StarFoxisDown!
Well-Known Member
I don't think Elon has any care for the near term movements of the stock and that's very clear to everyone at this point.zero chance they could shut down Fremont and move it to Tesla and be back up and running with similar production volume in 1Q, let alone 2Q. IF they did that, it’s another story of consolidation - but not a good one, and would be a much greater indicator that they see VERY low demand and most likely losing 2-3Q of regular production level at least NA wide, would probably result in another 25% down at least. NFA
It would actually be a net medium-long term benefit to Tesla. Austin workforce is much cheaper than Fremont. Operational costs woud be much cheaper to operate the same lines. Tesla could go full throttle production for the next 1-2 quarters increasing inventory stockpiles (which is already high) and then shut down, pack it up, and move it for 2 quarters, sell through inventory, giving Austin 2 quarters to ramp 3/S/X lines....which is definitely doable.