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Key Takeaways Tesla lowered the prices of its most expensive models for the second time this year. The price cuts come just days after investors expressed disappointment the company didn't unveil a new model at last week's investor day. The average price for a new Tesla has fallen by half in the past five years; the least expensive models now account for 95% of sales. Other automakers could follow amid gloomy profit forecasts. Shares of Tesla fell as much as 2% today after the company reduced U.S. prices of its most expensive models. Tesla cut the prices of its Model S sedan by 5% to $89,990 from $94,990 and its Model X SUV by 9% to $99,990 from $109,990. The company also reduced the upscale Plaid versions of each model to $109,990, down $5,000 and $10,000, respectively. The price reductions came days after investors expressed disappointment that Tesla didn't unveil a lower-priced model at its first-ever investor day . They also follow cuts of up to 20% on … [Read more...] about Tesla Cuts US Prices on Most Expensive Models

Share to Twitter Share to Linkedin As the world settles after the pandemic and a new wave of change ripples through the global economy, understanding the benefits of convenient delivery is more essential for businesses in the retail industry than ever. Especially for last mile delivery, a flexible and seamless process is essential in helping customers receive the services they expect. A recent study published by MIT Sloan Management Review found that retailers providing customers with the options of delivery on a specific day and time, were more valued than deliveries made in shorter time periods. The study also concluded that consumers are even willing to wait longer for a delivery, as long as they can receive the product when and where they choose. Clearly, consumers now value convenience over speed, a trend that is becoming more prevalent today. In a recent interview with Guy Bloch, CEO of Bringg – the market leading delivery management platform … [Read more...] about From Super Speed To Super Convenient: The Maturity Curve Around Customer Shopping Behavior

Share to Twitter Share to Linkedin Angry and dismayed Amazon employees are pushing back against the recently-announced return to office policy by the Amazon leadership. Amazon's policy joins other high-profile companies such as Disney, Starbucks, Tesla, Google, and others that are forcing employees back to the office. Some are claiming they need to do so for the sake of productivity. For example, Elon Musk, the CEO of Tesla, claimed that those working remotely only " pretend to work " and are "phoning it in." Others say you need to be in the office to innovate: Disney's CEO Bob Iger demanded the return to the office because "nothing can replace the ability to connect, observe, and create with peers that comes from being physically together." So what explains the situation? As a globally-known expert in the field of hybrid and remote work , I have seen firsthand how working remotely, whether part of the week or full-time, enables worker … [Read more...] about Why Employers Forcing A Return To Office Is Leading To More Worker Power And Unionization

Share to Twitter Share to Linkedin As the way we live, operate and work start to change for good in the new century, organizations are searching for ways to become more future-ready . CEOs are fiercely pushing the dial on several organizational elements with the intention to make numbers grow while CHROs are working diligently to meet changing requirements without breaking the system. The question continues to linger in the back of today’s professional’s minds is whether one can actually transform organizations at the edge of chaos by simply pushing forward. Despite the efforts, research suggests the business-as-usual approach rather results in an organizational paralysis filled by thousands of confused and consumed people being pulled and pushed in multiple directions. Therein lies the current challenge for practitioners: Today’s organizations are set up with traditional structures, operating and management tactics such as coordination, hierarchy, matrix, … [Read more...] about Companies At The Edge Of Chaos: Why HR Must Embrace Data Beyond Surveys To Reinvent Organizations