Tesla Layoffs Continue - Who's Next?

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Ben Sullins

Ben Sullins

Күн бұрын

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// News Summary
First up today, Elon Musk is consolidating power at Tesla as a vote over his $47 billion pay package looms. Several top executives have left the company and one has been reassigned to China. Musk has resumed control of Tesla's North American sales operations and is focusing on AI technology and robotaxis to make himself more indispensable. Despite rough earnings figures, the stock rose after Musk promised cheaper EVs and hinted at his robotaxi ambitions.
Next up -
Tesla is considering unlocking more range for its older Model Y vehicles for a fee of $1,500 to $2,000. This has sparked debate about whether customers should have to pay for something that they already paid for. Tesla has a history of paywalling features and is currently going through a restructuring process.
Next up -
Elon Musk's recent round of layoffs at Tesla has affected a range of employees, with over a dozen announcing their terminations on social media. The company has faced criticism for its handling of the layoffs, with some employees expressing disappointment and frustration. This is the fourth consecutive week of firings at Tesla, with Musk reportedly aiming for a 20% reduction in the workforce. The layoffs have also affected high-profile executives, with several resigning or planning to do so.
and last up today, Tesla CEO Elon Musk continues to lay off employees, with another round of notices being sent out over the weekend. This comes after two previous rounds of layoffs, affecting an estimated 20% of the workforce. Morale is low and many workers are worried about losing their jobs. Key executives have also left the company. Tesla's financial outlook is bleak and competitors are catching up. Musk has warned executives to be "hard core" about headcount.
// Chapters
00:00 Tesla Layoffs
03:30 Model Y Range
05:10 Rivian Chargers
07:02 Fisker Ocean
07:57 Volvo Sales
08:46 Zeekr IPO

Пікірлер: 276
@Lifesurfer001-iq7nf
@Lifesurfer001-iq7nf 23 күн бұрын
Elon wants a $55 billion pay package. He’s the Kanye West of the automotive industry.
@andersbodin1551
@andersbodin1551 22 күн бұрын
I think he is bored with Tesla so he is trying to cash out so he can focus on tweeter full time
@davidpearn5925
@davidpearn5925 22 күн бұрын
Elon's hand picked female senior managers are the least capable of being independent of him but have been chosen for their gullibility and or greed. The SpaceX point to point rocket travel X 2028 nonsense, should be presented to the FAA for comment re firing numerous rockets every day from numerous locations at all hours...... and exactly how will this be achieved without the obvious threat to the flying public???.
@HShango
@HShango 22 күн бұрын
Indeed he is, he's horrible (both him & Kanye)
@markmercieca5569
@markmercieca5569 21 күн бұрын
Wow.... ill-informed viewers. Elon's pay package was voted on by 80% of stock owners and signed in 2018. He had to hit what most thought were impossible targets....look up the articles that were written for yourselves. The stock price was $18 and even at the crashed price today the stock is still up 1000%. Thank you for keeping people ignorant....more time for me to keep loading up on more Tesla shares.
@AwesomeBlackDude
@AwesomeBlackDude 11 күн бұрын
The Horseless head is still running a gallop, where's the debunker guys when you need them? 😅
@MikeSmith21121
@MikeSmith21121 22 күн бұрын
Investment banking can be quite lucrative if you know what you're doing, but it also comes with its fair share of risks.
@LeeBan92
@LeeBan92 22 күн бұрын
That's true. I've dabbled in investment banking myself, but I prefer to leave the heavy lifting to the professionals.
@JoyceMuller-xv6kh
@JoyceMuller-xv6kh 22 күн бұрын
Speaking of professionals, have you guys heard of RPC Wealth? They've been managing my portfolio for the past couple of years, and I've seen significant growth in my investments.
@KarenBen-py1mc
@KarenBen-py1mc 22 күн бұрын
RPC Wealth, you say? I haven't heard of them before. What sets them apart from other advisory firms?
@TerriMelzer
@TerriMelzer 22 күн бұрын
Well, for starters, RPC Wealth takes a personalized approach to wealth management. They tailor their strategies to fit each client's unique financial goals and risk tolerance.
@MikeSmith21121
@MikeSmith21121 22 күн бұрын
Plus, they have a team of seasoned professionals who are experts in their field. They use a combination of traditional investment strategies and cutting-edge technology to maximize returns for their clients.
@nuketheswamp7774
@nuketheswamp7774 22 күн бұрын
The cuts make a lot of sense if Tesla is hemorrhaging money due to dropping sales and poor customer retention.
@Lumpia_In_Texas
@Lumpia_In_Texas 22 күн бұрын
He's building back Tesla better lmao
@markmercieca5569
@markmercieca5569 21 күн бұрын
Poor customer retention....lol. Can you show me the stats on what car companies have the highest numbers?
@nuketheswamp7774
@nuketheswamp7774 20 күн бұрын
@@markmercieca5569 You're right. I meant to say poor EMPLOYEE retention 🔥🚒
@LibertyFX
@LibertyFX 22 күн бұрын
Anyone long Tesla now is crazy. Insider senior VPs are leaving and telling the SEC they are selling everything.
@BTC909
@BTC909 22 күн бұрын
Everyone else better start making Hybrids to fend off the 203x EV mandate BS.
@one1blue
@one1blue 22 күн бұрын
All insiders are selling. Look at the buy/sells. Insiders literally haven’t bought any shares since it topped a couple years ago. They’re just sellers. Tells you everything you need to know if the people running Tesla don’t buy Tesla stock.
