All too often neither the size of the profit nor percent profit really matter. The important criteria is “compared to plan”.
The stock has been priced according to what the company said it planned to do. If it didn’t meet its plan, stock usually decreases. If it keeps not meeting plan, shareholders usually lose trust and stock decreases even more. Tesla is “special” so who knows
As an owner of a recent one, but before Musk’s issues got so hard to ignore, it has good quality, as did everyone I look at. Tesla had some very well publicized quality issues, when they were hand-building the first vehicles, scaling up the model 3, and trying to build the very different technology of the cybertruck, but their normal, recent cars seem fine
As a gadget freak, teslas have many features that just don’t exist on other vehicles. Has any other manufacturer even gotten over-the-air updates right?
Several of the other vehicles you mentioned aren’t available in the US. We can expect increased protectionism so they never will be.
At least at the time, my Tesla was the lowest price EV with capabilities I wanted. The incentives made a huge difference but I don’t think it would qualify anymore plus they appear to be getting cancelled
We did have a wave of vehicles expected over the next couple years that may give some competition, if those legacy manufacturers don’t retreat to selling ICE trucks and SUVs only. However GM botching the Trailblazer, and Volkswagen screwing up the software on their attempts do not bode well. Hyundai/Kia has some good possibilities. The high end has several good possibilities but for too high a price and too low a volume
Yeah but then it’s not teslas fault. That employee didn’t do their job and can be fired
Pretty much the definition of bubble stocks. If you don’t want emotion driven stocks, don’t ride the hype train. There are many many more stock opportunities, most of whose value is related to actual facts
That’s not new to Tesla. Avoid bubble stocks. Avoid penny stocks. Buy “stodgy”
Why is this an issue. They have their incentive to keep building and selling. As long as they’re building and selling, it doesn’t matter to the rest of us what their profit is.
If they’re building make excess profit, that’s just more opportunity for legacy manufacturers to be competitive. Capitalism 101
Right, we want EVs, Tesla gets a little boost from legacy manufacturers, so now we have a market, EVs are available. GM gets a break do it has time to design EVs, but are really annoyed at funding that bastard Elon, so have incentive to get their shit together. EVs are built a little sooner m, no one goes out of business (yet), we all win
Right, so where’s that equality of opportunity? So many people won’t have that opportunity due to accident of birth or upbringing, class structure or demographic favoritism. Maybe it’s as simple as never seeing a good example to follow. We all lose out when they never have the opportunity.
In my example, my manager would typically not have that opportunity, and I would have lost out.
DEI was putting effort into looking for those situations, finding ways to identify or develop talent that would never have that opportunity. No one should get a pass or automatic favoritism, but it’s naive to believe we start from the same place with the same doors open in front of us
There used to be a store called Service Merchandise with a similar model. Their floor was just a showroom with one of each item, sort of like a physical catalog. You just grab a ticket to buy stuff and wait for it to come up a conveyor, sort of like airline baggage claim. I always wondered why that model never succeeded: it was so convenient and would be even better now with automation and online shopping, qr codes
Yeah, another reason not to go there. Unfortunately no impact since I already don’t.
Nearby one is 24h so I occasionally go there when everything else is closed, but that’s the only advantage they have. But no way am I downloading their app just to get a bottle of aspirin at 1am
But you’re just multiplying the wrongs here. What you’re describing is not necessarily a consequence of DEI policies, but your company’s approach. It didn’t have to be that way.
The worst manager I ever had to train was a white guy. He knew nothing about what we did and should not have been hired. I wasted so much time trying to train him, to the detriment of my work
Best dei hire: my coworker. She was always a great person but just didn’t cut it as an engineer. However someone recognized people skills, plucked her out of engineering to be a manager, as a woman and minority. They gave her training and mentoring, connected her with peers …. And she kicks ass. My last two job transfers were to follow her because that’s the kind of manager, now executive, I want. Great talent, who previously may have been overlooked, not had an opportunity to show her talent
My experience with DEI at several companies has included a focus on finding talent in more places, mentoring and peer support, long term human development, and lots of success in developing more diverse and open workforces, more inclusive of everyone. The goal is not to hire someone because they’re whatever demographic, but to find and develop talent from a variety of demographics
The reason is probably the indexing takes a lot of time. You can’t just turn AI on and expect it to work. You need to turn it on and wait for it to dig through all your data and index it for fast retrieval
It’s kind of funny that even for “dumb search”, Microsoft turned on indexing by default and always made it difficult to disable. However the search was so crappy that there was never a benefit to it.
EVs aren’t working
EVs are the highest growth sector for personal vehicles but are growing a little less than expected, and we can’t make big profits yet
Historically they were technically right. Tesla has always been priced by emotion rather than fundamentals. However it’s not enough to be technically correct when you lose money on that bet. And they almost always lost money.
It’s always been a bubble but that has lasted much longer than most bubbles and no one can predict when it’s pop