Galileo Russell, author at Seeking Alpha, discusses Tesla missing delivery targets for the Model 3 again and what that means for company's goals for 2018. The company set a production target of 2,500 Model 3s a week by the end of Q1. Russell believes that is attainable, given the progress in production made between Q3 and Q4, even though the company missed its delivery target. He discusses Tesla's competition as car companies increase their offerings of electric cars, noting that 2018 is a make-or-break year for the company, especially with the amount of debt coming due.

Share:
More In Business
Nestlé dismisses CEO after he has relationship with a subordinate
Nestlé has dismissed its CEO Laurent Freixe after an investigation into an undisclosed relationship with a direct subordinate. The company announced on Monday that the dismissal was effective immediately. An investigation found that Freixe violated Nestlé’s code of conduct. He had been CEO for a year. Philipp Navratil, a longtime Nestlé executive, will replace him. Chairman Paul Bulcke stated that the decision was necessary to uphold the company’s values and governance. Navratil began his career with Nestlé in 2001 and has held various roles, including CEO of Nestlé's Nespresso division since 2024.
Load More