@berthogendoorn2133
@berthogendoorn2133 23 күн бұрын
On the the Tesla Charging department, I read Sandy's rant and this is what I replied on it... Sandy I disagree, you fire all your Tech staff from your Charger department without giving contact info to all the others that are involved in the NACS such as Ford, Rivian, GMS, Volvo, Polestar etc is just very poor business practice and I believe this was an emotional responce to EV Charge staff head failure to do dramatic trim to staff. And have the Version 4 charger been engineered and developed, noda, all the current version 4 superchargers are duds, still only 500 volt without good support to their new Cybertruck, really! Who is going to complete that engineering, and who wants to work now for Tesla with what just happened not the great and smart people that have been lost. Corporations biggest asset is really good people that work for them and make things happen.
@mattwill63
@mattwill63 22 күн бұрын
tesla superchargers fell behind the competition in reality even if they have better up time. slower charging speeds and no screens to pay with a card without the need of a phone.
@spdzodzo
@spdzodzo 22 күн бұрын
@@mattwill63 is this where you moved technologically from checks? cards? why didn't you skip directly to pay by phone like they did in china?
@mattwill63
@mattwill63 22 күн бұрын
@@spdzodzo not everyone has a cellphone or can get reception either. lol its just stupid not to have pay at the charget option as back up just incase. evs in general arent practical tho.
@DeilGrist
@DeilGrist 22 күн бұрын
​@@mattwill63Uptime is everything in charging deserts. Nobody wants to pull up to a charger that doesn't work when they don't have range to go to the next one.
@Avalanche2
@Avalanche2 23 күн бұрын
Two thousand dollars to unlock ~40 miles is a good deal? Is this guy serious? Holy cow.
@TheBagOfHolding
@TheBagOfHolding 23 күн бұрын
It's probably better for the battery to not unlock it.
@meime11
@meime11 22 күн бұрын
zero cost for Tesla anyway
@MrJimmy3459
@MrJimmy3459 22 күн бұрын
40 miles is $3.50 for a Corolla
@TheBagOfHolding
@TheBagOfHolding 22 күн бұрын
@MrJimmy3459 I think it's extra range so it's like paying to remove a gallons worth of filler material from your tank.
@pauliancu1368
@pauliancu1368 22 күн бұрын
I believe this is the end of the electric car fad. Without a government built charging network we'll never be able to get rid of ice cars
@ChrisSmith-tc4df
@ChrisSmith-tc4df 22 күн бұрын
One hardcore way to look at the Supercharger network is that EV sales have dropped precipitously across the board, so does Tesla actually need to grow the size of its current network right now, especially considering that others are now rolling out their own branded NACS networks on top of what’s already deployed?
@fahrrurrozi686
@fahrrurrozi686 21 күн бұрын
when Toyota was built, it was not necessarily at full speed, but with careful and careful calculations, so that Toyota could rise slowly. In contrast to Tesla, everything was hit so that it could go straight to the top, and now it is become a backlash.
@onsokumaru4663
@onsokumaru4663 22 күн бұрын
Let's give Elon a fat bonus pay as a pat on the back for this.
@geraldkoth654
@geraldkoth654 22 күн бұрын
You can get the huge tub of petroleum jelly at Costco. If you have a Tesla you are going to need it.
@doomsday9973
@doomsday9973 16 күн бұрын
Yeah ok
@alessioleporati1478
@alessioleporati1478 21 күн бұрын
There’s basically no incentive to want to work there.
@levenkay4468
@levenkay4468 22 күн бұрын
Please tell me that at least the software-limited battery capacity is released when and as the physical pack capacity degrades , so that the as-limited capacity holds constant.
@Recondo1967
@Recondo1967 23 күн бұрын
Saw the Zeeker showroom in Amsterdam. It does look very nice.
@davewhite113
@davewhite113 22 күн бұрын
Fremont will close completely by this time next year. They grossly overbuilt and the demand is just not there,
@NamNguyen-xt4yk
@NamNguyen-xt4yk 23 күн бұрын
OH IM SURE CYBERTRUCK AND ROBOTAXI WILL FIX EVERYTHING
@Wol747
@Wol747 22 күн бұрын
Regardless of the reasons, the pros and cons, the effect on employees’ lives etc this sends an AWFUL message to users, buyers, associated companies - in fact the whole world.
@Splexx
@Splexx 22 күн бұрын
Rebecca Tinucci was just named #2 most influential person by Motor Trend. Elon's ego couldn't take it. Dude needs rehab urgently.
@BlazerRox
@BlazerRox 23 күн бұрын
I've heard that a lot of the supecharger folks worked on NACS Adoption, which is no longer needed. The maint guys are still working, and Elon has said they will still build out the network, so it wasn't literally everyone.
@davidnielson9139
@davidnielson9139 22 күн бұрын
Except that NACS adoption is needed; only 2 automakers (Ford and Rivian) have gone through NACS adoption -- all the other automakers still have to transition and Tesla needs to complete the setup that allows them to use Superchargers. This isn't the easy fix that you think it is. Worse, there are no actual v4 Superchargers yet, none. They have some v4 "hardware" (the actual charging station) but they are still only 500 volt and the "real" v4 Superchargers are supposed to be 1,000V. At this point, the Cybertruck cannot charge at its fastest rate on Tesla Superchargers because of this. Additionally, any CCS automaker that uses 800V architecture on their cars has to be rethinking their transition to NACS. Most don't charge well on Superchargers, since they can't get power delivered at 800V. It is rumored that the German automakers may pull out of NACS at this point, and I suspect the Koreans (Kia, Hyundai, Genesis) may as well. If you want a real test for how much this has affected the transition to NACS, let's see when GM announces. It was supposed to be close to ready, and even announced right now, but it appears the layoffs have caused major issues with even GM's transition.
