MASSIVE Tesla Layoffs Are Here | Elon's Correction Problem
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- เผยแพร่เมื่อ 15 เม.ย. 2024
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Huge Tesla Layoffs, New Tesla App, Cybertruck Stop Sale, Rivian updates, and more!
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my guy accepted a KEEPs sponsorship with a bald head. Love it! LoL
seen it all now
loll anything for a quick buck!
Ryan applied to his chin.
@@jdmather5755That seems to be working well! 🤣
False advertisement 😂
I work at Tesla and a couple of people i know got laid off…I’m good for now and i hope im one of the lucky few who get to be here for 10 years + i love my job i love what i do and i love what the company stands for and does for the future and environment. Im just a Technician but my tiny roll is what i like to wake up and do every time i go to work.
Y'all need to start making white interior Highlands😂 The delays are absurd.
roll?
Your company has no shame! Hopefully these Chinese EV’s will be allowed to be sold in the US
@@aaronnauer2398 You couldn't figure out what he meant there.That's just sad.
@@ababoy4228 🤡
I was a OA hired at 24 and within 8 mo got raised to 26 a hour and just Monday I got fired and I was 11 months on track never late zero write ups. What pissed me off was being let go 1 month before getting my 25% annual sign up bonus access of 30k of cash (or stocks) depending what you pick.
They probably did that not to pay you the 30k cash tbh it’s a power play
You would have had to work there 4 years before your stocks would fully vest. I know, I worked for Tesla for 6 years.
Welcome to the big boy world
The diversion of effort into the hideous Cybertruck and their slow, slow model upgrades are hurting Tesla. Let's face it, Tesla's are increasingly seen as a boring choice. I have to say, the lay-off process was brutal.
In ur opinion 😅
@@shanewilfon6860 That's generally how comments work
Yeah the thing that bothers me about how they handled the layoffs is that unless the company is on the very brink of bankruptcy, it NEVER has to be that brutal. Doing it that brutally is a choice and i think drastically less of any CEO that does it. Not that i think very highly of many CEOs anyway, but still.
That is what i havent been able to understand. Tesla has been - or maybe was but who cares - the most valuable auto maker in the world and they havent taken full advantage of that. The lifecycle of their models is way too long and some features, like HUD, are nowhere to be found. They should have raised capital while they could and updated Y, S, X by now - besides a lousy refresh. I would also expect improvements in build quality by now; unfortunately, not the case.
Its not just that, Lithium batteries in cars were never the future for several obvious reasons, it has taken a number of years for most to realize it that's for sure, but how Elon has a huge problem.
I don’t know of any companies giving a lot of notice for layoffs.
It’s required by the law WARN… and yes all companies do that.. not just Tesla
They can't because of Sabotage.
As a person who's worked in the Tech Industry in the Bay Area since 98, this is not how mass layoffs are handled. It's normally done on a Friday and you are given notice while you are at work, or before you come to work with a phone call. But maybe this is how a person with Asperger's handles layoffs. On the bright side, these engineers will most likely be snatched up by other car companies getting into the EV market. It would be like a company wanting to make Enterprise Level Applications using Angular finding out a Google Engineer just came onto the market. They will most likely have another job within a month...
Engineers? Lmao they laid off a bunch of manufacturing people. This round of lay off was much more than just engineers.
@@itsme209 wow, dude. Who knew using the word engineer would get people like you so flustered. How about using the word Employee? Would your feelings be sound then?
Tesla reminds me a bit like Ford in the early 1900s, the model T was a massive change in auto design and Ford sold a TON of them…then every other auto manufacturer caught up…
Hair loss prevention promoted by a bald guy! 😂
Talk about shameless.
This your head,and this is your head on drugs
I always chuckle when that's the sponsor of his videos.
Firings have been the norm at Tesla, Space X FOR YEARS. It's not WILL I ever get canned but WHEN will I get canned. Don't buy a house if you work for Elon, rent a trailer.
@Ryan, thanks as always. How can I figure out what incentives I have out here in the Bay Area for purchasing a new power wall? Are the discount at time of purchase like the MY?
I can see people working at Tesla thinking they are gonna have a long-term job.
Get a loan and buy a Tesla .
Now no longer working and still got to pay on that loan along with other things in life. 😢
I can see the other old failing *"OEMS"* laying off people.
But I never foreseen it coming from Tesla. 🔮
This is exactly what i did, they offer free fsd for 6 month employees and discounted insurance so now im just waiting for the fsd to disappear and insurance rates to triple
@@brandonmason9859 sorry to hear.
