Tesla appoints Jerome Guillen as president of automotive operations
09-09-18 | 11:11 AM
#1
Tesla appoints Jerome Guillen as president of automotive operations
He will report directly to Elon Musk
In an email to employees that was posted to Tesla's official blog, company chief Elon Musk announced that Jerome Guillen has been promoted to President, Automotive. Guillen has been an employee at Tesla for eight years, having previously been an executive with Daimler's Freightliner truck division.
Guillen is credited by Musk as being the first Model S Program Manager and for spearheading the "high-volume General Assembly line for Model 3" that is housed externally in a tent. He will report directly to Musk and "will oversee all automotive operations and program management, as well as coordinate our extensive automotive supply chain."
It's been a difficult few months for Tesla and its embattled CEO. The company's stocks lost a quarter of their value since Musk's Twitter announcement that he was investigating taking the company private, and his attacks on British cave diver Vernon Unsworth have been making the kinds of headlines that investors haven't been happy with.
In addition to Guillen's appointment, Kevin Kassekert was promoted to VP of People and Places, Chris Lister to VP of Gigafactory Operations, Felicia Mayo to VP of HR, and Dave Arnold to Sr. Director, Global Communications.
Guillen is credited by Musk as being the first Model S Program Manager and for spearheading the "high-volume General Assembly line for Model 3" that is housed externally in a tent. He will report directly to Musk and "will oversee all automotive operations and program management, as well as coordinate our extensive automotive supply chain."
It's been a difficult few months for Tesla and its embattled CEO. The company's stocks lost a quarter of their value since Musk's Twitter announcement that he was investigating taking the company private, and his attacks on British cave diver Vernon Unsworth have been making the kinds of headlines that investors haven't been happy with.
In addition to Guillen's appointment, Kevin Kassekert was promoted to VP of People and Places, Chris Lister to VP of Gigafactory Operations, Felicia Mayo to VP of HR, and Dave Arnold to Sr. Director, Global Communications.
09-10-18 | 03:20 AM
#4
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Joined: Jun 2010
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From: NC
In December and March of 2019 a total of 1.2 billion in debt is due for Tesla. In the first quarter of 2018, Tesla lost $14,000 on each Model 3 sold. In the last 3 1/2 years it has lost over 5 billion. In fifteen years they have never come close to making a profit. Their 15th year was their worst year with a loss of 1.96 billion. They lost 777 million in the first quarter of 2018 and 717 million in the second quarter. Consumer Reports ranks them 25th out of 29 in reliability. CR gave the Model X, their $100,000+ SUV, the lowest score in reliability. They listed their 10 dogs to avoid based on reliability and the Model X is #1. Tesla's time is borrowed as the federal tax credits will soon be disappearing and actual profitable car manufacturers increase production of cheaper, better looking and more reliable EV. The Jaguar I Pace built out with more options than the Model X is well under $25,000 less. The interior and exterior is 100% better looking. The average insurance rate for a Model 3 is $2,814 which is the same as a Porsche 911. Musk must feel like the captain of the Titanic.
09-11-18 | 08:04 AM
#5
Moderator
Joined: Nov 2016
Posts: 8,665
Likes: 3,973
From: GA
In December and March of 2019 a total of 1.2 billion in debt is due for Tesla. In the first quarter of 2018, Tesla lost $14,000 on each Model 3 sold. In the last 3 1/2 years it has lost over 5 billion. In fifteen years they have never come close to making a profit. Their 15th year was their worst year with a loss of 1.96 billion. They lost 777 million in the first quarter of 2018 and 717 million in the second quarter. Consumer Reports ranks them 25th out of 29 in reliability. CR gave the Model X, their $100,000+ SUV, the lowest score in reliability. They listed their 10 dogs to avoid based on reliability and the Model X is #1. Tesla's time is borrowed as the federal tax credits will soon be disappearing and actual profitable car manufacturers increase production of cheaper, better looking and more reliable EV. The Jaguar I Pace built out with more options than the Model X is well under $25,000 less. The interior and exterior is 100% better looking. The average insurance rate for a Model 3 is $2,814 which is the same as a Porsche 911. Musk must feel like the captain of the Titanic.
Though you have a point, the 3's strong sales don't necessarily indicate a swift turnaround.
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