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Morale is lousy at EV startups like Lucid and Rivian. That could be a fatal blow to those who want Tesla.


Happy Monday, readers. Writing to you from a drizzly New York, I’m your host, Jordan Parker Erb.

Today, I want to highlight an enlightening piece from my colleague, Alexa St. John. Over the course of several months, she spoke to dozens of workers at electric vehicle startups like Lucid and Rivianand found that in the midst of a storm of problems, employees were losing faith in the mission.

TLDR: The “so bad” mentality and it only got worse.

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Canoo; Rachel Mendelson / Insider

Insiders say: 1. Morale is “bad” at electric-car startups like Rivian and Lucid. Over the past six months, more than three dozen workers in the electric vehicle startup space told Insider they’re not as optimistic as they used to be – and the low mood could be a fatal blow to the struggle. Tesla wannabes.

  • Once the children of the industry, startups like Lucid and Rivian are facing a myriad of problems: production delays, supply chain crises, and increasing competition from established companies. like Ford and Synthetic engine.
  • According to some employees, low production volumes, manager mistakes and layoffs all put morale in a difficult position. Some workers said their unhappiness led them to leave the industry altogether.
  • It’s sad news for the likes of Rivian, Lucid, Canoo, Xos Trucks, Fiskerand Faraday Future, built on confidence of not only investorsbut also thousands of workers who chose them over legacy automakers or established tech giants.

Here’s everything the startup staff told us.

In other news:

A worker repairs power lines during a power outage after Hurricane Ian passed through the area on September 29, 2022 in Bartow, Florida.  The storm brought high winds, high tides and rain to the area causing heavy damage.

A worker repairs power lines during a power outage after Hurricane Ian passed through the area on September 29, 2022 in Bartow, Florida. The storm brought high winds, high tides and rain to the area causing heavy damage.
Gerardo Mora / Getty Images


2. Elon Musk will deliver 120 Starlink satellites to southwest Florida. After Hurricane Ian, the SpaceX satellite will help restore internet service in areas particularly hard hit by the storm. More on that here.

3. The most powerful women at Meta share their best advice. After longtime COO Sheryl Sandberg left the company, we asked five Meta executives to share their wisdom for women hoping to climb the corporate ladder. From leading with kindness to always being confident, Here are their lessons for up-and-coming leaders.

4. An Amazon analyst said he “dozed off” while watching “Rings of Power”. The TV show, a spin-off of the $1 billion Amazon-produced “Lord of the Rings,” received poor reviews from viewers — and this analyst says his experience has make him even more worried that the project might go bankrupt.

5. Meet the 35 “Shopify Mafia” members who have started their own companies. With Shopify calling itself a “startup,” many of the company’s former employees have become entrepreneurs in their own right, earning their spot in the Shopify Mafia. We’ve outlined some of the most notable entrepreneurs on the team and what they’re up to – See our list here.

6. Ari Emanuel recently pushed for a settlement between Elon Musk and Twitter. Bloomberg reported that Emanuel, Musk’s vacation friend and Hollywood celebrity, tried to broker a potential deal between Twitter and the billionaire Tesla CEO. What we know so far.

7. Inside Google’s last-ditch attempt to save its failing Stadia game service. After several attempts to save it, Google last week announced that it would be shutting down Stadia, its game streaming service. We’ve looked at everything leading up to this point.

8. Insider reporter shares why he regrets buying iPhone 14 Pro Max. Sam Tabahriti bought the phone brand new one day after it was released. After a few weeks of playing with the iPhone, he noticed no big surprises – and wished he hadn’t bought it. He explains why.

Petty, trifling:

A house in the backyard is 540 square meters.

The house in the backyard is 540 square meters with black paint.
Dwell


9. You can have this tiny house that fits in your backyard. If you’re looking to build a guesthouse, rental unit, or gym — and if you have $400,000 to spare — you can now have a 540-square-foot one-bedroom cottage housed in common in your yard. Look inside the small house.

10. Tesla just gave us a fresh look at its humanoid robot. In its first public debut at the company’s AI event, Tesla’s long-awaited AI robotOptimus, waving and dancing for the crowd. Elon Musk says it can do more than that – but he “didn’t want it to fall on its face.” See Optimus here.

What we are watching today:

Stay up to date with the latest tech news of your day by checking Refresh from Insider, A dynamic audio news summary from the Insider newsroom. Listen.

Curated by Jordan Parker Erb in New York. (Feedback or tip? Email jerb@insider.com or tweet @jordanparkererb.) Edited by Hallam Bullock (tweet @hallam_bullock) In London.

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