Why Tesla is holding back production
Tesla also comes to terms with the shortage of semiconductors and stops production in California. What financial consequences? Facts, assumptions and comments
Stop until 7 March.
Abrupt halt to production at Tesla's California plant. Elon Musk announced to Fremont employees that the Model 3 production line would be shut down from February 22 to March 7.
PROBLEMS OF SUPPLY FOR TESLA
The reasons for the stop have not been made explicit, but according to Bloomberg reports, Tesla fights with the problems of the supply chain, suffering from the shortage of semiconductors.
SAMSUNG'S STOP
In fact, as Reuters reports, Samsung Electronics, of which Tesla is a customer for the chips that control autonomous driving capabilities, last week said it had suspended operations at its Austin, Texas factory, as a winter storm caused disruption. of current.
SECTOR PROBLEM
The reasons for the stop, therefore, are not due to internal Tesla problems and, above all, do not concern only the American car manufacturer. “This is an industry-wide problem rather than something Tesla specific. But this episode provides a very useful reminder that electric vehicle manufacturing is subject to periodic supply chain bottlenecks, whether it be chips, batteries or other components, ”commented Raymond analyst James Pavel Molchanov, to Reuters.
THE FREMONT DI TESLA PLANT
Reasons aside, the problem is not insignificant. The California plant still accounts for a large portion of the automaker's production, with approximately 600,000 vehicles a year, including Model 3 and Model Y, leaving the factory.
THE FINANCIAL CONSEQUENCES FOR TESLA
And for this very reason, despite the interruptions of the production line are not unusual for car manufacturers, Tesla will have to account well for the impact of the stop. Finance chief Zach Kirkhorn has already announced that the company is working to manage disruptions, including economically.
NO EXCESSIVE CONCERNS AMONG ANALYSTS
The stoppage of the production chain, however, does not seem to worry the analysts excessively. “We are not overly concerned that this supply chain / factory disruption changes the overall delivery trajectory for Q1 and 2021,” Wedbush Securities analyst Dan Ives wrote in a statement.
This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/smartcity/perche-tesla-frena-la-produzione/ on Mon, 01 Mar 2021 14:31:24 +0000.