The company said it lost sales due to inventory control issues, with CEO Silvio Napoli admitting in an earnings call that sometimes “we did not even know where cars were.”
+1 for honesty, but what the heck?
Doesn’t inspire much confidence as a buyer when the people who built the product you’re putting your life in the hands of can’t even figure out how to keep track of said product before selling it.
People put up with a lot of snafus if the product is good.
I haven’t heard anything about this company’s product though.
That could be a bad thing, if there’s no hype for a new product.
They’ve had teething and software problems. The cars are very nice, fast and efficient, but also very expensive and still under developement.
I want them to succeed but it’s a rich person car for sure.
Teething for 3 years? They even gave up on YouTubers cars and refunded them. The company is swirling the bowl.
Almost entirely Saudi-backed. They’re on life support and I won’t miss them.
Without reading the article, this sounds like they say they don’t have a good inventory control system and don’t have full data of where each car is at any moment. Like they don’t know exactly how many cars are at each stage of manufacturing and how many were already finished. Not that they lost the cars somewhere and can’t find them.
Overly complex vehicles that break, they never fixed most software issues and the company is run by dimwits. Might be good reasons they left Tesla.
Oh. Unsold cars.
… As it should be…? Or are we talking about before cars were sold
As far as i understand they lost them in their own facility
If you ever think that what CEOs do is shrouded in mystery and you couldn’t ever do that job, just remember this article.
I don’t really have any qualifications to be the CEO of a car company, but I’m pretty sure I could have figured out a way to, you know, NOT misplace the cars.
