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> mature, professionally managed companies But Tesla is supposed to manufacture more cars than it manufactures now. It is supposed to grow its capacity to expl
by rvba 4y ago
> mature, professionally managed companies
But Tesla is supposed to manufacture more cars than it manufactures now. It is supposed to grow its capacity to explain its valuation, at least partially. I think they make 1 million cars per year and want to make as much as Toyota + Volkswagen combined who make probably around 20 million cars per year.
So how some short term cuts by 10% connect to the idea that Tesla will grow by 1000%?
Of course in every company you can trim some fat, but isnt Tesla supposed to expand to at least partially explain the valuation?
Also if they wash out people who can get a better job, they are left with those who are stuck there (there is a difference between firing non performers and making best people leave - I define best as someone who can find another job). Will their quality stay the same? Their competitive edge was markering and (supposedly) better technolofy / engineering / programming. Losing top staff in exchange for engineers who accept working as in a sweatshop doesnt sound mature for me.