A study conducted by a Chinese financial company China Industrial Securities suggests that Tesla Gigafactory Shanghai is estimated to produce more than 500,000 cars this year.
Since Tesla’s mega car manufacturing plant in Shanghai has already reached the weekly production capacity of 8,000 cars per week, the automaker does not need a giant leap to reach the ideal 500k/year figure.
Out of weekly 8k total cars, Tesla is producing 5,000 Model 3s and 3,000 Model Ys. At end of the year (EOY), Tesla is expected to build 278k Model 3s and 275k Model Ys at Giga Shanghai. 100,000 of these Tesla Model 3 and Model Y EVs are expected to be exported to Asia Pacific, Europe, and the Middle East as well.
Tesla retail investor and enthusiast @Ray4Tesla shared this study on his Twitter account, since the contents are in the Chinese language, he was able to translate it for us because of Chinese origin.
Seems there’re some comments about 8k/week capacity. How could it lead up to 523k units at EOY? My 1st tweet runs out of space for me to elaborate about production ramp. 8k is the initial capacity which will be scaled up to 12-13k/week in mid 2021 and up to 15k/week at EOY.
— Ray4Tesla(@ray4tesla) January 5, 2021
Tesla officially launched Made-in-China Model Y last week in the country and according to China Central TV News (CCTV), 100,000 cars have already been pre-ordered by Chinese customers.
CCTV news reports about Made in China Tesla Model Y. Surpasses 100k orders on the first day with busy foot traffic every day at Tesla Store across
— Jay in Shanghai. NIO denies order cancellation @teslacn @NIOGlobal#Tesla #China #TeslaChina #GF3 #MIC #Gigafactory #ModelY #特斯拉 #中国 $TSLA pic.twitter.com/oJNb3RY11b (@JayinShanghai) January 5, 2021
SUV body type is more popular in China and Tesla knows it well as Chinese customers are crazy about Tesla Model X and most people prefer it over the Model S. The launch of MIC Model Y compact electric SUV created enough excitement among potential customers that they rushed towards the Tesla stores to get a feel of their dream car in the real world.
According to reports, people even waited outside Tesla China stores to check out the newly introduced Model Y.
[Part 2] There’s a queue to check out MIC Tesla Model Y at Jinqiao, Shanghai Tesla Store. SUV is definitely a number one choice for buyers in China
— Jay in Shanghai.#Tesla #TeslaChina #ModelY #MIC #特斯拉 #中国 $TSLA pic.twitter.com/w6enqOtapr (@JayinShanghai) January 4, 2021
If Gigafactory Shanghai is able to produce 500+ cars this year, which is most probable and the Gigafactory Berlin starts producing its first European Model Ys, Tesla might just be able to pull the 1 million+ cars per year target in 2021. Tesla has also managed to source lithium hydroxide for its battery production for the next five years from China recently.
Car carrier trailers and huge car transport vessels have already been seen transporting the Chinese made Model 3 and Model Y EVs within the country (videos below).
A transporter full of MIC Tesla Model 3s/Ys leaving Tesla Gigafactory Shanghai. #Tesla #TeslaChina #Model3 #ModelY #MIC #Gigafactory #特斯拉 #中国 $TSLA pic.twitter.com/JZWDlRGIqC
— Jay in Shanghai(@JayinShanghai) January 5, 2021
MIC Tesla Model 3s/Ys arrive at Tianjin port from Tesla Gigafactory Shanghai. Actually I can’t tell if it’s Model Y or Model 3. Preparing for mass delivery national wide!#Tesla #TeslaChina #Model3 #ModelY #MIC #GigaShanghai #特斯拉 #中国 $TSLA pic.twitter.com/Gps7RmK7W5
— Jay in Shanghai(@JayinShanghai) January 5, 2021
Tesla has already achieved the target of producing 500,000+ cars at the Fremont factory this year which Elon Musk had predicted in 2014. No doubt Tesla’s Gigafactory Shanghai had a major role in this achievement and will be a vital organ of the Silicon Valley-based automaker’s fantastic and gigantic future.
