Is the Cybertruck killing Tesla? Tesla's only product launch in the last six years has used up tremendous resources and is still not ready for prime time. The Cybertruck is struggling to sell to ardent fans at its current price. Tesla's future is tied to robotaxis that may or may not be put into service this decade. With Chinese competition on the rise, Tesla has a million reasons to be concerned. #ElonMusk is just one of them. #EV #Cybertruck Read more: https://lnkd.in/ggyjBP2F
Edward Lewis?
10 个月
Layoffs have become normalized, but they probably ought not... https://www.dhirubhai.net/pulse/normalizing-layoffs-story-loss-lessons-edward-lewis-e3o8e
Eduardo Rivera
11 个月
The problem is not the cyber truck. The problem is inflation. You have to pay more for everything else, and then you have to make sacrifices in other areas.
Jose Velasquez
11 个月
Tesla fell asleep at the wheel, the last time Tesla announced a "new" car model was in 2019, and now is trying to rush to bring a low-cost model by 2025. in the meantime, BYD, NIO, LUCID etc. are surpassing market expectations and cutting into Tesla's profits. Tesla is becoming old news.
Tom Knutson
11 个月
There is a new 600 Mile Battery coming to market. It will go 250,000 miles in charge time. This battery will change the marketplace. Auto makers will need a new vehicle, new image, new re-tooling. No one will want a 350 mile electric car. You can look up 600 mile battery for more info if you wish. - Tom Knutson - K&K Advertising was the largest ad house in the Mid West.
Electrek.co
11 个月
Thanks for sharing! We exclusively reported yesterday that Tesla was prepping a massive layoff. Now we know “more than 10%” of its global workforce...
Vikas Tiwari
11 个月
Hey, the Cybertruck hype might be a challenge, but Tesla's future looks bright.
Matthew Sinclair
11 个月
I mean he has to pay for Twitter/Tesla Ads some how.
Andrew Corradini
11 个月
Just to address the elephant: given that EV buyers skew blue (e.g. 2023 Gallup poll - 71% GOP "would not consider", vs 21% Dems) -- maybe Musk's public profile & performances, esp. at Twitter/X, is not in the best interest of Tesla's shareholders....? (Or X's stakeholders: there are other people hurt by its share price dropping, e.g. when the CEO tells advertisers to F themselves...). "Any other CEO" etc. ...
Business Leadership and Community Development
11 个月Sad to see companies hiring and firing employees like they are spare parts in vendor managed inventory. #elonmusk and his celebrity (notoriety) may have a small contribution to the companies woes, but EV has been overall a disappointment (strong choice of word), due to infrastructure not keeping up (by far), charging times at EV stations, Range Anxiety and customers (mainly us in the West) still in love with our gas-fired hot rods. Coming back to the Staffing issue: Companies need to have at least 30% flex employees (temp or contract or project based) so that these hire, train, ramp up, then cuts aren't part of the biz strategy or lack off. #tesla Froomira Global