Citing California Employment Development Department data, Mercury News reported that this brings the total number of layoffs at the Fremont factory to 883 this month.
“It’s exceeding our expectations. We have customers that aren’t patient and want their car tomorrow, so we’re doing the occasional Saturday shift to meet demand.”
A new report says that about 1,000 healthcare workers have lost their licenses to practice in Florida due to their inability to pay off their student debt.
“More jobs are being created in this space than in any other space in North America, with salaries sometimes more competitive than other industries. With every new state that legalizes, tons of jobs are opening up.”
The customs authority in Shanghai reportedly found "various irregularities" in 1,600 imported Model 3 vehicles, including improper labeling of the vehicles. As a result, customs has told Tesla not to sell or use Model 3 vehicles that have already been cleared in the country.
Billions in capital was invested in shale based on optimistic estimates that the industry can't keep pace with. And shale companies look to be all out of "quick fixes".
New Tesla owners have seen their vehicles depreciate by stunning amounts (sometimes overnight) as the company races to spur demand, which has been waning, through aggressive price cuts.