Report of a whistleblower complaints about Tesla "workers" is not right, those who work on the constructions of the factory are employed by contractors. Whomever the whistleblower is should make it clear whether they are paid directly by the Tesla vs. contractors accounts. Contractors pays their workers and most likely they have a bid for the job and all their workers must agreed to their salaries ahead of getting employed.
In 2022, Tesla sold 1.3 million cars. Toyota sold 10.5 million. But Tesla makes 8 times more profit per vehicle sold than Toyota does. That's why Elon Musk is one of the wealthiest individuals in the world: he over-prices his product, and many people believe that the more something costs, the more valuable it is. It's basic marketing.
Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of. It's not surprising negative market sentiment is so high now. We really need help tovsurvive in this Economy.
I agree with you and I believe that the secret to financial stability is having the right lnvestment ideas to enable you earn more money, I don't know who agrees with me but either way, I recommend either real estate or crypto and stocks
Regardless of all, lnvesting in crypto markets trading still remains one of the best ways of getting out of poverty and obtaining financial freedom in this global economy pandemic
The best strategy to use in trading crypto is to trade with a professional, like Olivia Jersey she understand the market quite well, that way maximum profits are guaranteed.
I'm honestly surprised that Olivia Jersey's name is being mentioned here, I stumbled upon one of her clients testimony last two months in CNBC world news and decided to try him out...I'm Expecting my third cash out in 2days
Working conditions during the construction of the factory does not reflect on Tesla. That is likely the contractors problem. Tesla doesn't specialize in construction.
I don't know, watching how most of Twitters European employees have just been fired because they didn't click a yes or no answer on an ethically questionable pledge over extreme working hours is making me question my support of musk right now.
Why u think musk and his people aren't pushing the project managers to those ends? Because I'm sure they are, this dude don't give 1 fuck about safety in any of his ventures
@@joshlewis575 Do you know about contractors or work for that matter? Why would Elon stick his nose where it doesn't belong? It's bad for business and its not his responsibility. He is running his own businesses not training others to run theirs. Clearly CNN is rotting your brain because the left lost control of the propaganda on Twitter. Sad
@@SamHarrisonMusic Hahahaha!! Musk wants staff who actually want to work for him, not entitled Gen Z'ers who want yoga rooms, free meals, emotional support animals and being allowed to work from their own beds. He's been culling the herd and the "work till you drop" ultimatum was likely the last phase, separating the sheep from the goats as it were. Three months' pay for redundancy sounds pretty generous to me, too. Strange, isn't it, how Twitter seems to be ticking over quite happily with over half the employees gone. Dead wood, and good riddance.
@@xmfclick Hmmm. In my experience of Gen Z'ers, as you put them, at least in my country they are facing an environment where they are paying exorbitant fees for education where as their parents got it for free, can't afford a house because their parents generation bought up the housing stock and are renting them back to them, and are forced to work irregular hours on zero hours contracts (due to the slackening of workers rights) making it almost impossible for them to pay that rent their landlords are charging them. I think they are some of the most patient and laid back people in the world, I'm constantly amazing there aren't riots in the streets with the disgusting way these kid's are being treated. I've never met a Gen Z'er who wants a yoga room or an emotional support animal, I think they're too busy fighting their employers for the work hours they were contractually promised. Kids fighting for the opportunity to work. Now, I've followed Elon Musk and sung his praises for the developments in tech he's produced, he's done some really vital work for humanity. But I'm smart enough that I'm not going to be on the bandwagon while he's trashing workers rights at a tech firm where, quite frankly, most Twitter users didn't see anything wrong with the platform. Tesla also has a history of accusations of employee rights abuses that super fans would rather ignore. Don't make the mistake of hero worshipping, brilliant men make cock ups, and it seems Elon Musk is making a lot of cock ups right now. Twitter needs layoffs, but this is very much the wrong way to do them. A button click from an email is not how to fire employees. In my life experience, in battles between rich employers and employees over rights, it's very rarely the employees screwing the companies - the fact that you project all these stereotypes onto the twitter staff is telling a lot about you.
