Morgan Stanley recently released a note on Tesla’s future capacity and growth. The note discussed key drivers that would further Tesla’s dominance in terms of model/segment and factory footprint.
“Cars don’t ship like iPhones, and there are benefits in high localization,” wrote the Morgan Stanley analysts.
In China, over 90% of Tesla’s parts are now being sourced from domestic companies. This should help Tesla China optimize its work even further, allowing Gigafactory Shanghai to play an ever-growing role in the company’s overall operations.
As for Gigafactory Texas and the Freemont, CA factory, Tesla has a similar goal of sourcing over 90% of parts and raw materials from North America, which includes the US, Mexico and Canada.
Further supply chain improvements are likely to include co-locating battery production at Gigafactory locations and self-manufacturing of chips, similar to what Apple has done with semiconductors.
Supply chain risks and disruptions are not diminishing and the best way to mitigate these risks is implementation of localization strategies.
https://www.teslarati.com/tesla-tsla-expansion-drivers-morgan-stanley/