{"id":549082,"date":"2021-06-02T07:35:59","date_gmt":"2021-06-02T11:35:59","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=549082"},"modified":"2021-06-02T07:36:01","modified_gmt":"2021-06-02T11:36:01","slug":"never-seen-anything-like-it-elon-musk-reacts-to-global-supply-chain-issues","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/never-seen-anything-like-it-elon-musk-reacts-to-global-supply-chain-issues\/","title":{"rendered":"\u2018Never Seen Anything Like It\u2019: Elon Musk Reacts To Global Supply Chain Issues"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fnever-seen-anything-like-it-elon-musk-reacts-to-global-supply-chain-issues%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=549082&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/06\/GettyImages-454939582-1200x800-1.jpg\" class=\"ff-og-image-inserted\"  style=\"display:none\"><\/div>\n<p><span>Tesla and SpaceX CEO Elon Musk responded to criticism regarding rising prices alongside a reduction in features for his series of Tesla electric cars, referencing \u201cmajor supply chain pressure,\u201d especially when it comes to \u201craw materials.\u201d<\/span><\/p>\n<p><span>\u201cI really don\u2019t like the direction [Tesla] is going raising prices of vehicles but removing features like lumbar for the Model Y. On top of rumors of FSD increase to $14k without any real added features to FSD unless you\u2019re a beta tester,\u201d commented one Twitter user.<\/span><\/p>\n<p><span>\u201cMoving lumbar was removed only in front passenger seat of 3\/Y (obv not there in rear seats). Logs showed almost no usage. Not worth cost\/mass for everyone when almost never used,\u201d responded Musk, who is worth an <\/span><a href=\"https:\/\/www.investopedia.com\/articles\/investing\/012715\/5-richest-people-world.asp\"><span>estimated<\/span><\/a><span> $151 billion. \u201cPrices increasing due to major supply chain price pressure industry-wide. Raw materials especially.\u201d<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\" readability=\"10.580952380952\">\n<p lang=\"en\" dir=\"ltr\">Moving lumbar was removed only in front passenger seat of 3\/Y (obv not there in rear seats). Logs showed almost no usage. Not worth cost\/mass for everyone when almost never used.<\/p>\n<p>Prices increasing due to major supply chain price pressure industry-wide. Raw materials especially.<\/p>\n<p>\u2014 Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1399492488612691973?ref_src=twsrc%5Etfw\">May 31, 2021<\/a><\/p>\n<\/blockquote>\n<p><span>In the replies thread, another Twitter user commented, \u201cThe fact you can view logs for passenger seat usage tells me you can have saved presets for passenger seats as well. Hope that\u2019s coming soon,\u201d to which Musk <\/span><a href=\"https:\/\/twitter.com\/elonmusk\/status\/1399494403450982401\"><span>responded<\/span><\/a><span>, \u201cAgreed.\u201d<\/span><\/p>\n<p><span>As noted by <a href=\"https:\/\/www.theverge.com\/2021\/6\/2\/22464552\/tesla-price-increases-supply-chain-pressure-chip-shortage-elon-musk\">The Verge<\/a>, Musk followed up on this subject early on Wednesday, saying that the company\u2019s \u201cbiggest challenge\u201d is \u201csupply chain,\u201d and this is particularly true when it comes to microcontroller chips.<\/span><\/p>\n<p><span>\u201cQuick thought \u2013 Fact: [Tesla] is shipping cars from China to Europe and increasing prices in the U.S. underlying reality: demand in the US is insane, Tesla has to increase prices and keep all local production onshore to manage it. 2Q21 print will be interesting!\u201d commented yet another Twitter user.<\/span><\/p>\n<p><span>\u201cOur biggest challenge is supply chain, especially microcontroller chips. Never seen anything like it,\u201d replied Musk. He then proceeded to liken the company\u2019s decision to \u201coverorder\u201d various products to the \u201ctoilet paper shortage\u201d which occurred at the start of the COVID-19 outbreak, but at \u201cepic scale.\u201d<\/span><\/p>\n<p><span>\u201cFear of running out is causing every company to overorder \u2013 like the toilet paper shortage, but at epic scale,\u201d wrote Musk. \u201cThat said, it\u2019s obv not a long-term issue.\u201d<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\" readability=\"16.310810810811\">\n<p lang=\"en\" dir=\"ltr\">Our biggest challenge is supply chain, especially microcontroller chips. Never seen anything like it. <\/p>\n<p>Fear of running out is causing every company to overorder \u2013 like the toilet paper shortage, but at epic scale.<\/p>\n<p>That said, it\u2019s obv not a long-term issue.<\/p>\n<p>\u2014 Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1399999219218501633?ref_src=twsrc%5Etfw\">June 2, 2021<\/a><\/p>\n<\/blockquote>\n<p><span>The global shortage in microchips is having a deepening impact on multiple industries. As <a href=\"https:\/\/www.cnbc.com\/2021\/05\/07\/chip-shortage-is-starting-to-have-major-real-world-consequences.html\">CNBC<\/a> noted, \u201c<\/span><span>As technology has advanced, semiconductor chips have spread from computers and cars to toothbrushes and tumble dryers,\u201d which means that a shortage in the now crucial technology is leading to delays across broad swathes of consumer product areas, so that \u201ccar makers are no longer the only companies feeling the pinch.\u201d<\/span><\/p>\n<p><span>According to a report from <a href=\"https:\/\/www.forbes.com\/sites\/niallmccarthy\/2021\/06\/01\/the-us-car-models-most-impacted-by-the-microchip-shortage-infographic\/?sh=1583853b80d2\">Forbes<\/a>, the shortage has resulted in Ford taking over 346,000 vehicles out of production, while General Motors has reduced its production total by over 277,000.<\/span><\/p>\n<p><span>\u201c<\/span><span>When it comes to the models most impacted by the shortage, the Ford F-Series pickup comes first on the list with 109,710 units fewer planned for production. 98,584 fewer Jeep Cherokees are planned while 81,833 fewer Chevrolet Equinoxes are in the pipeline,\u201d Forbes reported, adding that \u201cthere is no light at the end of the tunnel for hard-pressed carmakers.\u201d<\/span><\/p>\n<p><i><span>The Daily Wire is one of America\u2019s fastest-growing conservative media companies and counter-cultural outlets for news, opinion, and entertainment. Get inside access to The Daily Wire by becoming a <\/span><\/i><a href=\"https:\/\/www.dailywire.com\/subscribe\"><i><span>member<\/span><\/i><\/a><i><span>.<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesla and SpaceX CEO Elon Musk responded to criticism regarding rising prices alongside a reduction in features for his series of Tesla electric cars, referencing \u201cmajor supply chain pressure,\u201d especially &#8230;<\/p>\n","protected":false},"author":1,"featured_media":2278875,"comment_status":"close","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/06\/GettyImages-454939582-1200x800-1.jpg","fifu_image_alt":"\u2018Never Seen Anything Like It\u2019: Elon Musk Reacts To Global Supply Chain Issues","footnotes":""},"categories":[],"tags":[],"class_list":["post-549082","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/06\/GettyImages-454939582-1200x800-1.jpg","fifu_image_alt":"\u2018Never Seen Anything Like It\u2019: Elon Musk Reacts To Global Supply Chain Issues","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/549082","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=549082"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/549082\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2278875"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=549082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=549082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=549082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}