Tesla’s Q1 2021 earnings call had several statements which indicate that Tesla is targeting the production of 2 million cars in 2022. Tesla expects to sell over 500,000 Model 3 in 2022. Tesla could exceed this target with 600k-700k Model 3. Tesla said they expect the Model Y to be the top-selling car (by revenue …
Solid-State batteries have been difficult to make but would have many benefits if they are mass-produced. * faster charging times * increase energy density up to 2 to 8 times * Range of 500-800 km * 1 liter per kwh versus 4 liters per kwh in a current Tesla Model 3 * no fire risk …
Elon Musk said that the Model 3 was the top-selling luxury sedan in the world in Q1 2021. Model 3 outsold combustion engine cars. Elon Musk said that Model Y will become the top-selling car of any kind in 2022. The Ford F-150 had 787,000 sales in the US in 2020. Toyota sold about 1.5 …
On Tesla’s 2020 Battery Day, Elon Musk made the case that there will be a 35 terawatt-hour per year battery market if the world electrifies all vehicles and battery enables the entire electrical grid. Tesla has a goal of making 3 or more terawatt-hours per year of batteries by 2030. The current combined goal of …
Tesla produced 35,478 cars in March and this is an annualized rate of 425,736 cars. They produced over 10,000 Model Y cars and Tesla should ramp to over 25,000 Model Y’s per month from China. Tesla should be able to reach 500,000 to 600,000 cars in 2021. If Fremont produces 500,000 to 600,000 cars as …
Tesla is preparing the pilot Cybertruck production line and planning details for its production at the Fremont factory. Once all the equipment is installed at Giga Texas, a trained, ready-for-work team will immediately begin production from June 2021. Trial production of Cybertruck can begin as early as June 2021, first deliveries could occur in Q32021 …
Fixing and building roads, bridges, rail lines, ports and the electric grid could account for nearly $1 trillion of Biden’s forthcoming Build Back Better infrastructure program. The overall US infrastructure program is expected to be in the $3 to 4 trillion range. There will a first official release of information starting Wednesday, March 31, 2021. …
The Semiconductor industry started in the 1970s and 1980s with all major players having vertical integration and operating their own semiconductor fabs. Semiconductor fabs have become more expensive. The newest fab factories will each cost $12 billion to 17 billion. The quarterly spending on semiconductor fab equipment is $15-20 billion. A dominant chip company with …
The Limiting Factor explains Volkswagen’s Power Day. Volkswagen was vague about how they would achieve electric car battery improvements compared to Tesla at Battery Day. Volkswagen is starting behind Tesla. Volkswagen has more expensive batteries now. Volkswagen talked about getting 50% cost reduction in batteries. Volkswagen switching to LFP (lithium iron phosphate) which are already …
Volkswagen sources EV batteries from LG Chem, Samsung SDI, SK Innovation and CATL. VW expects annual demand in Europe to be more than 150 GWh from 2025 and to be at a similar level in Asia. Volkswagen announced its plan to build six battery factories in Europe, each with a capacity of 40 gigawatt-hours. VW’s …
Cairn Energy Research Advisors reports that Tesla has the lowest cost batteries by at least 10% and over 24% versus other car companies. This is before the cost reductions that Tesla is implementing from 2020 Battery Day. Tesla currently pays an average of $142 per kilowatt-hour (kWh) for battery cells purchased from its three suppliers: …
