Tesla Business and News Thread
04-28-24 | 04:04 PM
#2417
Pole Position
Joined: May 2010
Posts: 2,630
Likes: 741
From: SF Bay Area, CA
My example was depreciating TO 28K, not 28K in depreciation. Obviously have to factor tax and fees in as well so it's a but more complex than just the depreciation. The point was with 45K in payments there's a decent chance your payments are a fair bit higher than the depreciation. Leasing will definitely help if Tesla is giving back the 7500 into the deal plus if I remember right Tesla still lets you buy out an S lease at term so you could use the lease as a hedge.
04-28-24 | 04:25 PM
#2418
Lead Lap
Joined: Jul 2007
Posts: 3,680
Likes: 278
From: SC
You're right, my mistake. It is $1,197/month. $73k is the purchase price, I believe it would be $77k with the upgraded wheels. So you are right again in the sense that the lease payments for 3 years would be about $42k, which would be somewhere around 56% of the purchase price. Not sounding so great when I think about it that way.
Last edited by Bob04; 04-28-24 at 04:45 PM.
04-28-24 | 04:34 PM
#2420
Lexus Fanatic
Joined: May 2012
Posts: 58,072
Likes: 2,785
From: Maryland
My example was depreciating TO 28K, not 28K in depreciation. Obviously have to factor tax and fees in as well so it's a but more complex than just the depreciation. The point was with 45K in payments there's a decent chance your payments are a fair bit higher than the depreciation. Leasing will definitely help if Tesla is giving back the 7500 into the deal plus if I remember right Tesla still lets you buy out an S lease at term so you could use the lease as a hedge.
The huge X factor here is them dropping the prices. Leases were equally unattractive when the Model S was $100k, and those people are pretty happy they leased...
04-29-24 | 05:43 AM
#2421
Speaks French in Russian
Joined: Oct 2002
Posts: 13,303
Likes: 65
From: What is G?
TSLA heating up pre-market! A short term higher high will be made on the charts once market opens if it holds steady. Love to see it. Hope yall were buyers these past 2 weeks (if you were bullish on them long term)! 
Last edited by GFerg; 04-29-24 at 05:55 AM.
04-29-24 | 08:50 AM
#2422
EV ftw!!!
Joined: Nov 2002
Posts: 8,594
Likes: 324
From: Lake Ontario
04-29-24 | 01:02 PM
#2426
You're right, my mistake. It is $1,197/month. $73k is the purchase price, I believe it would be $77k with the upgraded wheels. So you are right again in the sense that the lease payments for 3 years would be about $42k, which would be somewhere around 56% of the purchase price. Not sounding so great when I think about it that way.
04-29-24 | 01:54 PM
#2427
Lexus Fanatic
Joined: May 2012
Posts: 58,072
Likes: 2,785
From: Maryland
We're spoiled, but thats about what a $70k car with no cap cost reduction leases for with current rates
Remember when you lease something like a BMW or a MB or a Lexus there are incentives and things and what you negotiate that come off the MSRP and that reduces the lease payments significantly because the residual is based off the MSRP.
Remember when you lease something like a BMW or a MB or a Lexus there are incentives and things and what you negotiate that come off the MSRP and that reduces the lease payments significantly because the residual is based off the MSRP.
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jrmckinley (04-29-24)
04-30-24 | 05:43 AM
#2428
this doesn't sound great...
https://www.electrive.com/2024/04/30...rcharger-team/
Following the layoffs of around ten per cent of Tesla’s global workforce, there are increasing indications that the US electric car manufacturer will further downsize. According to a report by The Information, which Reuters and other media picked up, it will first and foremost affect the Supercharger division. The portal cites an internal email from TMusk to senior employees.
The Information reports that Rebecca Tinucci, Senior Director of the Supercharger business, and Daniel Ho, Director of Vehicle Programmes and New Product Initiatives, among others, will be laid off – along with all their employees, including around 500 people from the Supercharger team. “Hopefully these actions are making it clear that we need to be absolutely hard core about headcount and cost reduction,” Musk wrote in the email, the report says.
The latest redundancies have not been officially confirmed. On Linkedin, Rebecca Tinucci still lists her position as “Sr Director of EV Charging at Tesla.” However, Jeroen van Tilburg’s move to Ionity can be reinterpreted in light of the latest information. Until recently, the top manager was still responsible for Tesla’s charging business in Europe, but switched to Ionity in mid-March as Michael Hajesch’s successor as CEO.
