panasonic has hit their 2020 target for annual production volume already. the fact that they want to hold off expansion for a bit doesn't really mean anything. as for tesla, there is lots of floor space still in the gigafactory 1. probably won't need to expand it more til they start model y production. but then elon doesn't elaborate as much since the sec troubles.
trumps tariffs are what pushed him to set up in china and change plans of expansion in the US.
many euro cities are seeing levels of pollution way above standards. so, if you don't regulate, how do you fix that problem? clean trasportation. but yes, they do have a decade of reversal to get through after promoting diesel.
but the manufacturers have shown that they were thumbing their nose at regulators with diesel emissions. now you have a decade of cars that should be banned. which is where the low emission areas are working towards. keeping heavily polluting cars out of congested areas, which make it much worse. with all the cost for the polluting vehicle, and the congestion charge, along with the low operating cost, an electric makes sense. or at least a phev, which can operate electrically in the low emission zone. fuel doesn't need to necessarily have a carbon tax.
norway is beyond the tipping point now. with a move to stop fossil sales by 2025, you're at a point of where if you decide to buy a fossil, it may have no value at trade in time 5 or so years from now.
fossil sales won't completely disappear in the next decade, but like in china, they are on a serious drop in demand annually. they are down 13% in china.
and electric has hit over 50% sales in norway.
and to get back to tesla, they have made a statement as to this short break in expansion.
A Tesla spokesperson has reportedly commented on Nikkei’s report:
“We will of course continue to make new investments in Gigafactory 1, as needed,”
Update: In a comment to Electrek, Tesla exapnded:
“We will of course continue to make new investments in Gigafactory 1, as needed. However, we think there is far more output to be gained from improving existing production equipment than was previously estimated.”
panasonic wasn't a part of the chinese expansion anyways. so for them to say they are drawing back in gig3 investment isn't saying much.
and it may have something to do with tesla trying to aquire maxwell and it's dry anode technology.
we don't yet know what that means towards tesla's future yet either, or it's implications for panasonic.
does tesla keep maxwell tech to itself, or does it share with panasonic and continue to have them produce the storage cells?
the shorts want to read something into it that probably isn't there.
after all, we've heard for the last decade that tesla was failing from one day to the next. instead of we should be proud someone wants to provide jobs and manufacture in america while others go overseas.
although a trade war is changing that decision too. if there were no tariffs, a switch to china might not have happened, or at least not for awhile yet. tariffs have been costly to america.