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My guess would be that they are replacing a significant part of their Chinese sales team. Tesla mentioned on the earnings call that there were some major challe
by marvin 12y ago
My guess would be that they are replacing a significant part of their Chinese sales team. Tesla mentioned on the earnings call that there were some major challenges with parts of their team, among other things salespeople misinformed customers about charging options.
My impression is that they expanded a bit too quickly and ended up missing some important cultural details. Analysts read this as "Tesla expects China sales to be 30% lower than expected", but there is no reason to draw this conclusion yet.
- wahsd 12y agoI don't know. I got a sense that Tesla was trying to deflect. If not, at the very least, it seems that the blame falls on HQ by not providing proper training resources. I suspect the underlying reality is that Tesla is trying to gloss over the consequences of the oil price collapse and possible under-reported Chinese economic slowdown.