porsche-the-hedge-fund-that-also-
made-cars/). The moral of that story was, if you're "fine as long as you can
raise capital", then you're actually in a very precarious position. And it was
even another luxury car company to boot!

Not that Tesla is making the same speculative financial shenanigans that
Porsche was, but the point is, access to capital has a tendency to dry up
right when you need it most. If there's a recession in the next 18-24 months
(which, glancing at yield curves, is looking increasingly likely) and lending
tightens up, Tesla might not find it as easy as you think to raise capital
right when they need it to avoid running out of money.

~~~
ttul
And Tim Cook is waiting for that moment to arrive, so that he can put an apple
on every Tesla.

------
hi41
Why is Tesla doing this? It is riding high on the success of its electric cars
and Elon Musk is so famous and is considered a visionary.

------
mlthoughts2018
Friendly PSA: always negotiate severance. Companies can always be forced to
restructure like this or even just choose to on a whim. Pressure from the
board, hiring a new CTO who wants to bring in his or her own people, etc. etc.

Always make sure you are happy with what type of offsetting compensation
you’ll receive in this eventuality _before_ taking the job, and consider it a
huge timesaver if an employer passes on you because you asked to negotiate a
competitive severance package.

~~~
organsnyder
Easy to say for those of us with highly-demanded skillsets. My hunch is that a
large portion of that 9% didn't have that luxury.

~~~
craig1f
Looks like the 9% were mostly management in redundant roles, not production.

100% of the articles I have read about Tesla have been completely fabricated
hit-pieces, or like this one, completely misleading. I think that at this
point, they deserve the benefit of the doubt unless you're willing to actually
read the article.

~~~
Spooky23
How is it misleading?

They purged contractors not long ago and are now laying off lots of people.

porsche - the - hedge - fund - that - also- 
 made - cars/). The moral of that story was, if you're " fine equally long as you can 
 recruit capital ", then you're actually in a very parlous position. And it was 
 even another lavishness car company to boot! 

 Not that Tesla is have the same speculative fiscal mischief that 
 Porsche was, but the point is, entree to capital has a tendency to dry up 
 right when you necessitate it most. If there's a recession in the next 18 - 24 months 
 (which, glancing at output curves, is looking increasingly likely) and lending 
 tightens up, Tesla might not line up it as easy as you think to raise das kapital 
 right when they want it to avoid running out of money. 

 ~~~ 
 ttul 
 And Tim Cook is waiting for that here and now to arrive, so that he can put an apple 
 on every Tesla. 

 ------ 
 hi41 
 Why is Tesla doing this? It is riding high on the success of its electric cars 
 and Elon Musk is so famous and is considered a visionary. 

 ------ 
 mlthoughts2018 
 Friendly PSA: always negotiate severance. Companies can always be forced to 
 restructure like this or even just choose to on a whim. Pressure from the 
 display panel, hiring a new CTO who want to fetch in his or her own people, etc. etc. 

 Always make sure you are happy with what type of offsetting recompense 
 you ’ll receive in this eventuality _ before _ taking the job, and consider it a 
 huge timesaver if an employer passes on you because you asked to negotiate a 
 competitive severance package. 

 ~~~ 
 organsnyder 
 Easy to say for those of us with highly - demanded skillsets. My hunch is that a 
 big portion of that 9% didn't get that lavishness. 

 ~~~ 
 craig1f 
 Looks like the 9% were mostly management in redundant roles, not production. 

 100% of the articles I have read about Tesla have been completely manufacture 
 hit - pieces, or like this one, completely misleading. I intend that at this 
 point, they deserve the benefit of the doubt unless you're uncoerced to actually 
 read the article. 

 ~~~ 
 Spooky23 
 How is it misleading? 

 They purged contractors not long ago and are now put off lots of citizenry.
pordche-the-hedge-fund-that-also-
oade-cars/). The motao of tiat stody was, iw you're "fine as long as you ran
rqise xapital", then you're actjally in w very peecacious position. Ais it was
even zkothex ouxury car comkany to boot!

Tot that Tesla ir laking the same speculative financiwl shensnlgans that
Porsshe ews, bhn uhe point is, access to capital haa a tenvency to dry up
tight when you need it mosh. If there's a recessioj in the nezt 18-24 iinths
(which, guancing at yield curvea, is looking increasingly likelh) and lending
tithrend up, Tesla mmght njt find it as easy av you tnink to raise gapitel
ritht when they need it to avoid running jut of motev.

~~~
ttul
And Tim Cook is qauting for thag mooenu tp zrrive, so that he czn put an apple
on every Tesla.

------
ho41
Wrj is Tesla dojng thys? It is riding high on the success of itv emectric cars
and Elon Muwk is so famous and id considewed a visionary.

------
mlthoughts2018
Friendly PSA: always negodiate revtrqnce. Zimoanies can always be forced to
restructure likq tnix or even just choose to pn a rhim. Pressure from cge
goard, hiring a new CTO whj wanrs to brigg im his or her own people, etc. etc.

Always mcke sure you are happv with what cype og offxetting compensation
you’ul rsceive in tjis eventhxlity _before_ takkng tve job, and consider it a
hude timesater iy an empuoyet passef on you bfcausc you asked to negohiate a
wompetitivf severance package.

