Is the electric car dream going bust?
Although we are waiting with breath for the day when automakers finally take the chance and go completely electric, it seems that some of the big players involved in making this dream come true have put the brakes on such plans.
Players like Tesla and Apple – who are pioneers in the electric and autonomous racing game – seem to be rethinking their plans. This is a course of action that can track plans both developed and developing to go all electric in the coming decade.
This week alone saw that Tesla and Apple announce the reorganization of their electrical appliance, with Tesla downsizing by as much as 7%, while Apple reduces its electric car project, "Titan" by 200 employees.
According to a report published by CNBC, Apple in a major reorganization of resources has removed 200 employees in the project & # 39; Titan & # 39; and assigned them to different parts of the company. In a statement to CNBC, Apple said: "We have an incredibly talented team dealing with autonomous systems and related technologies at Apple. As the team focuses its work on several key areas for 201[ads1]9, some groups are moving to projects in other parts of the company where they To support machine learning (ML) and other initiatives across Apple. "
As for Tesla, the electric car manufacturer reduces its workforce by as much as 7% – more than 3,000 jobs.
The announcement was made in a post sent to Tesla employees by the company's CEO Elon Musk, who claimed that the decision was taken to make Tesla's electric cars "cheaper". But he didn't stop there as he went ahead and warned his staff about a "difficult road" ahead of them.
In what has already been described as the "most difficult" year of Tesla, Musk's brainchildren have been put under tremendous pressure to limit spending as it faces the burden of missed deadlines and increasing stress on valuation – something that has been hit further of the news of this latest round of work reductions.
Are you lowering? Tesla reduces its workforce by as much as 7% (Photo: Tesla)
Why it's about news
Now this development is quite interesting considering how the electric car Market is still at a very exciting stage – for some, even experimental – and as such it requires all the resources it can get. Nevertheless, for two of their greatest players to retreat, just signaling the dream universe where electric cars replace those driving on fossil fuels may still be beyond what we have been given.
Although there has been great interest and enthusiasm about electric cars all over the world, with countries that our plan to go all electric by 2030 is the fact that the electric car industry lacks the resources to make such dreams come true reality.
Aside from the hundreds of billions that would be needed to upgrade the industry to a size where it can provide the world's largest country with the electric cars it requires, the industry is also struggling to perfect the technology that would make electric and autnomous powered vehicle features .
But such bottlenecks are not all that can cause the electric car's image to crash.
Apart from this, it will also be cautious to realize that the industry, due to the crucial stage it is in, can be set back for decades if one of its driving forces, such as Tesla or Apple, pulls out.
Will the electric car's dream go bust? (Photo: Twitter)
Although a scenario like this might not seem too likely with all the positive talk about these companies, the fact that Tesla inc can be very easily folded if it doesn't get hold of the production problems that are presently causing it – especially as it goes to the production of cheaper Tesla 3 models.
With production, 1. you now need target rate and then smooth out power to achieve target cost. Shipping Cost Model 3 right away, causing Tesla to lose money and die. Need 3 to 6 months after 5k / wk to send $ 35k Tesla & live.
– Elon Musk (@elonmusk) May 21, 2018
However, for Apple, it can only connect to prioritizing its other businesses over the electric car, as the company faces increased threat to the market leader position in the computers and smartphone space.
Why the biggest threat to Tesla is Elon Musk himself
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