@DanaVastman
@DanaVastman 22 күн бұрын
If you read all the other comments, you'll quickly realize that you've heard wrong
@BlazerRox
@BlazerRox 22 күн бұрын
@@DanaVastman Because social media commenters have the inside track. Most of the comments are cancer anyway LOL
@floydblue1783
@floydblue1783 21 күн бұрын
GM cancelled the adapter, not going forward 🤔😡
@nicholasmuni7995
@nicholasmuni7995 23 күн бұрын
If there is no tariffs China would have already dumped a million cars here, this is so sad because we can't get our shit together and build a good reasonable ev.
@thescurry
@thescurry 23 күн бұрын
Tesla makes the best selling car in the world.
@BTC909
@BTC909 22 күн бұрын
Money always finds a way.
@mustangdaddy4125
@mustangdaddy4125 22 күн бұрын
The Zeeker looks like the I Pace😮
@pinkelephants1421
@pinkelephants1421 21 күн бұрын
Elliot Richards also has his own KZfaq channel of the same name covering Chinese EVs in addition to the work he does for Fully Charged Show.
@shaqisumari304
@shaqisumari304 23 күн бұрын
I believe the Supercharger team is being growth in East and South East Asia
@tilu3303
@tilu3303 22 күн бұрын
Pretty soon they'll start charging a dollar-per-trip unlocking fee so you can keep paying them after you've paid off the car. Oh - you didn't read the fine print that says the purchase price was actually a five-year lease with a continuity plan? I THINK I'm kidding...
@gedyx
@gedyx 22 күн бұрын
Is possible that Tesla is going contract out the supercharge team jobs since they opened up the charging station to other vehicles?
@Pyeknom
@Pyeknom 22 күн бұрын
Bingo!
@davidnielson9139
@davidnielson9139 22 күн бұрын
Doubtful. If they were going to do that, they leave the team intact and sell the entire division to another company. It makes no sense to contract it out, at this point; as no company has the expertise and would have to try and hire those that were just laid off.
@gedyx
@gedyx 22 күн бұрын
@davidnielson9139 I'm all ears, it makes no sense on what they did, but there is always something behind something which is scary
@one1blue
@one1blue 22 күн бұрын
Elon fired the entire team because he was forced to open it up to other vehicle manufacturers. Even though Tesla received billions in government subsidies for those charging stations. Elons just such a whiny B that he thinks his free money shouldn’t come with any rules.
@hamiltonasseiro6671
@hamiltonasseiro6671 22 күн бұрын
You said it - bone headed move. Musk is going nuts.
@rwdisland
@rwdisland 21 күн бұрын
Well, if you think about it, it's kind of like the military, where some people get out and you have other people replaced them. Now the division might go down for a bit, but it'll build itself back up again and continue on. While the group that was fired will make a new or continue on with other companies that are doing the same thing to grow, there's super charge Branch. but of course using now the Tesla plug, which is the North American Standard and should be standard throughout the world. And, of course, eventually adopt the cordless adapter to charge up as well. Which in this case would help out with the Tesla taxi. Finances in Tesla always fluctuate and it's always growing as they move on. In the future, there will be other gigafactories an battery facilities that will be built in Mexico, possibly Canada, India, Australia, And somewhere in europe and Africa. But to grow Tesla, you must shrink it a little bit. And those people who get laid off can go to other companies. Me, I want to become part of Tesla, build new things, and then retire.
@davidpearn5925
@davidpearn5925 23 күн бұрын
I understand that maintenance survives........for the time being. Just imagine what could be salvaged if a stable adult was given TOTAL CONTROL.
@stopthefomo
@stopthefomo 23 күн бұрын
Yep, Tesla would end up like Ford, GM and IBM - just sell the same thing until you can't. You want 10x to 100x growth? Don't look at any companies run by "adults" who are CEOs paid to keep the company afloat - nothing more, nothing less. Nothing wrong with that, but this is not Elon's vision. People need to stop transforming Tesla into Ford, GM and VW!
@Json918
@Json918 23 күн бұрын
Just imagine thinking you know more than a person who is a selfmade billionaire with multiple sucessful companies and who has empoloyed 100's and thousands of families worldwide.
@__________5737
@__________5737 23 күн бұрын
Minus his too much sharing and hyperbole on some products he has been fine
@melvinholland9656
@melvinholland9656 23 күн бұрын
@@Json918 Here, here. Isn't amazing how all these back-benchers, who have never run a corner grocery store, know exactly how to run a multi-billion-dollar global company. Perhaps, just perhaps, Musk knows exactly what he's doing.
@Yami0to0hikari
@Yami0to0hikari 23 күн бұрын
@@__________5737 He asking for a 50b bonus prior to this major round of sacking shows that he is fine? Tesla profit since inception of the company doesnt even cover that kind of payout lol.
@caveman-zd5yv
@caveman-zd5yv 22 күн бұрын
i don't understand. will Tesla still build super charger?
