3 ms·

But it seems to be working, right? Tesla has been hitting their goals, and the stock price has been going up. Musk's bizarre behavior is concerning, but his or

by shawn 8y ago

But it seems to be working, right? Tesla has been hitting their goals, and the stock price has been going up. Musk's bizarre behavior is concerning, but his organization structure seemed to be working.

slivym 8y ago
Sorry but Tesla is not meeting its targets. It has a phenomenal reputation for missing targets repeatedly and finally hitting them in a 'kind of' style. The 5000 is the obvious example - they missed the target by almost a year, had to build a separate outdoor production line (which means the numbers are no longer reflective of their production line) and it turns out their first pass rate was something like 14%. Tesla is not bankrupt, and it's producing some cars. Its stock price is high. If those are the only criteria you have for success then fine. But they're not successful on the terms that they themselves set.
dplgk 8y ago
They have bit been "hitting" their goals. They hit a goal once. Assuming you're talking about their production target for the model 3, which has been reported to have a very high rate (Compared to industry standards) of reworking.
yellowapple 8y ago
"Tesla has been hitting their goals" My impression from reading HN articles over the last couple years has been the exact opposite, the Model 3 being the prime example of that.
- greglindahl 8y ago
  Yeah, plenty of people on HN love to repeat that. Check out how Tesla has been doing with their most recent Model 3 production target, which was announced at the end of 2017: https://www.bloomberg.com/graphics/2018-tesla-tracker/ https://www.bloomberg.com/graphics/2018-tesla-tracker/ Here we are, 8 months later, how would you say they are doing?
  - yellowapple 8y ago
    Key point there is "most recent production target". Tesla has been constantly revising its production targets as it fails to achieve prior targets. For example, in 2016 [1] Tesla set a target of 100,000 Model 3s produced in 2017 and 400,000 in 2018. End of 2018 is getting close, and Tesla's at less than 30% of the 2017 target, let alone 2018. After that particular failure to achieve production goals, the stated goal for Q3 2017 was revised to 1,500 new cars built [2]. Tesla built 237 instead. In other words: yeah, Tesla might look like it's "on target" now, but only because it shifted the goalposts after having been very much off target for more than a year now. There are hundreds of thousands of customers still waiting for their cars because of how thoroughly Tesla missed its original production goals. Tesla's on the right track now, but only after a very rocky road getting there. -- [1]: https://www.reuters.com/article/us-tesla-suppliers-idUSKCN0YB0CA https://www.reuters.com/article/us-tesla-suppliers-idUSKCN0Y... [2]: https://www.bloomberg.com/news/articles/2017-10-02/tesla-sales-climb-as-model-3-stokes-demand-in-pricier-offerings https://www.bloomberg.com/news/articles/2017-10-02/tesla-sal...

by shawn 8y ago

slivym 8y ago

Sorry but Tesla is not meeting its targets. It has a phenomenal reputation for missing targets repeatedly and finally hitting them in a 'kind of' style. The 5000 is the obvious example - they missed the target by almost a year, had to build a separate outdoor production line (which means the numbers are no longer reflective of their production line) and it turns out their first pass rate was something like 14%. Tesla is not bankrupt, and it's producing some cars. Its stock price is high. If those are the only criteria you have for success then fine. But they're not successful on the terms that they themselves set.

dplgk 8y ago

They have bit been "hitting" their goals. They hit a goal once. Assuming you're talking about their production target for the model 3, which has been reported to have a very high rate (Compared to industry standards) of reworking.

yellowapple 8y ago

"Tesla has been hitting their goals" My impression from reading HN articles over the last couple years has been the exact opposite, the Model 3 being the prime example of that.

greglindahl 8y ago
Yeah, plenty of people on HN love to repeat that. Check out how Tesla has been doing with their most recent Model 3 production target, which was announced at the end of 2017: https://www.bloomberg.com/graphics/2018-tesla-tracker/ https://www.bloomberg.com/graphics/2018-tesla-tracker/ Here we are, 8 months later, how would you say they are doing?
- yellowapple 8y ago
  Key point there is "most recent production target". Tesla has been constantly revising its production targets as it fails to achieve prior targets. For example, in 2016 [1] Tesla set a target of 100,000 Model 3s produced in 2017 and 400,000 in 2018. End of 2018 is getting close, and Tesla's at less than 30% of the 2017 target, let alone 2018. After that particular failure to achieve production goals, the stated goal for Q3 2017 was revised to 1,500 new cars built [2]. Tesla built 237 instead. In other words: yeah, Tesla might look like it's "on target" now, but only because it shifted the goalposts after having been very much off target for more than a year now. There are hundreds of thousands of customers still waiting for their cars because of how thoroughly Tesla missed its original production goals. Tesla's on the right track now, but only after a very rocky road getting there. -- [1]: https://www.reuters.com/article/us-tesla-suppliers-idUSKCN0YB0CA https://www.reuters.com/article/us-tesla-suppliers-idUSKCN0Y... [2]: https://www.bloomberg.com/news/articles/2017-10-02/tesla-sales-climb-as-model-3-stokes-demand-in-pricier-offerings https://www.bloomberg.com/news/articles/2017-10-02/tesla-sal...