Tesla Gigafactory On Schedule, But…

4 months ago by Mark Kane 90

Completed Tesla Gigafactory Rendering

Completed Tesla Gigafactory Rendering

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Tesla Model 3

Reno Gazette-Journal, which once had a clash with Tesla guards at the Gigafactory complex, released an interesting article on progress at the site.

The good news it that the Gigafactory is on schedule. Production of Tesla Poweralls has already began, and Tesla meets the legal requirements of the tax incentive package.

But not everything is yet in line with Tesla’s projections though, according to RGJ.

Capital investments are much lower than anticipated, as well as total job numbers.

“The Tesla-Panasonic battery gigafactory is falling far short of the economic impact projections on jobs and capital investment used to persuade lawmakers to approve a record-breaking tax incentive package for the project, according to an analysis by the Reno Gazette-Journal.

According to the review of available public documents, the project has generated just a fraction of the jobs, payroll and capital investment projected for the first year in a study commissioned by the Governor’s Office of Economic Development during the 2014 special session.”

RGJ reveals that in 2014, a state-hired economist projected 700 permanent jobs by the end of 2015 related to the Tesla Gigafactory, but there were just 82 by the end of September and an expected over 200 by the end of 2015. Payrolls are lower than expected too:

“Economists estimated the project would have a $40 million payroll by the end of 2015. By Sept. 30 ,the gigafactory had a $3 million payroll.”

External staff of 2,505 construction workers in Tesla’s application turned out to be just 1,348 as of the end of June.

Another projection was $1 billion capital investment by the end of 2015 (around $5 billion total), but it was just $238 million through the end of September.

Well, we wonder just how it’s possible that capital investments are significantly lower than projected, while progress is on schedule or even slightly ahead? Perhaps something has been overlooked by RGJ?

Source: Reno Gazette-Journal

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90 responses to "Tesla Gigafactory On Schedule, But…"

  1. Data is only available to September (per RGJ) as Tesla Motors has only released data to Q3 in November.

    For Q4 2015 data on capital expenses, etc., we’ll have to wait another month until Tesla releases its financial report for 2015.

    1. Tech01x says:

      Just want to point out that it is difficult to install battery making equipment into a facility that doesn’t yet have an “inside.” The certificate of occupancy was granted in early October and in Q4, Tesla had moved Tesla Energy production to Gigafactory 1.

      Obviously the ramp is non-linear. How is using 9 months of data against a full year’s projection make any sense?

    2. With 1/10 GF, will Tesla achieve the claimed “Economies o Scale” ?
      We never see any picture of the actual equipments. Tesla execs have been tweeting only the drone shots of the 1/10 GF for a long time. It becomes clear now, why Tesla is afraid of RGJ photographers.

      1. Get Real says:

        Isn’t it amazing. We have an article on Tesla and its future and all of a sudden all these new posters appear to try and claim that Tesla is failing, doomed, lying,etc. etc. etc.

        Gee, I can’t help but wonder who these new posters are and what they are trying to accomplish??? They couldn’t possibly be the one and the same tesla stock shorters who pop up here on Tesla articles under other usernames?

      2. Pushmi-Pullyu says:

        @Dr. ValueSeeker:

        Just from your screen name, it looks like you’re another TSLA short-seller of the type which infests Seeking Alpha. Did they have a recent link over there to this website?

        “It becomes clear now, why Tesla is afraid of RGJ photographers.”

        So, Tesla is “afraid” of paparazzi, because they actually post “NO TRESPASSING” signs, and *gasp* actually have security guards to enforce that?

        Maybe, just maybe, valuable equipment is being installed inside Gigafactory 1, and maybe, just maybe, Tesla doesn’t want random people wandering around the site unsupervised at night, when they could steal things or commit vandalism. It’s not like the security guards can read the mind of those paparazzi, to be sure they are just innocently taking pictures, instead of committing crimes against property.

