Berlin plant starts, Tesla's stock is about to have a big run？
Elon Musk dances as Tesla opens $5.5 billion German factory
Elon Musk celebrated the $5.5 billion manufacturing plant’s opening
If the establishment of the Shanghai Gigafactory in China has given $Tesla Motors(TSLA)$ a firm foothold in the world's largest new energy car market, then the launch of the Berlin plant is more like Tesla's success in putting the revolutionary banner of new energy vehicles into the world's auto industry the hinterland.
With the delivery of the first batch of 30 "European version" Model Ys to users, Tesla's factory in Berlin, Brandenburg, Germany officially opened.
The Berlin factory is Tesla's second overseas super factory and Tesla's fourth global factory.
On Tuesday's trade, Tesla rose 7.91% closed at $993.98.
- Some fundamentals of the Berlin factory
Tesla's Berlin factory covers an area of 300 hectares, with a planned investment of 4 billion euros, with an annual assembly capacity of 500,000 vehicles, and an annual capacity of 50GkWh for the supporting 4680 battery factory. Together, the two factories are expected to be able to solve local problems. 12,000 jobs.
The Berlin factory will only produce and deliver the Model Y Performance in black and white, with other colors being added gradually as production ramps up.
In the first six months, Tesla plans to have a production capacity of 30,000 vehicles, and the current pace is 100 vehicles per day, which is expected to increase to 1,000 vehicles per week by the end of April. As for when to start production of other versions of Model Y, Tesla has not given an accurate time yet.
Target 1.5 million units delivered in 2022 !
In 2021, Tesla sold 936,000 cars worldwide, making it the world's best-selling new energy vehicle. According to Musk's vision in February in 2022, Tesla's deliveries will increase by more than 50% this year, which means that Tesla's global sales are expected to reach 1.4 million units this year, or even exceed 1.5 million units.
Where does Tesla's confidence come from?
The Berlin factory is naturally an important weight in Musk's heart. In 2021, the registration of pure electric vehicles in Europe was 1,205,387 units, and the Tesla family contributed 167,549 units, accounting for 13% of the market.
In addition, the Austin factory in Texas, USA is also about to be ready, and this new factory with an annual production capacity of 500,000 units is also full of vitality.
In China, in 2021, the Shanghai plant will hand over 450,000 new cars. According to Reuters, with the expansion of the factory this year, the production capacity of the Shanghai factory can be pulled to 1.1 million units this year, which is an astonishing figure.
So under this production expecatation, Do you think, Tesla's stock is about to have a big run？
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