Chinese power battery supplier Svolt Energy is now targeting 600 GWh of battery capacity by 2025. Svolt’s “SV ‘600’ Strategy” was released on December 8. This is nearly doubling the company’s previous goal of 320 GWh and surpassing the 520 GWh capacity that CATL, currently China’s largest power cell supplier, current 2025 target. Svolt Chairman …
Ark Invest manages tens of billions in investment funds that are focused on capturing the innovative companies that will be successful in the future. Ark Invest categorizes innovation companies of 2022 with a total market cap of $14 trillion and this will grow to $210 trillion in 2030. Tesla is about $1 trillion of the …
Elon Musk does not drive new programs at Tesla because he wants to, he drives them because he has to. Elon is currently driving the FSD (Full Self Driving) and the Teslabot program at Tesla. Long term, every car will have FSD. And so — and the value of that will be a very big …
Tesla just reported that there are 60,000 FSD beta users. This means increasing the beta release by five times and all Tesla US FSD customers are served. The US has about 300,000 Tesla FSD customers. People who have paid for FSD ($4000 to $12000) but so far do not use it (other than beta customers …
If people listened and believed what Elon said in the 2021 earnings call then they would hear the message that the tipping point for full self driving is this year. The annual report says there are 60,000 FSD beta users. This is out of about 300,000 US FSD beta purchasers. Elon says he would be …
I, Brian Wang, made a video that puts together evidence that Tesla has already largely solved its battery supply problem. It is not 4680 batteries. It is not a solution that is coming later in the year. It is a supply solution that already reached a tipping point in 2021. Battery supply has long been …
Tesla China delivered 70,847 Vehicles in Dec 2021. The total 2021 Tesla China production was 484,130 and about 160,000 were exported. 320,000 were delivered to domestic China buyers. Tesla sold 120,000 EVs globally in December 2021. Tesla made 936000 EVs in 2021. BYD sold 48317 EVs in December. BYD made 322,000 EVs in 2021. Tesla …
CATL set up a new battery factory in 3 months. It is right beside Tesla Giga Shanghai. The new iron LFP battery factory is already at 60% of planned capacity. The buildings existed and met CATL specs. They rapidly changed whatever needed to be changed and put in new equipment. It will have 80GWH/year planned …
A commenter questioned my claim that Tesla has proven to have vastly superior engineering and innovation than other companies. He claimed that Tesla just has a first-mover advantage. He had the claim that legacy auto can just spend the money, hire better people and catchup. Auto companies have a very, very bad history for innovating. …
Tesla has vastly superior engineering talent and business and engineering processes. Tesla has the lead with drivetrain, battery and control systems and aerodynamics and materials. Tesla has about 70% of the US EV market and 20% of the global EV market. This market share is even more dominant when only EVs in the same price …
BYD is the second-largest EV carmaker. Volkswagen is third. Tesla is the largest. This is not counting BYD released production and sales data for 2021. BYD made almost 323,000 EVs in 2021. Tesla produced 930,000. Tesla made 2.8 times more EVs than BYD. In December, BYD made 46,000 EVs and Tesla made 120,000. Tesla made …