Note: As of 12/22/22, Tesla upped the offer to $7,500 instant discount plus 10,000 miles of free Supercharging for all buyers who take delivery of a Model 3 or Model Y in December, 2022. This offer is only good for the last 10 days of 2022. With a new year … [continued]
When you are very small, growth percentages can be astronomical. Going from one in your first year to three in the next year to 30 gives growth of 200% and 900%. But after these first few years, 50% growth is considered crazy high. Tesla is now big enough that growth … [continued]
As part of Tesla’s Battery Day festivities, a bold plan was revealed. Tesla will start producing its own batteries by ramping up its new 4680 battery “pilot” factory. Tesla aims to reach 100 GWh of its own production by 2022 — in addition to whatever batteries it can source from Panasonic, LG Chem, and CATL.
Looking at the Q2 shareholder letter, I notice something that is underappreciated. Elon did say on the conference call that they could build better factories faster and for less money than before.
