Connect with us

News

Lucid Motors, Faraday Future, NIO and Rivian: Who’s hiring and who’s firing?

Published

on

This article first appeared on:


As the electric vehicle market heats up, new entrants continue to grow their teams as they approach planned production. While industry incumbents have started development and production of electric vehicles, none of which have come close to EV leader, Tesla. While Tesla is still weeks away from starting production on its mass-market Model 3, the company’s flagship Model S sedan which can run upwards of $150,000 has continued to outsell vehicles that cost one-third the price.

General Motors started production of the Chevy Bolt in December but continues to cautiously roll out its long range battery electric vehicle nationwide. Meanwhile, new EV startups are eager to flood the market but face scaling challenges. Most of the aspiring automotive companies are still in the design phase and have yet to build a production facility  Developing a new vehicle from the ground up isn’t known to be an easy task.

NIO EP9 1,390 hp all-electric supercar smashes Nürburgring lap record

To understand which companies are truly heading towards production, it’s important to look at their hiring patterns and the number of people they are hiring. We have analyzed seven EV startups, including Tesla, by looking at LinkedIn company insights. We looked at Faraday Future, NIO, Lucid Motors, Rivian, Karma Automotive, Proterra, and Tesla (for comparison).

Lucid Motors the "private jet on wheels" has shed 5% of its employees in the past year, yet the company is still hiring and pushing forward with their 2018 production plans. One surprise comes from Rivian Automotive. The Michigan-based firm has increased their headcount by 28% in the last 6-months. While Rivian is still very much in stealth mode, the company made a very public purchase of a 2.4 million-square-foot factory in Normal, IL, ahead of its anticipated 2019 production plans.

It's also important to take note of each company's size and level of funding. Faraday Future leads the pack with 918 employees, though the company has shed employees over the last seven months as funding issues have emerged.

Advertisement
-->

Update: Faraday Future has notified NextMobility that it has 1440 global employees, contrary to LinkedIn's data. Faraday Future also states, "no job cuts have been made as a result of “financial issues," we are working with them to update their data.

Rivian has the least amount of employees, but CEO RJ Scaringe has been very secretive about the company's funding. The company received local incentives to purchase their factory, and third parties who have reviewed their financials have stated that the company has substantial assets.

News

Tesla Giga Berlin is still ramping production to meet Model Y demand: plant manager

Tesla Gigafactory Berlin has expanded to two full shifts, as per the facility’s plant manager, and a lot of it is due to Model Y demand.

Published

on

Credit: Tesla/X

Tesla Gigafactory Berlin has expanded to two full shifts, as per the facility’s plant manager, and a lot of it is due to Model Y demand. While registrations in some countries such as Sweden have fallen sharply this year, the company’s sales in other key territories have been rising. 

Giga Berlin shifts to two shifts

Giga Berlin factory manager André Thierig told the DPA that the facility has been running two shifts since September to manage a surge in global orders. And due to the tariff dispute with the United States, vehicles that are produced at Giga Berlin are now being exported to Canada. 

“We deliver to well over 30 markets and definitely see a positive trend there,” Thierig said.

Despite Giga Berlin now having two shifts, the facility’s production still needs to ramp up more. This is partly due to the addition of the Tesla Model Y Performance and Standard, which are also being produced in the Grunheide-based factory. Interestingly enough, Giga Berlin still only produces the Model Y, unlike other factories like Gigafactory Texas, the Fremont Factory, and Gigafactory Shanghai, which produce more than one type of vehicle. 

Norway’s momentum

Norway, facing an imminent tax increase on cars, has seen a historic spike in Tesla purchases as buyers rush to secure deliveries before the change takes effect, as noted in a CarUp report. As per recent reports, Tesla has broken Norway’s all-time annual sales record this month, beating Volkswagen’s record that has stood since 2016.

Advertisement
-->

What is rather remarkable is the fact that Tesla was able to achieve so much in Norway with one hand practically tied behind its back. This is because the company’s biggest sales draw, FSD, remains unavailable in the country. Fortunately, Tesla is currently hard at work attempting to get FSD approved for Europe, a notable milestone that should spur even more vehicle sales in the region.

