Tesla delivered a record 112,000 vehicles globally during the fourth quarter. Analysts expected Tesla to deliver 106,000 vehicles to customers during the fourth quarter. Elon Musk and Tesla had talked about delivery goal of between 360,000 and 400,000 vehicles in 2019. Tesla delivered approximately 367,500 vehicles in 2019 which was a 50% jump from 2018. …
China car sales for BMW and Mercedes are double their US Car sales. This would mean Tesla has room to expand China production up to 700,000 to 1 million model 3s each year and maybe 2 million model Ys. China will have about 25.5 million car sales in 2019. China’s electric vehicles sales are 934K …
Tesla Shanghai Gigafactory GF3 production rate reached 1000 units per week of MIC Model 3 from multiple sources. Analysts at Oppenheimer on Monday indicated the photos of hundreds of China produced Tesla are increasing analyst expectations for a relatively smooth ramp for the Shanghai facility. Tesla China reached 1000 per week level after only about …
Ark Invest identified four technological moats that Tesla is growing for its electric car and truck businesses. 1. Superior batteries 2. AI (Full Self Driving) Chip The Tesla FSD is an automotive grade computer powered by two custom SoCs (system-on-chip). The SoCs leverage commodity ARM CPUs and GPUs but are augmented by a Tesla-designed neural …
Sam Korus of Ark Invest shows analysis that Tesla Cybertruck will be superior to the Ford F-150 on price and various aspects of performance. Sam also reported that the Porsche Taycan (electric car) has under-delivered on the promised battery range. They promised 275 mile range and delivered 200-mile range. 3/ Even Tesla's most expensive option …
Ark Invest has a new bull case that Tesla could maintain or even grow its current 17% global EV market share. The bear case for Ark Invest for Tesla for the next 5 years is for Tesla to more than double its stock price to $700. Tesla would still have 6% share of global EV …
China cut subsidies on electric cars which caused a 46% drop in October 2019 electric car sales versus October 2018. Global electric car sales were down 28%. The rest of the world had a 3% increase in electric car sales in October, 2019. China electric car sales were ~65,000 in October 2019 (down from 77,000 …
The Tesla China factory was built in 10 months and is 65% less expensive (capex per unit of capacity) than the US Model 3 production lines. Tesla is extending its lead and advantages over other car makers. Tesla is leading with batteries and is adding other design, technology (less wiring, better batteries) and other advantages. …
Drone operator Jason Yang spotted over 300 Tesla sedans within GF3’s parking lot in preparation delivery. Car carriers were also seen transporting locally-made Tesla Model 3 to delivery centers across China. Global Times estimated weekly Tesla China output will be 2,900 units at the phase-1 factory. It will take time to fully ramp. Tesla plans …
The Tesla Cybertruck is 19.5 feet long and standard US garages range from 20 feet X 20 feet for 24 feet by 24 feet. It would be very difficult to fit a Cybertruck in a 20 X 20 garage and be able to close the garage door. The length issue is the same for supercab …