Tesla just laid off entire new vehicle team and supercharging team

The issue is that originally earlier this year the Foundation Series wask 120k, the Cyberbeast was 100k. When the Foundation Series was ended Tesla raised the Cyberbeast to 120k and the one under it to 100k. Then add the range extender is delayed till mid 2025 and it was leaked that it will have less capacity and the price is going up significantly. Honestly I've never seen a group of people that have put up with terrible customer service, having to reach out to Musk on X about not one but two Cybertrucks failing, being given a third. Every manufacturer has a lemon but it's like Tesla is trying really hard to crank out a terrible vehicle. Most automotive manufacturers have test drivers for their premium models to put each one through its paces and sign off.
I mentioned the RWD just because that was originally projected to be $40k and it's pretty safe to say that was the majority of the deposits. I never saw Foundation at $120k, but I do recall seeing $100k. Either way everything released was $20k-$30k more than originally projected which is why I could see the RWD being $60k if it does release.
 
I'm not taking sides other then to say that I see Tesla as a nimble company. Able to adjust output which will maintain supply but not so much of it that they have to take a big hit on profitably.

As far as not producing a cheaper version. I'm sure it was.a business decision to maintain and not compromise profit margin. True he miscalculated by promoting a cheaper version but he bailed out when realizing it couldn't be done maintaining a good profit. As a good business person he could care less what the media or public thought about that decision. We have to acknowledge he is a leader and true leaders make decisions not to always cater to public opinion.

Musk seems to be well versed managing businesses and keeping costs in check.
I suspect many look forward to his new endeavors of which we can't discuss here
Alot of the "demand" I think also came from early on when Tesla had for a brief period put the Cybertruck as available for purchase on the European websites. Then after it was found that many European and Scandinavian countries consider it a commercial vehicle due to size and weight tax it much higher, it was pulled.
 
Alot of the "demand" I think also came from early on when Tesla had for a brief period put the Cybertruck as available for purchase on the European websites. Then after it was found that many European and Scandinavian countries consider it a commercial vehicle due to size and weight tax it much higher, it was pulled.
Safe to say competition is heating up. More so in China, but we cant buy BYD cars here or any others. So not a direct threat to Tesla here however it will be interesting the effect of GMs EV rollouts will have on them.

Tesla cutting prices there and holding incentives through the end of the year in China.
They had over a 4% decline in China sales Nov 2024 compared to Nov 2023
We have to acknowledge for a part of the auto industry still very much in its infancy sales declines should not be happening, even more so in a market so dear to Tesla.

Source https://finance.yahoo.com/news/teslas-november-china-ev-sales-132242875.html
 
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