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Page 11 of 18
these factories are still slightly above Model Y production costs elsewhere
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2023 Q2
21 Jul 23
And in the quarter, our mix of Austin and Berlin related builds increased.
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2023 Q2
21 Jul 23
if we add up the total impact of this in Q2 relative to prior quarter, it’s about the same size and magnitude as the IRA benefits that we also received
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2023 Q2
21 Jul 23
Lithium is the most notable improvement so far.
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2023 Q2
21 Jul 23
this includes a 50-50 sharing of credits for qualified cells from our long-term battery partner, Panasonic
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2023 Q2
21 Jul 23
we provided previous guidance that we expect these to be for the course of this year in the range of $150 million to $250 million per quarter
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2023 Q2
21 Jul 23
We expect these credits to lower our median customer’s annual bill by a third and to increase these credits over time as ERCOT expands market access.
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2023 Q2
21 Jul 23
Yesterday, we began paying customers in Texas for participating in our virtual power plant to provide grid support to ERCOT.
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2023 Q2
21 Jul 23
Just this week, we are launching Charge on Solar, which allows Tesla Powerwall and vehicle customers to charge their vehicles using their excess solar and drive only on the sunshine that hits their roof.
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2023 Q2
21 Jul 23
we have some fun things happening. We recently surpassed 0.5 million Powerwalls installed
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2023 Q2
21 Jul 23
Autobidder does have software margins and is an enabler for hardware sales, but it’s a relatively small contributor to revenues, given how much deployment growth on the Megapack hardware side is occurring.
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2023 Q2
21 Jul 23
we continue to grow Autobidder contracts in wholesale markets like Australia, Texas, UK and California with over 6 gigawatt hours under Tesla’s dispatch next year
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2023 Q2
21 Jul 23
KES project in Hawaii, the Riverina project in Australia, several products in California and one here at Gigafactory, Texas
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2023 Q2
21 Jul 23
Lathrop is progressing on schedule, eventually doubling Lathrop capacity ahead of our full factory ramp in 2024
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2023 Q2
21 Jul 23
We’re yet to integrate silicon or in-house cathode production, both reviewed on Battery Day, which do bring significant further energy density and cost improvements, but that is a topic for another day.
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2023 Q2
21 Jul 23
Their focus on yield reduced our scrap bill by 40% quarter-over-quarter, and that resulted in a 25% reduction in cell COGS
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2023 Q2
21 Jul 23
in Texas, 4680 cell production increased 80% Q2 over Q1, and the team surpassed 10 million production cells produced here in Texas
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2023 Q2
21 Jul 23
For our energy business, we improved margins and gross profit driven by cost reductions and deal economics, particularly with Megapack.
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2023 Q2
21 Jul 23
we realized per unit cost improvements in nearly every category, including material cost and commodities, manufacturing costs and logistics
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2023 Q2
21 Jul 23
we are already in discussions with -- early discussions with major OEM about using Tesla FSD
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2023 Q2
21 Jul 23