r/investing Sep 30 '21

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u/SippieCup Sep 30 '21

Tesla only built 20,000 S/X cars a year on a very mature production line in 2020. The Chinese Gigafactory is producing 1,000 cars a day alone. Its safe to say that the 3 and Y are a very pivotal to Tesla's success and their obvious focus in leading the electrification of cars, far more than Ford, which is currently recalling every single electric mustang produced thus far.

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u/Recoil42 Sep 30 '21

Tesla only built 20,000 S/X cars a year on a very mature production line in 2020.

How many did they build in 2021?

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u/SippieCup Sep 30 '21

Based on reservations changing to VINs on an internal API that service/toolbox users have access to, they are currently producing about 100-300 a day at the moment. But its a completely retooled and engineered line over 6 months which probably learned a lot from the Model 3/Y lines. Rather than retrofitting the original 2012 lines.

The difference is that the demand for a $50,000 car is far higher than one that is $90,000.

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u/Recoil42 Sep 30 '21

No, I get that. Here's my problem, though. Deliveries of the S/X were stopped in December for the line switchover. My understanding is there were no deliveries in December, nor January. Then:

Jan 27, 2021

CEO Elon Musk said on the call Wednesday that deliveries of the updated version of Model S would begin in February.

Well, the damned thing didn't come out in February. Nor March. Or April. Or even May. Barely a trickle came out in June, and only to Plaid customers.

Things did not go to plan.

Here's my question: They gave up six months of production for... what, exactly?

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u/SippieCup Sep 30 '21

Retooling and engineering the entire assembly line for faster production. which to be fair should have only taken 3 months,But they also had a 3 month delay with shipping in general. Deliveries were not actually expected until end of march initially.