If anyone still has Tesla stock it's probably a good time to sell.
this post was submitted on 09 May 2025
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Anyone who has a 401k likely has Tesla stock, unfortunately.
The good time to sell was December..
Suppose it's now a "less bad" time than it's probably going to get.
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(2 replies)
Good
The workers, who are paid hourly, were told they could either take paid time off or come in for cleaning and training but would not be working on the production line.
I mean, you'd be stupid to not come in, right? Who wants an involuntary unpaid vacation?
I've done it before. When we were working 64 hour weeks? Fuck yeah I'm taking that time off. It also said they could use PTO. The thing is, everywhere I've ever worked, there was never just "one week" of it off. It's like one week every 4-6 weeks as it's slowing down. Hell, I'm on one now. It's basically to avoid layoffs and losing experienced workers.
Also, when you get a week off like that, it's considered a layoff. So you can apply for unemployment for that time. If you keep calling in and reporting your working hours during the time that you're back, you don't have to refile for the next time it happens. Which will happen again in a couple weeks/months. The weird thing to me is that this is being reported on. It happens all the time, it could be for inventory adjustment, or because they're having problems procuring parts due to tariffs. Or retooling/maintenance.
My point is, this doesn't mean a whole lot as of yet. If it happens several more times over the coming months, then that means something. Especially since the stock isn't going down like it was.
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I frequently took unpaid time off at my jobs as I used all my paid time off for various vacations.
Tesla might not accommodate such requests though, so a sudden week off might be something someone would jump at for a last minute vacation.
Choosing to do so at a time convenient to you is something I can understand. For the benefit of your employer, no.
Well if you decide you wanna do something it's not at their benefit anymore.
For the vast majority of people, coming in for the paid training/cleaning is the right choice.
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The end is near.
Think of all the lives that will be spared because Leon never got the chance to implement his shitty FSD that he kept dangling in everyone's faces
Well shit, I pretty much forgot about them during all of this.
Are they not quitting in mass yet?
The job market in Austin is shit right now. Anybody with a soul at Tesla likely can't afford to go job-hunting right now.
I always start job hunting the day I start any new job. Don't be loyal to your employer because they will never be loyal to you.
It sounds like they may not have a choice in that matter soon enough.