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Tesla Hikes Price For All EV Models In The US Market Amid Global Supply-Chain Issues: Latest Updates!!!

HIGHLIGHTS:

  • Three online recruitment events for China were recently cancelled by Tesla.
  • Musk had not commented directly on hiring in China, despite the fact that raw material costs have risen.

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INTRODUCTION:

Tesla Updates: Tesla increased pricing across the board in the United States, the company’s latest price hike amid continued worldwide supply chain difficulties.After postponing deliveries of some long-range versions in the United States by up to a month, the electric carmaker upped the price of the Model Y long-range model to $65,990 (approximately Rs. 51,53,000) on its website on Thursday.

Tesla

The increase comes as the cost of raw materials has risen, especially aluminium, which is used in automobiles.Elon Musk, the CEO of Tesla, has recently cautioned about the possibility of a recession.Musk said earlier this month that he had a “very awful feeling” about the economy after Tesla eliminated approximately 10% of its workforce.Tesla recently cancelled three online recruitment events scheduled for China later this month, the latest move after CEO Elon Musk vowed job cuts, alleging the business was “overstaffed” in some areas. Musk, on the other hand, had made no mention of jobs in China, which manufactured more than half of the automaker’s global vehicles and accounted for a quarter of its sales in 2021. According to notices provided late Thursday on the messaging app WeChat, the company has cancelled three events for sales, R&D, and supply chain positions that were previously scheduled for June 16, 23, and 30.An event on June 9 to recruit people for “smart manufacturing” jobs was not promoted, and it was unclear whether it took place as planned. In the China operation, more than 1,000 job openings, including aerodynamics engineers, supply chain managers, store managers, factory supervisors, and labourers, are still available for resume submission.

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