12.14.17 – Positive News from Model 3 Supplier, Update on US Federal EV Tax Credit
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K 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
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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
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| 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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