Tesla will be slashing orders for parts from the Taiwan-based auto component manufacturer Hota Industrial Mfg. Company by around 40% from December onwards, according to reports from Economic Daily News.
A number of automotive industry supplier execs were recently quoted by Reuters as saying that Tesla’s new Model 3 production timeline — 100,000 Model 3s in 2017 and 400,000 in 2018 — would be hard to achieve and “potentially costly.” To reiterate an oft-stated point here though, the Model 3 … [continued]
It’s no secret: Tesla is aiming to very quickly ramp up its production capacity, and a big part of that is its suppliers and their own production capacity. With the “final” Model 3 design just getting completed, a big next step is figuring out exactly who will be supplying all … [continued]