        But no! That’s far too obvious, right “Valueseeker”? There must be some deep dark secret that Tesla is trying to hide! At least, that’s what you anti-Tesla trolls have been trying to tell us for years. Oddly enough, none of your conspiracy theories turn out to be true. It’s almost like you’re making them up in an attempt to give Tesla a bad reputation…

  2. Leaf Owner says:

    Right – steel and concrete are relatively cheap – plant equipment not so much…..

  3. Mark C says:

    I noted that it said, “a state hired economist” not “Tesla claimed…”

    Is anyone even a little surprised that a politician might use a Best Case scenario when talking about it?

    1. Grendal says:

      Excellent point.

    2. Pushmi-Pullyu says:

      I just noticed this disclaimer at the very end of the RGJ article:

      “Editor’s note: This story story has been edited to reflect original projections were based on an $11 billion project.”

      So far as I know, Tesla has always described the Gigafactory project as a $5 billion project, not an $11 billion one.

      So… it appears to me that the original article which this InsideEVs’ article quotes extensively, is a projection of jobs and economic growth; growth not primarily based on the jobs Tesla is directly creating, but rather primarily based on anticipated secondary jobs and economic growth which the Gigafactory 1 project is anticipated to bring to the area.

      At least, that’s my reading.

      So, assuming that’s correct, then:

      All the Tesla bashing going on in all the comments in this thread… are literally nothing but FUD, and have no basis in fact.

  4. evnow says:

    It sounds Tesla did the bare minimum needed to get the tax incentives.

    1. Someone out there says:

      Of course, why would you not?

      1. Texas FFE says:

        Well, I guess if really wanted to build and sell batteries you might want to do a little more than the bare minimum.

        1. Get Real says:

          “Texas FFE

          January 20, 2016 at 3:48 pm

          Well, I guess if really wanted to build and sell batteries you might want to do a little more than the bare minimum.”

          Kind of like what Ford has done with its EVs so far Texas FFE?

    2. Jim Beam says:

      FYI genius, the incentives are layered….they don’t get the full incentive without coming through 100% with promises, so if they only give 10% of what was promised, they only get 10% of the tax incentives.

      You don’t think anyone thought of that when putting all this together!?!?!

    3. Nick says:

      What do you think of a person who only does the bare minimum?

      1. Josh says:

        So Tesla is only wearing 15 pieces of flair?

        1. Jay Cole says:

          /required

        2. Matt says:

          You know, the Nazis had pieces of flair they made the Jews wear.

      2. Pushmi-Pullyu says:

        Nick asked:

        “What do you think of a person who only does the bare minimum?”

        That’s a rather emotionally loaded question, innit?

        Would you be disappointed if you ordered 100 widgets from a company, and they only shipped you 100? Would you actually expect them to throw in a few more than “the bare minimum”?

        What I think is that, to date, Tesla has completely fulfilled its contract with the State of Nevada. There is every expectation Tesla will continue to do so, as the Gigafactory 1 project continues toward completion.

  5. Pushmi-Pullyu says:

    I don’t pretend to know just what’s going on with the Gigafactory 1 project, but recent reports from other sources indicated that the project is (or at least, recently was) on track, hitting all the milestones Tesla needs to earn all the tax credits it negotiated with the State of Nevada.

    See, for example, the Dec. 24, 2015 article: “Audit shows Tesla met requirements for tax breaks in Nevada”

    http://www.reviewjournal.com/news/nevada/audit-shows-tesla-met-requirements-tax-breaks-nevada

    It wouldn’t surprise me if the Reno Gazette-Journal is no longer a neutral source of news about Gigafactgory 1, given that two of their paparazzi reporters got arrested for trespassing and vehicular assault, after climbing over a fence onto Gigafactory 1 property and then reportedly knocking down a security guard with their car… not once, but twice!

    That’s just crazy. Tesla gives tours to those who ask; why would anyone think they need to sneak onto the site, past clearly posted “NO TRESPASSING” signs?

    1. Pushmi-Pullyu says:

      Stop the presses!

      I just now, belatedly, actually RTFA* over at Reno Gazette-Journal, and read the disclaimer at the bottom:

      “Editor’s note: This story story has been edited to reflect original projections were based on an $11 billion project.”

