Although tesla CEO elomask told the event :" yes, we will produce batteries in berlin ."But after consulting Tesla's license application, Zhi Tong Finance believes the company seems to have abandoned plans to produce batteries locally. tesla berlin factory will import batteries (and plastic parts) from other places, most likely china.
Musk is bragging again? Tesla is currently unable to produce batteries in Germany
The batteries of German-made cars may come from China because it has both a cost advantage and helps Tesla meet the tax needs of its Shanghai super factory.
Tesla has not applied for a battery license
Zhi Tong Finance revisited Tesla's revised license application (expected final approval in December). it has nothing to do with battery manufacturing, even the battery assembly is removed. These changes may be due to concerns about industrial wastewater.
As early as the end of July, Potsdamer Neueste Nachtrichten confirmed that Tesla's current license application does not include any battery manufacturing or battery assembly.
Tesla hopes that the new factory outside Berlin will produce 500000 electric vehicles a year, where the body shells will be assembled. The first cars will be off line in July 2021. Factory prior approval and application documents do not include battery production. The subsequent expansion of the plant may include a battery plant, but the plant is unable to produce and assemble batteries.
A media report on September 23 initially said that during this period, Tesla had submitted a supplementary license application for battery production. However, the media report has now been corrected to make it clear that Tesla has not yet launched such an application.
Tesla said on Thursday (September 24) that it would start a new battery production approval application. The timetable for submission has not yet been communicated.
So what about previous concerns about water? According to media reports, Tesla has provided German officials with "a promise not to use too much water ".
Does this mean that Tesla intends to use Musk's new process discussed on Battery Day to produce batteries? For Tesla, building battery manufacturing plants with existing technology makes little sense, because Tesla has promised that a new and better production method will come out in a few years.
Tesla has a long way to go from producing endless ear electrodes. And the technical problems to overcome with the new process are only part of many of the technical challenges Tesla faces in meeting its promised battery improvements.
therefore, there are three points of evidence that tesla will not be able to produce batteries in germany :1) tesla has not submitted any relevant applications ;2) the manufacturing process for tesla water-saving production does not exist ;3) many other technical challenges of the tesla battery design plan need to be overcome.
Without a wall
At present, Tesla's share price is drifting away from economic reality. It has nothing to do with the current economic situation. It has nothing to do with the basic financial situation of the company. It is driven by hype and gossip. Therefore, Tesla stock holders should pay attention to the risks in the market and put only a small part of the portfolio in this crazy stock.