https://www.autoblog.com/2019/04/30/tesla-chinese-company-complaints-times-square-billboards/Chinese company bought Times Square billboards to complain about faulty Teslas
Ride-hailing company claims nearly $1 million in lost revenue due to repairs
A Chinese ride-hailing company says many of the Teslas it bought as fleet vehicles have had major electromechanical issues. The company is called iUNICORN (also known as Shenma Zhuanche) and it originally purchased 278 Teslas between 2016 and 2017. It says 20% of those vehicles have had issues, and the average repair took 45 days to complete. In total, iUNICORN claims it has lost the equivalent of $970,000 due to the cars' problems. All the vehicles in question are either the Model S or Model X.
To air their grievances toward Tesla, the company says it rented space on three electronic billboards in Times Square. The messages reportedly displayed last Wednesday, but were only there for 30 minutes. . . .
The company is apparently seeking full compensation from Tesla for all its losses due to repairs.
We've asked Tesla for its side of the story, and will update upon hearing back. Shenma has not said how much the billboards in Times Square cost to rent. However, Investopedia says it costs between $1.1 million and $4 million to rent a billboard for a year in the prime NY real estate. A whole 30 minutes probably wasn't cheap, but it was enough to get the company's point across.
One might wonder why Shenma doesn't just discuss this internally with Tesla. The company claims Tesla "has low efficiency in internal communications," and they "take too long." Therefore, Shenma went with billboards instead.
https://www.autoblog.com/2019/04/30/tesla-solar-panels-price-cut/Tesla to cut prices on solar panel prices by 38%
Sales have lagged under Tesla
. . . The company aims to cut the prices by standardizing systems and requiring customers order the items online, the report said.
After reporting a 36 percent slide in solar installations in the first quarter, Tesla said last week that it introduced a new solar price and selling strategy without giving any specifics.
In 2016, the electric car maker bought SolarCity for $2.6 billion. . . .
Tesla sought to sell solar panels in its retail stores and online in a bid to align it with the company's aspirational luxury car brand.
The move was a sharp reversal from SolarCity's populist vision of making rooftop solar accessible to all, and sales under Tesla have lagged. Late last year, Tesla cut prices on its residential solar systems.
At the same time, solar roof tiles that the company unveiled in late 2016 have yet to be produced in meaningful quantities.
Tesla Chief Executive Officer Elon Musk has said the solar roof, which generates solar energy without the need for traditional rooftop panels, is a cornerstone of his strategy to sell a fossil-fuel-free lifestyle under the Tesla brand. . . .