Tesla (TSLA) is planning a massive ramp up in Model Y production output from Gigafactory Texas in Q1 2023. In the meantime, the situation is a bit more complex in the United States with the pending tax credit.
Tesla has been keeping us updated on progress in the production ramp at Gigafactory Berlin, which has been producing 2,000 Model Y vehicles per week since last month. The automaker is also simultaneously ramping production up at Gigafactory Texas.
Tesla is a bit more tight-lipped, however, on the production rate at the Austin factory.
Tesla confirmed a production rate of 1,000 Model Ys a week back in June and confirmed having produced its 10,000th Model Y in September. But, the company never confirmed a production rate of 2,000 units per week, like it did for Gigafactory Berlin.
Nonetheless, we now learn that Tesla is feeling extremely confident about the production ramp at Gigafactory Texas.
A reliable source familiar with the matter told Electrek that Tesla is currently preparing for 75,000 Model Y vehicles to come out of Gigafactory Texas next quarter (Q1 2023).
That would put Tesla’s production rate at Gigafactory Texas at over 5,000 units per week throughout the whole quarter.
Even though Tesla is preparing for that kind of output in Q1 2023, it is not in a hurry to get there in Q4 as it is still establishing the logistics to be able to handle that kind of volume increase in the United States.
5,000 units per week is generally Tesla’s goal for volume production and where Tesla wants to be with the Model Y at Giga Texas before moving its focus to Cybertruck production.
Additionally, sources familiar with the matter told Electrek that Tesla is dealing with some level of cancellations in the United States right now due to long wait times leading to some customers’ situations changing between the time they place their order and the actual delivery.
They can’t push deliveries to try to secure the tax credit that comes into effect next year.
Due to this situation, Tesla appears to be nervous about finding itself with a lot of vehicles in inventory in the United States – like it did last quarter.
Electrek’s Take
We have been starting to see signs that Tesla is having some demand issues in the United States, but it seems to be temporary, primarily due to the tax credit.
And if that’s the case, you can also expect a surge in demand when the tax credit comes into effect in January.
It appears that Tesla is getting ready with a massive new output at Gigafactory Texas.
You would think that the automaker could also try to ramp up production sooner in Q4 and build inventory for when that demand comes, but it looks like the automaker is being more cautious and trying to avoid having too many vehicles in inventory at the end of the quarter.
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The Windsor, Ontario utility says it’s driving towards a more sustainable future after adding a dozen new electric vehicles to its fleet – including a state-of-the-art, 55-foot Terex electric bucket truck.
Based on a Class 7 (33,000 lb. GVWR) International eMV Series BEV, the Terex EV takes the eMV’s 291 kWh battery and adds the Terex Optima 55-foot aerial device and HyPower SmartPTO system to create a fully electrified utility service vehicle that can do anything its diesel counterparts can do while offering better, safer working conditions for utility crews.
“We’ve got 12 EVs,” said Gary Rossi, president and CEO, Enwin Utilities. That number represents fully 10% of the utility’s entire vehicle fleet. “Our centerpiece is our electric 55-feet bucket truck. It’s very quiet,” continues Rossi. “So (the truck) allows us, our crews, to communicate better. It’s not as loud in the community when they’re doing repairs in someone’s backyard.”
That notion is echoed by Terex, itself. The company says its HyPower SmartPTO (power take off), which replaces a mechanical PTO, avoids a loud idling engine while reducing workers’ exposure to toxic exhaust fumes.
“It’s all about building Windsor’s future and literally plugging into the battery factory down the road that is being constructed and showing that Windsor is a leader on this front,” says Drew Dilkens, Mayor of Windsor. “I don’t own an internal combustion engine vehicle,” adds Mayor Wilkins. “I only own two electric cars. My wife and I, we made the change starting in 2019 and I can’t see myself ever going back.”
CTV News Windsor
Enwin says its commitment to clean energy extends beyond its vehicle fleet. The company recently unveiled a massive MW solar rooftop net metering facility at its Rhodes Drive headquarters with over 3,000 solar panels. The site, one of Canada’s largest solar installations, generates enough clean electricity to power 300 homes annually.
Built by Damen Shipyards and the first fully electric tugboat to be deployed in the Middle East, the new RSD-E Tug 2513 Bu Tinah put in its record-breaking performance took place at Khalifa Port during ADIPEC, the world’s largest energy conference.
The RSD-E Tug 2513 is based on the already efficient hull design of the standard, diesel-powered RSD Tug 2513, but its new, fully electric propulsion arrangement enables it to offer zero emissions operations in situations where oil or fuel leakage would be – let’s say especially bad.
But, while the “clean” aspect of all-electric operation is obvious, its Guinness World Record of performance shows that the Damen RSD-E Tug 2513 is up to whatever task its owners put to it.
“This Guinness World Record achievement demonstrates that the transition to alternative energy does not come at the cost of performance,” explains Maritime & Shipping Cluster, AD Ports Group, Captain Ammar Mubarak Al Shaiba. “We are very proud that the first electric tug in the Middle East is also making waves on a global level with this accolade and the fact that in parallel it is improving the sustainability of our operations alongside cost efficiencies in terms of overall fuel saving is extremely important. This vessel is now a key component of our Marine Services fleet and our electrification strategy.”
To earn its record, the the Damen RSD-E Tug 2513 Bu Tinah recorded an average high peak bollard pull of 78.2 tonnes (about 86 ‘Murican tons). The record-setting tugboat can undertake a minimum of two towage operation on a single charge, and can be recharged on a marine DC fast charger in just two hours.
US President-elect Donald Trump speaks during a meeting with House Republicans at the Hyatt Regency hotel in Washington, DC on November 13, 2024.
Allison Robbert | AFP | Getty Images
President-elect Donald Trump on Saturday selected Liberty Energy CEO Chris Wright to serve as the next energy secretary of the United States.
Liberty Energy is an oilfield services company headquartered in Denver with a $2.7 billion market capitalization. The company’s stock gained nearly 9% on Nov. 6 after Trump won the U.S. presidential election, but its shares have since pulled back.
Wright serves on the board of Oklo, a nuclear power startup backed by OpenAI CEO Sam Altman that is developing micro reactors.
Wright will also serve on Trump’s Council of National Energy, the president-elect said Saturday. The council will be led by Trump’s pick for Interior Secretary, North Dakota Gov. Doug Burgum.
Wright has denied that climate change presents a global crisis that needs to be addressed through a transition away from fossil fuels.
“There is no climate crisis and we’re not in the midst of an energy transition either,” Wright said in a video posted on his LinkedIn page last year. “Humans and all complex life on earth is simply impossible without carbon dioxide. Hence the term carbon pollution is outrageous.”
“There is no such thing as clean energy or dirty energy,” Wright said. “All energy sources have impacts on the world both positive and negative.”
Trump described Wright as a “leading technologist and entrepreneur in the energy sector.”
“He has worked in Nuclear, Solar, Geothermal, and Oil and Gas,” the president-elect said in a statement Saturday.
“Most significantly, Chris was one of the pioneers who helped launch the American Shale Revolution that fueled American Energy Independence, and transformed the Global Energy Markets and Geopolitics,” Trump said.
The U.S. has produced more crude oil than any other country in history, including Russia and Saudi Arabia, since 2018, according to the Energy Information Administration.