Elon Musk Dreams Of Tesla Making A Drivetrain Every Second, 5X Faster Than Right Now
Portfolio Pulse from Anan Ashraf
Tesla Inc (NASDAQ:TSLA) CEO Elon Musk envisions the company making a drivetrain every second, significantly faster than the current rate. This announcement follows Tesla's milestone of producing its 10 millionth drive unit. Most of Tesla's drive units are made in Giga Nevada, which has produced 5 million units. The drive unit is crucial for EVs, converting electrical energy to mechanical energy.
August 02, 2024 | 6:02 am
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Elon Musk's vision of Tesla producing a drivetrain every second could significantly boost production efficiency and reduce costs. This follows the milestone of 10 million drive units produced, with Giga Nevada playing a key role.
Musk's ambitious production goals, if achieved, could lead to significant cost reductions and efficiency improvements, positively impacting Tesla's profitability and stock price. The milestone of 10 million drive units underscores Tesla's production capabilities.
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