Tesla lost a $5.5 million 85-car order from a German car rental service due to quality issues

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

Tesla is feeling pressure to produce more vehicles – leading the firm to stretch the limits of its manufacturing practices:

87,048 vehicles and delivered 95,200 more, setting a company record for the number of vehicles produced and delivered in a quarter. However, the pressure to hit these high numbers reportedly caused workers to cut corners, affecting the quality of Tesla's vehicles.

Tesla has already experienced issues delivering vehicles to Europe, which — when coupled with the emergence of local competition — could hurt adoption. Initially, when Tesla began European deliveries, it received bad press overAt the same time, more local automakers are developing and producing EVs that can rival that of Tesla's offerings. Well-established European brands such as BMW, Volkswagen, and Porsche are planning to release a plethora of EVs in the coming years.

These automakers, though new to EVs, have established strong reputations, trust, and extensive networks around Europe over their almost 100-year histories — for comparison Tesla was in 2003 and launched its first car, the Roadster, in 2008. Leaning on this history at a time when Tesla continues to stumble could be enough to shut the US automaker out of capturing any significant market share.Sign up for the Transportation & Logistics Briefing to get it delivered to your inbox 4x a week. >>pass to Business Insider Intelligence and gain immediate access to the Transportation & Logistics Briefing, plus more than 250 other expertly researched reports.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Im a degen gambler but if they are losing money for everything they produce and they have to produce more, what happens?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Apple's video game subscription service will reportedly cost $5 per month when it launches this fallApple's new video game subscription service will work on iPhone, iPad, Apple TV, and Mac, and is expected to launch in September. That's not breathe of the Wild, somethings off Facebook Messenger minigames are clearly better option. SAI i like how you dingleberrys look out for each other 'hey come pay for this service monthly VideoGame subscription ,basically we extort oldvideo games for a $ &fill it with extra bugs it never had,then when we just stale the platform&never provide more content u still get charged'
Source: BusinessInsider - 🏆 729. / 51 Read more »

Britain’s Biggest Pub Chain Greene King Bought by Li Ka-shing’s CK Asset Holdings for $5 BillionHong Kong's richest man Li Ka-Shing's property investment arm has struck a $5.59 billion (£4.6 billion) deal for Britain's largest pub and brewery company by DavidGDawkins DavidGDawkins Doom Doom Bar, man, Doom Doom Bar DavidGDawkins Britain up for sale?
Source: Forbes - 🏆 394. / 53 Read more »

Tesla Is An EV Brand Awareness Juggernaut Compared To CompetitionWhen asked what brands of electric vehicles they were aware of, 81% of consumers responding who said they are considering an electric vehicle purchase named Tesla.
Source: Forbes - 🏆 394. / 53 Read more »

Tesla Is An EV Brand Awareness Juggernaut Compared To CompetitionWhen asked what brands of electric vehicles they were aware of, 81% of consumers responding who said they are considering an electric vehicle purchase named Tesla. elonmusk Cc: elonmusk Elon Musk truly believes that all press is good press.
Source: Forbes - 🏆 394. / 53 Read more »

Tesla is running circles around rivals like Audi and Jaguar, and battery range is only one of the biggest reasons whyTesla's Model X SUV, Model 3 sedan, and Model S sedan have outsold Jaguar's I-Pace SUV and Audi's e-tron SUV this year by a wide margin. Tesla needs a honda discount if I'm ever ganna afford one. Please don't rub it in tshepo_thato and Jaguar is really struggling. Tesla is miles ahead of the competition tesla_truth vincent13031925 ray4tesla finally, BI is starting to recognize that Tesla is doing amazing things 😎🤓
Source: BusinessInsider - 🏆 729. / 51 Read more »

Tesla is offering solar panels to rent from $50 a month, after installations took a massive diveCustomers will be able to rent panels starting from $50 per month in six US states. Musk said it's 'like having a money printer on your roof.'
Source: BusinessInsider - 🏆 729. / 51 Read more »