I hope they allow you to keep your perks even though you are no longer employed there.
Some companies do that, helps ease the "blow" just a bit.
Tesla has had multiple hi level execs leave in years gone by, as well as layoffs. This isn't new. The new part is the volume of people let go. It's more like a reorganizing of the company.
Hey, lemme tell you, that is life brother.
Too bad they couldn't relocate some employees that wanted to hang on.
Those who are willing, keep in touch and move them to the Mexico plant when it get up and running.
Starting all over some place else. When you have Aaccumulated vacation time, floater time, and sick time .
And start fresh at another job, with 0 time, really sucks .
If they want the lay offs th be effective they need to let management pick who to cut. A lot of good people were let go and a lot of bad employees are still there.
Stealth Wrap is only available on inventory R1T and R1S. There is no option to add it to non-wrapped inventory so it's a limited "special offer". No R1S's out there at all with PPF offering.
Ryan thank you for your videos. Would you please do a segment on needing the Tesla app to be compatible for Apple Watches instead of using third party apps. Much appreciated!
4:00 happened at google too. they were emailed at 2 or 3am. smh
Any insight on the discount on model Y removed since yesterday? Looking to get a Y soon but Tesla keeps adjusting the price.
It's about as low as it's gonna get after the recent 5k slash on existing models. They may be wiping existing inventory, but the Juniper refresh won't be enough to ward off the looming spectre of Rivian's R2 stealing the hearts of prospective Model Y buyers in the next 2 years. Which means that this is about as much sale as you're gonna get for the '24 model brand new.
Do you think we'll see the discount again on model y on current inventory like tesla was offering till last week?
thanks
Here's a bit of truth as I'm really tired of TH-camrs expounding the virtues of FSD. I currently have two Teslas w/FSD trial (truck on order too) and have had two other long-term "loners" (X & M3) with it as well. I have NEVER had FSD take me anywhere that didn't require immediate intervention to either prevent it from wrecking us, getting confused and wandering around through several lanes, not seeing speed bumps and taking incorrect routings such as through a hospital emergency lane area. Without the smallest amount of exaggeration, on a single trip ... within 60 seconds we were almost killed three times. It pulled DIRECTLY in front of a car at a stop sign without braking/turning and if I hadn't had the acceleration boost and "floored it", we'd be dead by "T-boning." Phantom braking is a real and persistent problem. "Summon" is completely useless as I have NEVER seen it work even once. Going through intersections is butt-tightening as the car wanders around since there are no lane markers, frequently into other lanes and will hit cars without driver intervention, so a tight grip on the wheel is not optional. And attempting to make a turn under the same circumstances will have the car driving all over the place, starting to turn into on-coming lanes that are sitting at a red light and braking in the MIDDLE of the intersection with cars behind you having to hit their brakes. I have discussed this in length with Tesla service and they have NEVER been able to fix it. In total and unadulterated honesty, even if FSD was completely free, I'd never use it. While I'm truly a "dyed-in-the-wool" Tesla/Musk fan, I have to admit there are failures within the company (fit/finish/paint, charging for the built-in garage opener, no included charger, no decent surround view for parking, etc.) but the most egregious, is FSD. Owning what is probably (IMHO) the best car ever made, to have such a dangerous/useless item is shocking. The FSD is an utter failure and focusing time/effort/money on such a lost cause does nothing to counter all the money I've lost with Tesla stock or make the car palatable to a prospective buyer that's afraid as a result of all the press about how bad full self driving is. At this point, the best thing Tesla and Musk can do is stop any further wasted research of FSD, and focus on their core products without this utterly failed distraction. I wouldn't stake the lives of my family on FSD ...
Let's all just be honest. Full self-driving is a solution looking for a problem to solve. That said, you are right. My MY came with a trial that I used a couple times and then disabled because it was buggy and dangerous. I then got the latest 30-day trial with my last software update. It is a tiny bit better, but still too dangerous to trust on busy streets.
Its time for fanbois to admit it. Elon has lost his sh*t.
FSD will get better but it will take a few years, perhaps a decade. But, as a software engineer, I can assure u, it will get there. However, not anytime soon. And, there is the elephant in the room, robotaxi... Dont get me started on that pipe dream. Elmo is delusional to think that is even remotely possible in the next 2-3 years. He will be lucky if they get something that works 80% of the time in 5 years. But, even then, do you think they will be allowed to let those cars roam like that alone in the cities? Nah... there will be regulations, compliance, and other things. Not to mention litigation due to damage. And damage, it will be. LOL.
