EVObsession logo

Connect with us

Hi, what are you looking for?

100% Electric Vehicles

Tesla Conference Call On YouTube, + Update: Tesla’s Been Saying Fremont Could Produce Nearly 1 Million Vehicles

Originally published on CleanTechnica.

Like in some previous quarters, I went ahead and put the full recording of the Q1 2016 Tesla financials conference call on YouTube. You can always listen to the conference calls on the Tesla investment portal, but it’s a clunky system and really hard to skip around to the spot you want. Also, with YouTube, you can share links to specific moments in the call (handy in comments, articles, etc.).

Again, if you missed any of the highlights I pulled out from the call last night as it was happening, check these out:

Holy Cow, Tesla Has Moved Its 500,000 Cars-A-Year Aim To 2018 (From 2020)

Despite Model X Delays, Tesla Maintains 2016 Production Target (80,000–90,000)

7 More “Tidbits” (aka Bombshells) From Tesla’s Financials Call

There were, of course, some wonderful discussions under those articles, so I encourage you to dive into those and explore the various insights and highlights our readers offered up as well.

And these unique follow-up posts are closely related as well, so here’s one more pitch for them:

Top Tesla Analyst Jumps Ship, Reveals Herself As Tesla Fangurl

Tesla Drastically Underestimated Model S & X Demand (Financials Flashback)

As noted yesterday, one of the highlights of the call was as follows: Pushed to estimate how many cars Tesla would be producing in 2020 now that the 2018 target is 500,000, Elon said “close to 1 million.” He said that could probably be done with the Fremont factory and Gigafactory alone (no need for new factories to reach that). That may seem like a sudden explosion in the production capacity of the Fremont factory, but it turns out this has been an open secret for a while….

If you go visit the Tesla fremont factory, you have to sign an NDA to not share sensitive information with anyone else. Apparently, one thing shared on thee tours is that the Fremont factory is capable of producing ~900,000 Tesla cars and SUVs. So, Tesla has been aware of this for quite a long time, and been sharing the info with people who come to the factory for an in-depth look at the newest US manufacturing behemoth. That certainly makes it clear that ~1 million is not just a crazy number Elon spontaneously pulled out of a hat last night.

Speaking of the Tesla factory, primary Important Media owner Scott Cooney took a tour this month. Have a look at some of the pictures (from outside, not the NDA area):

Powerwall 1 Powerwall 3 Scott Coonet Tesla Fremont Factory Tesla Fremont factory 2 Tesla Fremont factory parking 2 Tesla Fremont factory parking 3 Tesla Fremont factory parking 4 Tesla Fremont factory parking Model X P90D Tesla Fremont factory parking Tesla Model S P90D blue 2 Tesla Model X blue 1 Tesla Model X P90D Powerwall 2

Photos by Scott Cooney | CleanTechnica (CC BY-SA 4.0), via CleanTechnica.pics

Are you Tesla obsessed? If so, feel free to join our “Tesla Obsessed” Facebook group!

 
Written By

is the director of CleanTechnica, the most popular cleantech-focused website in the world, and Planetsave, a world-leading green and science news site. He has been covering green news of various sorts since 2008, and he has been especially focused on solar energy, electric vehicles, and wind energy since 2009. Aside from his work on CleanTechnica and Planetsave, he's the founder and director of Solar Love, EV Obsession, and Bikocity. Zach has long-term investments in TSLA, SCTY, FSLR, SPWR, SEDG, & ABB. After years of covering solar and EVs, he simply had a lot of faith in these companies and felt like they were good companies to invest in as a portion of his retirement strategy. To connect with Zach on some of your favorite social networks, go to ZacharyShahan.com and click on the relevant buttons.

Comments
Advertisement
Advertisement

Free electric vehicle news daily

Advertisement

You May Also Like

100% Electric Vehicles

After a steep drop from the Tesla Model S, the BMW i3 is the most expensive electric car on the US market (just slightly...

100% Electric Vehicles

This article is also being published on EV Obsession and EV Sales. The Chinese market had more than 34,000 new EVs zooming the streets last...

100% Electric Vehicles

Tesla has several big competitive advantages, imho. I’m going to discuss 5 below, but 3 tangible ones and 2 intangibles. [Full disclosure: I’m long...

100% Electric Vehicles

Electric car cost vs gas car cost is a perennial issue of discussion. Of course, the result keeps changing, and the options for comparison...