Global  

“News neutrality by unbiased coverage”
One News Page
> >

Tesla in Trouble - As Musk Ditches Robot Support

One News Page Staff Wednesday, 18 April 2018
Tesla in Trouble - As Musk Ditches Robot Supportby 👨‍💻 Graham Pierrepoint

Tesla is just one of many strings that Elon Musk has to his bow – and while the pioneering vehicle manufacturer wants to try and change the vehicular world for the better in many ways, it has been struggling in recent history to try and turn around a reliable profit. Following an April Fool joke played by Musk with regard to his own bankruptcy and the future of Tesla, many are genuinely concerned about what will happen to the firm in the near future – and news that a big production line is being shut down for a short period means mixed news all round – while it could mean that the firm picks up the pace on certain production, some staff have been caught off-guard.

Production on the Tesla Model 3 has been ceased temporarily largely thanks to what Musk has referred to as ‘manufacturing hell’ as a result of ‘excessive automation’ – it’s thought that the line will pause for up to five days to allow for said automation and processes to get back up to speed. “These periods are used to improve automation and systematically address bottlenecks in order to increase production rates,” a spokesperson has advised.

Tesla Temporarily Halts Production of Model 3
Watch: Tesla Temporarily Halts Production of Model 3

Some staff on the line, however, have advised that the news came as a surprise – with some having to take vacation time in light of the temporary changes being brought into effect. The news that Tesla is needing to take time away from the production schedule comes as it is suggested that the firm is missing targets it has set for itself – with Musk’s enterprise aiming to build up to 2500 cars per week – with around 2000 per week being met instead. Musk, however, has remained open about the ups and downs that Tesla has faced and stays positive about the future – claiming that he expects to see the firm become profitable by the end of 2018 without the need for external financing.

Confidence in Musk may be high, though in Tesla, it is mixed. Following delays on the production line and in the delivery schedule, this is a brand which is in dire need of turning its fortunes around sooner rather than later – perhaps a brief pause to the Model 3’s production schedule is one which will help the car giant reach its goals in the months to come – let’s review in the third and fourth quarters!

0
shares
ShareTweetSavePostSend
 
Credit: Wochit News - Published < > Embed
News video: Tesla Spikes After Musk Ramps Up Model 3 Production Goal

▶ Tesla Spikes After Musk Ramps Up Model 3 Production Goal 00:47

Tesla CEO Elon Musk reportedly wrote a letter to employees saying the company would target the production of 6,000 Model 3s a week by the end of June. Shares of the electric-car maker were up more than 2% ahead of Wednesday's opening bell. Shares of Tesla were rallying early Wednesday, trading up...

You Might Like


Recent related videos from verified sources

Why Elon Musk Should Be The Unlikely Savior Of Lordstown, Ohio [Video]Why Elon Musk Should Be The Unlikely Savior Of Lordstown, Ohio 00:53

GM announced it is likely to shutter three of its factories soon. One is in Lordstown, Ohio. At the same time, Tesla founder Elon Musk is struggling to keep up with demand for his electric..

Credit: Wochit - Published

Tesla Model 3 Performance Update [Video]Tesla Model 3 Performance Update 00:44

Citing an email to employees from company CEO Elon Musk, automotive website Electrek reported on Friday that Tesla Inc. met its production target of 1,000 Model 3 cars per day. The car was introduced..

Credit: Wochit Business - Published

Elon Musk Talks Nintendo/'Mario Kart' Partnership With Tesla [Video]Elon Musk Talks Nintendo/'Mario Kart' Partnership With Tesla 00:42

Comicbook.com has some interesting news for gamers and Elon Musk fans. The Tesla CEO has tweeted about gaming so much this year Twitter banned his account, because they reportedly thought that he was..

Credit: Wochit - Published

Upcoming Tesla Features Are Straight Out of a 'James Bond' Movie [Video]Upcoming Tesla Features Are Straight Out of a 'James Bond' Movie 00:49

Elon Musk has been tweeting about new features for Tesla vehicles and they're insane. Buzz60's Tony Spitz has the details.

Credit: Buzz60 - Published

Elon Musk Says Tesla's Summoning Option Will Expand Its Distance In A Few Years [Video]Elon Musk Says Tesla's Summoning Option Will Expand Its Distance In A Few Years 00:32

Tesla CEO Elon Musk said owners will be able to summon their cars with their phones “from across the continent.” He said right now you can only do it from a short distance but in a few years that..

Credit: Wochit - Published

Thieves steal expensive £80,000 Tesla just 60 secs [Video]Thieves steal expensive £80,000 Tesla just 60 secs 01:41

A disabled man handed police footprint evidence and CCTV of thieves stealing his £80,000 Tesla only to be told there was "not enough evidence" to help find the culprits. Keyless car crooks took just..

Credit: SWNS STUDIO - Published

Musk’s Boring Company Suffers Setback [Video]Musk’s Boring Company Suffers Setback 00:43

Elon Musk has a dream of ending gridlock on city streets by way of a subterranean transit system that uses electric “sleds” to move vehicles and people around at speeds of up to 150 mph. But it..

Credit: Wochit Tech - Published

Elon Musk Scraps Plans For West LA Tunnel [Video]Elon Musk Scraps Plans For West LA Tunnel 00:32

Reuters reports Billionaire entrepreneur Elon Musk has scrapped plans for a high-speed passenger tunnel under the West side of Los Angeles but is moving ahead with a similar proposal across town..

Credit: Wochit Tech - Published


Recent related news from verified sources

Why so many people think Elon Musk is a hero — or a villain

Why so many people think Elon Musk is a hero — or a villain
The overwhelming newsflow that comes along with Elon Musk and his companies is perhaps most apparent to me when I come back from a vacation. And it’s weird to...
The Verge - Technology

Tesla chief Elon Musk says he has a 70% chance of moving to Mars

Elon Musk, the chief executive of electric car-maker Tesla Inc (NASDAQ:TSLA), has given himself a 70% chance of moving to Mars. Musk, who also heads up private...
Proactive Investors - Business

Elon Musk: Tesla was weeks away from failure

Tesla’s decision to rapidly ramp up production of the Model 3 sedan nearly pushed the company to the brink of failure, CEO Elon Musk said in a new interview...
bizjournals - BusinessAlso reported by •The News Articles

Elon Musk Tried to Bring “Mario Kart” to Your Tesla Model 3

Elon Musk Tried to Bring “Mario Kart” to Your Tesla Model 3
Tesla Kart You know what’s really missing from your $35,000 Tesla Model 3? More video games. That’s at least what Elon Musk thinks, anyway. In a tweet...
Futurism - Science


Tweets about this


Other recent news in Business

MAY PRESSES ON WITH BREXIT PLAN AFTER ANOTHER MINISTER QUITSGLOBAL RETIREMENT CRISIS IS MAIN THREAT TO INVESTMENT INDUSTRY, warn chiefs
SAUDI CROWN Prince meets Russia's President Putin; discusses oil market rebalancingVideo: PRIYANKA CHOPRA marries Nick Jonas in Jodhpur
•More original news reports from One News Page
Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2018 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Contact us  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest