Australian automobiles market is currently facing a bad time. General Motors, Holden division, and Toyota have decided to shut down their operations in Australia. In an article on Green Car Reports, Stephen Edelstein said that while the other automobile giants are saying goodbye to Australian markets, Tesla Motors Inc (NASDAQ:TSLA) is planning to hire the new talent from the country. Tesla Motors Inc (NASDAQ:TSLA) has recently start a recruitment campaign in Australia. The electric car maker wants to hire Australian engineers who are well versed in chassis, crash control, crash safety, climate control, body, indoor and many other aspects of car making. The company has rolled out its recruitment announcement on its website.
All the current job openings at Tesla Motors Inc (NASDAQ:TSLA) are for California. Therefore, all the selected candidates will have to move to Australia. The source quoted Gizmodo, which has claimed that Tesla Motors Inc (NASDAQ:TSLA) is going to extend its Australian team which is working at Fremont assembly plant. Tesla Motors Inc (NASDAQ:TSLA) has a lot of endeavors in the coming months and Elon Musk is all beefed up with his new projects.
The curtailment of cars business in Australia is triggered by many factors. High costs, lack of market growth and high price of Australian Dollar are some of the important attributes behind this hampering. Tesla Motors Inc (NASDAQ:TSLA) has started its recruitments after Ford, GM and Toyota officially announced that they are going to shut their operations in 2017. This announcement means that famous car companies will not make any cars in Australia. As a result, the car prices, which are currently at a very low prices in Australia will experience a surge.
Tesla Motors Inc (NASDAQ:TSLA) shareholders includes Daniel Benton’s Andor Capital Management which reported owning 1.25 million shares in the company by the end of the second quarter.