Undoubtedly Tesla figure like Leader undeniable electrified car market. However, over the years it has become increasingly difficult to keep up with the competition.
While it continues to be the top seller, the truth is that more and more brands will have electric models by 2030, gradually increasing their production to reach 100% electrification of their vehicle line by 2050.
This means that South Africans must tread carefully to continue to dominate the industry. For that reason, before shutting down this year, it revealed several clues to the future of the North American company, piqued by some because of the amount of money the company’s CEO had to pay for Twitter.
5 Important Keys for Tesla
Tesla Commitment: Elon Musk has shown that he is still more committed than ever to Tesla, contrary to what many might think after the acquisition of Twitter after the entire controversial scenario surrounding said transaction.
No more promotions: It seems that the purchase of Twitter hit Elon Musk’s pocket, so he was forced to sell part of Tesla’s shares. However, there will be no more sales until 2025.
“I will not be selling shares for another 18 to 24 months. Not before 2025. I needed to sell. I won’t be selling stocks for probably two years… I’m a little paranoid after two recessions,” he said.
Support how to place: The South African commented that Tesla is ready to face economic challenges. He didn’t say that it would happen, only that they were prepared to counter them in the best possible way, and in fact assured that they could do better than other companies.
“I think Tesla will weather the next economic storm better than any other company. Unless the company bakes bread,” he said.
own lithium: The shortage of supply is obvious, which is why Tesla began negotiations for a lithium processing plant in November 2022 with the aim of creating its own production line. “Tesla is building a lithium recycling plant in Texas to make it easier to recycle lithium.”
He also added that 7 years seems like a long enough period, so the task was set for it to be ready in a couple of years. “Seven years to build an oil refinery is crazy. Our goal is to have a significant amount of product out of the factory in 2 years. We are also refining cathodes at Giga Texas for nickel-based cathodes,” he said.
Tesla Electric: Finally, Tesla recently launched Tesla Electric, allowing Powerwall owners to participate in Virtual Power Plants (VPPs). “The overall goal is to accelerate the advent of sustainable energy. Power generation, storage and electric transport. We are working on all three. The demand for large batteries is virtually endless. As long as the Tesla battery is cheaper than the peak installation, demand will be insatiable.”
Source: La Opinion
Ray Bly is an accomplished journalist in the field of Automobile. He currently works as a writer at 24 news breaker. With a deep understanding of the Automotive industry and a talent for uncovering the latest developments, Ray’s writing provides readers with insightful and informative coverage of the latest news and trends in the field.