Written by Karakush
Effective March 24 local time, production will be suspended at both Tesla's Fremont, California, and New York factories.
The decision was announced five days ago.
The result is unmistakable; the process is as far from a rip-off as you can get.
Six California counties issued public **** health orders on March 16 to fight the epidemic, imposing shelter-in-place orders on all residents, with a tentative lifting date of April 7, if nothing else.
Shelter-in-place is much more lenient than "sealing off the city," which requires the 6.7 million people in the six-county area to stay home as much as possible and minimize nonessential outings.
The old U.S. definition of "necessary" was broad, and many "above-survival" activities were allowed. For example, you can still go for a run or walk your dog in the street as long as you don't gather in a group and keep at least six feet away from others.
But this is far from a negotiable proposal; it's a mandatory order, the strictest anti-epidemic measure in the U.S. today. Under the rules, only businesses on the "essential industries" list can continue to operate.
Tesla's Fremont, California, factory is located in Alameda County, California, one of the six counties. Tesla has continued to make deliveries after the order was issued because they believe that automobile production is very "essential".
"People need transportation and energy, and we are an indispensable provider."
-That's how Tesla's head of HR explained it in his first email to employees the night of the order. The logic is also complete. So at the time, Tesla asked that employees on the production, delivery, and service lines continue to show up for work as usual.
Apparently the government side didn't agree with Tesla's unauthorized self-characterization. The next day, the county named Tesla as not being an "essential industry," and allowed it to retain only minimal basic operations, such as maintaining inventory, security, payroll, and support for remote work. ...... Anyway, production wasn't part of the equation, and production wasn't an option.
That day, Tesla shares fell 3.3 percent during regular trading hours; they fell another 5.3 percent after hours because of the news. On that day, most tech stocks were still up quite a bit, according to CNBC.
Since then, after two more days of tug-of-war between I-say-you-can't-order-clearly and you-say-the-order-don't-be-too-clearly, Tesla has finally decided to comply with the organization's arrangements, and sent out the shutdown announcement mentioned at the beginning --
The California factory will be shutting down in an orderly fashion, and will only be running basic operations. Even so, there are a lot of stay-at-home combatants. As a result of previous dealings with the county, the plant's labor force is being reduced by 75 percent, or from 10,000 people in daily operations, to 2,500 people.
The New York plant will also be temporarily shut down, though it's likely that there will still be a small production run, as those parts necessary for services, infrastructure, and critical supply chains can't be cut off.
Interestingly, the announcement noted that other facility operations continue, including Nevada, service, and the supercharger network. However, less than two days later, Panasonic, a joint venture partner in the Nevada super plant, couldn't resist announcing a 14-day shutdown here as well.
The old horse must have a hundred thousand ponies of reluctance in his heart.
Stupid or bad?
With an epidemic, there are usually only two directions to interpret a boss who ignores the health of his workers: either stupid or bad. Put that in Musk's case, and the only possibility left is bad.
In terms of motivation, that seems to hold true.
Everyone knows how difficult Tesla is.
Based on its outlook for the full year of 2020 in last year's Q4 earnings report, Tesla expects to exceed 500,000 vehicle deliveries (compared to 367,500 for the full year last year, that's an increase of at least 36.1%), and an increase of at least 50% in the deployment of solar power and energy storage facilities. To date, Tesla hasn't announced a downward revision of its targets either.
It's very much a stretch to meet it for cars alone. on March 10, Tesla announced that it had reached the 1 million-unit production milestone, and subtracting the cumulative production of 919,500 units through 2019, Tesla has cumulatively produced about 80,500 units through March 10 this year, according to calculations by InsideEVs. That's up just 4.4 percent from last year's Q1 total of 77,100 units.
Trying to make an end-of-quarter charge is a skill that everyone with KPIs automatically unleashes.
However, that's as far as the rush goes -- at this point, all of Tesla's major U.S. factories will be shut down.
Predictably, its entire line of business will inevitably take a beating.
The California factory assembles the entire car, with all four Model?S3XY models produced for global supply; the Nevada factory produces the batteries for the California-built Model?3/Y (and the Model?S/X is sourced from Japan), in addition to electric motors and Powerwall and Powerpack storage products; and the New York factory produces solar panels and charging facilities.
The pressure to perform is then all on the Shanghai plant and the Chinese market. Unfortunately, everywhere is half-assed. 2,314 new Tesla vehicles were registered in China in February. Of those, 29 were for the Model?X, and only one for the Model?S.
The likelihood of a subsequent retaliatory outburst is not really high, and no organization is predicting that the auto market will remain bullish this year. In all cases, there's only the difference between optimism looking at a single-digit decline, and realism looking at a double-digit decline.
Not to mention the shadow this casts over Tesla, which has only just begun mass-producing the Model Y and is planning to make some decent money; even if it doesn't sell well, it's not as bad as total stagnation.
According to a Bloomberg report, Dan Levy, an analyst at Credit?Suisse, said in a report that Tesla could burn through as much as about $300 million ($2.13 billion) a week during the shutdown.
