Thursday , July 7 2022

Tesla indicates employees who are preparing to increase production


(Bloomberg): Tesla Inc. It is preparing to increase the production of electric vehicles, according to an internal email, after obtaining records delivered during the second quarter.

The company is "preparing" to increase production at its automobile plant in Fremont, California, the chairman of Tesla automobile, Jerome Guillen, said in an email to employees on Tuesday. "Although we can not be too specific in this email, I know you will be happy with the upcoming developments."

Bloomberg saw a copy of the email. A Tesla spokeswoman did not immediately respond to a voicemail or to an email requesting feedback.

Tesla's second quarter installments surpassed Wall Street estimates, which alleviated concerns about the company's electric car demand. Tesla manufactures all its vehicles on its single automatic assembly plant in Fremont, but produces battery packs and disk drives in its gigafactory near Reno, Nevada.

Tesla's shares sank 31% this year and have reduced the market value of the company to $ 41,000 million.

Guillen's message also said that the company "achieved new records in all production production lines and efficiency" in the most recent quarter, both in Fremont and Nevada, and that "quality also reaches record highs."

Construction of China

Tesla has said it plans to produce "significantly" more than the 360,000 to 400,000 vehicles that the company expects to deliver in 2019. Production can reach 500,000 vehicles worldwide this year – if the Tesla factory near Shanghai can Arriving at "volume production" at the beginning of the fourth quarter, the company said in its last quarterly letter to the shareholders.

According to Guillen's email, many parts of the assembly line in China are already in force.

"The lines of sealing, body, painting and general assembly in China are under way and stick records in both design and line manufacturing," said the note.

(Updates with details of the scheduled departure and China in the sixth and seventh paragraphs.)

To contact the journalist about this story: Josh Eidelson in Washington at [email protected]

To contact the editors responsible for this story: Young-Sam Cho at [email protected] ,; Tom Giles at [email protected]; Craig Trudell at [email protected], Angus Whitley

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