Continue Reading

News

Tesla launches crazy Full Self-Driving free trial: here’s how you can get it

Published

on

tesla full self driving
Credit: Tesla

Tesla is launching a crazy Full Self-Driving free trial, which will enable owners who have not purchased the suite outright to try it for 30 days.

There are a handful of stipulations that will be needed in order for you to qualify for the free trial, which was announced on Thursday night.

Tesla said the trial is for v14, the company’s latest version of the Full Self-Driving suite, and will be available to new and existing Model S, Model 3, Model X, Model Y, and Cybertruck owners, who will have the opportunity to try the latest features, including Speed Profiles, Arrival Options, and other new upgrades.

You must own one of the five Tesla models, have Full Self-Driving v14.2 or later, and have an eligible vehicle in the United States, Puerto Rico, Mexico, or Canada.

The company said it is a non-transferable trial, which is not redeemable for cash. Tesla is reaching out to owners via email to give them the opportunity to enable the Full Self-Driving trial.

Those who are subscribed to the monthly Full Self-Driving program are eligible, so they will essentially get a free month of the suite.

Once it is installed, the trial will begin, and the 30-day countdown will begin.

Tesla is making a major push to increase its Full Self-Driving take rate, as it revealed that about 12 percent of owners are users of the program during its recent earnings call.

Tesla CFO Vaibhav Taneja said during the call:

“We feel that as people experience the supervised FSD at scale, demand for our vehicles, like Elon said, would increase significantly. On the FSD adoption front, we’ve continued to see decent progress. However, note that the total paid FSD customer base is still small, around 12% of our current fleet.”

Earlier today, we reported on Tesla also launching a small-scale advertising campaign on X for the Full Self-Driving suite, hoping to increase adoption.

Tesla Full Self-Driving warrants huge switch-up on essential company strategy

It appears most people are pretty content with the subscription program. It costs just $99 a month, in comparison to the $8,000 fee it is for the outright purchase.

Continue Reading

News

Tesla Full Self-Driving warrants huge switch-up on essential company strategy

Published

on

tesla side repeater camera
(Credit: Tesla)

Tesla Full Self-Driving has warranted a huge switch-up on an essential company strategy as the automaker is hoping to increase the take rate of the ADAS suite.

Unlike other automotive companies, Tesla has long been an outlier, as it has famously ditched a traditional advertising strategy in favor of organic buzz, natural word-of-mouth through its production innovation, and utilizing CEO Elon Musk’s huge social media presence to push its products.

Tesla has taken the money that it would normally spend on advertising and utilized it for R&D purposes. For a long time, it yielded great results, and ironically, Tesla saw benefits from other EV makers running ads.

Tesla counters jab at lack of advertising with perfect response

However, in recent years, Tesla has decided to adjust this strategy, showing a need to expand beyond its core enthusiast base, which is large, but does not span over millions and millions as it would need to fend off global EV competitors, which have become more well-rounded and a better threat to the company.

In 2024 and 2025, Tesla started utilizing ads to spread knowledge about its products. This is continuing, as Full Self-Driving ads are now being spotted on social media platforms, most notably, X, which is owned by Musk:

Interestingly, Tesla’s strategy on FSD advertising is present in Musk’s new compensation package, as the eleventh tranche describes a goal of achieving 10 million active paid FSD subscriptions.

Full Self-Driving is truly Tesla’s primary focus moving forward, although it could be argued that it also has a special type of dedication toward its Optimus robot project. However, FSD will ultimately become the basis for the Robotaxi, which will enable autonomous ride-sharing across the globe as it is permitted in more locations.

Tesla has been adjusting its advertising strategy over the past couple of years, and it seems it is focused on more ways to spread awareness about its products. It will be interesting to see if the company will expand its spending even further, as it has yet to put on a commercial during live television.

We wouldn’t put it out of the question, at least not yet.

Continue Reading