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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
Yes, so much so that the GAAP accounting standards were pressured, successfully, to make it such that stock based compensation (something that used to only be reported on the balance sheet), got charged as a non cash expense on the P/L statement. This was done since the non tech companies got tired of seeing the tech companies get “free” employee compensation without having it reduce their EPS. So starting in the early 2000s IIRC, companies had to report this phantom non cash expense, thus reducing their EPS.
Of course, it made no real difference since analysts just backed out the stock based compensation from the EPS calculations to report non GAAP earnings since they were and are a better measure of a company’s operating results.
insaneoctane
Well-Known Member
For the folks who seemed surprised by the ESPP, it's not an uncommon benefit with tech companies.
Some non-tech companies also offer ESPP
philw1776
Member
Way back in the 1970s I had an ESPP with DEC Digital Equipment Corporation
Does anyone know what these trolleys are for at GigaTexas? Judging by the size and quantity I wonder if they could be for the front and rear ends of unboxed production? They look a little too small for a full vehicle.
That said, there could be a number of reasons for them (e.g. just carting battery packs around now that volume is increasing substantially)
Timestamp
That said, there could be a number of reasons for them (e.g. just carting battery packs around now that volume is increasing substantially)
Timestamp
2daMoon
Mostly Harmless
Anyone else get an email from National Financial Services LLC regarding a class action lawsuit with Tesla for shareholders who held the security on 2023-07-14? Sender address was [email protected].
Not one to click on things until I know they are legit.
Edit: Maybe this is it.
Reuters Article
CNN Article
Not one to click on things until I know they are legit.
Edit: Maybe this is it.
Reuters Article
CNN Article
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DFibRL8R
Active Member
Yes, received a few emails for shares I hold in different accounts. Not sure what the class action is all about though (the link didn’t give much info).
I received a notice from TDA. Didn't click on the link though.
Headers show: Received: from JSQMailer2.broadridge.com (jsqmailer2.broadridge.com [167.212.2.100]) by mail at j3iss dot com
IP-lookup shows: So I imagine it's legit. (Being lazy I was waiting to hear what those who went through the legalize thought--other than it's just another frivolous lawsuit)
Tesla directors agreed to return a bunch of stock options. Issue is settled, the letter alerts shareholdes they have the ability to appear before the judge on Oct 13th and speak against adopting the settlement.
It's offical docs sent to offical shareholders by their brokerages, same as annual proxy voting materials. What's the problem?
2daMoon
Mostly Harmless
If it is a legitimate court action Tesla is likely required by law to provide a way to inform the shareholders that are eligible to participate.
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2daMoon
Mostly Harmless
I cannot say with any certainty what they might be for, but, I'd agree that it does look as though they have been unboxed.
Tesla advertisement of the day. Using SS to solve puzzle for real world escape room.
Krugerrand
Meow
Pretty good for a party trick that doesn’t work, especially in what looks like an underground location.
Stretch2727
Engineer and Car Nut
They look like typical material handling carts used in many factories. Although white and red which I believe is Tesla's factory color scheme. You can see a few linked together to be pulled like a train through the factory.
Typically when parts arrive on trucks they would be transferred to something like this to move the work location in the factory. They allow even line worker to move them in to position as parts are depleted on the line.
I would expect the unbox process to use something more sophisticated with locators and possibly some actuators to assist with the assembly process.
Stretch2727
Engineer and Car Nut
You have to like the headline. Basically going through what we all know about Tesla's labor cost structure compared to the big 3. Even explaining that Tesla line workers get stock options as an incentive for the company to do well. Paywalled.
www.wsj.com
Here is a excerpt.
The Detroit companies’ labor costs, including wages and benefits, are estimated at an average of $66 an hour, according to industry data. That compares with $45 at Tesla, which isn’t unionized and was founded 20 years ago. Meeting all of Fain’s initial demands would boost average hourly labor costs to $136 for the Detroit companies, Wells Fargo estimated.
Whatever the UAW Strike Outcome, Elon Musk Has Already Won
The Detroit automakers entered labor talks at a cost disadvantage to Tesla.
www.wsj.com
Here is a excerpt.
The Detroit companies’ labor costs, including wages and benefits, are estimated at an average of $66 an hour, according to industry data. That compares with $45 at Tesla, which isn’t unionized and was founded 20 years ago. Meeting all of Fain’s initial demands would boost average hourly labor costs to $136 for the Detroit companies, Wells Fargo estimated.
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