      So now I realize that the entire conversation in this comment thread is based on a fallacy. The Gigafactgory project has always (so far as I know) been described by Tesla as a $5 billion project, not an $11 billion one. There is no shortfall in Tesla hiring or Tesla investment. The only shortfall is in what the Governor’s Office of Economic Development projected as secondary economic growth that they hoped the Gigafactory project would attract.

      At least, that’s my reading… too bad we didn’t spot that sooner. 🙁

      *RTFA is Slashdot-speak for Read The F—ing Article

  6. tftf says:

    “Well, we wonder just how it’s possible that capital investments are significantly lower than projected, while progress is on schedule or even slightly ahead? Perhaps something has been overlooked by RGJ?”

    I think it’s quite simple: Tesla is only building 14-20% (depending on first and updated plans in 2014) of the GF at the moment.

    Tesla is only building out one instead of seven buildings.

    The GF is nothing but a large pilot plant at the moment.

    Until we see actual evidence (new drone pictures etc. in 2016+) of the six remaining buildings under construction, there is no full GF.

    As with many other things (X doors and delays) Tesla doesn’t want to talk about this because it means Tesla can’t equip 500k cars.

    Finally, Tesla doesn’t have the money (even with 1.6Bn coming from Panasonic in best case until 2020) to finish the entire construction.

    Result:

    – Option 1: Tesla scales back/postpones full GF well beyond 2020, only pilot plant is operating.

    – Option 2: Another huge capital raise (what was once promised by Tesla in early 2014 with capital raise…bending the truth since that money is all spent as of early 2016) coming to finance/finish the full GF in 2017-2020.

    1. tftf says:

      PS: For anyone interested in numbers and more sources/links, here’s my detailed post on the subject:

      “Tesla’s Gigafactory And Bond Sales: The Investment Numbers STILL Don’t Add Up”

      http://seekingalpha.com/instablog/5760541-tales-from-the-future/4518136-teslas-gigafactory-and-bond-sales-the-investment-numbers-still-dont-add-up

      1. Nix says:

        You sunk your case when you relied upon Seeking Alpha. They are a notorious anti-Tesla trolling site.

        All you have to do is look at the comments section, and see that they delete all but their own posts on this article, in response to being debunked to understand they aren’t interested in facts.

        1. tftf says:

          “All you have to do is look at the comments section, and see that they delete all but their own posts on this article, in response to being debunked to understand they aren’t interested in facts.”

          You haven’t checked one single number or link in that linked article have you?

          Otherwise please tell me what I got wrong.

          It’s all laid out with numbers and sources.

          PS: If you had you would have at least skimped the text you would have at least figured out it was written by me 🙂

          1. Get Real says:

            So long time serial Tesla/Musk hater tftf, how much money are you short on Tesla???

            Are you and some of the other posters on here (like this new so-called “Lithium Battery Expert” coordinating your anti-Tesla FUD with Mark Spiegel and other gamblers with inherent conflicts of interest because its pretty obvious that this is going on here here?

            1. Paul Stoller says:

              Ad hominem fallacy, he bring an article full of figures, please attack the argument if you can.

              1. Paul Stoller says:

                Bad proofreading on my part, I intended to say he brought.

                1. Grendal says:

                  He wrote the article.

                  1. Paul Stoller says:

                    I think you are mistaken about whom I am replying to.

                    1. Grendal says:

                      Probably.

            2. Three Electrics says:

              If you shorted Tesla anytime in the last six months, you should not be posting here. You should be retired, or at least building another wing in your house.

            3. tftf says:

              “So long time serial Tesla/Musk hater tftf, how much money are you short on Tesla???”

              Have you read my blog entry?

              Di you dispute what I have written? (If so, let me know which numbers or conclusions are wrong).

              Ad hominem attacks without facts or rebuttal won’t let you win arguments.

              1. Pushmi-Pullyu says:

                I used to read every Tesla-related blog post on Seeking Alpha (as has been pointed out, calling them “articles” is giving them more credit than they’re due), and most of the comments there; I used to read them every day, and I used to post as “Lensman”.