@@alexnhan8527based on one post?
This is what I’ve been saying. Everyone of these Tesla stock pumpers is drooling over FSD. There is some kind of mass hypnosis going on. It’s not good. Elon said the difference between Tesla being worth a lot and zero is FSD. I guess to keep the dream alive they HAVE TO BELIEVE.
I had a interview today and the lady who scheduled them all today got laid off 😂
Ryan, do you think they are working on both the Robotaxi and 25k? There were rumors they stopped the 25k.
Robotaxi is a joke. It is nowhere close to materializing in the near future -besides Elmo's dreams.
Why is Tesla disabling automatic break while collision when it is in autosteer or fsd. When You turn off during actual autopilot then fine but when You are driving it still does not allow.
Layoffs are a sign of a booming economy
😂😂
Yeah I was saying that was going to happen as soon as they ease back on the Mexico plant I was like this inflation thing isn't looking like the 001% that they've been telling us considering everything is about 50% more
Too bad they couldn't relocate some employees that wanted to hang on.
Those that are willing, keep in touch and move them to the Mexico plant when it get up and running.
Starting all over some place else. When you have Aaccumulated vacation time, floater time, sick day time .
And start fresh at another job, with 0 time, really sucks .
@@TH-camviolatesmy1stamendment joey's "build back better" is just vaporware and his bideneconomic slogan means to me bidenhyperinflation
Times are so troubling with layoffs. This is why I’m working so hard to build up my rainy day fund. 6-12months of cash on hand in an account getting you 4-5% should be the goal.
Same. I found out when I got onsite and my badge didn't work. Good times SMH
Ryan any comment on the model 2? Cancelled or moved or delayed. It’s a big deal cancelling that
If you have ever worked for a modern corporation everything they do is run by lawyers.
Generally layoffs like this are a gift to shareholders. A means to in the short term adjust fixed costs in a company to make them look better on paper and that works for shareholders as they typically are only in a stock for the short term gains. Long term they really just need to get moving on that Y refresh, so many are probably just waiting for it given the sudden increase in inventory. The S and X also need to get revamped to give them a proper edge on the 3 and Y. It kinda seems like there may be some disappointment coming for the 25k EV similar to the 40k cybertruck original starting price, I think we'll see that price go up in some fashion or some other caveats around it.
Except the stock is down on the news 😂 who benefited??
Why would anybody buy anything from a company that lays employees off without any notice? Who reads email at 3 o’clock in the morning? The company shows blatant disrespect for their employees. These people devoted their lives to a company that clearly did not respect their worth. I refuse to buy from a company that treats their employees like common garbage.
That's what a layoff is,no notice. Wow
“Will you work 24/7?"
“no“ will be considered as a 'resignation' 🎉
The key is to not perform back to back layoffs. One layoff is bad, two kills off protectivity.
PW3 - I think it now store more energy, but rather output more energy 🤷♂️
Tesla is down in sales compared to the last quarter, so it seems somewhat reasonable there would be layoffs. I have been vocal that Tesla had started focusing in other areas like the CyberTruck and Semi before they should have IMHO.
They keep making stupid mistakes like losing the tax credit/rebate on the SR M3 and not having the Model Y juniper ready to go. Maybe it’s a good thing to cull some of their upper management...
Power wall still doesn’t seem to make financial sense, the time it takes you to pay it back is likely the age of the unit lifetime anyway so doesn’t make sense to buy it imo
If your utility company allows you to do 1 for 1 net metering, and you don't have frequent power outages, a battery backup of any kind for your solar panels cannot be justified financially.
In San Diego there is some offset savings due to the variable rates, mainly through 4-9pm timeframe. If virtual power plant works as advertised that is more revenue. Even with that I mostly agree with you that payback is long. However I don’t look at it based on payoff time I care about cash flow and my system has been positive cash flow from the minute it was turned on.
Anyone that I’ve heard that owns a powerwall said the money would have been better spent on more solar panels.
People have stopped buying Ryan, and people will continue to withold from buying EVs and new vehicles until interest rates and general CoL come down. The end.
Tesla should offer UBI to all their workers laid off until they find another job with the same wages and if not, continue to pay ubi until rehired back at Tesla
That’s how layoffs work. They never give a heads up, too much liability.
Hugh layoff would be 70 or 80% like they did at X.This is pretty reasonable amount based are the state of economy.
