41–50 of 163 posts
I'm astounded that they ever tried to operate a factory in the Bay Area to begin with. Forget about regulations and taxes. The real issue is cost of living. You're going to have to pay all employees 2-3X what you'd have to pay them elsewhere, and it's not like they're keeping any of that. It's all going to rent/mortgage payments.
"But Musk is said to want to start construction extremely soon and aims to have Model Y vehicles coming out of the plant by the end of the year." That is just delusional.
I think the rule with Elon Musk is all his estimates are extremely optimistic and you need to multiply them by two or three to get closer to reality. But I'm sure it serves a purpose in giving his employees an aggressive target to aim at. Even if they miss it, at least they probably got there sooner.
I'm looking for his most ambitious and oldest targets and so far, most of them have been reached/exceeded. The most important one being the 500,000 production vehicles run rate for 2020 and 35 GWh battery production for Gigafactory Nevaga. Multiplying that duration by 2 or 3 would bring us to 2027 or 2034... If you can find an even bigger and older target, please share so we can re-evaluate.
I'm astounded that they ever tried to operate a factory in the Bay Area to begin with. Forget about regulations and taxes. The real issue is cost of living. You're going to have to pay all employees 2-3X what you'd have to pay them elsewhere, and it's not like they're keeping any of that. It's all going to rent/mortgage payments.
Earlier quoted context omitted.
Back in 2013, they targeted 35GWh of battery production in 2020 for 500K/y vehicles (source: https://www.tesla.com/sites/default/files/blog_attachments/g... ) They've already exceeded that run rate on production and delivery (both batteries and vehicles) while being profitable. They do have ~a million cars on the road but the software is neither capable of self-driving nor car sharing. They year isn't over, though, a…
He wasn't off his rocker as much in 2013 as he is now. Sleep deprivation and possibly drugs really do wonders for mental health long term....
Or how the companies we're talking about are actually performing?
"But Musk is said to want to start construction extremely soon and aims to have Model Y vehicles coming out of the plant by the end of the year." That is just delusional.
I think the rule with Elon Musk is all his estimates are extremely optimistic and you need to multiply them by two or three to get closer to reality. But I'm sure it serves a purpose in giving his employees an aggressive target to aim at. Even if they miss it, at least they probably got there sooner.
Though, I guess in this case it's to put some pressure on Texan government burocracy to hurry up with permits etc.
Over here at Giga Berlin, the local government issued temporary permits extremely quickly (for German standards) but it takes still longer to get all the paperwork done than it took to actually built Giga Shanghai.
"But Musk is said to want to start construction extremely soon and aims to have Model Y vehicles coming out of the plant by the end of the year." That is just delusional.
I think the rule with Elon Musk is all his estimates are extremely optimistic and you need to multiply them by two or three to get closer to reality. But I'm sure it serves a purpose in giving his employees an aggressive target to aim at. Even if they miss it, at least they probably got there sooner.
That only works until the employees quickly realize the estimates are impossible bullshit, and stop taking them seriously.
I'm astounded that they ever tried to operate a factory in the Bay Area to begin with. Forget about regulations and taxes. The real issue is cost of living. You're going to have to pay all employees 2-3X what you'd have to pay them elsewhere, and it's not like they're keeping any of that. It's all going to rent/mortgage payments.
Austin is comparatively better but not a whole lot. The big three cities in Texas are getting extremely expensive with ridiculous traffic to boot.
"But Musk is said to want to start construction extremely soon and aims to have Model Y vehicles coming out of the plant by the end of the year." That is just delusional.
I think the rule with Elon Musk is all his estimates are extremely optimistic and you need to multiply them by two or three to get closer to reality. But I'm sure it serves a purpose in giving his employees an aggressive target to aim at. Even if they miss it, at least they probably got there sooner.