Tesla sells 200,000th auto, starting phaseout of federal tax credits
- Author: Darren Santiago Jul 16, 2018,
Jul 16, 2018, 2:04
For Tesla, speculation in recent weeks about whether Elon Musk's EV maker has or hasn't reached that figure was almost as ripe as whether it would be able to reach the 5,000-per-week Model 3 production target.
The South African-born Tesla boss had already confirmed that the Performance variant will use a powertrain layout similar to the dual-motor Model 3, suggesting it will have a motor to drive each axle. "Incredibly impressed with Tesla China team & potential for the future". If CEO Elon Musk and the rest of his team are successful, they could make a huge dent in the automotive market with a relatively affordable electric auto.
Musk had earlier said that China's progress in advanced infrastructure is "more than 100 times faster than the U.S.". After the full year, the company's customers are no longer eligible for that tax credit. "We hope it will be completed very soon". A report from Bloomberg Businessweek claims workers at Tesla's Fremont, California, plant are overworked and, at one point, were asked to walk through raw sewage on the job.
"Shanghai will be the location for the first Gigafactory outside the United States", Musk said in a statement released by the company and Shanghai's government.
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In March, GM Chief Executive Mary Barra called on Congress to expand the consumer tax credit for electric vehicles as the company boosted production of the Bolt in response to strong demand.
"I think that you'll see something similar to what they did in Nevada, with a partner like Panasonic", said Mr Kallo, referring to the gigafactory that Tesla and its Japanese battery-cell supplier operate along near Reno. That gave it about 3 per cent of the nation's battery-powered electric-vehicle market, placing it as the No 10 brand in that segment.
"Tesla is deeply committed to the Chinese market, and we look forward to building even more cars for our customers here", the spokesperson said.
In May 2016, Musk estimated that the company would make 100,000 to 200,000 Model 3s during the second half of 2017. Musk and his team made a big bet that automation would help Telsa make more cars in a single month than it ever had before, only to have robots repeatedly fail, forcing the company to halt the entire production process to fix the problem.