May 16, 2020

Is Tesla about to launch a motorbike? Elon Musk unveils a MAJOR new Tesla product

Tesla
Elon Musk
Tesla Motorbike
Chinese Manufacturing
Glen White
2 min
On Monday Tesla CEO, Elon Musk sent Tesla stocks soaring with a tempting tweet about a ‘major new Tesla product line’ at is not a car
On Monday Tesla CEO, Elon Musk sent Tesla stocks soaring with a tempting tweet about a ‘major new Tesla product line at is not a car. Tesla shares...

On Monday Tesla CEO, Elon Musk sent Tesla stocks soaring with a tempting tweet about a ‘major new Tesla product line’ at is not a car. Tesla shares rose 3 percent to $190.60 after the tweet.

Here's what Musk Tweeted yesterday:

Major new Tesla product line -- not a car -- will be unveiled at our Hawthorne Design Studio on Thurs 8pm, April 30

The tweet set off a wave of speculation, including the idea that Tesla is going to announce a motorcycle. Musk's followers on Twitter went even further, talking about a Tesla phone, hover board and electric snowmobile. But right now those products don’t seem to be on the company’s radar.

Instead, the company made a major announcement about its manufacturing commitment in China. Aiming to build confidence among Chinese consumers, Tesla CEO Elon Musk has pledged his company will begin local production in China within three years.

According to reports, until that time, imports from the United States will continue because the factory still has capacity to grow. Once that occurs, however, Musk says it would only be sensible to “localize production in China for the Chinese market, in Europe for the European market.”

Though Musk and Tesla haven’t had the best time in China since importation began in mid-2013 — ranging from sales issues and speculators, to range anxiety and consumer preferences — the CEO is optimistic about the future of his company’s work in the market, taking the long-term view as the basis for said optimism.

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May 12, 2021

Gartner: Leaders Lack Skilled Smart Manufacturing Workers

SmartManufacturing
DigitalTransformation
DigitalFactory
ConnectedFactory
2 min
57% of manufacturing leaders feel that their organisations lack the skilled workers needed to support smart manufacturing digitalisation

With organisations rapidly adopting industry 4.0 capabilities to increase productivity, efficiency, transparency, and quality as well as reduce cost, manufacturers “are under pressure to bring their workforce into the 21st century,” says Gartner.

While more connected factory workers are leveraging digital tools and data management techniques to improve decision accuracy, increase knowledge and lessen variability, 57% of manufacturing leaders feel that their organisations lack the skilled workers needed to support their smart manufacturing digitalisation plans.

“Our survey revealed that manufacturers are currently going through a difficult phase in their digitisation journey toward smart manufacturing,” said Simon Jacobson, Vice President analyst, Gartner Supply Chain practice.

“They accept that changing from a break-fix mentality and culture to a data-driven workforce is a must. However, intuition, efficiency and engagement cannot be sacrificed. New workers might be tech-savvy but lack access to best practices and know-how — and tenured workers might have the knowledge, but not the digital skills. A truly connected factory worker in a smart manufacturing environment needs both.”

Change Management

Surveying 439 respondents from North America, Western Europe and APAC, Gartner found that “organisational complexity, integration and process reengineering are the most prevalent challenges for executing smart manufacturing initiatives.” Combined they represent “the largest change management obstacle [for manufacturers],” adds Gartner.

“It’s interesting to see that leadership commitment is frequently cited as not being a challenge. Across all respondents, 83% agree that their leadership understands and accepts the need to invest in smart manufacturing. However, it does not reflect whether or not the majority of leaders understand the magnitude of change in front of them – regarding technology, as well as talent,” added Jacobson.

Technology and People

While the value and opportunities smart manufacturing can provide an organisation is being recognised, introducing technology alone isn’t enough. Gartner emphasises the importance of evolving factory workers alongside the technology, ensuring that they are on board in order for the change to be successful.

“The most immediate action is for organisations to realize that this is more than digitisation. It requires synchronising activities for capability building, capability enablement and empowering people. Taking a ‘how to improve a day in the life’ approach will increase engagement, continuous learning and ultimately foster a pull-based approach that will attract tenured workers. They are the best points of contact to identify the best starting points for automation and the required data and digital tools for better decision-making,” said Jacobson.

Long term, “it is important to establish a data-driven culture in manufacturing operations that is rooted in governance and training - without stifling employee creativity and ingenuity,” concluded Gartner.

Discover Gartner's Five Best Practices for Post COVID-19 Innovation' in manufacturing.

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