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Tesla Daily: Tesla News & Analysis

12.14.17 – Positive News from Model 3 Supplier, Update on US Federal EV Tax Credit

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tech News, Technology, News

4.81.1K Ratings

🗓️ 14 December 2017

⏱️ 5 minutes

🧾️ Download transcript

Summary

– Tesla supplier Hota Industrial Manufacturing Company announces increased production targets for Model 3 parts
– Bloomberg provides an update on the status of the federal EV tax credit in tax bill negotiations

Links:
Email > tesladailypodcast@gmail.com
Twitter > @teslapodcast
Patreon > patreon.com/tesladailypodcast

Music by Evan Schaeffer

The post 12.14.17 – Positive News from Model 3 Supplier, Update on US Federal EV Tax Credit appeared first on TechCast Daily.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello and welcome to the Thursday December 14th

0:09.7

2017 edition of Tesla Daily on Official Tesla Podcast.

0:13.1

My name is Rob Mower.

0:13.9

Today we're talking about some good news from a model 3 supplier,

0:16.8

as well as the US Federal EV tax credit.

0:19.5

Tesla stock on Wednesday closed down 0.59% to $3.3

0:25.1

This compared to the NASDAQ down 0.20%.

0:27.9

Supercharger network update,

0:29.2

we are currently at 1,080 supercharging locations

0:32.2

with new stations opening up in Massachusetts and Maryland,

0:35.3

as well as Australia and Switzerland.

0:37.6

We have news today on Model 3 production from a Model 3 supplier, Hoda Industrial Manufacturing Company.

0:43.3

You may remember the name Hoda because back in October,

0:46.2

Hoda announced that Tesla actually reduced their weekly production targets

0:50.1

for Hoda from 5,000 sets of parts per week to 3,000 sets of parts per week.

0:55.9

This was heavily discussed at the time.

0:57.6

You may remember that Tesla was required to give Hoda a certain number of weeks of warning

1:02.4

to reduce those production targets.

1:04.3

So this was back in October and Tesla was reducing production for December at that point in time.

1:09.4

So adjusting production targets for about six to eight weeks out most likely.

1:13.0

Hoda is now in the news again for very opposite reasons this time.

1:17.0

Hoda's chairman has announced that Tesla has actually increased their production targets back up to 5,000 sets of parts per week.

...

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