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President Joe Biden’s Tesla-void EV speech gave Ford too much credit [Opinion]

Credit: CNBC Television

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Earlier today, President Joe Biden spoke at Ford Motor Company’s Dearborn plant in Dearborn, Michigan, with intentions of delivering more details regarding his plans to expand the EV sector in the United States through a more broad charging infrastructure, freely unionized manufacturing jobs, and a heavily supportive dialogue that failed to include any details on companies that are pushing electrification forward, like Tesla. In my opinion, it showed that the President doesn’t have a broad understanding of electrification. While that’s okay, his position as President of the United States requires more comprehension on subjects that involve reducing emissions and increasing the number of EVs on the road, a direct factor in the reduction of greenhouse gases entering the atmosphere.

His speech gave Ford entirely too much credit, especially as the main essence was combining EV production with unionized jobs for U.S. workers.

In the speech, President Biden commended Ford for its extensive history of automotive legacy, something that nobody can deny. Ford has a rich history when it comes to cars, and some of its vehicles are still the best and most popular on the market. Two of the four vehicles I have owned have been Fords, the most recent being a 2008 Ford Escape Hybrid. It was the best car I’ve ever had. My Dad has owned nothing but Fords for as long as I can remember.

President Biden was increasingly concerned about the number of jobs that could be offered to U.S. workers or whether American companies would have to depend on foreign countries to build and produce EVs. It simply wasn’t an option for the American economy, the President hinted. Ironically, his speech took place at a facility owned by a company that outsourced its first mass-market electric vehicle production to Mexico.

With Ford entering the EV sector with the Mustang Mach-E, it opened up a favorable introduction into the industry for the company that Henry Ford started in 1903. The vehicle is safe and was awarded an IIHS Top Safety Pick award, and has received favorable reviews from owners thus far. Despite minor issues early on related to software, the Mustang Mach-E undoubtedly has a bright future in the sector and will likely be one of the company’s most popular vehicles for the coming years. But it’s not going to throw Ford into EV superstardom, especially not with the U.S.-produced tune that Biden spoke highly of during his speech. The vehicle is actually built at the Cuautitlán Assembly Plant in Cuautitlán Izcalli, Mexico.

That’s not going to help the American economy, nor will it supply U.S. workers with union jobs that Biden talked so much about during his speech.

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The issue is, Biden seemed to give Ford credit for things that they’re just not very well-versed with quite yet. President Biden mentioned during the speech that the United States was falling behind China in terms of EV tech and battery cell efficiency. “Right now, China is leading in this race. Make no bones about it. It’s a fact.” The problem is this just simply is not true.

An American company is winning this race. An American company is dominating this race. An American company is growing its employment force hand over fist on an annual basis. An American company had the most popular electric car in China last year.

It was Tesla.

The issue with this is that America is in the lead when it comes to EVs. It is in the lead when it comes to EV batteries, and employment isn’t an issue for the company that continues to dominate the electric vehicle sector as a whole. Tesla is the benchmark for all three of these subcategories: overall EV performance, EV battery tech, and employment.

Tesla’s electric vehicles are the leader of the industry. With performance and range ratings that sit well above any other vehicle on the market, there is no secret why the company continues to be held to such a high standard. Recent data compiled by the EV Sales Blog shows that Tesla was the most popular EV OEM through Q1 2021, leading the partnership between SAIC, GM, and Wuling by nearly 82,000 units. Tesla sold roughly 184,500 cars through Q1. SAIC-GM-Wuling sold 102,574.

Ford was 17th, with 17,891 units sold in Q1.

