inventory

Tesla Cuts EV Discounts to “Optimize” Sales and Delivery Process

Tesla Delivery
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. The decision to end discounts across its lineup in the United States, including the Model 3, Model Y, Model S and Model X is a bit of a whiplash moment for Tesla. And in the first quarter of 2024, Tesla’s delivery numbers fell year-over-year. It’s not clear how removing discounts on Tesla vehicles fits into the automaker’s new strategy to streamline sales and delivery. But beyond the initial purchase, Tesla has almost always been making changes to its sales and delivery strategy.

Tesla’s Model Y Inventory Prices Slashed by up to $7K

Tesla Model Y
Tesla is dropping prices of unsold Model Y SUVs in the U.S. by thousands of dollars in an attempt to clear out an unprecedented backlog of inventory. The discounts come as Tesla once again made far more vehicles than it sold in the last quarter. The company built 433,371 vehicles in the first quarter but only shipped 386,810, likely adding more than 40,000 EVs to its inventory glut. It announced a $1,000 price hike was coming to the Model Y, its most popular vehicle, on April 1. He has largely blamed the struggle on high interest rates, all while his company dramatically cut prices on the Model Y and Model 3 throughout 2023.

“Transform Your Business: The Key to Successful Mobile Apps Lies in Emulating Consumer Favorites”

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And they’re calling their company… The Mobile-First Company. Too many companies that offer B2B tools treat mobile apps as companion apps and second-class citizens. Small companies don’t need a complicated enterprise software solution. While Siel Brunet is more experienced with the needs of large companies, he has also seen how B2B apps don’t work well with small businesses. Many small companies simply rely on consumer apps to fill their needs.

The Launch of Cypher’s Inventory Drone from an Autonomous Mobile Robot Base

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The halls of Modex this week are lousy with solutions to the problem of inventory. Recent years have given us drone solutions and Dexory’s massive AMR (autonomous mobile robot) with a telescoping scaffolding structure. At its core is a tall (but not Dexory tall) AMR that serves as a launching and landing pad for a drone. You can’t really see it from the image I took, but the drone is actually tethered to the inside of the AMR platform. The Ottawa-based firm says the drone can operate for up to five hours before needing to return to the base for a recharge.

Florida Man Purchases Cake’s Remaining Electric Motorbike Inventory in the US

Michael Joyce Emoto Cake
The future of bankrupt electric motorbike startup Cake is still uncertain, but the majority of its U.S. inventory is going to a guy in Florida. Joyce says he didn’t buy any of the remaining Cake Kalk electric motorcycles, as those have been recalled for battery fire risk and steering column problems. Buying the inventory gives him “six to 12” months of runway, which will give him time to finish negotiating with other companies to sell electric motorbikes. Joyce is confident he can sell the Cake inventory after spending most of the last year honing in on a good sales and marketing strategy. Joyce hopes to find enough success to build Emoto into a brand that becomes a one-stop-showroom for electric motorbikes, similar to some of the country’s biggest powersports dealers.