Compare that to a Bloomberg report on Tesla's "burn rate" last April, which said that it cost $7,000 (about 49,000 yuan) per minute to burn money. A full count of 10,080 minutes a week, the weekly consumption of funds was only 70.56 million U.S. dollars (about 50,000 yuan), far below the level of vacant.
Perhaps aware of the impact on investment confidence, Tesla specifically pointed out in the announcement that by the end of last year, it had $6.3 billion (about RMB 44.67 billion) in cash remaining on its books, plus $2.3 billion (about RMB 16.31 billion) from the recent successful issuance of additional financing, which is more than enough to cope with the uncertainty in the long term afterward. In addition, as of the end of last year, they had about $3 billion (about RMB 21.27 billion) worth of available credit lines that could be used to support operations around the world.
A rough calculation suggests that even a six-month vacancy would still be enough to keep them crawling.
However, in the boss's relative mind, half a day's vacancy is terrible, and the residual value system could be completely destroyed in that half day.
Old horses are mortal too
Of course, no matter how strong the motivation, it's just a put-down.
It depends on what he actually did.
On the cusp of his refusal to shut down production, Musk had said, "I want to clarify that if you feel at all mildly ill or unwell, please don't feel obligated to come to work. I'll come to work myself, but that's just my personal decision. If you want to stay home, for any reason, that's perfectly OK."
Seems very sympathetic, yet the body is not as righteous as the mouth.
According to the original program, if you feel unwell enough to stay at home, you need to take paid time off (PTO), and when you run out of paid time off, you can take another 80 hours (two weeks) on loan, following the normal sick leave procedure; if you can't or don't want to go to work, the company won't penalize you for it, and you'll take the same paid time off, and when you run out of paid time off, you'll take unpaid leave.
However, after accepting the shutdown, the new arrangement is that hourly workers at the two factories were paid their normal wages until yesterday; and during the shutdown, paid leave was provided by the company.
The treatment is the world of difference between capitalism and socialism. After all, not shutting down production would have meant operating on a day-to-day basis, and if you know Tesla's corporate culture, you'll know that the original plan was already extremely exceptionally forgiving, too.
Even with this difference, Musk really isn't an exploiting class horse, he's just a chicken thief.
This is also reflected in his frequent attempts to dwarf the severity of the outbreak with tweets over the past two weeks or so.
The first bullet was this one:
"The?coronavirus?panic?is?dumb."? The new coronavirus panic is?dumb.?This turned out to be the most popular tweet of the week. His tone was considered divinely similar to Trump's in his time. The latter's classic argument is that, you con-con, people are now finally willing to stay in America and spend all their money here ......
This is Musk's central point throughout. A similar point is expressed in different ways:
"Fear?is?the?mind-killer.?" ? Fear is the mind-killer.
As a man of science, it's not enough to have argumentative haiku; he also fills in all sorts of evidence for his position.
For example, he argues that the virulence of the new coronavirus has been exaggerated; the death rate has been vastly overestimated:
And according to Buzzfeed, in a letter to his staff, he goes so far as to try to prove, with data, that the risk of death from the new coronavirus is vastly less than the risk of death if you drive home. To make a base comparison, about 36,000 people die in car-related accidents each year, compared to 36 people who died from the new coronavirus this year ......The virus doesn't even rank in the top 100 health risks ......
Perhaps his numbers were right at the time; Now that number is 583 - pretty indicative of two basic facts; he lacks a developmental perspective, and he's even less of an epidemiologist.
The fact is, he knows he's taking a bad rap for his comments, but old farts like old horses are more inclined to lump them in with previous attacks on himself and Tesla.
"Moral?condemnation?used?not?for?morality,?but?as?a?weapon?for?manipulation?is?messed?up.?" ? Moral condemnation is not motivated by morality, but is reduced to a weapon for manipulation, what a mess.
He has enough believers to support even his most outrageous statements. Just look at the number of likes.
But these are early reactions.
Since last week, he's transitioned into a disease KOL of sorts, responding to questions about how to relieve stress and also actively discussing potential treatment options, such as chloroquine (Chloroquine).
The old horse even shared his own previous experience with Chloroquine pathology with his network.
Chloroquine is an inexpensive anti-malaria drug. on March 16, a team led by French biologist Didier Raoult announced the first results of clinical tests using chloroquine to treat a new coronavirus. The findings attracted widespread attention in the United States. (Trump, in turn, praised it.)
Though his original intent was probably still to use it to show that there are treatments for neocoronaviruses that aren't so scary. Just as he also posted afterward about zero new additions in China, for one thing.
After all, he still believes that the danger of panic far outweighs the new coronavirus itself. If we skew medical resources too heavily toward neocollins, we pay the price in treating other diseases.
But you can still see the changes in the old horse's attitude that come with moving back in the timeline.
For example, in early March, he was rationalizing and inflating in Musk's way; after all, that's when Americans hadn't yet developed a clear public **** attitude, and although you can see our previous mistakes across the ocean, if the lessons were useful, mankind wouldn't be repeating the same mistakes of history over and over again.
