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China, Europe and the United States the specific mix is not public although I'm sure someone has figured it out. Tesla makes batteries basically anywhere they have an assembly line or near one
Gigafactory 1 in Nevada
Gigafactory 2 in Buffalo
Gigafactory Shanghai
Gigafactory Berlin
Gigafactory Texas
Fremont
Tesla also sources batteries from 3rd parties in China. Some locations they use a pilot line or make them in small volume.
That's mostly correct, but one thing to point out is not every facility makes every kind of battery. I don't know it exactly anymore, but it's mostly related to when it was built. Nevada was built to support Model 3 production in Fremont and produces 2170 batteries primarily (only?). Austin makes 4680 since it's newer. Fremont maybe makes the old 61850 batteries for X and S at most. Shanghai makes 2170 batteries for 3/Y as well, but the battery formulation is different. They are actually imported to the US for the cheapest Model 3, which is why that model will no longer qualify for the tax credit soon unless they switch it back to US ones.
Buffalo doesn't make batteries. It was acquired as part of SolarCity so it's solar panel/roof products, but they did start producing the supercharger units there.
Correct they make Megapacks among other things you mentioned. Tesla's goal it to make 4680's in every factory where they build cars. Good news is the factory footprint to make 4680's is much smaller than conventional due to the dry process. Bad news is ramping production and getting energy density where Tesla wants it has been a major thorn in their side.
A correction, napkin math by me said Ford loses $10,000 on every EV I was way off their EV business is operating at a 40% loss. Also an observation: the narrative has completely flipped from legacy auto has a major advantage and will crush Tesla when they start making EVs to, legacy auto will try and catch up to Tesla on cost by 202x year.
Tesla Factory List - Dynamic factories with products - this list is constantly growing and changing; they just added Monterrey and Robstown, TX. The employee numbers are off; for example Fremont displays 10K enployees while the current number is more than twice that.
Tesla, in China, has launched a suicidal price war, leading to several big actors in the market, putting their prices down, Donfeng first but BYD next. Chinese made cars, like Citroën, Audi, Nissan and others, are all desperately trying to keep their production running, and we have seen price drops of 50% and even 60% for the Citroën C6.
Interesting information : Original margin of Tesla is rumored to be around 25%. Meaning 25'000$ for a 100'000$ product. If you don't know, now you know.
BYD is Tesla's biggest competitor, if they can tighten the screw's on them, there's your path to total domination. I'm hoping Tesla's price cuts continue into summer so I can get a cheaper Model Y
Tesla Price Cuts: It Seems Elon Musk Had A Calculated Plan All Along
Despite early conclusions by analysts, it appears Tesla’s price cuts have done anything but show the automaker’s weakness
Some analysts claimed that Elon Musk and Tesla’s sweeping price reductions were a sign of weak demand. However, new data approaching the end of the first quarter shows how the move has actually boosted the automaker’s market share in a few key markets around the world.Recent data from the European Union show that Tesla’s registrations are on the rise across the continent, with the U.S. automaker growing faster in the market in February than any other automaker (via Barron’s). Tesla sold 19,249 units in February, up from just 12,860 during the same month last year — and before the automaker officially opened its German Gigafactory.
Additionally, Tesla saw a market share increase amongst battery-electric vehicles in China and exported from the country in the first two months of the year, as shown in recent data from the China Passenger Car Association. All in all, it appears that Tesla’s price cuts have done anything but show the automaker’s weakness. In fact, most markets seem to indicate the benefits of the price reductions.
Morgan Stanley analyst Adam Jonas also noted in recent weeks that a number of factors have had a positive impact on Tesla and Musk’s strategy and outlook. Jonas considers Tesla the industry’s cost leader, and predicts that Musk’s company will continue to lead on pricing. Currently, Jonas has a ‘Buy’ rating on Tesla’s stock with a $220 price target.
“EV price cuts are not a fad, but a trend,” Jonas said. He went on to describe them as a “deflationary trend,” citing factors including lowered costs on batteries and lithium, as well as improved manufacturing efficiency.
At the time of writing, Tesla’s shares are trading for $191.90 (+$0.09), up 0.05 percent in trading hours on Monday.
Tesla’s move toward cheaper cars is not a brand new development, and it in fact has been a part of Musk’s strategy for the automaker since at least 2006 — when he penned the company’s first Master Plan.
In it, Musk wrote how the company planned to build and sell an expensive car, then use the profits to build a cheaper car, then use the profits from that car to build an even cheaper car, and so on and so forth.
With Tesla’s plans for a new Gigafactory in Mexico and a next-generation vehicle platform, Musk is hoping to even further drive down the cost of manufacturing. As Tesla begins construction on the plant in the coming months, shareholders may be able to expect a more affordable electric vehicle in the next several years — marking off yet another generation of cars from Musk’s 2006 Master Plan
How is that eligible for the $7500 tax credit? MSRP is way more than $55k.
It's a bit of a loophole. The restrictions that apply to individuals don't apply in the same way to commercial buyers like leasing companies, so in the case of a leased car it doesn't matter if the vehicle costs more than the MSRP cap, was not made in North America or if the underlying lease customer exceeds the individual income limits. The leasing company will get the credit, and if they choose they can factor it into the lease deal as though it were customer cash. They could also just keep some or all of it. Some do, some don't (and some will factor it into the lease deal on some of their vehicles but not others).
Last edited by swajames; Mar 29, 2023 at 04:37 PM.
^^ They're aiming for less delivery vans and more dual motors to ramp production. They're claiming a semiconductor shortage in the quads is causing a bottleneck. The dual / Enduro motors apparently have more flexibility in the semiconductors that can be used so they can ramp those up easier.