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Credit: EV Sales Blog

In batteries, Tesla’s 2170 cells come from Panasonic in Nevada at Tesla’s Gigafactory in Sparks. It is currently developing the 4680 cell, which will provide more power, range and decrease production costs by a significant margin. Tesla is effectively on the verge of decreasing electric vehicle costs by a significant margin, and in a few years, it expects to build a $25,000 car that will reach price parity with gas-powered rivals. While Biden spoke highly of Ford’s Georgia-based battery production plans for the electric F-150, he didn’t mention Tesla’s production of the 2170 cells in Nevada, nor did he mention the massive project at Kato Road in Northern California, just a stone’s throw away from Tesla’s Fremont Factory. This building is where Tesla is developing the 4680 cells, and it is rumoredly a Top 10 capacity cell manufacturing facility in the world.

Tesla’s 4680 Kato Rd. facility has a top 10 capacity, and it’s not even close to finished

While Biden’s enthusiasm for electric vehicles seems to be evident, it appears that the President needs a crash course in the world of EVs. It is rather bothersome to hear our President give zero credit to the American EV powerhouse Tesla, and while I can understand that Tesla may be on the list of banned words during a speech at Ford factories, it is a scare tactic to state that it’s an absolute fact that China is kicking our butts in EV development.

Make no bones about it, President Biden. It’s a fact that Tesla is leading this race. It’s not a close one at the current time, either.

I would love to see Biden make his way to Northern California for a tour of the Fremont Factory, or even a talk with Elon Musk regarding what Tesla is doing for the planet in terms of EV production. As Tesla has taken a commanding lead in the sector, legacy automakers have been forced to oblige and adapt to the changing industry. It is no coincidence that when these companies talk about who they are gunning for, Tesla is atop the list.

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Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

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Elon Musk

Elon Musk’s next Uranium in Uranus merch is Boring Company’s weirdest tease yet

Elon Musk teased a glowing new Boring Company merch idea, complete with a Geiger counter.

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Concept rendering of Boring Company Uranium in Uranus merch tease via Grok
Concept rendering of Boring Company Uranium in Uranus merch tease via Grok

Elon Musk teased the next piece of Boring Company merchandise on X Saturday, and it is exactly as unserious as fans of the company’s product history have come to expect. “The next @boringcompany merch will put Uranium in Uranus,” Musk wrote in a thread posted early Saturday morning. He followed up by explaining that the item would glow in the dark, “because otherwise how could you find it,” and that a Geiger counter would be sold separately as “an optional strap-on.”

Musk closed the thread with a line that doubles as a mission statement for the tunneling company’s merchandise arm: “It’s not easy coming up with something that is both outrageously unsellable and yet extremely popular.”

The Boring Company has built a small but consistent side business out of novelty items that start as jokes and end up selling out. The company’s Not-a-Flamethrower raised roughly $10 million in a few days back in 2018, moving all 20,000 units it produced. Its Burnt Hair perfume, priced around $100 a bottle, sold out fast enough that scalpers were flipping units on eBay for ten times the retail price. Boring Bricks, made from tunneling spoil, followed the same playbook of teasing a product on X months before it became real.

Musk has not said what the actual item will be, only that it involves uranium and glows in the dark. Given the pattern, that vagueness is probably intentional. Past merch announcements have started as one-line jokes and taken weeks or months to turn into an actual product listing on the company’s site, and there is no guarantee this one follows through at all.

The timing lines up with a period of real momentum for the Boring Company outside of the joke merchandise. The company said last week it plans to double the number of operational stations on its Vegas Loop by the end of the year, a target tied to a hiring push for drivers and operations managers. Prufrock-5, one of the company’s tunnel boring machines, also just wrapped a test tunnel in Bastrop, Texas, and is expected to relaunch on its next assignment in November.

Whether the uranium joke turns into an actual product remains to be seen. Musk’s post did not include a price, a shipping date, or even a name for the item, which has historically meant a Boring Company website page goes up quietly, password protected, sometime before an announcement.

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NASA taps SpaceX for more astronaut missions as Boeing Starliner remains grounded

NASA just gave SpaceX a $946 million contract for three more astronaut missions through 2030.

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NASA has awarded SpaceX a $946 million contract modification covering three more astronaut missions to the International Space Station, according to an announcement the agency published Friday. The award adds Crew-15, Crew-16, and Crew-17 to SpaceX’s existing Commercial Crew Transportation Capability contract, bringing the agreement’s total value to $5.92 billion across 17 flights.

