The robots are killing Tesla

The robots are killing Tesla. In a rare win for humans over robots in the battle for labor efficiency, Wall Street analysts have laid down a compelling argument that over-automation is to blame for problems at the billionaire Elon Musk's electric-car company. That is to say, the very innovation and competitive advantage that Musk says he's bringing to the car industry -- his nearly fully automated plant in Fremont, California -- is the reason Tesla is unable to scale quickly. According to the Bernstein analysts Max Warburton and Toni Sacconaghi, it's the robots that can't pump out Tesla's highly anticipated Model 3s fast enough. The whole process is too ambitious, risky, and complicated.