Part 4/10:
Tesla's manufacturing expansion involves scaling Gigafactories in Berlin and Texas, currently operating at about 10% of their potential capacity. Despite these low utilization rates, Elon Musk signals aggressive production targets, aiming for hundreds of thousands of vehicles annually from these facilities.
However, ramping up such large-scale manufacturing takes time—a process often exceeding nine months—and involves gradual increases in output. The current low utilization rates of Tesla’s new plants indicate that the company is in the early stages of scaling production, reinforcing the view that demand might not be meeting expectations.