Tesla's Model 3 production line temporarily suspended
The company has yet to publicly confirm the reasons behind the production line stoppage.
Management at Tesla’s Fremont, California plant reportedly informed workers that the production line for the Model 3 sedan would be suspended as long as two weeks. The production delay is said to run from February 22 through March 7.
The initial Bloomberg report claimed that some of the Fremont production line employees were back at the plant as early as February 24. The company has yet to publicly comment on the report, though it has previously mentioned that delays from the global semiconductor shortage and congestions at ports could affect overall output.
The Bloomberg source also mentioned that the nation’s recent issues with inclement weather have been a contributing factor to the production stoppage. Tesla is not the only automaker facing temporary halts in production. Both General Motors and Ford have been forced to suspend production lines at plants as a result of semiconductor shortages.
The Fremont, California plant is capable of producing as many as 500,000 Model 3 and Model Y vehicles each year. This temporary shutdown is not expected to have a meaningful impact on Tesla’s ability to meet its delivery goals for the year. Early morning trading for Tesla (TSLA) saw shares drop as much as 5% in value.
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replyChris Jarrard posted a new article, Tesla's Model 3 production line temporarily suspended
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They only use the freshest chips for their page views. Let Yahoo run their shit on used chips.
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I wonder if this is going to have a knock on affect for all of tech.
Bubble pops
China wins.-
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It’s just a 2 week shutdown.
Also, the Biden administration is doing the preparatory study on the global chip shortage to lead to what will probably turn out to be a program of incentives to get chip fabs off the ground here in the US. It’s too long coming. Corporate welfare isn’t going anywhere, so it should at least go to crucial growth industries, rather than just more pork to the military industrial complex, etc.-
Watcherxp just posted the link above, but here’s a news article for a quick read, from GameStop of all places haha: https://www.gamespot.com/articles/ps5-xbox-series-x-component-shortage-to-be-investigated-president-biden-says/1100-6488026/
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it takes billions of dollars and multiple years to build a fab and get production going. Due to Low margin on chips used in cars it can take upwards of a decade to recoup your cost.
Point is even if the US decided to subsidize US fabs it'll still take 5-10 years to see any results. Not suggesting we don't take action, but help is not coming anytime soon.-
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If we push hard we will have the edge over them in 10 years. There’s no reason at all for us to remain reliant on China and Taiwan for something as critical to our economy and national security as semiconductors.
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How many of their home grown chips come close to what Apple\AMD\Intel\NVidia are developing? I don't see why we couldn't gain an edge if we threw enough money at the problem.
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It depends on if the US can continue the brain drain. For centuries people escaped shitty governments all over the world to come here. We just attracted talent for a very long time.
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Is cheap labor a factor in all of this? I mean maybe not.
I feel like it costs less to live in China then somewhere else. Maybe that's gradually becoming less true. -
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The ground. We have shitloads of it, it’s not actually rare.
https://www.defensenews.com/opinion/commentary/2019/11/12/the-collapse-of-american-rare-earth-mining-and-lessons-learned/
We’ve been working on tech to mine them with less environmental harm.
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Well yeah of course. That was the push of globalization some 44 years ago. Make your stuff cheaper elsewhere.
My point was even with buy in from all directions it will take forever. Not that we shouldn’t necessarily, though the long term political ramifications of destroying chinas economy is uhh probably bad.-
I’m not one for being motivated to do this to destroy China or because of being afraid of China. I think we need to find new ways of working together on a global scale. Short term, mid term and long term have to be planned all together and use carrots, not just sticks, to create better conditions for all.
I really don’t approve of the moves Xi has made towards dictatorship, but a little honey may catch a few flies for now, if we work together on some big picture issues.-
Oh I’m all for a unified economic policy like that. That sounds great.
Most people see it as a ‘national defense’ issue which is to say kneecapping China with no forethought and just making shit worse for pacific politics.
It’s short sighted jingoistic trash. Your idea is actually good!-
Yeah I honestly think Biden has put this inquiry into effect for serious planning reasons, fact-finding.
Not showboat jingoism...that’s the previous administration, and they didn’t bother to use any kind of normal academic research as a basis for their chaotic policies.
