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Tesla CEO Elon Musk commented on the news via his Twitter feed: "Tesla always pays its debts," which indirectly confirmed the news.
Tesla anticipates increasing the production capacity of its Shanghai Gigafactory to pre-lockdown levels around mid-May, but it has not disclosed specific target figures.
Tao Lin, Vice President of Tesla Global, said in an interview that Tesla's Shanghai Gigafactory can achieve the goal of producing 500,000 vehicles this year.
On December 12, Tesla denied a report that the Amercian electric vehicle maker's Shanghai factory will suspend production of its Model Y from December 25 to January 1 next year.
Cui Dongshu, Secretary General of the China Passenger Car Association said on October 9 that domestic sales of new energy vehicles remained strong in September. During the month, Tesla's Shanghai Gigafactory delivered more than 83,000 vehicles.
Tesla had reportedly removed an electronic control unit in the steering system of its Model 3 and Y vehicles made in Shanghai, in order to cope with the ongoing global chip shortage.
Tesla published the environmental impact assessment (EIA) for the first phase of the Tesla Gigafactory Project on Tuesday.
According to the 10-K annual report submitted by automaker Tesla to the the US Securities and Exchange Commission (SEC) on Tuesday, the firm's revenue in the Chinese market reached an impressive $13.844 billion in 2021.
Contemporary Amperex Technology Co., Limited (CATL)'s latest lithium-ion battery factory being built has now started production in Shanghai.
On October 21, Tesla announced in its Q3 earnings conference call that China remained Tesla's main export center throughout the quarter.
During September, Tesla's Model Y became the top-selling SUV model in Australia and ranked among the top three best-selling vehicles overall in the country. At the same time, the Model Y became the top-selling vehicle in New Zealand.
Tesla plans to suspend most production at its Shanghai Gigafactory for the first two weeks of July to carry out upgrades to equipment.