Job Cuts -- March 28, 2023

Crocodile tears for all those Disney cuts.

• reality: put 223 Disney employees in an auditorium, and seven will lose their jobs
• reality: put 100 Disney employees in an auditorium, and three will lose their jobs
• my hunch: about that many would leave Disney every year; this "drastic" action simply makes it happen more quickly

Meanwhile, Lucid, link here:

Shares in LCID fell 7.25% today.

RIVN: fell 2.63% today.

ARVL: down 8% today.

RIDE: down half a percent today; trading at 65 cents; when we had all that "free money" in late 2020, RIDE was trending toward $30 / share.

EV scorecard here.

• Scorecard changed, November 22, 2021.
  

• EV scorecard just a few days ago, link here:
  

• Rivian -- Amazon -- Ford -- GlobalFoundries
  
• Lordstown -- Apple -- GM -- silicon M1 chip (GM currently depends on seven chip manufacturers)
  
• Tesla -- chips (?)

•  Also:

• Lordstown -- Apple -- GM (sells entire stake) -- silicon M1 chip (GM currently depends on seven chip manufacturers)
• Lordstown -- Foxconn -- Endurance pickup -- added July 4, 2022