Thread regarding Ford layoffs

They got a better value.

That’s a lot of trucks we have to sell, what if we started thinking about executive compensation in terms of sales share?

Autonomous vehicle is a way to bankruptcy.

Yeah, B that's how it goes

My guess: he’ll replace the last remaining domestic engineers with outlanders.

That what they do in California.

Take out money. Add lighter fluid. Burn. The Detroit way!

The thing is that Tesla and all the spin offs have heavily relied on circular accounting to appear more profitable than they are. Things like Spacex buying 25% of the Cyber trucks and Tesla claiming those as true sales. Then there are all the wild claims that never will be true (and they know it, but need to con more investors to invest). The delivery dates for leaps in technology get bumped 5 years always with some external excuse (supply chain issues, lack of US workers, tariffs, phase of the moon).

What will Sterling bring to GM? Expertise in fleecing investors? Expertise in monetizing hopium? Do a bit of research on the true viability of having loaded AV semi-trucks on the highways, and the issues Aurora employees have spoken up about (which were papered over by Aurora management).

Not a super high bar, all you have to do is not lose billions of dollars and you’re worth more.

Never heard of him as most haven't. That is a point right there. DF has name recognition and the accomplishments to back it up.

No chance this person will make the impact on GM and its future like DF did with Ford. DF created Model e, what will this person do?

He’s pretty good comparatively to the other executives we have. It helps that he has a lot of visibility. During his first few weeks he visited most of the facilities to talk to people about company issues, and starts off each APM explaining rationale behind business decisions, and gives recognitions to the teams each time. People complain on the reddit about the company and aim that on him being the face to direct it, but at least he openly thanks everyone. He pretty regularly responds right away on slack too.