Tesla Acquires Perbix to Boost Productivity | Accelerated Model 3 Production

Tesla Model 3 is facing a production capacity deficit and has decided to acquire Perbix, an automation equipment manufacturer, to speed production.

CNBC reported that Tesla did not disclose the purchase price but said it was stock exchange and cash only. Perbix President Jim Dudley will receive 34,772 Tesla shares, valued at about $ 105 million at Tesla's current share price of approximately $ 10.5 million. Prior to the acquisition of Perbix, Tesla also announced in 2016 the acquisition of German manufacturing technology firm Grohmann Engineering.

Perbix has been a supplier of Tesla for nearly three years and more of the parts will be made in-house by Tesla after Perbix is ​​included. Elon Musk, Tesla's chief executive, insisted on self-made parts and assemblies that were completely unproductive and outsourced to other car dealerships Tesla car seat, which is generally considered to be one of the reasons for the limited production of Model 3. Tesla produced only 360 Model 3s in season 3, well behind its 1,500 target.

According to Bloomberg, Musk recently hinted that the challenge of automation was a difficult one for the Model 3, so it had to delay the production of 5,000 vehicles a week for about three months until 2018 The end of the season.

Tesla said recently that reaching this medium-term goal (5,000 vehicles per week) will take steps toward another goal, 10,000 vehicles per week, before Tesla will take the time to improve automation and savings.

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