Asian automakers no doubt have the highest quality and reliability (though no so much innovation) but other nations automakers are really not that far behind. "A rising tide lifts all boats". And I say that as an owner of almost equal amount of Asian and German models over the decades.
(The Daily Upside) EVS Tesla Autopilot Workers Push For Union Those “prove you’re not a robot” CAPTCHA tests may be easy for you, but Tesla’s Autopilot systems still aren’t great at identifying the squares with the traffic signals. Thankfully, the EV giant hires real humans to assist the computers. But on Tuesday morning, those same employees at Tesla’s Autopilot division sent an email to CEO Elon Musk alerting him to their intention to unionize. The workers are going through the same union that backed a sweeping and largely successful unionization drive amongst Starbucks workers. If that doesn’t give Musk a morning jolt, maybe a chai latte will. Union Pile-Up Musk tweeted his skepticism of unions in 2018, and this came back to bite him (albeit mildly) in 2021 when the National Labor Relations Board ordered him to delete the tweet. The federal agency also forced Tesla to revise the confidentiality agreements it asked employees to sign and hire back a union organizer it had previously fired. This did nothing to stop Musk from continuing to publicly espouse his distaste for unions, which Tesla has managed to avoid despite being in automobiles, one of the most heavily unionized industries. The workers behind Tuesday’s email are the ones who parse through footage from cameras on Tesla cars and label the different objects that appear, building the training data that allows the vehicle to tell the difference between, say, a stop sign and a child. It’s the type of meticulous labor nearly all Big Tech giants rely on, and the similarities don’t end there: • The language used by one of the organizers in an interview with Bloomberg echoed a slogan used by Amazon workers in the past: “We are not robots.” Six Tesla employees also told Bloomberg the pace of their work meant they try to forgo bathroom breaks — sound familiar? • Tesla’s Autopilot is arguably the most PR-sensitive part of its business, and is the subject of an ongoing investigation by the National Highway Traffic Safety Administration. With that in mind, the company likely wants to resolve this new union push as quickly as possible, especially with workers giving quotes to the press about feeling rushed to hit productivity metrics. Off-Fording: While US Tesla workers clamor for unionization, European Ford employees might be asking their reps about redundancy packages. Ford announced Tuesday it will be cutting 11% of its European workforce, which translates to 3,800 jobs. Ford said the cuts were spurred partly by its desire to sell only electric cars by 2030 by slimming down its product lineup. Chalk up the pink slips to the green revolution.
And now today:- (Bloomberg) Tesla terminations Tesla terminated dozens of employees Wednesday at its plant in Buffalo, New York, one day after Autopilot workers at the facility announced a union campaign, organizers said in a complaint. In a filing with the US National Labor Relations Board, the union Workers United accused Tesla of illegally terminating the employees “in retaliation for union activity and to discourage union activity.” The factory employs more than 800 Autopilot analysts, non-engineering roles that contribute to Tesla’s automated-driving development, according to the union.
cool, and every OEM will continue to go by JPM's IQS to address quality issues. Like I said, I work in the industry.
%% barchart.com has a 24% sell on Ford+ price still down from last week in JAN topping tail. I noticed over the years options are the most in-accurate or skip- sloppy price data of any thing i ever studied; + much of it not in buyers favor. I dont blame options for wide bid\ask ; any market without high volume is subject to wide bid \ask.[Actually a wider bid\ ask derivative can be a help sometimes when the cash takes off........] FORD would be a bit tricky for me to trade,$00.36 is not much of an average move\ but its about 3% on Ford.......
This right off the points I made earlier regarding unions in general and in particular in the auto industry: BARRON'S: Could Ford, or others, build EVS as efficiently as the EV leader? The answer was an overwhelming no: 92% of respondents said traditional auto makers won't catch Tesla. Farley agreed. "I'm in the 92% camp," he told Lache. That sounds almost defeatist, especially coming from the second-largest EV maker in the U.S. Ford delivered almost 62,000 EVs in 2022, while Tesla delivered about 522,000.
%% FORD + HMC/TM were about the cars best pick Ups[trucks.....\ not the stock\LOL] i ever owned; but that may not help Ford stock price. Not likely TSLA ever replaces a fossil fuels Ford pick up, in quality or sales; even if TSLA stock does better than Ford next 107 years. WE [ banker dad + me ]never bought KingsFord Charcoal NOT a prediction; its a trend comment