Earlier in March, Tesla had to halt production at the factory for two days due to COVID testing.
The total and partial shutdowns for Tesla Shanghai and suppliers will make it difficult to determine if Tesla is outperforming in Q1 (Jan, Feb, March) production with an abundance of batteries.
Another 1 day Tesla Shanghai shutdown and partial COVID shutdowns for last 3 days of the month. We do not get a good read of what is happening with additional Tesla Shanghai ramp. With the shutdowns anything over 180k for Shanghai and over 330k for the quarter is positive. Before this latest shutdown and just the two day earlier shtudown, I would have said 338k+ and 186k for Shanghai was pretty good. There is still a potential 8+k surprise. It will be easier to see in April or May if Tesla China’s monthly production pushes to 75k+ to see if the rumors of 90-95k monthly production capacity are true.
SOURCES- Bloomberg
Written by Brian Wang, Nextbigfuture.com
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.
In most countries almost everyone has had it. Only China succeeded in stamping covid out completely. Which is now coming back to bite them.
Saw a video of parents being separated from their young children by flash lockdowns and people being stuck in their buildings or worse, in public bathrooms etc, unable to leave. China has gone full distopian. What a horrible country, zero freedom. The CCP has got to go.
You also need to talk about the dumb move of building the Berlin Giga factory. And many more are coming, some of them are not going to be economically viable also only serving the whims of a delusional mind…
https://www.thestreet.com/investing/why-elon-musks-berlin-gigafactory-was-a-dumb-move?puc=yahoo&cm_ven=YAHOO
But I thought everyone in China was vaccinated. What gives?
Quite remarkable. Almost makes me wonder what percentage of the world's population has never had any Covid variant over the last 2.5 years. Must be down to the bare majority at this point.