To be clear these are not forests which are multi-species and environmentally beneficial, they are monoculture plantations which are single species and environmentally detrimental.
how do you go from saying, they produced more cars than they could deliver because there weren't enough planes train and automobiles to get them to their destinations to " there wasn't enough demand" those are very contradictory statements.
These aren’t mutually exclusive. There wasn’t enough transportation and the demand in China was lower than anticipated. Tesla lowered price driving demand back up but transportation is still a issue.
@@richb2229 On the contrary, demand in China was very high, so much so that Tesla increased their prices in order to damp down demand and avoid unfeasibly long waits for delivery. This combined with much of the China production going abroad. Now that Texas and Berlin are coming on stream more Chinese output is staying in China, wait times are coming down, and Tesla have returned their prices to where they were at the beginning of the year. Plus they have ditched the policy of trying to boost deliveries towards the end of each quarter in order to please Wall Street, which will have an effect on the delivery numbers. Everything is going according to plan.
I expect growth to track fairly closely to the average 50 percent per year. in 2023, that would put the total at about 2.1 to 2.2 million vehicles. With the loss of subsidies and recession in China, Tesla will have to work hard to find 'transportation objects' to get the vehicles into the hands of buyers.
I disliked this video very much. You said NOTHING about Fremont. It is the only factory that builds all four of Tesla's current offerings. It is where Tesla got its start and is the most productive and efficient automotive manufacturing plant in North America. Why did you ignore this most important part of the Tesla story? Are you yet another California hater? And, yes, I live in California and I am very proud of my adopted home state. Don Wise Orange County, California
Just so you know. I unsubscribed and stopped watching the video when you said that Elon wasted money on buying Twitter. I think free speech is important and it wasn't a waste one bit.
... oh really ... free speech? It coincides with his announcement that he going to vote Republican from now on. Not free speech my friend. He's meddling ... period.
100% Free Speech Advocate, as long as it's 100% what I agree with or I unsubscribe🤔. Twitter will be one of Elon's greatest investments, others I respect may disagree.
China has been the largest car market in the world since 2009. In 2021, 25 million cars were sold in China whereas only 15 million cars were sold in the U.S. China is also the largest EV market and accounts for over 60% of the world's sales. Tesla Shanghai is the most productive and profitable factory for Elon Musk. In fact, he is sending 200 engineers from Tesla Shanghai to Fremont to upgrade and to increase its production. I am sure Elon Musk will listen to your advice.
For me , tesla only needs to ramp up the production at giga texas and giga berlin ( and make that 25,000$ car ) to become a big rival to toyota ( fossil fuel )
@@jasonshortphd unless you’re an NPC who believes everything the media tells you what exactly is your proof that Twitter is worse off now than it was before he bought it?
Elon Musk ... my former hero. When will this man behave like an adult? How sad what he has become ... he's an uncontrollable troll. Steve Jobs didn't do as many companies, but he had more class in his pinky than Musk.
@@MrGreglarry Would you name some of your more noteworthy accomplishments, and the resources at your disposal? That way we can compare apples to apples. Thanks in advance. Oh, who are some of your current heroes? Cheers.
You can build millions but with the overall economy tanking the way it is you got to get rid of them. I think it was a mistake to start producing another expensive vehicle like the Cybertruck and should of built the more affordable $25,000 model that will sell world wide, where as the Cybertruck will pretty much build for North America. I will like to see how the presold CT goes or how many will pull out when it comes time to sign on the line.
CyberTrucks are reserved not "presold" and so far there are over one and a half million reservations in their database. Even half those reserved the spots were to drop out and lose their deposits, there are many who's been waiting and willing to wait however long or what the pricing maybe and I am one of those. Been waiting for few years and I don't care what they will charge, I'll be getting my CT.
