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

Hoid

Hall of Fame Member
Oct 15, 2017
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20% of the auto workers can be replaced by this.

The amazing part s that Tesla could continue to pay them for the work the machine does.

If they wanted to.
 

Hoid

Hall of Fame Member
Oct 15, 2017
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Tesla stock was at $323 the day this thread started.

Today it closed at $1,835.

nuff said
 

Hoid

Hall of Fame Member
Oct 15, 2017
20,408
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LOL where do you come up with this nonsense?
Musk is the 41st wealthiest man on Earth.
Came to Canada as an immigrant at 17
I can see why the white nattys would hate him
Musk now the fourth richest man on earth as his TSLA stock goes up about $8 billion,
 

Hoid

Hall of Fame Member
Oct 15, 2017
20,408
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Sure.
But if you had purchased Tesla earlier this year you would have more than doubled your money assuming you sell.
Hoid doesn’t listen to his own advice.
Tesla rising to 1500 per share is probable by the end of the year.
Lol

How about $2000 by August

How's that old CVE doing?
 

Twin_Moose

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Apr 17, 2017
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Ram: 702-HP TRX More Important Than Electric Truck Today

The early buyers should agree.

Earlier this month, we reported that Ram is amicable to the idea of making electric trucks if the market wants it. This is according to FCA CEO Mike Manley who said that the company could electrify Ram trucks if they face more decrease in total market share.

That should still stand, though the company's priority is obvious with the launch of the 2021 Ram TRX. With 702-horsepower and several other tech goodies to back that power up, Ram foresees its success – at least initially.

"We’re not afraid to explore other powertrains, we’re certainly going to keep our ear to the ground and stay aware of what customers are looking for," said Ram 1500 Senior Brand Manager Carl Lally in a statement to Muscle Cars & Trucks.

"And if at some point in time that changes to something different then we’ll be sure to follow suit accordingly. But it’s fundamental to us that it’s not about chasing the (EV) trend, but about chasing what the customer really wants and providing it to them. That changes over time, but today it’s a supercharged 6.2L V8 that has them most excited," Lally added.

With all 702 units of Ram TRX Launch Edition sold out in three hours, we couldn't agree more.

The Storied Raptor Killer:

The truck war in the U.S. is surely getting more exciting, thanks to the birth of the TRX. Spy videos have already caught the Raptor quietly testing a V8 – not surprising at all since the TRX poses a serious threat to the dominance of the Blue Oval.

But when it comes to electrification, we have yet to see any development. Sure, Ford and Chevy are joining the fray, challenging segment-specific names like Tesla and Rivian, but it would be great to see Ram get onboard. At this point, only time will tell.
 

Twin_Moose

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Apr 17, 2017
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Could take hundreds of thousands of dollars to make the charging stations to be pull through for convenience

Towing with an Electric Pickup Might Pose Charging Challenges

Tesla shares fall as it fails to make it into S&P 500 index


(Reuters) - Tesla Inc tumbled 15% early on Tuesday after its surprise exclusion from the S&P 500 index added to the broader sell-off in technology stocks which have dominated Wall Street's recovery from the coronavirus-driven crash earlier this year.

Wall Street analysts and investors widely expected Tesla to join the S&P 500 after the company posted its fourth consecutive profitable quarter in July, clearing a major hurdle for its potential inclusion in the benchmark stock index.

In a surprise announcement, the S&P Dow Jones Indices decided to add online craft seller Etsy Inc, semiconductor equipment maker Teradyne Inc and pharmaceutical technology company Catalent Inc to the S&P 500 instead......More
 

petros

The Central Scrutinizer
Nov 21, 2008
95,667
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Moccasin Flats
worst single-day percentage drop ever

shed about $80 billion of its market value on Tuesday

closed 21.06% lower, while fellow electric automaker Nikola Corp jumped more than 40%

If you were horrified by Earthquake...

Frightened by Towering Inferno...

Freaked out by Jurassic Park...

You'll be scared shitless by...

Elon Musk presents...

TESLA MOTORS

Coming soon to a theater near you.
 

taxslave

Hall of Fame Member
Nov 25, 2008
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Vancouver Island
So is a 21% drop after the split better than a 21% drop after the split? After all in stead of losing $200 per share you are only losing about $40 per share. Hoid logic.