Tesla to cut thousands of jobs as Elon Musk warns the ‘road ahead is very difficult’

[Cannuck]

I have an electric golf cart. Far more cost effective than a gas job. You’re an idiot

 

[Durry]

What about your toy train set, is it electric as well?

 

[Cannuck]

Sorry for upsetting you again

 

[captain morgan]

How's Husky Oil doing?

Generating a profit each quarter... Tesla - not so much

 

[Hoid]

Over the last 5 years Husky Energy is down 65% while Tesla is up 31%

 

[captain morgan]

Over the last 5 years Husky Energy is down 65% while Tesla is up 31%

Tesla has yet to generate a profit after so many years... Husky, on the other hand generates positive cash flow and profits for the entire time that tesla has been in existence



Think about that just a little

 

[Hoid]

If you go back to 2010 when Tesla had its public IPO the stock is up over 1700%

In the same time frame Husky Energy?

Down 65%

 

[captain morgan]

Tesla has never generated a profit since its inception.... That makes it a loser and if some sheep volunteer to get sheared in the public markets over that, well, that's their business

 

[Hoid]

you might have noticed tesla's stock up sharply last week

Tesla Delivers a Surprise Profit on Strong Cost Control
https://www.fool.com/investing/2019/10/27/tesla-delivers-a-surprise-profit-on-strong-cost-co.aspx

 

[captain morgan]

Subtract the cost of the vehicles that involved an advance deposit but the company has yet to mfgr and deliver and the company is woefully in the red, under-financed and deeply in debt.


you can't win this buddy 'cause tesla, as a company, is on the thinnest of ice

 

[Hoid]

I wouldn't worry about Tesla. Husky on the other hand ...

Husky confirms layoffs; sources say hundreds of jobs affected
https://www.bnnbloomberg.ca/hundreds-of-husky-energy-workers-facing-layoffs-sources-say-1.1335493

 

[Curious Cdn]

Subtract the cost of the vehicles that involved an advance deposit but the company has yet to mfgr and deliver and the company is woefully in the red, under-financed and deeply in debt.
you can't win this buddy 'cause tesla, as a company, is on the thinnest of ice

Gotta get it out of the USA and into a lower wage juristiction, like Apple did.

 

[Curious Cdn]

I wouldn't worry about Tesla. Husky on the other hand ...
Husky confirms layoffs; sources say hundreds of jobs affected
https://www.bnnbloomberg.ca/hundreds-of-husky-energy-workers-facing-layoffs-sources-say-1.1335493

Husky has just about mushed it's last sledfull.

If their executives were at all creative, they'd be making Lithium batteries but they're not.

More dinosaurs from Drumheller ...

 

[taxslave]

Gotta get it out of the USA and into a lower wage juristiction, like Apple did.

Like Ontariowe.

 

[captain morgan]

I wouldn't worry about Tesla. Husky on the other hand ...

Husky confirms layoffs; sources say hundreds of jobs affected
https://www.bnnbloomberg.ca/hundreds-of-husky-energy-workers-facing-layoffs-sources-say-1.1335493

It will be over a thousand jobs when it's all said and done.


But in the end, Husky will still remain cash flow positive while tesla will continue to circle the bowl.


Face it bud, tesla is doomed

 

[Hoid]

Tesla putting the price of self driving up another $1000.

They will get about $500 million in cash when they release it.

This is why they are up 1700% while Husky is down 65%

 

[captain morgan]

You should mortgage the house and buy all the shares you can

 

[Curious Cdn]

Like Ontariowe.

You like that idea, do you? It gives you a warm and fuzzy to see tens of thousands out of work?

 

[pgs]

You should mortgage the house and buy all the shares you can

His mom’s house ?

 

[captain morgan]

His mom’s house ?

Maybe his mom bought a tesla to make snookums feel better?