                So, tftf, why don’t I read your latest Seeking Alpha blog post? Because I’ve read much, much more of the anti-Tesla FUD there than I need to, in both blog post and comments by you and others who bash Tesla on a daily basis, to know that one doesn’t have to eat an entire barrel of apples to know the entire barrel is rotten.

                “If we’ve been telling lies, you’ve been telling half-lies. A man who tells lies, like me, merely hides the truth. But a man who tells half-lies has forgotten where he put it.” — Mr. Dryden (Claude Rains), “Lawrence of Arabia”

                The benchmark for Truth is “The Truth, the whole Truth, and nothing but the Truth.” Your blog posts occasionally qualify for the first of the three benchmarks in Truth, tftf, but they never qualify for the other two.

                1. tftf says:

                  Instead of quoting Lawrence of Arabia it would be more productive if you listed what you think is wrong in my blog post (assumptions, sources and conclusions).

                  I stand by them:

                  – Tesla is only building a pilot plant right now

                  – It needs fresh billions to finish the GF (dilution – or worse if capital markets freeze in a downturn between 2016-2020)

                  – Panasonic will only invest the full amount once firm demand/orders are confirmed

        2. Pushmi-Pullyu says:

          Nix said:

          “You sunk your case when you relied upon Seeking Alpha. They are a notorious anti-Tesla trolling site.”

          It’s worse than that. He actually writes articles for that notorious stock investor trolling site, which has both pro- and anti-Tesla articles… both types trying to push their investment agenda, rather than seeking objectivity or Truth.

          1. Someone out there says:

            Isn’t Seeking Alpha essentially just a blog aggregator? Whoever that has something at least somewhat interesting to say can publish there? Obviously then everybody who does writes from his/her own viewpoint/agenda. Anybody should realize that these are opinions not science.

            1. Pushmi-Pullyu says:

              Bingo.

    2. Pushmi-Pullyu says:

      Or maybe, as Brian_Henderson already suggested above, RGJ is using outdated info about the financial investments.

      Here’s an article from just yesterday: “Panasonic to invest $1.6B in Tesla’s Gigafactory”

      http://www.computerworld.com/article/3023568/sustainable-it/panasonic-to-invest-16b-in-teslas-gigafactory.html

      Considering Panasonic’s former reluctance to commit very much to this project — far below what Tesla wanted them to commit — this new pledge looks like Panasonic’s confidence in the project has greatly increased.

      Go Tesla!

      1. tftf says:

        Panasonic will only invest more money in the project UPON demand/firm orders.

        Read the Japanese sources.

    3. Pushmi-Pullyu says:

      tftf said:

      “Until we see actual evidence (new drone pictures etc. in 2016+) of the six remaining buildings under construction, there is no full GF.”

      The plan is not for additional buildings. The plan is to build more sections out from the pilot plant, until the full size is reached.

      The picture linked below shows the outline of the proposed full-sized Gigafactory, superimposed on a photo of current pilot factory construction project:

      http://insideevs.com/wp-content/uploads/2015/12/giga.jpg

      1. tftf says:

        Call them six additional sections instead of six additional buildings. I don’t care.

        The fact remains that these six things don’t exist, not even as shells.

        It will tale years to build them and get operational.

        PS: I’m well aware of Panasonic’s statements about the $1.6bn. I used the same numbers. That still amounts to $2bn missing…and Panasonic’s part depends on actual demand/orders. Read the Japanese sources.

        1. Pushmi-Pullyu says:

          tftf said:

          “Call them six additional sections instead of six additional buildings. I don’t care.

          “The fact remains that these six things don’t exist, not even as shells.

          “It will tale years to build them and get operational.”

          Yes, the plan is for the Gigafactory 1 project to be completed, and reach full operating capacity, in 2020. If you didn’t know that, then you have no business writing articles on the subject.

          Tesla has demonstrated that — DUH! — it can hire construction companies to quickly install foundation, walls, and ceilings. No surprise there. Given that fact, why would anyone — even a long-time Tesla basher like you, tftf — try to bash Tesla based on the fact that they aren’t building out the entire vast structure faster than they need to?

