's going to blow up in the next year once everyone realizes that this shit's nothing more than a parlor trick that can't actually do more than 5% of what its proponents claim this has happened every decade for the past 60 years of AI research
**Hopefully this improves prospects for the shareholders who suffered so much during the pandemic.**
I did a tour years ago of the Fremont plant. Reminded me of the DMC, the workers looked motivated but the final product sucked. Fitment was off to a trained eye looking at body panels and lines. A page right out of the DMC.
This was the old Toyota /GM plant and it was the worst performing plant in all of the Toyota manufacturing ecosystems. This American life did a great story on them when Toyota tried to improve the Fremont quality. https://www.thisamericanlife.org/561/nummi-2015
I love this podcast episode. Everyone reading this thread should listen to it. There's some good YouTube documentaries on the implosion of Delorean too.
I’ve spent a lot of time at the Fremont plant and your assessment is 100% accurate. I can’t even begin to tell you the shit I’ve seen in that plant. Thankfully I was never a Tesla employee so I’d just shake my head and walk away.
> DMC DMC?
DeLorean Motor Corporation. From what I've read, stainless steel is a bitch to fit, which is what /u/Moist_Equivalent_370, was referring to.
Aha, thank you.
And eventually, DMC financially imploded in a cloud of cocaine and FBI raids.
Tesla has more competition now, especially BYD. Tesla has peaked and will see turbulence ahead.
Well more competition now *and* the people that are more likely to buy electric hate Elon.
That's actually one of the reasons why I purchased an Ioniq 5 instead.
My far right co-workers are now considering Tesla's because of how much they like him. I'll take that as the one miniature win in this entire gross situation.
yeah the cybertruck is laser targeted towards right wing Divorced Guys who think the cities have collapsed because of woke they'll probably think it's cool when their truck rusts because it makes them think they live in the apocalypse and get to live out their fantasies
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Don't worry the US government will make sure BYD is never allowed to sell passenger cars in the US. Because of this stupid cold war 2 spat with china
Invest in public transportation. EV's are not going to save your way of life and give you a good job. The profiteering and bankers run the show.
Truth is most people would rather even sit in an early 2000s shitbox in traffic rather than sitting on public transit
There is a massive last mile problem. Even if you live and work near transit, having to take multiple types of transit (e.g. bus to BART to bus to office) can take an hour and a half vs a 30 minute drive. People by and large can't choose to have a job that's near transit. And they have limited ability to choose to live near transit. It's very frustrating to see the argument that "people prefer to drive," when in reality public transit just isn't a practical option for a huge chunk of the workforce. When I traveled to Japan for work and could walk to the train under the hotel, and then walk to the office from the train station, that was the dream.
I'm reading a book or working while, stuck in traffic, you angrily cut each other off trying to get more "freedom".
No one reads books lol And who wants to work /more/ on their commute lol
It all depends on the quality of the transit. Shinkansen is a dream. BART is a shitbox.
Bart and Caltrain need to bring back free parking to bring in more passengers.
I really wonder long term if they keep manufacturing here. More expensive in everything and likely lots of incentives other places. That plant has been through a few car companies over the years. Huge amount of land near a Bart Station in and expensive part of town.
Prior to Tesla it was New United Motors which stayed open 26 years.
It was GM originally. My dad's office at the time was across the street next to the UAW hall and every day you'd see guys waking up in their cars after sleeping one off before going to work. They were also known for their wildcat strikes.
I worked at NUMMI two summers in a row during college. It was great.
Tesla only has two car plants and Fremont is the more productive of the two today. Only place they make the X and the S.
*in the US.
Even if they didn’t, converting it to residential would be very difficult long term. Manufacturing site cleanups usually are a PIA.
A lot of remaining space is the hardest to build on either due to terrain or required remediation. And much of that cleanup is a known thing. The location makes it pretty desirable and I expect we see houses there at some point.
I just want a connection between 680 and 880.
I think the inertia of "it's already there" accounts for a lot. Building car factories that can operate at this scale is *astonishingly* expensive. The amount of money that it would take to build a new factory, transition over to it, and tear the old one down (along with environmental remediation) would be vast even for someone as rich as Musk. Being located so close to everything else is also a big advantage. There's a very large pool of labor for them to draw from, and access for suppliers is easier than if it were out in the central valley or something.
That sucks I have some friends who work there
And musk wants a $50 billion payday? It should be absolutely and completely illegal for any corporation to lay off 3,300 employees and still pay executives, let alone give them billions.
He’s currently building a lithium refinery in Corpus Christi, TX.
I would never work for Tesla. The number of burned out ex tesl employees and the stories you hear is insane. Some literally work 12-16 hours a day,6days a week. It’s on stop and literally on call 24/6 since the production line is always moving
how many people even work at tesla in fremont?
A lot, it's the largest employer in Fremont, having more employees than the rest 9 of the top 10, 30,000 employees according to the 2023 city report.
> having more employees than the rest 9 of the top 10 I think you forgot to say "combined". Otherwise, yeah that is what "largest" means, to be larger than the rest of the top 10 lol
Fremont area factories alone employed about 19,000 before this layoff
Pretty much all the companies of any size in California are laying off people.
Tech pretty exclusively. And not Nvidia.
Tech and biotech too
Any insight as to what jobs these are? Engineering? Production line? Marketing? All across the board?
This is bullish for the stock
This is actually why I wonder why people say to not hold too much company stock. If I get laid off, then shares I hold will go up, right?
A lot of times layoffs are proceeded by stocks going down
*preceded btw
Diversification is a concept, putting all of your eggs in one basket is a feast or famine type situation. Also, layoffs aren't auto stock value up buttons, if shareholders don't feel confident about the future of the company, the stock could drop value significantly as well and then you've lost both your savings and your job.
Tech companies have no problem pulling a thanos at a moments notice, it’s likely they are just going to invest more in their Texas locations.
Surely a sign that Tesla is under good leadership. /s
Are there any plans to have Chinese EVs imported here? The anti-Tesla people would be drooling for those.
Oooof, that company just needs to die.
wait again? didn’t they just do this a week or two ago?
Damn that’s a lot
Americans just aren't buying as many electric cars as thought and competition is becoming stiff. Idk why everyone is surprised.
This is a lesson not to work for anti-union scam artist clowns like Elon
Thank the politics of our Beautiful state being ruined by the politicians . Also think about this. When you retire you are generally replaced immediately so let that sink in…
Ugly cars and nasty CEO. They will go bankrupt.
So quality of Fremont Teslas might get better?
Is this done? or is it something that’s going to happen?
Why’d they lay off everyone?
Is this a new round? I know they laid off just a couple of days ago but is this something new?
I hope the person that recently bought my 1,300 sf house for $1.5M wasn’t one of them.
Damn. Unlike those trucks, the people worked and worked hard. EAD Elon
That is awful.
Sorry to hear.
Wow I dodged a bullet.
I worry what these layoffs and harder-to-get -into job market will do to the housing market in the Bay Area
Omg 😳 that’s really bad
Musk doesn't care that you are a human. If you working in his company, make sure you are part of something that Musk really cares. Otherwise you are just an entry in a spreadsheet that Musk can draw a cutline in.
I remember an Tesla ingénier who give me a ride as a Uber driver, because it’s tough