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Tesla profits nosedive as more job cuts announced
(www.bbc.com)
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this post was submitted on 24 Apr 2024
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Yeah, but that's not really saying anything considering that their production numbers have been awful. They claim that they should be able to reach 125k this year, but there have been reports of them only managing to produce around 80 a day, which is only around 30k a year.
And that was before the recent recalls and qc problems. Stainless steel is just an unforgiving material to work with, it's gonna take them a while to reach mass production while maintaining any kind of quality control measures.
Production numbers are awful, but that's only more reason why laying off workers is a bad move.