          This really shows just how desperate Tesla trolls have become. What a fall from the [sarcasm ] “glory days” [/sarcasm] when they kept insisting, month after month and year after year, that Tesla was faking its production numbers, and was on the verge of bankruptcy!

          The challenge for the Gigafactory 1 project isn’t pouring foundations and erecting walls. That’s not merely easy; it’s routine. The challenge is what a company puts inside the factory, and how soon they can fine-tune it for mass production. Again, if you don’t even know that, tftf, then you have no business writing articles on the subject.

          tftf said:

          “PS: I’m well aware of Panasonic’s statements about the $1.6bn. I used the same numbers.”

          Yes, I noticed that after posting my last comment. My apologies for ignoring that.

          “That still amounts to $2bn missing…”

          And as analysts who are not Tesla bashers have noted, Tesla can easily borrow any remaining shortfall, even if that $2 billion figure doesn’t come down with Panasonic agreeing to invest more… despite the fact that Panasonic is now pledging $1.6 billion, sharply up from its pledge of only $200 million, in July 2014. Panasonic is understandably reluctant to “bet the farm” on Gigafactory 1, but it seems Tesla is gradually winning them over.

          Or, if necessary, Tesla can issue more stock to cover any shortfall. Something else Tesla trolls want us to ignore: Tesla’s last stock issuance was oversubscribed, and its stock price actually went up despite a small dilution!

    4. Tech01x says:

      As usual, tftf,

      As usual, you choose to ignore data in your possession in order to stress a negative view of Tesla in line with your bearish position in the stock.

      You know the schedule of the build out or should have known, so it should not be a surprise that the pilot phase is being built now.

      We don’t know how much bigger the new plans for the Gigafactory actually are in GWh of production. We know the floor space in rough terms.

      In the original plans, each phase of the Gigafactory is about equal to 115,000 60 kWh battery packs. That is on top of the upcoming 100,000 ~80 kWh average Model S + X being supplied by Panasonic from Japan.

      You already know the size of “just” the pilot plant of the Gigafactory is about equal to all of LG Chem’s production capacity, including their new plant in China and the expansion in Holland, MI. Which means that GM, Ford, VAG and others share less than the “just” one phase of the Gigafactory 1.

      Even if Tesla stopped there in 2017, they would command more than double LG’s total capacity if LG were fully build out their Ochang facility. If Tesla built just one more phase, they would have about 230,000 Model 3’s and another 100,000 S+X or 330,000 BEVs of production capacity. Two more phases means 445,000.

      1. przemo_li says:

        I will only add to those fine points that:
        a) starting manufacturing early is sane. Postponing manufacturing in one section just to build all 7 simultaneously would be insane, especially if Tesla do not have cash.
        b) securing cash is ready for Tesla. They always have more demand then capacity. And that is primary decision factor for those that invest or lend money.

        Now. If Tesla did not had money to finish even one section that would be troubling…. But we all know how unlikely that is. Not when Tesla is poster boy of success 😉

    5. Grendal says:

      I expect option #2 to occur after the Model 3 is shown and they have 100K reservations in place by April. That shows the demand for the vehicle as Tesla and Elon has said was there. The stock should be very high at that point which will allow for another capital raise to complete the gigafactory and the infrastructure needed for the Model 3.

  7. Trollnonymous says:

    If Tesla committed to the number within the time frame contracted and failed to meet those commitments, then Tesla way lose part of the tax incentives. Either way, it would still be much less taxes if they were in California……lol

    IMHO, they won’t hit the big numbers of employees till Panasonic and and the other battery manufacturer is in-house with them.

    1. JakeY says:

      I had the same thought. Until Panasonic moves in, the permanent employee numbers will be low. As Brian points out these numbers are likely from Q3 2015. They probably are different for Q4. Production doesn’t start until mid-2016.

