Tesla ditches EV inventory discounts to 'streamline' sales and delivery

JC Penny tried it, didn’t work.

This is the best summary I could come up with:

One of Tesla’s delivery workers who was cut this week and spoke to TechCrunch on the condition of anonymity said their location was “short staffed” but still lost multiple employees.

Tesla appears to have also eliminated most job listings — save a handful of postings related to its Manufacturing Development Program — from its North America careers page, suggesting a hiring freeze.

The automaker also built more cars than it shipped, a trend that has continued in seven of the last eight quarters, which might indicate an area where Tesla will renew its focus this year.

Tesla has received a lot of credit for its direct-sales model, which circumvents the traditional dealer setup (and took many years and legal fights to accomplish).

In early 2019, Musk abruptly announced that Tesla would close many of its retail stores and lay off workers “to achieve the savings required to provide [the Model 3] and be financially sustainable.

More recently, Tesla announced in late 2022 that its typical end-of-quarter scramble to make and ship as many cars as possible was proving increasingly difficult.

The original article contains 649 words, the summary contains 180 words. Saved 72%. I'm a bot and I'm open source!