Toyota and Honda are sleep walking into the future. They are looking to the past and projecting it forward. EV adoption is accelerating every year. Exponential not linear. The only limiting factor is batteries. The number of electric vehicles and types of vehicles and trucks is growing. Electric vehicles are just better. No noise, no emissions, less fuel costs, less maintenance costs and amazing technology. Gasoline and diesel are OLD polluting technology. PHEVs still have a gasoline engine polluting the environment. Toyota and Honda will be late to the party. It will cost them market share, market value and future customers. There is a Climate Crisis. Young people will not buy petrol and diesel vehicles that add to the Climate Crisis.
@@Mallchad And EVs are still cleaner than fossil fueled vehicles. So that should tell you something. The grid is getting cleaner and using more renewable wind and solar energy every year.
@@Mallchad Compare that with the extraction, refining and delivery of oil, natural gas and coal as well as the materials to build an internal combustion vehicle. EVs are much cleaner. If you want to be even better ride a bicycle for most short distance travel.
@@KJSvitkoDo you want to provide some numbers for that? It's significantly more impactful to build and transport a car than to use an existing one. There is also exhaust filters... There is also biofuel cars... There is also carpool... Building new will *always* have more impact than using existing things, especially in large quanities. We don't even *have the infrastructure* to charge electric vehicles.
So Shanghai Tesla factory makes about 1million Teslas a year, and it does that with or without the fancy gigapress? The video shows bots welding a stamped metal bits together so I am assuming it does it without gigapress?
Not On Track For 50% Autos Growth For Tesla to continue to grow autos at their stated 50% annual growth rate they should be building three new factories or started on construction of expansion of existing factories 12 months ago. It took 24 months to build Giga Texas and then 18 months to ramp up production (Giga Texas will only be at 250,000 cars after 12 months of ramp) . We don’t even have an announcement of the location of a new factory so their 50% increase in auto production will fail in two years. Doing the math on 50% growth proves the point: 2022 production will likely end up at 1.4M vehicles Plus 50% = 2.1M required in 2023 - will achieve as the run rate is approaching this end of 2022 Plus 50% = 3.1M required in 2024 - will achieve as Berlin and Austin can add 500,000 each Plus 50% = 4.7M required in 2025 - fails here; big jump year over year now; will need 3 new factories or major expansion and ramped and running by January, 2025. Plus 50% = 7.1 M required in 2026 - impossible So, for 2025 we can see Tesla will need three new factories or expansion of existing factories ramped up to an additional 500,000 vehicles at the start of 2025. Starting now (Nov 2022) it takes 24 months to build, takes us to November 2024, then 18 mos. to ramp production, takes us to May 2026. So, this is where they fail as they need three new factories completed and ramped up by start of 2025, only two years and one month away! Why no one is talking about this is amazing. They are already 1.5 years behind. This will become apparent to investors probably at the mid or end of 2023. I was a long time Tesla bull, but I am selling most of it now.
Your math looks correct, assuming 50% growth. But how many years into the future is Tesla seriously planning on 50% growth? It's unreasonable to expect that level of growth to continue. Musk says he hopes the whole EV industry expands, which means his market share must shrink. I think you are right that they will need to build several new factories around the world, but ensuring that batteries and the materials to make them are available, and infrastructure is improved, must come before production can continue to expand (not just for Tesla, but industry-wide.) Once batteries, etc. are ensured, Tesla might well build one factory a year up to 10 or so total. That would satisfy me. As for selling TSLA, unless one bought early (and cheap), I'd hold for now. Their fundamentals are sound and of course the current marketwide downturn will reverse. Buy when low, sell when high. I'm in for the long term, so for now I'm watching and waiting it out. Don't forget that Tesla is not only a car company. They are into AI & Dojo, FSD, robots, energy storage, solar collection, lithium refining, etc. If half of those things pan out, as I expect some will, Tesla will be huge and cars will be just one part of it.
I’m glad you focus on production and engineering, I don’t go to any of the sites that discuss share price.
OMG he has way more stuff than I ever thought. Well... good for him.
Sooner then anybody else as they have demonstrated many times before. GO TESLA!!!!!!!!
One of the few channels without clickbaity titles. I like it. I like it a lot.
Subbed.
Best Tesla channel on RUclips. Great production on the videos - informative and well-researched!!
He makes a bigger fool of himself with every video he post. His research is terrible.
