The Wall Street Journal is owner by Rupert Murdoch, who has stakes in Genie Oil. He also owns many other “news” groups.
And his son sits on Tesla board..
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The Wall Street Journal is owner by Rupert Murdoch, who has stakes in Genie Oil. He also owns many other “news” groups.
Interesting. Tbh I’ve only been at the ‘procured’ end of this negotiation. Being asked/forced to reduce your price with x% next quarter, accept extended payment terms etc. All normal. Asked to provide a rebate on work delivered and paid for 2 years ago, not so much. Is that really common?
So GM pays face value the asking price year after year to suppliers whose cost decreases each year? Now I know why nvestors do t want to touch GM stocks, and why Apple has to cancel the iPhone X.
All jokes aside it’s quite prudent that Tesla is negotiating with suppliers now, a very good time for them to consider lowering their charges even more. A good move, this is great news and a win for the company.
The type of front running you refer to here is a bit misunderstood. Market makers can see order flow and adjust to be the price that things get matched with.HFT front-running is *documented*. If you weren't one of the front-runners, that's great, but the front-running shops have been a huge part of the market, and if you don't know about it, you should.
Actually you would just watch spreads widen.This guy thinks HFT reduces the spread but doesn't influence the underlying price retail investors have access to. What a joke.
Just make a 0.01% transaction fee into the law and watch HFT ers crawl back into the sewers.
It’s almost criminal how this story is growing legs. This is all standard procurement negotiation- there’s nothing special to see here. I used to manage about 4B in procurement costs for a large private company- this is a question of efficiency and not survival.
After $$$ of profit, the narrative will turn into "Tesla is ripping of customers"
Is it standard to ask money back from _old_ payments?It’s almost criminal how this story is growing legs. This is all standard procurement negotiation- there’s nothing special to see here. I used to manage about 4B in procurement costs for a large private company- this is a question of efficiency and not survival.
Is it standard to ask money back from _old_ payments?
Is it standard to ask money back from _old_ payments?