Tesla production leader Doug Field exits company

Tesla produced 5,000 of its Model 3 cars, along with a combined total of 2,000 Model S and Model X vehicles. (AP)
Updated 03 July 2018
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Tesla production leader Doug Field exits company

SAN FRANCISCO: Tesla on Monday confirmed that the head of Model 3 production, who went on leave after chief executive Elon Musk took over his duties, will not be returning.
The departure of engineering senior vice president Doug Field came as California-based Tesla appeared to have finally hit a self-imposed goal of cranking out 5,000 Model 3 electric cars in a week.
Tesla co-founder Musk fired off a Twitter post over the weekend saying “7,000 cars, 7 days.”
In a note to investors on Monday, Analyst Trip Chowdhry of Global Equities said that in the preceding week, Tesla produced 5,000 of its Model 3 cars, along with a combined total of 2,000 Model S and Model X vehicles.
Tesla has been under pressure to increase production to show it can operate profitably and at the kind of scale needed to be considered a major auto company.
Musk has been managing the Tesla production line, which has been rejiggered to pump out cars faster.
Field will not be returning to the company, according to Tesla.
“After almost five years at Tesla, Doug Field is moving on,” a company spokesman told AFP.
“We’d like to thank Doug for his hard work over the years and for everything he has done for Tesla.”
Tesla announced in June that it was cutting nine percent of its workforce to enhance profitability, but said the move would not affect an ambitious production ramp-up of its Model 3 sedan.
The job cuts are part of a company-wide restructuring to address excess staff in some areas due to the company’s speedy growth, Musk said in an email to employees.
The cuts concern salaried staff but not production workers and will not affect Model 3 output targets, said Musk, who characterized the downsizing as an acknowledgement of the need to focus more on costs.
“Given that Tesla has never made an annual profit in the almost 15 years since we have existed, profit is obviously not what motivates us,” Musk said in the message.
“What drives us is our mission to accelerate the world’s transition to sustainable, clean energy, but we will never achieve that mission unless we eventually demonstrate that we can be sustainably profitable.”
Shares of Tesla closed the formal trading day down 2.3 percent to $335.07 but regained some of that ground in after-market trades.


Chevrolet goes after Jeep Grand Cherokee with new Blazer

The new Blazer sits relatively low to the ground and has futuristic creases on the sides and a low-angle windshield to give it a sporty look. (Courtesy of General Motors via AP)
Updated 22 June 2018
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Chevrolet goes after Jeep Grand Cherokee with new Blazer

  • GM on Thursday unveiled the sculpted Blazer in Atlanta
  • At its peak in 1996, Chevrolet sold just over 246,000 Blazers

DETROIT: Because these days you can’t have too many SUVs, General Motors is bringing back the Chevrolet Blazer.
Only this time it’s not a thirsty and boxy truck like its predecessor, one of the original SUVs that was sold from the 1982 through 2005 model years.
SUVs based on car underpinnings, sometimes called crossover vehicles, are what buyers want these days, and the Chevy brand didn’t have a midsize one with two rows of seats to compete with the popular Jeep Grand Cherokee, the Ford Edge and Nissan Murano.
So GM on Thursday unveiled the sculpted Blazer in Atlanta, trying to capitalize on a well-known name that has a lot of equity, said Steve Majoros, Chevy’s director of car and crossover marketing. “There’s still a number of people that either have good positive feelings about that product or still have them in their driveways,” he said.
At its peak in 1996, Chevrolet sold just over 246,000 Blazers.
The new Blazer is far from a box. It sits relatively low to the ground and has futuristic creases on the sides and a low-angle windshield to give it a sporty look. Chevy says it will come standard with a 193-horsepower, 2.5-liter four-cylinder engine, with an optional 305 horsepower 3.6-liter V6. All models will have stop-start technology that shuts off the engine at red traffic lights, plus nine-speed automatic transmissions that will help gas mileage.
Gas mileage and price weren’t released by GM. Chevy hopes to take a chunk out of Grand Cherokee sales, one of the more popular and profitable vehicles in the Jeep lineup, in the growing midsize SUV segment. Last year Fiat Chrysler sold nearly 159,000 Grand Cherokees.
The Blazer, due in showrooms early next year, comes as American buyers continue their shift from cars to trucks and SUVs. This year trucks and SUVs accounted for about two-thirds US new-vehicle sales, with cars making up the rest.