  8. evcarnut says:

    RGJ is run by “G00FS” that hire Goofballs as reporters that cause un-necessary trouble.. So now they got a thorn up their butts & write negative articles about Tesla…., Until Tesla Sues them ,the same way they are doing to the Incompetent Dead Beats That Failed to Engineer the Falcon Doors on time, as was agreed, As a Result Delayed The X launch to Sabotage Tesla Intentionally , To DAMAGE Tesla to Loose TIME & Money$$$$ & To Make Tesla Appear As Incompetent Liars..

  9. Alaa says:

    Does this mean that they do not want the Gigafactory any more? Should Tesla cancel the idea and pay them some money instead?

    What do they want?

  10. Ryan H says:

    I smell sour grapes from the reporting source lol

  11. Lithium Battery Expert says:

    Let me tell you this: I worked with Asahi, Ube, Mitsubishi Chemical, Tomiyama (critical components to the lithium battery business), they all laughed at the idea of GigaFactory, and of course they would not pitch in any penny for that. As for Panasonic, their PR is they would invest up to 1.6 billion (pre-condition arranged with Tesla), but by the end of last September, they only invested 6 million dollars, and Panasonic’s confidence level in Tesla is extremely low. They just want to exploit it before Tesla went bust. The price quoted by Panasonic is so low, they make about 5%, so low, LG/Samsung never even negotiated a supply deal for Model S/X.

    1. ffbj says:

      Laughable.

    2. Nick says:

      Do you or someone you advise have a financial stake in TSLA or the like?

      I’ll bet I know the answer. 🙂

    3. Tech01x says:

      Most of what you wrote is nonsense, but this part sticks out…

      “The price quoted by Panasonic is so low, they make about 5%, so low, LG/Samsung never even negotiated a supply deal for Model S/X.”

      So you are saying that Panasonic is charging Tesla a price so low that LG and Samsung couldn’t even be bothered to negotiate a supply deal. How is this bad for Tesla, exactly? You are saying they are getting the best deal in the industry, as most of the rest of the industry is with LG and Samsung.

      LOL.

      1. It’s bad for the GF gimmick. 1/10 GF does not give any economies of scale.

        1. Pushmi-Pullyu says:

          It’s a common misconception that the primary purpose of Gigafactory 1 is to lower the per-kWh price of battery cells. That price comes down every year, Gigafactory or not.

          The primary purposes of building Gigafactory 1 is to guarantee Tesla the very large supply of batteries it will need for the Model ≡, and to allow Tesla — rather than Panasonic — to control the volume of battery cell production. Those two purposes are also why Nissan built two battery factories, in Tennessee and the UK.

          This makes BYD, Nissan, and soon Tesla, the only EV makers to control their own battery supplies. Guess which EV makers will soon be positioned to be the only auto manufacturers capable of making long-range BEVs in much greater quantities?

    4. Grendal says:

      So your opinion is that battery manufacturers are not interested in selling batteries to one of, and soon to be THE, largest battery purchaser on the planet.

      Yeah, that makes sense. – sarc.

    5. przemo_li says:

      5% profit for expanding their business two-there fold? That is some standard business practice. And it beats expanding market share while ending up with negative “profit”.

      Not bad.

      Sammy nor LG had the tech up until fairy recently too.

      No Panasonic doubted volumes, not profitability.

  12. PVH says:

    INHO there are many unrealistic expectations regarding Tesla. A full size GF giving a true competitive hedge to tesla as far as making li-ion battery cells is one of the finest of them all. It is a beautiful story though. I fully understand its sex appeal.

  13. scott franco says:

    Sounds like Tesla needs to rough up the Reno gazette reporters again.

    Sorry, just had to….

    1. evcarnut says:

      Yea..L M A 0..

  14. kdawg says:

    Give it time. People freaked out about the battery plant in Holland Michigan at first. Now they are running full production, multiple shifts, and expanding into a new line.

    1. GSP says:

      +1 kdawg.

      GSP

  15. dRanger says:

    Let’s see, Tesla has accelerated manufacturing at the site but somehow has missed employment targets. That doesn’t make any sense at all. Conclusion: journalistic sour grapes and poorly contrived spin.

  16. HVACman says:

    It’s the Germans’ fault.

