Originally published at: https://infostormer.com/tesla-layoffs-include-roughly-2700-workers-in-texas/
It looks like the layoffs announced by Tesla are going to impact around 2,700 workers in Texas.
Tesla Mass Layoffs Will Include Nearly 2,700 In Texashttps://t.co/vc1gx1jPUZ pic.twitter.com/qrmG5pk2c0
— Forbes (@Forbes) April 23, 2024
There are also reports that they are getting rid of a plans to put out a cheaper Tesla model.
WATCH: Tesla appears to have axed plans for a cheaper model that was set to cost around $25,000 https://t.co/ee7XMzWuP3 pic.twitter.com/QYyXRKKidP
— Reuters Business (@ReutersBiz) April 24, 2024
Elon Musk is claiming otherwise but didn’t provide much details on the recent earnings car while rambling about robotics and artificial intelligence.
*MUSK SAYS AFFORDABLE TESLA MODELS WILL ARRIVE BY EARLY 2025
*TESLA CEO ELON MUSK SPEAKS ON EARNINGS CALL— zerohedge (@zerohedge) April 23, 2024
*MUSK SAYS TESLA SHOULD BE VALUED AS AI ROBOTICS COMPANY, NOT AUTO COMPANY$TSLA pic.twitter.com/16HF4MYKmz
— Investing.com (@Investingcom) April 24, 2024
A $25,000 car is apparently considered “cheap” per Tesla’s standards. Most of their gay cars cost between $50,000 and $100,000. There are also some models that cost well over $100,000. The average person simply can’t afford one of these homosexual automobiles in this economic environment.
This company is headed for disaster. This entire industry was largely formed as a result of government subsidies that was aggressively pushed as a result of the fake environmental hoax known as climate change. Tesla wouldn’t even exist as a company if it wasn’t for all of this kookery.
Tesla is also not faring well internationally against Chinese competition. They’d be in horrible shape if BYD was allowed to sell their cars in America.
📉 #Tesla's shares have seen a fall of nearly 30% in the first quarter because of growth bottlenecks.
🚗 @bsquinn looks at @Tesla's falling revenues and profits amid competition from cheaper rivals ⤵️ pic.twitter.com/h1Gct3bpFu
— FRANCE 24 English (@France24_en) April 24, 2024
Either way, everything about this entire EV industry is gay and it makes me very happy to see that the whole thing is collapsing. Tesla’s major business problems show that this whole thing is imploding in on itself.