Tesla Making A Statement In Germany
The German automobile industry is known all over the world. German engineering means something. For that reason, it is telling when Tesla moves into Germany and takes over.
In this video we review the August numbers for cars sales in Germany, specifically PEV.
▶️ 3Speak
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something very good could come out of it Tesla+German technology could be the start of interesting things in the near future
Summary:
In this video, Task discusses the current state of Tesla in Germany and the impact it is having on the traditional German automobile industry. He highlights the increase in popularity of electric vehicles, with Tesla's Model Y leading sales in Germany. Task also mentions how Tesla's production in China is likely to impact the European market, specifically challenging the dominance of German luxury car manufacturers. The video concludes with Task raising the question of how the German automakers will fare against Tesla's growing presence in the market.
Detailed Article:
Task opens the video by emphasizing the importance of Tesla's presence in Germany, a country renowned for its automobile industry dominated by brands such as Volkswagen, BMW, Audi, and Mercedes. He touches on the challenges faced by traditional automakers, particularly Volkswagen's struggle to adapt to electric vehicles, leading to the dismissal of Herbert Dees for advocating for the move towards EVs.
The focus then shifts to the European automobile industry, which Task notes has hit peak sales, leading to increased competition among manufacturers for a shrinking market. He discusses the shift towards electric vehicles in Germany, with plug-in electric vehicles accounting for a significant percentage of sales, signaling a decline in internal combustion engine vehicles.
Regarding Tesla's operations, Task mentions the production increase at the Berlin plant, specifically for the Model Y, with plans to scale up production to potentially over 1 million vehicles per year. He highlights the impressive sales figures of the Model Y in Germany compared to other electric vehicles, showcasing Tesla's dominance in the market.
Task also delves into Tesla's production in Shanghai, China, emphasizing the significant volume of cars being exported from there. He mentions Tesla's strategy of exporting vehicles in the first two months of a quarter and focusing on local deliveries in the third month, projecting a production of 100,000 cars in September. This production surplus is expected to impact the European market, posing a challenge to German automakers in the luxury and premium segment.
In conclusion, Task raises the question of how German automakers will compete with Tesla's growing presence in the European market, particularly in the premium segment. He leaves viewers with the anticipation of seeing how the industry dynamics unfold with Tesla's increasing influence.