Musk’s email to managers states that Tesla will continue to build some new Superchargers and complete those currently under construction. What consequences the move – should it be confirmed – will have on the further expansion of the system is not yet known.
But back to the further downsizing at Tesla: according to the report, a large part of the public relations team under former manager Rohan Patel is also being fired. Musk is quoted as saying that Tesla must take an “absolutely hard core” approach to downsizing and that managers whose subordinates “don’t obviously pass the excellent, necessary and trustworthy test” will also be relieved of their duties. Musk is increasing the pressure on his managers.
It has been known for several weeks that there is trouble brewing under the Tesla roof. The company https://www.electrive.com/2024/04/24/tesla-balances-out-quarterly-earnings-with-staff-cuts/for the first quarter. Shortly before this, it was announced that Tesla was making more than 14,000 employees redundant at short notice, including entire teams working on “critical projects.” At the same time, several top managers resigned. Tesla’s Head of Engineering Drew Baglino
in a social media post,
. According to the Electrek portal, Anthony Thurston, Senior Manager of Cathode Materials & Manufacturing, also had to leave.
Tesla CEO Elon Musk has so far only commented publicly on the planned job cuts
: “About every five years, we need to reorganize and streamline the company for the next phase of growth,” he wrote on X in the middle of the month.
https://www.electrive.com/2024/04/30...rcharger-team/
Tesla allegedly fires the entire Supercharger team
According to unconfirmed information, Tesla CEO Elon Musk is laying off the entire Supercharger team led by Rebecca Tinucci. Other departments are also allegedly about to be dissolved. The company is also said to be increasing the pressure on its managers with an internal letter.Following the layoffs of around ten per cent of Tesla’s global workforce, there are increasing indications that the US electric car manufacturer will further downsize. According to a report by The Information, which Reuters and other media picked up, it will first and foremost affect the Supercharger division. The portal cites an internal email from TMusk to senior employees.
The Information reports that Rebecca Tinucci, Senior Director of the Supercharger business, and Daniel Ho, Director of Vehicle Programmes and New Product Initiatives, among others, will be laid off – along with all their employees, including around 500 people from the Supercharger team. “Hopefully these actions are making it clear that we need to be absolutely hard core about headcount and cost reduction,” Musk wrote in the email, the report says.
The latest redundancies have not been officially confirmed. On Linkedin, Rebecca Tinucci still lists her position as “Sr Director of EV Charging at Tesla.” However, Jeroen van Tilburg’s move to Ionity can be reinterpreted in light of the latest information. Until recently, the top manager was still responsible for Tesla’s charging business in Europe, but switched to Ionity in mid-March as Michael Hajesch’s successor as CEO.
Musk’s email to managers states that Tesla will continue to build some new Superchargers and complete those currently under construction. What consequences the move – should it be confirmed – will have on the further expansion of the system is not yet known.
But back to the further downsizing at Tesla: according to the report, a large part of the public relations team under former manager Rohan Patel is also being fired. Musk is quoted as saying that Tesla must take an “absolutely hard core” approach to downsizing and that managers whose subordinates “don’t obviously pass the excellent, necessary and trustworthy test” will also be relieved of their duties. Musk is increasing the pressure on his managers.
It has been known for several weeks that there is trouble brewing under the Tesla roof. The company https://www.electrive.com/2024/04/24/tesla-balances-out-quarterly-earnings-with-staff-cuts/for the first quarter. Shortly before this, it was announced that Tesla was making more than 14,000 employees redundant at short notice, including entire teams working on “critical projects.” At the same time, several top managers resigned. Tesla’s Head of Engineering Drew Baglino
Tesla CEO Elon Musk has so far only commented publicly on the planned job cuts
04-30-24 | 05:59 AM
#2429
Thread Starter
Lexus Champion
Joined: Oct 2019
Posts: 14,578
Likes: 2,300
From: California
this doesn't sound great...
https://www.electrive.com/2024/04/30...rcharger-team/
Following the layoffs of around ten per cent of Tesla’s global workforce, there are increasing indications that the US electric car manufacturer will further downsize. According to a report by The Information, which Reuters and other media picked up, it will first and foremost affect the Supercharger division. The portal cites an internal email from TMusk to senior employees.
The Information reports that Rebecca Tinucci, Senior Director of the Supercharger business, and Daniel Ho, Director of Vehicle Programmes and New Product Initiatives, among others, will be laid off – along with all their employees, including around 500 people from the Supercharger team. “Hopefully these actions are making it clear that we need to be absolutely hard core about headcount and cost reduction,” Musk wrote in the email, the report says.
