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Guest Message by DevFuse

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Things are going great at Tesla


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22 replies to this topic

#1 OFFLINE   RichardJensen

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Posted 07 February 2018 - 08:10 PM

Q3 2017:

https://www.reuters....s-idUSKBN1D15TP
 

Tesla Inc (TSLA.O) on Wednesday pushed back its target for volume production on its new Model 3 sedan by about three months, saying it was difficult to predict how long it would take to fix all production bottlenecks.

 

The company also reported its biggest quarterly loss ever, sending shares down nearly 5 percent after hours as the loss was bigger than analysts had expected.

 

The company said it now expects to build 5,000 Model 3s per week by late in the first quarter of 2018 from its original target date of December.

 

 

Q4 2017

www.latimes.com/business/autos/la-fi-hy-tesla-earnings-20180207-story.html

 

Tesla Inc. reported a fourth-quarter loss of $675.4 million, or $4.01 a share, on revenue of $3.29 billion, marking the Palo Alto car company's biggest quarterly loss ever.

The company partly blamed the figure, which was significantly worse than the $121 million it lost in the same quarter last year, on high costs related to the production of its long-awaited Model 3 electric sedan.

 

Tesla on Wednesday advised that production rates of the Model 3 could be 2,500 cars a week by the end of March and 5,000 cars a week at the end of June. Last fall, the company had said it would be producing 5,000 cars a week by the end of 2017.

 

 

But hey, at least they managed to put one in space, right?


Edited by RichardJensen, 07 February 2018 - 08:39 PM.

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#2 OFFLINE   papilgee4evaeva

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Posted 07 February 2018 - 11:33 PM

It's almost like the rich are trying to distract us, or something.


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CURRENT VEHICLES

2007 Infiniti M35x, 126k (mine)

2013 Ford Fusion Titanium, 55K (wife's)

2008 Dodge Grand Caravan SXT, 138K (because kids)

PREVIOUS VEHICLES

2005 Buick Rainier CXL V8, 166K (mine; sold)

1999 Nissan Maxima SE Limited, 188K (wife's; donated)

2001 Pontiac Bonneville SLE, 126K (the Cruise Missile; started getting gremlins, plus we outgrew it)

1996 Nissan Pathfinder SE 4WD, 111-160K+ (stupid odometer) (sold to make room for the Bonnie)
1995 Dodge Intrepid (wife's; almost everything that could go wrong did; towed away stealthily)

FUTURE VEHICLES?

Maybe a truck after some time...?


#3 OFFLINE   bdegrand

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Posted 08 February 2018 - 08:52 AM

I wonder if Ford chose Musk to replace Fields.....how things would have been?

#4 OFFLINE   fordmantpw

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Posted 08 February 2018 - 10:08 AM

Welcome back RJ!  Fitting it was with a Tesla post.  :)


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Future Vehicles
2020 Ford Explorer/Lincoln Aviator

Current Vehicles
'17 F350 Super Duty Crew Cab, Lariat, 4x4, 6.7L Diesel

'10 Mercury Milan

'09 Ford Flex Limited (wife's)

Past Vehicles
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'05 Ford F150 XLT SuperCrew 4x4 5.4 - sold @53k, not a single problem
'03 Ford Escape XLT
(wife's) Traded at 75k for '09 Flex
'99 Ford F150 XLT Regular Cab 4x4 5.4 - Sold @136k, then totaled by the new owner on the way to its new home :(
'96 Chevrolet Cavalier (wife's - she brought it into the marriage)
'86 Ford Bronco II XLT 4x4 5 Speed 2.9L - what a dog, and it cracked heads like no tomorrow. 150k+ on 4 engines


#5 ONLINE   akirby

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Posted 08 February 2018 - 10:21 AM

Sniper........
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#6 OFFLINE   twintornados

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Posted 08 February 2018 - 10:38 AM

It is hard not to like the guy....


Does anyone know where the love of god goes, when the waves turn the minutes to hours....Gordon Lightfoot, "Wreck of the Edmund Fitzgerald"

A government big enough to give you everything you want is a government big enough to take from you everything you have. ~ Gerald Ford - August 12, 1974

#7 OFFLINE   fordmantpw

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Posted 08 February 2018 - 11:21 AM

I wonder if Ford chose Musk to replace Fields.....how things would have been?

 

Ford would be losing billions, but the stock price would be $257 right now.

 

Oh, and I'd be fixing to retire on those stock gains...


