Tesla Model 3 | Tesla seeks $1.5 billion junk bonds issue to fund Model 3 production

NorthStar

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The latest news on electric car maker Tesla:

• Model 3 - War Between Skeptics And Supporters (October 14, 2017):
? https://www.forbes.com/sites/brooke...between-skeptics-and-supporters/#1fb46db0791b

Total Recall - 11,000 Model X SUVs (October 13, 2017):
? http://www.msn.com/en-us/news/other/tesla-to-recall-11000-model-x-suvs/vp-AAtmT3x
? http://www.businessinsider.com/tesla-recall-model-x-suv-dont-worry-2017-10

• 2.7 Trillion Reasons Why Tesla Won’t Rule The World (October 15, 2017):
? http://www.zerohedge.com/news/2017-10-14/there-are-27-trillion-reasons-why-tesla-wont-rule-world

• Tesla’s New Car Smell (October 16, 2017):
? https://mondaynote.com/teslas-new-car-smell-315c72c955d3

 
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NorthStar

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The view, from Tesla's employees own:
https://www.cnbc.com/2017/10/17/tesla-firings-former-and-current-employees-allege-layoffs.html

Tesla's stock I own, they always climb no matter what; good news, bad reality...this is the continent I live on, the space around me, the way things work.
Warren Buffett and Microsoft Bill Gates and Apple and Amazon and Elon Musk... they all have something in common; @ the service of technological advancements through solid international methods.

It might be tough @ first, but in the long run we all gain eventually.
_____

Extra (competition):

- Polestar, Volvo's electric car, first model:
http://www.ctvnews.ca/autos/volvo-s-electric-car-brand-polestar-unveils-first-model-1.3635420

- Nissan, electric crossover (Tokyo auto show):
https://www.autoblog.com/2017/10/17/nissan-reveal-electric-crossover-tokyo-motor-show/
 
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Empirical Audio

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Oct 12, 2017
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This just came up this morning:
https://arstechnica.com/cars/2017/10/tesla-fires-hundreds-of-workers/

"The firings come at a challenging time for the company. Tesla is trying to ramp up production on its mass-market Model 3 car, and CEO Elon Musk had hoped to produce about 1,600 cars for the third quarter. The company produced 260 vehicles instead. Recent reports indicate that Tesla has been forced to produce some parts by hand, slowing the overall assembly process to a crawl."

Hard times for Elon Musk; with the firing of 400 to 700 employees he must find a talented and fast and efficient workforce if he wants to meet production figures and projected deadlines. ...Not an easy task for Mr. Musk when factory lines aren't fulfilled with the right workers and accommodations. More investors are required to pour money on building instead of talking future projections.

The best companies are doing the right things, not talking about them. IMO

I suspect there are a lot of amateurs hired by Tesla. Their showroom floors are staffed with 20-somethings that don't know enough and are not familiar with dealing with the public. There are a few good people in the service departments, but I think they have a hard time finding good people. I think every business in the US has this problem frankly. Even I have a hard time finding good people.

Tesla, being a new risky company I think puts a lot of people off, professionals. They want a career, not a job.

Steve N.
 

Empirical Audio

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NorthStar

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I suspect there are a lot of amateurs hired by Tesla. Their showroom floors are staffed with 20-somethings that don't know enough and are not familiar with dealing with the public. There are a few good people in the service departments, but I think they have a hard time finding good people. I think every business in the US has this problem frankly. Even I have a hard time finding good people.

Tesla, being a new risky company I think puts a lot of people off, professionals. They want a career, not a job.

Steve N.

Steve, I have read few about this, and Tesla is a normal company, with their ups and downs, like anyone else.
I agree with what you just said; it's not easy to hire a solid crew of experienced car people with great teachers too.

It's awesome to have some of the best and greatest ideas, but it's not easy to put them in practice when you need thousands and thousands of reliable workers.
It's the people working all together and supporting each other and educating each other, during tough and good times, that makes the force of a good solid company.

In cars as in audio as in business as in relationships as anything/everything else in life, all things counts as important.
___

* I post all the latest car manufacturers who are gearing more and more towards electric cars because competition is best for everyone.
Without competition how could we advance exponentially with veracity.
 