The latest redundancies have not been officially confirmed. On Linkedin, Rebecca Tinucci still lists her position as “Sr Director of EV Charging at Tesla.” However, Jeroen van Tilburg’s move to Ionity can be reinterpreted in light of the latest information. Until recently, the top manager was still responsible for Tesla’s charging business in Europe, but switched to Ionity in mid-March as Michael Hajesch’s successor as CEO.
Musk’s email to managers states that Tesla will continue to build some new Superchargers and complete those currently under construction. What consequences the move – should it be confirmed – will have on the further expansion of the system is not yet known.
But back to the further downsizing at Tesla: according to the report, a large part of the public relations team under former manager Rohan Patel is also being fired. Musk is quoted as saying that Tesla must take an “absolutely hard core” approach to downsizing and that managers whose subordinates “don’t obviously pass the excellent, necessary and trustworthy test” will also be relieved of their duties. Musk is increasing the pressure on his managers.
It has been known for several weeks that there is trouble brewing under the Tesla roof. The company presented declining sales and business figures for the first quarter. Shortly before this, it was announced that Tesla was making more than 14,000 employees redundant at short notice, including entire teams working on “critical projects.” At the same time, several top managers resigned. Tesla’s Head of Engineering Drew Baglino confirmed his resignation in a social media post, as did the aforementioned former Head of Policy Rohan Patel. According to the Electrek portal, Anthony Thurston, Senior Manager of Cathode Materials & Manufacturing, also had to leave.
Tesla CEO Elon Musk has so far only commented publicly on the planned job cuts in a tweet: “About every five years, we need to reorganize and streamline the company for the next phase of growth,” he wrote on X in the middle of the month.
https://www.electrive.com/2024/04/30...rcharger-team/
Tesla allegedly fires the entire Supercharger team
According to unconfirmed information, Tesla CEO Elon Musk is laying off the entire Supercharger team led by Rebecca Tinucci. Other departments are also allegedly about to be dissolved. The company is also said to be increasing the pressure on its managers with an internal letter.Following the layoffs of around ten per cent of Tesla’s global workforce, there are increasing indications that the US electric car manufacturer will further downsize. According to a report by The Information, which Reuters and other media picked up, it will first and foremost affect the Supercharger division. The portal cites an internal email from TMusk to senior employees.
The Information reports that Rebecca Tinucci, Senior Director of the Supercharger business, and Daniel Ho, Director of Vehicle Programmes and New Product Initiatives, among others, will be laid off – along with all their employees, including around 500 people from the Supercharger team. “Hopefully these actions are making it clear that we need to be absolutely hard core about headcount and cost reduction,” Musk wrote in the email, the report says.
The latest redundancies have not been officially confirmed. On Linkedin, Rebecca Tinucci still lists her position as “Sr Director of EV Charging at Tesla.” However, Jeroen van Tilburg’s move to Ionity can be reinterpreted in light of the latest information. Until recently, the top manager was still responsible for Tesla’s charging business in Europe, but switched to Ionity in mid-March as Michael Hajesch’s successor as CEO.
Musk’s email to managers states that Tesla will continue to build some new Superchargers and complete those currently under construction. What consequences the move – should it be confirmed – will have on the further expansion of the system is not yet known.
But back to the further downsizing at Tesla: according to the report, a large part of the public relations team under former manager Rohan Patel is also being fired. Musk is quoted as saying that Tesla must take an “absolutely hard core” approach to downsizing and that managers whose subordinates “don’t obviously pass the excellent, necessary and trustworthy test” will also be relieved of their duties. Musk is increasing the pressure on his managers.
It has been known for several weeks that there is trouble brewing under the Tesla roof. The company presented declining sales and business figures for the first quarter. Shortly before this, it was announced that Tesla was making more than 14,000 employees redundant at short notice, including entire teams working on “critical projects.” At the same time, several top managers resigned. Tesla’s Head of Engineering Drew Baglino confirmed his resignation in a social media post, as did the aforementioned former Head of Policy Rohan Patel. According to the Electrek portal, Anthony Thurston, Senior Manager of Cathode Materials & Manufacturing, also had to leave.
Tesla CEO Elon Musk has so far only commented publicly on the planned job cuts in a tweet: “About every five years, we need to reorganize and streamline the company for the next phase of growth,” he wrote on X in the middle of the month.
As far as super charger growth, expansion is still continuing in California. The Harris Ranch super chargers has doubled in capacity since last year, they were installing new charging on the other side of the already massive site