And when the impact of the epidemic began to provide immersive experiences, mandatory work stoppages, and the stock market crashed, his acceptance curve roughly still followed the development of the epidemic. We can't keep saying that people don't copy their homework, that's all hindsight, substituting ourselves in.
People are always easy to sympathize with the sufferings of the faraway places, and the problems of the faraway places can always be judged in the Rikers, while the same sufferings and problems in front of us are ignored. Because for the far away, we actually do not bear the responsibility and cost. And the closer, the more involved in their own interests, the more they will be to the direction of the tendency to avoid harm to deduce. Even the smartest people will fall into the trap of their own logic. It's not stupid, it's not bad, it doesn't even have a clear subjective intent, it's just a human weakness.
In the end, he was an ordinary man after all. On top of such an un-nutritious conclusion is the classic dilemma about idols.
As an individual, Musk has the right and the freedom to digest an outbreak like the New Crown Virus in his own way, just like every one of us ordinary people; but as a public figure - he has more than 32 million followers on Twitter alone, not counting the ones who can't get on Twitter in certain areas but can only cloud-surf fans, he has an obligation to take responsibility for how he expresses himself in public.
When it comes to Tesla, it's really more of the same old Twitter PR Waterloo story. How to cut the risk while retaining your personality.
In fact, some of the capital-related risks have already been divested.
In the wake of a major Twitter gaffe in 2018, Musk, as part of the terms of his settlement with the SEC, in addition to relinquishing his chairmanship of Tesla's board of directors and paying a fine of $20 million (roughly Rs. 140 million) each to Tesla, had to agree to be assigned a "Twitter nanny" (effectively He must also agree to be assigned a "Twitter nanny" (actually a Tesla lawyer) to oversee all of his external communications, including tweets.
The old horse did behave for a while after that, but in February of last year he made another mistake, tweeting about productivity, which turned out to be wrong. Tesla later admitted that that one hadn't been pre-screened, and pissed off the SEC so much that it made new, stricter rules last April to assign a senior securities lawyer to be the new babysitter, but any written statement related to the company's financial condition, potential mergers, production numbers, unpublished forecasts, or new lines of business would have to be pre-screened by him.
At least so far there has been no new mess.
And in the future, in the face of public ****-ups, Tesla should probably consider imposing a similar pre-screening on the old horse. To be reasonable, I've never been a supporter of censorship of speech in any form. But under the premise that the public opinion environment is tightening in the US and globally (white left PC is scary :)), controlling censorship and pushing may be necessary for companies, and it's easy to hurt feelings if you're not careful.
What mankind needs, Old Horse builds
As an Essential Horse Blower, I couldn't let this article end without a rainbow fart.
Old horses are old horses for a reason.
The twist began with being called an idiot.On March 18, a Tesla owner, Raja?Abbas, tweeted a shout-out to Old Horse: "Please arrange for the factory to switch to respirators as soon as possible." He identified himself as a friend, "I am a Tesla owner and love Tesla very much. You have to stop acting like an idiot. This is a huge disaster. Go ask the doctors on the front lines."
Musk has probably never been called an idiot in his life and still thought the other guy had a point. He replied, "If there's a real shortage, we'll go build respirators."
New York Mayor Bill de Blasio then stepped in to say that there was a real "severe" shortage, and that New York would need thousands of ventilators in the next few weeks.
According to Business?Insider, some experts estimate that about 1 million Americans could need ventilators during an outbreak of the new coronavirus. And according to a February report by the Johns Hopkins University Center for Health Security, there are currently about 170,000 ventilators in the U.S., 160,000 of which are in use in hospitals, while about 8,900 are kept in the national stockpile.
General Motors and Ford, among others, have said they are willing to do what they can and are testing the possibility of making devices such as ventilators.
Technically, Musk sees no problem in switching production. "Tesla cars come with complex HVAC systems, and SpaceX spaceships have life support systems." Breathing machines, by contrast, aren't difficult, they just can't be produced immediately.
So the Old Horse Twitter picture shifted again to material KOL - on March 22, the Old Horse tweeted about engineering discussions with Medtronic?Plc about a state-of-the-art ventilator.
According to CleanTechnica's interview with Musk, Tesla has 250,000 N95 masks that it will be distributing to healthcare organizations starting Sunday night.
Not forgetting to spout off about how bad N95 masks are
Already, hospitals are receiving supplies
The jungle has had a mask rumble ever since
Additionally, more than 1,200 respirators should be scheduled for this week. The respirators are certainly not yet made by Tesla. According to CleanTechnica, it could take eight to 10 weeks before production of respirators begins at Tesla and SpaceX's factories.
Anyway, even with the myriad of bad qualities in him that you can't look away from, you can't deny that he? s refreshingly unassuming and nothing like those sultry bitches out there always pushing to improve the human condition with technology. That's great.
As one professional horse-worshipper put it: do you see why he's a god?
This article comes from the author of the automobile home car family number, does not represent the views of the automobile home position.