Showing 12 of 24 posts with this tag
Tesla's Shanghai Gigafactory now reportedly has an annual production capacity of more than 750,000 units, making it the company's largest facility, according to a second-quarter earnings report released on July 20.
Tesla's Gigafactory in China has been producing a large amount of Tesla Model 3 vehicles, however the company is still waiting for the official approval to begin selling the cars.
On the morning of October 24, Tesla released the Q3 financial report for 2019. It shows that its profits reached $143 million, with the company’s per car revenue rate increasing by 22.8%.
According to media sources recently invited to visit Tesla's Shanghai car factory, the combined annual output of Model Ys and Model 3s at the location has reached 450,000 vehicles.
Tesla's Shanghai Gigafactory, which had been closed for nearly three weeks due to the pandemic, resumed work on Tuesday.
The vessel Glovis Splendor carrying 4,767 electric vehicles produced by Tesla's Shanghai plant departed on Wednesday from Shanghai's Nangang Port to overseas.
On March 15, Tesla launched its last piece of the Model series, the Model Y. It is more of an affordable version of Model 3.
Tesla China's official website showed on Thursday that the basic price of its Model Y rear-wheel drive electric vehicle was raised by 15,060 yuan ($2,373) to reach a total of 316,900 yuan ($49,921).
Tesla's Gigafactory Shanghai is running at full capacity. A new Model Y car rolls off the line approximately every 30 seconds.
Tesla's Shanghai factory struggled to resume operations at full capacity on May 6 as planned after the five-day national holiday, and the standstill will likely last until May 9.
The Made-in-China Tesla Model 3 will be showcased at the Guangzhou International Motor Show on November 22.
Electric car maker Tesla’s landmark gigafactory in Shanghai has officially received the required power supply for preliminary production from the State Grid Corp of China.