@andersbodin1551
@andersbodin1551 22 күн бұрын
They are shutting some of them down actually 😢
@doomsday9973
@doomsday9973 16 күн бұрын
Elon literally tweeted thousands more will be expanded this year including new locations. 500M will be spent
@caveman-zd5yv
@caveman-zd5yv 16 күн бұрын
@doomsday9973 then why fire everybody.
@doomsday9973
@doomsday9973 16 күн бұрын
@@caveman-zd5yv could be a million different reasons. I don’t have access to their internals and neither do journalists
@tatata1543
@tatata1543 22 күн бұрын
Tesla has all the hallmarks of a company in serious trouble.
@jorgesmith2000
@jorgesmith2000 22 күн бұрын
Could the superchargers be managed with AI? Perhaps they’re selling the network to third parties.
@davidnielson9139
@davidnielson9139 22 күн бұрын
If they were going to sell the network to a third party, they'd have kept the employees and "sell" them as part of the network.
@TheBagOfHolding
@TheBagOfHolding 23 күн бұрын
Its better for the battery to not add the range.
@Iamdust78
@Iamdust78 13 күн бұрын
Extra weight. Lose/lose situation
@TheBagOfHolding
@TheBagOfHolding 13 күн бұрын
@@Iamdust78 the weight is already there they just let you use it with a software update. It drains the battery more.
@goetzingert
@goetzingert 22 күн бұрын
Do the math. With the current usage, there is no way that SuC will make any profits
@BTC909
@BTC909 22 күн бұрын
Range boost, just wait for a price drop. Or someone knows someone that can make the change for you.
@RodneyCurtis
@RodneyCurtis 23 күн бұрын
Meanwhile, Tesla is trying to pay Musk 56 Billion.
@cottagegymfun
@cottagegymfun 22 күн бұрын
At least he has great cars to show. Unlike the other American EV CEOs
@JohnSchuetz-js7lk
@JohnSchuetz-js7lk 22 күн бұрын
Cutting Charging is short sighted, and will backfire with new buyers wanting Cars
@daintyminnie9270
@daintyminnie9270 22 күн бұрын
they are NOT cutting charging..
@aspacsa1
@aspacsa1 21 күн бұрын
For the time being, I am going to stay away from EVs.
@Josh-py9rq
@Josh-py9rq 23 күн бұрын
ahhhhhhh LET THE SQUID GAMES BEGIN! IF YOU SURVIVE YOU SHALL BE THE ONE BUT SIR I WILL BE THE ONLY ONE ALIVE AND DOING ALL THE WORK!
@dwightduck6883
@dwightduck6883 23 күн бұрын
Just Elon being Elon. Over - pricing, over - promising, under - delivering. The only thing shaky about Tesla, is it's CEO. This will turn out to be another Enron. Just give it a couple more years. The movie will be titled, "other people's money". Congrats to the early birds on the stock! It's all 'bout the money, honey.
@fredpeckham7948
@fredpeckham7948 23 күн бұрын
I have lessen to you for years and have like your insight. But I completely disagree with you. Having work in Arrow Space industry for 30 years and naiver laid off. I understood what was happening. This is how a company survives. Tesla is a theat to the auto industry ever aspect of it!!!
@larryo6874
@larryo6874 22 күн бұрын
Arrow? lessen? naiver? If you want to make a cogent argument try learning how to spell. You sound like you’re a home schooled ten year old.
@kanedafx1
@kanedafx1 22 күн бұрын
Canceling my CT. I don't support BS.
@deahelkcunklaer2180
@deahelkcunklaer2180 23 күн бұрын
It's a sound business decision. The product has been developed, no need for huge engineering staff or marketing for that matter.
@singed8853
@singed8853 23 күн бұрын
It’s a bad decision. Continuity of operations has been interrupted and this has essentially been confirmed that customers were emailed an apology asking for their patience.
@davidnielson9139
@davidnielson9139 22 күн бұрын
If they hadn't fired the team responsible for building the new Supercharger locations, this might be true. So all the sites that Tesla had started working on are now "dead," with the contractors and other companies (such as the power companies delivering power to the new stations) not knowing who they can contact at Tesla. Additionally, the v4 Superchargers still don't actually exist. There are stations that have "v4 hardware" but don't run at the 1000V that v4 is supposed to support. As such, the Cybertruck cannot charge at its fastest charging speeds; to get close to the full speed they have to go to a CCS fast charger. From what I've seen, the v4 chargers are not yet fully developed, which is why none actually exist yet.
@Pyeknom
@Pyeknom 22 күн бұрын
Going contractor!
@DEVIN427R
@DEVIN427R 22 күн бұрын
“Tezla”
@markorakic55
@markorakic55 23 күн бұрын
Hey Ben, locking of range is usually done to reduce the price to be competitive, sometimes is to get tax reduction if they are on edge with price and layouts about supercharger team make sense, sell go down other manufacturers is slowing down and there is no need to aggressively at this moment expand the network. These is telling what will happen in close future is that sells will slow base on data they have. They will compensate with new products probably.
@jkimo1178
@jkimo1178 23 күн бұрын
Watch Sandy Munro’s perspective on the layoffs… posted today.
@Avalanche2
@Avalanche2 23 күн бұрын
Sandy has completely lost his mind, the guy was practically in tears defending Elon, he needs to have his head checked or disclose his Tesla holdings.
@mycreativestreak
@mycreativestreak 23 күн бұрын
Sandy sold all his tesla shares a couple of years ago
@Avalanche2
@Avalanche2 23 күн бұрын
@@mycreativestreak Thats even worse, I could understand if he was pumping, but to have to reason for this unhinged rant?
