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Tesla posts big loss, cuts production of Models X and S to catch up on Model 3

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Re: Tesla posts big loss, cuts production of Models X and S to catch up on Model 3

#121

Post by dilemma »

rconti wrote: post #119
williamscales wrote: post #10

Earlier quoted context omitted.

"key elements" of the battery module assembly had to be taken over and redesigned, Musk says. Tesla seems to be taking the opposite approach to Apple here. In my observation, Apple drives its suppliers extremely hard to achieve the quality it requires. Tesla, on the other hand, is too eager to bring any sundry part in house (e.g. car seats). Apple's approach appears to work in that it pushes suppliers to do what's ne…

Wendover Productions recently did a Youtube episode on Elon Musk that was citing doing things in-house as a way to keep costs low. Seemed a bit counter-intuitive, but they had some interesting numbers.

If you're not good at it, doing things in-house can be multiples more expensive than buying from the market.

Re: Tesla posts big loss, cuts production of Models X and S to catch up on Model 3

#122

Post by rconti »

ben_jones wrote: post #67

If Tesla goes under what happens to long term support for their cars? Don't Tesla owners depend on a lot of Tesla services? Subsidized charging stations, sending it in for maintenance, etc.?

I'd be less worried about repairs than about electronics. No more OTA updates, can't track charging status on your phone anymore, etc etc. I wonder if any major functionality/drivability is lost if they totally go dark.

Re: Tesla posts big loss, cuts production of Models X and S to catch up on Model 3

#123

Post by sctb »

asdfasdfasd333 wrote: post #87
ericabiz wrote: post #28

SeekingAlpha predicted this a few weeks ago: https://seekingalpha.com/article/4114125-will-tesla-zero-mon... "Leading up to the end of September, we saw new-high Model 3 VIN numbers in the wild almost every other day, culminating in number 521. But since the beginning of October, nothing. I can’t find a single one above 521 with VIN picture evidence on any forum. It’s unlikely to end up this way, but the sole evidenc…

lol at quoting seeking alpha.

You've been posting mostly unsubstantive comments, which are against the site guidelines: https://news.ycombinator.com/newsguidelines.html. We ban accounts that do this, so please stop.

Re: Tesla posts big loss, cuts production of Models X and S to catch up on Model 3

#124

Post by mcbrit »

Someone wrote: post #32
chollida1 wrote: post #3

Since this came out as part of the Tesla earnings, here's my recap from their earnings release and call.... - Tesla will be late getting up to 5,000 units a week of Model 3. It will happen at the end of Q1 instead of the end of this year. The bottleneck is batteries. - Some lines are at only 500 cars a week. Namely the battery pack assembly, body shop welding and final vehicle assembly. - The $2.92 a share loss was m…

”Some lines are at only 500 cars a week.” That sounds better than what Tesla claims. http://files.shareholder.com/downloads/ABEA-4CW8X0/549293785... (emphasis added): ”Other lines, such as battery pack assembly, body shop welding and final vehicle assembly, have demonstrated burst builds of about 500 units per week and are ramping up quickly.” If you can do burst runs of 15 km/hour, that doesn’t mean you can run a th…

"If you can do burst runs of 15 km/hour, that doesn’t mean you can run a three hour marathon."

Once you're in 3 hour marathon territory, what you can do for 1 mile is a lot more relevant to what you can do for 26.2 miles than you might think. One of the tent poles of effective marathon/half marathon training is to make your race pace into a drumbeat. You want to feel your race pace in your bones. Very effective workouts look like: take your marathon race pace, and run 5 minutes easy/5 minutes hard (~race pace) for 60, or 10 easy/10 hard for 80.

Tesla is talking about burst builds that last for a week. That sounds like very effective training that will prepare them for race day.

Re: Tesla posts big loss, cuts production of Models X and S to catch up on Model 3

#125

Post by antiviral »

So this is the real reason that they had those 'performance-based' layoffs. If you need to fire a certain number of employees, just give bad performance evaluations to those people and fire 'for cause.'

