Elon Musk and Tesla loom over Detroit's auto labor talks
Looking forward, Detroit Three executives say new contracts with themust allow them to be"competitive" as their U.S. operations shift to building EVs, which are money-losers for the legacy automakers now.
UAW President Shawn Fain, in a statement on Wednesday, put his own interpretation on the term"competitive." The automakers do not detail the hours of labor that go in to building their vehicles — and those figures vary based on the different levels of vertical integration. Hourly labor costs are just a slice of Tesla's overall superiority in EV profitability, an edge it is using to cut prices and gain share in the EV market. , Optimus, doing useful work in factories next year is the least of Detroit's problems.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Elon Musk talks up Tesla's Cybertruck on earnings callTesla's revenue and earnings-per-share came in above estimates for the second quarter, and the company announced $24.93 billion in revenue Wednesday.
Les mer »
Elon Musk Says 'Turbulent Times' May Force Tesla To Cut Prices Again | CarscoopsJust as other companies move to meet Tesla's current price cuts the CEO reasons on why more might be coming car auto cars
Les mer »
Tesla’s “25 Guns” Instrumental To Gigafactory Berlin Success: Elon MuskTesla needs its 25 Guns engineering wizards to execute its ambitious expansion plans across the world.
Les mer »
What Elon Musk’s AI Startup Means for Tesla’s AI AmbitionsThe billionaire for a long time framed the automaker as an artificial-intelligence company. Then he started xAI.
Les mer »
Musk mulling more price cuts for Tesla modelsTesla CEO Elon Musk is considering lowering the cost of Tesla vehicles as the company puts an emphasis on sales over profits, in hopes the self-driving software will boost margins.
Les mer »