    Blame it all on that danged German supplier who screwed up the Model X falcon doors and delayed production, which delayed cell demand, which impacted cell production at GF1, which impacted cell production capital investment and employment, which….

    1. Texas FFE says:

      Or how about we blame it on a company that’s starting to need more lawyers than engineers because of all the legal battles it’s fighting. Tesla stock dropped 3% today due to its legal woes.

      1. ffbj says:

        Ridiculous.

        1. Texas FFE says:

          Correction, Tesla stock is down 2.94% for the day. That makes a little over 6% for the week.

          1. Pushmi-Pullyu says:

            The nightly news reports — and I don’t mean financial news, which I don’t watch — are full of reports every night, about the largest year-beginning stock market drop in history. Yet you think the primary reason Tesla’s stock (TSLA) is down recently, is because of a minor lawsuit with one of its vendors? Ummm…. seems highly doubtful to me.

            TSLA is down because the entire market is down.

      2. Get Real says:

        This from the person (Texas FFE) who rages that Tesla should allow any other manufactures EVs to charge FOR FREE at the Tesla owned and built superchargers!

        1. Texas FFE says:

          Get real, I never said anything about anyone charging for free. Anyone that uses the Tesla Superchargers should be willing to pay what Tesla owners pay. What do Tesla owners pay, a $2,500 activation fee and then a $600 annual maintenance fee. Doesn’t sound like Tesla owners are getting free Superchargering for free.

          1. Pushmi-Pullyu says:

            Ummm, no, it’s a $2000 lifetime access fee for Supercharger use, period. There is a $600 annual fee for maintaining the car, which has nothing at all to do with Supercharger use; Tesla Model S owners had to pay that fee before Tesla had installed even a single Supercharger.

            But it’s good to read, Texas FFE, that you did not actually mean to demand that Tesla allow you to use their Superchargers for free… which is the way your rant read.

            I still find it amusing to imagine the look on your face had you actually been physically able to hook up your non-Tesla car to a Supercharger. We would hope your EV’s electrical system would have blown a fuse, rather than let the battery pack be fried by attempting to charge at 120 kilowatts… LOL!

            1. Grendal says:

              All Tesla’s now have free Supercharger use. The $2000 was for the 60 kWh version which was discontinued. I know you know but I thought it could use clarification.

              1. Pushmi-Pullyu says:

                Well, it’s a bit more complicated than that. I won’t claim this is a “fact”; it’s more a matter of viewpoint.

                According to Tesla, the $2000 is now included in the price of the Model S (and X). Think of it as “standard equipment” for the cars.

                Or at least, that’s my viewpoint. Your mileage may differ. 😉

    2. evcarnut says:

      Yea..It’s fact&documented .. that is the reason Tesla is suing those particular Germans , Breach of contract…They Dogged it , Got it Wrong & Failed To deliver.

  17. Mtavel says:

    Poweralls, are those battery powered Overalls?

  18. Mister G says:

    GO TESLA GO…I WANT MODEL 3 YESTERDAY

  19. Three Electrics says:

    I conclude that the GF is behind schedule. It may be assembling Powerwalls, but that’s it. Tesla has no cash; until they raise some the expensive stuff is not going to be installed. It may have been ahead of schedule at some point, when progress was measured by putting up walls and ceilings, but we should already be in a more advanced phase.

      1. tftf says:

        All these links refer to the current pilot plant only.

        Why did Tesla for example remove a steel structure already under construction next to the current building?

        PS: Some of the authors behind Cleantechnica are long Tesla stock which means they have vested interest in posting good news about Tesla. How is that for journalistic integrity?

        1. Pushmi-Pullyu says:

          The thing is, tftf… from long experience reading your FUD on Seeking Alpha, there is no rational reason to believe anything you say about Tesla. Even something which appears to be true is likely to be, at best, a half-truth.

          Not everyone who is invested in TSLA feels compelled to lie or tell half-truths about Tesla. In fact, that dishonest activity seems to come almost entirely from TSLA short-sellers. Even the TSLA pumpers on Seeking Alpha stick mostly to Truth. Not entirely, but mostly.

