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Tesla Daily: Tesla News & Analysis
Energy’s Next Phase, Cybertruck Wrap, Union Efforts, PCE, Calendar (12.22.23)
Dec 23, 2023
Topics discussed include Tesla's progress in Shanghai, the aftermarket wrap for the Cybertruck, unionization efforts in Sweden, Tesla's over-the-air recall, and Cummins' emissions penalty agreement.
12:14
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- Tesla has launched its new mega factory project in Shanghai, expanding Tesla energy's production capacity for energy storage products.
- Tesla has introduced a new software feature in China that provides traffic light countdowns, enhancing the driving experience.
Deep dives
Tesla Energy Mega Factory in Shanghai
Tesla has officially launched its new mega factory project in Shanghai, targeting an initial production capacity of 10,000 megapacks per year and around 40 gigawatt hours per year for energy storage products. This is a significant expansion for Tesla energy, which has been showing strong growth recently, contributing significantly to Tesla's earnings with a gross margin that exceeded automotive. The project timeline may be slightly delayed, but given Tesla's experience with the Gigafactory Shanghai, it is expected to ramp up quickly.
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