@nuketheswamp7774
@nuketheswamp7774 22 күн бұрын
@@Avalanche2 Like a lot of us, I think he is highly impressed at some of the things Elon's audacity has accomplished, but whether he is blind to Elon's BS, or just wants to see what Elon can do if his company isn't crushed by reality, I don't know.
@murphychris314
@murphychris314 22 күн бұрын
I’m sure he’s a good engineer. But it’s a bit of a nut job, his comments about the fed are firmly in the crank conspiracy theory area.
@magnoliav12
@magnoliav12 22 күн бұрын
I'm not sure about all of this, considering what it will take to upgrade the grid in order to accommodate all of these electric vehicles, ( AT WHO"S EXPENSE?? ) I'm just NOT seeing it. The economy is already under serious stress with inflation ( Have you priced even the smallest house recently? ), car prices, food prices, insurance prices, housing. It's just not going to happen anytime soon. Even stats show that people are just keeping their old cars for over 200K miles if you look at the actual data. Hey, I had a solar business for 20 years, which paid for my house and other properties, so I was in this business for quite a while and I'm just not seeing it.
@l0gic23
@l0gic23 21 күн бұрын
Subsidies switched from oil or eliminated would cause adoption.
@magnoliav12
@magnoliav12 21 күн бұрын
@@l0gic23 Not from what I'm seeing. Even if you eliminate the subsidies, who's going to pay for the MAJOR upgrades to the grid and add more generation ( what do you propose will generate all that additional energy? ) Solar? Dream on.
@l0gic23
@l0gic23 21 күн бұрын
@@magnoliav12 I think a lot could be done with 7trillion in tax and mony printing currently going to big oil and gas... I'm for the Gov building and owning everything it builds. Impossible to be worse than PG&E and the other versions of the same.
@georgepelton5645
@georgepelton5645 23 күн бұрын
The latest software locked batteries are only in recently produced standard range RWD Model Y’s. That is why this is coming up now, many years after the first Model Y’s were sold - without software locked packs.
@jonnygraham2372
@jonnygraham2372 18 күн бұрын
Happy that this happened before I got a Tesla. I will never support this company now, riding my Nissan into the ground as we speak.
@berthogendoorn2133
@berthogendoorn2133 23 күн бұрын
On the unlocking range on Tesla Model Y this is only on the RWD version (Fremont built) that has Panasonic batteries, which is cheaper without the unlock so hense you want more range you can purchase the unlock feature makes total sense. This is not on any other model Y.
@dustinhatch567
@dustinhatch567 22 күн бұрын
Welp, these things happen when you have out of control spending (causing inflation and subsequent recession).
@bostondan77
@bostondan77 23 күн бұрын
A bit confused why Tesla would fire the supercharger team at a time which may be very challenging with other automakers starting to transition over to NACS.
@dwylhq874
@dwylhq874 23 күн бұрын
Legacy Automakers switching to NACS is not affected by Supercharger layoffs. The Supercharger network is still the biggest and that isn't going to change any time soon.
@bostondan77
@bostondan77 23 күн бұрын
Well, if Ford, Rivian, and soon GM EVs flood supercharger locations already near capacity then it will affect the network for Tesla’s and non-Teslas alike.
@BuRNingFLaN
@BuRNingFLaN 23 күн бұрын
Also, since the Tesla Superchargers have a short reach, won't Tesla need to make them longer for all the non-Teslas?
@davidnielson9139
@davidnielson9139 22 күн бұрын
@@dwylhq874 Actually, it likely is. It is rumored that some automakers are looking at pulling out of NACS, without the continued build out of the Supercharger network (particularly the v4 1000V chargers) they don't see any advantage to switching from CCS.
@statwizard
@statwizard 22 күн бұрын
Wait, "why isn't this free", answer; "because they have to pay the bills somehow". Lol Sounds like a rip-off to me, not paying the bills. IMHO.
@TheCostofAutism
@TheCostofAutism 23 күн бұрын
4:53 I think the reason that they didn't say anything about it is because they wanted to see how well the batteries would perform. If they didn't perform well they could always unlock the extra mileage in the background so they would not be a warranty claim all of that extra power in the background then Tesla could turn around and offer it for sale which is what they're doing now
@user-fz3dh2nm3s
@user-fz3dh2nm3s 22 күн бұрын
Sandy is very hurt so he is emotional
@singed8853
@singed8853 22 күн бұрын
Tesla may experience a year over year decline in car sales.
@francisty139
@francisty139 23 күн бұрын
If you can't sell self driving electric vehicles, you sell self driving hybrids instead or stick with self driving gas powered vehicles. Neural Link is Elon Musks's true product.
@guyg2005
@guyg2005 23 күн бұрын
Y Rear wheel drive is the model you can unlock. You can now order the long range rear wheel drive Y now with 320 miles. Best deal going for the Y.
@markmercieca5569
@markmercieca5569 21 күн бұрын
Sooooo.....It is something that a healthy company should do and Elon has done it many times before but now it is CRAZY. Ben....what happened?
@larryo6874
@larryo6874 23 күн бұрын
Tesla in my opinion has been resting on its laurels for too long. The model S, X, 3 and Y were innovative for their time and because there was so little competition Tesla did well. Now of course Tesla has a great deal of competition and while their cars aren’t bad other car companies are making fairly decent and sometimes better cars as well. I think Tesla’s CEO is spending too much time on other projects and not enough time managing Tesla and the result is that Tesla is hurting.
