As part of the Model 3 delivery launch for regular customers in China, Tesla has now also officially launched the Model Y program. It is not yet clear when the Model Y will be produced in China, but Tesla has already announced prices and is accepting pre-orders.
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Tesla delivered 112,000 electric cars in the 4th quarter of 2019, of which 92,550 were Model 3 and 19,450 were Model S and Model X. The Californians have thus reached the targeted 100,000 deliveries for the first time, and production has now also reached six figures.
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Tesla has started deliveries of the first Model 3s produced in the Shanghai plant to customers. The first 15 vehicles were handed over to Tesla employees during a special event. According to a Reuters report, regular customers will also receive their vehicles from 7 January onwards.
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Tesla must yet again cope with the departure of a manager. Bert Bruggeman was only appointed Vice-President of Production at Fremont plant one year ago and has now thrown in the towel. Given his unexpected departure, a successor has not yet been announced.
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Tesla has founded a European public limited company called Tesla Manufacturing Brandenburg SE for the operations of its planned plant in Grünheide, Brandenburg. Meanwhile, in China, rumour has it that Tesla already produces 1,000 Model 3s per week at its plant in Shanghai.
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The Chinese Ministry of Industry has recently added Tesla’s locally manufactured Model 3 to its approved subsidy list. This suggests that the sale of the models in China would soon start.
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According to CEO Kazuhiro Tsuga, Panasonic is not currently planning a new battery cell factory for Tesla in China. Officially, however, it remains open whether Tesla will rely on another manufacturer for the Shanghai plant or imported battery cells from Gigafactory 1.
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Tesla has now officially obtained the license to make and sell electric cars at its Gigafactory 3 in Shanghai, China. Meanwhile, the EV maker sent invitations for its “Cybertruck Unveil” – the long-expected pickup-truck in LA.
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After two quarters of losses, Tesla closed the third quarter of 2019 with a profit. While sales were near the level of the previous quarter, the fresh business figures this time show a bottom-line improvement of 143 million US dollars.
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Tesla could deliver more than 100,000 electric cars for the first time this quarter. This was indicated by Elon Musk in an e-mail to employees. It has also been announced that production of the Model 3 will start at the Tesla plant in Shanghai on October 14.
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Tesla will increase its prices in China from Friday of this week, slightly earlier than originally planned, according to media reports. The main focus will probably be on imported vehicles from the USA. But the Gigafactory 3 would also be affected.
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It appears the rumours were true: Tesla will buy batteries from LG Chem for its electric car production in China. Media agencies cite inside sources confirming the deal that would affect both the Model 3 and future Model Y.
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Elon Musk announced in the context of the latest quarterly figure announcement that Tesla co-founder JB Straubel will withdraw from the operational business as Chief Technology Officer and will in future only work in an advisory capacity for Tesla. The new Tesla CTO will be Drew Baglino.
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In the second financial quarter of 2019, Tesla has produced 87,048 cars and delivered 95,356, surpassing all previous quarterly figures and enabling a similarly record-breaking cash flow. CTO, JB Straubel is stepping down after 15 years with the company.
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Tesla has opened the order books in China for the Model 3, which the EV manufacturer will produce in its Shanghai plant, which is still under construction. The first deliveries of the Model 3 from local production are scheduled to start in six to ten months.
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It seems that Tesla may be having a new record quarter in vehicle deliveries. As Elon Musk wrote in an e-mail to employees, there is a good chance that the current quarter will see 90,700 deliveries exceed the record level reached in the fourth quarter of 2018.
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Nikkei suggested yesterday, that Panasonic and Tesla’s plans to increase production capacity for battery cells at Gigafactory 1 have been put on ice due to financial problems at Tesla and uncertainties about future demand. While us and others could but wonder, Panasonic now took a stand that is ambivalent.
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Tesla has secured financing for the first phase of its China plant in Shanghai as it signed credit agreements with Chinese banks for up to 3.5 billion yuan (around 465 million euros).
Weiterlesen Approximately one week after the US sales launch of the 35k Model 3, Tesla has produced around 550 units. In Europe, the availability of the new basic version will take another six months.
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Lishen is under discussion as a possible supplier of battery cells for Tesla’s Gigafactory 3 in Shanghai. Tesla has confirmed a corresponding offer from Lishen but insists they had not signed any agreement yet.
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Tesla has now officially placed the foundation stone for the so-called Gigafactory 3 in China, which will produce both batteries and the electric vehicles in which they will be used in future. The plan is to complete construction by this summer.
Weiterlesen After recording a profit in Q3 of this year, Tesla has filed a follow-up report to the SEC. Their latest 10-Q filing concentrates on further growth, particularly in the areas of production and service infrastructure and Tesla is ready to spend billions.
Weiterlesen Tesla has found the spot to construct the Gigafactory 3 on Chinese soil. A 860,000 sqm plot of land in Shanghai has been secured according to a post the company made on Chinese social media and previous rumours had suggested as much. Still, the deal must be considered groundbreaking in every sense.
Weiterlesen The preparations for Teslas Gigafactory in China are apparently progressing. As Bloomberg reports, Tesla is about to buy land for the factory for 145 million US dollars. A decision by the Shanghai city government to allocate the land to Tesla could already be made this month.
Weiterlesen Tesla is looking for staff for their planned electric vehicle factory in Shanghai just one month after receiving approval to set up shop from Chinese autorities. Most roles posted on the Tesla website are at senior level, reaching from architectural designer to experienced finance manager.
Weiterlesen Elon Musk has been busy in Shanghai as he inked the deal with the city for a new production facility. The construction of Gigafactory 3 is to “begin in the near future,” says Tesla so that they may start making both electric cars and batteries there in two years from now.
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