I just deleted the last two posts that were just insulting someone's looks and added nothing useful to the discussion.
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Musk endeavours
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- Lemon Half
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Re: Musk endeavours
Moderator Message:
I just deleted the last two posts that were just insulting someone's looks and added nothing useful to the discussion.
I just deleted the last two posts that were just insulting someone's looks and added nothing useful to the discussion.
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- Lemon Half
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Re: Musk endeavours
Volkswagen plans to decide this year on a site in the United States to assemble its proposed Scout brand electric trucks and SUVs, Diess said. The company is assessing "brownfield sites and some greenfield locations," he said, using terms for existing manufacturing facilities and open fields where completely new factories could be built.
So they've only got to engineer the platform, design the pick up, secure a site, build the factory, secure supply chains and get to production. Even money it beats the CT to market?
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- Lemon Half
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Re: Musk endeavours
BobbyD wrote:Volkswagen plans to decide this year on a site in the United States to assemble its proposed Scout brand electric trucks and SUVs, Diess said. The company is assessing "brownfield sites and some greenfield locations," he said, using terms for existing manufacturing facilities and open fields where completely new factories could be built.
So they've only got to engineer the platform, design the pick up, secure a site, build the factory, secure supply chains and get to production. Even money it beats the CT to market?
Only evens!
I thought someone of your confidence in VW would be offering at least 100 to 1.
Regards,
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- Lemon Half
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Re: Musk endeavours
odysseus2000 wrote:BobbyD wrote:Volkswagen plans to decide this year on a site in the United States to assemble its proposed Scout brand electric trucks and SUVs, Diess said. The company is assessing "brownfield sites and some greenfield locations," he said, using terms for existing manufacturing facilities and open fields where completely new factories could be built.
So they've only got to engineer the platform, design the pick up, secure a site, build the factory, secure supply chains and get to production. Even money it beats the CT to market?
Only evens!
I thought someone of your confidence in VW would be offering at least 100 to 1.
Regards,
Somebody with my background in gambling knows not to give unnecessary value when setting a price.
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- Lemon Half
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Re: Musk endeavours
Super interesting fireside chat with senior vp of Tesla:
https://youtu.be/-JUlVEDitlA
Covers many things, exponential growth, sourcing lithium & many other aspects of Tesla & the renewables industry.
Regards,
https://youtu.be/-JUlVEDitlA
Covers many things, exponential growth, sourcing lithium & many other aspects of Tesla & the renewables industry.
Regards,
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- Lemon Half
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Re: Musk endeavours
AI day delayed as may soon have a working Optimus:
https://twitter.com/elonmusk/status/153 ... 41043?s=21
Regards,
https://twitter.com/elonmusk/status/153 ... 41043?s=21
Regards,
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- Lemon Half
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Re: Musk endeavours
Elon Musk cuts one in ten jobs at Tesla after ‘super bad feeling’ about the economy -
Elon Musk has ordered Tesla to cut 10pc of jobs worldwide after saying he has a "super bad feeling about the economy".
The electric car-maker’s chief executive also ordered an immediate hiring freeze in an email to staff sent on Thursday, which was seen by Reuters.
Around 100,000 staff are employed by Tesla around the world, according to its annual US Stock Exchange Commission filing.
Mr Musk’s directive to shed 10pc of staff comes after he told Tesla staff their current work from home arrangements are effectively over. He tweeted earlier this week that remote workers "should pretend to work elsewhere".
Remote work can continue at Tesla, subject to staff spending at least 40 hours a month in the office. Some have interpreted this as a tacit nod to hybrid working, where staff split their time between homeworking and the office.
Mr Musk has previously said the US was “probably” in recession, telling a conference in Miami in late May: “It’ll probably be some tough going for, I don’t know, a year, maybe 12-18 months.”
https://www.telegraph.co.uk/business/2022/06/03/elon-musk-cuts-one-ten-jobs-tesla-super-bad-feeling-economy/
In a week where Musk has also been telling his working-from-home employees that they should only WFH after doing 40 in-office hours per week, these two situations might not be completely unrelated...
Cheers,
Itsallaguess
Elon Musk has ordered Tesla to cut 10pc of jobs worldwide after saying he has a "super bad feeling about the economy".
The electric car-maker’s chief executive also ordered an immediate hiring freeze in an email to staff sent on Thursday, which was seen by Reuters.
Around 100,000 staff are employed by Tesla around the world, according to its annual US Stock Exchange Commission filing.
Mr Musk’s directive to shed 10pc of staff comes after he told Tesla staff their current work from home arrangements are effectively over. He tweeted earlier this week that remote workers "should pretend to work elsewhere".
