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To: NorseViking

Is 7% really catastrophic?


3 posted on 01/19/2019 8:45:11 PM PST by Wayne07
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To: Wayne07

Its pretty bad.


5 posted on 01/19/2019 8:48:49 PM PST by Secret Agent Man (Gone Galt; Not Averse to Going Bronson.)
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To: Wayne07

TSLA stock tends to make big swings in both directions.


6 posted on 01/19/2019 8:54:28 PM PST by Moonman62 (Give a man a fish and he'll be a Democrat. Teach a man to fish and he'll be a responsible citizen.)
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To: Wayne07
Is 7% really catastrophic?

3,000 jobs? Nothing good about it but calling it "a catastrophic blow to its U.S. workforce" sounds like major hyperbole to me.

12 posted on 01/19/2019 9:05:28 PM PST by TigersEye (This is the age of the death of reason.)
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To: Wayne07

When you already can’t meet his production demands? Yeah.....because he’s either getting rid of sales or manufacturing or what’s left of his engineering staff


26 posted on 01/19/2019 9:27:55 PM PST by Nifster (II see puppy dogs in the clouds)
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To: Wayne07
Tesla is choking on it's own vomit...

So yeah..it ain't good.

47 posted on 01/19/2019 11:13:02 PM PST by Osage Orange (Whiskey Tango Foxtrot)
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To: Wayne07

Building a factory is a different workforce than operating a factory. Tesla no longer faces do-or-die goals; it can be profitable enough with its current product to fund its future products without desperate leveraging.

The bad news is simply that Musk shows he has no loyalty to his workforce.


55 posted on 01/20/2019 2:50:52 AM PST by dangus ("The floor of Hell is paved with the skulls of bishops" -- St. Athanasius)
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To: Wayne07
Is 7% really catastrophic?93% of Tesla workers say "No."

Let's put this in perspective. If Trump RIF'd a few hundred thousand "non-essential" government employees... say 7 to 10 percent, would it be catastrophic?

74 posted on 01/20/2019 5:51:05 AM PST by Pearls Before Swine ( "It's always a party when you're eating the seed corn.")
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To: Wayne07
Is 7% really catastrophic?

At 10%, he'd be literally "decimating" the workforce.

82 posted on 01/20/2019 8:00:25 AM PST by NorthMountain (... the right of the peopIe to keep and bear arms shall not be infringed)
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To: Wayne07

No, but this is not the behavior of a company that is working out it’s problem, getting back on track, and getting those cars rolling. Tesla will fold and wind up being a rich guy’s tax write-off, just like every other energy scam before it.


85 posted on 01/20/2019 2:45:09 PM PST by Excuse_My_Bellicosity (Liberalism is a social disease.)
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