Submitted by johndoeeyed on Mon, 2017-04-24 02:53
The acquisition of Grohmann in Germany has been reported being done for expansion of the Fremont factory.
I believe it was more driven by the need to have secure machine production capability for new Tesla factories to be announced this year.
I previously wrote, giving my reasoning, how Tesla will soon be at the stage that they will be expanding as quickly as possible, and will not be constrained by finance, uncertainty of demand or uncertainty of production systems. I believe that time is now, and that Tesla will make that very clear this year. I expect that Tesla has over 1 million Model 3 reservations and is confident that their Model 3 production will be on track. The battery manufacturing capacity in Nevada will soon be inadequate due to the upcoming demand for Power Packs and Model 3. The recent statement that Elon believes Tesla will be worth 10 times it's current value in the next 5 to 10 years implies that investors need to be confident that Tesla will be much bigger and more secure than they currently believe.
We will be blown away by the expansion plans and timetable that Tesla lays out.
I therefore believe that Tesla will become the highest valued company in the world over the next few years.