Empirical Audio

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Oct 12, 2017
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Steve, I have read few about this, and Tesla is a normal company, with their ups and downs, like anyone else.
I agree with what you just said; it's not easy to hire a solid crew of experienced car people with great teachers too.

It's awesome to have some of the best and greatest ideas, but it's not easy to put them in practice when you need thousands and thousands of reliable workers.
It's the people working all together and supporting each other and educating each other, during tough and good times, that makes the force of a good solid company.

In cars as in audio as in business as in relationships as anything/everything else in life, all things counts as important.
___

* I post all the latest car manufacturers who are gearing more and more towards electric cars because competition is best for everyone.
Without competition how could we advance exponentially with veracity.

I know that Elon fired a lot of folks because of the disappointing model 3 manufacturing output recently. I think it will take time for the company to mature and build a good workforce.

Steve N.
 

NorthStar

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NorthStar

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It is ironic to say the least.

"Meanwhile, local advertisements imply that Tesla is seeking contract laborers who will start at much lower hourly rates and not receive health benefits...you know the benefits that Silicon Valley elites like Elon Musk demand that other companies must provide."
 

NorthStar

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Empirical Audio

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This just came out today:

Elon Musk fighting Consumer reports? ...Over Model 3's reliability score:
http://fortune.com/2017/10/22/tesla-consumer-reports-model-3/

Consumer Reports defending its report on Model 3 car's reliability:
https://www.usatoday.com/story/mone...jects-teslas-criticism-its-ratings/788011001/
___

It is worth reading those two short articles to have a balanced perspective.

Safety is as important or more important than reliability. Most modern cars are very reliable compared to cars 20 years ago. There are exceptions, like Jeep that have very poor repair records.

I don't know much about Model 3, but the Model S is the safest car on the road based on what I have read. I have seen a number of head-ons reported where the other car is totaled and driver dead and the Tesla driver gets out and walks away. Most Tesla fatalities are kids driving recklessly over 100MPH. Some of them have gone airborne for 50 feet.

Steve N.
Empirical Audio
 

NorthStar

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Is safety part of reliability Steve? ...Say for cars here, like an electric car for example.

I just reported two links of two articles released today, on the Model 3.
Other Tesla Model cars had great reports in the past, like mentioned in the articles here.

I mentioned "balanced perspective" in my above post; that would include the latest report on the Model 3, and also other related reports about production issues, recent firing of their workforce in the USA, their other models too...including Model S.

I like Elon Musk, I like his push towards the future of electric cars, I like the influence he has on other car manufacturers all across the globe. Tesla is number one when it comes to electric cars in the world.
 
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Empirical Audio

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Is safety part of reliability Steve?

Safety is all about air-bags, front and side collisions, survivability etc..

Reliability is how often it breaks down or needs repair.

Steve N.
 

NorthStar

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Safety is all about air-bags, front and side collisions, survivability etc..

Reliability is how often it breaks down or needs repair.

Steve N.

I know Steve; I asked the question in a realistic human protection sense.
Simply meaning that we generally attach car's reliability with safety, and vice versa.
_____

Great reading, and very recent...just few days ago:

https://www.forbes.com/sites/bertel...explode-in-all-the-wrong-places/#e8699974a242
https://www.nytimes.com/2015/10/17/...l-for-encouraging-sales-of-electric-cars.html

I really like what Norway is doing right now and the exemplary beneficial influence they're having on the rest of the world, on people's health, on applying forward @ great paste what's best for humans and their environment.
That is my true sincere opinion and I highly commend them.
I am all for electric cars in the overall grand strategy of a better future.
By the year 2040, rest in peace Bob (me), it would be healthier breathing in our large cities from more electric cars.
___

And older article from last month:
https://www.cnbc.com/2017/09/12/electric-cars-jaguar-land-rover-and-ford-take-fight-to-tesla.html
 
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NorthStar

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Extra; The Boring Company ...
https://arstechnica.com/cars/2017/1...pany-is-digging-a-10-mile-tunnel-in-maryland/

It's a funny name for a company, and right now you can purchase baseball hats with their logo on front, and other products of that sort. It is amusing more than anything...

In California they have approval to build a two-mile long tunnel as an experimental underground driving facility.
_____

 
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