Thread regarding Tesla, Inc layoffs

Money Pit

I am not sure if I'd trust this but here's today's rant:
https://www.reuters.com/business/autos-transportation/musk-says-teslas-new-car-factories-losing-billions-dollars-2022-06-22/

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Post ID: @OP+1hmoPpUl

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Tesla isn’t a startup. The kinks should have been worked out by now. So they are not losing money for those reasons. When you have a leader that tweets all day vs. display real leadership that flows down, all productivity takes a hit.

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Post ID: @5fdy+1hmoPpUl

Every factory ever created is costing money to pay for staff, and operational costs as its ramping. Not sure I follow, isn't it kinda common sense if you open a brand new factory it won't be generating peak cash immediately while still having to pay for staff and facility bring up?

This is basically a publisher trying to generate some ad view revenue on a sensational headline.

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Post ID: @2ukw+1hmoPpUl

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