Elon Musk has an ambitious goal for 2030 for Tesla. He wants the US automaker to be producing 20 million vehicles a year by the end of 2030. For some context, Tesla’s current production and delivery rate is just above a million cars a year. Zooming out and looking at … [continued]
An enhanced footprint has the potential to reverse a longstanding pattern in the area of situating polluting industrial projects near low-income communities of color. The negative impacts on human and environmental health have been substantial.
Tesla continues to rapidly expand throughout the world, and despite two new gigafactories having opened earlier this year (in Germany and Texas), the automaker’s already looking at where to build next. In the long term, it’s difficult to predict how many production facilities Tesla could build, but CEO Elon Musk … [continued]
Tesla held its annual meeting of stockholders at its Austin, Texas factory on Thursday. The meeting invited shareholders to join in person, in addition to over 300,000 viewers who watched the event virtually. The meeting addressed 13 proposals, five of which were introduced by the board of directors — and one of … [continued]
In the pics above, you can see the Tesla Giga Texas factory, which includes an automated 4680 battery production facility. This is the second Tesla 4680 battery factory. The first one is the prototype 4680 factory in Fremont, California. The prototype factory in California has surpassed a million 4680 cells … [continued]
While many in the West have decided the Covid-19 pandemic is over, Shanghai was on lockdown for much of the second quarter, and that cut into Tesla production and revenue significantly since that’s where about half of Tesla vehicles are produced. Nonetheless, clawing its way through, the company made a … [continued]
Tesla will soon be putting out its Q2 2022 shareholder letter. Deliveries were not spectacular relative to the previous couple of quarters due to supply chain challenges, Covid-19 lockdowns, wars, etc. However, the quarter ended with a record month for production output, and that’s likely just the beginning of more … [continued]
Even with Tesla’s newly completed Gigafactories in Berlin and Shanghai, the automaker is working to expand production even further. Over the next month or so, Tesla plans to significantly increase production at both of these plants, but the automaker may have to take a costly production break to upgrade the … [continued]
Tesla’s Global Vice President, Grace Tao, recently said that half of Tesla’s global deliveries come from Tesla’s Gigafactory in Shanghai, Pan Daily reports. The statement came as part of an online speech at the opening ceremony of the Third Qingdao Multinationals Summit that took place on Sunday. Tao also said … [continued]
COVID-19 forced many automakers and suppliers to shut down in China last month, and many of them are just beginning to ramp up production after the long break. That said, another production pause has taken place again. Nevertheless, amidst the surge in cases, Tesla was actually one of a handful of companies the city of Shanghai worked … [continued]
