Categories LATEST, Technology

Tesla looks to tackle production woes with lesser paint options

Tesla (TSLA) regained some lost ground this week, ending yet another phase of value erosion, after investors responded positively to CEO Elon Musk’s fresh claims the company will turn profitable in the third quarter. Adding to the bullish sentiment, Tesla also got a rating upgrade.

Musk is once again busy devising new strategies to improve operational efficiency, especially the production of Model 3. Hardly a week after stirring a fresh controversy for smoking marijuana and drinking whiskey during a media interview, Musk Tuesday announced plans to slash the color options, ‘obsidian black’ and ‘metallic silver’, for its luxury electric cars in an effort to simplify manufacturing.

The two paint options will be removed from the company’s menu with immediate effect, limiting the number of available options to five. However, customers willing to pay a premium can still make a special request for ‘obsidian black’ and ‘metallic silver’.

The two paint options will be removed from the company’s menu with immediate effect, limiting the number of available options to five

For Tesla, meeting the weekly production target of 5,000 units for Model 3 is very crucial. While ditching the color options is a convenient step towards minimizing delays, an earlier decision to do away with a brake test in the final stage of production did not go well with the stakeholders, and many raised safety concerns.

Tesla loses its CAO second time this year

Experts believe the current quarter will be an important period in Tesla’s history, considering the mixed response it is receiving from the market. There is a great deal of optimism among investors over the repeated assurances on profitability, though they come at a time Musk’s leadership is under severe criticism. There is also skepticism over his ability to steer through the current challenges and achieve the production targets.

The latest of the series of bizarre actions from Musk cost Tesla two senior executives – Chief People Officer Gaby Toledano and Chief Account Officer Dave Morton stepped down earlier this month. The company lost more than 40 executives so far this year, including the recent exit of communications VP Sarah O’Brien.

Top 11 Tesla Model 3 contenders

Tesla shares have been in a free fall since the first week of August and lost sharply last week following Musk’s controversial media interview. Though trading started on a positive note this week, marked by some strong gains, the stock dropped about 2% in premarket trading Tuesday.

Most Popular

CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%

Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss

Key metrics from Nike’s (NKE) Q2 2025 earnings results

NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net

FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips

Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,

Comments

  1. Pingback: Reba Fleurantin
  2. Pingback: Medication safety
  3. Pingback: Spectrophotometer
  4. Pingback: Dental anatomy
  5. Pingback: MSc in pharmacy
  6. Pingback: MSc in pharmacy
  7. Pingback: education system
  8. Pingback: Biochemistry
  9. Pingback: Social Activities
  10. Pingback: IT Careers
  11. Pingback: Alumni network
  12. Pingback: Fiverr Earn
  13. Pingback: Fiverr Earn
  14. Pingback: Fiverr Earn
  15. Pingback: fiverrearn.com
  16. Pingback: fiverrearn.com
  17. Pingback: fiverrearn.com
  18. Pingback: flatbed broker
  19. Pingback: quietum plus
  20. Pingback: fiverrearn.com
  21. Pingback: bernedoodle
  22. Pingback: exotic bully
  23. Pingback: swimsuit
  24. Pingback: mini frenchie
  25. Pingback: clima hoy new york
  26. Pingback: Fiverr
  27. Pingback: FUE
  28. Pingback: FUE
  29. Pingback: Packing materials
  30. Pingback: Interstate moving
  31. Pingback: Classic Books 500
  32. Pingback: FiverrEarn
  33. Pingback: FiverrEarn
  34. Pingback: Streamer
  35. Pingback: FiverrEarn
  36. Pingback: FiverrEarn
  37. Pingback: FiverrEarn
  38. Pingback: pupuk cair
  39. Pingback: partners
  40. Pingback: Governance
  41. Pingback: Football
  42. Pingback: FiverrEarn
  43. Pingback: live sex cams
  44. Pingback: live sex cams
  45. Pingback: FiverrEarn
  46. Pingback: FiverrEarn
  47. Pingback: FiverrEarn
  48. Pingback: FiverrEarn
  49. Pingback: FiverrEarn
  50. Pingback: FiverrEarn
  51. Pingback: FiverrEarn
  52. Pingback: agriculture
  53. Pingback: garden
  54. Pingback: Kuliah Termurah
  55. Pingback: java burn scam
  56. Pingback: cheap sex cams
  57. Pingback: fullersears.com
  58. Pingback: fullersears.com
  59. Pingback: live sex cams
  60. Pingback: rare breed-trigger
  61. Pingback: 늑대닷컴
  62. Pingback: Hold and win slot
  63. Pingback: One Peace AMV
  64. Pingback: allgame
  65. Pingback: 918kiss
  66. Pingback: หวย24
  67. Pingback: pg slot
  68. Pingback: AI Lawyer
  69. Pingback: electronic visa
  70. Pingback: SaaS Lawyer
  71. Pingback: itsMasum.Com
  72. Pingback: masumintl
  73. Pingback: itme.xyz
  74. Pingback: itme.xyz
  75. Pingback: MasumINTL.Com
  76. Pingback: itme.xyz
  77. Pingback: FB URL Shortener
  78. Pingback: itme.xyz
  79. Pingback: Bulk URL Shortener
  80. Pingback: FB URL Shortener
  81. Pingback: masumintl.com
  82. Pingback: itme.xyz

Comments are closed.

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top