Technology

59605 readers

3302 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

407

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

submitted 7 months ago by AmbiguousProps@lemmy.today to c/technology@lemmy.world

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

[–] tacosanonymous@lemm.ee 44 points 7 months ago* (last edited 7 months ago) (8 children)

Weren’t people estimating a *2027 end for Tesla bc they haven’t been working on new models? They put their efforts into the meme "truck" instead of the roadster. They have been slashing prices yet demand for EVs, especially theirs has been dropping. All the while, their main spokesman has been a toxic deterrent. Meanwhile, these douchelords think The ceo should get a $56B payout?

[–] thejml@lemm.ee 15 points 7 months ago (2 children)

The roadster was the only Tesla I liked, and it’s no coincidence that it was pre-Elon.

[–] mosiacmango@lemm.ee 8 points 7 months ago* (last edited 7 months ago)

It's based on a lotus design, so yeah it's got some great parentage.

[–] Grippler@feddit.dk 6 points 7 months ago

The original roadster is just a lotus Elise with a terrible DIY EV mod thrown in to it.

load more comments (5 replies)