@@bobbybishop5662 LOL - you are right Bobby Bot Bishop!
@@crabkillaAre you really that dumb.
@@bobbybishop5662 Yes, Bobby Bot, I am. Are you really smart or something?
@@crabkilla I'm smart enough to know what bot post look like . Evidently you fall short on that.
You left out the Fremont factory production.
hi
sir how about here in phillipines
Report of a whistleblower complaints about Tesla "workers" is not right, those who work on the constructions of the factory are employed by contractors. Whomever the whistleblower is should make it clear whether they are paid directly by the Tesla vs. contractors accounts. Contractors pays their workers and most likely they have a bid for the job and all their workers must agreed to their salaries ahead of getting employed.
Twitter was a great purchase.
9:21 50 GwH
Thanks great video
In the Netherlands there are more Tesla's on the road than Toyota's. They have succeeded, Tesla is bigger than any other brand at the moment.
not in Germany though
In 2022, Tesla sold 1.3 million cars. Toyota sold 10.5 million. But Tesla makes 8 times more profit per vehicle sold than Toyota does. That's why Elon Musk is one of the wealthiest individuals in the world: he over-prices his product, and many people believe that the more something costs, the more valuable it is. It's basic marketing.
Clearing the forest not good. Trees/forests are lungs of the earth
Fantastic !
Good one
Lots of production equipment/machinery has been going into the cathode plant for quite a while now. Very impressive build.
❣️
Ignore the report. Progress comes at a cost
You earned my subscription
check the electrified site!
thanks Evan!
Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of. It's not surprising negative market sentiment is so high now. We really need help tovsurvive in this Economy.
I agree with you and I believe that the secret to financial stability is having the right lnvestment ideas to enable you earn more money, I don't know who agrees with me but either way, I recommend either real estate or crypto and stocks
Regardless of all, lnvesting in crypto markets trading still remains one of the best ways of getting out of poverty and obtaining financial freedom in this global economy pandemic
The best strategy to use in trading crypto is to trade with a professional, like Olivia Jersey she understand the market quite well, that way maximum profits are guaranteed.
I'm honestly surprised that Olivia Jersey's name is being mentioned here, I stumbled upon one of her clients testimony last two months in CNBC world news and decided to try him out...I'm Expecting my third cash out in 2days
I have heard a lot about Investments with Olivia Jersey, how good she is and how she has helped People. Please how safe are the profits?
Working conditions during the construction of the factory does not reflect on Tesla. That is likely the contractors problem. Tesla doesn't specialize in construction.
I don't know, watching how most of Twitters European employees have just been fired because they didn't click a yes or no answer on an ethically questionable pledge over extreme working hours is making me question my support of musk right now.
Why u think musk and his people aren't pushing the project managers to those ends? Because I'm sure they are, this dude don't give 1 fuck about safety in any of his ventures
@@joshlewis575 Do you know about contractors or work for that matter? Why would Elon stick his nose where it doesn't belong? It's bad for business and its not his responsibility. He is running his own businesses not training others to run theirs. Clearly CNN is rotting your brain because the left lost control of the propaganda on Twitter. Sad
@@SamHarrisonMusic Hahahaha!! Musk wants staff who actually want to work for him, not entitled Gen Z'ers who want yoga rooms, free meals, emotional support animals and being allowed to work from their own beds. He's been culling the herd and the "work till you drop" ultimatum was likely the last phase, separating the sheep from the goats as it were. Three months' pay for redundancy sounds pretty generous to me, too. Strange, isn't it, how Twitter seems to be ticking over quite happily with over half the employees gone. Dead wood, and good riddance.
@@xmfclick Hmmm. In my experience of Gen Z'ers, as you put them, at least in my country they are facing an environment where they are paying exorbitant fees for education where as their parents got it for free, can't afford a house because their parents generation bought up the housing stock and are renting them back to them, and are forced to work irregular hours on zero hours contracts (due to the slackening of workers rights) making it almost impossible for them to pay that rent their landlords are charging them. I think they are some of the most patient and laid back people in the world, I'm constantly amazing there aren't riots in the streets with the disgusting way these kid's are being treated. I've never met a Gen Z'er who wants a yoga room or an emotional support animal, I think they're too busy fighting their employers for the work hours they were contractually promised. Kids fighting for the opportunity to work.
