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BREAKING! Tesla's Elon Musk Has a Dire Warning for Nio, Rivian and Lucid

Elon Musk has thrown down a gauntlet for the coming year to its upstart competitors Lucid Motors, Nio and Rivian. Also robots.

Elon Musk's challenge is that Tesla won't introduce any new models in 2022. That may disappoint its fans, who seem to like the company's constant innovation, but it should terrify Lucid, Rivian and Lucid.

That's because Elon Musk's plans for Tesla in 2022 are not about innovation, but expansion. He spoke about it during the company's fourth-quarter earnings call.

"I think it is worth noting that we -- and as the internet has observed, we've been making quite a few cars in Texas and Berlin, so -- in Austin and Berlin. So in Texas, we're building the Model Ys with the structural battery pack and the 4680 cells, and we'll start delivering after final certification of the vehicle, which should be fairly soon. Capacity expansion will continue through maximizing output of each factory and building new factories and new locations in the future. Although we're not ready to announce any new locations on this call, but we will get through 2022 look at new locations, and probably be able to announce new locations toward the end of this year, I expect."

Tesla has a massive lead in production over its rivals, such as Lucid Motors, Rivian and Nio, and it plans to devote the next year to extending that lead.

How Far Ahead of Nio, Rivian and Lucid Is Tesla? Daniel Kline explains in TheStreet.

"Tesla came in at 1 million vehicles delivered last year and it's not unreasonable to expect that to at least double in 2022. Nio, Lucid, and Rivian remain absurdly behind:

"Lucid delivered dozens, not even hundreds of vehicles in 2021. The company expects to hit half a million vehicles by 2030.

"Nio hit 9.652 cars delivered in January. That's an improvement over the previous quarter where it averaged about 8,000 per month.

"Rivian delivered less than 1,000 vehicles in 2021. The company has a second factory being built that will be completed in 2024. That facility will have a capacity of 400,000 cars per year."

#Tesla
#ElonMusk

Tesla's lead over its competitors. Elon Musk speaks about Tesla competitors Lucid, Nio and Rivian. Tesla's Lead over Lucid Motors. Tesla and Rivian. Tesla and Nio. Elon Musk speaks about Tesla's plans for 2022.

This is Armen Hareyan from Torque News. Please follow us at https://twitter.com/torquenewsauto on Twitter and https://www.torquenews.com/ for daily automotive news.

Reference
The Street https://www.thestreet.com/investing/teslas-elon-musk-has-a-dire-warning-for-nio-rivian-and-lucid

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5 февраля 2022 г. 20:09:47
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