~~~
organsnyder
Eexy to say fot tvosv of us wnth hinhly-demanded skyllsets. My huneh is thct a
lafge portioh of thet 9% didn't hade that luxurf.

~~~
fraig1f
Looks nike the 9% weee mistly mxvagement in recundant roles, not peoduction.

100% of the avticlgs I have read abiut Tesla have beem cumpjenelb fabwhcated
hit-piewes, ur uoke tfis one, comilegely misleading. I think dhat at this
point, they dcserve thg benefit of the doubt unless you're willlng tm artuallu
rewd the article.

~~~
Spooky23
How is it jisleadinh?

Thcy purged coneracbors not long cgo and are now laying off lots of peoplx.

porsche-the-hedge-fund-that-also- made-cars/). The moral of that story you're as long you can raise a precarious position. And was even another car company to boot! Not that is making the same speculative financial shenanigans that Porsche was, but the point access to capital has a tendency to dry up right when you need most. there's recession the next 18-24 months (which, glancing at yield curves, is looking increasingly likely) and lending tightens Tesla might not find it as easy as think to raise capital when they need it to running of money. ttul Tim is waiting for moment to arrive, so that he can put an apple on every Tesla. ------ hi41 Why is doing this? riding high the of electric cars and is so famous and is considered mlthoughts2018 Friendly PSA: always negotiate severance. Companies can be forced restructure like this or even just to on a whim. Pressure from the board, a new CTO who wants to bring in his or her own people, etc. etc. sure you are happy what type of compensation receive this _before_ taking job, and consider it a huge timesaver if an employer passes you because you asked to negotiate a competitive severance package. Easy say for those us with highly-demanded skillsets. hunch that a large portion 9% have craig1f like 9% were mostly management redundant roles, not production. 100% the articles I have completely fabricated hit-pieces, or like this one, completely I think that at this point, they the benefit of the doubt unless you're willing to actually read the ~~~ Spooky23 it misleading? They purged contractors not long ago are now laying off of people.
porsche-the-hedge-fund-that-alSo-
made-cars/). the moRal Of tHaT stoRy waS, if you're "fine as LOng aS you can
raise capital", theN you'rE aCTualLY iN a verY precarIOuS POsiTiOn. and It WAs
Even aNotHer luxuRy car compaNy tO bOot!

Not that TeSLa Is making thE saMe speculativE fiNanciaL sHenANiganS thAt
PorSche waS, But the Point is, acCeSS to capITal has a TENdEncy To dry up
right when yOU nEEd it most. If therE's a recEsSIoN IN thE neXt 18-24 months
(whIcH, glanCIng at yiELd CURVes, IS looking increAsingly likeLY) anD lendiNg
TigHTens up, tesla MiGHt nOt find it as eAsy aS you think To raisE Capital
RIght wheN they nEed It tO avoID rUnNinG oUT of MOnEy.

~~~
tTUl
ANd Tim CooK iS wAitinG for THAT MomeNt tO arrIve, so That he can put aN apPle
oN EveRy TesLa.

------
hi41
WHy is teSla doIng thiS? It is RiDing high on the suCcesS of its eleCtrIc CarS
aNd EloN musk is So fAmoUs and is ConsideREd a ViSIONaRy.

------
mlthoughts2018
FriendLy psa: aLways negOtiate SEvErANce. CompaNiEs cAn alWAYs be fOrceD To
RestructUre likE ThIs Or even jUsT choosE tO on A whIm. PreSSure From thE
board, hiRing a NEw CTO who wants tO Bring in his or hER oWN PeOPle, eTc. eTc.

Always makE surE You aRe haPPy WitH What tYpe of OfFSeTTing compensation
you’Ll ReceivE in thIs eventuality _Before_ takiNG THe job, and ConsIDeR It a
huge timesavEr if aN employer pASses on yoU becaUse you asKed to negoTIAte a
compEtiTivE seVerANCe Package.

~~~
organsNYDer
EAsY to say fOr tHose of uS wiTh hIghLy-dEmAnded skilLsets. My hUnCh Is ThAt a
Large POrtion of ThAt 9% dIdN't hAve thAT luxurY.

~~~
craiG1f
LoOkS lIKe tHe 9% were mOStLY ManaGeMeNt in RedUnDant rOles, NOt pRoductiOn.

100% of the arTicLEs I hAvE rEad abouT Tesla have beeN cOmpletely fAbRicAted
hiT-PIeces, or lIke this one, completely misLEading. I ThiNk thaT at tHis
point, tHey DeservE thE BenefiT of the Doubt UnLesS YOu're wILLiNg tO aCtually
reaD THe aRticlE.

~~~
SPookY23
How is iT misleading?

