Posted on 09/23/2021 12:44:13 PM PDT by SunkenCiv
The Asian bomb has exploded, Tesla Giga Shanghai is shipping cars abroad.
Tesla’s cars are fast, but they’re snails compared to the team that built the electric carmaker’s factory in SHANGHAI, CHINA—the company’s first Gigafactory outside of the United States.
The project signals ambition at Tesla that goes beyond China. CEO Elon Musk has described the Shanghai factory as the automaker’s “TEMPLATE FOR FUTURE GROWTH.” Tesla Gigafactory Shanghai could very well be Tesla’s ace-in-the-hole this year, thanks to the rapid ramp of its Model 3 and Model Y production.So HOW STRATEGICALLY IMPORTANT IS GIGA SHANGHAI FOR TESLA?Tesla recently said that it has shifted its [focus?] from Fremont Factory to Gigafactory Shanghai, and Tesla’s July results in China are confirming that.
“Due to strong U.S. demand and global average cost optimization, we have completed the transition of Gigafactory Shanghai as the primary vehicle export hub.”
While Gigafactory Shanghai was originally only supposed to produce vehicles for LOCAL DEMAND, Tesla surprised itself with how fast it was able to ramp up production at the plant.
The automaker achieved an annualized production capacity of 450,000 electric vehicles at Gigafactory Shanghai within two years of starting production at the new factory.
It enabled Tesla to start exporting vehicles from the factory to other markets – reducing the exportation load out of the FREMONT FACTORY, which can now focus more on local demand.
This shift is becoming clear with the release of TESLA’S JULY RESULTS in China.
The Asian bomb has exploded, Tesla Giga Shanghai is shipping cars abroad.
(Excerpt) Read more at youtube.com ...
Yup, the battery / photovoltaic plant in Nevada is only at 30% of projected capacity. Battery manufacturing has been getting included in the vehicle plants. The Austin plant (phase 1) is nearing completion, and even before the structure is done, part of the production will start to ramp.
https://www.youtube.com/user/peterdog15/videos
The Chinese government will never allow Teslas to be sold in quantity in China as long as there is any domestic, CCP controlled alternate. The fraudulent “recalls” the CCP ordered for Teslas recently was designed to wreck their reputation internally and a shot across the bow to keep Musk focused on exports from China not sales in China.
My point was they will shift production to lower cost areas. If not now, then definitely in the future when declines in production are needed.
“Musk has said the Model 3’s body and drive unit should be able to last for a million miles,...”
He’s a lying sack of grifter crap.
UK of course — Brexit it makes it more likely, not less.
https://www.google.com/search?q=tesla+in+somerset
Uh, no.
Why again did taxpayers give this grifter billions of dollars?
“What it means is that production in the US will decline in the future.”
It means that production will shift from one Communist regime (California) to another (China).
Tesla sold 32,968 China-made vehicles in July, local sales plunged m/m
Reuters
https://www.reuters.com/business/autos-transportation/tesla-sold-32968-china-made-vehicles-july-cpca-2021-08-10/
[Tesla’s building more, but exporting more as well; odd spin in the articles about this, considering the Chinese economy has been a tad off]
LOL.
Still taking billions from US Taxpayers to find that POS? Yep. maybe his CCP/ChiComm pals will take-up the slack.
Try running one of those comical junkers in the Northeast, Midwest or Florida for “a million miles”. Won’t happen.
that’s tax credits, they SELL carbon credits on the market
Tesla electric vehicle regulatory credits explained - CNBC
https://www.cnbc.com › 2021/05/18 › tesla-electric-veh...
May 18, 2021 — As Tesla only sells electric cars, it receives these credits for free and can sell them at a huge profit to other automakers who can’t meet ...
I hope the population understands where the electricity to power the Teslas comes from.
Never mind, I know, Unicorns.
Pooping Skittles.
5.56mm
By Sean O’Kane@sokane1 Jul 26, 2021, 4:35pm EDT
Tesla sold enough cars and energy products to turn a profit even without counting the sale of emissions credits to other automakers — a milestone for the company. This was the eighth profitable quarter in a row for Tesla,.......
the CCs are gravy
We did keeping Tesla alive. Early on, the company received $465 million from the government’s Advanced Technology Vehicles Manufacturing (ATVM) Loan Program. The funds helped Tesla develop the Model S, a luxury vehicle with a price tag starting at $68,000 back in 2017.
Elon Musk’s growing empire is fueled by $4.9 billion in government subsidies
https://www.latimes.com/business/la-fi-hy-musk-subsidies-20150531-story.html
Waaaah.
You’re talking out of your ass.
He’s a lying sack of grifter crap.
Aren’t we all? I mean, everyone except me and you./s
You and I’ve never “borrowed” billions from US Taxpayers to finance a shitbox EV and other quasi-worthless ventures, have we? I sure haven’t. He’s a grifter, like the Klintoons etc.
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