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Tesla Model Y Production Ongoing, Fremont Factory Going Through an Update

Viraj Shah

Tesla’s crossover SUV is undergoing production at the company’s Fremont, California factory. There is also news of the factory going through some updates.

Shareholder meeting reveals

During a shareholder’s meeting, Tesla CEO Elon Musk said that the Fremont factory is being updated to boost the production of Model Y. Teslarati referred to a leaked memo from Jerome Guillen, Tesla’s Automotive President, which said that the company’s management is confident about the future plans of the company. Guillen said in the memo that the plans will help motivate the company’s employees towards working harder on their next round of sales targets.

Tesla Model Y Production Ongoing, Fremont Factory Going Through an Update

The memo speaks volumes about the internal workings at the company. Guillen said that they had reached new records in production lines, as far as efficiency and output are concerned, in the second quarter of 2019. He even wants employees at the company to even share this good news with people they know. He specifically highlighted that as production goes up, they may open new positions at both Fremont and Giga.

Tesla to focus on newer models

While this means that Tesla is going to go on a hiring spree soon, it also means that the company’s focus is shifting rapidly towards its semi-electric truck, Model Y and a refreshed version of Tesla Roadster which has not gone into production yet. The Fremont factory earlier focused on the production of Model 3, Model X, and Model S of which the latter two are luxury segment cars which are not expected to change dramatically anytime soon.

Musk noted in a tweet that there will be no refreshed Model X or Model S coming from the company. However, these cars will go through minor changes. The announcement comes at a time since the company’s vice president of production; Peter Hochholdinger resigned to join Lucid Motors. He was directly in charge of both luxury vehicles.

Note that Lucid’s first electric car is expected to launch next year. Even more, interestingly, Lucid CEO is Peter Rawlinson, who was the former chief engineer of the Model S. This is not the first time a Tesla employee has left the company for a competitor. A former employee, who is alleged for stealing the company’s autonomous vehicle source code, is now working at the company’s Chinese rival XPeng.

Tesla employees noted last May that Model S could come with a battery refresh that could help it go 400 miles on a single charge.

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Viraj Shah

Viraj Shah

Viraj loves to write and express his views on anything related to Finance, Crypto, or Fintech. He has been covering Finance & Crypto for more than five years now. He likes Tesla. He also writes on Healthcare, and Technology among other stuff.