Tesla Has All Of The Tools It Needs To Meet Production - The Only Problem Is The Tools Are Still In Germany

Tesla has all the tools to meet its planned Model 3 production rate in the first quarter. The only problem is they are still in Germany.

The electric-car maker, which is still targeting about 2,500 of the cars a week by the end of March, has designed a new automated system for module production for its U.S. battery factory near Reno, Nevada. The line is already working at its German Grohmann unit but it needs to be shipped to the U.S. next month before it can go into use, CEO Elon Musk said.

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PUGPROUD - 2/9/2018 2:45:41 PM

+3 Boost

Sounds like one of the three great lies..."The tools are in the mail!" Sorry, I just couldn't help myself.

TomM - 2/9/2018 3:18:09 PM

+2 Boost

And the other lie is - and we will ship it to the USA - install it - and have it in FULL operation - by March (20 days) - YOU all DO believe that - Don't YOU????

TheSteve - 2/9/2018 3:32:15 PM

+10 Boost

Tesla runs its operations from the same factory that GM and Toyota used for their knowledge transfer exercise between the two auto giants. GM/Toyota, at their worst (early startup of the facility) produced more vehicles with far fewer people compared to Tesla at their best.

That's a big insight! It's a big part of why Tesla consistently bleeds red ink, and why they must regularly tap capital markets to get essential operating capital.

qwertyfla1 - 2/9/2018 4:58:25 PM

+6 Boost

Put it in your fancy rocket and fly it to Murica rather than dumping shit into space -Problem Solved!

supermoto - 2/9/2018 6:22:28 PM

+7 Boost

Hilarious how they are "targeting" 2,500 cars a week by the end of March. That's a lot different than offering guidance.

I'm "targeting" becoming the next Hugh Hefner and a billionaire by next Wednesday. But there's basically zero chance it will happen, unfortunately.

Maybe Elon can use a rocket to fly in the tools from Germany.

MDarringer - 2/9/2018 6:29:13 PM

+5 Boost

Just more evidence that Elon pushed it into production before the design was ready and the infrastructure was in place.

malba2367 - 2/9/2018 9:41:09 PM

+10 Boost

Wow...what a sh#&show! Tesla will be in big trouble when companies who actually know how to build cars get into the EV game. They already have the disadvantage of operating an auto factory in probably one of the worst places in the world from a cost standpoint, and on top of it their operation is probably the most inefficient of any automaker. Tesla's only hope to justify their valuations is to stay a generation ahead of others in battery technology and to become an OEM of batteries to auto manufacturers.