Get outta my dreams (and into my car), reader. I’m Diamond Naga Siu, and I don’t like driving but I am in the market for a new ride to go with my new place in San Diego. Buying a car is hard enough as it is, but I’d be even more annoyed if I bought one and then it immediately got a deep discount.
So I can understand why Tesla owners are pretty upset that the company has slashed prices by as much as $13,000. One buyer even told Insider that they felt “bullied” to receive their vehicle delivery early — making them miss out on the discount. Being a Tesla owner sounds pretty rough right now, especially after CEO Elon Musk’s antics dampened its street cred.
Experts caution he needs to soothe investors after the chaotic Twitter takeover. Let’s see how the Tesla earnings call goes today.
But before that, let’s catch up on tech.
1. Salesforce employees demand answers. More than 500 employees wrote a letter to execs, demanding answers about the layoffs. The company appears to have replied in the form of a Q&A titled “Top Questions from Employees.”
- The response spans many topics: layoff approach, selection criteria, alternative approaches, office closures, equality, Slack access, finding new roles internally, immigration support, and other layoff concerns.
- The message, however, did not include whether investors pressured the company to make the cuts. This is currently top-of-mind for employees, who fear a cost-conscious investor is eyeing even more layoffs. My teammate Paayal Zaveri breaks down what the involvement of opinionated investors means for Salesforce.
- One employee who contributed to the letter slammed the Q&A response as a “rehash” of the disastrous post-layoff all-hands earlier this month. Workers want firmer answers from management, and don’t feel like they’re getting them.
In other news:
2. Amazon employees told not to share confidential info with ChatGPT. Leaked Slack messages showed that company lawyers urged employees to not use ChatGPT for work. One lawyer said she’s seen ChatGPT create similar content to internal Amazon data. Check out the directive here.
3. MoviePass CEO is serious about relaunching. Stacy Spikes told Insider that he plans to make the infamous service (in testing since September) available again by the summer. The company is currently working on an unlimited option. Unlike before, it probably won’t be for $10 a month. Inside the MoviePass resurgence.
4. Elon Musk is the ultimate reply guy. The still-new Twitter CEO loves replying to people’s tweets. Population collapse, the “rolling on the floor laughing” emoji, and sparring with the government are popular themes. These are his top replies.
5. Oracle CEO contender abruptly resigns. The engineering head for Oracle Health suddenly resigned from his post, multiple people told my colleague Ashley Stewart. He only held the position for around half a year but has a history of bouncing around roles. More on his sudden departure here.
The layoff files:
6. Twitter is trying to re-recruit some employees it laid off. Multiple laid off Tweeps received an email with the subject line: “Hello from Twitter!” One former employee called this tactic “dirty.” Read more here.
7. Reddit quietly starts layoffs. Current and former employees told Insider that the social media company is shedding employees. Data science, software engineering, community management and other departments were impacted. This is what employees told us.
8. Google is hiring. But this laid off employee won’t be applying. The search engine giant will treat them like external candidates “even after contributing so much to Google,” the former employee said. “That’s the part that hurts the most.” Read the story in their own words here.
Odds and ends:
9. Game-changing electric cars. Insider’s car whiz Tim Levin has tested troves of electric vehicles. The Battista boasts “mind-bending” acceleration, while the R1S has tremendous ruggedness. Here are the others that stand out to him.
10. Cities that could go through an ’08 crash. Experts predict that cities like San Diego and Austin could go through a housing crash, similar to the one in ’08. They also forecast that home prices across the country will slide even further. More on the decline here.
What we’re watching today:
- Quarterly earnings for Tesla, IBM, AT&T, and more. Keep up with earnings here.
- Happy birthday, Alicia Keys! How come you don’t call me? )))):
Curated by Diamond Naga Siu in San Diego. (Feedback or tips? Email email@example.com or tweet @diamondnagasiu) Edited by Matt Weinberger (tweet @gamoid) in San Francisco and Hallam Bullock (tweet @hallam_bullock) in London.