I guess Twitter is turning this into a continuation of Trump style jingoistic fear mongering, but I suspect more analytical minds are working on this now. But of course, gotta wait and see what comes of it. I don’t think we’ll have too long to wait. He’s already spoken extensively to Xi: https://www.latimes.com/politics/story/2021-02-10/biden-has-first-call-with-xi-of-china
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There’s no way to move the entire industry out of Asia. That’s folly. We’re going to need to expand the industry and organize globally, treating chip manufacture as a valuable commodity like oil has been.
I think Biden has a big job ahead of him, but at this point, it’s probably better to quickly consolidate international support, as that will help greatly in dealing with the fascist moment, which is globally engineered, not just a US product by any means.-
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Foreign policy under Obama was going in the direction of more international cooperation. A normal administration, even a normal Republican one would’ve followed the course, maybe a little slower maybe a little faster. It was absolutely unheard of how Trump threw international trade deals (WITH ASIA) that had taken multiple administrations to craft right out the window.
It’s also sad to think people don’t remember what was going on Before Trump, but obviously Biden’s team is trying to operate on a salvage mentality first, which is for the best, if it works.
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10 years from now after China invades Taiwan... hey guys how come I can’t get my hand on a PS6?????
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You can take steps now, much like we did last year, while you conduct every study you want. I think we have a good idea what we need to do to get where we want to go. It's not like other people haven't already studied these problems, even in the US govt, but ultimately it's going to require a ton of spending and ultimately higher consumer prices at least in the short term. (next 10 years)
The review thing sounds like someone with a severe addiction to cheap foreign tech that is saying any day now will get their shit together once they figure out whatever that means.-
Steps are being taken: https://www.latimes.com/politics/story/2021-02-10/biden-has-first-call-with-xi-of-china
“Don’t think Biden called and talked for 2 hours just to ask meekly what Xi wants.
I’d say people need to give these things more than a week or two, realistically. We’re not in the Trump administration anymore. -
I think Biden wants to have an iron tight case to put before congress, lay out the case for why this is important and make a public appeal. This is the sort of thing the president should be doing, it's just that after 4 years of Trump we've mostly forgotten what a POTUS is supposed to do.
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Sounds like we need to get started ASAP, it’s not like chips are going to be less important to our economy and security 10 years from now. Over reliance on Asia is fucking stupid.
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I really want to know what these people think the world will look like in 5-10 years. Like, that's not even THAT long for a big project, and we're already seeing how dangerous it is to be too reliant on China for hardware we need (see the 5G spyware debacle). Do they think being even more reliant on an authoritarian regime for something as important as microchips is going to work out well for us?
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Not you in particular, just lots of people seem to think it’s not worth doing since it’s hard. I think I misunderstood what you were trying to say
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Even if Japan/Taiwan/Korea and other heavy US allies get on board with manufacturing, we're a decade away from what China has right now.
China not only has rare Earth materials, but they have some of the most advanced tooling and manufacturing around. Even if the US Gov opens their wallets to give tax breaks to companies that built out, China has all the TALENT that runs and maintains this stuff. If you snapped your fingers (Thanos) to have the same factories, you'd be sponsoring H1B Visa's from China due to the lack of folks that know how to use all this fancy new gear.
The initiative is good, it's well intentioned, but there has to be significant buy-in from a lot of players, immediately.-
So bring Chinese brain trust over, as you say. Still better than the irrational policies of the past 4 years. It’s a decent chess piece in the giant diplomatic rebalancing game that got cut off at the knees when it most needed to be carefully continued. It’s not going to be simple, easy or quick, but we have to get back on track as a member of the international community, politically, scientifically and yes, corporately.
A giant, 4-year snooze fest after years of kicking the can down the road to score political points on all sides is done. -
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We have plenty of rare earth metals, we just don’t bother digging them out of the ground.
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And we have all the money in the world to secure buy in. This is a national security issue and we’re not shy about defense spending
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I think one of the problems is also that you often find things like Thorium with rare earths and it requires special handling due to a nuclear non-proliferation treaty which drives costs to extract them very high in the US and most Western countries. Or at least that was discussed during a talk about LFTR nuclear reactors and it stuck in my mind.
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My douchebag Senator is all about moving chip fabs to the United States. So I just assumned it was some racist dog whistle anti China shit.
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