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Future Vehicles
2020 Ford Explorer/Lincoln Aviator

Current Vehicles
'17 F350 Super Duty Crew Cab, Lariat, 4x4, 6.7L Diesel

'10 Mercury Milan

'09 Ford Flex Limited (wife's)

Past Vehicles
'08 F250 Super Duty Crew Cab, Lariat, 4x4, 6.4L Diesel
'05 Ford F150 XLT SuperCrew 4x4 5.4 - sold @53k, not a single problem
'03 Ford Escape XLT
(wife's) Traded at 75k for '09 Flex
'99 Ford F150 XLT Regular Cab 4x4 5.4 - Sold @136k, then totaled by the new owner on the way to its new home :(
'96 Chevrolet Cavalier (wife's - she brought it into the marriage)
'86 Ford Bronco II XLT 4x4 5 Speed 2.9L - what a dog, and it cracked heads like no tomorrow. 150k+ on 4 engines


#8 OFFLINE   Ron W.

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Posted 08 February 2018 - 11:21 PM

I can like some of his products and some of what he attempts to accomplish, but I can never  like the fact he's living on government subsidies. AKA OUR tax money.

 

"It's hard not to like the guy"

 

 


Working in automotive since 1973, Ford from June of 1992 to October 2006

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#9 OFFLINE   jpd80

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Posted 09 February 2018 - 02:29 AM

The real questions to ask are, why is is costing so much to increase production and why is it still taking so  long?

 

And anyone still believing Musk's  production timetable has rocks in their head........



#10 OFFLINE   ice-capades

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Posted 10 February 2018 - 07:22 AM

The real questions to ask are, why is is costing so much to increase production and why is it still taking so  long?

 

And anyone still believing Musk's  production timetable has rocks in their head........

 

Ford's manufacturing division can't even accurately forecast how many vehicles they can produce in a given week. Allocation for a scheduling week often results in a notice that the "Plant is Full" and that allocation will roll over to the following week. 


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#11 OFFLINE   Bob Rosadini

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Posted 10 February 2018 - 12:57 PM

It is hard not to like the guy....

Who? Richard or Musk?? :) In any case Richard welcome back!!! I was getting nervous.



#12 OFFLINE   jpd80

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Posted 10 February 2018 - 07:35 PM

 

Ford's manufacturing division can't even accurately forecast how many vehicles they can produce in a given week. Allocation for a scheduling week often results in a notice that the "Plant is Full" and that allocation will roll over to the following week. 

Ford's problem is inadequate production capacity and scheduling,

Tesla's problem is inadequate production.

 

If you were a Tesla dealership, guess what you would be telling your Tesla 3 buyers,

your build number is 325,286, call me January 2020 for a production update....


Edited by jpd80, 10 February 2018 - 07:43 PM.


#13 OFFLINE   YT90SC

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Posted 10 February 2018 - 10:59 PM

WHAT??? Ford doesnt know how to schedule production??? Ya dont say???

Trust me it isn't limited to actual whole units. FCSD is in the worst shape I can remember In the >20 years I've been wrenching- even worse than the Nasser era. Recalls upon recalls upon recalls with parts backorders for all parts (not just FSAs) out of control.

Flipping orange ANTIFREEZE was temporarily backordered in my area this week, in part because of the 1.6 GTDI Fireball ver2.0 recall.  

There is continually part of the 6F35 Party Pack ® on backorder. For about 6 months it was the seal kit. For a while it was converters, now its pumps.

DPoS6 parts are always questionable as to wether you get them since that fiasco began.

Explorer and PIU recall carbon monoxide fix parts are on and off of backorder constantly too. 

And on and on and on.... 

 

Nothing pisses a customer off faster than "Sorry sir or ma'am we have your transmission scattered across a bench but that part won't be available till middle of next month at the earliest". The dealer gets blamed till they actually get mad enough to call the customer no help line. Then they realize that not only is their new vehicle faulty, corporate bumbles things so badly they can't even supply replacement parts in a timely manner. How many of you would be repeat buyers at that point? 


Edited by YT90SC, 10 February 2018 - 11:00 PM.

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Dad always said,"Knowledge is limited but stupidity knows no bounds."