I leased a R1T dual motor performance and been loving it so far. I’ve driven 1200 miles in 2 weeks. I may end up buying this truck afterwards 😂
Keeps on watching at 7:56
1. Оновити tesla juniper
2. Знизити ціну на усі моделі .
3. Тесла за 25 000
І нікого не потрібно звільняти
Come on price crash! I want a Model X!
FYI, the model Y's went from 38k last week to 42k today. bummer.
Dude you look great! Not sure if it's just the black shirt... But you look more fit!
In aviation, this is called PIO ! ( PILOT INDUCED OSCILLATION) unnecessary!
Ryan there is not such thing as a cheap price !
Price is low ,high affordable , attractive .
Cheap price does not make any sense !!!
I wish Tesla did something like offer a wrap with a purchase like Rivian.
If you got money to purchase a Tesla..just purchase a wrap elsewhere.
The thing with how Tesla handled these layoffs is that even at Tesla's scale and regardless of if the company objectively needs to do it to save money. It's irrelevant. Stealth emailing employees in the middle of the night is just callous and "you're nothing but a number on a balance sheet to me" on Elon's part.
EX-Tesla employee here, Yea we got canned out of nowhere. In fact, Tesla has some of the worst communication in the business. Training is damn near non-existent you have to find out through what we called "The Wire" because they were too lazy to train. So many things wrong but the people were always great. I don't know if it was Elons fault for terrible communication at tesla but if they just fix this issue. It would have been the best company in the world to work for.
Sounds like the 2 executives were given option to resign before the ax dropped. And sounds like they some nice cushy severance package if they plan on farting around before the their next job.
Should’ve had ‘model 2’brought to market first before the CT could’ve saved jobs.
While Musk asking for $56 billion is extremely offensive.
If this is the way Tesla treats its loyal workers, how will they treat their loyal customers ?
Tesla's ahead of the schedule on this. Naturally, they're well run. Ford, Chevy, BMW, Nissan, Toyota... massive layoff incoming. It turns out most people will not buy 90k vehicles.
Tesla does it right - make big strong steps.
It would be toally horrible to have those 10% laid off over several months.
It is like pulling off a bandaid...do it quickly
Shitty behaviour to just issue a “Don’t Come Monday “.
It is becoming evident that the public wants range extended plug-in hybrids.
Elon is FAR too arrogant to give the public what they want.
The removal of stalks on the steering wheel is a perfect example.
Auto mfgs want to sell them for the green credit without the EV losses as they can't make them profitably
Elon gives the people what they want BEFORE they know that it's what they want. This is called visionary and not arrogant.
N ur opinion 😂
EVs have plenty of interest and demand. Tesla, though, has fallen a bit behind and competition is abundant and getting better. Plenty of growth for EV market but charging infra, and battery tech need to get better.
In the US, yes. Not so much in Europe. Except maybe VW, whos EVs may be their ONLY reliable cars.
It's weird that the European market got the bulk of the hardcore PHEVs and not the longer-driving US and Canadian markets who suffer MUCH greater range anxiety. Some very dumb execs just thought every American was gonna go crazy for every slapdash EV they could throw on the market.
Investors owned company is always hell.
Dude…I’ve mentioned this before but I’ll say it again because you haven’t adjusted. This is for your own good and the good of your channel, which I like. The cards from quoted sources that you flash on the screen are there for far too short of a time. You need to either slow down your commentary or leave the cards posted longer. Just sayin’. Carry on.
And while I am here, did I miss your mention of Tesla’s lower price for a monthly subscription to FSD. It dropped from $199 to $99. If I did, my bad. If I didn’t, you’re welcome!
Has anyone commented that the slow sales/profits may, in part, be due to Elon’s antics as a Twitter troll? He has hurt the reputation of anything he touches and has likely caused people to look at other options when considering an EV.
Tesla literally destroyed its own sales model when they released a vehicle in foreign markets while still trying to sell the old model at home. They essentially said “there’s a new vehicle coming, don’t buy the old one”. It’s one thing if say Toyota does this when their owners are not nearly as connected to the new and upcoming thing, but Tesla owners by design are very into the newest and best technologies.
Interesting take considering Toyota will never do that. Japanese companies have and always look at their domestic market first. That's the main reason Toyota hasn't jumped on the EV craze even though they've been making them since the 90s.
@@youngroosevelt38 was just using them as an example for an older crowd of owners lol
Is 1 in 10 “massive?” One way of looking at this is Tesla is panicking because of declining sales. Another way to see it is a cunning strategy to preserve profits while new production ramp-ups are occurring. If you look at Tesla’s long term sales charts and comparing it with the competition it’s hard to paint a picture of Tesla struggling.
