So basically all cars are sold with gradual increase in price, only higher trim cars are being sold, quarter over quarter increasing margins and alleged decreasing labor cost, and potential for Optimus robot coming soon. This would take over menial tasks in the factory, saving labor and Workers insurance as well as increasing speed. Sounds like a interesting plan to make more profit but then again the market does not want that.
Agreed. Also this hourly vs salaried clarification seems to have been in our face all along…his statements about how WFH is over. Factory, hourly, workers generally don’t have the option to WFH, typically that's salaried desk jobs. So, this issue Elon has with the workforce is not with the hourly factory workers who never had the option to "phone it in", who are still ramping production and explains why they are still hiring those positions....Bullish IMO.
Yeah, without knowing how many people are affected here it's hard to say what this looks like.
I'd say 24k salaried is a little low, but estimates of 60k are probably high. I'm expecting 3-5k firings from this... that is a shot in the dark number though.
I've to wonder ....
The salaried cost is already baked in for this quarter.
It didn't help that the Texas Legislators declared battery storage to be electrical production which eliminated companies such as OnCor from deploying battery storage to even out power surpluses and deficits. Had they not done this, most of the problem two years ago would have been non-existent because battery storage would have carried Texas over in many cases. OnCor did have a plan to purchase Tesla batteries, but as soon as the Legislators found out about it, they declared battery storage as energy production stopping the sale.
Good luck on that with U.S. large companies. Manager = either no overtime, or overtime only if approved (once in two years, so they can say that management employees actually get overtime).
This is why the "uncertainty" in FUD works.
I don't think so. This to me smells like Elon got a LOT of pushback on the back-to-work memo and decided to rain hellfire on the office workers.
Huh. And all along I thought Elon’s idea is to have more people wanting to buy Tesla’s products (which led me to buy the stock).
something, something not reflections off the water 
CNBS is just entertainment and as such not required to hold to any standard.
Trump slowed the transition to EVs and clean energy. You have to have your head in the sand if you dont realize that. You know what Elon says is the key mission. Trump still freaking attacks wind energy and solar. Of course EV awareness has increased, how much more would it have increased had Trump not gone against green energy movement. Trump did it to rally his base against Climate Change and because he doesnt like windmills altering view from his golf club in Scotland. Biden gave Ford and GM pats on the back to soothe nerves of workers in rust belt states that if they lose jobs the Climate Change deniers take over for a long time. Patting Texas and California Tesla on the back does the opposite of soothing those nerves. Yet when it came to cold hard cash Tesla is who has benefitted over $300M in additional regulatory credit sales in 1 quarter alone.
