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I have never believed much in the Tesla bears but this is worrying. Without their main production and assembly facility open, they can't make money. The factor
by flexie 7y ago
I have never believed much in the Tesla bears but this is worrying. Without their main production and assembly facility open, they can't make money.
The factory in Nevada produces batteries and powerwalls.
The factory in China has reopened but its capacity is low and it's far away from their main markets in North America and Europe. The one in the Netherlands assembles cars based on components from the US.
This comes a day after they opened deliveries for what could have / should have been their next big cash cow, the Model Y.
- jacknews 7y agoIs anyone out buying cars at the moment? Is anyone selling them even if they are?
- londons_explore 7y agoI would imagine lots of people currently using public transport might be thinking their own car is a more reliable option than public transit which is probably about to close, or taxis which might stop operations.
- Symbiote 7y agoPublic transport users are probably more likely to buy a second hand car. They can sell it in 3/6/9 months for much closer to what they're likely to pay for it. Alternatively, maybe they could borrow a car from a neighbour who is currently working from home.
- Waterluvian 7y agoI'm waiting and hoping for dealers to get desparate and buy then. So far they haven't budged from their pricings in January.
- extrapickles 7y agoEven more worrying about this is the downstream effects this will have if they are forcing major manufacturing centers to go idle. I’m involved with a small manufacturing company that makes highly specialized components for capital equipment and production lines. Combinatorics of the options (and being able to offer replacement parts for everything we have sold for nearly 30 years) mean these parts are made to order from raw materials, so we cannot easily stockpile a few and shut down manufacturing. If we lost most of our business, we would be forced to either close or charge $20k for a normally $100 part when one breaks in someone’s medical supplies manufacturing line (Breakages go up drastically when you suddenly switch to 24/7 operation). Even if we didn’t directly loose business, we could still be crippled if we suffered equipment failure, and the makers of the equipment were not on someones ‘critical infrastructure’ list to obtain replacement parts from.