Remote work can continue at Tesla, subject to staff spending at least 40 hours a month in the office. Some have interpreted this as a tacit nod to hybrid working, where staff split their time between homeworking and the office.
Mr Musk has previously said the US was “probably” in recession, telling a conference in Miami in late May: “It’ll probably be some tough going for, I don’t know, a year, maybe 12-18 months.”
https://www.telegraph.co.uk/business/2022/06/03/elon-musk-cuts-one-ten-jobs-tesla-super-bad-feeling-economy/
In a week where Musk has also been telling his working-from-home employees that they should only WFH after doing 40 in-office hours per week, these two situations might not be completely unrelated...
Cheers,
Itsallaguess
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- Lemon Half
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Re: Musk endeavours
Itsallaguess wrote:Elon Musk cuts one in ten jobs at Tesla after ‘super bad feeling’ about the economy -
Elon Musk has ordered Tesla to cut 10pc of jobs worldwide after saying he has a "super bad feeling about the economy".
The electric car-maker’s chief executive also ordered an immediate hiring freeze in an email to staff sent on Thursday, which was seen by Reuters.
Around 100,000 staff are employed by Tesla around the world, according to its annual US Stock Exchange Commission filing.
Mr Musk’s directive to shed 10pc of staff comes after he told Tesla staff their current work from home arrangements are effectively over. He tweeted earlier this week that remote workers "should pretend to work elsewhere".
Remote work can continue at Tesla, subject to staff spending at least 40 hours a month in the office. Some have interpreted this as a tacit nod to hybrid working, where staff split their time between homeworking and the office.
Mr Musk has previously said the US was “probably” in recession, telling a conference in Miami in late May: “It’ll probably be some tough going for, I don’t know, a year, maybe 12-18 months.”
https://www.telegraph.co.uk/business/2022/06/03/elon-musk-cuts-one-ten-jobs-tesla-super-bad-feeling-economy/
In a week where Musk has also been telling his working-from-home employees that they should only WFH after doing 40 in-office hours per week, these two situations might not be completely unrelated...
Cheers,
Itsallaguess
You've got 49 hours per month and 40 hours per week. The per week figure is what was widely reported.
Strange that somebody out to save the planet should be insisting that his staff drive unnecessary miles to sit in an office. Sounds like he really doesn't trust his workers. Work harder, not smarter.
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- Lemon Half
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Re: Musk endeavours
BobbyD wrote:
You've got 40 hours per month and 40 hours per week.
The per week figure is what was widely reported.
It's 40 hours per week, and that was the figure that was even reported by the Telegraph themselves in an earlier article about that particular email, so I'm not quite sure how they can get it so wrong in their latest 10% staff cut article -
Elon Musk has demanded Tesla staff ditch home working and hit out at his HR department for living in separate states to the factories they run.
Employees of the electric car-maker are now expected to spend a minimum of 40 hours a week in the office or be fired.
Source - https://www.telegraph.co.uk/business/2022/06/01/elon-musk-tells-tesla-staff-can-work-remotely-40-hours-office/
Cheers,
Itsallaguess
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- Lemon Half
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Re: Musk endeavours
Itsallaguess wrote:
It's 40 hours per week, and that was the figure that was even reported by the Telegraph themselves in an earlier article about that particular email, so I'm not quite sure how they can get it so wrong in their latest 10% staff cut article -
The sort of error which creepa in when you cut too many jobs to meet a management target....
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- Lemon Quarter
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Re: Musk endeavours
Traders switching to BMW shares at the beginning of 2022 have done much better than holding Tesla (down 40% ytd).
regards
Howard
(I don't hold BMW but did reduce indirect SMT holding in Tesla at the beginning of the year).
regards
Howard
(I don't hold BMW but did reduce indirect SMT holding in Tesla at the beginning of the year).
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- Lemon Half
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Re: Musk endeavours
Super interesting development. Recently Tesla said orders were off the chart, just couldn’t make stuff fast enough & then suddenly they cut 10% of the work force.
Are they seeing orders fall?
Are these folk being replaced by technology?
Very badly organised press release putting up many more questions than answers & validating the sell off we have seen this year.
I follow Tesla very closely & this surprised me, so I need more time & information to comment sensibly, but I sure don’t like anything as about this.
Regards,
Are they seeing orders fall?
Are these folk being replaced by technology?
Very badly organised press release putting up many more questions than answers & validating the sell off we have seen this year.
I follow Tesla very closely & this surprised me, so I need more time & information to comment sensibly, but I sure don’t like anything as about this.
Regards,
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- Lemon Half
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Re: Musk endeavours
More than 750 Tesla owners have complained to US safety regulators that cars operating on the automaker’s partially automated driving systems have suddenly stopped on roadways for no apparent reason.
