Technology

59217 readers

2764 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

[email protected]

407

Tesla profits nosedive as more job cuts announced (www.bbc.com)

submitted 6 months ago by [email protected] to c/[email protected]

81 comments fedilink hide all child comments

Tesla has seen its profits more than halve this year, and says it will bring forward the launch of new models after announcing thousands of job cuts to try to reverse its fortunes.

Despite plans to bring forward new models originally planned for next year the firm is cutting its workforce.

Tesla said it would lose 3,332 jobs in California and 2,688 positions in Texas, starting mid-June.

The cuts in Texas represent 12% of Tesla's total workforce of almost 23,000 in the area where its gigafactory and headquarters are located.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 23 points 6 months ago (2 children)

Actually, they're speedrunning the Boeing approach.

"Announce new technological marvels while simultaneously slashing their workforce" is just two steps before "product falls apart during usage".

[–] [email protected] 17 points 6 months ago (1 children)

I mean, cybertrucks get bricked in a carwash, pretty sure that qualifies under usage and falling apart

[–] [email protected] 2 points 6 months ago

Honestly the welding and soddering joints breaking down in some vehicles is also a pretty good example of dropping quality. The cybertruck is a mess from the start but the other cars in theory are kinda ok, like I would fucking burn one if it was force on me but I think late 80s interiors are peak.

[–] [email protected] 1 points 6 months ago

I thought Teslas were already doing that. 🤔