Now, I've followed Elon Musk and sung his praises for the developments in tech he's produced, he's done some really vital work for humanity. But I'm smart enough that I'm not going to be on the bandwagon while he's trashing workers rights at a tech firm where, quite frankly, most Twitter users didn't see anything wrong with the platform. Tesla also has a history of accusations of employee rights abuses that super fans would rather ignore. Don't make the mistake of hero worshipping, brilliant men make cock ups, and it seems Elon Musk is making a lot of cock ups right now. Twitter needs layoffs, but this is very much the wrong way to do them. A button click from an email is not how to fire employees. In my life experience, in battles between rich employers and employees over rights, it's very rarely the employees screwing the companies - the fact that you project all these stereotypes onto the twitter staff is telling a lot about you.
Тесла канкурирует с синий люсид ээр
One interesting number was the level that the china factory blows away all the factories . That tells you a lot.
To be clear these are not forests which are multi-species and environmentally beneficial, they are monoculture plantations which are single species and environmentally detrimental.
how do you go from saying, they produced more cars than they could deliver because there weren't enough planes train and automobiles to get them to their destinations to " there wasn't enough demand" those are very contradictory statements.
These aren’t mutually exclusive. There wasn’t enough transportation and the demand in China was lower than anticipated. Tesla lowered price driving demand back up but transportation is still a issue.
@@richb2229 On the contrary, demand in China was very high, so much so that Tesla increased their prices in order to damp down demand and avoid unfeasibly long waits for delivery. This combined with much of the China production going abroad. Now that Texas and Berlin are coming on stream more Chinese output is staying in China, wait times are coming down, and Tesla have returned their prices to where they were at the beginning of the year. Plus they have ditched the policy of trying to boost deliveries towards the end of each quarter in order to please Wall Street, which will have an effect on the delivery numbers. Everything is going according to plan.
Just putting this many batteries out there is bad enough, we barely manage to handle and deal with the one battery cars have now!!
Nice Video. Buy more TESLA retire early.
Please consider doing a follow up video in another year.
Next yr
2025. All their current gigafactories will be producing at sustained high rates and they'll have between 2-3 new ones ramping up.
👍🏽👍🏽👍🏽
Giga Texas, in two years making cars. Fords Blue Oval 5 years. What's wrong with this world.
1700 per week is great? lol :D
Itsyetesla
Yah I'll get my Tesla news elsewhere from now on. Cheers
👋
I expect growth to track fairly closely to the average 50 percent per year. in 2023, that would put the total at about 2.1 to 2.2 million vehicles. With the loss of subsidies and recession in China, Tesla will have to work hard to find 'transportation objects' to get the vehicles into the hands of buyers.
Your posts are good and people do watch it, so why frame those clickbate headlines !! 😒
Elon is the goat
Elon Musk is a petulant child. So sad.
🤓
Competition is not bad. It will force the needed $25,000 ev from tesla we need.
I disliked this video very much. You said NOTHING about Fremont. It is the only factory that builds all four of Tesla's current offerings. It is where Tesla got its start and is the most productive and efficient automotive manufacturing plant in North America.
Why did you ignore this most important part of the Tesla story?
Are you yet another California hater?
And, yes, I live in California and I am very proud of my adopted home state.
Don Wise
Orange County, California
Hey Don, we love California it’s just not technically a new generation ‘Giga Factory’ which was the focus of this video
Синяя люсид ээр наступает на пятки тесле
Just so you know. I unsubscribed and stopped watching the video when you said that Elon wasted money on buying Twitter. I think free speech is important and it wasn't a waste one bit.
Musk has the mental station on a 12-year-old. So sad.
... oh really ... free speech? It coincides with his announcement that he going to vote Republican from now on. Not free speech my friend. He's meddling ... period.
