Latest / Elon Musk Podcast / Tesla Model 3 is ready for production in China

Transcript

Tesla Model 3 is ready for production in China · Elon Musk Podcast

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  Hello and welcome back to the Elon Musk pod.
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  A daily podcast about everything.
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  Elon Musk from SpaceX to Starships to Tesla, too boring
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  everything. The Elon Musk does including his
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  tweets. His goofy tweets were going to
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  be here to help you learn more about this.
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  Mysterious and awesome guy that is changing the world.
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  And if you like Elon Musk is much, as I do over here, make
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  sure to hit that subscribe button because he's come out
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  every single day and there's always news about one of his
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  companies are him. So make sure to hit that
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  subscribe button and you'll be in the know so model 3, which is
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  Tesla's kind of lower rank, lower end, can it really call it
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  Tesla low end, but they're leather lower end vehicle.
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  It is going to be produced in China.
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  There's a giga Factory over there.
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  And just recently Shanghai has been Fully ready to begin the
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  production of the made in China model 3.
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  So this was announced by Chinese media and shared on Twitter by
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  the global times. Tesla Shanghai Factory is ready
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  for production and sales will begin after being granted
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  product certification and government approval said Tesla
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  Global vice president towel in the media Outlet stated.
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  So, the global times said that. So based on the The updates from
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  the times, Tesla's, waiting for a product certification for the
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  model 3 and, you know, those could take a little while could
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  take a month or so product certification involves the
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  manufacturing of an initial batch of model 3 units.
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  They'll be sent over in evaluated by authorities.
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  And once the vehicles pass the evaluation process Tesla could
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  start selling the model 3. In China as soon as possible so
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  they can crank out a couple model 3 is for these guys to
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  test out, right and it could take a couple months.
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  I think I said a month earlier but I was a little bit off
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  balance there, I was off base so the model 3 will be produced in
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  China as well. So we have our American-made
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  China, or our mayor can make model threes and we have our
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  Chinese made model 3. It is great to have model. 3 is
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  over in China. I can have a huge population and
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  Tesla will become a worldwide brand easier if they have a kind
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  of a base station in China to make these high-end cars.
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  So if they're only selling in the u.s. that puts them in a
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  certain category a certain sales category where it's only the
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  u.s. you know they could ship them out but that costs a lot of
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  money for people to get them ship there.
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  Now, if they are in mainland China, Anna and Shanghai.
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  Yes, they have the opportunity to sell a vehicle to the
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  billions of people that live in China.
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  So this certification, which prevents or it it permits, sorry
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  about that. China is people to purchase the
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  model 3. Well anybody actually but the
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  Chinese built model 3 is and it's significant.
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  Because it could push Tesla stock up for the fourth quarter
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  of this year. We're in the very end of this
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  year and because people are always hating on Tesla, okay?
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  Like these analysts, a lot of analysts actually are saying,
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  well don't worry about Tesla, you know, they're they're okay
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  but you know they don't really have a future.
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  There's a lot of people's a lot of haters about Tesla vehicles
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  and because of this Chinese gigafactory the shanghai-based
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  gigafactory Hurry. Well, now they have nothing to
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  hate on because Tesla can produce a lot of cars in the
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  gigafactory. They want to deliver, you know,
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  they wanted to deliver about 400,000 vehicles for 2019.
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  And they need to deliver about 105,000 vehicles in the fourth
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  quarter to make that number. The gigafactory or the factory
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  in the United States and Fremont could deliver about 100,000
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  vehicles per quarter. So how did thousand Vehicles,
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  going out to potential Tesla owners.
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  That's amazing. And if they could get another
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  hundred thousand Vehicles out, Two Chinese shanghai-based
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  people that would be amazing as well.
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  So 100,000 more Vehicles, that's more money and Tesla's pocket.
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  That means they can make more Giga factors.
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  They can make more batteries, make more solar cells, all this
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  stuff comes together. They can make better cars, they
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  have to have this money in order to make the new models, right?
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  And they have to have this money in order to make the current
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  models as well, keep producing these vehicles and upgrading
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  them as well. So, So that's the latest from
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  China from Shanghai with Tesla. So my friends I want to say
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  thank you so much for listening to the show.
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  I do appreciate it, I do these every single day, so if you can
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  just hit that subscribe button and I'll be back tomorrow with
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  some more news. Elon Musk.
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  Thank you so much for taking the time out of your day, to spend
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  it here with me, the Elon Musk pod.
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