Tesla negotiated a killer deal on its European Gigafactory

Joey Klender

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Posted on January 8, 2020

A number of details from Tesla’s purchase contract for Gigafactory 4’s land have been released, revealing that the all-electric car maker has managed to negotiate a great price for the 300-hectare property. According to local reports, Tesla will be able to acquire the GF4’s complex for just €40.91 million, or $45.48 million.

Reports from German media outlet RBB24 state the company will pay just €13.52 per square meter for the property located in Grünheide. This is significantly less than what Tesla paid for the property that is currently inhabited by Gigafactory 3 in Shanghai. Tesla bought that 86.5-hectare site for 973 million Chinese Yuan, or slightly more than $140 million.

Nearby pieces of land in the Freienbrink Business Park cost nearly three times as much per square meter. This is because plots of land at Freienbrink already have public roads, installed water systems, street lights, and electricity. These are all things Tesla will have to take care of on its own at the Grünheide site.

Local governments will begin conducting meetings to go over the finer details of the project soon. The Environmental Committee of the Brandenburg State Parliament will talk about the project’s environmental impacts on January 8. Tesla has already started the removal of trees from 90 hectares of the land. This project is set to be completed by February 27, but Tesla has run into some bumps in the road because the company does not want to risk the wildlife currently inhabiting the area.

The committee is aware of Tesla’s plan to eventually build and manufacture 500,000 vehicles at Gigafactory 4, though this would result in the facility being expanded. Tesla would then have to remove trees from a further 154 hectares of land. While the value of the forest is relatively low according to an environmental impact assessment, it seems that animals are of more concern than the trees themselves. Lizards, forest ants, and wolves inhabit the area and are all considered to be worth protecting.

The Brandenburg State Parliament will have an economics meeting on January 9 to make its decision on the Gigafactory 4 project. A Democratic budget politician by the name of Ronny Kretschmer stated that the purchase price was too low considering the nearby Freinbrink land value. He believes the property should have been purchased for around €40 per square meter like other slots of nearby land.

Gigafactory 4 is expected to roll its first cars off the production line in June 2021 beginning with the Model Y crossover. The considerably low purchase price for Gigafactory 4 will make it extremely simple for the company to make its money back on the project. Following overwhelming support from some of the area’s top officials, it seems Tesla’s new production plant will have plenty of momentum as construction is set to begin, likely sooner than later.

Tesla negotiated a killer deal on its European Gigafactory

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Elon Musk hints at ‘Advanced Manufacturing Technologies’ to ramp Tesla Model Y in China

Joey Klender

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Posted on January 7, 2020

Tesla CEO Elon Musk spoke of new “advanced manufacturing technologies” for the Model Y crossover at the company’s Model 3 event in Shanghai.

“Model Y will also have some advanced manufacturing technology that we will reveal in the future. I think it will be exciting to show the kind of manufacturing technology associated with the Model Y and it will be exciting to learn about these technologies,” Musk said when speaking about the production of the company’s first crossover.

The addition of these new “advanced technologies” could be Tesla’s answer to reaching the goal of producing 500,000 vehicles annually at Gigafactory 3. It also brings some interesting possibilities to mind, such as the potential use of a giant casting machine that reduce welds in the vehicle’s body, as hinted at by patents from the company.

Tesla officially launched the Model Y program today at Gigafactory 3 by pouring glasses of champagne on top of a ‘Y’ sculpture located at the production plant on the outskirts of Shanghai. CEO Elon Musk could be seen smiling while launching he Model Y in China, which could result in the crossover entering production in Gigafactory 3 within this year.

After a leaked photo of a poster sparked rumors of the company’s plans to begin the Model Y program on January 7, many speculated the production of the vehicle would be accelerated as well. However, there is no official timeline to build the Model Y in Shanghai as Tesla officials did not speak in detail about the upcoming Model Y ramp.

Model Y production in China should not be a difficult task to complete for the site’s production team. The crossover utilizes around 75% of the same parts as the Model 3, meaning there is not a huge difference between the two vehicles’ actual building process. Building these two cars side-by-side would not be a difficult challenge and would ultimately prove beneficial to Tesla’s ultimate goal to achieve a 500,000 vehicle production rate at Gigafactory 3.

The plant has already started producing the Model 3 at a run-rate of 3,000 vehicles per week. Without the Model Y, Gigafactory 3 is building around 150,000 Model 3 vehicles a year. If Tesla can produce the Model Y at the same rate, the company would be well on its way to achieving the half-a-million-a-year vehicle goal they are aiming for.

Elon Musk hints at ‘Advanced Manufacturing Technologies’ to ramp Tesla Model Y in China

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Tesla Cybertruck wins Concept Car of the Year award for its insanely unique design

Joey Klender

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Posted on January 6, 2020

The Tesla Cybertruck has been subjected to many nods of both praise and criticism. But as we begin the new year and a new decade, we can mark another tally in the vehicle’s “Praise” section, as Automobile Magazine has named the electric pickup truck from Tesla as their Concept Car of the Year.

Automobile Magazine made it simple: the basic idea and shape of the car were simply so unique that it was easily the best concept of 2019. Inspired by the late Syd Mead’s designs in Blade Runner, the truck was met with a lot of criticism early on due to its XY design, and critics were particularly vocal about their discontent. Nevertheless, the truck has inspired a lot of interest, part of which fueled at least 250,000 reservations for the vehicle.

“Some critiques we read in the first few hours after its initial reveal suggested it to be a manifestation of unimaginative brutality, crude, ugly, and totally impractical. It is certainly different from traditional pickups, which apart from size have not really changed in concept in 100 years. Is it better than the tens of millions of pickups made during the past century? That remains to be seen, but as a concept vehicle it’s both exciting and profoundly interesting,” the publication wrote.

Cumberford believes that someone who fails to recognize the Cybertruck’s unique structure and states that it is “brutal” would show a “complete lack of comprehension as to how subtle and intelligent the Cybertruck’s designers were in defining its outer skin.”

The motoring publication also noted how the Cybertruck features a lot of practical features, such as its adaptive suspension that makes it easier for the vehicle to load and unload cargo. The all-electric pickup’s off-road capabilities were also considered as key strengths of the Tesla Cybertruck.

With this award, the Cybertruck joins the ranks of Tesla’s other vehicles like the Model 3, which has also been receiving multiple awards due to its mix of performance, practicality, and price. Since then, the truck has been talked about by people from all different walks of life. Automotive industry veterans and musicians have commented or given the truck their nod of approval. The Cybertruck was even used as a hero vehicle in a rap video, together with its companion all-electric ATV and Elon Musk’s Not-a-Flamethrower.

The Cybertruck’s Dual Motor AWD and Tri-Motor AWD variants will both enter production at the tail end of 2021 and will cost $49,990 and $69,990 respectively. The Single Motor RWD trim will be built the following year and will cost $39,990.

Tesla Cybertruck wins Concept Car of the Year award for its insanely unique design

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