The National Highway Traffic Safety Administration revealed the number in a detailed information request letter to Tesla that was posted on Friday on the agency’s website.
The 14-page letter dated 4 May asks the automaker for all consumer and field reports it has received about false braking, as well as reports of crashes, injuries, deaths and property damage claims. It also asks whether the company’s “full self driving” and automatic emergency braking systems were active at the time of any incident.
- https://www.theguardian.com/technology/ ... hout-cause
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- Lemon Slice
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Re: Musk endeavours
Itsallaguess wrote:....Elon Musk has ordered Tesla to cut 10pc of jobs worldwide.....
Tesla goes ex-growth....? Down by 10% today, coincidentally or otherwise.
It's priced for massive and sustained growth (until it exceeds all other car manufacturers put together, and then some). Now with less workers? More robots perhaps?
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- Lemon Half
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Re: Musk endeavours
NotSure wrote:Itsallaguess wrote:
....Elon Musk has ordered Tesla to cut 10pc of jobs worldwide.....
Tesla goes ex-growth....? Down by 10% today, coincidentally or otherwise.
It's priced for massive and sustained growth (until it exceeds all other car manufacturers put together, and then some). Now with less workers? More robots perhaps?
I still think, as I always have, that the single biggest risk for Tesla is the guy at the top with the knee-jerk Twitter account.
Oh to be a fly on the wall in those post-tweet board-meetings...
Cheers,
Itsallaguess
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- Lemon Half
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Re: Musk endeavours
Having collected more information this looks like a shedding of 10% of the salaried workers & no production staff whose numbers will likely increase.
Dave Leigh in this short video addresses many if the issues here:
https://youtu.be/1z3pCBf1fFc
Overall this looks like a buying opportunity.
Regards,
Dave Leigh in this short video addresses many if the issues here:
https://youtu.be/1z3pCBf1fFc
Overall this looks like a buying opportunity.
Regards,
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- Lemon Half
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Re: Musk endeavours
All hands talk given to SpaceX, including noting they have sent 15,000 star link systems to Ukraine:
https://twitter.com/elonmusk/status/153 ... o0gkmVBwXw
Does not seem to be any audio.
Regards,
https://twitter.com/elonmusk/status/153 ... o0gkmVBwXw
Does not seem to be any audio.
Regards,
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- Lemon Half
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Re: Musk endeavours
Ok, I've lost count....
https://www.automotiveworld.com/news-re ... lli-plant/
At the Volkswagen Commercial Vehicles (VWCV) brand’s main plant in Hannover, where production of the ID. Buzz Cargo[1] has already begun, serial production of the ID. Buzz[1] is now starting. Josef Baumert, Member of the VWCV Brand Management Board for Production and Logistics, and Stavros Christidis, Chairman of the VWCV Works Council, celebrated the start of ID. Buzz production along with many employees. Alongside Zwickau and Emden, Hannover is Volkswagen’s third electric vehicle site in Germany where the ID. family vehicles are being produced.
https://www.automotiveworld.com/news-re ... lli-plant/
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- Lemon Half
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Re: Musk endeavours
BobbyD wrote:Ok, I've lost count....At the Volkswagen Commercial Vehicles (VWCV) brand’s main plant in Hannover, where production of the ID. Buzz Cargo[1] has already begun, serial production of the ID. Buzz[1] is now starting. Josef Baumert, Member of the VWCV Brand Management Board for Production and Logistics, and Stavros Christidis, Chairman of the VWCV Works Council, celebrated the start of ID. Buzz production along with many employees. Alongside Zwickau and Emden, Hannover is Volkswagen’s third electric vehicle site in Germany where the ID. family vehicles are being produced.
https://www.automotiveworld.com/news-re ... lli-plant/
Buzz is in small scale production, aiming for 15,000, later 130,000 but VW do not give a range figure for it:
https://www.autoexpress.co.uk/volkswage ... n-revealed
With its square front angled back it has little between the driver and anything it might hit and looks ugly to me, but given the various clean air initiatives it will no doubt be a blessing for users in London and else where as diesel vehicles slide into history, but this is a commodity space, not one that is likely to drive good margins for VW even if they can reach their manufacturing goals.
Regards,
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- Lemon Quarter
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Re: Musk endeavours
odysseus2000 wrote:this is a commodity space, not one that is likely to drive good margins for VW even if they can reach their manufacturing goals.
This Whatcar test drive of a prototype Buzz suggests over £50k for the passenger versions, hardly commodity pricing :
https://www.whatcar.com/news/2022-volks ... ate/n24171
With lithium prices up over 4-fold in the last year, pricing is going to be challenging for the next few years.
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