Berkshire is hoarding so. much. cash.
What is Tesla Planning for its Gigafactory Berlin Expansion?
Tesla, the renowned electric vehicle manufacturer, has recently submitted plans for a substantial expansion of its Gigafactory Berlin. The proposed expansion aims to significantly increase production capacity and incorporate various sustainable features.
Aiming for 1 Million Vehicles and 100 GWh of Battery Production:
Tesla's plans include the capacity to produce up to 1 million vehicles per year at Gigafactory Berlin, a significant increase from its current production capacity. Additionally, the expansion aims to accommodate the production of 100 gigawatt-hours (GWh) of batteries annually.
Embracing Sustainability in the Expansion:
Tesla's ambitious plan not only focuses on boosting production but also incorporates sustainable elements. The proposal includes the creation of a water recycling facility, a new logistics area, and enhanced battery storage capabilities. The introduction of a solar roof as part of the expansion is also notable.
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Furthermore, Tesla plans to implement a concept called "solar roof charging," which would utilize the solar energy harnessed by the roof to power the charging of electric vehicles.
Solar Energy Farm and Cell Production Increase:
According to the application documents, Tesla also intends to establish a 50-megawatt (MW) solar energy farm at Gigafactory Berlin. This sustainable energy source will be supported by a 30-megawatt-hour (MWh) energy storage system, powered by Tesla's own Megapack batteries.
Moreover, Tesla has set its sights on doubling its cell production at Gigafactory Berlin, indicating its determination to meet the growing demand for electric vehicles.
A Three-Stage Expansion Plan:
The proposed expansion will be implemented in three stages, with the first phase expected to be operational in the first half of 2024, subject to approval. Tesla's progressive approach ensures that the expansion aligns with its long-term vision and scalability.
Tesla's plans for Gigafactory Berlin highlight the company's commitment to sustainable production and meeting the increasing global demand for electric vehicles. If approved, this expansion could mark a significant milestone in Tesla's mission to transition the world to sustainable energy and transportation systems.
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Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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