Tesla Giga Texas could start Model Y production in 7-10 days: Wedbush analyst

Wedbush Managing Director and Chief Equity Analyst Dan Ives recently published an interesting estimate for Tesla’s Gigafactory Texas project. According to the Wall Street veteran, Giga Texas may be able to start production of the Model Y within the next seven to 10 days. If Wedbush’s estimate proves accurate, Tesla could see some serious momentum in the first quarter of 2022.

“Based on our analysis of the Giga Austin, it appears that the paperwork is now clearing the way for Model Y production to begin within the next seven to 10 days. We believe the Model Y stamping and testing machines are already in place and mostly completed, and a green light for Tesla to start Austin,” Ives Spread.

Earlier this month, reports emerged from the Lone Star State that Tesla is gathering the necessary documents to ensure that Gigafactory Texas can open smoothly. Even Travis County spokesperson Hector Nieto noted that certain sections of Giga Texas have already received their own certifications of compliance from the county fire director. These certifications are required before a facility can be officially opened.

The Giga Texas site has been very crowded lately, with the huge complex being a hub of activity. Interestingly enough, recent videos from the site have hinted that the Cybertruck may receive some new machines. During the final bridge, drone operator Jeff Roberts was able to snap photos of what appeared to be equipment being loaded into a section of the plant expected to be dedicated to the production of the Cybertruck.

Reports of an apparent start of production at Giga Texas have been gaining momentum lately. Just last week, Chinese media Yicai globalWhile reporting on solar panel giant Longi Green Energy’s contract with Tesla for the Giga Texas solar system, he noted on Twitter that the company’s Texas location for the electric car maker will begin operations very soon.

The Texas Gigafactory is expected to cover 4.28 million square feet and will be divided between several divisions consisting of general assembly, sealing, and casting. The plant will begin operations with the production of the Tesla Model Y, and Cybertruck will follow. Other vehicles such as the Model 3 and Tesla Semi are also expected to be produced at Gigafactory Texas, likely in the future.

Here is the last drone bridge at the Giga Texas site.

Feel free to contact us for news tips. Just send a message to [email protected] To provide us with an alert.

Tesla Giga Texas Model Y can start production in 7-10 days: Wedbush محلل Analyzer

best of the web (1)

Related posts

Growth bargains, upbeat earnings boost Wall Street

The Nasdaq logo is displayed at the Nasdaq market site in Times Square in New York City, US…
Read more

Nasdaq rebounds from correction, Travelers jumps

The United States is in a period when “fixed assets are significantly outperforming,&#8221…
Read more

Why Netflix is raising prices

The company boosted subscriber costs on Friday, a move that raised its share price and raised…
Read more
Become a Trendsetter
Sign up for Davenport’s Daily Digest and get the best of Davenport, tailored for you.

Leave a Reply

Your email address will not be published. Required fields are marked *