Yeah let's give the haters another platform. Free speech my arse.
Can't take any criticism of the Cult leader. No one's perfect. There's no need to be so thin skinned.
100% Free Speech Advocate, as long as it's 100% what I agree with or I unsubscribe🤔. Twitter will be one of Elon's greatest investments, others I respect may disagree.
They will get the next year 2023🤠😎
first
Is your boyfriend impressed? Nobody else cares.
Same info over and over again. It's getting old
🤣🤣🤣
Tesla China needs to be moved to better Asian nation like in Vietnam or Malaysia.
China has been the largest car market in the world since 2009. In 2021, 25 million cars were sold in China whereas only 15 million cars were sold in the U.S. China is also the largest EV market and accounts for over 60% of the world's sales. Tesla Shanghai is the most productive and profitable factory for Elon Musk. In fact, he is sending 200 engineers from Tesla Shanghai to Fremont to upgrade and to increase its production.
I am sure Elon Musk will listen to your advice.
No plans for M3?
For me , tesla only needs to ramp up the production at giga texas and giga berlin ( and make that 25,000$ car ) to become a big rival to toyota ( fossil fuel )
So when is the "Update" on the NEW Gigafactory". Elon said he would anounce by the end of this year.
How about properly pronouncing the name of the state of Nevada?
your flippant twitter comment was so cringe.
?
It wasn’t cringe - if anything it was restrained. Twitter is a train wreck. Tesla stock will be impacted, terrible.
Found the Musk bootlicker!
@@jasonshortphd unless you’re an NPC who believes everything the media tells you what exactly is your proof that Twitter is worse off now than it was before he bought it?
@@tracyrreed and you would be the one person who believes mainstream media whatever they tell you without proof?
Why arent You experimenting with color changing paint that changes color with different electrical wattages???
Who are you talking to?
@Let’s Go Darwin 👽 #DIYgfys youtube tied channel I'm referring to Chris Poole. He doesn't have subscribers on this channel.
Elon Musk ... my former hero. When will this man behave like an adult? How sad what he has become ... he's an uncontrollable troll. Steve Jobs didn't do as many companies, but he had more class in his pinky than Musk.
What have you accomplished that benefits the planet??
@@StephanRaubenheimer Plenty with my resources. Musk needs to grow up.
@@MrGreglarry Would you name some of your more noteworthy accomplishments, and the resources at your disposal? That way we can compare apples to apples. Thanks in advance. Oh, who are some of your current heroes? Cheers.
You can build millions but with the overall economy tanking the way it is you got to get rid of them. I think it was a mistake to start producing another expensive vehicle like the Cybertruck and should of built the more affordable $25,000 model that will sell world wide, where as the Cybertruck will pretty much build for North America. I will like to see how the presold CT goes or how many will pull out when it comes time to sign on the line.
Cybertruck as new segment will have buyers and sell out.
They're battery constrained. Cybertruck has higher margins than a $25K vehicle.
CyberTrucks are reserved not "presold" and so far there are over one and a half million reservations in their database. Even half those reserved the spots were to drop out and lose their deposits, there are many who's been waiting and willing to wait however long or what the pricing maybe and I am one of those. Been waiting for few years and I don't care what they will charge, I'll be getting my CT.
Considering the many new features in the CT, it will sure be a best seller.
Toyota and Honda are sleep walking into the future. They are looking to the past and projecting it forward.
EV adoption is accelerating every year. Exponential not linear. The only limiting factor is batteries.
The number of electric vehicles and types of vehicles and trucks is growing.
Electric vehicles are just better. No noise, no emissions, less fuel costs, less maintenance costs and amazing technology. Gasoline and diesel are OLD polluting technology. PHEVs still have a gasoline engine polluting the environment. Toyota and Honda will be late to the party. It will cost them market share, market value and future customers. There is a Climate Crisis. Young people will not buy petrol and diesel vehicles that add to the Climate Crisis.
50% of the greenhouse gas emissions from electric cars come from manufactering bud.
