Tesla Lays Off Hundreds of Autopilot Workers in Latest Staff Cut

  • Does anyone know why Tesla is laying off so agressively? While they are likely overvalued post-pandemic... their financial position appears solid even if the stock fell by 50x.

    I doubt any cuts could yield the type of profitability that wall street expects at the current valuation.

  • > Teams at the San Mateo office were tasked with evaluating customer vehicle data related to the Autopilot driver-assistance features and performing so-called data labeling.

    My sympathies with the folks laid off, but do American firms still do data labeling in-house? I assume most of it is out-sourced via Scale or other vendors to eventually India, Vietnam etc.

  • "We will have full self driving next year"

    - Elon Musk (2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022)

  • Have we all forgotten Dojo?

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