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Tesla

Tesla’s Latest Move: Cutting 7% of Its Workforce

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Elon Musk and Tesla are making headlines yet again with Musk recently sending a letter to employees notifying them that their jobs might be in jeopardy. Ryan Browne of CNBC reported that Musk’s letter stated bluntly that other than cutting 7% of jobs, “there isn’t any other way” to reach Tesla’s goal of making its […]
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Model 3

Tesla Launches Direct Delivery Initiative To Answer Model 3 Demand

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It’s no secret that Tesla has been having difficulty meeting the production and delivery demands for its Model 3 customer reservations, which prompted industry experts to question Tesla’s longevity earlier these year. While the production crisis appears to be under control for the time being, some customers have received new notifications that the delivery of their car has […]
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Tesla

Tesla Workers Asked to Prove ‘Haters’ Wrong

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In a pair of internal memos last week from the heads of engineering and production at Tesla, assembly workers have been asked to ramp up Model 3 production to prove ‘haters’ wrong. Doug Field, the chief of engineering at Tesla, is one of the department heads to issue the challenge. The memos detailed how Model […]
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Tesla

What’s Up with Tesla? – $619 Million Loss Reported in The...

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Brené Brown, a research professor at the University of Houston Graduate School of Social Work, once said “There is no innovation and creativity without failure. Period.” This week’s Q3 earnings report from Tesla adds credibility to this quote. On September 30, the company saw a record $619 million loss for the previous three months. The […]
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Tesla

Taking a Tip from Tesla – Build Hype and Take Deposits...

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On July 28th, the first 30 customers received delivery of their Tesla Model 3. It’s a model of success for the beleaguered electric car company, and one from which the automotive sales industry can learn. The initial announcement arrived with huge fanfare, and in the first three days alone, more than 276,000 deposits were placed […]
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newscast

Go from selling 11-12 cars a month to 17-20 | Taking...

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How to go from selling 11-12 cars a month to 17-20 The average salesperson sells about 11-12 cars a month. Whether you're hearing that stat...