Tesla executives definitely were strongly pushed to resign.
We tried full self-driving Auto Park in the Infinity visitor center at Stennis Space Center - in a completely empty parkimg lot. It utterly failed! It was like it was drunk - it kept trying to back into a space but it moved forward instead - it was just a disaster! So I don't know what's going on with Tesla but if they're laying off hundreds of people they really should be putting them on FSD because it's a disaster!
So if I had 10 employees and laid off 1 employee in your opinion it would be a "MASSIVE" layoff. At least they were given 60 notice in accordance with the WARN act.
From listening to some of the employees first hand accounts. Sounds like the notice didn't reach a lot of them.
Employees are definitely not given notice.
Elon wants the stock price to crater so that his next options compensation package has as much upside as possible. His goal is to own 25% of Tesla shares. This goal is easier to achieve if the stock is slammed in the short term. Any independent board would fire a CEO who did this ...
No. As soon as Tesla stock tanks Elon will be gone. Only reason he is still around is because he still get simps to pump the stock. He hasn't contributed with anything of real value for years.
@@windsolarupnorth7084 Do you really think it's likely that his hand-picked Tesla board members, including his brother would fire Elon?
Clueless nonsense.
This actually makes sense. As soon as he gets his next compensation package he’ll start pumping again. But, he may have lost too much credibility by then. Or else, he’s just depressed and losing his marbles. Maybe he’ll end up in a hotel room with eight inch long fingernails and long, string hair.
Tesla always seems to find a way to screw up a good thing ! There is no excuse much less a logical justification for this” between growth waves” layoff debacle. If Musk and the rest of his leadership group could not see this mess ahead of the curve, we are in deep doodoo ! Dedicated, talented and hardworking staff do not grow on trees. I suggest Tesla take a hard look at what they’ve done and make it right. Otherwise maybe they don’t have to worry about the next “growth wave”. People, including us loyal owners only have so much patience with constant turmoil!
Wait a year as they will all come back for the disruptive tech that Tesla will be dishing out.
Doing anything but a sudden large wave of layoffs is stupid and counter productive if you’re going to ly of “x” number of people anyway. If you warn people prior people won’t work as hard, spends weeks or months in anxiety and also be looking for new jobs (including those not being played off). There’s lots of other practical and emotional reasons to do it this way but I don’t care enough to describe. The channel “how money works” recently made a video that goes into depth about this very topic. Any company which employees a large group of workers would be foolish to do it any differently. Lay offs do hurt the employee, which is sad, but in the same way the norm of today is that a job is a job, the employer sees its workers that way, and employee is an employee. Both see each other as means to an end, one pays for my life, one works to produce my services. They are not family or friends, it’s strictly business. All one can do is save accordingly and do their best to stand out so they have a higher chance of making the cut than others. It’s simple, job security has never existed ever and it’s foolish to assume it ever will. Look out for yourself, plan for the worst and hope for the best.
Elons good move, hindustan south launch, he would have done it long back, if not for high 100 percent i port tax previously..... waiting.
Great news. Now i won't get my white interior Model 3 Highlights until 2027😂💀
How much does musk pay you to pump out these fluff pieces? Js you must come cheap.
they did all these layoffs.... just to re-hire in a couple of months when the work becomes too much for the all the remaining employees. Re-hiring means sign-on bonuses and more uniforms to waste money. really makes you think how bad they messed this one up. They get you while your sleeping too... no notice
A car that's controlled by an app on your mobile computer phone... no thanks... if it doesn't have a key fob, forget it. Nerdy car for the nerds
Other than regular software updates Tesla has stagnated. Chinese EV companies are continually bringing out new models and better looking cars. Being first to the EV industry has not made Tesla immune from competition
Tesla power wall is ridiculas in price.
How come we don’t hear more model X news? Is it because Tesla doesn’t say too much about it so no new news?
Tesla happy to give CEO as raise but don't think twice about laying off people. Such a hypocrite all along.
Tesla has made less than $30 billion in profits since its inception. Yet Elon is deserving of $50+ billion. Someone tell me how that makes sense. Are we living in Bizarro World?
Why does it matter what Tesla needs :/
What's the rush!? Good info, just don't fire it at us in slews of syllables. Gets exhausting after awhile. Fine voice and friendly demeanor; please TAKE TIME with your delivery.
Not first.