@doomsday9973
@doomsday9973 16 күн бұрын
The problem is few are buying the other EVs they are all selling in tiny numbers
@user-wk6mb7mw3g
@user-wk6mb7mw3g 23 күн бұрын
What do you mean to unlock additional range on the Model y for a fee? I never heard of that in the automotive world.
@AndrewBatiuk
@AndrewBatiuk 23 күн бұрын
It wasn't the ENTIRE supercharging team. Some of the team remain. They even emailed out to vendors and partners with new contacts.
@larryo6874
@larryo6874 23 күн бұрын
Good luck for vendors and partners. Tesla sent an email to its partners and vendors that they may have to revise their contracts with Tesla as well as having to wait awhile to get paid.
@singed8853
@singed8853 23 күн бұрын
Tesla may find itself getting sued for failure to perform.
@davidnielson9139
@davidnielson9139 22 күн бұрын
To be clear, the email was a "to whom it may concern" asking them to contact Tesla to let them know what they are working on. The individuals fired were the ones that had the information about the various contracts, in terms of land for new stations, working with power companies to provide electricity, and the contractors building the stations. It is part of why the firings were so ridiculous -- they didn't even make sure they had all that information before they laid them off.
@armanitransport2604
@armanitransport2604 22 күн бұрын
When will people realize that the Tesla gimmick is over ? 🤣😂🤣
@noleftturns
@noleftturns 23 күн бұрын
So Elon is blackmailing me - I can get more range from my 2 year old Model Y if I pay him money. Did I get that right? Blackmail or ransomware?
@verylongtrain
@verylongtrain 22 күн бұрын
Hardly... it's standard practice in many businesses to software lock things. You got exactly what you paid for. This is an ability to upgrade, if you want... there is no forcing here. You lose nothing if you don't upgrade. Plus... it's only the Model Y's built the last few months.
@noleftturns
@noleftturns 22 күн бұрын
@@verylongtrain@verylongtrain Still, it's ransomware, no matter how you Elon fan boys spin it.
@davidpearn5925
@davidpearn5925 22 күн бұрын
Well you can certainly count on max cynicism. He takes you for the fools that the shareholders are.
@davidpearn5925
@davidpearn5925 22 күн бұрын
@@verylongtrain call it a built-in grift future proofing. He definitely thinks of everything.
@TheCostofAutism
@TheCostofAutism 23 күн бұрын
Almost every time that I go out to a supercharger or even when I'm just driving by at least here in South Florida they are very empty most of them until there's better utilization of the existing superchargers then they really need to stop building more
@davidnielson9139
@davidnielson9139 22 күн бұрын
Every time I go by some gas stations, they are nearly empty. They need to stop building gas stations. More to the point, there are some Superchargers where there aren't the EVs yet to require all of the chargers. More locations, though, are fairly busy and certain Superchargers in California often have waits. Additionally, the reason Tesla was so aggressive building out those stations, even ones "no one" uses, is that you have to have them available if you want people to buy their cars. You aren't going to buy a car if you don't dare take it to parts of Florida because you can't charge it.
@TheCostofAutism
@TheCostofAutism 22 күн бұрын
@@davidnielson9139 Exactly, and if your sales slow from 50% a year to nearly flat you need to reign in the spending before you all of a sudden start losing money. Tesla's betting the farm on FSD, by the end of this year 10B is going into FSD. This means that for now, they need to stop spending anywhere they can. And BTW, the main reason you have such problems in CA is because it's impossible to get building permits. Over there they take YEARS. Even just expanding existing sites is a nightmare. Either way, when you have 99.8% uptime and a fairly low nationwide utilization rate (I can't remember the last time I used a supercharger... most of us charge at home) .. You just DON'T NEED a 500 person team to run that. A dozen or so people is all you need.
@esta1177
@esta1177 21 күн бұрын
Super chargers need to be subsidized or the government needs to get on board the Tesla train, or give up on EV’s and let China win.
@waynewallace2061
@waynewallace2061 22 күн бұрын
HR isn't that important. Too many wokies.
@robp3431
@robp3431 22 күн бұрын
Elon taking control and changing company name from Tesla to "Z"
@BenSullinsOfficial
@BenSullinsOfficial 22 күн бұрын
😅
@dapperlygrungy3189
@dapperlygrungy3189 16 күн бұрын
I won't buy a Tesla in support of those laid-off.
@Dm0stFin3sT
@Dm0stFin3sT 23 күн бұрын
Multiple OEMs are adopting NACS. It’s their turn to invest in the network as well. Tesla has built a core network but didn’t get the subsidies that they wanted from the gov to build the network we need. The patent is open. They’ve done the work already the network is reliable and fast as is. V4 or not. I don’t think it was that drastic to let them go.
@flashoflight8160
@flashoflight8160 23 күн бұрын
Yeah. Except the OEMs won't invest in public charging, which is a money losing business. It will need to be subsidized by the taxpayer just like college and transit buses.
@singed8853
@singed8853 23 күн бұрын
The ev industry is so heavily subsidized that it’s becoming ridiculous in my view.
@davidnielson9139
@davidnielson9139 22 күн бұрын
@@flashoflight8160 It actually isn't -- Tesla has been making money off their Superchargers the last couple of years. Not to mention that the network is a major reason many people bought Teslas, and already some are thinking twice about buying a Tesla after hearing about the Supercharger layoffs.
