Seeking Alpha: What Tesla's Delivery Miss Means for its 2018
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.
It's a tough time for the job market. Amid wider economic uncertainty, some analysts have said that businesses are at a “no-hire, no fire” standstill. At the same time, some sizeable layoffs have continued to pile up — raising worker anxieties across sectors. Some companies have pointed to rising operational costs due to U.S.'s new tariffs, while others have redirected money to artificial intelligence investments. Workers in the public sector have also been hit hard. Federal jobs were cut by the thousands earlier this year. And many workers are now going without pay as the U.S. government shutdown has now dragged on for more than a month.
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