Fri. May 10th, 2024

On Tesla’s Q3 earnings name, CEO Elon Musk mentioned individuals who do business from home benefit from the individuals who can not do business from home and are “indifferent from actuality.” In the midst of speaking about rising rates of interest and their impact on the affordability of automobiles, Musk launched right into a dialogue about “Marie Antoinette” vibes of the individual he describes asking why doesn’t everybody do business from home.

“Like… what about all of the those that have to come back to the manufacturing unit and and construct the automobiles? What about all the those that should go to to the restaurant and make your meals, and ship your meals? It’s like, what are you speaking about…”

Musk carried on, saying “Why did I sleep within the manufacturing unit so many occasions? As a result of it mattered,” referring to decreasing the prices of a Tesla. He’d been requested how he considered worth elasticity within the present macroenvironment.

In a CNBC interview earlier this yr, Musk referred to as distant work “morally incorrect” and argued it’s unfair to those that can’t have the choice, like meals supply staff. “Get off the goddamn ethical excessive horse with the work-from-home bullshit,” Musk mentioned on the time. Final yr, Musk mentioned do business from home was “now not acceptable” at Tesla and issued necessities for 40-hour work weeks in workplace.

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