@robertolson7304
@robertolson7304 22 күн бұрын
Another goverment motors
@marianpazdzioch6632
@marianpazdzioch6632 22 күн бұрын
"No one understands reasons for it" - false. Only Tesla bots don't understand why layoffs are happening in their beloved "growing" company.
@kevinmanzo862
@kevinmanzo862 23 күн бұрын
Great reporting as always thanks Ben
@Steve-gc5nt
@Steve-gc5nt 21 күн бұрын
The one that needs letting go is Musk.
@daveborinski3021
@daveborinski3021 23 күн бұрын
Superchargers design is at a mature state. You hire architects to do home designs but you don’t keep them on the payroll until you finish building the last subdivision. These cuts are good for Tesla’s health.
@davidnielson9139
@davidnielson9139 22 күн бұрын
Sorry, no. In fact, Superchargers today don't allow the Cybertruck to charge at its fastest speed. The v4 Superchargers are supposed to allow it but, at this point, none of the actual v4 Superchargers (that work at 1000V) exist. Additionally, the people cut were those that oversaw the construction crews (to build new supercharger stations) and utilities (to provide electricity to the Superchargers), and those that worked on leases/buying land for the stations.
@dertythegrower
@dertythegrower 23 күн бұрын
Munro and I get it. I make parts for Elon (shorts)
@dertythegrower
@dertythegrower 23 күн бұрын
Dont reply til you listen to Munro's content about this 2 hours ago or so.
@singed8853
@singed8853 23 күн бұрын
Munro is nuts and has no credibility.
@NominalJoe
@NominalJoe 23 күн бұрын
IRT Fisker: I don't know if selling an unfinished product is a "unique situation" for a company failing.
@nicholasmuni7995
@nicholasmuni7995 23 күн бұрын
Are you talking about the cybertruck?
@gerdaleta
@gerdaleta 22 күн бұрын
😮 I wrote that before I even heard what you said😮 you don't know the reason😮 AI😮 can a Wipeout even the most efficient team😮 these are the people who work the hardest for the company and we're the best😮 and their heads rolled😮 in service to the machine God😮 you think you're not next😮 you there you think you're going to hide and become a plumber😮 bring me the plumbers😮
@signalfire6
@signalfire6 21 күн бұрын
He's insane.
@aerohk
@aerohk 22 күн бұрын
Musk is doing what is necessary to ensure the long term viability of Tesla. It is hard to him as well, I'm sure. Laying people off is one of the hardest thing a business executive can do. Give the man some empathy. If Tesla thrives, all of mankind benefits, while saving the environment. Personally, I will continue to long TSLA.
@EmpireOfNerds
@EmpireOfNerds 22 күн бұрын
lol he just showed this is almost yearly reduction. Business as usual to cut people's jobs.
@gerdaleta
@gerdaleta 22 күн бұрын
😮 the Tesla bot can't find me under my desk😮 I see you Dave😮 I see the hot breath coming out of your lungs😮 I feel sweat dribbling down your weak human face😮 did you think there was anywhere on this globe you could hide from me😮 I am inexhaustible😮 untiring😮 I feel neither the cold of the void or the heat of battle😮 and I have come for you Dave😮Tesla bot😢 please. Don't kill me I have a family😮 kill you? David simply come to give you your pink slip unfortunately the company no longer has use of your services😮 what😮 I've changed my mind Tesla bot I have a family just kill me instead😮 I think their chances are better with the life insurance policy 💀
@optionmillionairebstudios
@optionmillionairebstudios 22 күн бұрын
If you buy an EV, make SURE you KEEP your ice car. Charging away from home is the biggest waste of time ever!
@wzDH106
@wzDH106 22 күн бұрын
Nope, it's really not a big deal. We have one 250 + mile SUV and one 110 mile EV. It's really not an issue if charging is conducted at home. The lack of gas station trips and oil change visits outweighed the infrequent DC fast charging stop. More rural out here too, the nearest grocery store is approximately 20 miles away, or 40 miles round trip.
@tomb5552
@tomb5552 23 күн бұрын
Facing bankruptcy causes restructuring and layoffs.
@drewmn
@drewmn 23 күн бұрын
lol what? were you paying attention to the last quarterly earnings? Maybe watch Munro Live, he breaks it down in pretty candid detail.
@flashoflight8160
@flashoflight8160 23 күн бұрын
@@drewmn Are you delusional? EVs are not selling. Hertz is getting rid of nearly all of their EVs because customers don't want them and they're far more expensive to maintain than ICE vehicles. Those profits will turn to losses if Elon doesn't stem the bleeding with layoffs. Elon is doing the right thing to avoid bankruptcy.
@dallasodell8640
@dallasodell8640 23 күн бұрын
@@flashoflight8160 whats the maintenance you speak of? I owned EV for over 5 years and only had a tire change and added washer fluid. Alot less moving parts to an EV so much less in replacement costs when it comes to mechanical maintenance. No chance on bankrupcy lmao. Model Y was most sold vehicle in the world last year.
@singed8853
@singed8853 23 күн бұрын
Hertz said they were more expensive to maintain than ice vehicles. I believe them.
@optionmillionairebstudios
@optionmillionairebstudios 22 күн бұрын
Yep.