          But that shouldn’t be surprising to anyone who actually follows the “story” of Tesla. The company has jumped from surprising success to astounding success, continually confounding the predictions of most analysts. There is very little reason for TSLA pumpers to lie or twist the truth, when Tesla is already vastly exceeding expectations! Why resort to untruths when the absolute Truth will serve you better?

          1. tftf says:

            “There is very little reason for TSLA pumpers to lie or twist the truth, when Tesla is already vastly exceeding expectations!”

            Have you actzally read Tesla’s balance sheet and cash-flow statement?

            Have you seen their convertible bonds?

            Do you know what happens in a downturn when cash hungry companies find closed doors?

            Do you think the 2009 bully cycle in Western market will continue forever?

            PS: I have been investing for myself and then for others since the early 90s. What is your experience in this field?

            1. Get Real says:

              Well Mr. Fudster stock-manipulator. Tesla has VASTLY exceeded expectations. Afterall, they are the FIRST successful new mass production US automotive company since Dodge in over 100 years.

              I have looked at their financials and I’m not concerned in the least. They are plowing all the money they make and financing additional money to grow their business which has had spectacular growth (doubling every year).

              When their main product has been widely acclaimed as the Best Car made and they are in the process of starting to sell what will probably likewise be considered the best SUV made they are being wildly successful. You obviously choose to ignore what Tesla has already done to the competition in the large luxury car class.

              But we all know that the Model 3 will be what defines Tesla at this stage. As long as they can deliver another compelling long-range BEV in the $30,000-$40,000 range they will have the battery supply to make them in the hundreds of thousands not to mention supply what will be a growing battery storage market.

              The GF#1 is now in the process of going into initial operation and it will only expand from there. Panasonic is fully onboard and as Tesla becomes more and more vertically integrated they will become very profitable over time because of the growing strength of their brand.

              Yes they make money the old-fashioned way, by building real products which are things of value unlike you and your financial manipulators and gamblers are doing. We have already seen what you types can do to our economy and I know that eventually the people and the Govt will re-regulate what is essentially financial gambling.

    1. Grendal says:

      The GF is ahead of schedule according to everyone. Production has already begun which is ahead of schedule. Whether it remains on schedule is reasonably debatable though.

      Elon said a week ago that Model 3 production will begin in 2017. That needs a working GF.

  20. alex says:

    “The good news it that the Gigafactory is on schedule. Production of Tesla Powerwalls has already began, and Tesla meets the legal requirements of the tax incentive package”.

    That’s good news indeed!

    “The Tesla-Panasonic battery gigafactory is falling far short of the economic impact projections on jobs and capital investment used to persuade lawmakers to approve a record-breaking tax incentive package for the project, according to an analysis by the Reno Gazette-Journal”.

    Huh? How can something being on schedule fall behind???

    “According to the review of available public documents, the project has generated just a fraction of the jobs, payroll and capital investment projected for the first year in a study commissioned by the Governor’s Office of Economic Development during the 2014 special session.”

    Turns out Tesla falls far behind not their schedule but some study, commissioned by the Governor’s Office of Economic Development (to a local undergrad school of business?)

  21. Phr3d says:

    what a bash-tastic ride This comment section turned out to be.. and to what end?

    The “I ♥ EV” combined with “I HATE -fill in the blank- company”

    anti-EV gotta Luv this passion..

    “Tesla is BEST!”, no “Tesla sux cuz they’re cooking their books!” (unlike Apple, back in the Microsoft cash-infusion era)

    “GM is BEST!”, no “GM is gub’m’t motors” (ignoring that the JIT model that holds prices down was Destroyed when No One would loan Anyone any money and GM could not produce cars they had Orders for without cash to pay parts suppliers)

    the beat goes on..

    what I’m getting at is a religious unwillingness to see Any Value in the contrary.. there is always value, and seldom malice (looking for malice is self-defeating and often makes you look like a zealot.)

    FUD is seldom a bad thing to people that do Not view the world as sheeple blindly following it

    /rant

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