Tesla shared that production at its Berlin super factory is progressing “very well” and in June, Tesla announced that the Berlin super factory had produced 1,000 units in one week. The plant’s production goal is reportedly to reach 5,000 units by early next year.

Water use at the Berlin Super facility

Tesla wants to further reduce the water consumption of its Berlin super factory. It is particularly focused on reducing fresh water consumption. Currently, the plant consumes about 2.2 cubic meters of fresh water per vehicle. It already consumes as much water as Tesla’s planned in-house battery line in Germany.

Tesla says the average freshwater consumption in the automotive industry is about 4 cubic meters. According to ACEA, water consumption in EU car production has fallen by 30.5% since 2006. As of July 2022, automakers are using 3.76 cubic meters of water per vehicle.

Tesla Superfactory Transportation

Tesla is working to make commuting to its Berlin super factory more accessible for its employees. Earlier this year, Tesla shared plans to run shuttles for workers between Urquhart and a new station south of the Berlin SuperFactory site.

During Tesla’s Giga Fest, Elon Musk talked a bit about the train station. “Then it’s just a 30-minute train ride to Berlin. We’re actually going to build a train station where you can literally just – ironically, for a car company, you know, you can just take the train. You can drive your car, too. And that’s fine,” Elon Musk said.

During Sunday’s open house, Tesla announced that a train shuttle to the Berlin super factory could open in the spring of 2023.

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In a report to clients, Ferragu noted, “Tesla is facing unprecedented demand. Everyone I know at Tesla, and who I can discuss this topic with, agrees that Tesla’s current demand far exceeds what was expected just a few years ago. Electric cars are so popular that for Tesla and its competitors, market share will depend largely on the ability to increase capacity.”

After the tour, Ferragu also said he was impressed with the high efficiency of Tesla’s Berlin superfactory. “Compared to the Fremont plant, the Tesla Berlin plant is significantly more efficient. The logistics within the factory are very simple, and the factory is surrounded by docks on all sides to ensure that parts get to the right place in the factory’s manufacturing chain.”

He also noted that “the factory’s production cycle for a single line is set at 45 seconds, and at full capacity, 10,000 cars will be delivered each week. With a production rate of 45 seconds per vehicle, completing 10,000 vehicles would require more than five consecutive days of uninterrupted time. Most importantly, Tesla is currently producing cars with rear casting (rear casting) and will switch to front and rear casting once the 4680 structural battery pack is in mass production.”

Ferragu has a $530 price target on Tesla’s stock, which implies a lot of upside from the current $275. He even believes that in the long run, if Tesla achieves its goal of producing 20, 000,000 electric cars per year by 2030, Tesla’s market cap is expected to reach $10 trillion, roughly four times Apple’s current market cap.

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