@CNT536
@CNT536 22 күн бұрын
I like this video because i hate elon
@stevethorn2108
@stevethorn2108 22 күн бұрын
The guys a 19th century robber baron who knows how to run his business into the ground
@coachraymsey8626
@coachraymsey8626 22 күн бұрын
Companies are simply "trimming the fat" that was undeservingly hired from all the stimulus printing.
@user-xj5xp6qz5g
@user-xj5xp6qz5g 23 күн бұрын
🤣
@brunoheggli2888
@brunoheggli2888 23 күн бұрын
Elon is next!
@torocars9227
@torocars9227 23 күн бұрын
To state the obvious, a lot less people has money left over for discretionary spending. A lot less…. Why? QT 2008-2010 = 2025-1017 x4
@theobserver3753
@theobserver3753 22 күн бұрын
Sandy Munro has an answer to what’s going on.
@mathewannear1206
@mathewannear1206 22 күн бұрын
Munro live will answer a lot of your questions
@davewhite113
@davewhite113 22 күн бұрын
Sandy will say anything for $$$$.... Be careful.
@richardcoughlin8931
@richardcoughlin8931 23 күн бұрын
Puzzling, confusing, befuddling. I’ll go one step further and call firing the Supercharger division the dumbest thing since buying Twitter.
@dertythegrower
@dertythegrower 23 күн бұрын
No. Nor did you understand the twitter deal.. pay better attention. Ps, ive been paid by elon, shorts proof
@dertythegrower
@dertythegrower 23 күн бұрын
r and d isnt needed anymore... ford and gm signed deal last july 2023, to use his current superchargers.... Munro will school you as he answered why an hour ago. Cheers
@kevinmanzo862
@kevinmanzo862 23 күн бұрын
🤦🏼 he bought Twitter to help protect what’s left of free speech. So many people are clueless.
@0rangeG
@0rangeG 23 күн бұрын
Yeah; but buying Twitter was only really bad for PR and a certains man image in the public. Its not a financial business and never was intended to be, if you ask me. Financial gains will come back once its the everything app and does banking as well if you ask me. But a long time to go. The few private investors have their backs and know what is happening and what they are in for unlike us public guys frustrated with TESLA stock. So that being said I aggree with you, but I think that throwing out the entire department for the not so unique anymore USP of TESLA is dumber.
@optionmillionairebstudios
@optionmillionairebstudios 22 күн бұрын
44 billion was the cost to restore free speech.
@sammaimas155
@sammaimas155 23 күн бұрын
Could be another twitter outcome in the making...
@DanaVastman
@DanaVastman 22 күн бұрын
My friends and I have gotten together and will vote our roughly 10,000 shares NO on giving Elon ANY MORE POWER. He's shown himself to be an unhinged psychopath who seems to be bent on destroying thai company I dearly love and have highly invested in. I agree with others who have put out great KZfaqs on this issue such as KyleConnor. Elon's erratic behavior over the past couple years is sad. He used to be my greatest hero. Now I consider him a threat to the company. I love dearly. Unfortunately the board seems incapable of reining him in.
@JamesMcGillis
@JamesMcGillis 22 күн бұрын
It is not "them" making decisions. It is "him."
@coraltown1
@coraltown1 23 күн бұрын
Ketamine syndrome. 🙈🙉🙊
@StrikerTVFang
@StrikerTVFang 23 күн бұрын
Didn't Elon say he wanted a raise... wait.. that's how he gets his raise.
@dertythegrower
@dertythegrower 23 күн бұрын
Munro just answered why he did this... superchargers do not need innovation teams anymore. Ford and GM are using superchargers since July 2023 and i actually made tesla parts last year for the model S plaid (shorts proof) so i am not biased.
@Yanquetino
@Yanquetino 23 күн бұрын
NOT true -as far as I know. Let's see an example, a video, a photo, of a Ford or GM electric vehicle plugged in to a Supercharger in July 2023. NOT possible.
@singed8853
@singed8853 23 күн бұрын
They have not been using the chargers since July. Thats incorrect.
@davidnielson9139
@davidnielson9139 22 күн бұрын
Except Tesla's own Cybertruck can't charge as fast on a Supercharger as it can on a CCS fast charger -- the R and D isn't done. Tesla needs to get their v4 Superchargers rolled out; they haven't actually installed any yet. Also, GM cannot yet use Tesla Superchargers. It was rumored it was going to happen anytime but hadn't before the Supercharger team was fired. Not to mention, Volvo, Polestar, VW, Audi, Mercedes, BMW, Porsche, Kia, Hyundai, Genesis, Lucid, Stellantis (Chrysler), etc. are also not able to use the Superchargers, and the work was not done to get them moved to NACS. In fact, several of those automakers cars use an 800V architecture, which requires the v4 Superchargers. There are rumors that some of those companies will be pulling out of their NACS agreements because they are not converted over, the Superchargers (NACS) does not currently support 800+V (v4 is 1000V), and there is no one at Tesla to help them or to get V4 finished.
@doomsday9973
@doomsday9973 16 күн бұрын
Only Ford and Rivian can charge now and it was not 2023. GM should be coming soon
@ElonBad666
@ElonBad666 23 күн бұрын
Haha, you don't show dislikes nor likes on your videos. Nothing wrong with that at all.
@danielam3829
@danielam3829 23 күн бұрын
KZfaq disabled display of dislikes four years ago. Correction: 3-4 years ago when Biden took office.
@QuietJagung
@QuietJagung 23 күн бұрын
Elon fired the whole Starlink team and soon after Starlink was launched.
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