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Unavailable02 July 2018 | “WE DID IT” Confirmation Model 3 Joins 5K Club, Total Of 7,000 Teslas Made Last Week and Nissan ‘Limits’ Successive Rapid Charges
Currently unavailable

02 July 2018 | “WE DID IT” Confirmation Model 3 Joins 5K Club, Total Of 7,000 Teslas Made Last Week and Nissan ‘Limits’ Successive Rapid Charges

FromEV News Daily


Currently unavailable

02 July 2018 | “WE DID IT” Confirmation Model 3 Joins 5K Club, Total Of 7,000 Teslas Made Last Week and Nissan ‘Limits’ Successive Rapid Charges

FromEV News Daily

ratings:
Length:
17 minutes
Released:
Jul 1, 2018
Format:
Podcast episode

Description

Well good morning, good afternoon and good evening, wherever you are in the world, hello and welcome to the Monday 2nd July edition of EV News Daily. It’s Martyn Lee here with the news you need to know about electric cars and the move towards sustainable transport. I should know by now, never write a complete show and then just check what Elon Musk has tweeted. Never do it! I had a lovely show all ready to go and the he drops the bombshell. But it’s good, really good. Here’s the tweet, and then you and I will dig a bit: “7000 cars, 7 days ♥️ Tesla Team ♥️”   TESLA MADE 5,000 MODEL 3 A WEEK, 7,000 TOTAL CARS One of those famous Tesla email has leaked online but before we get to that, I'll read it out in a moment, I must say Elon was quiet over the weekend. For a very good reason, there's more to life that building cars or saving the planet. It's when your bro is getting married. Kimbal has celebrated his wedding to environmental activist Christiana Wyly in a lavish Girona wedding. Kimbal is famed for his iconic cowboy hat which remained a permanent fixture on his wedding day. So onto the email Elon sent to staff: "“We did it! What an incredible job by an amazing team. Couldn’t be more proud to work with you. It is an honor. The level of dedication and creativity was mind-blowing. We either found a way or, by will and inventiveness, created entirely new solutions that were thought impossible.“Not only did we factory gate 5000 Model 3’s, but we also achieved the S & X production target for a combined 7000 vehicle week!” So there we have it, confirmation ever Tesla Model 3 reservation holder wanted to hear, every EV hater thought would never happen. So my two initial thoughts - that's not an official company announcement, of course as a public company there will be a statement and report to the market. Secondly with all the attention on 3, it's a great reminder that the S and X are also being made at a rate of 2,000 per week. And remember, it was only in April that Tesla made 2,270 Model 3's a week. 5,000 is such important number for the company to be profitable in Q3 and Q4. A thought from Ben Sullins from Teslanomics: 5,000 cars times by $55k av price is $250m a week. And next week. And every week! Even if you say margins are 20% with a view to getting to 25%, that’s $50m.   I do love to read what Dana Hull has to say, long time Tesla writer but of lately, like many people, has seemed to delight a bit too much at any bad Tesla news. Which i always feel a little uncomfortable from some who's a journalist. Whereas this silly little podcast loves everything about EV's i'm not even pretending to be unbiased. if it's electric i love it!   For Bloomberg Dana says: "Tesla Inc. factory workers celebrated reaching a milestone of 5,000 Model 3 vehicles a week...according to workers who asked not to be identified, with one saying cheers were heard at the end of the line around 5 a.m. local time. A photograph of employees signing a banner welcoming them to the “Model 3 5K Club” was deleted from Twitter and remains on Reddit". When will get official numbers before July 4, although even that's not official. Or IS it official now Elon has tweeted. This is why some people hate Tesla because they're not playing by the rules they want them too, and I think it's great. So will the press who want to talk down Tesla dismiss it as burst rate, or unsustainable, or only because of a boy scout tent? Let's find out what they say. Business Insider didn't want to join the celebration: "It was not clear if Tesla could maintain that level of production for a longer period of time. Production of the Model 3 has been plagued by a number of issues, including problems with an over-reliance on automation on its assembly lines, battery issues and other bottlenecks." Jalopnik weren't ready congratulate them either: "the exact methods of building the car itself seemed like a work in progress at times. Production itself was plagued with issues over automation, b
Released:
Jul 1, 2018
Format:
Podcast episode

Titles in the series (100)

A daily podcast about electric cars, hybrids and sustainable transport news.