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I noticed they don’t mention Tesla but they lift the term gigafactory

by mjfl 3y ago

alex_duf 3y ago
I think it's coined by Tesla, but not a trademark. (don't quote me on this)
- brianbest101 3y ago
  [dead]
- JackFr 3y ago
  But what does it mean? Are there kilofactories and megafactories? The rarely seen obscure myriafactories?
  - yreg 3y ago
    There is one megafactory: https://www.tesla.com/en_eu/megafactory https://www.tesla.com/en_eu/megafactory I thought gigafactory had no meaning other than Tesla's marketing speak for a large factory, but apparently the term is gaining traction for better or worse: > The term "gigafactory" has also been adopted by other companies which are involved in the manufacture of electric vehicles and other clean tech products. Established automobile manufacturers such as Jaguar and Volkswagen now use the term to refer to their own electric vehicle factories.[6][7] Newer companies such as Stellantis have also embraced the term[8] by referring to four new "gigafactories" in France which will produce lithium-ion batteries for electric vehicles. Other companies such as Holosolis[9] and 3Sun,[10] which only produce solar cells and finished solar panel assemblies, also use the term "gigafactory" to refer to their facilities. The term is therefore understood to generically refer to large industrial facilities which are associated with the decarbonization and electrification trend. https://en.wikipedia.org/wiki/Gigafactory https://en.wikipedia.org/wiki/Gigafactory
yreg 3y ago
Blackrock also owns 5-6% of Tesla.
- baybal2 3y ago
  The Communist Party of China also owns 5-6% of Blackrock.
  - egberts1 3y ago
    yep. https://youtu.be/FMssS18nt-w https://youtu.be/FMssS18nt-w
- dna_polymerase 3y ago
  People parrot this, but do they? Or is it just the case that they are one of the largest ETF issuers in the world, and it is through those vehicles that they are “invested”?
- BYazfVCcq 3y ago
  Blackrock doesn't 'own' Tesla, or any company really. They hold and manage stocks for their customers. If you own an iShares ETF or mutual fund, you own the companies, not Blackrock.
  - somenameforme 3y ago
    I just don't think this is a practical argument. You have zero control, influence, or access to the businesses BlackRock controls. By contrast Larry Fink has the power, which he has regularly exploited, to reshape entire economies at the snap of his fingers, let alone just one of the many businesses under their control.
    - boeingUH60 3y ago
      Which is exactly what investors pay Fink and the BlackRock team to do. Most people don't have time to analyze and choose things to invest in, so they offload that responsibility to BlackRock in exchange for some fees. The system is working as intended.
mirzak 3y ago
Founders of Northvolt are ex-tesla folks, which might explain why some terms have been transferred. Not sure about trademarks though.

I noticed they don’t mention Tesla but they lift the term gigafactory

by mjfl 3y ago

I noticed they don’t mention Tesla but they lift the term gigafactory

alex_duf 3y ago

I think it's coined by Tesla, but not a trademark. (don't quote me on this)

brianbest101 3y ago
[dead]
JackFr 3y ago
But what does it mean? Are there kilofactories and megafactories? The rarely seen obscure myriafactories?
- yreg 3y ago
  There is one megafactory: https://www.tesla.com/en_eu/megafactory https://www.tesla.com/en_eu/megafactory I thought gigafactory had no meaning other than Tesla's marketing speak for a large factory, but apparently the term is gaining traction for better or worse: > The term "gigafactory" has also been adopted by other companies which are involved in the manufacture of electric vehicles and other clean tech products. Established automobile manufacturers such as Jaguar and Volkswagen now use the term to refer to their own electric vehicle factories.[6][7] Newer companies such as Stellantis have also embraced the term[8] by referring to four new "gigafactories" in France which will produce lithium-ion batteries for electric vehicles. Other companies such as Holosolis[9] and 3Sun,[10] which only produce solar cells and finished solar panel assemblies, also use the term "gigafactory" to refer to their facilities. The term is therefore understood to generically refer to large industrial facilities which are associated with the decarbonization and electrification trend. https://en.wikipedia.org/wiki/Gigafactory https://en.wikipedia.org/wiki/Gigafactory

yreg 3y ago

Blackrock also owns 5-6% of Tesla.

baybal2 3y ago
The Communist Party of China also owns 5-6% of Blackrock.
- egberts1 3y ago
  yep. https://youtu.be/FMssS18nt-w https://youtu.be/FMssS18nt-w
dna_polymerase 3y ago
People parrot this, but do they? Or is it just the case that they are one of the largest ETF issuers in the world, and it is through those vehicles that they are “invested”?
BYazfVCcq 3y ago
Blackrock doesn't 'own' Tesla, or any company really. They hold and manage stocks for their customers. If you own an iShares ETF or mutual fund, you own the companies, not Blackrock.
- somenameforme 3y ago
  I just don't think this is a practical argument. You have zero control, influence, or access to the businesses BlackRock controls. By contrast Larry Fink has the power, which he has regularly exploited, to reshape entire economies at the snap of his fingers, let alone just one of the many businesses under their control.
  - boeingUH60 3y ago
    Which is exactly what investors pay Fink and the BlackRock team to do. Most people don't have time to analyze and choose things to invest in, so they offload that responsibility to BlackRock in exchange for some fees. The system is working as intended.

mirzak 3y ago

Founders of Northvolt are ex-tesla folks, which might explain why some terms have been transferred. Not sure about trademarks though.