Tesla restructuring will have substantial impact on its energy division
According to a Reuters report, Tesla CEO Elon Musk’s announcement about the company’s restructuring plans in May 2018 will have a substantial impact on the Tesla Energy division.
In connection with the last-month announcement of plans to restructure Tesla Motors and flatten its management, it was revealed last week by Musk that the move will result in the laying off of nearly 9% of the company’s workforce.
A recent Reuters report has revealed that restructuring by Tesla will deliver a big blow to Tesla Energy, which had already undergone a significant restructuring two years back, when Tesla acquired SolarCity. That restructuring resulted in jobs losses for 20% of SolarCity’s workforce, in an effort to eliminate duplicate positions from the two organizations.
As per the report, the Tesla Energy division will again be hit hard by the latest Tesla restructuring move announced by Musk, because it will apparently lead to the shutdown of 13 or 14 of the company’s 60 solar installation facilities.
Going by an internal company list reviewed by Reuters, the impending closure of 13-14 solar installation facilities will affect the jobs of employees in 9 states in which the closures are targeted. These states include California, Texas, Maryland, New York, New Jersey, New Hampshire, Delaware, Connecticut, and Arizona.
In a move which will enable Tesla Motors to commence the deliveries of its Model 3 Dual Motor and Performance versions to customers, the EPA has recently released its official ratings for the two versions.
Engineering research and consulting firm Munro & Associates has recently revealed that it has completed its teardown and analysis of Tesla’s Model 3 electric car.
The results of a survey conducted by British motoring group AA have revealed that 50% of the youth are eager to own an electric vehicle (EV).
At the Goodwood Festival of Speed event in the UK this week, Swedish technology start-up Einride has unveiled an all-electric and autonomous logging truck called The T-Log.
In a recent announcement, Fiat-Chrysler (FCA) has said that the company is significantly accelerating its electric vehicle (EV) programs, and is “going after Tesla” with their own luxury brands.
In an official press release, electric vehicle maker Tesla Motors has disclosed the exact numbers pertaining to the production and delivery of its electric cars in the April-June 2018 quarter.