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Strategies & Market Trends : The coming US dollar crisis
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To: ggersh who wrote (62264)1/21/2019 2:17:12 PM
From: Elroy Jetson   of 71456
 
Tesla can now deliver Model 3 vehicles to European customers following approval from RDW (RijksDienst voor het Wegverkeer), the Dutch regulator and European authority tasked with approving foreign vehicles.

The approval comes just ahead of the vehicle’s European introduction next month. Right now, it’s been reported that a cargo ship full of Model 3s is currently en route to Zeebrugge, Belgium and should arrive around February 2.

Tesla is clearly racing to get its least expensive 58,800 euros vehicle in Europe ahead of the onslaught of EVs planned by European auto makers. The Model 3 costs $46,000 in the US.

Last week, Tesla announced a cost-savings plan in an effort to shore up its international Model 3 deliveries. The automaker stated that it was cutting 7 percent of its full-time workers. In the email, CEO Elon Musk says the focus must be on delivering “at least the mid-range Model 3 variant in all markets.” He also warns those employees not set to be axed that there are “many companies that can offer a better work-life balance, because they are larger and more mature or in industries that are not so voraciously competitive.”

My car-crazy nephew works for Tesla's automation division and his having the time of his life.

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