Job cuts have gutted Tesla’s delivery team, say former workers

Job cuts have gutted Tesla’s delivery team, say former workers

Chief executive Elon Musk initially said in 2016 the vehicle would start at $35,000 - which sparked a rush of reservations - but Tesla has yet to actually sell any cars at that price, despite two price cuts already this year.

Tesla Model 3 topped the global EV sales ranking compiled by CleanTechnica and EV Volumes for 2018. This in sharp contrast to the delivery hell that prompted Tesla to call on their fans to volunteer last September after they had finally brought production up to speed reportedly.

However, the Model Y has been confirmed to be the next in line for its SUV series after the Model X. Due to the source of its parts, the Tesla Model Y could be a vehicle in middle of the two types as it could be larger than a sedan but not as large as the Model X SUV.

This will come in addition to the Cabin Overheat Protection, a feature released in 2016 that ensures the cabin temperature does not exceed 40.5°C up to 12 hours after you leave your vehicle. Nonetheless, Tesla has fame for shaking issues up within the markets they enter.

Activision Blizzard lays off hundreds of staff
Since analyst price targets calculations are subjective, there often can be wide range of targets from various analysts. If Activision Blizzard manages to pull off this near-impossible challenge, it will be a miracle.

"The profitability picture for 2019 and the all-important Model 3 demand trajectory in Europe for Tesla looks encouraging for Musk & Co., but there is clearly heavy lifting ahead around Europe logistics/cost-cutting/driving incremental USA demand that will remain overhangs and thus make Tesla a "prove me" story the next few quarters", Wedbush's Ives said.

Musk's stay in Norway was part of a broader trip through Europe that the CEO advertised on Twitter on February 9 as the company is deploying its new Model 3 on the continent after a tumultuous year in 2018. This year is going to be all about who would buy those cars.

"They said, 'Your job is off the table now, we have to get these cars delivered". This is just a month a way, and it is uncertain if Musk himself will be the one to pull the curtains off the new vehicle. There were excellent sales of the model 3 even though there was some stock left over at the end of the year as reported in a recent Digital Journal article.

Musk told a Twitter user that the company is "doing everything we can" to drop the Model 3 base price to $35,000, without credits. Since Tesla is planning to compete with that, the new Tesla Model Y may also be an affordable SUV with the signature touch of Tesla's electric-powered and self-driving technology.

Related Articles