Specialized Furnaces Still-Installed in a Tesla Manufacturing Facility
Fremont, California

The Client

Tesla, Inc. is an automobile manufacturer, focusing on electric and clean energy vehicles. The American company has a worldwide presence, with five factories and numerous showrooms globally. In addition to electric and clean energy vehicles, the company, considered the world leader in plug-in cars, also manufactures other clean energy products, including battery energy storage products and solar panels.

The Challenge

Telsa had a large amount of manufacturing space being occupied by 7 installed furnaces that were sitting idle, no longer needed. The furnaces were highly specialized and could only be used by a handful of companies, so finding a buyer able to use them proved to be difficult. An added obstacle was trying to find one buyer for all 7 assets to eliminate multiple dismantling fees and pick-ups. Due to these obstacles, Tesla struggled to sell the equipment and came to EquipNet for help. While the cost of the furnaces combined with the removal cost was expensive to a potential buyer, the cost for Tesla itself to remove them or sell them for scrap metal could be cost prohibitive.

The Solution

EquipNet’s specialists included the following services for a comprehensive solution to the client’s asset management needs.


The Result

Rather than removing the furnaces, with a large overhead cost to the company, Tesla was ultimately successful in offloading the assets to a single buyer who was willing to take on the cost of getting all 7 furnaces out of Tesla’s facility. With the buyer paying 100% of costs, Tesla was able to break even while releasing the assets to a buyer who could extend the furnaces’ life and make use of them. Now, Tesla’s facility has over 1,400 square feet of floorspace open again to begin a new project, all while not worrying about the overhead cost of removal that they thought they would be covering themselves.

Number of Assets

Equipment Categories
Specialized Furnaces

Project Management
MarketPlace Negotiated Sales
Worldwide Logistics
Equipment Specialists

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