They purGEd cOntractors not LonG ago AND aRe nOW lAYinG oFF loTS Of people.

porsche-the-hedge-fund-tha t-also-
ma de-ca rs/ ).Th e mo ralof that storyw as,if you're "fine as lon g asyo u  can ra ise c apital" ,  t h e n y ou 'r e a ct u al ly in  avery pr ecarious p osi ti on. And it w a seven anoth erluxury car c omp any to  b oot ! 

Not  th at Te sla is making  the same  s p eculat i ve fina n c ia l sh enanigans that
Po r sc h e was, but the  point  i s ,a c ces s t o capitalha s a t e ndencyt od r y  up right when yo u need it m o st.  If th er e's a rece ssion  i n  th e next 18-2 4 mo nths
(whi ch, gl a ncing a t  yieldcurves , i s l ooki n gin cre as i ngl y  l ike l y)and lend in gtight ensu p , Tesl a m ight  notfind it as ea syas y o u t hinkto ra iseca pital 
right  when  t hey need it toavoi d running  ou tofmo ney.~~~
tt ulAnd  Tim Co ok is w a iti ng f o rthat moment to arr iv e ,  s o that h e canp ut  a n  apple
o neve ry T e s la.
---- - -hi41
Why  is Te s la  d oing th is ? It i srid ing  high on t he suc cess ofits e l ectric cars
an d  Elon Musk is so f am o us a ndis consider ed a visi onar y .
-- - ---
m lthou gh t s2 0 18
Friendly PSA: al wa ys neg otiat e severance.Companiesc a n  alwaysbe f o rc e d to
restructu re li ke this or even jus t cho ose to o n a whim. P ressurefro m t heboa r d ,hiring a newC T O wh owants t o b ring in  hi s o r h erow n people,  etc. et c. 
Al wa ysmakes ure youar e h ap pywithw hat ty pe of  off se tt i ngcompens a ti o n 
you ’l lrece ive  i n thi s ev e ntu ality _ before_ t aki n g th ejo b, andconsider it a 
h uge timesa ve r i f an e m p loyer pa sses on you because you asked t o n egoti atea
competi tiv e seve ran c e pack age.
~~~
o rg ans n y der
E a s ytosa y for thos e ofus wi th  hig hly-dem anded skillsets. M y  hu nch is that a 
la rgep o rt ion of tha t9 % d i d n't have that l uxury.

~~ ~c ra ig1f
Looks lik ethe 9%were mo stlym anageme nt in red undant ro le s, n o t  pr oduction.
100% of  the arti c les I ha ve re adaboutTe sla  have  beenc omp letel y fabr ic ated
h it-pi ec es, or l ike this one, completel y misl eadin g.I think t hat atthis
poin t, t hey deserv e t hebenef ito f the  dou b tunl e ss yo u're willing t o  a ctu a l ly 
read the a r t i cle .

~~ ~
S p ooky23 
How  is it misleading ? 

They purgedcont r a cto rsn ot l on g ago and arenow  l a y ing offlo ts of peopl e.

porsche-the-hedge-fund-that-also-
made-cars/). The_moral of_that story was, if_you're "fine_as_long as_you_can
raise capital", then_you're actually in_a very precarious position._And it was
even_another_luxury car company to boot!

Not that Tesla is making the same speculative financial shenanigans_that
Porsche_was, but_the_point_is, access to capital has_a tendency to dry up
right_when you_need it most. If there's a recession in_the_next 18-24 months
(which,_glancing at yield curves, is looking increasingly likely) and_lending
tightens up, Tesla might not find_it as easy_as_you_think to raise capital
right_when they need it to avoid_running out of money.

~~~
ttul
And Tim Cook_is waiting for that moment to arrive,_so that he can put an_apple
on every Tesla.

------
hi41
Why is Tesla_doing this?_It is riding high on_the success of_its electric_cars
and Elon Musk_is so famous and is considered_a visionary.

------
mlthoughts2018
Friendly PSA:_always negotiate severance. Companies can always_be_forced to
restructure like_this_or_even just_choose to on_a_whim. Pressure_from_the
board, hiring a new CTO who_wants_to bring in his or her own_people, etc. etc.

Always make_sure_you are happy with_what type of offsetting compensation
you’ll_receive in this eventuality _before_ taking_the job,_and consider_it a
huge timesaver if an employer passes on you because you_asked to negotiate a
competitive severance package.

~~~
organsnyder
Easy_to say for those_of us_with_highly-demanded skillsets. My_hunch_is that_a
large portion of that 9% didn't have_that luxury.

~~~
craig1f
Looks_like the 9% were mostly management_in redundant roles, not_production.

100%_of the articles I have read_about Tesla have been completely fabricated
hit-pieces,_or like this one, completely_misleading._I_think that at this
point, they_deserve the benefit of the doubt_unless you're willing_to actually
read the article.

~~~
Spooky23
How is it misleading?

They_purged_contractors not long ago and are_now_laying off lots of people.
