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Strange statement. Why would a business guy be judged on firing people. Its not like he is running a charity. I like SpaceX because of what they do, not becaus
by nickik 8y ago
Strange statement. Why would a business guy be judged on firing people. Its not like he is running a charity.
I like SpaceX because of what they do, not because they 'provide jobs to the community'.
- Semirhage 8y ago"Given that Tesla has never made an annual profit in the almost 15 years since we have existed, profit is obviously not what motivates us." So they’re not a profitable business, and not a charity. What are they exactly?
- gowld 8y agoA mission-driven organization, that wants to make enough money to continue its mission.
- deleted 8y ago[deleted]
- aarondf 8y agoAn unprofitable business.
- ericsoderstrom 8y agoThe very next sentences after that one are: "What drives us is our mission to accelerate the world's transition to sustainable, clean energy, but we will never achieve that mission unless we eventually demonstrate that we can be sustainably profitable. That is a valid and fair criticism of Tesla's history to date."
- Semirhage 8y agoIt’s a valid criticism they seem unable to tackle without massive layoffs, which seems problematic. Taking credit for clean energy is good PR though... maybe they’re a PR company?
- zeroxfe 8y agoThey're a business that's not yet profitable. It's not that complicated.
- earenndil 8y ago"profit is obviously not what motivates us" is just corporate-speak, it doesn't mean anything. Amazon also isn't exactly profitable, yet no one would accuse them of being financially unsuccessful.
- paulddraper 8y agoTwitter has not produced a single year of profit in 12 years. Are they a business or a charity or what?
- Semirhage 8y agohttps://www.theguardian.com/technology/2018/apr/25/twitter-profit-second-quarter-social-network https://www.theguardian.com/technology/2018/apr/25/twitter-p... They’re a profitable business, and became one in three years less than Tesla, without the need to tackle a hard problem like manufacturing cars.
- arkis22 8y agoYou can't think of a single instance where people have thought poorly of business guys for firing people?
- anoncoward111 8y agoIt's really revolting, but these days, Wall Street will buy stocks that are announcing layoffs. "Better margins!!!" is all Wall Street hears from layoffs now, not "market headwinds". And of course the human aspect of losing a job is completely immaterial to the Wall Street trader's mind. EDIT: A downvote without a rebuttal enriches none of our minds.
- madeofpalk 8y agoThey're investors. What else are they supposed to do?
- anoncoward111 8y agoThey should consider that the best companies with the best profits also made costly investments into quality employees that later paid off down the road after initial unprofitability i think
- deleted 8y ago[deleted]
- ksk 8y agoA business has to remain in business in order to keep their employees or hire new people. Jeopardizing the employment of existing employees to keep employees a business has determined that they do not have work for is not fair to them. Do you have any concrete evidence that the specific employees are being fired in bad faith?