www.cnbc.com
Not so sure I agree... Tesla did not ask for or lobby for subsidies. Having said this, other companies are entitled to the same subsidies; Tesla is not unique. And remember, Tesla built its own charging network; who else has? Looks like big brother will do it for them...
Not only aluminum, but raw materials in general are up 15% to well over 100% dependeing. Nickel (batteries) is up 130%.It looks like Tesla is going to have supply issues with aluminium. According to this news, Tesla gets their aluminium stock from Rusal, a Russian based company.
Tesla has bought aluminum from Russian company Rusal since 2020, showing how war complicates supply chain
Like other large automakers, Tesla has supply chain ties in Russia -- specifically, it's been buying aluminum from Rusal since 2020.
The Model 3 is amazing in all variants. Owners love 'em, warts and all. The hit on the 3 Performance is the 20" wheels and expensive rubber; not pothole friendly at all.
Other companies do take advantage of these incentive as well, just that Elon was the bleeding edge of going all in.
I love them (made a whole thread on them), but the iX is hideous, lol (also made a thread on that). A high performance EV with a proper HUD, leather, and interior appointments that one expects at that price point, I think the i4 is going to be a big hit.
In early 2018, the Fremont Model 3 line kept stopping due to automation breakdowns. Musk, in his own words, over automated the line; they could not keep the robotics working. It was a near fatal mistake. Tesla was hemoraging money and Musk was nearly broke. In a desperate, last chance effort they erected 2 huge tents in the parking lot and set up mostly manual assemble lines.
Joking aside. We are seeing a legitimate reason why "temporary is the new permanent" in our society. There are so many red-tapes that we are starting to work around what "makes sense" as the straight forward solutions. Things like having electricians paid $10k to run some wires between panels and a socket, paying someone $8k to charge up a box with compressor and another box with an evaporator (AC) instead of drilling holes in the wall to hang a box, toss some hoses and cords out the hole, then connect them to another box outside for $4k, and finally keeping the rotten frame of a 100 year old house with the roof so you can gut everything including the foundation and call it a remodeling instead of a rebuild.
Tesla put up the tents and were manufacturing cars in 3 weeks; quite a feat. At the time, it was meant as a temporary solution; the tent lines increased production by 50%. Musk said he learned that humans were underrated.
I can definitely agree with that as it's hilarious how much faith some tend to put in AI. The human brain/body will never be outmatched regardless of what spin is put on it. Those that value AI on that level are just too lazy to make it happen themselves!
We don't know what Tesla did or did not ask for. Of course other companies are entitled to the same subsidies however not all of them were in a position to take advantage of them nor could they afford it. Tesla had no choice but to build out it's own charging network and frankly it's not that impressive given that the equipment is comparatively inexpensive and it's a matter of just tapping into the existing grid.
They do to some degree today obviously. The nail in the coffin was Dieselgate and China. Dieselgate needs no explanation and China obviously want's to leap frog the West and become the primary supplier of the associated tech. It's political. After Dieselgate the german automakers were given hundreds of millions in subsidies to develop BEV's which w/out that support investors would not have approved.
Mars would be a one way ticket for the rich aging boomers who trade their lifesaving for the rocket full of fuel. I don't see how space race could be funded without a cult targeting rich old dying people. Nobody will approve a war just to advance our space tech.
I knew you would ask, so here's a quick link:
I find it hard to believe that apartment dwellers will be spending $60K on a car. When a Nissan Sentra (same size as a Model 3) goes for $20k.