#14 OFFLINE   fordtech1

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Posted 11 February 2018 - 09:24 AM

^^^^^^ ditto! Not to mention the warranty times ford is paying for repairs is laughable at best. Its down right highway robbery. Its like playing at a casino, the cards are always stacked for the house. Good techs are leaving at an alarming rate. Some techs just bitch to bitch and some are just out of touch with reality. But Im telling you these issues are a real problem. Then ford puts out a time study video that is insulting. Micheal B. and Santos just say it is what it is. The corporate side cares very little for service side. The FSEs are now just rotunda tool salesman. The new ones dont even work on cars.
In a nut shell, ford needs to open the purse and fix some of these issues. Get better suppliers, pay reasonable times, and listen to the engineers. Im sure the R&D people have got to be giving feed back to the bean counters but are overruled by the mighty dollar.
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#15 OFFLINE   fuzzymoomoo

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Posted 11 February 2018 - 10:29 AM

^^^^^^ ditto! Not to mention the warranty times ford is paying for repairs is laughable at best. Its down right highway robbery. Its like playing at a casino, the cards are always stacked for the house. Good techs are leaving at an alarming rate. Some techs just bitch to bitch and some are just out of touch with reality. But Im telling you these issues are a real problem. Then ford puts out a time study video that is insulting. Micheal B. and Santos just say it is what it is. The corporate side cares very little for service side. The FSEs are now just rotunda tool salesman. The new ones dont even work on cars.
In a nut shell, ford needs to open the purse and fix some of these issues. Get better suppliers, pay reasonable times, and listen to the engineers. Im sure the R&D people have got to be giving feed back to the bean counters but are overruled by the mighty dollar.

Whats worse is a lot of those issues could very easily be fixed in the Assembly plants, but a lot of times they dont just for the sake of hitting numbers. I see it every day and it really annoys me.
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#16 ONLINE   akirby

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Posted 11 February 2018 - 10:38 AM

Penny wise, pound foolish. It’s ridiculous that this is continuing when Ford is making good profits. Hope Hackett is addressing this.

2018 F150 Supercab XLT Sport (Magnetic) - 3.5LEB
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#17 OFFLINE   fuzzymoomoo

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Posted 11 February 2018 - 10:56 AM

Penny wise, pound foolish. Its ridiculous that this is continuing when Ford is making good profits. Hope Hackett is addressing this.

Personal experience, so far its only gotten worse.
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#18 OFFLINE   Bob Rosadini

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Posted 11 February 2018 - 11:25 AM

Fuel for the fire.  I get an air bag recall notice on my Ranger.  Notice says.."   A repair is available for your vehicle"...Blah blah...."Please call your dealer without delay......."

 

Notice comes in January.  I call dealer..."parts not in-we will call you when in".  I call back the other day after hearing nothing.  5 minutes on hold then ..."sorry, we have one side but not the other-we will call you".

 

Think of the liability ammo this provides the legal profession.  The recall scares the hell out of you, but they are not prepared to respond-as they urge you to do for your safety.

 

And Hackett wants to cut costs.  Loyal Ford guy here who has another sip of Kool-Aid.  

 

Typical buyer however for sure will be listening to those Toyota ads!  No clue that Toyota, Honda or Korea are any different but my bet is they probably are.

 

I think if Mullaly got things on track, they should bring him back for another tour of duty.



#19 OFFLINE   fuzzymoomoo

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Posted 11 February 2018 - 11:32 AM

Fuel for the fire.  I get an air bag recall notice on my Ranger.  Notice says.."   A repair is available for your vehicle"...Blah blah...."Please call your dealer without delay......."
 
Notice comes in January.  I call dealer..."parts not in-we will call you when in".  I call back the other day after hearing nothing.  5 minutes on hold then ..."sorry, we have one side but not the other-we will call you".
 
Think of the liability ammo this provides the legal profession.  The recall scares the hell out of you, but they are not prepared to respond-as they urge you to do for your safety.
 
And Hackett wants to cut costs.  Loyal Ford guy here who has another sip of Kool-Aid.  
 
Typical buyer however for sure will be listening to those Toyota ads!  No clue that Toyota, Honda or Korea are any different but my bet is they probably are.
 
I think if Mullaly got things on track, they should bring him back for another tour of duty.

To be fair, the airbag thing is Takata, not Ford.
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#20 OFFLINE   Bob Rosadini

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Posted 11 February 2018 - 01:08 PM

To be fair, the airbag thing is Takata, not Ford.

Thx-and I guess if I were drafting that recall notice I would have clearly stated.." As soon as our supplier (Takata) addresses our supply requisitions"-or words to that effect.  Put the burden on  Takata where it belongs. IMO

 

Again, I'm a Ford guy and I accept the "shit happens" thing.  The typical unbiased owner however says.."what BS-they tell me I'm in danger but they (FORD) don't have the parts".


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