They are also generally powered by some 40% coal and gas
@@Mallchad And EVs are still cleaner than fossil fueled vehicles. So that should tell you something. The grid is getting cleaner and using more renewable wind and solar energy every year.
@@KJSvitko I wouldn't exactly call the billions of tonnes of CO2 emitter for ore extraction and heavy metal refinery "clean"
@@Mallchad Compare that with the extraction, refining and delivery of oil, natural gas and coal as well as the materials to build an internal combustion vehicle. EVs are much cleaner. If you want to be even better ride a bicycle for most short distance travel.
@@KJSvitkoDo you want to provide some numbers for that? It's significantly more impactful to build and transport a car than to use an existing one.
There is also exhaust filters... There is also biofuel cars... There is also carpool...
Building new will *always* have more impact than using existing things, especially in large quanities. We don't even *have the infrastructure* to charge electric vehicles.
Its a ugly car & truck!
Noob
So Shanghai Tesla factory makes about 1million Teslas a year, and it does that with or without the fancy gigapress? The video shows bots welding a stamped metal bits together so I am assuming it does it without gigapress?
Its not 1 million, something like 750K.
Number of car companies in U.S.A 3
China has over 300 and the government demanded they bring that number to half
Elizabeth Holmes --> Trevor Milton --> Sam Bankman-Fried --> Elon Musk
What are you smoking?
Or are you just brainwashed?
How?
…Fried --> -Elon Musk- FedWatcher
I look forward to seeing State of the Art Commercials for TESLA during Sporting events etc...there is 0 ad's budget...
2:58 Those were all rear castings...
Great overview of the Tesla story to date. Thank you!
Wow wow wow wow good Tnx brothers business ok thanks good
Not On Track For 50% Autos Growth
For Tesla to continue to grow autos at their stated 50% annual growth rate they should be building three new factories or started on construction of expansion of existing factories 12 months ago. It took 24 months to build Giga Texas and then 18 months to ramp up production (Giga Texas will only be at 250,000 cars after 12 months of ramp) . We don’t even have an announcement of the location of a new factory so their 50% increase in auto production will fail in two years.
Doing the math on 50% growth proves the point:
2022 production will likely end up at 1.4M vehicles
Plus 50% =
2.1M required in 2023 - will achieve as the run rate is approaching this end of 2022
Plus 50% =
3.1M required in 2024 - will achieve as Berlin and Austin can add 500,000 each
Plus 50% =
4.7M required in 2025 - fails here; big jump year over year now; will need 3 new factories or major expansion and ramped and running by January, 2025.
Plus 50% =
7.1 M required in 2026 - impossible
So, for 2025 we can see Tesla will need three new factories or expansion of existing factories ramped up to an additional 500,000 vehicles at the start of 2025. Starting now (Nov 2022) it takes 24 months to build, takes us to November 2024, then 18 mos. to ramp production, takes us to May 2026. So, this is where they fail as they need three new factories completed and ramped up by start of 2025, only two years and one month away! Why no one is talking about this is amazing. They are already 1.5 years behind. This will become apparent to investors probably at the mid or end of 2023. I was a long time Tesla bull, but I am selling most of it now.
Your math looks correct, assuming 50% growth. But how many years into the future is Tesla seriously planning on 50% growth? It's unreasonable to expect that level of growth to continue. Musk says he hopes the whole EV industry expands, which means his market share must shrink. I think you are right that they will need to build several new factories around the world, but ensuring that batteries and the materials to make them are available, and infrastructure is improved, must come before production can continue to expand (not just for Tesla, but industry-wide.) Once batteries, etc. are ensured, Tesla might well build one factory a year up to 10 or so total. That would satisfy me.
As for selling TSLA, unless one bought early (and cheap), I'd hold for now. Their fundamentals are sound and of course the current marketwide downturn will reverse. Buy when low, sell when high. I'm in for the long term, so for now I'm watching and waiting it out.
Don't forget that Tesla is not only a car company. They are into AI & Dojo, FSD, robots, energy storage, solar collection, lithium refining, etc. If half of those things pan out, as I expect some will, Tesla will be huge and cars will be just one part of it.