Tesla Needs To Ramp Up Shanghai Production Further To Meet Demand In 2020 [Seeking Alpha]
Tesla, Inc. (TSLA)
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SummaryGovernments in Asia and Europe strongly support EV development.U.S. government is pulling back on environmental regulations for autos.Tesla's Shanghai factory will be key to its volume production in 2020, and Berlin will be key in 2021.Future ramp-up of production and sales growth likely to be in Europe and Asia.Biggest doubt for Tesla's 2020 targets is how long U.S. facilities will be closed down by the pandemic.Tesla (NASDAQ:TSLAThe Chinese government has been very proactive in assisting Tesla. It recently announced new support for EVs in general. The strong future demand for EVs in Asia has been under-rated. I detailed this in anarticleEuropean countries almost all have firm dates for transitioning to fully EV markets. The German gigafactory is proceeding full steam ahead.Meanwhile, the Trump administration has been pulling back environmental safeguards for cars in the USA. In contrast, many U.S. states are very supportive of EVs.Tesla may be wise to concentrate its manufact
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