SpaceX confirmed the award on X, writing that it was excited for Falcon 9 and Dragon to launch NASA’s Crew-15, 16, and 17 missions to the Space Station from Florida. The new missions cover ground, launch, in orbit, and return operations, along with cargo transport and a lifeboat capability while docked at the station, and the period of performance runs through 2030.

The award follows a notice of intent NASA issued in May, when the agency first signaled it would purchase up to six additional post certification missions from SpaceX. Teslarati covered that filing at the time, noting NASA cited technical issues and schedule delays encountered by Boeing as a driving factor. Friday’s contract modification locks in three of those six missions, with the remaining three left open for NASA to award later, potentially to Boeing if Starliner clears certification.

Boeing’s CST-100 Starliner has still not flown an operational crew rotation mission for NASA. The spacecraft’s most recent crewed test flight in 2024 ended without the astronauts returning aboard Starliner, and the company has spent the time since working through thruster problems. SpaceX President Gwynne Shotwell said this week that SpaceX is not retiring Crew Dragon today, for sure, while stopping short of committing to fly it past 2030.

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Crew-12 is currently docked at the space station, and NASA has said Crew-13 is targeting a launch in the coming weeks. The newly awarded Crew-15 through Crew-17 missions extend SpaceX’s role as NASA’s primary way of getting astronauts to and from orbit well into the back half of the decade, regardless of what happens with Starliner or Starship in the meantime.

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Investor's Corner

New drone video shows Tesla’s Optimus Factory reaching a turning point

New drone footage shows Tesla’s dedicated Optimus factory steel frame nearing completion at Giga Texas.

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Tesla’s dedicated Optimus factory at Gigafactory Texas is closing in on a finished steel frame, according to drone footage posted Thursday afternoon by longtime site observer Joe Tegtmeyer. In the video, Tegtmeyer said structural steel assembly is now about five column grids away from reaching the building’s north perimeter beam, putting the primary skeleton in its final stretch roughly six months after Tesla broke ground on the North Campus site in late March.

Tegtmeyer’s footage shows concrete already going in on three upper floors while crews continue laying rebar and pouring grade beam footings at ground level. That kind of parallel work, steel rising at one end of the site while concrete sets at the other, is a scheduling approach Tesla used at the original Giga Texas building and appears to be repeating here to save time before the plant’s targeted 2027 production start.

Teslarati has tracked the building’s progress since Tesla confirmed construction was officially underway in May, when the first steel structure went up on what was then bare, reclaimed land. The facility is part of a more than 5.2 million square foot expansion of Giga Texas’s North Campus that Tesla has said will eventually run nearly the length of the existing vehicle factory, over 4,000 feet, while sitting somewhat narrower. Musk has pegged the long term output target at 10 million Optimus units a year once the line is running at full capacity, a volume that would dwarf the one million unit pilot line Tesla is standing up separately at its Fremont, California factory.

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Tesla Giga Texas to feature massive Optimus V4 production line

The Texas facility sits alongside another major buildout on the same campus. Terafab, the joint Tesla and SpaceX chip fabrication plant that will eventually supply the silicon running Optimus units in the field. Housing robot assembly and chip production on the same grounds is a deliberate supply chain decision, cutting down on the shipping and lead time that would otherwise sit between the two.

Tesla has not given an updated timeline beyond its previously stated goal of bringing high volume Optimus production online at the site in the summer of 2027. Fremont’s smaller pilot line began mass producing the current Gen 3 robot in January, with that plant expected to build tens of thousands of units this year primarily to generate the real world data Tesla needs to refine the robot’s software before Giga Texas ramps up. Six months of visible construction progress, tracked almost entirely through Tegtmeyer’s recurring drone flights, gives the clearest outside look yet at how seriously Tesla is treating that 2027 deadline.

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