Tesla's Road to Profitability

[Vlad Kovalenko + 115]

Panasonic, the sole battery supplier for Tesla’s best-selling Model 3, is taking steps to help Musk solve the “production hell” problem that has plagued the car that’s key to making profits.

The Japanese company had proposed to add three production lines at Tesla’s Gigafactory in Nevada by the end of the year. It’s now aiming to complete the plan ahead of schedule,  said Yoshio Ito, head of Panasonic’s automotive business, without specifying an exact date for opening the facility that feeds the Model 3.

[JunoTen + 118]

Will Tesla be able to deal with the competition though ?

Legacy carmakers are bringing many electric models in 2019, and they don't have scaling problems because they've been doing manufacturing at that scale for decades.

[DA? + 301]

On ‎9‎/‎29‎/‎2018 at 1:02 PM, JunoTen said:

Will Tesla be able to deal with the competition though ?

Legacy carmakers are bringing many electric models in 2019, and they don't have scaling problems because they've been doing manufacturing at that scale for decades.

The legacy car makers are only bringing in EV's that are anything like competition very slowly and very late. Making an EV is very different to an ICE. Also Tesla are manufacturing much of their cars rather than putting bits together made by others, as no one else seems to be able to do it for the price they can (for example getting some of the electronics from outside sources would cost a fortune as they are so advanced).

The legacy companies are going to have to prepare shareholders for a painful future as they change and some will not make it.