Information on Tesla’s New Factories in Mexico, India, & Netherlands to Construct 9 Million Automobiles a Yr

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One in all our readers complained immediately that we have been reporting on huge value cuts to Tesla automobiles, and clear developments these value cuts would possibly relate to — dropping Tesla gross sales. He was involved that we have been not centered on masking cleantech (or “clear teck” as he put it). I responded that “I’d like to report on all of the Tesla factories being construct to supply 4–5 million vehicles,” however I can not since that’s not taking place because it was speculated to by round this time — since Tesla has not been reaching its beforehand introduced goal of rising by 50% a yr.

Tesla had 499,550 gross sales in 2020. If it grew by 50% a yr from then via 2025, it could be at almost 9 million annual automobile gross sales. Nevertheless, final yr it had 1,789,226 automobile gross sales, down 1.1% from 1,808,581 automobile gross sales in 2023.

Just a few years in the past, Elon Musk was speaking about constructing many extra gigafactories. Plans have been for one in Mexico, one other in all probability in Asia, and one other in all probability in Europe. In 2022, Musk stated Tesla might in all probability finally construct 10–12 gigafactories all over the world. It at present has one in China, one in Texas, one in Germany, and — although it’s a unique sort of manufacturing unit — one in Nevada.

If issues have been going in response to plan, Tesla would most undoubtedly be effectively underway constructing a gigafactory in Mexico, and would most definitely be doing preliminary work on new gigafactories in Asia and Europe — maybe in India and the Netherlands (therefore the headline). Nevertheless, as I already famous, Tesla isn’t near being on schedule with its 2020 and even 2022 plans. Truly, its gross sales decline in 2024 was counter to steerage earlier in 2024 that Tesla would have gross sales development final yr.

So, right here’s the information on Tesla’s new factories in Mexico, India, & Netherlands to construct 9 million vehicles a yr: nada.

I’d like to report on large EV gross sales development at a pure clear firm like Tesla. … Effectively, truly, we’re doing that as effectively! See:

It’s simply that Tesla isn’t an EV development firm in the intervening time. Whereas the general EV market has been rising within the US and all over the world, Tesla has been declining. The information might burn, they might sting, however these are the information.

If Tesla goes bankrupt (unlikely however doable in the long term in fact), would it not make sense for CleanTechnica to not cowl that as a result of it’s a really unhealthy information story for cleantech? If we have been masking the smartphone market and Apple smartphone gross sales have been declining whereas Apple was providing increasingly more value reductions and incentives, would it not make sense to not cowl that?

Tesla gross sales are struggling proper now. That may be a truth, and a giant story within the EV market. Will they rebound? Presumably! And we will definitely cowl that in the event that they do! Will Tesla remedy Full Self Driving and roll out robotaxis after which begin constructing a dozen gigafactories? Possibly. If it does, will we cowl it? Clearly. However will we additionally cowl it if FSD robotaxi targets are missed for the ninth yr in a row? Yup. Ought to now we have ignored that they have been missed for 8 years? Clearly not, proper?

Additionally, if we’re masking Tesla’s gross sales decline and more and more determined efforts to draw extra consumers, ought to we not cowl the potential causes for the challenges? That wouldn’t be very helpful, would it not? Certain, if we have been solely Tesla cheerleaders and wished to fake the whole lot was rosy on the earth of Tesla, we might simply hype up Tesla’s already spectacular gross sales and ignore the problems. However I feel there are different locations to go for that in order for you really biased protection of the corporate that makes you are feeling higher about your TSLA shares.

Tesla says it has development drivers for 2025 gross sales — the brand new Mannequin Y, the Cybertruck, and a coming cheaper mannequin or two. Let’s see if that’s how issues play out. In the intervening time, based mostly on earlier statements, I feel we will’t simply go on Tesla steerage. Although, it has turn into clear that lots of people want residing in a fantasyland, and don’t like while you disturb that with real-world information and customary sense.