Remove Auto Industry Remove Companies Remove Supplies Remove Texas
article thumbnail

Tesla’s $25,000 car to be built at Giga Texas, then Giga Mexico: Elon Musk

Teslarati

Tesla CEO Elon Musk has shared some new details about the automaker’s plans for its next-generation, $25,000 electric vehicle (EV), including that it will be built first in Austin, Texas. On Tuesday, longtime auto industry veteran Sandy Munro shared a new interview with Musk, held following the Cybertruck delivery event.

Mexico 144
article thumbnail

Tesla analysts still confident in TSLA despite Giga Shanghai shutdown and supply chain challenges

Teslarati

Tesla analysts from Roth Capital Partners and Deutsche Bank are confident in TSLA stock and the company’s fundamentals. The company produced 305,000 cars in the first quarter. Deutsche Bank analyst Emmanuel Rosner argued that the company still performed well considering its challenges last quarter.

Supplies 121
article thumbnail

Tesla Giga Shanghai aims for 500k annual output for 2021: report

Teslarati

Tao’s meeting with China EV100 covered major research topics about the automotive industry, including automotive data management, consumer-side carbon trading management, urban electric mobility promotion, and even the participation of multinational companies in China’s supply chain. expansion project.

Tesla 144
article thumbnail

Elon Musk: Chip shortage is a “short term” problem that will likely be over next year

Teslarati

Noted chipmakers such as Intel and TSMC have unveiled plans to expand their presence in the United States to boost their supply, but the planned factories are not expected to come online anytime soon. . Efforts are also seemingly underway to ensure that Tesla’s chip supply is as robust as possible in the near future.

article thumbnail

EV chargers increasingly a ‘necessity’ at LA apartments and stores

Teslarati

As the auto industry transitions to electric vehicles (EVs), many have aired concerns that there will not be enough charging stations. Tesla and other companies are rapidly deploying new charging stations across the country, and the company recently built its 50,000th Supercharger stall.

Store 126
article thumbnail

Tesla considers acquiring Sigma Lithium

Teslarati

Tesla is reportedly considering purchasing Sigma Lithium, a Brazillian lithium mining company, for an estimated $3 billion. With the company’s exponentially growing demand for the substance, and its alacrity to vertically integrate, a corporate purchase of a lithium miner certainly is within its MO.

Tesla 89
article thumbnail

How 2023 will be Tesla’s true ‘breakout’ year

Teslarati

The three products above saw new expected production dates from Tesla CEO Elon Musk on Thursday at its “Cyber Rodeo” at Gigafactory Texas. Then the pandemic hit in 2020, and the entire automotive industry felt the effects. It just has to come through on its promises. ” I’d love to hear from you!

Austin 137