As a company, Tesla can use whatever nonsensical management techniques they want. But firing people 'for cause' will unreasonably hurt otherwise productive people in their future careers. And it will make future candidates far more wary to ever want to work there.

Re: Tesla posts big loss, cuts production of Models X and S to catch up on Model 3

#126

Post by kbenson »

chollida1 wrote: post #3

Since this came out as part of the Tesla earnings, here's my recap from their earnings release and call.... - Tesla will be late getting up to 5,000 units a week of Model 3. It will happen at the end of Q1 instead of the end of this year. The bottleneck is batteries. - Some lines are at only 500 cars a week. Namely the battery pack assembly, body shop welding and final vehicle assembly. - The $2.92 a share loss was m…

I don't want to be that guy, but there are specific Unicode characters for opening and closing quotes now, so we don't need to deal with the weird usage imposed by limited typesets anymore.[1] For some reason, the two separate backtick characters are really bugging me visually. That's all I wanted to say. Thanks in advance for bearing gracefully with my nitpicking, letting me express that makes me feel better.

1: https://english.stackexchange.com/questions/17695/any-refere...

Re: Tesla posts big loss, cuts production of Models X and S to catch up on Model 3

#127

Post by calvinbhai »

sumitgt wrote: post #5

Out of curiosity, has anyone who paid the $1000 to get in line for a Model 3 actually heard back from Tesla? I've never received any communication about timelines at all.

not after the initial few updates. But I guess I never intended to hear back until early next year since I'm so far back in line. I don't know what updates they can give without triggering a +/- ve over reaction in the markets.

FWIW, Tesla stock price and the related predictions follow a sinusoidal pattern. When the stock goes high, doomsday predictions pull it low, and when it hits the bottom, all rosy predictions start flooding the news cycle.

When Model3 was announced, first deliveries were announced to be end of 2017, and from that POV, Tesla has already over delivered. I think most reactions that Tesla is under performing is based on the stock price, and the respective P/E value.

Re: Tesla posts big loss, cuts production of Models X and S to catch up on Model 3

#128

Post by shpx »

kemiller wrote: post #24
nik736 wrote: post #7

Earlier quoted context omitted.

Me neither. Also, I am trying to get my $1000 back for 2 months now since it probably would take around 2 years until I get my Model 3. They are delaying and delaying the payout, so instead of me becoming a Tesla customer I am hating them more from day to day.

I got mine back fairly quickly, for what it's worth.

I canceled my pre order on June 29 and got the money from paypal on August 18.

Re: Tesla posts big loss, cuts production of Models X and S to catch up on Model 3

#129

Post by crush-n-spread »

antiviral wrote: post #125

So this is the real reason that they had those 'performance-based' layoffs. If you need to fire a certain number of employees, just give bad performance evaluations to those people and fire 'for cause.' As a company, Tesla can use whatever nonsensical management techniques they want. But firing people 'for cause' will unreasonably hurt otherwise productive people in their future careers. And it will make future candi…

I listened to the whole earnings call that just happened, Elon said they had laid of 2% of their work force which is much low than industry standard for yearly layoffs.

Elon quoted GE which lays of the bottom 10% of their staff every year. It's not that bad.

Re: Tesla posts big loss, cuts production of Models X and S to catch up on Model 3

#130

Post by roomey »

revelation wrote: post #34
ericabiz wrote: post #28

SeekingAlpha predicted this a few weeks ago: https://seekingalpha.com/article/4114125-will-tesla-zero-mon... "Leading up to the end of September, we saw new-high Model 3 VIN numbers in the wild almost every other day, culminating in number 521. But since the beginning of October, nothing. I can’t find a single one above 521 with VIN picture evidence on any forum. It’s unlikely to end up this way, but the sole evidenc…

One or another amateur writer on that site predicts the bankruptcy of Tesla every other week. Even a stopped clock is right once a day.

Ñl
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