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The cuts were allegedly motivated by Tesla's quest to sell as many models 3 as possible in 2018, which included immediate deliveries and warnings regarding the expiration of tax credits. The electric vehicle maker was "delighted" by North American reserve owners willing to pay the existing prices for Model 3, which still costs more than $ 42,000 before incentives – well above the base price of 35 $ 000 promised at the origin. Tesla argued that it was necessary to improve economies of scale to reach this price level and hope to reach the goal by mid-2019, but this could still leave many people without a car for month.
Tesla declined to comment. If the rumor proves true, the panic may not be too serious. The company has managed two profitable quarters in a row following model 3 sales and previous layoffs, and its goal remains to generate a quarterly profit in 2019. It is unclear how much of its current sales revolve around bookings or Las Vegas. installation, from elsewhere. Job deletions may be a sign of a problem, but it is unclear whether this issue would be serious or a brief incident.
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