Published , by TJ Denzer
Published , by TJ Denzer
The issues with chip shortage have affected a number of technology industries across the board over the course of years, but production is running into a set of new and unique issues on top that. Sea ports around the world are clogged due to never-before-seen shipping volume and power grids failing in major parts of the world. It’s a collection of factors that Tesla has attributed to trouble in manufacturing in its recent Q3 2021 quarterly results.
Tesla posted its Q3 2021 quarterly financial results on its investor relations website on October 20, 2021 alongside a presentation to go with it. It was in this presentation that Tesla detailed the number of issues that are affecting its global production lines.
To that end, Tesla claims it has ramped up efforts to produce alternative production and shipping methods to the ones currently in place. It promises to shift further production into not only Berlin, Germany, but also its new Gigafactory in Austin, Texas, which has become its official headquarters.
The shift in factory reliance likely won’t make the semiconductor famine go away or move shipping congestion on the coasts any quicker, but Tesla seems convinced that it can at least alleviate some of the pressure points of the production process with its planned efforts. It will remain to be seen if it can hold true on production builds of the Model Y before 2021 ends. Stay tuned as we continue to follow for further updates and information and check out further reveals from the Tesla Q3 quarterly financial results.