I disagree because Tesla is far more automated than is Toyota. In fact we do not have enough information on which to base productivity per employee in Tesla's case, because of the number of people employed in research and development, which si not broken out.They say most productive but I think they really mean the most output. There is no productivity measures in the article such as output per employee etc. Typical mass media confusing things as usual.
The real point of the article is that Tesla made 8550 cars per week in Fremont. Toyota did 8427 per week in Georgetown Kentucky. My guess is Tesla has a lot more employees in Fremont than Toyota in Kentucky with all the vertical integration at Tesla. Always difficult to compare apples to apples and when you throw in the differences with electric cars even harder to compare.
Tesla Now Runs the Most Productive Auto Factory in America
Elon Musk’s factory in California made more cars last year than any of the 70 competing plants in North America. His new Texas factory is even bigger.www.bloomberg.com
pressroom.toyota.com
Sorry I thought it was at 33K. Deleted my post.
Me too, I just bought shares at $862 with margin. I might just sell them in the near term if we go high to clear my margin, OR I might hang on for over a year and sell enough to cover the margin while keeping the remainder. Either way I'm confident long term this will be a profitable move, today's price a few days before a record earnings report is ludicrous to me!
Even if TSLA shoots up 30% after earnings, we’d still be $100 below ATH. This drop is insane.
It'll be interesting when anyone does stats on FTEs per vehicle between legacy Fremont and optimized Shanghai (and after ramp, Austin and Berlin). Of course, financially-speaking, 1 US FTE != 1 China FTE, so labour cost per vehicle is a different metric (I guess without a union, we don't actually know what the average cost per FTE is at each location, eh?).I disagree because Tesla is far more automated than is Toyota. In fact we do not have enough information on which to base productivity per employee in Tesla's case, because of the number of people employed in research and development, which si not broken out.
Toyota’s First U.S. Vehicle Plant Shifts Transformation into High Gear - Toyota USA Newsroom
GEORGETOWN, Ky. (October 29, 2021) – You might think Toyota Kentucky (TMMK) has seen it all during its 35-year history. But today, Toyota announced a series of changes and projects that will boost the Georgetown plant’s transformation to meet shifting customer demand, reduce its carbon footprint...Fremont Factory | Tesla
Accelerate the world’s transition to sustainable energy at our hub for Model S, Model 3, Model X and Model Y production.www.tesla.com
In raw terms it appears Tesla has >10,000 employees at Fremont and Toyota has ~9,000 employees at Georgetown.
We also need to note that Toyota calls Georgetown and 'assembly' plant and Fremont is definitely manufacturing plus R&D plus vehicle delivery.
We will all probably agree that the actual factory efficiency of Fremont is superior to that of Georgetown, but we need more data to prove that.
