Tesla shifts gear from ‘production hell’ to ‘delivery logistics hell’

Irrespective of which hell it is trying to get out of, luxury carmaker Tesla is moving ahead and streamlining issues surrounding its electric car lineup. Shareholders would be particularly thrilled if it latches on to profitability.

In a development that underscores the progress made by luxury carmaker Tesla Inc, its Chief Executive Officer, Elon Musk acknowledged that the issues surrounding the company now are delivery logistics; this is an improvement from its earlier production delays.

Delivery logistics is the latest speed bump to have hit Tesla as it strives to achieve growth and profitability.

“Sorry, we’ve gone from production hell to delivery logistics hell, but this problem is far more tractable. We’re making rapid progress. Should be solved shortly,” tweeted Musk in response to a customer complaint on delivery delay.

The carmaker’s ability to adhere to its production targets has weighed down its shares. Tesla is working on ironing out its production bumps after failing to meet production targets for its Model 3 sedans.

In August, Tesla had stated, it plans on building at least 55,000 Model 3s in the third quarter.

Last week, Musk said, Tesla would streamline its production by eliminating a few color options for its electric car lineup.

Advertisements


Categories: Creativity, Entrepreneurship, HR & Organization, Strategy, Sustainability

Tags: , , , , , , , , , , , , , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: