Tesla Shifts Battery Strategy as It Seeks U.S. Tax Credits

SourceWall Street Journal
Date Published09/14/2022
Author NameRebecca Elliott, Mike Colias
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Tesla
Parent companyTesla
Type of work Manufacturing
Reshoring category:Kept from Offshoring
Year reshoring announced:2022
Country(ies) from which reshored:Germany
City reshored to:Fremont CA
State(s) reshored to:CA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredElectric batteries and materials
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Government Incentives, Higher productivity, Raw Materials Cost, U.S. price of natural gas/chemicals/electricity
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