The world is moving away from electric poor marketing should concentrate on longer range and reducing pricing in Canada require a range of at least 600km and be able to charge to 100%
funny to watch some random youtuber giving advice to Elon on how to run his company
Stop with the hair-on-fire predictions. When interest rates lower, all car manufacturers will begin selling more cars. It's that simple. The average age of light duty vehicles on the road is, historically, very high.
This is the real reason Elon is against it Union..
wait until the Tesla bot begins to replace more and more of the work force.
Why do people believe this?
4:10 this is the best way to do it as some may use it as an opportunity to steal or sabotage.
10% is massive.....huh.
14,000 is fairly massive. It’s relative.
Corporations. Work for yourself if you can. Have side jobs. Do the barest minimum and work on your other projects when you can. That is the world we live in.
Ye right, side project grows... start a small business... grow your own business... become big... become a corporation... realize that to continue the success you got to lay off tons off people. Repeat.
You are not different or better, you just want to be the lay offer rather than the layed off. Good luck if you can manage, but don't pretend you're all high and mighty. We're all the same.
I’m one of them 😢
Sorry to hear that. Do you think you'll look to return when things pick up in a couple of years?
Sell 25% of you tesla stock and buy Nio. What do we see first Nio at 7.50 or Tesla 300
Nio will go bankrupt. They have never posted a profit. Their cars are too expensive to make and they have a lot of money tied up in battery swapping infrastructure.
Why this obsession with electrifying cars ? Most energy used by humanity is already electric including rail transportation in subways and every where else in Europe and Asia. Carbohydrates are still the cleanest and most efficient fuel for small-medium size power density i.e. vehicles, aircrafts , rockets, etc.
We ARE in electric age and have been for the past 60 years.
Electrifying cars is the same as "beating a perfectly LIVE horse". The question is - what is the point ?
MASSIVE? its only 10% globally ... is not massive...
Just took delivery of my very first Tesla, a 2024 Model 3 and wow, this car is miles and miles beyond anything else out there. Yes, I've driven a number of EV's whilst deciding what to buy, and there was no comparison to the Tesla Model 3 Highland. Unbelievable in every way. Elon is simply restructuring the company due to new threats in the market (Chinese for a start), and he has to take action to keep Tesla at the forefront of research, development and technological advancements. The company is not 'in trouble' as some mainstream media flogs are reporting, they are restructuring for the massive explosion of EV's that is coming in the next few years. Go Elon.
There is not going to be any massive explosion.
Tesla might continue to sell well.
But for all the other EV makers there is gonna be a massive implosion.
.
Even BYD can see "this" and are ramping up their hybrid production.
Execs leaving on a moments notice are not planned as a general rule. Elon must have just decided those people were expendable. Companies could do things differently, but our form of short sighted capitalism won't allow it. Profit margins shrinking is bad. Why not sacrifice profit to keep people employed? Oh no, that's contrary to our entire mindset of how companies should work. Which is why I have serious questions whether our current form of capitalism is truly good for all people (vs simply the richest).
My company is same way. They will let staff go to make their margins vs weathering the storm.
👍
Short short short
I would never work for Tesla or Spacex
The American public has become immune to the firing of workers and it's sad. It's shocking how many people in TH-cam comments attack labor. "They're too lazy." "They're uneducated." The privileged step on the necks of the working class. There once was a time when labor was respected. Workers sacrificed their time, lives, and often their families to ensure the success of companies. Respect and stability for hard work flew out the window with the dodo bird. Times have changed and it will only get worse. Elon Musk became the richest man in the world off the backs of labor. We are gaslit into believing that workers are flexible, that they can learn new skills, pick up, and move on. Many of these people can't. People are not malleable. Most people are lucky to master one skill in their life. If workers, all workers, even those in Tesla Shanghai, had ownership in Tesla, Elon Musk wouldn't be the richest man in the world but every single worker who shed blood, sweat, and tears would have a roof over the head, food to eat, and live without fear from what the next day will bring. Elon destroyed the lives of the people who built Twitter. Now Elon is destroying the lives of the people who built Tesla. Destruction is being wrought by billionaire oligarchs and no one has the will to do anything about it. The American Dream is over.
I used to be like that, but I learned. The employers are actually taking our advantage. They keep giving us less and less money.
@@lung21 and yet their compensation keeps increasing. We are all being gaslit. The mainstream media is their megaphone. We've all got to wake up and quit making excuses for our corporate overlords.
I kinda knew Tesla wouldn’t last..😬