Teslarati
MARCH 24, 2024
auto market anytime soon , some U.S. automotive groups have expressed concerns over the Seagull EV and other affordable mass-market EVs eventually coming to North America. auto sector,” the organization writes. auto industry appeared first on TESLARATI. While BYD isn’t planning to enter the U.S.
The Truth About Cars
APRIL 5, 2024
Affordable EVs seem to be a nut that no automaker can crack, as every promise of a “sub-$30,000” model or similar has fallen through in favor of higher prices. CEO Elon Musk has been beating the affordable EV drum for a while, telling investors in January that the car would enter production in Texas as soon as late 2025.
Teslarati
JULY 28, 2022
Model 3 forever changed the auto industry, & proved to the world that great EVs could be more affordable. Tesla is currently ramping up two new factories, one in Texas and another in Germany. The post Tesla to boost spending for Giga Texas and Berlin ramp appeared first on TESLARATI.
Teslarati
APRIL 20, 2023
Analysts were fixated on the 20-plus-percent margin level and whether Tesla’s strategy of cutting prices to undercut competitors and make its vehicles more affordable would hurt the company’s balance sheet. Tesla (TSLA) Q1 2023 earnings results: $23.3B in revenue, 19.3% percent, with Wall Street expecting 20.7
Teslarati
JANUARY 25, 2023
Both Gigafactory Texas and Giga Berlin were able to achieve a production of 3,000 Model Y per week. 17:10 CT – Pierre Ferragu from New Street Research asked how much time Tesla needs to get to 36K in Texas and Berlin. Executives noted that Tesla is making steady progress with Giga Texas’ 4680 ramp. million forecast.
Clean Fleet Report
FEBRUARY 6, 2022
The growth is predicated on two new production facilities—in Texas and Germany—coming online this year to augment existing plants in Fremont, California, and Shanghai, China. Tesla’s current best-selling model, the Model Y crossover, is currently produced at Fremont and Shanghai and scheduled to be the main model in Texas and Germany.
Green Car Congress
APRIL 2, 2016
The resulting alloy is still more expensive than steel but with its strength-to-cost ratio, it becomes much more affordable with greater potential for lightweight automotive applications, said Vineet Joshi, a metallurgist at PNNL.
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