Model S/X Production Hours Reduced (01.23.19)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 24 January 2019
⏱️ 12 minutes
🧾️ Download transcript
Summary
– Tesla responds to a CNBC article confirming that they have reduced production hours for Model S and Model X
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Disclosure: Rob Maurer is long TSLA stock & derivatives
The post Model S/X Production Hours Reduced (01.23.19) appeared first on TechCast Daily.
Transcript
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| 0:00.0 | Hello and welcome to the Wednesday January 23rd 2019 edition of Tesla Daily on |
| 0:12.3 | official Tesla Podcast. |
| 0:14.2 | My name is Rob Maower. |
| 0:15.2 | Today we're talking about reports of Tesla reducing their production time for |
| 0:18.8 | Model S and Model X. |
| 0:20.5 | Tesla stock was pretty volatile on the day to day, finishing down 3.79% to $282.59, as compared to the |
| 0:29.9 | NASDAQ up 0.08%. The big news of the day was a CNBC report on Tesla's recent |
| 0:36.3 | layoffs. A lot of the report centers around terms provided to those that were laid |
| 0:41.1 | off by Tesla, but the most interesting part relates to |
| 0:44.5 | Model S&X where C NBC says about Tesla and the layoffs, quote, deep cuts |
| 0:49.6 | occurred in its sales delivery and model S&X production teams according to current and |
| 0:54.8 | newly laid-off workers. These people also said that Tesla had suspended nighttime |
| 0:59.3 | production of its model S-Sedans and model X SUVs at its Fremont |
| 1:04.0 | California car plans end quote a couple other key parts quote according to an |
| 1:08.4 | ex employee who was involved in Tesla's delivery operations and a current employee |
| 1:12.3 | who works for Tesla in Fremont the layoffs appear to as delivery |
| 1:13.0 | in Fremont, |
| 1:14.0 | the layoffs appear to have impacted workers |
| 1:16.0 | across every department and region |
| 1:18.0 | from factory workers to recruiters and receptionists. |
| 1:21.0 | But deep cuts apparently |
| 1:22.0 | hit Tesla's delivery, sales, and model |
... |
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